Zimaya's Dh185m Lawncrest Signals Steady Dubai Demand On October 27, 2026, Zimaya Properties announced the launch of Lawncrest, a Dh185 million residential development in Dubai Production City, marking the Dubai-based boutique developer's fifth residential project in the emirate. The announcement came against a backdrop of continued development activity in Dubai's real estate sector, even amid a period of wider regional uncertainty. Zimaya said four of its previous four projects have already sold out, underlining the pace at which its earlier launches moved through the market. Lawncrest itself is a ten-storey building comprising 183 residential units, offering studio, one-bedroom and two-bedroom apartments with

Condor Developers today announced the successful completion of construction of its sixth residential project in Dubai, Condor Fortuna in Majan within Dubailand district, The completion of the AED 120 million Condor Fortuna brings the value of Condor’s cumulative portfolio of completed projects in the last two years to AED 750 million.  The project offers 85 premium apartments in Majan with access to four key arterial roads connecting major Dubai landmarks within a 10-to 30-minute drive. “Including Condor Fortuna, an exclusive and boutique residential project, we have achieved a milestone of releasing close to 500 premium apartments to Dubai’s residential stock across three

Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully returned to the global debt markets via a successful issuance of a $400 million Senior Unsecured Sukuk, which has been listed on the London Stock Exchange and Nasdaq Dubai. The transaction marks the first issuance by a UAE real estate developer since the outbreak of the regional conflict in February 2026, highlighting Arada’s credit strength via the Company’s continued access to international debt capital markets despite heightened geopolitical uncertainty and a volatile market backdrop. The five-year fixed-rate Reg S Sukuk issuance, rated BB- by Fitch and B1 by

Binghatti Capital Limited, an investment management firm regulated by the Dubai Financial Services Authority (DFSA), announced that the Binghatti Pinnacle Development Fund has completed its investment strategy, achieving a net internal rate of return (IRR) of 194% and a net multiple on invested capital (MOIC) of 2.3x for external limited partners. These returns are net of fees, fund expenses and management's carried interest. The fund has completed distributions to its limited partners and is currently undergoing formal liquidation procedures, subject to the fulfilment of the remaining regulatory and administrative requirements. The fund raised approximately $29 million and pursued an investment strategy focused

Dubai’s property market recorded broadly stable asking prices across many popular areas in Q3 2026, according to Bayut’s latest market report. Search trends showed continued interest in established communities across a range of budgets, from affordable apartments to family villa neighbourhoods and prime waterfront addresses. Along with the Dubai search and asking-price analysis, the latest UAE Market Sentiment Survey from Bayut and dubizzle provides a broader view of consumer expectations, which also points to the stability and maturity of the market. Across over 2,000 completed responses from both platforms, 60% of surveyed buyers said they were very confident or cautiously optimistic

AHS Properties is set to launch AHS Twin Towers, its new commercial development on Sheikh Zayed Road, following the AED 1.1 billion acquisition of Shangri-La Dubai. The property will undergo a major transformation into a Grade A commercial destination. Positioned on one of Dubai’s most prominent commercial corridors, AHS Twin Towers will introduce a new architectural identity for the property. The project has been designed by Gensler, an internationally recognised architecture and design firm, with interiors by AHS Atelier, the company’s in-house design studio, bringing a bespoke approach to materiality, detailing and craftsmanship throughout the development. AHS Twin Towers will comprise ground

Rently, the platform that lets tenants choose how and when they pay rent, has secured a US$12 million growth credit facility from January Capital, a leading technology investment firm backing high-growth companies across Asia Pacific and beyond. The facility allows Rently to fund more deals, extending Rent Now Pay Later and its broader rent flexibility offering across its existing markets, Singapore, Hong Kong and the UAE, and into new ones, helping the next thousands of tenants on their housing journey. The big picture: one platform, three markets Rent is the largest recurring expense for most households, reaching up to 40% of monthly household income

Vista Real Estate (Vista) has announced a strategic partnership with Engineering Construction Company (ECC) to deliver a new Grade A business park in Dubai Studio City, introducing a next-generation workplace environment designed to meet the evolving needs of multinational companies operating in the UAE. The development will comprise approximately 600,000 square feet of built-up area, including 300,000 square feet of premium office space, alongside ground-floor retail, premium F&B offerings and lifestyle amenities designed to enhance the tenant experience. The project brings together Vista’s development expertise with ECC’s proven engineering and delivery capabilities, reflected in the development’s positioning, “Where Engineering Meets Enterprise.” The tagline captures the strength of the

Zimaya Properties, a Dubai-based boutique real estate developer, has announced the launch of Lawncrest, an AED 185 million residential development in Dubai Production City, as the Dubai-based developer continues to expand its presence in the emirate’s real estate market. Dubai continues to attract homebuyers and investors from across the world, supported by its international appeal and long-term development vision. Against this backdrop, Zimaya is progressing with its residential portfolio, with Lawncrest marking the company’s fifth residential project in Dubai. Zimaya Properties focuses on developing homes that combine practical layouts, quality finishes and considered design. The company has launched five projects to date,

Nakheel, a member of Dubai Holding Real Estate, has awarded Parkway International Contracting LLC a construction contract valued at more than AED 950 million for Phases 2 and 4 of Bay Grove Residences on Dubai Islands. The contract covers 617 homes ranging from one to four-bedroom across eight residential buildings, together with basement works, associated infrastructure and amenities including swimming pools, sports courts and fitness centres. Phase 2 comprises 360 homes across four buildings, with main construction works expected to be completed by late 2028. Phase 4 comprises 257 homes across four buildings, with completion anticipated in the second quarter of