Dubai Investments breaks ground on Al Vista, its landmark mixed‑use development in Meydan Horizon. Developed through its wholly‑owned real estate subsidiary, Dubai Investment Real Estate (DIR), Al Vista is a large‑scale mixed‑use development comprising residential, commercial and retail components within a unified masterplan. The ground‑breaking ceremony was held in the presence of Khalid bin Kalban, Vice Chairman and CEO, Dubai Investments, Obaid Salami, General Manager, Dubai Investment Real Estate along with other senior representatives and the contractor for the project. As part of the milestone, DIR also signed the main construction contract with JV Hourie Paramount appointing the contractor to […]

Azizi Developments, a leading private developer in the UAE, has marked a key milestone with the simultaneous handover of Riviera 69 and Beachfront I within its flagship French Mediterranean-inspired waterfront community, Azizi Riviera, in Meydan, MBR City. The dual handover, led by Mr. Farhad Azizi, Group CEO of Azizi Group, reflects the developer’s accelerating delivery pace, with multiple additional buildings across the horizon scheduled for handover in the coming months. Riviera 69, part of Phase 4, is a 10-storey residential building offering 112 units, including studios to three-bedroom apartments, along with 11 retail outlets. It marks the eighth completed building […]

Amid heightened regional uncertainty, Dubai’s luxury real estate market has reached a historic milestone. A duplex penthouse in the Burj Khalifa has been leased for AED 12 million per year, the highest recorded annual apartment rental in the UAE. Owned by Karl Haddad, the residence spans the 87th and 88th floors of the world’s tallest tower and establishes a new benchmark not only for Dubai but for global ultra prime leasing. “In times of volatility, capital does not retreat, it becomes more selective. It seeks environments defined by stability, security, and long-term vision. Dubai continues to command that trust,” said […]

As we enter week five of the ongoing regional developments, Dubai’s leasing market is entering a more selective phase, with shifting tenant behaviour and an increase in rental listings beginning to reshape market dynamics. Based on betterhomes data and nearly four decades of experience across multiple market cycles, the brokerage says the market remains active, but outcomes are increasingly being shaped by pricing, presentation, and flexibility. According to new leasing insights from betterhomes, informed by the questions most commonly being raised by tenants and landlords in Dubai, lead volumes are currently around 30 to 40 per cent below the same […]

Eywa Tree of Life, the flagship residential development by R.Evolution and the most health-conscious building in the world, has reached a defining moment on site with the completion of its superstructure and the finalisation of its show residence, bringing the project firmly into its next phase of delivery and market readiness. This milestone also reflects the continuity and stability of the UAE’s development environment. As projects across the city continue to progress as planned, Eywa’s DLD-verified progress reinforces the confidence developers and investors place in Dubai’s leadership, governance, and commitment to maintaining a safe, resilient, and forward-moving market. The final concrete pour was […]

Alta Real Estate Development, a boutique Emirati developer shaping Dubai’s evolving skyline through a portfolio of distinctive residential projects, confirmed that construction activity continues across Alta’s portfolio, reflecting continued confidence in Dubai’s long-term growth trajectory. The update comes as Dubai’s real estate sector continues to demonstrate resilience despite heightened regional attention in recent weeks. Dubai recorded more than $250 billion in real estate transactions in 2025, reinforcing the sector’s role as a key pillar of the emirate’s economy. Market activity remains steady across the city, with buyer enquiries, property viewings and transactions continuing despite global uncertainty. Industry activity continues to be […]

Dubai South Properties has appointed Mohammed Abdulmohsin Al Kharafi & Sons LLC for an AED2 billion contract to develop several phases of HAYAT by Dubai South, a luxury master-planned community spanning 10 million square feet. Strategically located near the Al Maktoum International Airport, HAYAT will feature approximately 2,500 residential units, including a variety of townhouses, semi-detached and standalone villas, mansions, as well as apartments, and hotel apartments. HAYAT offers seamless connectivity to major roads and key economic hubs, including Al Maktoum International Airport, Sheikh Mohammed bin Zayed Road, Emirates Road, Jebel Ali Free Zone, and Dubai South Free Zone. Construction […]

Azizi Developments, a leading private developer in the UAE, appointed Doka, a world leader in formwork, scaffolding, and engineering solutions, as the formwork and scaffolding partner for Rêve Riviera, a landmark multi-tower residential complex rising in Mohammed Bin Rashid (MBR) City, Dubai. The appointment was a reflection of Azizi’s quality-driven approach to project delivery and its commitment to partnering with industry leaders who can meet the pace and precision that its developments demand. Doka’s scope covers the full vertical and horizontal construction phases of the complex’s three 26-storey towers, each featuring distinctive wave-like façades and panoramic glass elements inspired by […]

DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has urged more than 300,000 residentsstaying across its communities and team members to participate in ‘Earth Hour 2026’. The annual sustainability initiativeis part of a global movement highlighting the urgent need for climate awareness and energy conservation. On Saturday, March 28, DAMAC communities and towers across Dubai will go dark by switching off lights for one hour, starting 8.30pm. The initiative is supported by community engagement teams and sustainability champions from LOAMS, the award-winning, jointly owned property and community management company. DAMAC’schampioning of Earth Hour […]