News

Unique Properties, a dominant force in Dubai’s ultra-luxury real estate market, has successfully closed yet another record-breaking transaction - a landmark AED 182 million (approximately $50 million) residential land sale on Jumeirah Bay Island. This achievement highlights Unique Properties’ unwavering expertise and proven track record in securing premium assets for high-net-worth clients. The prime land plot, spanning 25,441 square feet, was sold at AED 7,154 per square foot, with the deal expertly facilitated by Vanessa Sevsky, adding to Unique Properties’ extensive portfolio of high-profile transactions. The buyer, an ultra-high-net-worth individual, plans to build a custom home on the prestigious island. This sale

Dubai's real estate market has continued its buoyant start to 2025, recording total sales worth AED 142.7 billion in Q1,the second highest quarterly figure on record. This represented a 30.3% year-on-year leap in value, while the 45,485 overall sales transactions also meant a 22.8% year-on-year increase. A market update issued today by fäm Properties revealed that the Q1 results were only fractionally down on the all-time quarterly sales record of AED 147.2 billion from 50,218 transactions in Q4 2024. The first quarter of 2025 saw significant year-on-year increases in all real estate sectors, led by a 193.8% jump in plot sales worth AED35.5

Dubai Land Department (DLD) is set to welcome distinguished international delegations, including investors, developers, industry experts, and key real estate leaders, at the 21st edition of IPS Dubai 2025. This prestigious event reaffirms Dubai’s position as a leading global destination for real estate investment and innovation, offering an international platform for networking, investment opportunities, and strategic industry collaboration. Dubai’s Real Estate Market: A Hub for Global Investment Dubai’s real estate sector continues to experience sustained growth, driven by strong investor confidence, stable pricing in prime locations, and progressive government initiatives, such as the Golden Residency Programme, the Dubai 2040 Urban Plan, and the

Serenity, a blockchain technology company specializing in secure digital finance solutions, has signed a partnership with MTA Real Estate to develop a secure, blockchain-powered real estate investment portal targeting global crypto holders. The move follows the Dubai Land Department’s approval of a pilot program for tokenized property transactions, positioning the initiative within the city’s broader strategy to attract regulated digital asset flows. The initiative arrives amid growing momentum for real estate tokenization in the UAE. With growing institutional interest and clear regulatory support for blockchain-based asset infrastructure, the Dubai Land Department expects the market value for tokenized real estate to exceed $16 billion by

AVENEW Development has announced a strategic partnership with Al Tamayoz Contracting Co. LLC to develop Rena, an exclusive beachfront residential project on Dubai Islands. This collaboration marks a major milestone for AVENEW Development as it embarks on its vision of redefining modern living through innovative, design-forward communities. Perched along the waterfront, Rena will offer breathtaking sea views, private beach access, and a tranquil coastal lifestyle. The project features elegantly designed apartments, Dubai’s first sea-level townhouses, and a luxurious penthouse, all crafted to maximize natural light and ocean vistas. The architecture seamlessly blends with the surrounding landscape, ensuring a modern yet harmonious

REEF Luxury Development has opened its innovative new sales gallery in prestigious Dubai's Jumeirah Third neighbourhood, offering a glimpse into the future of luxury living. This state-of-the-art space highlights the company's patented Sunken Balcony with Outdoor Cooling and Winter Garden, revolutionary features that redefine outdoor comfort by harmonising advanced technology with modern luxury. The patented Sunken Balcony is a global first and allows residents to enjoy outdoor spaces in comfort year-round, irrespective of weather conditions. This innovation exemplifies REEF's vision for elevating lifestyles through cutting-edge residential solutions. Alongside this, the Winter Garden merges indoor and outdoor living, offering an integrated experience of comfort

Dubai’s reputation as a magnet for luxury living and exclusivity continues to soar as international football star Aymeric Laporte becomes the latest global icon to acquire a luxury penthouse in the iconic Bugatti Residences by Binghatti. Laporte is the third international celebrity to own a penthouse in Bugatti Residences by Binghatti, following legendary global opera singer Andrea Bocelli and the world famous football star Neymar Jr.. Laporte, a professional footballer who plays as a centre-back for Saudi Pro League club Al-Nassr and the Spain national team, is celebrated for his exceptional defensive skills, leadership, and composure on the field. Bugatti Residences by

Kamdar Developments has announced the opening of a new head office in Dubai as part of its corporate expansion. The new office features practical workspaces, a state-of-the-art experience centre to introduce guests and partners to the heritage and vision of the company, and a sales suite for its current and upcoming real estate development projects. The longstanding developer recently launched 105 Residences by Kamdar in Jumeirah Village Circle (JVC) and has earmarked a significant land acquisition plan to acquire multiple residential, commercial and mixed-use plots over the next three years. The company also recently broke ground on a new luxury residential project

With the UAE's real estate sector experiencing historic levels of activity and competition, broker collaboration has never been more crucial. At the heart of this shift is Broker Connect, a feature first launched by Skyloov in July 2024, which has rapidly reshaped how agents communicate, negotiate, and close deals across the market. In a landscape where speed and agility often determine success, Broker Connect provides brokers with an instant, app-based messaging tool that allows them to coordinate directly with other agents, align on listings, and respond to client needs in real time, all from within the Skyloov platform. The tool was the

Prescott Real Estate Development announced its contribution of six residential units within its development projects in support of the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The campaign honours fathers in the UAE by establishing a sustainable endowment fund to provide treatment and healthcare for the less fortunate. Operating under the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), the campaign reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum for promoting sustainable humanitarian and charitable work that utilises community participation and innovative programmes. It aims