Emaar’s H1 2025 Property Sales Increased 46% To Reach ~AED 46billion (US$ 12.5 billion); Backlog Increased By 62% To AED 146.3billion (US$ 39.8 billion)
Emaar Properties PJSC (DFM: EMAAR) has once again delivered a robust quarterly performance. Building on the solid foundation set in Q1 2025, the company reported sustained growth across all core business segments in the second quarter. The continued strength in property sales, a growing revenue backlog, and improved profitability reflect Emaar’s focused strategy, strong brand equity, and the enduring demand for its master-planned communities and lifestyle offerings. Key Highlights of the H12025 Results: Sales Growth:Emaar reported property sales of ~AED 46billion (US$ 12.5 billion) in H1 2025, representing an increase of 46% compared to H12024 and surpassing previous sales records. This
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Introducing Mileo The Palm, Hotel And Residences: A Distinct Era Of Refined Living In Dubai
Opening this September, Mileo The Palm, Hotel and Residences marks the arrival of a new kind of luxury in Dubai's iconic Palm West Beach. Following the success of its flagship property in Mykonos, Mileo brings its signature serenity and sophistication that feels both deeply personal and effortlessly refined. More than a place to stay, Mileo is a sanctuary of refined living with elegant design, curated hospitality, and quiet rituals of care come together to create an enticing luxury experience. Every feature has been crafted to feel both personal and elevated. Interiors soothe. Service anticipates. The atmosphere is one of calm intention. "Mileo The Palm is not simply a place to stay; it's a story waiting to unfold, one where every moment is considered, everyspace is intentional, and every guest feels like they belong. From the textures in the room to the warmth of our service,we've created a world that lingers in memory long after the stay," said Hossam Nabil, General Manager of Mileo ThePalm, Hotel & Residences Dubai. "Our vision was never just about luxury, it was about creating a rhythm of experience, where thoughtful design and genuine hospitality come together to offer something quietly unforgettable," Hossam added. Home to 176 rooms and suites, Mileo The Palm, Hotel and Residences offers a variety of
ServeU, A Subsidiary Of Union Properties, Acquires House Keeping (LLC) At AED 100 Million Deal To Expand Market Reach
Union Properties PJSC (“Union Properties” or “the Company”) (DFM: UPP), through its subsidiary ServeU, a leading facilities management (FM) solutions provider in the UAE, has announced the strategic acquisition of House Keeping (LLC) and House Keeping Domestic Workers (LLC), including their subsidiary, in a deal valued at AED 100 million. This move reinforces ServeU’s robust market position as one of the UAE’s most trusted FM service providers in the country. With a workforce of more than 8900 employees, the company manages a broad portfolio spanning residential communities, commercial complexes, government entities and hospitality facilities. The Company remains committed to advancing operational
Dubai’s Real Estate Market Achieves AED 63.6 bn In Sales In July, Fuelled By Off-Plan Surge And Bolstered By Corporate Tax Deductions On Investment Properties
Property Finder, the leading property portal in the MENA region, has released its July 2025 market performance highlights, underscoring continued momentum in Dubai’s real estate sector. July saw an impressive AED 63.6 billion in sales transactions, representing a 27% year-on-year increase in value and 24% rise in transaction volume, fuelled by a surge in both off-plan and secondary market activity. Amid this growth, recent policy shifts added further momentum. The UAE Ministry of Finance’s July 2025 announcement allows corporate tax deductions on investment properties held at fair value, in alignment with international accounting practices. This move has far-reaching implications for investors,
Dubai’s Residential Real Estate Market Continues Upward Trajectory, Property Monitor Reports
Dubai’s residential property market delivered a robust performance in the first half of 2025, maintaining the strong momentum seen in 2024. According to the latest H1 2025 Residential Market Report from Property Monitor, part of the Leading Homegrown Unicorn, Dubizzle Group, prices and transaction activity remained elevated across the board, with continued demand in both the off-plan and resale segments. The Property Monitor Dynamic Price Index (DPI) recorded an 8.43% increase in property prices between January and June, with the average price reaching AED 1,609 per sq ft, up from AED 1,484 at the start of the year. On a year-over-year
Dubai Project Wins International Architecture Gold At 2025 MUSE Design Awards
Nautis Residences, a premium residential development by STAMN, has been awarded Gold for Architectural Design at the 2025 Muse Design Awards. The international recognition for the project, which occupies a prime location on Dubai Islands, was judged based on design excellence, human-centric philosophy and commitment to sustainability. The stand-out project was recognized from more than 12,000 global entries. Designed by Horizon Architects, STAMN Nautis Residences integrates wellness as a core philosophy across its architecture and amenities. Inspired by natural forms like ocean waves and desert dunes, its signature wave-shaped balconies offer not only visual impact but also enhanced shading, privacy, and
Azizi Developments Launches Azizi Abraham In Jebel Ali Free Zone
Azizi Developments, a leading private developer in the UAE, has announced the launch of Azizi Abraham, a vibrant new residential developmentlocated within the Jebel Ali Free Zone (JAFZA)—the UAE’s flagship integrated business hub. As one of the few freehold residential properties in JAFZA, the project offers investors the chance to own their home in the heart of one of the world’s largest free zones and the region’s biggest port, with seamless access to key destinations in the city. Set against the Shiekh Zayed Road backdrop with immediate metro connectivity, Azizi Abraham offers excellent accessibility to key commercial and leisure destinations, including
Savills And Range Developments Conclude AED 62.5mln Sale Of Silk Leaf Villa In Al Barari
Savills Middle East, in collaboration with Range Developments, has successfully concluded the sale of a renovated residence in Al Barari for AED 62,500,000. The transaction was led by Andrew Cummings, Head of Residential Sales, and Christopher Timoney, Associate Director at Savills, further reinforcing Savills' track record in Dubai’s prime residential sector. The villa stands as one of the most distinguished residences within the exclusive Silk Leaf enclave, offering over 21,450 square feet of built-up area on a 16,500-square-foot plot. Sold fully furnished, the eight-bedroom home spans four levels and features a rooftop terrace, landscaped garden, basement leisure area, private swimming pool, and views
SmartCrowd Launches Luxury Downtown Penthouse Flip
SmartCrowd, MENA's first regulated real estate crowdfunding platform, has unveiled its latest Flip opportunity: a rare, sky-high 3-bedroom penthouse in the heart of Downtown Dubai. This new launch comes as SmartCrowd continues to open up access to premium fractional real estate, having executed the highest number of Flip projects on a crowdfunding platform to date. Interest in SmartCrowd's Flip product is rapidly growing, with an earlier Dubai Hills Estate Flip project funding in record time, raising nearly AED 5M in under 48 hours of launching on the platform. The Flip model allows users to co-invest in premium properties with strong value-add potential,