Majid Al Futtaim Properties Prices $500mln 10-Year Sukuk
Majid Al Futtaim Properties (MAF) has priced its $500 million 10-year senior unsecured sukuk at a spread of US treasuries plus 95 basis points, tightening from initial price thoughts of T+125bps as books exceeded $1.8 billion, including joint lead manager interest. The sukuk, issued via MAF Sukuk Ltd under the company’s $3 billion debt issuance programme, was priced at a profit rate of 4.875% and a yield of 4.955%. The notes were offered at a reoffer price of $99.375. The sukuk will be listed on both the Dublin and Dubai stock exchanges. Proceeds from the sukuk are expected to support general corporate purposes and refinancing
Kleindienst Group Unveils New Design For Hôtel Cannes At The Heart Of Europe
Kleindienst Group, the European-origin conglomerate with a diverse portfolio spanning real estate development, construction, hospitality, sustainable energy and marine engineering, is unveiling the new design concept for its family friendly Hôtel Cannes, located within the Côte d’Azur Hotel at The Heart of Europe on the World Islands. Projected to open in Q3 2026, Hôtel Cannes embodies Kleindienst Group’s vision of experience-led luxury – merging cultural storytelling, design excellence, and destination-driven hospitality. The property will feature 215 rooms and suites, offering an immersive journey inspired by the spirit and allure of the French Riviera. The refreshed design brings a modern yet nostalgic
AMIS Development Launches Derby Heights Featuring A Spatial Edit By Casamia
AMIS Development today announced the launch of Derby Heights, a residential project located in District 11, Meydan, Dubai. The development is set for handover in Q4 2027. The project launch took place today at AMIS sales centre on Sheikh Zayed Road, Dubai. Derby Heights introduces a refined vision of elevated living through a spatial edit by Casamia a design narrative that brings together curated materials, tactile finishes, and refined aesthetics across the project’s shared and social spaces. The development reflects a commitment to thoughtful materiality and spatial harmony, creating an environment where design enhances everyday living. This project paves the way for a
DHG Properties Launches Helvetia Verde, The New High-Rise In Meydan Horizon
DHG Properties, a Dubai-based developer and part of the Swiss real estate and construction group DHG, has launched Helvetia Verde, a premium residential tower set in the prestigious upcoming district of Meydan Horizon, previously known as Bukadra. The project is the latest under the Helvetia brand – DHG’s real estate signature inspired by the Latin name for Switzerland, created to reflect Swiss craftsmanship, unmatched quality and exceptional living. Helvetia Verde carries the legacy of DHG Properties’ debut development in the UAE – Helvetia Residences in JVC – embodying sophisticated elegance, superior comfort, and sustained value in each of the 108 apartments
Flora Shore Beachside Residences Launch Marks A Major Milestone On Dubai Islands
Flora Shore Beachside Residences, a 14-storey residential development nestled in the heart of the Dubai Islands, has officially launched. The project will offer an elite lifestyle with a blend of architectural elegance, premium amenities, and panoramic sea views. The signing ceremony took place at the OCTA Sales Centre, marking a major milestone for the project's developer, Calgary Properties, in partnership with Flora Realty and exclusive sales and marketing partner OCTA Properties. Set for handover in Q3 2027, Flora Shore introduces a curated collection of 2, 3, and 4-bedroom residences inspired by coastal living. The tower is strategically positioned just minutes from Dubai Islands'
Introducing Dubai’s First Corinthia Residences
Driven | Forbes Global Properties has been appointed as the exclusive sales partner for the residences at Corinthia Dubai, including both branded and non-branded residences. Developed by Dubai General Properties, the twin towers on Sheikh Zayed Road will also feature Dubai's first Corinthia five-star, ultra-luxury hotel. “This project stands out for its clarity of vision: an iconic address that pairs a five-star hospitality experience with a versatile residential offering. It’s the kind of development that creates long-term value for residents and investors alike,” said Abdullah Alajaji, Founder and CEO of Driven | Forbes Global Properties. “Our team is honored to be
SAMANA Redefines Arjan Living With ‘Flexible Homes’ And Private Pools At Imperial Garden
Samana Developers, an award-winning leader in Dubai real estate, just unveiled its newest residential project, SAMANA Imperial Garden, set to add resort-style luxury into the burgeoning Arjan district with the introduction of Flexible Homes. SAMANA Imperial Garden: A Premium Investment in Arjan The SAMANA Imperial Garden project is a substantial AED 398 million investment by Samana Developers, set to deliver 344 premium residential units with an estimated handover in March 2029. This development pioneers the Flexible Homes concept, using integrated smart furniture to maximize space and adaptability. This innovation allows units to be seamlessly reconfigured, meaning a studio can convert to a
Dubai Real Estate: Q3 2025 Residential Transactions Reach AED 138 Billion As Demand Remains Resilient Across Off-Plan And Ready Markets
Dubai’s residential real estate market continued to show remarkable resilience and growth in the third quarter of 2025, according to the latest report from Espace Real Estate (Dubai Residential Market Overview - Q3 2025). Transaction volumes remained robust, supported by sustained demand across both off-plan and ready properties. The new report reinforces the Emirate’s growth trajectory, as Dubai’s residential market continues to demonstrate strength and liquidity with sustained demand across all segments. The quarter recorded 55,280 residential transactions valued at AED 138 billion, representing an 18 per cent year-on-year increase from the same period in 2024. The performance underscores the market’s
Dubai Land Department At GITEX Global 2025: 19 Years Of Digital Transformation Shaping The Smart Real Estate Future
Building on over 19 years of pioneering digital innovation and government excellence, Dubai Land Department (DLD) is participating in GITEX Global 2025, the world’s largest technology event. The participation reaffirms DLD’s leading role in driving the smart transformation of the real estate sector, enabling investment, regulating the market, and safeguarding the rights of investors and customers. Through this participation, DLD showcases a new generation of digital solutions and global partnerships that enhance service efficiency, market transparency, and Dubai’s position as a global hub and the premier destination for sustainable real estate investment. Since its early journey toward digital transformation and through
Dubai Land Department Unveils ‘Digital Sale’ Service On Dubai Now App At GITEX Global 2025
The Dubai Land Department (DLD) launched the first phase of the ‘Digital Sale’ service through the Dubai Now appas part of its participation in GITEX Global 2025. Reaffirming Dubai’s leadership in driving digital transformation, this milestone underscores the emirate’s commitment to advancing the objectives of the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033. The initiative sets new benchmarks for the speed, reliability, and efficiency of real estate transactions, supporting Dubai’s vision of a sustainable, knowledge-based digital economy. The service represents a major leap in the way real estate transactions are conducted, enabling customers to complete registration and sale