News

Sobha Realty, a leading global luxury real estate developer, has announced the launch of “The Mirage” at Sobha Central, the latest addition to its flagship mixed-use master development, Sobha Central, primely located on Sheikh Zayed Road. The launch follows the remarkable sales success of the initial towers within Sobha Central, which spans across 1 Million sq. ft.,underscoring strong investor confidence and continued demand for premium residences in one of Dubai’s most sought-after urban lifestyle destinations. Set within a dynamic mixed-use community, The Mirage at Sobha Central introduces a new residential development featuring 677meticulously designed apartments. The tower exemplifies Sobha Realty’s signature craftsmanship,

Dubai’s ultra-luxury real estate segment is being given a new dimension by a AED3 billion portfolio of properties under development in two of the city’s prime neighbourhoods. Avoiding the usual dependence of high-end developers on off-plan sales, each Nordic by fäm mansion and villa is completed before being introduced to the market, focusing on simplicity not opulence. This double break from tradition comes as data from DXBinteract now shows that more than AED140 billion worth of ultra-luxury homes have been launched in Dubai in the last five years. Meanwhile, sales of AED40M+ villas grew from 27 in 2020 to 242 in 2024, with transaction

In a landmark move to strengthen India–UAE economic ties, NBCC (India) Ltd., a Government of India Navratna enterprise with a project portfolio exceeding INR 1.2 trillion (approx. AED 53 billion), has signed a Memorandum of Understanding (MoU) with Pantheon Elysee Real Estate Development LLC ("Pantheon Development"), one of the UAE's fastest-growing developers with AED 3 billion worth of upcoming residential and mixed-use projects across Dubai and Ras Al Khaimah. The MoU marks a strategic alignment between NBCC's six-decade legacy in large-scale EPC and infrastructure delivery and Pantheon's innovative approach to affordable luxury living. Under the partnership, Pantheon will lead project ideation, financing,

ONE Development, one of the region’s fastest-growing AI-enabled real estate developers, has broken ground on its flagship hospitality project, DO Dubai Islands. The ceremony was attended by the company’s Founder and Chairman, Ali Al Gebely, alongside global music icon and strategic partner, Amr Diab. Managed by DO Hotels & Residences, the project introduces the world’s first AI-powered musical hotel apartments, a concept that merges music, wellness, and intelligent technology into one experience. The development will feature hotel-serviced waterfront apartments and branded residences that combine smart design, wellness-focused amenities, and personalization services powered by AI. The project launches at a time of strong

Global property and advisory firm BlackBrick, founded on over 20 years senior real estate leadership, today reveals the top performing villa communities in Dubai for the next 12 months. The findings, backed by BlackBrick’s client data, are supported with insights as to the key trends driving Dubai’s continual villa demand in Q4 2025. According to Matthew Bate, Founder and CEO of BlackBrick, Dubai’s villa market is entering a new phase of maturity, defined by a more analytical approach to acquisition and investment. BlackBrick’s data point to lifestyle priorities, long-term investment thinking, and genuine end-user demand shaping how, and why, villas are

Azizi Developments, a leading private developer in the UAE, has announced the launch of Azizi Farishta II, its latest premium, metro- and highway-connected residential development in the vibrant and strategically located Al Jaddaf area. The project perfectly encapsulates the harmony between Dubai’s cultural heritage and contemporary design and innovation, offering residents a distinguished lifestyle along the Dubai Creek, at the very center of it all, with seamless access to the city’s major business, leisure, and retail destinations. Azizi Farishta II features premium freehold studios, one-bedroom apartments, and opulent penthouses, all designed to reflect timeless sophistication and comfort. With panoramic views of

Gllit, a leading proptech innovator introducing the next-gen way of buying, selling, and renting property in the UAE, has today rolled out powerful new tools and features that make it easier for every home seller and landlord to create professional-quality property listings and earn more from direct-to-owner transactions. Gllit has launched Expertise-as-a-Service for Marketing offering exclusive smart tools – Gllit TextPro AI and Gllit ImagePro AI – that automate and make it easier and faster to complete professional-quality listings. These features are a direct response to evolving market challenges and underline a deep understanding of a key gap in the market:

BEYOND Developments, the bold and design-led real estate developer transforming Dubai Maritime City, has announced the launch of “31 Above”, its first commercial tower, and the first commercial tower to be developed within Dubai Maritime City offering unrivalled views of the Dubai skyline and the Arabian Gulf. The project marks a pivotal step in the company’s strategic expansion into the commercial sector, delivering a next-generation business destination for entrepreneurs, companies and global enterprises seeking a dynamic presence in Dubai. Dubai’s forward-looking economic ecosystem continues to attract ambitious industries from around the world, reshaping expectations of the modern workplace. Today, organisations prioritize business

The U.S. Federal Reserve's 25-basis-point rate cut mirrored by the UAE Central Bank through the dirham–dollar peg as it gives Dubai's residential market fresh momentum, adding to growth driven by population inflows, HNWIs, tourism, FDI, and strong investor demand. The Fed lowered its target range by 0.25%, bringing it to 3.75%–4.00%, while the UAE base rate moved lower in tandem, effectively easing borrowing costs for households and investors. In a market where Dubai has recorded approximately 163,000 transactions with a total sales value exceeding AED 440 billion in 10 months of 2025, lower-cost financing is expected to support mortgage-backed purchases, boost

Provident Estate, one of Dubai’s leading real estate agencies, has unveiled its first-ever Provident Boutique in the prestigious Dubai World Trade Center (DWTC), marking a major step forward in how real estate is presented, experienced, and accessed in the city. Strategically located on Sheikh Zayed Road, the Provident Boutique places the company at the heart of global business and investment activity, connecting directly with international investors and professionals visiting Dubai for major events and exhibitions. Far from a traditional office, the Provident Boutique at DWTC serves as a permanent real estate exhibition hub where innovation meets opportunity. Inside, visitors can explore: Interactive digital displays of Dubai’s premier developments, including projects