News

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Central Asia, today announced the unveiling of Maravelle at Ghaf Woods, an ultra-premium wellness-led destination anchored by a world-class lifestyle and wellness facility, set within Dubai’s first forest community. The master plan of Ghaf Woods serves as a foundation for Maravelle to create a new standard of sophisticated forest residential experience which combines natural elements with sustainable design and complete health benefits. Located in the inner circle of Ghaf Woods, Maravelle has been conceived as a lifestyle retreat first, and a residential enclave second.

Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Central, its contemporary residential development in Al Furjan, is now 70% complete, with its handover scheduled for Q1 2026. Work on site is progressing swiftly, with the structure, blockwork, and internal plastering now fully complete. Tiling has reached 30%, while HVAC and MEP installations are advancing at 92% and 79%, respectively. Elevator installation is currently at 95%, and overall finishes are now at 48%. A total of 318 workers have been deployed on-site to accelerate development. Mr. Farhad Azizi, Group CEO of the Azizi group of

Vision Developments, one of Dubai’s fastest-growing private real estate developers, has once again captured the market’s attention with a remarkable achievement: the complete sell-out of its latest project, “VERDE By Vision,” within just 10 hours of launch comprising of 16 floors and over AED 300 million in sales value. This milestone highlights the company’s strong market reputation for delivering projects that blend value, trust, and investor confidence. “Selling out Verde By Vision in just 10 hours was a defining moment for our company. It reaffirmed our vision and deep understanding of what the market truly values,” said Masoud Al Zarooni, Co-Founder & CEO of

Banyan Group, Thailand’s pioneering luxury hospitality and residential real estate developer known for its exclusive Banyan Tree Resorts will host its first ever Laguna Phuket Property Showcase in Dubai on November 7-8 at Banyan Tree Dubai, Bluewaters. The exclusive event marks the debut of Banyan Group’s Phuket property portfolio in the Middle East - and will present a wide variety of investment opportunities from its US$1 billion pipeline of luxury residential properties which are set to be rolled out over the next three years. “We are delighted to bring the beauty and investment appeal of Phuket directly to our GCC clients,” says Stuart

Dubai's commercial property sector continued its strong momentum in Q3 2025, with total sales reaching an impressive AED 30.38 billion, a 31% increase compared to the same period last year, according to CRC Property's recently published Q3 2025 Market Report. Office Market Leads the Growth The city's office market, in particular, emerged as a key growth driver, demonstrating both robust transaction volumes and rising values across multiple districts. Total office sales in Q3 hit AED 3.1 billion across 1,153 units, reflecting an 18% increase from the previous quarter and a remarkable 93% year-on-year growth. Volume growth was equally notable, with the number of transactions

Amirah Developments, an emerging property developer in Dubai, has announced that nearly 80 percent of the units at Bonds Avenue Residences - its inaugural project - has been sold out within few months of launch. Located on Dubai Islands, one of Dubai’s highly-anticipated real estate hotspots, Bonds Avenue Residences is a luxury development that makes quality living affordable and accessible. Boasting sweeping views of the Arabian Gulf and a comprehensive array of amenities that support modern lifestyle, Bonds Avenue Residences is redefining the taste of homeowners with its curated collection of homes which range from one-, two-, and three-bedroom apartments to

Azizi Developments, a leading private developer in the UAE, has announced that Beachfront I in Azizi Riviera, its French Mediterranean-inspired waterfront community in Meydan, MBR City, has now reached 81% completion. Beachfront I’s structures and blockwork are fully complete, with internal plastering now at 98%. Tiling works have reached 80%, while HVAC and MEP installations stand at 90% and 81% respectively. Façade works are at 59%, elevator works at 58%, and overall finishes have progressed to 68%. External and swimming pool works are in the earlier stages of 31% and 21%. Supported by a workforce of 3,700, construction remains firmly on

A milestone that brings India's leading luxury developer to the UAE. Founded in 2002 with a vision to introduce a global lifestyle to Pune, Panchshil has delivered approximately 35 million sq. ft. of prime developments and is currently shaping another 43 million sq. ft. across office parks, high-end residential communities, luxury hotels, retail, and data centres. Its portfolio features city-defining landmarks such as EON Free Zone, the International Convention Centre, and World Trade Center Pune, alongside acclaimed residential addresses including yoopune by Philippe Starck, Trump Towers Pune, and Panchshil Towers. In hospitality, the developer's work includes The Ritz-Carlton Pune, JW Marriott

Knight Frank has advised on the sale of the 230 key Revier Hotel in Business Bay, acting on behalf of Fortimo Group, a Swiss developer. The hotel has been acquired by a European investor. Having opened in 2021, the hotel combines contemporary Swiss design with a lifestyle setting and operates under the Swiss-born Revier brand, in a well connected Business Bay location, near Downtown Dubai. The hotel will be repositioned and rebranded under the Barceló Hotel Group, marking another step in the Spanish group's regional expansion strategy and reinforcing Dubai's position as one of the most active hotel investment markets in the

Idealist Real Estate, the Dubai-based luxury property company, has entered a strategic partnership with Citi Developers to integrate institutional-grade crypto payment technology into real estate transactions, through Xerime DMCC, reinforcing Dubai’s positioning as the most advanced regulated jurisdiction for virtual assets globally. Xerime DMCC’s approach to real estate and digital assets is built on proprietary trading, where the company uses only its own capital. This eliminates the need for client custody or third-party intermediaries, ensuring every transaction remains fully transparent and straightforward. This marks the first real estate–crypto collaboration unveiled at Blockchain Life Forum which is aligned with the UAE’s national digital