News

Accor, a world-leading hospitality group, is pleased to announce the signing of a groundbreaking new partnership with The Summary Executive Properties, for the world's first standalone Swissôtel branded residences. Located on Dubai Islands, Swissôtel Waterfront Residences at Dubai Islands is expected to debut in 2027, offering 105 private homes alongside a mix of apartments and a penthouse. Meeting Dubai's growing demand for stand-alone branded residences, Swissôtel Waterfront Residences at Dubai Islands will occupy a prime location in Nakheel's upcoming master planned development. Dubai Islands offers views over the Downtown Skyline and Port Rashid, located 25 minutes from Downtown Dubai. Construction will soon

Al-Futtaim Real Estate, one of the region’s only private master developers with 60-years of experience as part of Al-Futtaim Group, has announced the launch of Al Badia Living in Dubai Festival City. This premium lifestyle community marks a new chapter for the area, positioning it as a top destination for living, working, and playing. Al Badia Living offers over 340 generously sized and superbly appointed residential units, including one-to-four-bedroom apartments. With views of Al Badia golf course, Dubai Creek and Burj Khalifa, the development caters to singles, couples, and families, featuring resort-style amenities that set it apart. Residents can enjoy state-of-the-art health

Select Property, a leading UK-based property developer and investment partner, is set to launch an exclusive new residential development in the heart of Birmingham, the UK's top city for rental yields and capital growth. This launch comes against the backdrop of lower interest rates and recent UK visa reforms for GCC nationals, both of which are driving renewed activity in the UK property market. Earlier this year, the firm released the findings of a survey, which found that 73%of KSA investors have considered investing in the UK property landscape, of which, 75% were eyeing Birmingham or Manchester, and 65% viewed real

Luxury real estate developer AMIS has awarded the main construction contract for its highly anticipated AED 425 million Woodland Residences project to Dar Al Aayan Contracting. Due to overwhelming demand following the unveiling of the project in January 2024, the project was 100% sold out within one week of its launch. "We are thrilled to appoint one of the top contractors for this prestigious project," said Neeraj Mishra, Founder & CEO of AMIS Properties. "With the exceptional cash flow from our quick sell-out, we are on track with our project milestones. The Woodland Residences is a testament to the strength of

The collaboration between Sobha Realty and IIFA Weekend 2024 reflects both brands' shared commitment to artistic excellence and meticulous attention to detail on a global stage. As IIFA Weekend prepares to celebrate the pinnacle of Indian cinema, Sobha Realty showcases its dedication to exceptional craftsmanship and luxury living, while expanding its global presence and connecting with a sophisticated, discerning global audience. Renowned actors Shahid Kapoor and Aparshakti Khurana were spotted at Sobha Realty for a candid conversation with Sobha Realty management and media ahead of the much-anticipated Sobha Realty IIFA Weekend 2024. Their presence at Sobha Realty highlights the brand’s stature as a

QUBE Development, the renowned international real estate developer, known for their trailblazing building solutions, shares its insights on UAE’s real estate market, which continues to garner strong demand from investors from all over the world. The growing surge is due to various factors with the off-plan market being the major contributor and responsible for 65 percent of overall sales transactions for the month of August 2024, a 54% volume increase from what was recorded during the same period last year. According to data analytics online platform,Statista, the UAE real estate market is anticipated to reach a value of AED 2.5 trillion

Average office lease rates in Dubai's key submarkets have surged by 22.4% in the past year, according to the latest Dubai Office Market Review report for H1 by global property consultant Knight Frank. This growth is driven by rising demand and limited supply across the city's top office submarkets with Dubai Grade A office occupancy levels currently exceeding 90%. Faisal Durrani, Partner – Head of Research, MENA, commented: "Despite concerns that the pandemic would lead to a permanent shift toward remote working, demand has in fact surged, which stands in sharp contrast to many other global cities. Businesses remain laser-focussed on securing best-in-class space,

Keyper, a leading property rental & management platform, is proud to announce the launch of its innovative Rent Now Pay Later (RNPL) Marketplace, a platform designed to revolutionize the rental market in Dubai by giving tenants the option to pay their rent in 12 monthly instalments instead of upfront for the year. The marketplace curates a selection of high-quality, properties from top real estate agencies across Dubai pre-approved for RNPL, ensuring tenants have access to inventory that meet their varying rental needs. Unlike existing real estate portals, all listings will be pre-priced for 12 monthly payments, providing a seamless and

Source of Fate, a new independent luxury real estate developer has announced its launch in the United Arab Emirates with a pipeline of almost AED 10 billion in new developments. Source of Fate will provide full funding for all their pipeline of real estate developments, guaranteeing delivery, supporting its aim to build positive, sustainable and friendly communities in the UAE. The developer is part of the wider Wheel of Fate group, a conglomerate of multiple business units with operations and investments across the MENA region. Esteemed global real estate consultancy Savills, one of the world's most respected firms with more than 160

Penthouse.ae, powered by Metropolitan, a Dubai-based full-service real estate agency specializing in serving the needs of Ultra High Net Worth Individuals (UHNWIs), has closed a record-breaking AED 125 million off-plan villa deal at the exclusive Sea Mirror community located at Jumeira Bay Island. This marks the largest off-plan villa sale of the year and the biggest transaction in Metropolitan Group history.After a meticulous four-month process, Antonio Caviglia, Sales Executive – International at Penthouse.ae, successfully closed the deal with a European UHNWI. The 5-bedroom 15,000 sq. ft. villa, which is set for handover in early 2026, was purchased by a European UHNWI seeking