News

Chaimaa Holding, the boutique real estate developer celebrated for its legacy of craftsmanship and storytelling-led architecture, officially unveiled ISLA Private Residences at an exclusive press conference hosted at the iconic Bvlgari Yacht Club, Dubai. The launch brought together key members of the media alongside the project’s leadership — Abderrahmane El Alj, Chairman of Chaimaa Holding, Khadija Aouane, CEO of Chaimaa Holding Dubai, and brand ambassador Cengiz Coşkun — marking the arrival of a new philosophy of living on Dubai’s evolving coastline. Inspired by the Italian concept of Dolce Far Niente — the sweetness of doing nothing — ISLA Private Residences is designed

DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has launched Piazza Roma offices and Valencia apartments within DAMAC Lagoons District, a multi-use, lifestyle-led community. Unveiled at a dazzling launch at Coca-Cola Arena, this is a 24/7 live–work–play destination, anchored by DAMAC Mall and activated by water, culture, and community. Amira Sajwani, Managing Director, DAMAC Properties, said: “DAMAC Lagoons District is our next step in building a community that optimises life. We’re bringing together two powerful ideas of waterfront wellbeing and a high-energy urban district, so residents and professionals can spend less time commuting and more

Binghatti Holding Ltd, a leading UAE real estate developer, announced record financial results for the year ended 31 December 2025, underlining strong sales execution, disciplined delivery, and continued strengthening of the Group’s balance sheet. Net profit increased 96% year-on-year to AED 3.58 billion, reflecting robust operating leverage, efficient execution and the continued strong demand for Dubai real estate. The company’s revenue nearly doubled year-on-year to AED 12.43 billion, compared with AED 6.34 billion in 2024, driven by strong sales momentum, accelerated project handovers and the continued success of Binghatti’s optimally diversified portfolio across mainstream, premium mainstream, luxury and ultra-luxury offerings. In the fourth

PropTech Connect 2026, the leading international event dedicated to real estate technology, will kick off tomorrow in Dubai. Hosted by the emirate for the first time in the Middle East under the supervision of the Dubai Land Department, the event has attracted more than 4,000 participants, including government leaders, investors, developers, and proptech companies. The event will take place on 4 – 5 February 2026 at Grand Hyatt Dubai. The event represents a strategic milestone within Dubai Land Department’s efforts to lead digital transformation in the real estate sector, and to support the objectives of the Dubai Economic Agenda D33 and

CRYSTAL, a new real estate developer rooted in legacy and driven by vision, has officially announced its entry into the Dubai market with the unveiling of its brand identity and the first signals of a flagship development to come. Positioned at the intersection of design, culture, and future living, CRYSTAL marks a bold evolution in how real estate is conceived and delivered in the region. The brand represents a new generation of development one that prioritizes meaning, craftsmanship, and long-term impact over short-term returns. Founded on family values and generational responsibility, CRYSTAL emerges as a Global Indian-origin brand that draws inspiration from

Danube Properties, part of the UAE-based real estate conglomerate Danube Group, has announced the appointment of former Australian cricket legend Brett Lee as its official Global Ambassador. This strategic partnership marks a significant step in strengthening Danube’s global brand presence and deepening engagement across international markets. Brett Lee’s global recognition, credibility, and strong connection with audiences worldwide will support Danube’s efforts to effectively communicate its core values of performance, reliability, and innovation, while reinforcing its position as a future-focused global real estate developer. Commenting on the association, Rizwan Sajan, Founder and Chairman of Danube Group, said: “This partnership reflects our commitment to

SmartCrowd has announced the successful exit of a three-bedroom duplex apartment in global commerce hub Dubai International Financial Centre (DIFC) following a targeted value-add renovation, achieving a record sale price of AED 8.7 million. The result represents an incredible 22.5% outperformance versus the original projected exit price of AED 7.1 million and delivers a net ROI of 25% to investors after all fees. The transaction highlights the continued strength of DIFC's prime residential market, where demand for high-quality, centrally located assets remains resilient. It also highlights SmartCrowd's growing capability in sourcing and executing short-term property flips — an investment model the platform

H&H, the Dubai-based developer behind the Eden House brand, announces the completion and handover of Eden House The Canal, its low-rise waterfront development on the banks of the Dubai Water Canal, following a 100 per cent sell out prior to completion. Located in Jumeirah, the 98-residence development is defined by residential privacy, considered architecture, and signature suite of services. The handover introduces a new waterfront address designed to offer a quieter, more residential alternative within the city. The commercial success of Eden House The Canal reflects a continued shift within Dubai’s luxury residential market, where homeowners place increasing value on privacy, wellbeing

Whether you arrive by road or by sea, the transition is deliberate. Set on Jumeirah Bay Island, this gated enclave softens the boundary between the outside world and what lies beyond. You're greeted by the sea upon entry, revealed through a full-height glass façade and the sense of Dubai as a bustling city begins to fade. This is the environment Jana Zapletalová chose to introduce to her client — without photographs, without price and without preamble. The result was an AED 340 million transaction, the fourth largest villa transaction ever recorded in Dubai history. Letting the property speak for itself In a market shaped by previews,

Sobha Realty, a leading global luxury real estate developer in Dubai, has announced a continuation of its special bonus program for its employees, reaffirming its commitment to recognizing their dedication and hard work. In recognition of the unwavering contributions of its team members, the company allocated an AED260 million bonus in FY2025, for employees not already covered by incentive programs. This initiative, which spans multiple departments, reflects Sobha Realty’s acknowledgment of the collective efforts driving its continued success. Commenting on the announcement, Mr. Ravi Menon, Chairman of Sobha Group, said: “Our people are at the heart of Sobha Realty’s journey and achievements.