Ennismore Accelerates Growth Of Branded Residences With New Concept For Our Habitas
Ennismore, the fastest-growing lifestyle and leisure hospitality company, announces a new branded residential concept for cultural-defining brand, Our Habitas, accelerating the group's global growth in the segment. As with its hotels, Ennismore brings its creative design expertise and ability to create a genuine sense of community through unique programming, carefully curated F&B elements, and exceptional services. With over 45 residential projects launched and under development across 20 countries, including the US, Spain, Mexico, Saudi Arabia, and UAE, Ennismore's expansion in the branded residence market underscores its commitment to redefining lifestyle, bringing its globally renowned brands, including Mondrian, Hyde, Rixos and now
DAMAC Properties Officially Launches Iconic Branded ‘Chelsea Residences By DAMAC’ In Dubai Maritime City
DAMAC Properties has officially revealed Chelsea Residences by DAMAC, the iconic residential development born of its landmark global partnership with, Chelsea F.C. Located in Dubai Maritime City, Chelsea Residences stands on one of the last remaining waterfront corner plots offering unobstructed 270-degree views of the Arabian Gulf and the Dubai skyline. The development consists of six towers rising 130 metres high with over 1,400 meticulously designed apartments, each inspired by the serenity of the sea and the passion of Chelsea F.C. The launch in Dubai was held in Dubai and attended by Amira Sajwani, Managing Director of DAMAC and ToddKline, President,Commercial,
Dubai Office Market Enters A New Growth Phase As Prime Space Demand Intensifies: Savills
Dubai’s office market continues to demonstrate strong fundamentals, with rising demand, increased occupier activity, and a dynamic shift in market behaviour. According to Savills latest Dubai Office Market in Minutes – Q1 2025, the emirate has entered a new phase of growth, characterised by elevated rental price levels, reduced vacancy, and increasing competition for prime commercial space. Dubai saw average year-on-year office rental price growth of 45% across 22 sub-markets in Q1 2025. Key business districts such as DIFC, Business Bay, Downtown Dubai, and TECOM are performing particularly well, with occupancy rates in DIFC reaching 98%. As a result, well-located, Grade
Dubai Land Department, MIE Events Collaborate To Unlock New Investment Opportunities At APEX In Miami
Dubai Land Department (DLD) has signed a strategic partnership agreement with MIE Events to enhance Dubai’s presence at the international APEX exhibition in Miami and expand its engagement with key global real estate stakeholders. This collaboration supports DLD’s efforts to attract foreign direct investment to Dubai through robust regulatory and institutional frameworks, reinforcing the emirate’s position as a leading global hub for real estate investment. The agreement was signed by Majid Al Marri, CEO of the Real Estate Registration Sector at Dubai Land Department, and David Wang, Chairman - MIE Groups, in the presence of CEOs from both parties. The collaboration outlines
Dubailand Records AED 26.2 Billion In Off-Plan Real Estate Transactions Over The Last Year
Dubailand has recorded AED 26.2 billion with over 9,000 units sold in off-plan real estate transactions over the past 12 months, reaffirming its position as one of Dubai's most dynamic and sought-after residential destinations. The transaction data reflects strong and sustained demand, fueled by Dubailand's strategic connectivity, diverse community offerings, and long-term investment potential. Dubailand's central location, with direct access to Sheikh Mohammed Bin Zayed Road, provides residents with easy connectivity across central Dubai. The community is located just 25 minutes from Dubai International Airport and offers close proximity to major entertainment and leisure attractions such as IMG Worlds of Adventure,
The Luxe Developers’ Oceano Development Sold Out
The Luxe Developers, the UAE-based real estate development firm, has announced its flagship twin-tower development Oceano, situated on Al Marjan Island, has now sold out, underscoring the project’s global appeal and highlighting the demand for ultra-luxury real estate in Ras Al Khaimah. The announcement follows the historic AED180 million sale of The Celest and The Stellar, two ultra-luxury Sky Villa residences within the development. These residences are the most expensive to be sold in Ras Al Khaimah and are redefining the property landscape in the emirate. Collectively, these exclusive Sky Villa residences span over 43,000 sqft, differentiating them from anything else
Dubai Real Estate Market Sets New Monthly Sales Record Of AED 62.4B In April
Dubai's thriving real estate market set a new all-time monthly sales record of AED62.4 billion in April, a 95.3% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month's total of 17,979 transactions also represented a 55.4% increase over April 2024, making it the third best-selling month on record in terms of volume. It underlines the buoyant nature of the Dubai property sector, with April eclipsing the previous monthly sales peak of AED 61.1 billion in October last year, following on from the second highest ever quarterly total of AED 142.7
Union Square House Achieves Record $63.7mln Sale In Jumeirah Residences Asora Bay
Dubai-based real estate brokerage Union Square House (USH) has shattered records in luxury property transactions. The firm has successfully brokered the sale of two ultra-luxurious apartments at Jumeirah Residences Asora Bay by Meraas, located in the prestigious La Mer district of Dubai, for a staggering $63.7 million (AED 234 million) to a single buyer. The first unit is a 6-bedroom simplex spanning 18,182 sqft, sold for about AED 164 million, while the second is a 4-bedroom simplex covering 7,728 sqft, sold for AED 69.5 million. Jumeirah Residences Asora Bay offers only 29 exclusive apartments managed by Jumeirah—a global leader in luxury
Mr. Eight Development Announces The Launch Of Villa Del GAVI, Its Second Project On Dubai Islands
Mr. Eight Development, a leading European property developer with over two decades of expertise, has announced the launch of its second residential project in the UAE – Villa del GAVI, located on Dubai Islands. Building on the success of its debut project, Villa del DIVOS, which has seen remarkable demand with almost 80% of its units already sold out, Villa del GAVI continues the brand’s mission to redefine beachfront living through timeless design and curated luxury. To celebrate the launch, Mr. Eight Development will host a private unveiling event at the Atlantis The Royal on May 03, 2025. The exclusive gathering
IMTIAZ Announces Khabib Nurmagomedov As Brand Ambassador At The Launch Of Beach Walk 4 In Dubai Islands
Dubai-based prime luxury developer Imtiaz Developments marked a major milestone with the official announcement of global sports icon and former UFC champion Khabib Nurmagomedov as its brand ambassador. The announcement was made during the grand launch of Beach Walk 4 Residence, the latest addition to the Beach Walk series by Imtiaz — a collection of ultra-luxury developments on Dubai Islands valued at AED 2.5 billion Dhs. During a special press conference attended by members of the media and key industry figures, Imtiaz Developments CEO Mr. Masih Imtiaz and Mr. Khabib Nurmagomedov formalised the brand ambassadorship with an official signing ceremony. “Today is a special day