News

Emaar Properties PJSC (DFM: EMAAR) today held its Annual General Meeting (AGM), where the Board of Directors reviewed the company’s financial performance for 2024 and outlined its strategic direction for the future. During the AGM, shareholders approved a 100% dividend payout, amounting to AED 8.8 billion, in line with the company’s commitment to delivering value to its investors. This follows the introduction of Emaar’s updated dividend policy in December 2024. The meeting also included the approval of the auditor’s report for 2024, along with the board’s report on the company’s activities and financial position. Emaar’s financial results for 2024 reflected strong operational

As the Dubai property market boom continues, Palm Jebel Ali is emerging as one of the most exciting real estate opportunities in the world, offering global investors a chance to secure prime waterfront assets at early-stage prices. A market report from fämProperties today says the iconic Palm Jebel Ali development, making a spectacular comeback after being revived two years ago, is poised to replicate the success of its predecessor, Palm Jumeirah. In fact, it showcases Palm Jebel Ali as a more affordable and expansive alternative to its neighbour along the coast, with a combination of cheaper villa entry prices, bigger plots,and

Provident Estate is proud to announce its exclusive partnership with the highly anticipated Al Habtoor Polo Resort & Club, an extraordinary development that will redefine luxury living in Dubai. Spanning a breathtaking 6 million square feet, this one-of-a-kind equestrian-inspired community is poised to become the city’s most sought-after residential destination. Al Habtoor Polo Resort & Club is designed to offer a harmonious balance between opulent living and tranquility, with an impressive 80% of the development dedicated to lush greenery. This expansive green landscape provides residents with a serene retreat, offering the perfect escape from the bustling city life, while still remaining

As part of its commitment to enhancing global competitiveness and promoting community well-being, the Real Estate Regulatory Agency (RERA), a subsidiary of Dubai Land Department (DLD), launched the ‘Tayseer’ initiative to facilitate the payment of currently outstanding service fees. Under this initiative, unit owners can pay their outstanding service fees by offering flexible payment plans with a minimum of six months in coordination with jointly owned property (JOP)management companies. This step is expected to ease financial burdens on owners and contribute to greater financial stability within the real estate sector. This initiative aligns with the objectives of the ‘Year of the

Dubai continues to cement its status as a global hub for luxury real estate, attracting world-renowned opera singer Andrea Bocelli, who has purchased an exclusive residence within the prestigious Bugatti Residences by Binghatti. As the first Bugatti-branded development in the world, this project redefines luxury with bespoke design and unparalleled opulence. The acquisition was confirmed during a signing ceremony at the Emirates Palace Hotel in Abu Dhabi, attended by Muhammad Binghatti, Chairman of Binghatti Developers, who emphasized the significance of this deal in enhancing the UAE’s image as a global center for luxury living and investments. “We are honored to welcome the

EQT, as part of a global consortium of premier institutional investors including Neuberger Berman Private Markets, Canada Pension Plan Investment Board (“CPP Investments”), Corporación Financiera Alba, S.A. (“CF Alba”) and Dubai Holding Investments (“Dubai Holding”) (collectively the “Consortium”), today announced the successful completion of the Consortium’s acquisition of Nord Anglia Education (“Nord Anglia” or the “Company”), valuing the business at USD 14.5 billion. This transaction marks a significant milestone in Nord Anglia’s evolution as a global leader in private international education. Operating over 80 schools in 33 countries, Nord Anglia educates more than 90,000 students from ages 2 to 18.  Its

An exciting new way of living is on the horizon as R.Evolution, the visionary real estate developer with over 25 years of experience, nears the final realisation of Eywa. This exciting project, set to be completed in Q2 of 2026, will be a benchmark in reimagined modern living. An acronym for Energy, Youthfulness, Wellbeing, and Ancient knowledge, this opulent and health-focused residential masterpiece marks a new standard in holistic urban living and has been designed to elevate the lifestyles of all its residents. Located in Dubai’s prime Business Bay area, Eywa is not just a property; it’s a sanctuary that

National Central Cooling Company (DFM: Tabreed) and Dubai Holding Investments, part of Dubai Holding, have entered a concession agreement to provide district cooling services for Palm Jebel Ali in Dubai. The agreement establishes a joint venture, with Tabreed holding a 51% stake and Dubai Holding Investments 49%. This structure is designed to optimise cooling capacity, enhance information-sharing and strengthen customer protection, while ensuring sustainable cooling solutions for one of Dubai’s most transformative developments. Supported by Tabreed’s major shareholders, sovereign investor Mubadala (42%) and the French low-carbon energy and services company ENGIE (40%), the agreement was signed by Khalid Al Marzooqi – Chief

SOL Properties, a leading real estate developer in the UAE and the premier real estate development arm of the Bhatia Group, launched its latest flagship project, ‘SOL Levante’, an exquisite Gross Development Value (GDV) of AED 1 billion mixed-use development located in the thriving community of Jumeirah Village Triangle (JVT), with panoramic views of the Dubai Marina skyline& Bluewater Islands. The development will cater to the diverse needs of residents and businesses, as the demand for mixed-use projects continues to grow in Dubai. Designed to set a new standard for modern living, SOL Levante will combine innovative design, world-class amenities, and

Meraas, a member of Dubai Holding Real Estate (DHRE), has announced the launch of the final phase of The Acres, its exclusive standalone villa community. This highly anticipated release comprises a selection of elegant 3, 4, and 5-bedroom villas, alongside The Acres Estates, featuring the exquisite Amber and Ivory Collections with 5, 6, and 7-bedroom mansions. Each residence embodies a distinct architectural style while upholding the highest standards of luxury, sustainability, and refined living. The Acres villas feature a seamless blend of indoor and outdoor living spaces, centrally located kitchens with easy access to dining and lounge areas, grand master bedroom