News

Azizi Developments, a leading private developer in the UAE, has received the ‘Iconic Design of the Year’ award for Burj Azizi, the world’s second-tallest tower, at the UAE Realty Awards 2025 hosted by Finance World Magazine. This accolade underscores not only the project’s impressive magnitude, but also its extraordinary, iconic design. The ceremony, held on the 25th of April 2025 at the Moorea Ballroom, Sofitel Dubai The Palm, celebrated the nation’s most innovative real estate achievements. Burj Azizi was recognized for its distinctive design language, daring form, and transformative impact on the emirate’s skyline. Commenting on the win, Mr. Farhad Azizi, Group

Dubai Land Department (DLD) signed a memorandum of collaboration with the Awqaf and Minors Affairs Foundation (Awqaf Dubai). The aim is to develop the properties within the foundation's real estate portfolio and enhance their competitiveness in the emirate's real estate market. This will be achieved through the Department's Building Classification Project, strengthening cooperation across various areas of mutual interest. The memorandum was signed at the DLD's headquarters by Mr. Majid Al Marri, CEO of the Real Estate Registration Sector at the Dubai Land Department, His Excellency Khalid Al Thani, Deputy Secretary General, several division managers from AWQAF Dubai, and several CEOs

Hayaat Developments, an innovative and trusted bespoke luxury developer and the real estate arm of the Hayaat Group - a UAE-based principal investment firm, has officially launched Isolana Residences, its new flagship residential tower project on Dubai Islands, built at a value of AED 135 million,adding yet another major milestone to the group’s international multi-billion AED development portfolio. Isolana Residences is a bespoke project occupying one of the most coveted, prominent corner plots within the entire Dubai Islands community, with a total gross floor area of approximately 100,000 square feet. The 71 units comprise a mix of 39 one-, 22 two-

Jumeirah, a global leader in luxury hospitality and a member of Dubai Holding, has announced the development of three new addresses in Dubai. In line with Jumeirah’s Mission 2030 strategy and its focus on growth and diversification, the upcoming additions will include a hotel and two residences. Jumeirah Asora Bay, hotel and residences, will articulate the evolution of the Jumeirah brand with an elevated design vision and a highly curated experience that is both distinctive and purposeful. Combining architectural innovation with an unparalleled coastal setting, the exclusive development will sit discreetly on the peninsula of La Mer South in Dubai. The hotel,

His Highness Sheikh Rashid bin Saud bin Rashid Al Mualla, Crown Prince of Umm Al Quwain and Chairman of the Executive Council of Umm Al Quwain highlighted the vital role of similar investments in driving economic growth by unlocking business potential. His Highness Sheikh Rashid bin Saud bin Rashid Al Mualla, Crown Prince of Umm Al Quwain and Chairman of the Executive Council of Umm Al Quwain launched Downtown UAQ, during a special ceremony held at UAQ Chamber of Commerce & Industry. the launch of Downtown UAQ represents a defining moment for the emirate’s evolving urban landscape, by offering an iconic masterplan

Marking a momentous milestone in its legacy of community service and spiritual development, Danube Group has officially inaugurated a landmark mosque at National Industries Park (NIP) – the first and only mosque in the area. This new religious and communal space reaffirms Danube’s unwavering commitment to supporting infrastructure that nurtures unity, faith, and social harmony. Spanning a total area of approximately 7,000 square meters, the newly inaugurated mosque has been meticulously designed to accommodate over 2,000 worshippers, including indoors and in the outdoor prayer area. It also features designated parking for over 50 vehicles, ensuring accessibility and convenience for the community

Dubai Sports City has recorded AED 4.7 billion in real estate transactions over the past 12 months, reaffirming its position as one of Dubai’s rising residential communities. The transaction data highlights a strong resurgence in buyer confidence, driven by a combination of strategic location, infrastructure growth, and long-term investment potential. In April 2025 alone, the community registered over AED 30 million in off-plan sales, highlighting the current interest from both investors and end users. With new residential developments underway, and average gross rental yields reaching 8.2% in Q1 2025, Dubai Sports City is increasingly viewed as a compelling alternative to more

Dubai Holding Asset Management — owner and operator of one of Dubai’s most extensive retail portfolios featuring 10 malls, 15 lifestyle destinations, and 18 retail centres — has officially announced the opening of Nad Al Sheba Mall, introducing a vibrant new lifestyle hub in the heart of Nad Al Sheba. Designed as a mixed-use lifestyle destination, the 500,000 sq. ft mall is set to house a selection of over 100 stores spanning fitness, retail, entertainment, F&B, healthcare, and supermarkets. Among the first major brands to open are Home Bakery, Joud Coffee, PDL Café, Parka, Homer Lobster, % Arabica, Fun City, Spinneys,

Engel &Völkers Middle East, a leader in premium residential and commercial real estate services, has released its Q1 2025 market reports, confirming another standout quarter for Dubai’s real estate sector. Residential property sales increased by 22.4% year-on-year, with a 29.6% increase in the total value sold, driven by strong investor sentiment, rising population figures, and a steady flow of global capital into the emirate. Commercial real estate sales increased by18.2% YO, with a 29.5% increase in the total value of transactions. Despite the usual seasonal dip from Q4, Dubai’s residential market delivered broad-based growth. Off-plan sales were up 23.9% and secondary

Elemental Developments, the new venture from Hazza Zaal, CEO of Al Barari, announces the limited public release of Elemental 22 — a visionary residential concept that brings the essence of meaningful living to the heart of the city. In a city known for fast-paced transactions, Elemental 22 takes a more thoughtful path — one that values intention over impulse. Here, prospective residents apply to live, ensuring every home is part of a values-driven community grounded in connection, wellness, and elevated living. Every applicant is thoughtfully reviewed — not just for ownership, but for alignment with a lifestyle centered on intention, nature, and