The Luxury Real Estate announced today that it has consolidated its portfolio with Scorpion Property, amassing AED 3 billion in exclusive property listings across Dubai. As part of this consolidation, Scorpion Property will cease to exist as an independent entity, with its portfolio and expertise now fully incorporated into The Luxury Real Estate. The integration of both companiesstrengthens The Luxury Real Estate's position in the market and enhances its service offerings for high-net-worth individuals (HNWIs). By refocusing exclusively on HNWIs, The Luxury Real Estate is doubling its sales volume each month. The consolidationsees The Luxury Real Estate's team grow to over 100 agents,

MERED, an international real estate developer, is rapidly establishing itself as one of the fastest-growing companies in the Dubai real estate sector. In just one year since its market entry, MERED has swiftly emerged as a leading ultra-luxury player. The award-winning developer has launched and broken ground for its flagship project, the ICONIC Tower, within only six months. The tower will be the tallest in Dubai Internet City at 286.4 metres, boasting 310 luxury apartments and world-class amenities. In just the last year, the project has received approval from various government authorities, including the Dubai Development Authority (DAD), the Real Estate

DAMAC Group, a leading conglomerate known for its diverse investment portfolio, has announced a significant increase in its investment in the rapidly evolving Artificial Intelligence (AI) sector. This strategic move aligns with the Group's vision to support and develop cutting-edge AI technologies and infrastructure. The DAMAC Group's diversified family office has already invested in over 70 funds across various strategies, demonstrating its commitment to fostering innovation and growth across multiple industries. With this new focus on AI, the Group aims to further enhance its role in advancing foundational AI models and infrastructure. "As a forward-thinking organisation, we recognise the transformative potential of

Following the MoU between Bayut, the UAE’s leading property portal, and the Dubai Land Department, (DLD) Bayut has further worked on creating a revolutionary AI tool for their users and clients by introducing the innovative smart property valuation service ‘TruEstimate™’, leveraging their data integration with DLD. This AI-powered tool provides accurate property valuations and equips users with data-driven insights into the real estate market. TruEstimate™ aims to revolutionise how homeowners, property sellers, buyers, and agents engage with the dynamic UAE real estate landscape. TruEstimate™ addresses the critical need to enhance transparency within Dubai’s real estate sector by utilising cutting-edge artificial intelligence

Dubai South, located at the edge of Al Maktoum International Airport, neighbouring Jebel Ali and Expo City, Dubai South is emerging as one of the most exciting new districts in the UAE. Bringing into reality a trailblazing vision laid out by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the previously untapped potential of this key area is paving the way for a better future for residents and investors by unlocking a progressive approach to tomorrow. Driving the development of Dubai South and rejuvenating the real estate market is the $35 billion terminal at Al Maktoum International Airport. This terminal will

Amenity-rich residences have been gaining significant traction globally, and it’s no surprise that this trend is poised to make its mark in our region as well. We’ve seen first-hand how these residences offer a comprehensive living experience, catering to the demands of convenience and exclusivity sought by discerning buyers.The emphasis on ‘move-in-ready’ properties coupled with a desire for aspirational lifestyles underscores the importance of amenities in shaping the real estate landscape in 2024. But what exactly are amenity-rich residences? While it’s common for buildings to include basic amenities such as gyms or swimming pools, today, residential apartments are setting themselves apart by

The launch of Century Tower, a 23-floor residential building in Dubai’s Business Bay, has brought an overwhelming response from property investors, with 190 of the 210 available apartments selling on the first day. The project marks a milestone for Al Shafar National Contracting,one of Dubai's leading construction contractors, in conjunction with AMBS Real Estate Development,and fäm Properties, whose master agency was responsible for the strategic planning and market research. Firas Al Msaddi, CEO of fäm Properties, says the development underlines key elements that can ease concerns of off-plan buyers, and also highlights a buyers’ trend to focus on reliability, and quality contractors,which

Leading developer and operator of student living communities The Myriad has collaborated with frontier markets asset manager FIM Partners to set a new standard in safe, affordable, and vibrant community accommodation for higher education and university students. The development journey started in 2018, with the living community opening its doors to residents during the peak of Covid-19 in 2020. Despite the challenges of the pandemic, the property’s successful launch during offline learning introduced a new business model through collaborations with universities offering hybrid learning, as well as institutions providing short-term courses. In the past four years, with a constantly growing

Dubai Land Department has announced the inclusion of the 'Stake' real estate investment platform into the Real Estate Evolution Space Initiative (REES). REES is designed to position Dubai as a global leader in real estate technology and artificial intelligence. This step aims to expand property accessibility and ownership opportunities for everyone while also increasing community awareness about the importance of collective investment in the sector. As a local company launched in Dubai and expanding globally, ‘Stake’ provides a fully comprehensive digital experience. This contributes to digitising buying and selling procedures, thereby leading the global digital transformation process and democratizing real estate,

AMWAJ Development held its groundbreaking ceremony today for its inaugural residential project 'Starlight Park', a 4-building freehold community in the heart of Meydan's District 11. Starlight Park offers 172 apartments including 1-, 2- and 3-bedroom units, with expansive living and community spaces with handover anticipated for Q2 2026. The ceremony saw the esteemed presence of Emad Saleh, Founder and Chairman of AMWAJ Development; Murad Saleh, CEO of AMWAJ Development; Hassan Hijazi, CFO of AMWAJ Development, Aida El Shahabi, COO of AMWAJ Development, Zeina Khoury, Founder of Zed Capital Real Estate and official sales partner for the Starlight Park Project; Venkata Siva