Entertainment

Arabian Gulf Properties: 37.4% Rise In Licensed Buildings Reflects Strong Momentum In Dubai Real Estate Market

Arabian Gulf Properties said the strong performance recorded by Dubai’s construction sector during the first half of 2026, including a 37.4% year-on-year increase in the number of licensed buildings, reflects continued momentum in urban development and sustained confidence in Dubai’s real estate market. According to Dubai Municipality data, the number of licensed buildings in the emirate increased from 3,134 in the first half of 2025 to 4,305 during the same period this year, representing an increase of 1,171 licensed buildings. Badar Rashid Al Blooshi, Chairman of Arabian Gulf Properties said: “These figures reflect the scale of development activity taking place […]

OMNIYAT Leads Palm Jumeirah’s AED 20mln -Plus Residential Market In H1 2026

OMNIYAT, a leading ultra-luxury real estate developer, continues to lead the way in off-plan sales above AED 20 million on Palm Jumeirah, ranking first across three key measures in H1 2026: transaction volume, highest-value transaction and highest price per square foot. During the first half of 2026, OMNIYAT recorded 14 qualifying transactions valued at AED 20 million and above. Within the segment, Palm Jumeirah’s highest-value residential transaction was recorded at The Alba Residences achieving AED 225.965 million, while OMNIYAT also secured the highest price per square foot at AED 11,227. The positive results highlight sustained demand from high-net-worth individuals (HNWIs) […]

DHG Properties Partners With Huspy To Simplify Home Financing For Customers

DHG Properties, a Dubai-based real estate developer and part of Swiss group DHG, has announced a strategic partnership with Huspy, the UAE’s leading mortgage provider and real estate platform, to provide Helvetia Residences buyers with a simpler, more transparent home financing experience. Helvetia Residences is DHG’s first residential project to be delivered in the UAE market, comprising 430 apartments in Jumeirah Village Circle. Through the collaboration, Helvetia Residences buyers will receive end-to-end mortgage support, from initial consultation and pre-approval through to valuation, final approval and disbursal. Customers will also gain access to mortgage products from more than 20 banks, with […]

Azizi Developments Hands Over Riviera 55 In Meydan

Azizi Developments, a leading private developer in the UAE, has officially handed over Riviera 55, marking another significant milestone in the delivery of Azizi Riviera, its flagship French Mediterranean-inspired master community in Meydan, Dubai. The occasion was marked by an official ribbon-cutting ceremony attended by senior representatives of Azizi Developments, project stakeholders, partners, brokers, and distinguished guests. The ceremony celebrated the formal completion of Riviera 55 and the beginning of a new chapter for its residents as they move into their new homes. Located in the heart of Meydan, Azizi Riviera is one of Dubai’s ambitious mixed-use waterfront developments, envisioned […]

Meraas And BGRE Break Ground On Solaya, A New Beachfront Community In Dubai

Meraas, a member of Dubai Holding Real Estate, and BGRE (formerly Brookfield Properties), today marked a key construction milestone by breaking ground on Solaya, the exclusive beachfront residential development in Jumeirah 1. The milestone marks Solaya’s transition from planning and design into the delivery phase, with groundworks now underway across the development. Swissboring Overseas Piling Corp. Ltd has been appointed to undertake the works, including shoring, excavation, piling and dewatering, with completion scheduled between September and November 2026. Solaya comprises 234 beachfront residences across nine buildings set within 40 acres in the heart of Jumeirah 1. The development includes a curated […]

Majority Of Dubai Homes Under Construction Already Sold As Demand Keeps Pace With Supply

The majority of homes currently under construction in Dubai have already been sold, with a new report today showing absorption rates of 90%-100% for thousands of apartments and villas to be completed this year. A market analysis by fäm Properties reveals that 564,072 residential properties are currently being built across Dubai, with the majority due for handover by 2028. Of these, 425,863 (75.5%) have been sold to date. The overall absorption rate for apartments is 74.1%, with 367,514 of 495,775 units sold, rising to 85.4% for villas, with 58,349 of 68,297 also sold. Of 96,585 homes to be delivered this year, […]

Casagrand Accelerates UAE Expansion With Plans To Develop Over 6mln sq. ft. In Dubai

Casagrand, one of India’s leading real estate developers with more than 22 years of delivery experience and over 200 completed and ongoing projects, today outlined its long-term growth strategy for the UAE, with plans to develop more than 6 million sq. ft. of premium residential and mixed-use space in Dubai over the next three years. The announcement follows a strong first year in the market. The company’s debut development, Casagrand HERMINA at Dubai Islands, is now 60% sold, while two additional projects are in the process of being signed before the end of the year. Casagrand is concurrently evaluating land […]

Dubai’s Real Estate Sector Completes 104 Projects Valued At Over AED111 Billion In H1 2026

Dubai’s real estate sector recorded strong growth during the first half of 2026, according to data released by the Dubai Land Department. A total of 104 real estate projects were completed, compared to 75 during the first half of 2025, representing an increase of more than 38.7%. The total investment value of these projects exceeded AED111 billion, compared to AED73 billion in the first half of 2025, marking growth of 52%. These results reflect the strength of Dubai’s real estate sector and growing investor confidence in the emirate’s economic environment. Dubai offers a distinctive global economic model underpinned by advanced […]

Nakheel Unveils Limited Collection Of 44 Beachfront Villas On Palm Jebel Ali’s Frond F

Nakheel, a member of Dubai Holding Real Estate, has unveiled a limited release of 44 beachfront villas from its Beach & Coral Collections, spanning 10 distinct architectural designs on Frond F at Palm Jebel Ali. The release represents one of the final opportunities to own a new beachfront villa on the destination’s fronds. The five-, six- and seven-bedroom residences are positioned directly along the shoreline, with direct beach access and uninterrupted views across the Arabian Gulf. The release brings together the Beach Collection and Coral Collection, offering two distinct interpretations of contemporary coastal living shaped by architecture, landscape and sea. […]