News

Azizi Developments, a leading private developer in the UAE, has announced its partnership with UK-based engineering firm Arup for the spatial planning of Azizi’s Opera, the crown jewel of its approximately AED 30 billion mixed-use development, Azizi Venice, located in Dubai South. Founded in 1946 in London, Arup specializes in a wide range of disciplines, including structural and civil engineering, environmental advisory, and lighting design. With a dedication to excellence and collaboration, Arup has played a pivotal role in shaping some of the most iconic construction projects worldwide, executing holistic solutions that responsibly prioritize efficiency and functionality. Mr. Farhad Azizi, Chief Executive

SweetcHome, a personalized property matchmaking platform in the UAE, today announced its official launch in Dubai. The new prop tech company aims to simplify the real estate search through its first-of-its-kind, tailored home-hunting services and AI matchmaking technology. For the first time in the UAE, tenants who are unhappy with their current home or location will be able to seamlessly switch homes with other tenants through the SweetcHome platform. Landlords and agents can also promote their properties on the platform, where the matchmaking system ensures visits from qualified customers. Unlike most other property portals, SweetcHome is not a listing platform but a

Leading real estate developer, investor, and manager, Aldar Properties (‘Aldar’) has today unveiled Athlon, a first-of-its-kind ‘active living’ concept in Dubai. Meticulously designed with principles of active living throughout, Athlon is Dubai’s first and only concept designed for the everyday movement of its residents. Featuring world-class amenities, as well as a dynamic programme of activities exclusively curated by wellness experts, the development redefines fitness-focused living, with the goal of ensuring long- term wellbeing and a profound sense of community for all residents. Developed in partnership with Dubai Holding, a diversified global investment company with investments in 31 countries, Athlon represents the joint

Dubai’s real estate market has seen exponential growth over the first quarter of 2024, driven by the increase in expatriate population, real estate investor policy changes to the Golden Visa, and a strong performance in non-oil sectors. Global real estate services providerSavillsreleased the Dubai Residential Market - Q1 2024 report, which revealed a record-breaking first quarter in 2024. Andrew Cummings, Head of Residential Agency at Savills Middle East, said, “Dubai’s residential real estate market has continued an upward trajectory fuelled by factors such as population growth, economic resilience, business confidence, and a thriving tourism and hospitality sector.” Off-plan sales witness a surge Off-plan

Amali Properties, a boutique ultra-luxury property development firm in the UAE, has unveiled its first master-planned community, Amali Island, a collection of exclusive villas on The World Islands. Nestled along the pristine shores of the Arabian Gulf, the 24 ultra-luxurious beachfront villas represent the epitome of bespoke opulence, offering residents a blend of sophistication, personalisation, and breathtaking natural beauty. Amali Island offers seven distinct architectural styles, allowing residents to craft their ideal beachfront home with unobstructed vistas of the sea, sky, and Palm Jumeirah. Spanning a total area of 1,200,000 sq ft. it links two of The World Islands (Uruguay & São

One Za’abeel, the iconic mixed-use development developed by ICD (Investment Corporation of Dubai), is pleased to announce the launch of The Offices, its ultra-luxurious dual licensed corporate office spaces in One Za’abeel Tower. The Grade-A offices are set to become Dubai’s ultimate business address, attracting global and local organisations alike with its unique dual licensing for both Dubai World Trade Centre Free Zone (DWTC FZ) registered companies and those registered under the mainland. One Za’abeel is comprised of two skyscrapers, One Za’abeel Tower and One Za’abeel The Residences, which are dissected by The Link, a 230m cantilevered building suspended 100 meters

Tenants are increasingly requesting landlords to pay rent via online bank transfers rather than cheques. This facility is also offered by property owners to some of those new Dubai residents who have not yet obtained their checkbook. This means that online payments are increasingly replacing cheque payments, especially if the mutual trust between the two parties has grown over the period. “Landlords are increasingly seeking higher prices. Tenants commonly request to pay via bank transfer rather than cheques, which appears logical once a relationship is established and there's trust without the need for physical cheques. In some cases, parties negotiate the number of

Axiom Prime Real Estate Development announced the launch of Milestone Residences, a luxury development in Jumeirah Village Triangle merging urban elegance with the charm of natural scenery. The project features 51 residences across one- and two-bedroom units, two-bedroom apartments with maids’ rooms, and two retail outlets. Milestone Residences presents an unparalleled living experience, luxurious living, and a blending of urban sophistication with the tranquillity of natural surroundings. It also promises high ROI given its stunning views of the community park, strategic location with easy entry and exit, and convenient access within the community and destinations beyond. Amenities at Milestone Residences include a

As part of implementing the Dubai Real Estate Brokers Programme, a pivotal initiative under Dubai’s Social Agenda 33, Dubai Land Department has received over 1,000 registrations from Emirati citizens since mid-March. The programme has already formed 25 strategic alliances with development and real estate brokerage companies in the private sector. His Excellency Engineer Marwan bin Ghalita, Acting Director General of Dubai Land Department, expressed his satisfaction with the programme’s significant interest among citizens, developers and real estate brokers: “This reflects the early positive impact of the programme, showcasing citizens’ aspirations and eagerness to engage as real estate brokers and acknowledging the pivotal

LEOS Developments, the world-class international property developer, proudly unveils the launch of Weybridge Gardens 2, Provence Edition. With a project value of AED 188 million and building on the triumphant success of Weybridge Gardens in October 2023, this new residential development aims to establish a paradigm shift in modern living in Dubailand. Completion is slated for the end of 2026. Weybridge Gardens 2 draws inspiration from the timeless allure of Provence, a cherished region in southeastern France, renowned for its lavender fields and rich heritage. Seamlessly blending contemporary architecture with chic French interior design, this iconic development exudes the signature glamour