News

Grovy Developers, an award-winning real estate developer in Dubai, has confirmed steady progress on its residential project, RIVO by Grovy, in Dubai Land Residential Complex (DLRC). Al Ishrak Contracting Company L.L.C. has been appointed as the main contractor for the project, scheduled to mobilise on the construction site this month. Following the groundbreaking ceremony in November 2025, construction at RIVO is progressing on schedule. The enabling works are in their final phase with piling and shoring works now near completion. With enabling works concluding on track, the project is ready to advance into the next construction phase in line with its Q4

Alta Real Estate will make its official debut at Salone del Mobile 2026 with the global unveiling of the first bespoke furniture piece. The presentation marks a significant milestone for Alta, making it the first Emirati developer to officially present at Salone del Mobile, and positioning the company among the international design houses and architectural brands shaping the global cultural conversation. The furniture piece was developed by A++ Group, with interior design led by Carlo Colombo as Creative Director, created for the Maison Margiela Residences in Dubai. The piece represents the first physical expression of a broader bespoke furniture collection developed specifically for

betterhomes says recent regional developments are impacting sentiment rather than fundamentals in the UAE property market, with activity slowing but underlying demand remaining intact. Speaking during a market update webinar hosted last week, betterhomes' leadership team, including its CEO, Head of Off-Plan and Capital markets, and Head of Leasing, said recent geopolitical events should be understood as a short-term pause in decision-making rather than a structural shift in the market. The disruption has slowed decision-making, but not derailed the UAE property market, with off-plan continuing to drive activity, leasing demand beginning to stabilise, and buyers becoming more selective. While transaction volumes softened in

Mira Developments has unveiled Richmond District, a new branded residential development in Al Furjan and the area’s first fully integrated master plan, created in collaboration with John Richmond. Located next to Discovery Gardens Metro Station, Richmond District brings together five residential towers, one office tower, and a shared podium designed around water, wellness and everyday convenience. The project was officially introduced on April 2 during a large-scale Grand Unveiling event, attended by over 4,000 guests. The main celebration took place at Baoli Dubai, with a simultaneous live broadcast hosted at African Queen, connecting audiences across both venues. Among the notable attendees

At a time when the US–Israel–Iran conflict is reshaping geopolitical and economic realities, businesses across the region are being tested on their ability to adapt and endure. Against this backdrop, Danube Group’s Founder and Chairman Rizwan Sajan is setting a strong example of leadership by standing firmly by its workforce. On Tuesday, Sajan took to Instagram to announce that the company will not lay off any employees. “I’ve faced many challenging situations in the past - from the Iraqi invasion of Kuwait to the 2008 financial crisis and the COVID-19 pandemic. Despite these, we have always bounced back stronger, and I’m

DAMAC Properties, the UAE’s and the Middle East’s largest private real estate developer, has capped off a strong Q1 performance, emerging as the market leader in March 2026. Having achieved AED 3.12 billion in sales across 1,106 transactions, DAMAC is top ranked by transaction volume, significantly ahead of competitors. The performance reinforces DAMAC’s dominant market position, with a total of 3,663 units sold in Q1 2026, consolidating its role as a key driver of Dubai’s real estate momentum. Amira Sajwani, Managing Director of DAMAC Properties, said: “Despite political tensions across the region, the fundamentals of Dubai’s real estate market remain exceptionally strong.

Investors have secured four ultra-prime waterfront mansions and more than half of the luxury apartments at The Ritz-Carlton Residences at Keturah Resort, the Middle East’s first fully wellness-certified resort in Dubai. Located on the shores of Dubai Creek and adjacent to the Ras Al Khor Wildlife Sanctuary, the Resort continues to advance steadily, with construction activity continuing as planned in recent weeks, luxury developer Keturah said in a project update today. The gated community comprises 12 Creek-side mansions of 42,000 sq ft, eight residential buildings with 193 apartments - 110 now sold - a five-star Ritz-Carlton boutique hotel, a standalone wellness centre,

Amwaj Development has officially unveiled KAIA – Shaped by Nature, Defined by Calm, a contemporary beachfront residential community on Dubai Islands – Island A, introducing a new chapter of tranquil coastal living within one of Dubai's most anticipated waterfront destinations. KAIA has been designed as a lifestyle first, mid-rise development created for residents who truly value space, wellbeing and modern functionality. Set across two sculpted buildings and home to 128 residences, the project combines soft architectural lines, generous layouts and a calm design language that reflects its shoreline setting. With Dubai International Airport and Dubai Healthcare City only 15 minutes away, and Downtown

Azizi Developments, a leading private developer in the UAE, has reached a significant milestone at Azizi Venice, its transformative mixed-use community in the rapidly growing Dubai South, set entirely on a swimmable crystal blue body of water, following the successful completion of a major structural phase delivered in partnership with global formwork and scaffoldingsupplier, Doka. Situated adjacent to Al Maktoum International Airport, Azizi Venice is set to reshape southern Dubai with 30,000 residential units, an expansive crystal lagoon, a high-end retail boulevard, and an AED 2.5 billion opera house. The project’s mid-rise towers, ranging from 10 to 22 stories, required a

The Dubai real estate market recorded 47,996 sales transactions worth AED176.7 billion in Q1 2026, a 5.5% year-on-year increase in volume and a 23.4% rise in value, as the property sector showed strong resilience in March. A market report issued by fäm Properties today reveals that the off-plan segment dominated in Q1, accounting for 70% of sales transaction volume and 71% of total value, reflecting Dubai’s ongoing pipeline of new launches from major developers. Data from DXB interact showed that the off-plan market remained strong in March, with 10,303 sales transactions amounting to AED31.2 billion, representing YoY increases of 5.4% in volume