IMTIAZ Announces Khabib Nurmagomedov As Brand Ambassador At The Launch Of Beach Walk 4 In Dubai Islands
Dubai-based prime luxury developer Imtiaz Developments marked a major milestone with the official announcement of global sports icon and former UFC champion Khabib Nurmagomedov as its brand ambassador. The announcement was made during the grand launch of Beach Walk 4 Residence, the latest addition to the Beach Walk series by Imtiaz — a collection of ultra-luxury developments on Dubai Islands valued at AED 2.5 billion Dhs. During a special press conference attended by members of the media and key industry figures, Imtiaz Developments CEO Mr. Masih Imtiaz and Mr. Khabib Nurmagomedov formalised the brand ambassadorship with an official signing ceremony. “Today is a special day
Dubai Holding Announces Intention to Float Dubai Residential REIT on the Dubai Financial Market
Dubai Holding, through its wholly owned subsidiary DHAM REIT Management LLC (the “Fund Manager”), today announces its intention to launch an initial public offering (“IPO” or the “Offering”) for Dubai Residential REIT, a Shariah-compliant income-generating closed-ended real estate investment fund under establishment and one of the largest owners and operators of residential real estate in Dubai (the “REIT”), to list its units for trading (the “Units”) on the Dubai Financial Market (“DFM”). Dubai Residential REIT’s portfolio shall be managed by the Fund Manager pursuant to a fund management agreement between Dubai Residential REIT and the Fund Manager, leveraging its expertise to ensure optimised asset performance
Azizi Developments’ Riviera Beachfront I Reaches 58% Construction Milestone
Azizi Developments, a leading private developer in the UAE, has announced that Beachfront I in Riviera, its French Mediterranean-inspired waterfront community in MBR City, has reached 58% completion. Beachfront I’s structural build is now 99% complete, with blockwork at 95% and internal plastering at 87%. HVAC and MEP installations are also advancing steadily, currently at 71% and 54%respectively. Overall finishes are at 27%, with a dedicated workforce of 2,200 professionals drivingthe project’s rapid advancement. Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: “Beachfront in Riviera is rapidly coming to life, with it being a testament to our commitment
Azizi Developments’ Azizi Central Reaches 35% Construction Milestone
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 35% complete, with the handover scheduled for Q4 2025. Work on-site continues to move swiftly, with structural elements and blockwork now at 99% and 64% respectively. Internal plastering stands at 40%, while HVAC and MEP installations are at 24% and 36%. Overall finishes have now reached 14%. To keep the momentum, manpower has been expanded to 504 workers. Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: “We are pleased with the pace
Clédor Signs Landmark Agreement To Bring The First Arthouse Hotel NYC Branded Residences To The UAE, Valued At AED400mln
In a significant move set to bring Manhattan's creative legacy to the Middle East, Clédor, a premier real estate development management company, has officially signed a partnership agreement with Arthouse Hotel, NYC. Coming to the iconic Al Marjan Islands in Ras Al Khaimah, Al Marjan Arthouse, valued at AED 400 Million, will be the brand's first residences outside of the USA. With a project development pipeline valued at over AED 2.1 billion, Clédor continues to make bold strides in reshaping the region’s real estate landscape. These branded residences are part of Clédor’s vision to deliver high-yield, design-forward communities that offer 150%+
SOHBA Hospitality Management Debuts At Arabian Travel Market 2025 Strengthening Egypt’s Hospitality Sector With Bespoke Solutions
Marking a new chapter in the regional hospitality landscape, SOHBA Hospitality Management announced its official formation and launch today at the Arabian Travel Market (ATM) 2025 in Dubai. Established with a passion for operational excellence and authentic guest experiences, SOHBA Hospitality Management specialises in bespoke hotel management solutions, offering owners a dynamic and flexible pathway to long-term success. Headquartered in Egypt, SOHBA Hospitality Management has been founded with a strong focus on supporting tourism development across Egypt while building a robust growth pipeline in key GCC markets, including Saudi Arabia and the United Arab Emirates. According to Egypt's Ministry of Tourism and Antiquities, Egypt
MAG Signs Strategic Partnership With Multibank Group To Tokenize $3 Billion Real Estate Assets
MAG, the leading real estate developer in the UAE has signed a historic $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a leading blockchain innovator—marking the largest real-world asset (RWA) tokenization initiative globally to date. The initiative highlights the imminent launch of $MBG, the utility token at the core of MultiBank’s next-generation digital finance ecosystem. The partnership will bring MAG’s high-value real estate developments — The Ritz-Carlton Residences, Dubai, Creekside, which is part of the Keturah Resort, and Keturah Reserve — onto the blockchain, making them available to global investors via
Chelsea Football Club Announces New Global Partnership with DAMAC Properties
Chelsea Football Club has today announced a new, long-term global partnership with Dubai-headquartered DAMAC Properties, which has been at the forefront of the Middle East’s luxury real estate market. In addition, an ultra-modern development, Chelsea Residences by DAMAC, is being designed and launched in partnership with Chelsea FC in Dubai, slated to be the first of its kind football-themed branded residences. The new development will be built with Chelsea Football Club's famous brand woven into the fabric, from its concierge service to its high-performance spaces. It will reflect the very best of Chelsea FC both in terms of high-end style, commitment
DHG Properties Partners With Two / 88 By Rina Rankova To Redefine Elevated Living In Dubai
As Dubai continues to outpace global markets in luxury home sales, Swiss real estate developer DHG Properties has partnered with the internationally acclaimed interior architecture and design studio Two | 88 by Rina Rankova for its latest residential development in Meydan Bukadra. This collaboration blends DHG's commitment to real estate excellence and Swiss-quality construction with Two | 88’s mastery of world-class design and high-end interiors, setting new benchmarks for elevated living in Dubai. Founded by Rina Rankova, Two | 88 operates globally with studios in Dubai, London, and Marbella. With extensive experience in super-prime residential and commercial design, the studio is renowned
Range Developments Unveils Island Heights In Al Marjan Island
Range Developments, award-winning luxury property developer, announces its fifth project, Island Heights, a collection of premium residential apartments in the heart Al Marjan Island, Ras Al Khaimah. The latest project is set to redefine upscale living, with 165 bespoke units—78 studio apartments and 87 one-bedroom apartments—boasting 360 views of Al Marjan Island. The property is strategically located a short 90 yards from the beach, and a mere four-minutes away from the Wynn Al Marjan Island, the first interactive gaming resort in the MENA region and the largest Wynn resort in the world. Ras Al Khaimah has undergone a remarkable transformation fuelled by