Entertainment

Sobha Group Joins Hands With 10 Universities To Power Next-Generation Leadership In The UAE

Sobha Group has entered strategic Memorandums of Understanding (MoU) with 10 leading global and regional universities, reinforcing its long-term commitment to building future-ready leadership talent and strengthening its position as a people-first organization that invests as deeply in its people as it does in its projects. Aligned with the UAE’s vision of becoming a global hub for innovation, higher education, and advanced talent development, the initiative represents a long-term investment in leadership capability, continuous upskilling, and future talent pipelines amid rapid business transformation and regional expansion. At the core of the programme is Sobha Group’s People Development Team, which drivesleadership […]

Al Barari Luxury Villa Leased For Record AED14 Million Over Two Years

A luxury villa in Al Barari has been leased for a record AED 14 million over two years, marking the highest rental transaction ever recorded in one of Dubai’s most exclusive residential communities. The landmark deal was secured by fäm Properties for a 14,500 sq ft five-bedroom residence within The Collection at Al Barari. Originally purchased for AED 54 million, the villa is generating a yearly rental yield of 12.8%. At AED 7 million annually, the agreement surpasses the previous Al Barari rental record of AED 4.8 million per year by 46%, as confirmed by DXBinteract data. “This transaction reflects […]

ADIB And DAMAC Ease The Path To Homeownership With New Comprehensive Finance Solution

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, and DAMAC Properties, the UAE’s and the Middle East’s largest private real estate developer, today launched a landmark home financing plan designed to provide ease and stability for homebuyers. The comprehensive solution removes significant financial obstacles, making homeownership more accessible and affordable for individuals and families across the UAE. This collaboration reflects a shared vision to enhance the homeownership experience and provide flexible financing solutions that support the sustainable growth of the UAE’s real estate sector. It also underscores both parties’ commitment to expanding homeownership opportunities and supporting the long-term […]

AHS Properties: At 26, Abbas Sajwani Is Deploying Billions Into Dubai’s Future

While global real estate capital recalibrates, Abbas Sajwani is accelerating. The 26-year-old Founder and CEO of AHS Properties – recently recognised by Forbes as the youngest Arab billionaire and the youngest billionaire globally in real estate, with a net worth of $1.9 billion – is building one of the fastest-scaling development platforms in Dubai. Since launching in 2021, AHS Properties has expanded from ultra-luxury villa redevelopments into a multi-billion-dollar portfolio spanning waterfront residential, Grade-A commercial, and large-scale mixed-use developments across Dubai’s most strategic corridors. Its commercial flagship, AHS Tower on Sheikh Zayed Road, sold out during construction, while its broader […]

Emirates NBD And CPI Property Group Strike Financing For Ultra-Luxury Residential Portfolio In Dubai

Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, and CPI Property Group (“CPIPG”), a leading European real estate company, have successfully executed an AED 367.3 million (approximately EUR 86 million) loan facility secured against a portfolio of ultra-luxury residential units in Dubai. CPIPG owns 19 luxury residences in Dubai, including 15 units under construction by leading local developers. The development properties are located across four of Dubai’s most distinctive residential projects including Bvlgari The Lighthouse (Jumeirah Bay), Casa Canal and One Canal (Dubai Water Canal), and Mr. C Residences Downtown (Downtown Dubai). […]

Engel & Völkers Launches GG Magazine In Dubai, Combining Culture, Design And Global Perspectives

Engel & Völkers has officially launched GG Magazine in Dubai, introducing its internationally recognized lifestyle publication to one of the world’s most dynamic real estate and investment hubs. For almost 40 years, GG has been bringing compelling stories on architecture, design, fashion, art, travel, and influential personalities to a highly curated international audience. Published quarterly, the magazine distributes approximately 275,000 copies per issue across more than 30 countries and five languages, including English, German, Spanish, Italian, and French. The first issue in Dubai, Edition 2/26, titled “The Hand Made Issue,” explores craftsmanship, creativity, and individuality. The edition highlights the value […]

Dubai Holding Asset Management Breaks Ground On Lantana Hills

Dubai Holding Asset Management (DHAM), the owner and operator of a diverse portfolio of retail, residential and commercial destinations in Dubai,  has broken ground on Lantana Hills, a new premium gated residential community at the heart of Dubai Science Park, Al Barsha South,  and has appointed Group AMANA, the regional leader in design and build, as the main contractor under an AED 680 million agreement . The groundbreaking ceremony was attended by H.E. Malek Al Malek, Group Chief Executive Officer of Dubai Holding Asset Management; Nabil M. Ramadhan, Chief Strategy and Marketing Officer; Ismail Mohamed, Chief Development and Technical Services […]

Al Habtoor Tower: Dubai’s Boldest Residential Project Yet

In a city that has made a global reputation out of engineering ambition, Al Habtoor Tower is preparing to take its place as the largest residential building ever constructed. At roughly 400 metres tall, with 91 floors and 1,740 homes, Al Habtoor Group’s flagship development is more than another entry in Dubai’s catalogue of record-breakers. It is, by several measures, a project that is reshaping how cities build upward. The headline numbers are striking on their own. The tower spans some 370,000 square metres of built-up area, roughly three times the size of a typical luxury high-rise, and offers more […]

Dubai Holding Asset Management Breaks Ground On Lantana Hills, Awards AED 680 Million Premium Community To Group AMANA

Dubai Holding Asset Management (DHAM), the owner and operator of a diverse portfolio of retail, residential and commercial destinations in Dubai,  has broken ground on Lantana Hills, a newpremium gated residential community at the heart of Dubai Science Park,Al Barsha South, and has appointed Group AMANA, the regional leader in design and build, as the main contractor under an AED 680 million agreement. The groundbreaking ceremony was attended by H.E. Malek Al Malek, Group Chief Executive Officer of Dubai Holding Asset Management; Nabil M. Ramadhan, Chief Strategy and Marketing Officer; Ismail Mohamed, Chief Development and Technical Services Officer; Fatma Almohammad, […]