Dubai Land Department Launches The ‘Tayseer’ Initiative With JOP Management Companies To Ease The Payment Of Currently Overdue Service Fees
As part of its commitment to enhancing global competitiveness and promoting community well-being, the Real Estate Regulatory Agency (RERA), a subsidiary of Dubai Land Department (DLD), launched the ‘Tayseer’ initiative to facilitate the payment of currently outstanding service fees. Under this initiative, unit owners can pay their outstanding service fees by offering flexible payment plans with a minimum of six months in coordination with jointly owned property (JOP)management companies. This step is expected to ease financial burdens on owners and contribute to greater financial stability within the real estate sector. This initiative aligns with the objectives of the ‘Year of the
Global Opera Icon Andrea Bocelli Buys a Luxury Residence at Bugatti Residences by Binghatti in Dubai
Dubai continues to cement its status as a global hub for luxury real estate, attracting world-renowned opera singer Andrea Bocelli, who has purchased an exclusive residence within the prestigious Bugatti Residences by Binghatti. As the first Bugatti-branded development in the world, this project redefines luxury with bespoke design and unparalleled opulence. The acquisition was confirmed during a signing ceremony at the Emirates Palace Hotel in Abu Dhabi, attended by Muhammad Binghatti, Chairman of Binghatti Developers, who emphasized the significance of this deal in enhancing the UAE’s image as a global center for luxury living and investments. “We are honored to welcome the
EQT Consortium Completes Acquisition of Nord Anglia Education
EQT, as part of a global consortium of premier institutional investors including Neuberger Berman Private Markets, Canada Pension Plan Investment Board (“CPP Investments”), Corporación Financiera Alba, S.A. (“CF Alba”) and Dubai Holding Investments (“Dubai Holding”) (collectively the “Consortium”), today announced the successful completion of the Consortium’s acquisition of Nord Anglia Education (“Nord Anglia” or the “Company”), valuing the business at USD 14.5 billion. This transaction marks a significant milestone in Nord Anglia’s evolution as a global leader in private international education. Operating over 80 schools in 33 countries, Nord Anglia educates more than 90,000 students from ages 2 to 18. Its
Dubai Land Department Launches Pilot Phase of the ‘Real Estate Tokenisation Project’
As part of its ongoing efforts to strengthen Dubai’s position as a global leader in property technology, and in line with the Dubai Real Estate Sector Strategy 2033, Dubai Land Department (DLD) launched the pilot phase of the ‘Real Estate Tokenisation Project.’ This initiative, introduced under the Real Estate Innovation Initiative ‘REES,’ establishes DLD as the first real estate registration entity in the Middle East to implement tokenisation on property title deeds. The project is being implemented in collaboration with the Dubai Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF) through SandBox Real Estate. DLD anticipates that this groundbreaking initiative
R.Evolution’s Eywa Elevates Dubai’s Skyline With A Visionary Approach To Wellbeing And Community Living
An exciting new way of living is on the horizon as R.Evolution, the visionary real estate developer with over 25 years of experience, nears the final realisation of Eywa. This exciting project, set to be completed in Q2 of 2026, will be a benchmark in reimagined modern living. An acronym for Energy, Youthfulness, Wellbeing, and Ancient knowledge, this opulent and health-focused residential masterpiece marks a new standard in holistic urban living and has been designed to elevate the lifestyles of all its residents. Located in Dubai’s prime Business Bay area, Eywa is not just a property; it’s a sanctuary that
Tabreed and Dubai Holding Enter Agreement to Provide District Cooling to Palm Jebel Ali
National Central Cooling Company (DFM: Tabreed) and Dubai Holding Investments, part of Dubai Holding, have entered a concession agreement to provide district cooling services for Palm Jebel Ali in Dubai. The agreement establishes a joint venture, with Tabreed holding a 51% stake and Dubai Holding Investments 49%. This structure is designed to optimise cooling capacity, enhance information-sharing and strengthen customer protection, while ensuring sustainable cooling solutions for one of Dubai’s most transformative developments. Supported by Tabreed’s major shareholders, sovereign investor Mubadala (42%) and the French low-carbon energy and services company ENGIE (40%), the agreement was signed by Khalid Al Marzooqi – Chief
SOL Properties Launches AED 1 Billion GDV Mixed-Use Development, ‘SOL Levante,’ In JVT
SOL Properties, a leading real estate developer in the UAE and the premier real estate development arm of the Bhatia Group, launched its latest flagship project, ‘SOL Levante’, an exquisite Gross Development Value (GDV) of AED 1 billion mixed-use development located in the thriving community of Jumeirah Village Triangle (JVT), with panoramic views of the Dubai Marina skyline& Bluewater Islands. The development will cater to the diverse needs of residents and businesses, as the demand for mixed-use projects continues to grow in Dubai. Designed to set a new standard for modern living, SOL Levante will combine innovative design, world-class amenities, and
Meraas Unveils The Final Phase Of The Villas At The Acres
Meraas, a member of Dubai Holding Real Estate (DHRE), has announced the launch of the final phase of The Acres, its exclusive standalone villa community. This highly anticipated release comprises a selection of elegant 3, 4, and 5-bedroom villas, alongside The Acres Estates, featuring the exquisite Amber and Ivory Collections with 5, 6, and 7-bedroom mansions. Each residence embodies a distinct architectural style while upholding the highest standards of luxury, sustainability, and refined living. The Acres villas feature a seamless blend of indoor and outdoor living spaces, centrally located kitchens with easy access to dining and lounge areas, grand master bedroom
H.H. Sheikh Hamdan bin Mohammed witnesses the signing Dubai Land Department and Dubai Islamic to support the operation of mosques in real estate development areas
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Executive Council of Dubai, affirmed that Dubai continues its journey of construction focused on the future, while empowering its people and community with values deeply rooted in its identity. This reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, for the city’s leading role in humanitarian work. This came during the signing of a strategic agreement between the Islamic Affairs and Charitable Activities Department and the
AMIS Development Breaks Ground On AED 130 Million Woodland Terraces In Meydan, Dubai
Luxury real estate builder AMIS Development has broken ground on Woodland Terraces, an AED 130 million residential project located in District 11, Meydan. This milestone marks the beginning of construction for the modern luxury development, which is scheduled for completion in Q1 2027. A groundbreaking ceremony took place at the project site today, attended by AMIS Development’s senior leadership and partners. The event reaffirmed the developer’s commitment to redefining luxury living through innovation, premium design, and world-class amenities. Speaking at the ceremony, Neeraj Mishra, Founder and CEO of AMIS Development, stated: "Breaking ground on Woodland Terraces is a testament to our vision of delivering