Entertainment

The Luxe Developers Awards An AED150mln Contract As Interior Fit-Out Progresses At Oceano

The Luxe Developers, the UAE-based luxury real estate developer, has formalised its AED 150 million interior fit-out contract with Interiors International Industries for its flagship Oceano development on Al Marjan Island, Ras Al Khaimah. Interiors International has been embedded within The Luxe Developers’ project team since early 2026, working alongside the main contractor as the development advances towards structural completion. Interiors International Industries, in conjunction with the main contractor, China State Construction Engineering Corporation, has been on-site and actively progressing the bespoke interior fit-out works across the twin-tower project, encompassing the residences, amenities and common areas of the AED1.5 billion […]

Dubai Residential REIT Adds 220 Townhouses At Jebel Ali Village To Portfolio In AED 894mln Acquisition

Dubai Residential REIT, the GCC’s largest real estate investment trust, today announced the acquisition of 220 townhouses at Jebel Ali Village and their addition to its investment portfolio, marking the next step in the REIT’s committed growth strategy and expanding its presence in Dubai’s premium residential segment. Comprising a mix of three- and four-bedroom townhouses, the new cluster of 220 townhouses adds scale in a strategically located, family-oriented community and further broadens the REIT’s exposure to high-quality, income-generating residential assets. The acquisition was secured through a forward purchase agreement at a price of AED 894 million1. Ahmed Al Suwaidi, Managing […]

Imtiaz Breaks Ground On Dh600mln ‘Sea Cliff Residence’, Expanding Its Dubai Islands Footprint

Imtiaz Developments, the award-winning real estate developer with a portfolio exceeding Dh15 billion and more than 22 developments on Dubai Islands, has celebrated the groundbreaking of Sea Cliff by Imtiaz, a premium waterfront residential development valued at Dh600 million, further strengthening its presence across one of Dubai’s fastest-growing waterfront destinations. The groundbreaking marks another significant milestone in the company’s long-term commitment to Dubai Islands, one of Dubai’s fastest-evolving waterfront destinations. The ceremony was attended by Masih Imtiaz, CEO of Imtiaz Developments, alongside members of the company’s executive leadership team, celebrating the commencement of construction for the landmark project. Speaking on […]

Swank Development Advances On Two Fronts With Selora Residences Groundbreaking And Lua Residences Nearing Handover

Swank Development has broken ground on Selora Residences while simultaneously advancing Lua Residences to its final stage before handover, marking a significant moment of growth for the boutique luxury developer as it establishes a firm foothold in Dubai’s competitive residential market. The two projects, each limited in scale by design, reflect Swank’s deliberate approach to development. Rather than pursuing volume, the company has built its identity around restraint, precision, and architectural character that rarely emerges from large-scale production. Lua Residences, the company’s first project, brings together 37 villas in a composition drawn from classical European architecture. The development has been […]

Zoya Developments Accelerates Delivery, Starts Construction Of Calisi One Month After Project Launch

Zoya Developments has commenced construction of Calisi, its latest AED 80 million residential project in Dubai South, just 30 days after its official launch. The milestone reflects the company’s focus on maintaining efficient development timelines and moving projects swiftly from planning and sales to on-site execution. It also marks a further expansion of Zoya Developments’ presence in Dubai South, a district experiencing sustained growth driven by ongoing infrastructure investment, the expansion of Al Maktoum International Airport and increasing connectivity to key economic hubs across the emirate. As demand for residential property in the area continues to rise, Dubai South is […]

Expo City Dubai Partners With Emirates NBD To Introduce Tailored Home Financing Solutions

Expo City Dubai has signed an agreement with Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, to introduce tailored mortgage and home financing solutions designed to support buyers across its diverse residential portfolio. The partnership reflects strong long-term momentum in Dubai’s residential real estate sector, with increasing demand for structured financing solutions – including for ready-to-handover and off-plan properties – designed to facilitate the different stages of an investor’s home ownership journey. Available to all buyers of Expo City Dubai properties, subject to standard banking and regulatory requirements, the partnership simplifies the […]

Meraas And Nakheel Enhance Customer Experience With Dedicated Golden Visa Facilitation

Dubai Holding Real Estate has introduced a dedicated Golden Visa and investor residency facilitation service at the Meraas and Nakheel sales centre, creating a more seamless journey for eligible property investors purchasing across its portfolio. The service brings residency guidance directly into the property sales journey, enabling customers to receive in-person support on eligibility, documentation and application requirements at the same destination where they select their home. Applications will be handled by an accredited visa service provider, with Meraas and Nakheel acting strictly as facilitators. This new facilitation service covers key residency pathways available to property investors, including the 10-year […]

Tomorrow World Properties Appoints SKR As Main Contractor For Next Generation Dubai Islands Landmark, Tomorrow 166

Tomorrow World Properties has officially appointed SKR Building and Contracting (SKR) as the main contractor for its new premium development Tomorrow 166, located on Dubai Islands. The milestone agreement follows a formal signing ceremony held at the developer’s Sales Gallery in Ubora Tower, Business Bay. The appointment marks a strategic milestone in Tomorrow World Properties’ expansion into Dubai’s high demand luxury waterfront sector and signals the official start of construction. For the developer, however, the significance of the moment lay less in the announcement itself than in the decision behind it. Even amid heightened regional tension and the rising cost […]

Buyer Price-Drop Expectations Fall To 63% In May 2026, Down From Over 70% At Conflict Onset, Property Finder Analysis Shows

The gap between what UAE buyers expect to pay and what sellers are asking narrowed again in May 2026, according to the latest Property Finder analysis. The share of buyers expecting prices to fall eased to 63%, down from a peak of more than 70% immediately following the onset of the conflict – a second consecutive monthly decline – while sellers’ advertised prices held close to where they were before the conflict. Before the conflict, buyers were fairly evenly divided on where prices were heading. In Property Finder’s January–February 2026 consumer sentiment poll, buyers were split almost three ways: 36% […]