Nakheel, a member of Dubai Holding Real Estate, has awarded Mar Marine & Building Contracting L.L.C. a contract for marine and beach works on Island B at Dubai Islands. Scheduled for completion by Q4 2027, the works will add 320 metres of beach frontage near Bay Villas and upgrade approximately 3km of the island’s western shoreline. The scope includes the construction of new breakwaters, removal of existing protective rock revetments and the formation of a new beach near Bay Villas. Mar Marine will also refurbish and carry out remedial works across several existing beach areas on the western side of […]

Global football star Karim Benzema is leading a growing wave of interest among prominent footballers in Dubai’s real estate market after acquiring several residences at Mercedes-Benz Places | Binghatti City, along with a luxury residence at Vision Iconic. The acquisitions add Benzema to a growing list of international football stars who have chosen Binghatti developments for luxury property ownership in the emirate. Binghatti announced Benzema’s acquisitions during the launch of Vision Iconic at Coca-Cola Arena in Dubai. The event featured a signing ceremony between the French football star and Abdullah Binghatti, Head of Sales, in the presence of Binghatti Chairman […]

Sweid & Sweid has appointed McLaren Construction as the main contractor for BAY360, its upcoming mixed-use development and lifestyle destination in Jumeirah Lakes Towers (JLT), scheduled for completion in Q1 2028. Set partly on reclaimed land from Lake D, BAY360 will introduce a new community destination to JLT, bringing together an upscale retail and dining offering, wellness and recreational amenities, extensive landscaped areas, and new public spaces built around the waterfront. Designed as a focal point for the surrounding neighbourhood, BAY360 will open up the waterfront through landscaped outdoor areas and enhanced pedestrian connections, creating a more active and accessible […]

Following success of Shahrukhz by Danube, the commercial tower that sold out on launch day, Danube Properties announces next chapter of its iconic partnership with superstar Shah Rukh Khan with the launch of Shahrukhz Residences by Danube – a landmark fully furnished waterfront residential tower in Dubai Maritime City, with apartments starting at AED 1.65 million and a flexible payment plan of 30% during construction, and 70% upon handover. Positioned as world’s first celebrity-named residential tower, Shahrukhz Residences by Danube sets a new benchmark for celebrity-inspired living, offering breathtaking views of the sea and the Dubai skyline. Adding to its […]

Approximately half of Dubai’s luxury villa buyers are purchasing properties with renovation already planned, according to multidisciplinary design consultancy Imperium Group, as securing the right address increasingly takes priority over finding a finished home that meets every requirement. For these buyers, the property purchase is often the starting point for a wider transformation. Drawing on its luxury residential portfolio, Imperium says villas in established locations are being extensively redesigned around the owner’s family, lifestyle and long-term plans for the property. The consultancy has delivered approximately 30 to 40 luxury renovation projects over the past three years. These projects increasingly extend […]

DHG Properties, Dubai-based developer and part of Swiss real estate and construction group DHG, has officially commenced the handover of Helvetia Residences in Jumeirah Village Circle (JVC), a residential project with development value of USD 200 million. This milestone reflects a wider period of residential delivery across Dubai, as new projects and homes continue to enter the market. According to Dubai Land Department, 104 real estate projects were completed in the first half of 2026, representing more than AED 111 billion in investment and adding 24,537 new units to the market. Compared with the same period in 2025, the number of […]

Nakheel, a member of Dubai Holding Real Estate, has unveiled Bay Estate, a new residential community at Dubai Islands comprising approximately 360 homes, alongside beachfront and waterfront plots. The masterplan spans 653,709 square metres, with 2.4 kilometres of beachfront and 6.5 kilometres of waterfront, and is expected to accommodate more than 12,000 residents upon completion. The development includes villas and townhouses across three districts — Cala, Verda and Agora — alongside community and sports facilities, pedestrian spaces and a yacht marina. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said the project forms part of the development […]

DIB, the world’s leading Islamic financial group and the largest Islamic bank in the UAE, has entered into a strategic partnership with Expo City Dubai to offer eligible buyers Home Financing for properties under construction within Expo City Dubai. The agreement supports DIB’s strategy to expand its Home Finance proposition through strategic partnerships with leading developers and government-related entities across the UAE. The partnership marks an important collaboration with one of Dubai’s most distinctive developments. Building on the legacy of Expo 2020 Dubai, the first World Expo held in the Middle East, Africa and South Asia, Expo City Dubai is evolving into […]

Driven | Forbes Global Properties and their investment partners have completed the AED 725 million (US $197M) sale of Emaar Square Building 3, marking approximately 44% gross, asset-level capital uplift and more than 60% IRR on an equity basis over their 21-month hold of the property. The sale follows the partners’ AED 505 million (US $137M) acquisition of the asset in November 2024 and represents one of the largest real estate transactions recorded in Downtown Dubai in 2026 to date. “This transaction reflects the way we approach real estate investment: acquiring assets where we see upside that is not fully reflected in the market pricing, actively improving their positioning […]