News

Binghatti Holding Limited announced record-breaking financial results for the first quarter ended 31 March 2026, marking the company’s 10th consecutive record quarter, driven by strong sales execution, disciplined operations, and sustained demand across its diversified real estate portfolio. The company reported a net profit of AED 1.43 billion, representing a 73% year-on-year increase, while revenue rose 52% to AED 4.39 billion. EBITDA surged 83% year-on-year to AED 1.83 billion, reflecting continued operational efficiency and margin expansion. Binghatti also strengthened its profitability metrics, with net profit margin improving to 33% compared to 29% in Q1 2025, while gross profit margin increased to 43%.

Emaar Development PJSC (DFM: EMAARDEV), the UAE’s leading build-to-sell property developer and majority-owned subsidiary of Emaar Properties PJSC (DFM: EMAAR), reported a strong financial and operational performance for the first quarter of 2026 (January to March), supported by sustained demand across its developments, disciplined execution, and a resilient operating environment. The company’s performance reflects continued confidence in Dubai’s real estate sector, supported by strong investor interest, a stable regulatory framework, and sustained demand across key segments. Key Highlights of Q1 2026 Results: Property Sales: Emaar Development recorded property sales of AED 20.1 billion (US$ 5.5 billion) an increase of 22% over Q1 2025

Leading real estate developer KASCO Developments has proudly announced the official completion of its inaugural residential project, VOLNA By KASCO. This milestone marks a significant achievement as the project reached physical completion ahead of its registered scheduled date. Located in Al Jaddaf, one of Dubai's most sought-after emerging neighbourhoods, VOLNA By KASCO represents KASCO Developments' vision of blending modern architectural aesthetics with functional, high-end living. The building boasts 65 intricately designed residences, including a selection of spacious studios, 1, 2, and 3 bedroom apartments by the Creek. Since its launch in March 2025, the project has been fast-tracked through a combination of meticulous planning,

GRID has officially launched Enchanté by GRID, one of Arjan's first forest-inspired residential developments, unveiled at an exclusive launch event on May 7th, 2026. Rooted in the developer's philosophy of Shaping Ambition and backed by experience across 30+ projects in the UAE, UK & Cyprus, this one-of-a-kind development reflects GRID's vision of shaping ambition into purposeful, liveable spaces. The development comprises four towers with a timeless façade, hosting 270+ apartments set within a living landscape of over 500 trees and plants, where concrete is gently reclaimed by nature, and every space is shaped around a deep connection to the outdoors. Less Concrete,

Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, unveiled “Greenz by Danube,” the latest development by Danube Properties, during a major event held at Coca-Cola Arena in Dubai. The launch was attended by Rizwan Sajan, Founder and Chairman of Danube Group, along with more than 7,000 investors, business leaders, distinguished guests, and media representatives. The project marks the debut of Danube’s first large-scale integrated master villa community and Dubai’s first fully furnished master villa project. Sheikh Nahyan bin Mubarak stated that the unveiling of “Greenz by Danube Properties” represents an important occasion reflecting the continued success achieved by Danube

Dubai's property market is showing early signs of stabilisation approximately 67 days into the regional conflict, according to betterhomes' latest monthly market webinar held on the 7th of May. During the session, the leadership team presented the first comparative analysis of pre- and post-conflict market performance, alongside insights on three recent government policy developments. April transactions increased just under 2% month-on-month. Off-plan activity accounted for 76% of all deals, up 7% compared to March. While secondary market volumes remain softer, listing supply has not significantly increased, indicating that sellers are not rushing to exit the market. In the leasing segment, tenant enquiries rose by nearly

SAMANA Developers, a leading award-winning real estate developer based in Dubai, ranked as the fifth highest selling off plan in 2025, today announced the inauguration of its brand new multi-functional sales gallery at its headquarters in Bay Square, Business Bay. Building Trust This milestone builds on the momentum of a historic 2025, during which the company achieved a 40 percent increase in sales volume and successfully launched 16 new projects. SAMANA Developers has captured a significant 4.4 percent market share in the Dubai real estate sector, securing record-breaking with AED 7.1 billion gross sales last year. Last month alone, SAMANA Developers handover Samana

ORA Developers has launched Y Views at Bayn, an ultra-luxury enclave inside the 4.8 million square metre Bayn masterplan in Ghantoot, signalling a new push to develop the strip between Dubai and Abu Dhabi as a premium residential corridor. The development offers a limited-edition collection of fully finished villas with 5, 6, 7 and 8-bedroom configurations, ranging from 6,854 to 15,794 square feet of built-up area on plots of up to 31,226 square feet. Each villa employs ORA's step-down/step-up architecture, designed to ensure every bedroom faces either the sea or a waterway. Y Views sits 35 minutes from Downtown Dubai and 45

Grovy Developers, an award-winning real estate developer in Dubai, has partnered with Wyndham Hotels & Resorts, one of the world’s largest hotel franchising companies, to launch Ramada Residences by Wyndham at Dubai Islands, in partnership with USquare as development partner. The agreement was formally signed at a full-house event attended by senior leadership from all three organisations, including Abhishek Jalan, CEO of Grovy Developers, Dimitris Manikis, President, Europe, Middle East & Africa (EMEA), and Govind Mundra, Head of Development for the Middle East and Africa (MEA) at Wyndham Hotels & Resorts, along with Ubaid Ur Rehman Shaikh and Muhammad Umeed, Founders

Unique Properties has announced a landmark seven-figure investment to bring on board one of Dubai’s leading brokers, Alessandro Console. The strategic acquisition signals the company’s continued commitment to investing in top-tier talent, even as global and regional dynamics introduce short-term market fluctuations. With regional tensions leading to a temporary cooling in transaction volumes and a more measured approach from certain investor segments, industry experts widely agree that these are short-term headwinds within a fundamentally strong and upward-trending market. It is within this context that Unique Properties’ latest move stands out. Led by Armin Jalili and Arash Jalili, Unique Properties is doubling down