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
Dubai Stays On Course For Record Year In Property Rentals
The Dubai real estate market remains on course in 2026 to set a new all-time high for rental contracts recorded in one year. A market analysis from fäm Properties today shows that 38,197 rental contracts were registered in July, 18,431 of these new agreements, with 19,766 renewals. This takes the total number of rental contracts recorded for the first seven months in 2026 to 214,445, a 1.9% increase on the same period last year which ended with a record number of 377,660 registered contracts. To date in 2026, reflecting a consistent apartments preference in the market, 88,327 (41%) of tenancy contracts registered were for
ORA Developers Launches Y Views At BAYN, Ghantoot Corridor’s First Major Waterfront Masterplan
ORA Developers, a global developer and curator of lifestyle destinations is set to launch BAYN, a 4.8 million sqm (480-hectare) coastal masterplan in Ghantoot corridor, between Abu Dhabi and Dubai. BAYN is ORA's flagship UAE development, part of a total AED 30 billion investment commitment by the developer. betterhomes has been appointed to lead the current release, giving buyers direct, priority access to units. The Ghantoot corridor occupies a singular position on the UAE map, connecting two of the country's largest economies. Where most new waterfront communities compete for attention within a single emirate, BAYN occupies a unique position between the
Cyber Gear Launches Auditsite.ai
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Signature Developers And Betterhomes Release Select Units With Exclusive Offers At W Residences Dubai – Jumeirah Lakes Towers
Signature Developers and betterhomes have partnered to release a limited selection of residences at W Residences Dubai – Jumeirah Lakes Towers, the newest branded residential address coming to JLT. With exclusive offers available on 2- and 3-bedroom apartments only through betterhomes, buyers can secure priority access to a curated selection of inventory at a development that brings together W-branded lifestyle living, bold design, hospitality-inspired service and one of Dubai’s most connected urban locations. Through W Residences Dubai – Jumeirah Lake Towers , Signature Developers offer a lifestyle-led residential experience to one of Dubai’s most established communities. Bringing the global energy of the W brand into a standalone residential setting, the project blends music, fashion, design, culinary culture and 24/7 hospitality-inspired living, creating more than a residence
Dubai Residential Market Reaches AED 25.95bln In July As Buyer Confidence Underpins Market Resilience
Dubai’s residential market continued to demonstrate resilience in July 2026, with sustained buyer confidence supporting healthy market activity despite a more measured pace of transactions compared with the exceptionally strong levels recorded during the same period last year. Supported by continued population growth, economic diversification and long-term investment confidence, the market continues to transition towards a more balanced and fundamentally driven phase. According to Springfield Properties’ latest Dubai Real Estate Report, residential sales totalled AED 25.95 billion across 12,748 transactions during July. Off-plan developments continued to dominate market activity, accounting for 70.8% of residential transaction volume and 58.9% of total residential