Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over AED 300 million to Al Sahel Contracting Company for Elara, Phase 7 of the Madinat Jumeirah Living master plan. The renewed contract follows the successful completion and handover of the first four phases of the landmark project, nestled in Dubai’s most prestigious freehold neighbourhood. Al Sahel is currently developing the fifth phase of the project, now in its final stages of completion. The announcement marks a milestone in the construction of this prime residential development, which is poised to redefine the city’s urban landscape. The latest

Riding the momentum of a record-breaking April, where Dubai’s real estate market achieved an all-time high of AED 62.1 billion in monthly sales, Property Finder convened an exclusive roundtable with the emirate’s top real estate leaders to chart the path forward. Amidst this unprecedented market performance, industry heavyweights expressed cautious optimism, anticipating that transaction activity will continue to accelerate throughout 2025 as investors adapt to evolving market dynamics. Here are three key insights that emerged from the roundtable, offering a window into what’s driving Dubai real estate in 2025. #1 The outlook is largely positive Despite global headwinds, from rising inflation to geopolitical shifts

Arada has unveiled Akala, the world’s first precision wellness destination and a pioneering new global hospitality and branded residences concept.From an ancient Sanskrit word meaning ‘beyond time’, Akala uses future-facing design and technology and a weightless service model to help its residents, visitors and members unlock their full wellness potential. The brand’s first and flagship location, Akala Hotel & Residences, which contains 534 branded residences, is ideally located between Dubai International Financial Centre (DIFC) and Downtown Dubai. Comprising two 220-metre-tall towers, the design of Akala features an architectural journey of compression and release, with signature elements flowing directly into a shared

As the United States enacts a new wave of tariffs on steel and aluminium imports, the UAE real estate market, particularly Dubai, stands out as a resilient and strategic investment destination, according to a new report from Betterhomes, Will Trump's Tariffs Impact UAE Real Estate? Despite the imposition of a 25% tariff on metal imports into the US, impacting global supply chains, Dubai continues to attract sustained foreign investment. The report highlights the emirate's unique positioning as a global trade hub, supported by a diversified economy, forward-looking government strategies, and an ongoing infrastructure boom. Macroeconomic Strength Underpins Investor Confidence The UAE's macroeconomic fundamentals remain

Dubai Land Department has launched the world’s first Property Token Ownership Certificate, following the successful sale of the first tokenized real estate project on the ‘Prypco Mint’ platform — licensed by VARA — within just one day of launch. This milestone further reinforces Dubai’s position as a global leader in real estate innovation and digital transformation. The first project launched under the Real Estate Tokenization Initiative attracted 224 investors, 70% of whom entered Dubai’s real estate market for the first time. This highlights strong investor confidence and the accessibility provided by flexible, low-cost digital solutions. Investors represented 44 nationalities, and the

Azizi Developments, the UAE’s leading private real estate group, is inviting investors in London to a dedicated exhibition featuring some of Dubai’s most attractive, high-return property prospects - including an early look at Azizi Milan, its Italian-inspired, environmentally conscious master-planned community. As part of its international roadshow, the event will take place on 31st of May, 2025 at Whitehall, Raffles London at The OWO, from 10:00 AM to 7:00 PM. Guests will have the opportunity to view a curated selection of units from Dubai’s most sought-after residential and hospitality locations. Azizi Milan, a landmark master-planned community, guided by principles of sustainability,

Dubai Financial Market today welcomed the successful debut of Dubai Residential REIT, a Shariah-compliant income-generating closed-ended real estate investment fund and one of the largest owners and operators of residential real estate in Dubai, trading under the symbol “DUBAIRESI” and ISIN “AEE01657D252”. The listing of Dubai Residential REIT on DFM marks a significant milestone for Dubai’s capital markets, introducing the GCC’s first listed pure-play residential leasing focused REIT and the region’s largest listed REIT with 35,700 residential units under management. It also represents the first REIT to list under the UAE’s updated regulatory framework and the first listing on the DFM

BT Properties, one of Asia’s most trusted development entities, unveiled its flagship development project ‘WAADA,’ a master-planned community, in the UAE during a landmark launch event held at the Grand Hyatt, Dubai Healthcare City. With over 30 years of experience in delivering large-scale, integrated, people-centric developments across Pakistan, BT Properties is bringing its legacy of trust and innovation to Dubai. The launch of ‘WAADA’ marks a significant milestone in the company’s expansion into the UAE market and reflects its commitment to contributing to the region’s real estate landscape. Situated in Dubai South, minutes from Al Maktoum International Airport and the Expo 2020

In a landmark move poised to significantly shape Dubai's luxury real estate landscape, MAG Group and CITIC Limited, one of China's largest state-owned conglomerates and a global leader in engineering, procurement, and construction (EPC), have announced the signing of a Memorandum of Understanding (MoU) for the development of Keturah Ardh — a visionary AED 22 billion (USD 6 billion) project spanning 18.47 million square feet in the Al Rowaiyah First District of Dubai. The signing ceremony brought together two financial powerhouses: MAG Group Holding, with a portfolio valued at USD 3 billion, ongoing sales worth USD 5 billion, and developments estimated

Binghatti Holding Ltd., the Dubai-based real estate developer behind iconic luxury branded residences, has announced that it has acquired freehold land with over 8 million square feet of gross floor area with an anticipated total development value of over AED 25 billion. The land is set to be used for what would be the company’s first large-scale master-planned residential community in the Emirate. Located in Nad Al Sheba 1 in the heart of Dubai’s sought-after Meydan district, the land has been set aside for a groundbreaking development designed to deliver a refined and tranquil lifestyle. The area has been long associated