News

Dubai Properties, a member of Dubai Holding Real Estate, has awarded contracts worth nearly AED 1.1 billion to Metac General Contracting Co. LLC for the construction of 850 townhouses at Villanova in Dubailand, accelerating the next phase of growth at one of Dubai’s most established family communities. The award covers phase 1 and phase 2 of La Tilia, comprising 500 three-bedroom and 350 four-bedroom homes. Phase 1 will deliver 410 units, with phase 2 adding a further 440 homes. Since its launch, Villanova has delivered 3,834 homes, reinforcing its position as a well-established suburban address for mid-market and upper mid-market properties. The

Amid ongoing regional uncertainties and evolving global sentiment, Amirah Developments has reaffirmed its confidence in Dubai’s real estate market, with its Chairman, Muhammad Yousuf Jafrani, highlighting the emirate’s resilience, strong leadership, and sustained growth trajectory. Dubai’s property market continues to demonstrate remarkable strength, with total real estate transactions reaching Dh917 billion across more than 270,000 deals in 2025, marking a 20 percent year-on-year increase and the highest performance on record. This consistent growth reflects not only the scale of activity but also the depth of investor confidence in Dubai as a global real estate hub. Further reinforcing this momentum, the first half

Parkin Company PJSC (“Parkin” or the “Company”), the largest provider of paid public parking facilities and services in Dubai, has entered into a multi-year agreement with Binghatti Holding Ltd (“Binghatti”), one of the UAE’s largest real estate developers. Under the terms of the agreement, Parkin will operate a defined portfolio of approximately 1,200 spaces across selected Binghatti developments located in the Jumeriah Village Circle, Al Jaddaf and Business Bay areas. The partnership forms part of Parkin’s ongoing strategy to expand its presence within the developer parking segment and grow its managed parking portfolio across Dubai. The agreement is not expected to

DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has launched the final collection of residential units at DAMAC District, introducing 600 studio and one-bedroom apartments. On the back of strong buyer demand, the new release caters to investors and end-users seeking contemporary apartments within a proven master development. Launched last year, DAMAC District combines residential and commercial towers with collaborative workspaces, wellness-focused facilities, and a diverse blend of retail, cultural, dining, and entertainment options. Amira Sajwani, Managing Director at DAMAC Properties, said:  “DAMAC District Apartments follows exceptional demand for the earlier phases of DAMAC District’s residential and commercial

BlackBrick, the leading property and lifestyle advisory and firm headquartered in Dubai, has launched a series of complimentary wellness events as part of its continued commitment to supporting the local community during a period of regional uncertainty. The events will start immediately, running into the summer months and follow BlackBrick’s recent introduction of its complimentary real estate advisory service. Under the leadership of CEO and Founder Matthew Bate, the company is now extending its community outreach through a calendar of free wellness activities designed to encourage connection, resilience, and wellbeing. The April programme includes outdoor bootcamp fitness sessions, group and 1:1 sophrology

Dubai’s residential property market has entered a more measured phase in Q1 2026, following a strong start to the year, according to Savills latest Dubai Residential Q1 2026 report. Transaction volumes reached approximately 45,208 in Q1, reflecting a 17% quarter-on-quarter downward adjustment after three consecutive quarters in 2025 where volumes exceeded 50,000. Activity in January and February remained broadly in line with 2025 trends, while March saw a temporary easing in momentum. This shift was influenced by a combination of factors. The wider regional geopolitical developments understandably led to a more cautious and considered approach among market participants while seasonal trends governed by

Azizi Developments, a leading private developer in the UAE, today reaffirmed its unwavering commitment to the nation’s growth and social welfare by officially joining the #ProudOfUAE community movement. This initiative highlights the developer’s role not just as a builder of landmarks, but as a pillar of the UAE’s humanitarian and economic landscape. The #ProudOfUAE movement, which has seen a surge in participation across social and corporate sectors, celebrates the unity, resilience, and visionary leadership of the Emirates. "The UAE is more than just a place of business; it is our home and the foundation of our dreams," said Mr. Mirwais Azizi, Founder

Alpha Nero, the Dubai-founded luxury retail fitout and shopfitting specialist, has officially launched a dedicated luxury residential division as demand continues to increase among ultra-prime private residence owners in the UAE and the wider GCC, despite ongoing challenges in the region. The company, a market leader in luxury manufacturing and retail fitout for brands, has added the premium residential offering against a backdrop of demand for retail-level craftsmanship across homes to match the same levels of quality and design found in the world’s most prestigious retail and hospitality brands, including Dolce & Gabbana, LVMH, and Tom Ford. Simon Hacker, CEO and Founder

Azizi Developments, a leading private developer in the UAE, has announced that Azizi Central in Al Furjan is approaching project delivery, with works now 98% complete. Construction is progressing steadily, with the structure, blockwork, internal plastering, tiling, HVAC, and elevator installations now finalized. MEP stands at 98%, while external elements and façade are at 97%. The swimming pool has reached 98%, and overall finishes are at 99%. A total of 320 workers have been deployed on-site to maintain momentum. Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: “The upcoming handover of Azizi Central marks a significant milestone for

Through this collaboration, buyers can access a limited selection of residences via betterhomes, supported by private availability updates, priority guidance, and a dedicated point of contact from enquiry through to purchase. W Residences | Project overview W Residences Dubai, Jumeirah Lakes Towers is a branded freehold residential development offering 2 and 3-bedroom residences, with unit sizes ranging up to 2,264 sq ft and expected handover in Q4 2028. The project features a strong lifestyle offering, including the W Living Room, WET Deck, FIT Gym, yoga and Pilates studio, private meeting rooms, a screening room, and 24/7 Whatever/Whenever® service. It also offers convenient access