Equity Celebrates Second Anniversary With AED 5 Billion In Property Sales And Plans For International Expansion
Equity, one of Dubai’s leading luxury real estate brokerages, is celebrating its second anniversary with more than AED 5 billion in property sales, a team of over 100 experienced brokers and staff, and continued expansion across some of Dubai’s most competitive real estate segments. Founded in 2024 by Emrah Yar, Equity has grown from a standing start into a recognised name in Dubai’s real estate market. Located in the prestigious Boulevard Plaza, Tower 2, in Downtown Dubai, the company’s premium office reflects its positioning within one of the city’s most prominent business and lifestyle destinations. Over the past two years, the
PRYPCO Mortgage Data Shows How Widely UAE Home Loan Approvals Vary Between Banks
PRYPCO Mortgage, the home-financing arm of PRYPCO, the leading fintech platform in the region, today launched a new self-service platform for homebuyers, alongside findings from its own lending data showing that the amount a UAE buyer can borrow depends heavily on which bank assesses the file. Analysis of mortgage applications processed through PRYPCO Mortgage found that, among buyers assessed by more than one banking partner, the median difference between the lowest and highest approved loan amount was approximately AED 100,000, or around 7% of the total loan value. Half of applicants received approval amounts that differed by at least AED 100,000,
Dubai’s Wealthiest Homeowners Are Investing Millions To Reinvent Their Villas Rather Than Move
Dubai's luxury residential market has become synonymous with record-breaking property transactions, soaring values and an influx of international wealth. But beyond the record-breaking sales, another trend is reshaping Dubai's most prestigious neighbourhoods. Rather than searching for a new home, an increasing number of affluent homeowners are choosing to completely reinvent the ones they already own. According to Dubai-based multidisciplinary design consultancy Imperium Group, demand for luxury villa renovations has increased by an estimated 35 to 50 per cent over the past five years, driven by homeowners investing millions of dirhams to transform existing properties into bespoke residences tailored to their lifestyles. The shift
Project Management Institute And Sobha Group Partner To Strengthen Project Management Excellence Across The Group
Project Management Institute (PMI) and Sobha Group have signed a strategic Memorandum of Understanding (MoU) to strengthen project management capabilities, accelerate professional development, and promote globally recognized best practices across the group. Bringing together one of the region’s leading real estate and development groups and the world's leading authority on project management, the partnership reflects a shared commitment to developing future-ready talent and driving project excellence. The MoU was signed by Mr. Francis Alfred, Managing Director of Sobha Realty and Mr. Hanny Alshazly, Managing Director for the Middle East and North Africa at Project Management Institute, during an official ceremony attended
Dubai Real Estate Market Diverges As Industrial And Retail Surge
Dubai's real estate market continues to show signs of its maturity, with performance increasingly driven by asset type, location and underlying demand rather than broad market-wide growth, according to new research from Chestertons Global. The firm's Q2 2026 Dubai Real Estate Market Report found that while industrial and retail sectors continued to deliver strong annual growth, office and residential markets entered a more measured period following several years of rapid expansion. The findings suggest the market is creating increasingly unique opportunities across different sectors, even as it demonstrates renewed resilience following a period of regional uncertainty earlier in the year. Industrial remained Dubai's standout performer during the quarter, with sector rents
KORO Development Completes And Hands Over KORO One, Its First Residential Community
KORO Development has announced the completion and handover of KORO One, the brand's inaugural residential development. Completed in March 2026, with handovers commencing in June 2026, the milestone marks the beginning of KORO's residential portfolio and the next chapter in ALTA Real Estate Development's continued expansion across Dubai. Launched by ALTA Real Estate Development, KORO was created to bring a fresh perspective to urban living through design-led residences that balance functionality and contemporary architecture. Building on ALTA's experience delivering some of Dubai's most distinguished addresses, KORO extends that expertise into a residential offering centred on everyday living and long-term value. Located in
Meraas Commences Groundworks For City Walk Crestlane
Meraas, a member of Dubai Holding Real Estate, has awarded a contract to International Foundation Group (L.L.C.) for groundworks for two residential buildings as part of Phase 3 of City Walk Crestlane, marking the next construction milestone in the continued expansion of the residential community. The contract covers comprehensive site preparation, excavation, soil improvement, dewatering, and the design and construction of shoring and piling works, enabling the next phase of construction. The appointment reflects Meraas' continued commitment to delivering thoughtfully designed residential communities while supporting the ongoing evolution of City Walk as one of Dubai's most distinctive mixed-use destinations. The residential buildings forms
HOLM Developments Unveils First International Project In Batumi
HOLM Developments is expanding internationally with the launch of its first residential development at Ambassadori Island in Batumi, Georgia. The project marks HOLM’s first development outside the UAE and follows its continued growth in Dubai, where HOLM has delivered several residential projects in Jumeirah Garden City. It reflects the company's long-term vision to grow in markets with strong fundamentals and long-term potential. As part of this expansion, HOLM has also secured ten additional development plots within Ambassadori Island, supporting the company's plans for continued growth in Georgia over the coming years. Ambassadori Island is a landmark waterfront destination on the Black Sea that
Emaar’s Net Profit Before Tax Increased By 23% To AED 12.8bln
Emaar Properties PJSC (DFM: EMAAR) delivered a resilient performance during the first half of 2026, with revenue up 21% to AED 23.9 billion (US$ 6.5 billion), EBITDA up 24% to AED 12.9 billion (US$ 3.5 billion), and net profit before tax up 23% to AED 12.8 billion (US$ 3.5 billion). Results were underpinned by disciplined execution across the Group’s core businesses and the continued strength of Dubai's economic fundamentals. Amid a backdrop of global economic and geopolitical developments, the UAE's diversified, business-friendly environment continued to support confidence across Emaar's core markets. The Group remained focused on operational excellence, financial discipline,
Azizi Developments Leads Property Market In July, Ranking No. 1 For Third Consecutive Month In Sales
Azizi Developments, a leading private developer in the UAE, has secured the top position across both total sales value and transaction volume in Dubai for July 2026, recording AED 2.7 billion in sales across more than 3,100 units, according to official market performance data. The July figures mark the developer's third consecutive month at the top of Dubai's real estate market, with Azizi outperforming its nearest competitor by more than double in total sales value and generating over five times the transaction volume of any other developer in the emirate. The sustained performance reflects continued investor confidence in Azizi's developments, driven by