News

Azizi Developments, a leading private real estate developer in the UAE, has announced the 94%construction completion of Azizi Azure, part of the fourth phase of Riviera, its French Mediterranean-inspired waterfront community located in the highly sought-after Mohammed Bin Rashid City, amid Dubai’s most important business, leisure, and retail hubs. Azizi Azure has now achieved a full 100% completion of its structure, blockwork, internal plastering, tiling, HVAC systems, and swimming pools. MEP works are nearly complete at 98%, while façade works and external works stand at 95% and 89% respectively. Elevator installation has reached 76%, with overall finishes now at 88%. To

Success Stories of Entrepreneurs in the UAE Rizwan Sajan started his company in the UAE with a few thousand dirhams in 1993, and today its revenues amount to AED 5.13 billion. Sajan moved to Dubai in 1993 and started working at a hardware store. That same year, he established Danube as a small trading firm. His clear vision helped the business expand which today has a vast customer base in the Gulf, Asia and Africa markets. It has also established its presence beyond the UAE, in Bahrain, Oman, Saudi Arabia, Qatar, India and China. According to Sajan, “The UAE was, and will remain

Majid Al Futtaim, a leading pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Central Asia, today announced a major milestone at its flagship forest living community, Ghaf Woods with the launch of Capria, the development's third phase. In addition, it has achieved the LEED Platinum certification for its newly opened Ghaf Woods Sales and Experience Centre. Located in the heart of Dubai, Ghaf Woods redefines urban living by blending contemporary architecture with an immersive, forest-inspired environment rooted in sustainable design principles. Capria introduces the Wellness Community and Tranquillity Collection, a premium residential enclaves designed around holistic wellbeing and mindful

Leading real estate developer Object 1 has launched ESSENL1FE, its new residential development in the strategically located Jumeirah Village Triangle (JVT) in Dubai. Conceptualised around the core principles of purposeful and wellness-oriented living, ESSENL1FE reflects Object 1's continued commitment to creating thoughtfully designed communities aligned with evolving lifestyle expectations in the dynamic emirate. ESSENL1FE introduces a unique residential concept tailored to today’s wellness-conscious buyer, integrating resort-style amenities and cutting-edge technology in a vibrant community setting. The development features two swimming pools along with a dedicated kids' pool, offering residents unmatched leisure options rarely found in Jumeirah Village Triangle. It is also

Dubai Holding, through its wholly owned subsidiary DHAM REIT Management LLC (the “Fund Manager”), today announces the successful completion of the book building and subscription process for the initial public offering (“IPO” or the “Offering”) of Dubai Residential REIT on the Dubai Financial Market (the “DFM”) and has set the final offer price at AED 1.10 per Offer Unit. This implies a market capitalisation upon listing of AED 14.3 billion (USD 3.9 billion) and a gross dividend yield of 7.7% for 2025. The Offering attracted strong demand across both institutional and UAE retail tranches, prompting the Fund Manager to increase the size of the Offering from 12.5%

Meraas, a member of Dubai Holding Real Estate, has awarded a contract worth over AED 690 million to Bhatia General Contracting Co. for phase four of the prestigious gated community, Nad Al Sheba Gardens. The latest phase of the premium development, located in one of Dubai’s most coveted locations, is slated to be handed over in Q1 2027. Strategically positioned within close proximity to Downtown Dubai, the luxurious community offers seamless access to Business Bay, Burj Khalifa, Meydan racetrack and other premium leisure and lifestyle destinations. Phase four of Nad Al Sheba Gardens features expansive four-, five- and six-bedroom villas, along

IMKAN, a leading global master developer based in Abu Dhabi, has entereda strategic partnership with Saal.ai, a national leader in Artificial Intelligence and Big Data technologies, with the aim of revolutionising the UAE's real estate sectorby integrating advanced AI and digital technologies across IMKAN's value chain. Unveiled at the "Make it in the Emirates" event held from 19-22 of May, the collaboration will deliver smarter, faster, and more sustainable living experiences by deploying cutting-edge digital solutions that empower developers to design more intelligently, streamline operations, and make faster, evidence-based decisions—all aligned with the UAE’s broader vision for technological leadership and sustainable

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, Chairman of The Executive Council of Dubai, and Chairman of the Higher Committee for Future Technology and Digital Economy, today chaired a meeting of the Committee and issued directives to launch The Dubai PropTech Hub. The move seeks to fast-track the expansion of the PropTech market in the emirate, aiming to more than double its value to surpass AED4.5 billion over the next five years. It also reinforces Dubai’s position as a global leader in real estate innovation, in line

Whitewill, the international luxury real estate agency for developers and partners operating across the UK, USA, and UAE markets, has published its latest Dubai Real Estate Market Overview, offering insights into both off-plan and secondary residential sales trends for Q1 2025. Based on transaction analysis conducted by Whitewill, the report tracked activity across apartments, villas, and townhouses from January to March 2025. It reveals that Dubai recorded over 42,000 real estate transactions with a combined value of AED 114.1 billion during the quarter, based on Whitewill's analysis, underscoring the market’s strength across both primary and resale segments. Throughout Q1 2025, the

A fresh chapter in residential living begins with the launch of ENTA, a new design-forward residential brand created by HIVE for a new generation of homeowners. ENTA is built around a simple idea: that homes should reflect the people who live in them. Designed for those seeking more than just a place to stay, ENTA offers spaces that speak to creativity, individuality, and permanence. The brand’s debut development, ENTA Mina, brings this vision to life with 119 character-rich residences located on Hayat Island in Mina, Ras Al Khaimah. The project is being delivered in partnership with RAK Properties and A.R.M. Holding