Meraas, a member of Dubai Holding Real Estate, has awarded a contract to International Foundation Group (L.L.C.) marking the start of groundworks at Atélis at d3 and another step in the continued evolution of Dubai Design District (d3) as a vibrant destination for creativity, innovation and contemporary urban living. The contract covers comprehensive site preparation, excavation, soil improvement, dewatering, and the design and construction of shoring and piling works. These activities will prepare the site for subsequent phases of construction. The award reflects continued progress across Meraas’ development pipeline. Designed by internationally renowned architectural practice Skidmore, Owings & Merrill (SOM), Atélis […]

Dubai’s luxury residential sector is becoming an increasingly important indicator of investor confidence, with a market report today showing that buyers continued to make multi-million-dirham commitments throughout July. Developers recorded 244 off-plan residential sales above AED5 million last month, with a combined value of AED3.42 billion. The transactions ranged from the AED5-10 million bracket through to the AED50-100 million range, showing that demand extends across a broad spectrum of the luxury market. An analysis by Dubai luxury developer Keturah reveals there were 151 off-plan apartment sales amounting AED2.3 billion in July, while 93 villa transactions generated AED1.1 billion. The average […]

K4, the UAE-based design and build company, has revealed that rising residential property values are changing how homeowners approach renovation in Dubai, with increased investment in interiors, building systems and lifestyle spaces as owners look to bring existing properties in line with their current market value and long-term use. The shift comes amid continued growth in Dubai’s property market. Dubai recorded AED 252 billion in real estate transactions in Q1 2026, up 31% year on year, while real estate investment reached AED 173 billion, an increase of 22%, according to market data analysed by K4. The company’s latest market analysis […]

Zoya Developments announced the complete sell-out of Elinor by Zoya, its premium residential development in Dubai South, with the entire AED 104 million project sold out in less than 15 days from launch. The milestone marks a significant achievement for the developer and reflects the strong demand for high-quality residential offerings in one of Dubai’s fastest-growing districts. The rapid sell-out further reinforces Zoya Developments’ reputation for delivering compelling investment opportunities that resonate with both local and international buyers. The project achieved success through its exclusive partnership with First Prime Properties, led by its CEO – Mr. Ali Al Dahari, whose […]

Equity, one of Dubai’s leading luxury real estate brokerages, is celebrating its second anniversary with more than AED 5 billion in property sales, a team of over 100 experienced brokers and staff, and continued expansion across some of Dubai’s most competitive real estate segments. Founded in 2024 by Emrah Yar, Equity has grown from a standing start into a recognised name in Dubai’s real estate market.  Located in the prestigious Boulevard Plaza, Tower 2, in Downtown Dubai, the company’s premium office reflects its positioning within one of the city’s most prominent business and lifestyle destinations. Over the past two years, […]

Equity, one of Dubai’s leading luxury real estate brokerages, is celebrating its second anniversary with more than AED 5 billion in property sales, a team of over 100 experienced brokers and staff, and continued expansion across some of Dubai’s most competitive real estate segments. Founded in 2024 by Emrah Yar, Equity has grown from a standing start into a recognised name in Dubai’s real estate market.  Located in the prestigious Boulevard Plaza, Tower 2, in Downtown Dubai, the company’s premium office reflects its positioning within one of the city’s most prominent business and lifestyle destinations. Over the past two years, […]

PRYPCO Mortgage, the home-financing arm of PRYPCO, the leading fintech platform in the region, today launched a new self-service platform for homebuyers, alongside findings from its own lending data showing that the amount a UAE buyer can borrow depends heavily on which bank assesses the file. Analysis of mortgage applications processed through PRYPCO Mortgage found that, among buyers assessed by more than one banking partner, the median difference between the lowest and highest approved loan amount was approximately AED 100,000, or around 7% of the total loan value. Half of applicants received approval amounts that differed by at least AED […]

Dubai’s luxury residential market has become synonymous with record-breaking property transactions, soaring values and an influx of international wealth. But beyond the record-breaking sales, another trend is reshaping Dubai’s most prestigious neighbourhoods. Rather than searching for a new home, an increasing number of affluent homeowners are choosing to completely reinvent the ones they already own. According to Dubai-based multidisciplinary design consultancy Imperium Group, demand for luxury villa renovations has increased by an estimated 35 to 50 per cent over the past five years, driven by homeowners investing millions of dirhams to transform existing properties into bespoke residences tailored to their […]

Project Management Institute (PMI) and Sobha Group have signed a strategic Memorandum of Understanding (MoU) to strengthen project management capabilities, accelerate professional development, and promote globally recognized best practices across the group. Bringing together one of the region’s leading real estate and development groups and the world’s leading authority on project management, the partnership reflects a shared commitment to developing future-ready talent and driving project excellence. The MoU was signed by Mr. Francis Alfred, Managing Director of Sobha Realty and Mr. Hanny Alshazly, Managing Director for the Middle East and North Africa at Project Management Institute, during an official ceremony […]