Binghatti Capital Limited, an investment management firm regulated by the Dubai Financial Services Authority (DFSA), announced that the Binghatti Pinnacle Development Fund has completed its investment strategy, achieving a net internal rate of return (IRR) of 194% and a net multiple on invested capital (MOIC) of 2.3x for external limited partners. These returns are net of fees, fund expenses and management’s carried interest. The fund has completed distributions to its limited partners and is currently undergoing formal liquidation procedures, subject to the fulfilment of the remaining regulatory and administrative requirements. The fund raised approximately $29 million and pursued an investment […]

Dubai’s property market recorded broadly stable asking prices across many popular areas in Q3 2026, according to Bayut’s latest market report. Search trends showed continued interest in established communities across a range of budgets, from affordable apartments to family villa neighbourhoods and prime waterfront addresses. Along with the Dubai search and asking-price analysis, the latest UAE Market Sentiment Survey from Bayut and dubizzle provides a broader view of consumer expectations, which also points to the stability and maturity of the market. Across over 2,000 completed responses from both platforms, 60% of surveyed buyers said they were very confident or cautiously […]

AHS Properties is set to launch AHS Twin Towers, its new commercial development on Sheikh Zayed Road, following the AED 1.1 billion acquisition of Shangri-La Dubai. The property will undergo a major transformation into a Grade A commercial destination. Positioned on one of Dubai’s most prominent commercial corridors, AHS Twin Towers will introduce a new architectural identity for the property. The project has been designed by Gensler, an internationally recognised architecture and design firm, with interiors by AHS Atelier, the company’s in-house design studio, bringing a bespoke approach to materiality, detailing and craftsmanship throughout the development. AHS Twin Towers will […]

Rently, the platform that lets tenants choose how and when they pay rent, has secured a US$12 million growth credit facility from January Capital, a leading technology investment firm backing high-growth companies across Asia Pacific and beyond. The facility allows Rently to fund more deals, extending Rent Now Pay Later and its broader rent flexibility offering across its existing markets, Singapore, Hong Kong and the UAE, and into new ones, helping the next thousands of tenants on their housing journey. The big picture: one platform, three markets Rent is the largest recurring expense for most households, reaching up to 40% of […]

Vista Real Estate (Vista) has announced a strategic partnership with Engineering Construction Company (ECC) to deliver a new Grade A business park in Dubai Studio City, introducing a next-generation workplace environment designed to meet the evolving needs of multinational companies operating in the UAE. The development will comprise approximately 600,000 square feet of built-up area, including 300,000 square feet of premium office space, alongside ground-floor retail, premium F&B offerings and lifestyle amenities designed to enhance the tenant experience. The project brings together Vista’s development expertise with ECC’s proven engineering and delivery capabilities, reflected in the development’s positioning, “Where Engineering Meets Enterprise.” The tagline captures the strength […]

Zimaya Properties, a Dubai-based boutique real estate developer, has announced the launch of Lawncrest, an AED 185 million residential development in Dubai Production City, as the Dubai-based developer continues to expand its presence in the emirate’s real estate market. Dubai continues to attract homebuyers and investors from across the world, supported by its international appeal and long-term development vision. Against this backdrop, Zimaya is progressing with its residential portfolio, with Lawncrest marking the company’s fifth residential project in Dubai. Zimaya Properties focuses on developing homes that combine practical layouts, quality finishes and considered design. The company has launched five projects […]

Nakheel, a member of Dubai Holding Real Estate, has awarded Parkway International Contracting LLC a construction contract valued at more than AED 950 million for Phases 2 and 4 of Bay Grove Residences on Dubai Islands. The contract covers 617 homes ranging from one to four-bedroom across eight residential buildings, together with basement works, associated infrastructure and amenities including swimming pools, sports courts and fitness centres. Phase 2 comprises 360 homes across four buildings, with main construction works expected to be completed by late 2028. Phase 4 comprises 257 homes across four buildings, with completion anticipated in the second quarter […]

Refine Development Management is proud to announce its receipt of two esteemed awards at the Arabian Property Awards 2026–2027. The accolades reaffirm the company’s growing expertise in development marketing and branded residence consultancy across Dubai’s dynamic real estate market. The UAE’s leading development management company, Refine was recognised for Development Marketing for STAX by Pasha1 Developers, Powered by Refine, which launched in December 2025. The twin-tower residential development, located in Jumeirah Village Circle, has a gross development value (GDV) of AED 550 million. The award highlights the strength of Refine’s strategic marketing approach, which introduced a new developer brand into […]

Dubai-based investment manager Binghatti Capital Limited has delivered a 194% net internal rate of return (IRR) and a 2.3x net equity multiple to external investors following the successful completion of its Binghatti Pinnacle Development Fund’s investment strategy, marking a realised investment outcome in Dubai’s real estate market. Regulated by the Dubai Financial Services Authority (DFSA), Binghatti Capital raised approximately US$29 million through the fund, which pursued a single-asset, build-to-sell strategy involving a mixed-use development comprising 178 units. The project achieved a gross development value of approximately US$115 million, with contracted sales exceeding US$90 million. Around 90% of the units were […]