News

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

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

In collaboration with Dubai Charity Association and various real estate developers, Dubai Land Department organised the ‘Iftar Sayim’ initiative under the theme ‘The Goodness Endures.’ This initiative supports joint efforts between the public and private sectors to promote charitable work and foster a culture of sustainable social responsibility. It also aligns with the Year of the Community 2025 objectives, reinforcing the values of generosity, giving, and solidarity. The initiative was launched following the cooperation agreement signed in February. This initiative is supported by DAMAC Properties, Danube Properties, ORO24 Developments, Ellington Properties, The First Group, and Emirates Real Estate Solutions (ERES). Through their

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

As part of its ongoing efforts to strengthen Dubai’s position as a global leader in property technology, and in line with the Dubai Real Estate Sector Strategy 2033, Dubai Land Department (DLD) launched the pilot phase of the ‘Real Estate Tokenisation Project.’ This initiative, introduced under the Real Estate Innovation Initiative ‘REES,’ establishes DLD as the first real estate registration entity in the Middle East to implement tokenisation on property title deeds. The project is being implemented in collaboration with the Dubai Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF) through SandBox Real Estate. DLD anticipates that this groundbreaking initiative

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