HOLM Developments has announced its entry into the Georgian market following the signing of an international investment and development agreement with Ambassadori Island Batumi. The agreement represents an investment of more than US$250 million and will see HOLM develop a 140,000 sqm multifunctional complex within Ambassadori Island, marking the company’s first major international expansion. The agreement was signed by Sergey Avayan, CEO of HOLM Developments, and Gocha Kamkia, CEO of Ambassadori Island Batumi. “This marks an important new chapter for HOLM. Georgia offers strong potential, and Ambassadori Island gives us the opportunity to bring our experience and development standards to a […]

Zoya Developments has launched The Laureates, a new annual platform designed to celebrate excellence, strengthen partnerships and inspire higher performance across Dubai’s real estate brokerage community. By recognising outstanding achievements among brokers and channel partners, the initiative aims to foster a culture of healthy competition and collaboration that supports the continued growth and maturity of Dubai’s real estate sector. Held at The Ritz-Carlton, DIFC, the inaugural edition brought together more than 1000 real estate professionals and brokerage representatives for an evening centred on performance, partnership and the next phase of Zoya’s growth. Rather than positioning recognition as a one-off gesture, Zoya has established […]

Dubai Land Department (DLD) figures for August show transaction volumes down 37% and sale values down 44% year-on-year. Taken alone, the headline numbers describe a market in decline. Set against the detail of the same DLD dataset, broken down by betterhomes across off-plan and secondary activity, price segments and individual communities, a more specific picture emerges: buyers who remain active are committing earlier, paying more per transaction, and concentrating around new, branded and landmark product rather than the speculative resale trade that characterised the past two years. Five patterns from the data illustrate the shift. Off-plan villa demand strengthened in […]

Dubai Land Department (DLD) has launched the ‘Initial Registration’ platform to streamline the developer journey and integrate project registration, real estate transaction registration and escrow account management. By deploying artificial intelligence, automating processes and delivering more efficient and transparent digital services, the platform supports the sector’s readiness for growth and reinforces Dubai’s position as a global destination for real estate investment. The launch of the platform aligns with the announcement by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai of a new government framework aimed at enabling 50% of […]

Azizi Developments, a leading private developer in the UAE, has recorded significant progress at its premium residential project, Azizi Grand, officially reaching 94% overall construction completion. The project has achieved 100% completion across all core structural and internal build stages, including the main framework, blockwork, internal plastering, and tiling. Mechanical, electrical, and plumbing (MEP) infrastructure stands at 94%, supported by HVAC mechanical systems at 93%. External works have advanced to 67%, with dedicated swimming pool leisure facilities tracking at 64%, keeping the development firmly on schedule for its completion timeline. With primary civil works completed, on-site operations are now focused […]

Nikki Bisiker Design Studio has completed the design of a new Elysian Mansion villa in Tilal Al Ghaf, with the project now into the interior execution phase. The milestone project reflects the studio’s expanded scope across architecture, interiors, landscaping, FF&E, procurement and bespoke detailing. Set within the exclusive Elysian Mansions community, the villa spans basement, ground floor, first floor and rooftop, bringing together a calm, serene atmosphere with an eclectic design language shaped by travel, craftsmanship and nature. The residence is defined by rich layers of natural wood, organic textures and a soft, composed material palette that creates a sense […]

The UAE real estate sector maintained strong performance during the first half of 2026, supported by growing investment demand, expanding development activity, a diversified investor base and continued enhancements to regulatory and legislative frameworks that strengthened the attractiveness of the country’s property markets. The sector entered the second half of the year on a solid foundation of local and international demand, diversified real estate products and a growing pipeline of new projects. Rising foreign investment and the broader range of nationalities participating in the market also reflected continued confidence in the UAE’s ability to attract long-term capital. Data announced by […]

As more people become accustomed to searching through natural, conversational prompts, Bayut is reimagining how property seekers find their next home. The UAE’s leading property portal has launched AI Search, becoming the only property portal in the country to offer an AI-powered, conversational search experience. Developed with user experience at its core, AI Search allows property seekers to describe what they want in their own words rather than relying solely on a series of filters. A user could search for a “two-bedroom apartment in Dubai Marina with a sea view under AED 2 million” or a “family villa in Dubai […]

Arabian Gulf Properties said the strong performance recorded by Dubai’s construction sector during the first half of 2026, including a 37.4% year-on-year increase in the number of licensed buildings, reflects continued momentum in urban development and sustained confidence in Dubai’s real estate market. According to Dubai Municipality data, the number of licensed buildings in the emirate increased from 3,134 in the first half of 2025 to 4,305 during the same period this year, representing an increase of 1,171 licensed buildings. Badar Rashid Al Blooshi, Chairman of Arabian Gulf Properties said: “These figures reflect the scale of development activity taking place […]