DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has announced the handover of 8,800 residential units across Dubai in 2026. This is alongside more than AED 10 billion worth of construction contracts awarded during the first half of the year, reinforcing DAMAC’s strong delivery momentum across a growing portfolio of master communities and key developments. Ali Sajwani, Managing Director of DAMAC Properties, said: “DAMAC remains fully committed to delivering every promised unit and project to our customers without disruption or delay. Despite the regional tensions earlier this year, our construction activity, operations and handover […]

As Dubai’s real estate market continues its record-breaking momentum, with property sales exceeding AED 286.4 billion across more than 79,000 transactions during the first half of 2026, Preston Development has announced that 50% of the units at its flagship residential project, One by Preston, have been sold just days after its official launch, highlighting the sustained demand for high-value residential developments in the emirate. The announcement comes as Dubai reinforces its position among the world’s most attractive real estate investment destinations, supported by strong investor confidence, continued population growth, progressive government initiatives, and robust economic fundamentals. The developer also confirmed […]

SAMANA Developers, the established and award-winning Dubai based real estate company, has officially announced the launch of its latest residential masterpiece, SAMANA South Haven. Positioned in the rapidly expanding corridor of Dubai Industrial City and Dubai South, the project is designed to elevate everyday living through modern architecture, resort inspired landscaping, and a comprehensive suite of amenities. Building on Proven Success and Expanding Portfolio Following the rapid sell out and immense market response to SAMANA Hills South 1, 2, and 3, the launch of SAMANA South Haven solidifies the developer’s position as a market leader in delivering high yield premium […]

Kasumigaseki Capital Co., Ltd., a leading Japanese real estate investment and development company listed on the Prime Market of the Tokyo Stock Exchange (TSE: 3498), formalized its presence in the UAE today, reinforcing its long-term commitment to one of the world’s most dynamic investment destinations and setting the stage for its regional growth. As of February 2026, the company’s total project pipeline and assets under management reached AED 18.986825 billion, comprising 129 projects across its portfolio and supported by 398 employees in Japan and a diverse team of 90 professionals in Dubai across real estate investment, asset management, and hospitality […]

Dubai Land Department (DLD) has been awarded the 2025 Hamdan Flag, part of the Hamdan bin Mohammed Programme for Government Services, in recognition of its Tamallak+ initiative in the pioneering category, marking a major milestone in DLD’s digital transformation journey. It also reflects its success in redesigning the real estate transaction registration journey, in line with the Dubai Government Services 360 policy, through an integrated, data-driven digital ecosystem that places customer needs at the center of service design. The recognition reflects DLD’s commitment to developing proactive, seamless, and efficient government services in line with the vision of Dubai’s leadership. It […]

AVENEW Development and KORA Properties have launched O1NE District, marking the first major milestone following the strategic joint venture announced by the partners earlier this year. The launch introduces a new mixed-use destination in Motor City and brings to life the partners’ shared vision for an integrated business, retail and lifestyle destination. O1NE District comprises six commercial towers, an integrated retail destination, healthcare facilities and landscaped public spaces, positioned adjacent to Dubai Autodrome with direct access to Downtown Dubai, Palm Jumeirah and the future Al Maktoum International Airport. With a development value of AED 6 billion, the district brings together […]

Dubai’s residential market hit a new record for quarterly luxury home sales in Q1 2026, with 165 sales valued at over US$ 10 million, with another 131 homes sold during Q2 2026, including a record 26 homes changing hands for more than US$ 25 million, according to the latest analysis from global property consultancy Knight Frank. The first half of 2026 set a new record for the US$ home sales market totalling US$ 5.1bn, a 14% increase over H1 2025, proving yet again that Dubai’s luxury homes market remains a primary target for global HNWIs despite uncertain conditions. Faisal Durrani, […]

A new study conducted by YouGov on behalf of Shamal Holding has revealed strong demand for waterfront living, with 82 percent of UAE residents planning to live on a waterfront or near a marina within the next two to three years. The survey, which covered 1,009 respondents, found that 93 percent are willing to pay a premium to live near the water, while 99 percent believe waterfront locations enhance a property’s long-term investment value. Meanwhile, 96 percent said proximity to water directly influences their daily decisions, from travel and exercise to stress management. The findings form part of The Future […]

ANAX Developments has announced the launch of KYOMI Residences, a contemporary residential development located within the thriving district of Warsan Fourth. Designed to meet the rising demand for practical, well-connected homes, KYOMI offers thoughtfully planned residences that balance modern architecture, functional layouts, and everyday convenience. Positioned within a well-established residential zone, KYOMI Residences is designed to offer a balanced lifestyle, blending calm living with urban accessibility. The project reflects ANAX Developments’ commitment to delivering value-driven projects that respond directly to market needs while maintaining high standards of quality, design, and long-term investment potential. Backed by a growing project pipeline and […]