Dubai South has agreed with BT Holding LLC to develop a gated master community within its Golf District near Al Maktoum International Airport. HE Khalife Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Ahmed Ali Riaz Malik, Group Chief Executive Officer, signed the agreement. The signing occurred in the presence of key stakeholders, including Nabil Al Kindi, CEO...
By Q4 2027, AQUA Properties' $129 million residential construction, The Community Sports Arena, will revolutionize urban life in Dubai Sports City. With 396 apartments spread across 22 stories and 66,000 square feet, the property is designed for contemporary professionals and includes apartments with dedicated home offices. The development will feature over 15 amenities, including a rooftop pool with...
Introduction: Dubai's Innovative Real Estate Strategy 3D-printing technology could support Dubai's ambitious real estate and construction targets. In line with the Dubai Real Estate Strategy 2033 objectives, which aim to strengthen the city's position as a global hub for real estate investment, The 3DXB Group underlines its dedication to offering creative solutions that propel sustainability and technical...
The Land Department reports that last week's sales in the Dubai real estate market totaled AED13.55 billion ($3.7 billion). According to Land Department data, sales dominated the figures, with AED10bn ($2.7bn). Between November 25 and November 29, 3,110 sales transactions were registered overall. Dubai real estate this week Among the most expensive sales transactions mentioned on the Land...
The Dubai International Financial Court (DIFC) revised the Application Law, periodically called the Application of Civil and Commercial Laws in DIFC. The financial center also said it would amend the DIFC Real Property Law and Regulations. These include a new mortgage registration fee of 0.25% of the value of the mortgage being registered by a purchaser of real property. Extended Registration Period To...
The Luxe Developers has launched La Mazzoni, an AED2.3 billion real estate development on Al Marjan Island in Ras Al Khaimah. Project Details and Design With pricing starting at AED 1.9 million, the property offers completely furnished residential options ranging from flats to penthouses. Designed by Dewan Architects + Engineers, the development spans over 1.5 million square feet and draws inspiration...
Real estate developer Expo City Dubai has unveiled phase two of its Sidr Residences apartment development following the success of the first tranche. Units across all its residential projects have sold out fast. Continued Construction and New Contractor Appointment Construction across the city's residential projects is continuing at pace. Expo City Dubai also announced the appointment of ABR Al...
Dubai-based AMIS Development has signed a Memorandum of Understanding (MOU) to secure up to AED5bn ($1.4bn) in funding from Singaporean investment fund First APAC Fund VCC (Fund). The cooperation reflects the Fund's faith in Dubai's real estate market and AMIS Development's track record of producing high-end luxury developments. Customers, investors, and partners have already expressed interest in...
The Dubai Real Estate Corporation (DREC) and its subsidiary, Wasl Group, reported a 28% growth in revenues for the first 10 months of this year compared to the same period in 2023. Strategic Vision and Portfolio Through its innovative real estate projects, Wasl Group aims to support the goals of the Dubai Economic Agenda D33 to double the city's economy and transform it into one of the world's top three...
Dubai's real estate market has always been an attractant to investors, yet this time its reach a landmark milestone: with total sales surpassing Dh50 billion. Dubai proves itself once more as an attractant to global investors looking for profitable investments with vibrant lifestyle offerings, let's find out more. Why Dubai Real Estate Is a Prime Destination for Global Investors Dubai leads when it comes...
Development of real estate in Dubai According to Keturah, sales of Keturah Reserve and The Ritz-Carlton Residences, Creekside, Dubai, totaled AED6.1 billion ($1.7 billion) in 2024. At Keturah Reserve, the luxury residential development in Meydan, all townhouses have been sold, while 60% of residences and 93% of plots were sold respectively. In 2025, the company will launch 26 luxury villas for...
According to Dubai real estate company IMAN developers, the One Park Square property in Jumeirah Village Circle (JVC) sold out in under four hours. One Park Square, valued at AED320m ($87m), is IMAN developers’ 14th development, scheduled for completion in the second quarter of 2028. Ismail Marfani, CEO of IMAN Developers, said: “The overwhelming demand for One Park Square demonstrates the appeal...
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