Fakhruddin Properties Launches Dubai’s First In-Building Waste Management System That Diverts 90% Waste Away From Landfills
In a stride towards transforming urban sustainability, Fakhruddin Properties has launched its breakthrough “90:90 Waste Management Initiative,” a pioneering model that aims to divert up to 90% of building waste from landfills. The forward-thinking system was unveiled on May 7th, 2025, at Trafalgar Central in Dubai International City, and introduces the city’s first in-building composting and sorting facilities in a residential development marking a remarkable milestone in the UAE’s environmental journey. With an unwavering focus on sustainable innovation, the initiative presents an end-to-end framework for high-rise buildings, offering seamless source segregation, reporting, and zero-cost implementation for residents. This model not only
Union Properties Inks $190mln Deal For Key Real Estate Project
Union Properties, a leading UAE developer, has signed a conditional sales agreement valued at AED700 million ($190 million) for a significant real estate project in Motor City. This marks a pivotal milestone in the company’s strategic roadmap, effectively concluding its comprehensive recovery plan which was designed to resolve all legacy debt settlements and restore long-term financial strength. Building on a record AED1.3 billion ($354 million) in plot sales achieved in 2024 as part of its comprehensive debt restructuring strategy, this latest agreement is expected to be recognized in the company’s Q4 2025 financials. The Dubai developer said the real estate project will contribute
Arada sees sales more than triple to AED9.15 billion in H1 2025
Arada has reported a tripling of sales during the first half of 2025 to AED9.15 billion as healthy demand for premium residential property continues to lift markets across the UAE. The master developer saw a 336% increase in the value of property sold at its projects in Dubai and Sharjah, driven by major launches and increasing interest in existing master planned communities. In total, Arada sold 2,382 homes during the first six months of the year, a 247% gain on the same period in 2024. Arada’s best-performing projects during this period included precision wellness destination Akala, which was launched in Dubai
DFM Announces 298% Rise In Net Profit Before Tax For H1 2025 To AED777.1 Million
Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit before tax of AED777.1 million, up 298 percent compared to the same period in 2024, underscoring strong investor confidence and the continued expansion of Dubai’s capital markets. DFM saw robust market performance during this period, with the DFM General Index (DFMGI) rising by 10.6 percent, reflecting both local market strength and a broader global shift in capital towards resilient, growth-oriented markets. The total market capitalisation also increased by a solid 9.7 percent, compared to the same period last year, to
Meraas unveils Jumeirah Residences Emirates Towers designed to elevate and inspire living well every day
Meraas, a member of Dubai Holding Real Estate, has announced the launch of Jumeirah Residences Emirates Towers, a bold new addition to Dubai’s iconic skyline. Designed by acclaimed SCDA Architects, the development introduces a distinctive cantilevered architectural form that sets a new standard for sophisticated urban living. The development features 754 branded residences, ranging from one-to-four-bedroom layouts, set across two distinctive towers. Thoughtfully designed and centrally located, the towers offer sweeping views of the Museum of the Future and Downtown Dubai, with each residence crafted to ensure complete privacy. A private entrance beneath the striking cantilever leads to a grand double-height lobby,
EDGNEX Data Centers by DAMAC Announces $2.3 Billion AI-Focused Data Center in Jakarta, Indonesia
EDGNEX Data Centers by DAMAC, a global digital infrastructure company backed by the DAMAC Group, a global conglomerate headquartered in Dubai, today announced the development of a next-generation AI-powered data center in Jakarta, Indonesia, its second in the market. This milestone project marks one of Southeast Asia’s largest AI-dedicated developments, with a future projected capacity of 144 MW and a total investment of $2.3 billion. Following the land acquisition completed in March 2025 by DAMAC, the site has entered early construction phases, with the facility’s phase one expected to be ready for service by December 2026. The Jakarta facility will deploy
Off-Plan Apartment Sales Surge 43% In Q2 2025 To AED 60.15 Billion, Signalling Global Confidence In City’s Growth Trajectory
JVC, Business Bay and Dubai Residence Complex lead demand; Off-plan townhouses capture 75% of villa segment value in Q2 2025 Betterhomes has released its Q2 2025 Residential Real Estate Market Report, revealing a strong quarter for Dubai's off-plan segment, led by robust apartment sales, landmark new project launches, and a deepening investor appetite. Off-plan apartment transactions surged 43% quarter-on-quarter, contributing significantly to a total sales value of AED 60.15 billion, a 37% increase year-on-year. The off-plan segment accounted for the majority of Dubai's residential market activity, underpinned by strategic launches from top-tier developers and investor-friendly payment plans. "The off-plan market continues to be one
Engel & Völkers Commercial Appointed As Exclusive Broker For Freehold, Licensed F&B Retail Spaces At Marriott Residences JVC
Engel & Völkers Commercial has been appointed as the exclusive brokerage partner for the sale of Dubai’s first-ever freehold, licensed food and beverage retail spaces, located at the upcoming Marriott Residences in Jumeirah Village Circle (JVC). Investors can choose between two models: a guaranteed ROI model, offering 10% annual returns for 5 years with a branded operator managing the unit, or a shell-and-core ownership model, where F&B operators can introduce their own brand concept into a licensed, freehold space. Several signature concepts are already in development, with more opportunities available. Both models benefit from post-handover payment plans and full title ownership. The
Amaal And IOPn Partner To Pioneer Property Tokenization In Dubai
Amaal, the visionary Emirati-founded real estate developer, has announced a strategic partnership with IOPn, a next-generation blockchain infrastructure company, to collaborate on bringing tokenized property solutions to a broader global investor base. This collaboration underscores Amaal’s commitment to innovation and aligns with Dubai’s digital vision to expand access, enhance liquidity, and reshape how international investors participate in the real estate market. The partnership reflects an innovation-led approach by both organizations to support the evolution of real estate investment, leveraging blockchain technology to make property investment more accessible and efficient, while maintaining exclusivity and long-term value. The move aligns with the Dubai
VOXA By Pantheon Development Sets A New Standard For Lifestyle-Driven Offices
Pantheon Development has officially unveiled VOXA, a dynamic new development in Dubai's Jumeirah Village Triangle (JVT) that seamlessly blends residential and commercial offerings. As part of this visionary project, VOXA Offices have been introduced to cater to today's evolving work and lifestyle needs. In a community known for its residential charm, VOXA introduces rare freehold commercial units tailored for entrepreneurs, creatives, and business owners seeking high-end workspaces in a strategic setting. Set within a bold mixed-use tower, VOXA merges sleek boutique layouts, high-end corridors and common areas, with purposeful design to meet the evolving needs of today's professionals. These offices, ranging from