News

Dubai’s real estate market continues to shatter records, with prices per square foot reaching an all-time high of AED 1,431 – a significant 18% year-on-year increase. August saw over 15,000 sales transactions valued at a remarkable AED 38.55 billion, marking a robust demand despite limited supply. The off-plan segment continues to dominate, accounting for 68% of all transactions with 10,285 deals worth AED 22.9 billion, the highest ever in terms of value. Developers are seeing overwhelming demand, with buyers eagerly awaiting new supply in the market. Among the top developers, Emaar leads with AED 7.49 billion in off-plan sales, followed by

Dubai South Properties has announced the appointment of Al Turath Al Aseel Contracting for a AED 150 million contract towards the construction of South Living Tower, a luxury apartment development at The Residential District in Dubai South. The project was launched in June this year, with an attractive post-handover payment plan, following huge demand for spacious apartments at Dubai South. Expected to be completed by Q1 2027, the project will feature 209 spacious units, including studios, 1-, 2-, and 3-bedroom apartments, as well as special-terraced units, offering a mix of indoor and outdoor living experiences. Project amenities include a swimming pool

Majid Al Futtaim’s flagship lifestyle destination in Dubai, Tilal Al Ghaf, has been recognised for its on-going sustainability efforts and  its role in  improving residents’ health and well-being after receiving a WELL certification. Tilal Al Ghaf achieved a silver rating level by the International WELL Building Institute (IWBI) for its Sales and Experience Centre - the region's first Zero Positive Building. The WELL award is the premier building standard that focuses on enhancing people’s health and well-being through the buildings where they live. The accolade was based on seven categories of building performance. Tilal Al Ghaf’s Sales & Experience Centre was recognised

Refine, a pioneering real estate development and management firm in Dubai, is proud to announce its appointment as the official representative of the prestigious Fairmont Residences Solara Tower in Downtown Dubai. Prospective investors and residents are welcome to explore this exceptional off-plan development and its many offerings as the sales centre officially opens on Tuesday 10 September at Emaar Square Building 6. The partnership between Refine and Sol Properties with the world-renowned luxury hotel and resort brand Fairmont, underscores Refine’s commitment to elevating the future of real estate in Dubai and enabling investors to experience the unique benefits of branded residence

IMAN Developers, a leading Dubai-based luxury residential developer, has onboarded Versace Ceramicsfor One Sky Park, a landmark mixed-use development in Jumeirah Village Circle (JVC), using exclusive Versace Ceramics tiles in the community. With a total value of AED 800 million, One Sky Park will feature Versace Ceramics in apartments, lobby and common areas,elevating urban living by seamlessly blending fashion-forward design with luxury and functionality. One Sky Park, featured by Versace Ceramic will be a distinctive addition to IMAN Developers' portfolio, offering a unique lifestyle centred around style and sophistication. The development comprises two iconic towers—Tower A and B with 26and 37

Engel &Völkers Middle East, known for its residential and commercial real estate services in the premium segment, announces the launch of its new Development Services department, catering to the specific needs of developers, builders, and investors in the region. As Dubai's real estate market continues its rapid growth, the demand for specialized services that can guide developers through this competitive landscape has never been greater. Engel &Völkers Development Services is poised to offer expert consultancy at every stage of the construction process, from land acquisition and concept creation to sales, marketing, and branding strategies. Daniel Hadi, CEO of Engel &Völkers Middle East,

MAJID Developments, a premier real estate development company marks its entrance in Dubai's real estate market with the launch of Mayfair Gardens, a residential community building in the heart of Dubai. Majid Developments is not just another name in the real estate market, it's a brand built on a legacy of delivering superior craftsmanship and innovative design around the globe. The company has earned a stellar reputation for quality and reliability. Each project under Majid Developments is a testament to its unwavering commitment to excellence, ensuring that every detail, from the foundation to the finishing touches, is executed to perfection. With a

MAJID Developments, a premier real estate development company marks its entrance in Dubai’s real estate market with the launch of Mayfair Gardens, a residential community building in the heart of Dubai. Majid Developments is not just another name in the real estate market, it’s a brand built on a legacy of delivering superior craftsmanship and innovative design around the globe. The company has earned a stellar reputation for quality and reliability. Each project under Majid Developments is a testament to its unwavering commitment to excellence, ensuring that every detail, from the foundation to the finishing touches, is executed to perfection. With a

Samana Developers, one of the leading and the fastest growing developer in Dubai, today made its debut in waterfront properties with the launch of two new projects worth Dh660 million. Samana Ocean Pearl 1 and Samana Ocean Pearl 2 on Dubai Islands were sold out in just two hours. Samana Developers revealed it has purchased more plots on Dubai Islands and planned to unveil new projects in coming days to meet the demand. Set against the backdrop of the Arabian Gulf, Samana Ocean Pearl projects on Dubai Islands introduce a new set of waterfront living. Both projects, spanning 237,913.20 square feet each,

Dubai is experiencing an accelerating renaissance in the real estate sector. Since the beginning of 2023 and 2024, it has attracted many international real estate developers, in conjunction with a rebound in the real estate market, which is growing dramatically according to the SAVIllS World Housing Cities Index. "Loutraki" Aussie Real Estate Development which operates under the umbrella of "Nucorp Constructions" International Project "Santorini Residences", launched in Dubai yesterday. The luxury residential project is a model of sustainability with modern specifications that serve the green environment. According to the Australian company's statement, the Santorini Residences project has been adding to global