Meraas , a member of Dubai Holding Real Estate, has awarded a contract to International Foundation Group (L.L.C) for commencement of groundworks at Nourelle, marking the next phase in the delivery of the premium residential development within Madinat Jumeirah Living. The contract covers site preparation, as well as the design and construction of shoring and piling works for the development’s initial phase. The award marks another important milestone in the delivery of Nourelle, reinforcing Meraas’ continued progress across Madinat Jumeirah Living and its broader residential development programme. Nourelle comprises 236 one-, two-, three- and four-bedroom apartments across three contemporary residential buildings. […]

DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, recorded 5,706 transactions valued at AED 15.6 billion in H1 2026, ranking first in Dubai’s primary off-plan residential market by sales volume. DAMAC’s performance was particularly strong in the off-plan villa segment: with nearly one out of every two villa units sold (44.2 per cent) being DAMAC properties. This is almost twice the share of the next-ranked developer and accounted for 20 per cent of market share. Based on Dubai Land Department data for January to June 2026, DAMAC placed first by sales volume, ahead […]

Deyaar Development PJSC (Deyaar), a publicly listed integrated real estate company and one of the leading developers in the United Arab Emirates, today announced its financial results for the first half of 2026, posting measured growth over the prior-year period and maintaining profitability while advancing its development pipeline across multiple project stages. Net profit before tax for the six months ending 30 June 2026 reached AED 336.1 million up 26%, while revenue grew by 3% to AED 952.6 million. With several developments progressing through active construction, Deyaar enters the second half of the year with a well-covered backlog and a clear delivery schedule; a foundation […]

BXB Estates has completed the highest residential transaction in the history of Jumeirah Golf Estates, with an AED 110 million sale setting a new benchmark for one of Dubai’s most prestigious residential communities. Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the transaction surpasses the previous record of AED 58 million for a completed ready villa. The six-bedroom residence offers 21,714 square feet of built-up area on a 15,873-square-foot plot. It comprises nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its dedicated wellness area includes a gym, sauna, treatment suite and hairdressing room, reflecting […]

Dubai is set to host the 22nd edition of ‘IPS 2026’ from 7 to 9 September 2026 at the Dubai World Trade Centre. Organised by Strategic Exhibitions and Conferences, with the support and strategic partnership of Dubai Land Department, the exhibition will bring together leading investors, real estate developers, government entities, financial institutions, policymakers, and industry experts from around the world. IPS 2026 is a leading international platform that brings together key stakeholders in the real estate sector, providing a dynamic forum for knowledge exchange and showcasing the latest projects and investment opportunities. The exhibition fosters stronger connections between investors, developers, […]

AMIS Development has announced the pre-launch sell-out of the six signature Mansions at Jacob & Co.’s Fleurs de Jardin in Meydan District 11, achieving total sales of AED 300 million less than a month after breaking ground on the landmark development in June. Representing the highest-value residences within the community, the six signature Mansions were never publicly released or marketed through a conventional sales campaign. Offered exclusively through private requests to a select group of ultra-high-net-worth buyers, every residence was fully reserved ahead of the project’s official launch later this year. The absorption of AED 300 million worth of inventory […]

Azizi Developments, a leading private developer in the UAE, has marked a major milestone with its newly launched brokerage academy, the Azizi Center of Excellence, welcoming over 2,000 channel partners across its initial nine-day run. The unprecedented turnout highlights strong market demand for high-level, institutionalized training in Dubai’s real estate sector.  Positioned as a comprehensive, multi-disciplinary learning platform, the academy delivered an intensive series of specialized modules at the Azizi Sales Center in Dubai. Designed to go far beyond traditional sales training, the curriculum provided deep dives into construction methodologies, engineering fundamentals, customer service excellence, and advanced market analytics. Spearheaded […]

Dubai Residential REIT, the GCC’s largest real estate investment trust (the “REIT”), announced its financial results for the six-month period ending on 30 June 2026 (H1’26). The REIT delivered strong financial and operational performance, driven by higher rental rates, higher portfolio occupancy, and disciplined cost management, while continuing to execute its growth strategy through portfolio expansion and active asset management.   KEY FINANCIAL AND OPERATIONAL HIGHLIGHTS: FINANCIAL HIGHLIGHTS H1’26 (AED | except percentages) H1’25 (AED | except percentages) % CHANGE Revenue 1,035.7 million 957.8 million +8.1% Adjusted EBITDA 822.6 million 717.6 million +14.6% Adjusted EBITDA Margin 79.4% 74.9% +4.5 PP Net […]

W Capital Real Estate Brokerage, led by Chairman Walid Al Zarooni, has been recognized by Reef Developments with the “Top Sales Agency” award in recognition of the company’s outstanding sales performance and its success in marketing the developer’s projects. The award reflects W Capital’s growing position in Dubai’s real estate brokerage sector, built on strong partnerships with leading developers, a highly experienced sales team, and its ability to connect investors with high-potential real estate opportunities across the emirate. Commenting on the achievement, Walid Al Zarooni, Chairman of W Capital Real Estate Brokerage, said: “This recognition from Reef Developments is a […]