Nakheel Awards Over AED950 Million Main Construction Contract For 617 Homes At Bay Grove Residences On Dubai Islands
Nakheel, a member of Dubai Holding Real Estate, has awarded Parkway International Contracting LLC a construction contract valued at more than AED 950 million for Phases 2 and 4 of Bay Grove Residences on Dubai Islands. The contract covers 617 homes ranging from one to four-bedroom across eight residential buildings, together with basement works, associated infrastructure and amenities including swimming pools, sports courts and fitness centres. Phase 2 comprises 360 homes across four buildings, with main construction works expected to be completed by late 2028. Phase 4 comprises 257 homes across four buildings, with completion anticipated in the second quarter […]
Refine Development Management Wins Two Prestigious Titles At Arabian Property Awards 2026–2027
Refine Development Management is proud to announce its receipt of two esteemed awards at the Arabian Property Awards 2026–2027. The accolades reaffirm the company’s growing expertise in development marketing and branded residence consultancy across Dubai’s dynamic real estate market. The UAE’s leading development management company, Refine was recognised for Development Marketing for STAX by Pasha1 Developers, Powered by Refine, which launched in December 2025. The twin-tower residential development, located in Jumeirah Village Circle, has a gross development value (GDV) of AED 550 million. The award highlights the strength of Refine’s strategic marketing approach, which introduced a new developer brand into […]
AQUORA Records 40% Sales As Casa Vista Development Prepares For Grand Unveiling In Dubai
Casa Vista Development is preparing for the exclusive unveiling of AQUORA, its AED 350 million luxury waterfront residential project on Dubai Islands, following a significant milestone that has seen 40% of its residences sold. Taking place at Madinat Jumeirah on 28 October 2026, the unveiling will welcome Their Excellencies, distinguished guests, investors, valued partners and media representatives for an evening inspired by the elegance, movement and tranquility of water. AQUORA has generated strong market interest ahead of the occasion, reflecting buyer confidence in the development’s distinctive residential concept and Casa Vista Development’s commitment to construction quality, thoughtful design and exceptional […]
ATARA Introduces Velora Residence, Reframing Waterfront Living At Dubai Islands
ATARA Development introduces Velora Residence, a boutique collection of 58 fully furnished residences on Dubai Islands. Positioned between the waterfront and the boulevard, the development brings together the energy of the city and its island setting through clean architectural lines, light-filled interiors and natural materials. Water, air, light and wood apprise its design approach, creating a connection between the built environment and nature while balancing personal wellbeing with the shared experiences of family life. The announcement comes as Dubai Islands strengthens its position in Dubai’s real estate market. According to the recent Dubai Land Department data, the destination recorded $5.1 […]
Object 1 Sells To The World As Buyers From 60+ Nationalities Fuel Its Year Of Delivery
Object 1, an award-winning real estate developer, has recorded sales to buyers from more than 60 nationalities in 2026, split almost evenly across four continents. The company attributes this international demand to accessible entry prices and payment plans shaped around buyers’ needs, supported by direct engagement across overseas markets. Against Dubai’s AED 252 billion in Q1 real estate transactions, Object 1’s focus is on translating this demand into completed homes. Tatiana Tonu, CEO of Object 1, said: “Buyers place their trust in a developer long before handover, and we have a responsibility to earn that through every stage of construction. What […]
Nakheel Awards Over AED 950mln Main Construction Contract For 617 Homes At Bay Grove Residences On Dubai Islands
Nakheel , a member of Dubai Holding Real Estate , has awarded Parkway International Contracting LLC a construction contract valued at more than AED 950 million for Phases 2 and 4 of Bay Grove Residences on Dubai Islands. The contract covers 617 homes ranging from one to four-bedroom across eight residential buildings, together with basement works, associated infrastructure and amenities including swimming pools, sports courts and fitness centres. Phase 2 comprises 360 homes across four buildings, with main construction works expected to be completed by late 2028. Phase 4 comprises 257 homes across four buildings, with completion anticipated in the second quarter of 2029. The […]
Azizi Developments Accelerates Beach Oasis II To 62% Completion Milestone
Azizi Developments, a leading private developer in the UAE, has announced that construction at Beach Oasis II, its contemporary mixed-use community in Dubai Studio City, has reached 62% completion, advancing rapidly through its final construction phases. The structural framework of the development is now 100% complete, with blockwork reaching 99% and internal plastering advancing to 77%. HVAC and MEP installations currently stand at 59% and 50%, respectively, while overall finishes have progressed to 48%. Additionally, swimming pool construction is at 38%, with elevator and façade works reaching 34% and 15%, respectively. A dedicated workforce of 894 personnel is actively deployed […]
betterhomes And Signature Developers Take W Residences Dubai – JLT To New Delhi This October
Signature Developers and betterhomes, Dubai’s longest-standing independent real estate brokerage, will take W Residences Dubai – Jumeirah Lakes Towers (JLT) to New Delhi this October, as the Dubai-based partners host a private buyer roadshow for Indian buyers considering property in the emirate. The event forms part of a wider international push for the development, taking the W Residences Dubai – Jumeirah Lakes Towers story directly to one of Dubai real estate’s most established overseas buyer markets. The programme has been designed to go beyond a traditional project presentation. Alongside introducing W Residences Dubai – Jumeirah Lakes Towers, the day will explore some of the […]
Deyaar Delivers AED 541.5mln Profit Before Tax For The First Nine Months Of 2026
Deyaar Development PJSC (Deyaar), a DFM-listed integrated real estate company and one of Dubai’s leading developers, today announced its financial results for the nine-month period ending 30 September 2026, showcasing consistent growth driven by successful project delivery. Steady Year-To-Date Results Net profit before tax rose 27% to AED 541.5 million for the nine months ended 30 September 2026, from AED 425.7 million in the same period last year. Momentum strengthened in the third quarter, with net profit before tax of AED 205.4 million, up 29% from AED 159.1 million in Q3 2025. Total revenue reached AED 1,522.9 million, up 5% […]
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