News

Dubai Land Department qualified 166 young Emirati citizens through the Dubai Real Estate Brokers Programme, which was launched earlier this year and is considered one of the most important programmes of the Dubai Social Agenda 33. The recognition took place during a ceremony organized by the Dubai Land Department in collaboration with the New Economy Academy and held at Emirates Towers Boulevard, attended by Mohammad bin Abdullah Al Gergawi, Chairman of the Executive Office of His Highness Sheikh Mohammed bin Rashid Al Maktoum, His Excellency Mattar Al Tayer, Commissioner General for the Infrastructure, Urban Planning and Well-Being Pillar, and His Excellency

A groundbreaking ceremony was held on Thursday 4thJuneto mark the beginning of construction for Turkish hospitality company Rixos’ first ever standalone residential project. Developed by East and West Properties and presented by Driven Properties and Refine Development Management, Rixos Financial Center Road Dubai Residences sets a new standard for luxury living in the UAE. Rixos Financial Center Road Dubai Residences launched to huge success in January 2024, seeing over AED 1 billion sales in just one day. Located in Downtown Dubai, the tower will soar to an impressive 345 meters, with 84 stories comprising 225 exceptional residences ranging from 1 to

Peak Summit Development announces the second phase of its highly demanded The Orchard Place, a Luxury European inspired residential community in the heart of Jumeirah Village Circle, Dubai, following the complete sale of units in Tower A and B. Demand for the units was driven by the well-appointed living spaces, attention to detail and contemporary finishings, as well as the prime location of the community. Tower C will have a height of 20 floors and offers 193 units including studios, 1BHK, 2BHK, 3BHK, luxurious 2-storey penthouses & townhouses with spacious terraces and private swimming pools, with units boasting impressive ceiling height

Alphabeta Properties, a leader in innovative rental real estate developments, continues to set the bar high in the Dubai rental market by emphasizing the importance of exceptional interior and exterior designs in their developments. Despite primarily focusing on rentals and leasing, Alphabeta Properties ensures that every building meets the highest standards of modern design, contributing significantly to the city's architectural landscape. Redefining Rental Living At Alphabeta Properties, the philosophy is clear: a well-designed building is key to attracting and retaining tenants. The company's commitment to excellence is evident not only in the luxurious interiors of their apartments but also in the striking

DHG Properties, a renowned Swiss real estate developer with a legacy of over three decades of excellence, explains how the UAE’s high commercial property demand is translating to greater residential real estate success for the country. DHG cites a 45% increase in demand for industrial, retail, and office sectors through Q1 2024; according to MilošAntić, Vice Chairman of DHG Holding & Founder of DHG Properties, this surge is playing a key role in facilitating sales transactions in the country’s real estate sector. The UAE’s industrial and retail sectors grew by 34% and 41%, while the office sector demonstrated the greatest growth

Sobha Realty, a globally leading real estate developer, made a revolutionary move by unveiling industry-first holographic display to enrich the consumer experience, this display utilises mixed reality to provide customers with an immersive experience to envisage how the life at the Sobha developments would be, thus empowering them to make a more informed decision. This advanced method allows visitors to explore the nuances of Sobha Realty’s developments in an engaging and interactive manner, while presenting the company’s projects in breathtaking detail. By leveraging mixed reality, Sobha Realty now sets a new benchmark for the real estate sector, offering potential buyers a

Acube Developments announces the launch of Electra, a 38-floor residential tower in Jumeirah Village Circle (JVC), Dubai, which offers residents more than 50 amenities. Construction is set to begin in Q2 2024 and handover is anticipated in Q2 2027. Inspired by the blue-white star in the constellation of Taurus, Electra will offer 278 luxurious apartments including studio, 1-, 2-, and 3- bedroom units, all equipped with Bosch appliances and Roca sanitary ware with impeccable finishings and a beautifully crafted Italian kitchen. All units are installed with the latest smart home solutions and come fully furnished with 3 furniture design options to

A five-bedroom residence in the prestigious Villa Amalfi community on Jumeira Bay Island has broken records as the most expensive townhouse ever rented in Dubai. At AED 3.7 million a year, it is also one of the most valuable rental deals in Dubai, ever. The 5,192sq. ft townhouse was offered fully furnished to exquisite standards, complete with Christofle cutlery, Hermès furnishings and an array of striking contemporary art. Along with modern and stylish interiors, it features a private gym, a sauna, a spacious rooftop terrace with unrivalled skyline and sea views, and endless premium finishes. The gated, super exclusive Villa Amalfi offers

Azizi Developments, a leading private developer in the UAE, has signed with UAE-based National Engineering Bureau for the detailed design of eleven residential towers in its mixed-use development, Azizi Venice, located in Dubai South. The National Engineering Bureau (NEB), established in 1984 in Dubai, is an architectural and engineering consultancy known for its innovative and sustainable output. NEB offers a wide range of services, including architectural design, engineering, project management, interior design, and urban planning. Mr. Farhad Azizi, Chief Executive Officer of Azizi Developments, said: “We are thrilled to be partnering with the highly esteemed National Engineering Bureau for our Venice project.

Devmark, the UAE’s leading real estate project sales and marketing consultancy, along with ABA Group and Kempinski Group, proudly announces the official sales launch of Kempinski Marina Residences, Dubai. This prestigious project promises future residents a seamless blend of refined elegance and modern convenience in one of the city’s most coveted locations. Devmark will lead the sales and marketing for the branded residence, which garnered hundreds of expressions of interest ahead of the official launch. Within the first 48 hours of the launch day alone, sales exceeded one billion dirhams. This extraordinary initial success reflects the strong appetite for branded residences