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 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 (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 […]

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 (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, […]

International Real Estate Partners (IREP), a global real estate and facilities management operating partner with offices across the UAE, today announced a planned leadership succession that will see Kamran Abbas appointed Chief Executive Officer. Kenneth McCrae, who has led the firm as Chief Executive Officer, will move into the role of Executive Chairman. The appointment follows a deliberate succession process and reflects IREP’s continued focus on leadership continuity, operational strength and long-term growth across its international platform. Mr. Abbas, who has served as Chief Financial Officer, brings a deep understanding of IREP’s business, clients, markets and growth strategy. In his […]

The real estate landscape in Dubai marks a significant milestone as Dugasta Properties officially breaks ground on Al Haseen 6. Situated in the heart of Dubai Industrial City, this development serves as the sixth consecutive project by the firm in the area, signaling massive demand from both investors and end users in the region. According to a recent survey, nearly 45% of real estate buyers intend to acquire property in the UAE within the next year. Dugasta Properties is tapping into this market interest by offering a guaranteed 10% return on investment and highly flexible payment structures spanning up to […]

Innovate Living Development has officially broken ground on Omoria Private Residences at Dubai Islands, marking a significant milestone in its AED 2 billion (approx. USD 545 million) ultra-luxury development pipeline and reinforcing its long-term commitment to the UAE. The project represents the developer’s first entry into Dubai Islands, a destination it identifies as one of the city’s most important emerging residential communities – drawing early comparisons to Palm Jumeirah in its formative years, but with a more integrated and future-facing masterplan. Spanning a G+7 structure, Omoria Private Residences is an ultra-luxury hospitality-led development comprising a curated collection of studio suites, […]

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate has signed an agreement with Majid Al Futtaim, a leading developer of shopping malls, communities, retail, and leisure destinations across the Middle East, Africa, and Central Asia, to develop a landmark AED 62 billion mixed-use master community within Dubai South. In the presence of HE Khalifa Alzaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Fadel Abdulbaqi Al Ali, Chairman of Majid Al Futtaim Holding, the agreement was signed at Dubai South HQ by Nabil Alkindi, Group CEO of Dubai South, and Ahmed […]