Business continuity in the UAE’s real estate landscape keeps up, as projects launch, sales offices stay operational and transactions continue. AUM Development, a renowned two-decade old Dubai-based real estate firm, has announced the launch of Ryze Residences, in Warsan, one of Dubai’s fastest-evolving districts, positioned at the intersection of academic, employment, and infrastructure growth. A 93-residential development comprising studios, one-bedroom, and two-bedroom apartments, prices start from AED 599K, with a 40/60 payment plan aimed at both end-users and investors. The project offers a thoughtfully designed mix of residences, including studios averaging 382 sq. ft, one-bedroom apartments averaging 891 sq. ft, […]

Dubai’s property market continues to see activity from buyers, sellers, tenants and landlords even as some residents take a more cautious approach to decision-making, according to insights from leading brokerage betterhomes. While overall enquiry levels are currently around 45% below typical levels, betterhomes says engagement across its digital platforms has remained broadly consistent with a normal trading environment — suggesting many people are actively following the market. Louis Harding, CEO of betterhomes, said the current environment reflects a period of careful decision-making rather than a pause in market activity. “Dubai has navigated many global events and market cycles over the […]

Dubai-based real estate developer TownX has partnered with Regeny, a leading electric vehicle (EV) charging solution provider, to operate 29 state-of-the-art EV charging spots at Luma Park Views, Jumeirah Village Circle. With this partnership, Luma Park Views will now feature the highest number of EV charging slots in the city, reflecting TownX’s commitment to sustainability and the future of transportation. This expansion is a significant step towards promoting a greener and more sustainable urban environment. TownX has also appointed Green Parking, the industry’s leader in retail parking management, to oversee the parking operations for over 20,000 square feet of retail […]

Azizi Developments, a leading private developer in the UAE, has laid the foundation for its first five-star hotel, marking the beginning of the rollout of its AED 75 billion hospitality investment plan that will further enrich Dubai’s world class tourism infrastructure. Located within the Azizi Riviera community in Mohammed Bin Rashid City, the five-star hotel isamong ten hotel developments across various categories that are currently in design, development, or construction stages. These projects are being delivered through Azizi Developments’ in-house capabilities, leveraging the company’s integrated expertise across development, construction, and project management. Azizi Hospitality will develop 151 hotels, including 100 […]

Rentify, a leading fintech and proptech innovator, today announced the launch of Rentify Pay, UAE’s first rent-native infrastructure layer. This launch marks a significant evolution from Rentify’s original “Rent Now, Pay Later” service, introducing a comprehensive platform that digitizes and streamlines the entire rental ecosystem for tenants, landlords, and property managers. In UAE, where majority of residents are long-term renters and expatriates, rent represents the largest recurring financial commitment for most households. Since its founding, Rentify has offered over 10,000 rental units flexible payment solutions that benefit both tenants (who save money and earn rewards) and landlords (who receive upfront […]

Dubai’s residential real estate market recorded 15,369 transactions worth AED 45.39 billion in February 2026, reflecting sustained activity across the emirate’s property sector despite evolving global and regional dynamics. While transaction levels remained broadly stable compared with January, the market continued to demonstrate year-on-year expansion. Compared with February 2025, residential transactions increased 2.51% in volume, while total transaction value rose 9.59%, highlighting continued investor participation across both off-plan and ready residential segments. Farooq Syed, CEO of Springfield Properties, said: “Market conditions remain fluid, and activity will naturally recalibrate as global developments evolve. What we are observing on the ground, however, […]

Azizi Developments, a leading private developer in the UAE, has signed a non-binding Memorandum of Understanding (MoU) with Hyprlift, Inc., a US-based innovator in advanced vertical transportation systems, to explore the potential application of ropeless elevator systems within selected Dubai developments. Under the MoU, the two parties will undertake technical studies, integration planning, and feasibility assessments to evaluate end-to-end requirements from design and installation through testing, commissioning, operations, and ongoing maintenance. Hyprlift, Inc. specializes in the development of self-propelled, modular, ropeless elevator systems that introduce an alternative approach to vertical transportation, offering greater architectural flexibility, multi-directional movement, increased transport capacity, […]

Dubai Residential REIT (DFM: DUBAIRESI), a Shariah-compliant, income-generating closed-ended real estate investment trust and one of the largest owners and operators of residential real estate in Dubai (the “REIT”), managed by DHAM REIT Management (the “Fund Manager”), today announced the outcomes of its first Annual General Meeting. At the meeting, unitholders approved the Board of Directors’ recommendation to distribute a cash dividend of AED 550 million for the second half of 2025, equivalent to 4.2 fils per unit, bringing the total payout for the year ended 31 December 2025 to AED 1.10 billion, equivalent to 8.5 fils per unit, implying a […]

Award-winning real estate developer Imtiaz Developments has announced the successful handover of Beach Walk by Imtiaz, becoming the first developer to complete and deliver a residential project on Dubai Islands. The project marks the first completed development within Imtiaz’s Dubai Islands portfolio, which is collectively valued at over AED 6 billion. The handover is an early anchor for the evolving Dubai Islands, as it enters its next phase of development. More than the completion of a building, it signals the activation of Dubai Islands’ residential future and firmly positions Imtiaz Developments among the earliest and most influential private developers shaping the area’s growth and long-term […]