LEOS Developments Brings Holistic Luxury To Dubai With Timeless British Design
LEOS Developments is elevating Dubai's real estate landscape with a portfolio of nine projects that offer timeless contemporary design, world class amenities and meticulously crafted interiors by British and European architects. Dubai's luxury real estate market is evolving with discerning buyers seeking residences that go beyond opulence to offer a refined sense of well-being. At the forefront of this shift, LEOS Developments integrates natural elements into British design. LEOS Developments is weaving wellness into the fabric of everyday life. Kensington Gardens in Greenwoods will have crystals embedded within walls and decorative elements such as chandeliers. Each crystal is chosen for its
Dubai’s Ultra-Luxury Real Estate Market Set For More Growth In 2025
Dubai’s ultra-luxury real estate sector is set to continue its robust growth trajectory in 2025, fuelled by strong demand, limited supply, and a steady influx of high-net-worth individuals (HNWIs), a new market study says. Over the last ten years, sales of luxury Dubai villas and apartments valued above AED15 million have risen dramatically, reaching AED 71 billion in 2024 for the second year in a row, an increase of almost 688% since 2015. However, while just over 326,000 are properties currently under construction in Dubai, a fäm Properties report today reveals a clear picture of the limited number of luxury or ultra-luxury
Dubai South Launches ‘Beachfront Gates’, Caters To Huge Demand On Apartments In The Area
Dubai South Propertiesannounces the successful launch of Beachfront Gates, an exclusive apartment development in Dubai South’s Residential District.This new project comes in response to the overwhelmingdemand for apartments in Dubai South, following the highly successful debut of South Living, which tapped into the growing appeal of the area as a premier destination for modern living. Beachfront Gates comprises two residential towers, both offering uninterrupted breathtaking views of the beachfront community and lagoonwithin the master development. Currently, only one of the two towers—Beachfront Gates Tower 2—is available for sale, that features 157 spacious units, including one-, two-, and three-bedroom apartments, along with
Dubai-Listed Emaar Properties’ Sales Hit Record High Of $19bln In 2024
Emaar Properties registered a 72% year-on-year (YoY) surge in property sales to AED 70 billion ($19 billion) in 2024, the highest ever it said. Revenues reached an all-time high of AED 35.5 billion in 2024, a 33% increase YoY, bolstered by record property sales, the Dubai-listed company said. The group’s revenue backlog from property sales surpassed AED 110 billion as of December 31, 2024, rising 55% from 2023, which indicated “robust revenue growth for the coming years”. Net profit attributable rose 16% to AED 13.51 billion in 2024 compared to AED 11.64 billion in 2023. Emaar acquired 141 million square feet of development land
Union Properties Achieves Exceptional Financial Results In Fiscal Year 2024, Achieved Comprehensive Income Of AED 395 Million
Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP), released its outstanding audited financial results for the fiscal year 2024, recording an operating profit of AED 161.8 million, with an annual growth rate of 59% percent, and a total comprehensive income of AED 395 million. Additionally, revenue generated from customer contracts increased to AED 528.7 million, up from AED 508 million in 2023, underscoring the robust operational performance and strategic growth of the Company and its subsidiaries. The results further highlight Union Properties’ remarkable achievements in debt restructuring, with total repayments amounting to AED 723 million completed in 2024,
Sobha One: First In The Middle East With Green Mark Platinum SLE, Reinforcing Sustainability Commitment
Sobha Realty, a leading global luxury real estate developer, has announced its flagship Dubai project, Sobha One, has been awarded the prestigious Green Mark Platinum Super Low Energy (SLE) certification by Singapore’s Building and Construction Authority (BCA). This milestone achievement makes Sobha One the first building outside Singapore to earn this distinction, highlighting Sobha Realty’s commitment to environmentally friendly living experience. In addition to the SLE certification, Sobha One has also been recognised with the Whole Life Carbon badge in testament to the project’s dedication to low-impact development and eco-conscious design. The Green Mark certification is a globally recognised benchmark for environmental resourcefulness,
Dubai’s Residential Resale Market Sees Continued Growth In 2024 As Transaction Values Increase To Over AED 155.72B
Dubai’s residential resale market continued its impressive performance in 2024, demonstrating resilience and strong growth across various segments, according to a new report by Metropolitan Premium Properties, a division of the Metropolitan Group. The report reveals total transaction value increased by 25.3% to over AED 155.72 billion, driven by a robust economy and sustained population growth. Despite global economic uncertainties, Dubai’s resilient real estate market remains attractive to both domestic and international investors. “Dubai’s real estate market has once again outperformed expectations and 2024 was no exception,” said Svetlana Vasilieva, Head of Secondary Sales at Metropolitan Premium Properties. “The data clearly shows
haus & haus Named ‘Top Closer Of The Year 2024’ By Bayut
haus & haus is proud to announce that we have been honoured with the Top Closer of the Year 2024 Award and recognised as the 1st Runner-Up for Agency of the Year 2024 - Dubai Enterprise Award by Bayut, one of the UAE's leading property portals. The commitment of our agents in embracing Bayut's innovative products, particularly TruBroker, has been instrumental in our success. TruBroker highlights agents who uphold ethical practices in the market, and we are proud to have 125 TruBrokers across the business, reflecting our team's professionalism and industry-leading standards. This achievement has led to more tenants, buyers, and
International Buyers Driving Sharp Increase In The Value Of Dubai Villas
The latest market analysis from eXp Dubai has revealed that high demand for villas is driving market performance across the city, far outperforming the price increase seen for flats and across the wider market. eXp Dubai analysed the latest figures looking at the rate of real estate appreciation seen across the market in Dubai over the last year.* The figures show that, on an annual basis, the market as a whole has remained somewhat flat over the last year, with real estate values increasing by 0.3% across the market in its entirety. However, some areas of the market are performing at a far
MAG Receives ‘Hospitality Launch Of The Year’ Award For The Ritz Carlton Residences, Dubai, Creekside At The Bayut Awards 2024
MAG, the leading real estate developer in the UAE, has been honoured with the ‘Hospitality Launch of the Year’ award for The Ritz Carlton Residences, Dubai, Creekside development which is part of Keturah Resort at the Bayut Awards 2024. The accolade, presented by Haider Khan, CEO of Bayut, celebrates the project’s outstanding contribution to redefining luxury hospitality in Dubai. The awards, hosted by Bayut, acknowledge pioneering developments that have set benchmarks in design, innovation, and market impact. The winners were announced at an exclusive ceremony held at Atlantis The Royal on February 6, 2025, bringing together key industry leaders and visionaries. In