Dubai's thriving real estate market set a new all-time monthly sales record of AED62.4 billion in April, a 95.3% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month's total of 17,979 transactions also represented a 55.4% increase over April 2024, making it the third best-selling month on record in terms of volume. It underlines the buoyant nature of the Dubai property sector, with April eclipsing the previous monthly sales peak of AED 61.1 billion in October last year, following on from the second highest ever quarterly total of AED 142.7

Dubai-based real estate brokerage Union Square House (USH) has shattered records in luxury property transactions. The firm has successfully brokered the sale of two ultra-luxurious apartments at Jumeirah Residences Asora Bay by Meraas, located in the prestigious La Mer district of Dubai, for a staggering $63.7 million (AED 234 million) to a single buyer. The first unit is a 6-bedroom simplex spanning 18,182 sqft, sold for about AED 164 million, while the second is a 4-bedroom simplex covering 7,728 sqft, sold for AED 69.5 million. Jumeirah Residences Asora Bay offers only 29 exclusive apartments managed by Jumeirah—a global leader in luxury

Mr. Eight Development, a leading European property developer with over two decades of expertise, has announced the launch of its second residential project in the UAE – Villa del GAVI, located on Dubai Islands. Building on the success of its debut project, Villa del DIVOS, which has seen remarkable demand with almost 80% of its units already sold out, Villa del GAVI continues the brand’s mission to redefine beachfront living through timeless design and curated luxury. To celebrate the launch, Mr. Eight Development will host a private unveiling event at the Atlantis The Royal on May 03, 2025. The exclusive gathering

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

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, 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

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%+

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, 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

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