News

A prime, waterfront plot on the Dubai Water Canal in Business Bay has sold for a record-breaking AED 362 million, reflecting a market that remains exceptionally liquid. The seller was Mukarrib Holdings, and the transaction was brokered by Driven | Forbes Global Properties. Positioned on the Dubai Water Canal and among the last true canal-front opportunities in Business Bay, the corner site offers an ideal platform for a mixed-use project and premium retail. It opens directly onto the canal boardwalk for effortless walking and cycling, with swift links to Sheikh Zayed Road and Al Khail Road. Looking ahead, planned stations on the

Azizi Developments, a leading private developer in the UAE, has announced that construction at Azizi Zain, its contemporary, metro-connected residential development in Al Furjan, has now attained 34% completion. The project remains on track for its delivery in Q1 2026. Structural works have reached 98%, while blockwork and internal plastering stand at 58% and 41%, respectively. MEP and HVAC activities are progressing at 19% and 18%, with overall finishes at 14%. A total of 339 personnel are currently deployed on-site, ensuring swift, high-quality construction. Mr. Farhad Azizi, Group CEO of Azizi Group, said: “The steady progress of Azizi Zain underscores our unwavering

Object 1, the award-winning developer shaping the UAE’s real estate landscape with design-led projects, has signed an official global partnership with the Nottingham Forest Football Club, marking the start of an exciting collaboration that brings together world-class football and Dubai’s rapidly growing real estate sector. Running throughout the 2025–26 season, the partnership positions Object 1 on the international stage while highlighting its local achievements in Dubai, creating opportunities to engage ardent football fans across the UAE and the Gulf region. The two join forces during an exciting period for both organisations, with Forest currently competing in the Europa League for the

Meraas, part of Dubai Holding Real Estate has announced the launch of Nourelle, a distinctive new residence within Madinat Jumeirah Living. Positioned at the heart of Jumeirah, Nourelle strengthens Meraas’s presence in the luxury real estate segment, offering a refined collection of homes distinguished by bold architecture, panoramic views, and wellness-focused amenities. Nourelle is part of a thoughtfully designed three-building residential project, with the first building comprising 66 residences across the 12-storey building. This includes 27 one-bedroom, 28 two-bedroom, 10 three-bedroom, and one four-bedroom apartment, which features floor-to-ceiling glazing designed to maximise natural light and offer expansive views of the surrounding neighbourhood.  A defining

Azizi Developments, one of the UAE’s leading private developers, has announced the launch of Azizi Noura, a premium residential community in Downtown Jebel Ali. Positioned beside Jebel Ali Free Zone (JAFZA) - the Middle East’s largest port and a global logistics hub - the development offers buyers and investors the chance to own contemporary homes in one of Dubai’s most strategically connected districts. Officially unveiling on 7 October 2025, the project will bring elegantly designed freehold residences to market, with prices starting from AED 570,000. Azizi Noura features modern studios, as well as one- and two-bedroom residences designed to harmonize sophistication

LIV Developers, an international luxury residential developer renowned for its boutique waterfront properties, has reported strong progress across its projects, with nearly AED 2.3 billion worth of homes, including 640 apartments, set for delivery over the next 12 months. The company also confirmed a new pipeline of ultra-prime projects valued at more than AED 1.5 billion, reinforcing continued investor confidence in Dubai’s luxury real estate market. Commenting on the company’s momentum, Ishan Khwaja, Director of LIV Developers, said, “This has been a landmark year for LIV Developers. The early handover of LIV Marina, the record sales success of LIV Maritime, and

BEYOND Developments, the bold and forward-thinking real estate brand, has announced the launch of Soulever by BEYOND, an AED 2.6 billion landmark within Dubai Maritime City (DMC). Rising as two sculptural towers designed by globally renowned architects SAOTA, with interiors by ARRCC, Soulever stands as a confident expression of BEYOND’s vision for waterfront living. As the company’s seventh launch within just one year since its establishment, Soulever reinforces BEYOND’s rapid momentum and the extraordinary demand for its design-led communities. Soulever is the sixth waterfront project unveiled within BEYOND’s 8 million sq. ft masterplan at Dubai Maritime City. Alongside Saria, Orise, Sensia,

Nakheel, a member of Dubai Holding Real Estate, has appointed Al Nasr Contracting Company LLC to deliver internal roadworks and essential utilities for Bay Villas at Dubai Islands under an AED 169 million contract. The scope covers access roads across the 636-unit residential community and the installation of essential utility services, ensuring connectivity between homes, public areas and wider island systems. This appointment supports Nakheel’s approach to sequencing preparatory works with infrastructure delivery, helping to enable efficient community build-out and consistent outcomes for residents. Khalid Al Malik, Chief Executive Officer, Dubai Holding Real Estate, said: “Awarding this infrastructure contract to Al Nasr represents

OCTA Development, the real estate development arm of the OCTA Group, has officially commenced construction on its inaugural residential project, OCTA Isle Interiors by Missoni, located on Island A, Dubai Islands. The groundbreaking and signing ceremony took place on-site, marking a significant step forward in the company's vision for elevated island living. OCTA Isle Interiors by Missoni introduces a curated collection of 2, 3, 4, and 5-bedroom apartments, each designed to reflect the signature artistry and craftsmanship of the Missoni brand. Set against the backdrop of Dubai Islands' pristine waterfront, the development promises a resort-style lifestyle with a focus on design excellence and

Dubai’s real estate market hit a new milestone in Q3 2025, recording the highest ever quarterly transaction volume and the second-largest sales value on record, pushing total sales for the first nine months of the year to nearly AED500 billion. A market update issued today by fäm Properties revealed that Q3 produced 59,228 sales transactions totalling AED 170.7 billion, marking YoY increases of 17.2% in volume and 19.9% in value. Data from DXBinteract also shows the full extent of the market’s surge in the first nine months of 2025, with total sales reaching AED 498.8 billion from 158,200 transactions - up 32.33%