In a move that underscores the growing influence of Proptech in luxury real estate, SmartCrowd has shattered records with the AED 24 million sale of a three-bedroom Canal Cove villa on Dubai’s world famous Palm Jumeirah, after purchasing the property for only AED 11.3 million a year ago. The transaction not only marks the highest recorded price for a Canal Cove villa but also demonstrates the power of data-driven investment strategies in one of the world’s most competitive property markets. Breaking the previous record of AED 18.5 million by 30%, the villa sold for AED 24 million, giving SmartCrowd investors […]

Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP) has announced the launch of Mirdad Tower 2, a signature residential tower within its AED 2 billion Mirdad master-planned development in Dubai’s Motor City. Rising G+31 floors, the tower reinforces Union Properties’ long-term vision to deliver design-led, lifestyle-centric communities aligned with Dubai’s evolving urban landscape. Mirdad Tower 2 introduces a thoughtfully curated mix of studios, one, two and three bedroom apartments, complemented by a limited collection of loft residences. Designed as a contemporary vertical community, the tower reflects a balanced approach to modern living, combining architectural refinement, functional layouts, […]

R.Evolution reveals the architectural concept for Eywa Way of Water, the second chapter in the Eywa Collection, the World’s First Regenerative Civilization Platform, and a bold evolution of luxury living in Dubai. Rising along the Dubai Water Canal, this luxury development is conceived as a holistic living ecosystem, where water, air, light, energy, and architecture come together to elevate the human experience. Inspired by the intelligence, beauty and rhythm of the ocean, Eywa Way of Water transcends conventional real estate. Every element has been purposefully designed to support health, balance and longevity, positioning the project among the most wellness-driven, regenerative, […]

BCD Global, the international expansion platform of the leading global developers BCD Group, has announced its formal entry into the Middle East, naming Dubai as its regional headquarters as it accelerates its next phase of global growth. Over seven decades, the BCD Group has delivered over 155 million square feet of real estate across more than 300 residential, mixed-use and large-scale developments in seven countries. Building on that legacy, BCD Global will lead the group’s international ambitions from the UAE – a market, the company’s founders say, is defined by economic stability, capital access, regulatory clarity, and future-ready urban planning. […]

Al-Futtaim Real Estate (AFRE) has announced the launch of its highly anticipated new development, Al Badia Villas, a premium new residential leasing project offering 107 smart, modern, 3- to 5-bedroom homes. Delivered by Al-Futtaim Contracting, the project underscores the Al-Futtaim Real Estate’s ability to execute developments in-house, ensuring superior quality, design integrity and seamless management across every stage of the project lifecycle. Set amidst three hectares of parks in the heart of Dubai Festival City, this development is smart by design and elegant by nature, redefining high-end living by combining innovative features, sustainability, and unparalleled connectivity. Designed with families in […]

Record-breaking Dubai property sales in 2025 were matched by unprecedented growth across the real estate industry, with a luxury developer saying this shows the market is maturing beyond speculation. New data from DXBInteract reveals that the number of Dubai real estate agencies increased by 39.7% to 9,728 last year, while registered agents climbed by 34.5% to 32,317. Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand, welcomed the dramatic industry expansion, firmlybelieving it reflects a deeper, more competitive market, and this naturally raises standards. “With greater choice, buyers compare more rigorously, brokers prioritise proven projects, and brand, […]

In line with the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan President of the United Arab Emirates, to designate 2026 as the Year of the Family, the Rental Disputes Center(RDC) and the Mohammed bin Rashid Al Maktoum Charitable Establishmenthave unveiled a new community-focused initiative titled “Sitr.” The initiative supports the objectives of the UAE’s National Agenda for Family Growth and aligns with both entities’ strategies to reinforce social cohesion and humanitarian action in Dubai, along with assisting families burdened by rental obligations. The initiative also demonstrates a broader commitment to fostering socialsolidarity and safeguarding family stability, thereby […]

Azizi Developments, one of the UAE’s leading private developers, sponsored the HH Sheikh Mohammed bin Rashid Al Maktoum Endurance Ride for Ladies, as part of the 19th edition of the HH Sheikh Mohammed bin Rashid Al Maktoum Endurance Festival, which took place on Tuesday, 6January 2026, at the purpose-built Dubai International Endurance City in Seih Al Salam. The 120-kilometre Ladies’ ride, supported by Azizi Developmentsfor the ninth consecutive year, marks the opening event of the five-day endurance festival, one of the most prestigious fixtures on the global endurance calendar. Held in honor of His Highness Sheikh Mohammed bin Rashid Al […]

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a landmark structured funding transaction valued at USD 500 million to Mass Group Holding. The funding will be used to construct a natural gas fired power plant with an impressive capacity of 1.7GWh, in Romania, set to be the largest of its kind in Europe. With a total project value estimated at EUR 1.2 billion, this facility is poised to become a cornerstone of Europe’s energy security and a significant driver of economic growth for Romania. The new power plant, located in the northwest of Romania, […]