Grovy Developers And USquare Luxe Properties Unveil Show Apartment For Ramada Residences By Wyndham
Grovy Developers, an award-winning real estate developer in Dubai, has joined hands with USquare Luxe Properties to unveil the first look at its show apartment for Ramada Residences by Wyndham at Dubai Islands. Located within Grovy’s sales centre in the bustling hub of JVC, the show apartment marks the first physical presentation of the development, giving investors, brokers, and prospective buyers an opportunity to experience the design, layout, and lifestyle offering ahead of completion. The show apartment has been developed to reflect the final handover specification, showcasing the interiors, specially designed Ramada furnishings, and a hospitality-led design approach that defines the
Heat Stress Raises The Bar For How UAE Luxury Homes Must Be Built
Developers in the UAE need to fundamentally rethink how luxury homes are designed and built, as rising heat stress exposes the limitations of construction materials and methods that were never engineered for this climate. Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand, says developers must respond by selecting materials and systems specifically designed to manage the heat, humidity and air quality challenges that Gulf residents live with year-round. His comments follow new climate research published by scientists at the European Centre for Medium-Range Weather Forecasts, which found a sharp intensification of heat stress globally since the 1970s, with
Dubai Off-Plan Office Sales In H1 2026 Exceed Combined Sales Of Previous Seven Years
Dubai's off-plan office market recorded unprecedented growth during the first half of 2026, with sales reaching AED 13.1 billion across 1,668 transactions, surpassing the sector's combined sales over the previous seven years. According to an analysis by Al Masdar Al Aqaari on transactions registered with the Dubai Land Department, off-plan office sales between 2019 and 2025 totalled AED 5.48 billion from 1,821 transactions, meaning the first six months of 2026 alone outperformed the entire seven-year period. The strong performance underscores the rapid evolution of Dubai's commercial real estate market, driven by rising demand for premium office space, a growing number of regional and
DAMAC Tops Out Its AED 243mln Opulent Waterfront Development, Harbour Lights
DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has reached a significant construction milestone with the topping out of the AED 243-million, 52-storey Harbour Lights – its waterfront development in Dubai Maritime City. The achievement marks the completion of the tower's superstructure and brings the project a step closer to delivery. Ali Sajwani, Managing Director of DAMAC Properties, said: “The topping-out of Harbour Lights represents the realisation of a bold vision for signature waterfront living in one of Dubai’s prime destinations. As DAMAC continues to expand its portfolio of distinctive developments, we remain committed to creating
Sobha Realty And NBQ Team Up To Offer Home Financing Solutions For Off-Plan Projects Across The UAE
Sobha Realty, a leading luxury real-estate developer globally and National Bank of Umm Al Qaiwain (NBQ), have signed a Memorandum of Understanding (MoU) to provide preferential mortgage and financing solutions for customers purchasing off plan residential units across Sobha Realty’s developments. The partnership reflects the commitment towards supporting the UAE’s dynamic real estate sector by making homeownership more accessible and delivering tailored financing solutions that meet the evolving needs of both end-users and property investors. Eligible customers purchasing residential units from Sobha will benefit from competitive mortgage rates, preferential financing terms, and a streamlined application process designed to provide greater convenience and flexibility
Dubai Real Estate Rebounds With AED 200mln Bugatti Residences Penthouse Sale
Dubai’s real estate market continues to register exceptional demand for luxury properties, supported by growing confidence among local and international investors. This sustained momentum further reinforces the emirate’s position as one of the world’s most stable and attractive real estate investment destinations. Against this backdrop, Binghatti has announced penthouse sales totalling AED 270 million at Bugatti Residences by Binghatti in Business Bay during June 2026. The landmark transactions comprised the sale of an AED 200 million penthouse and a second penthouse valued at AED 70 million to international buyers, underscoring the continued demand for rare, ultra-luxury residences within globally branded developments. These
The Luxe Developers Awards An AED150mln Contract As Interior Fit-Out Progresses At Oceano
The Luxe Developers, the UAE-based luxury real estate developer, has formalised its AED 150 million interior fit-out contract with Interiors International Industries for its flagship Oceano development on Al Marjan Island, Ras Al Khaimah. Interiors International has been embedded within The Luxe Developers’ project team since early 2026, working alongside the main contractor as the development advances towards structural completion. Interiors International Industries, in conjunction with the main contractor, China State Construction Engineering Corporation, has been on-site and actively progressing the bespoke interior fit-out works across the twin-tower project, encompassing the residences, amenities and common areas of the AED1.5 billion ultra-luxury
Dubai Residential REIT Adds 220 Townhouses At Jebel Ali Village To Portfolio In AED 894mln Acquisition
Dubai Residential REIT, the GCC’s largest real estate investment trust, today announced the acquisition of 220 townhouses at Jebel Ali Village and their addition to its investment portfolio, marking the next step in the REIT’s committed growth strategy and expanding its presence in Dubai’s premium residential segment. Comprising a mix of three- and four-bedroom townhouses, the new cluster of 220 townhouses adds scale in a strategically located, family-oriented community and further broadens the REIT’s exposure to high-quality, income-generating residential assets. The acquisition was secured through a forward purchase agreement at a price of AED 894 million1. Ahmed Al Suwaidi, Managing Director of
Imtiaz Breaks Ground On Dh600mln ‘Sea Cliff Residence’, Expanding Its Dubai Islands Footprint
Imtiaz Developments, the award-winning real estate developer with a portfolio exceeding Dh15 billion and more than 22 developments on Dubai Islands, has celebrated the groundbreaking of Sea Cliff by Imtiaz, a premium waterfront residential development valued at Dh600 million, further strengthening its presence across one of Dubai's fastest-growing waterfront destinations. The groundbreaking marks another significant milestone in the company's long-term commitment to Dubai Islands, one of Dubai's fastest-evolving waterfront destinations. The ceremony was attended by Masih Imtiaz, CEO of Imtiaz Developments, alongside members of the company's executive leadership team, celebrating the commencement of construction for the landmark project. Speaking on the occasion,
Swank Development Advances On Two Fronts With Selora Residences Groundbreaking And Lua Residences Nearing Handover
Swank Development has broken ground on Selora Residences while simultaneously advancing Lua Residences to its final stage before handover, marking a significant moment of growth for the boutique luxury developer as it establishes a firm foothold in Dubai's competitive residential market. The two projects, each limited in scale by design, reflect Swank's deliberate approach to development. Rather than pursuing volume, the company has built its identity around restraint, precision, and architectural character that rarely emerges from large-scale production. Lua Residences, the company's first project, brings together 37 villas in a composition drawn from classical European architecture. The development has been shaped by