UAE - Samana Developers, an award-winning Dubai-based real estate developer with a growing international portfolio, has unveiled the AED220 million ($60 million) Samana Park Meadows project in Dubai Land Residence Complex in Dubailand.   With a sellable area of 160,461.31 square feet, Samana Park Meadows offers a premium lifestyle and is scheduled for handover in March 2028. The project comprises 221 units spread across 14 floors – studios, one-bedroom and two-bedroom apartments - with all units featuring private pools, resort-style living and high-quality finishes. Unit prices start from AED694,000.   Situated at the crossroads of E66 Dubai-Al Ain Road and E611 Emirates Road, the new project offers easy access to Dubai's sought-after destinations, including city…

  Sofitel, a pioneer of French luxury hospitality, has launched its first branded residences in the UAE, Sofitel Residences Downtown Dubai, introducing 70 residences that feature the combined services of a five-star hotel with the comfort of a home. Launched with Azha Development and Dubai Sotheby’s International Realty, the project is a stone’s throw from Burj Khalifa and Dubai Mall. Sofitel Residences Downtown Dubai provides access to world-class restaurants, cultural attractions, and renowned boutiques. Residents will experience a unique blend of Middle Eastern culture and modern French aesthetics, integrated into every living space.   "As we celebrate the 60th anniversary of the Sofitel brand throughout 2024, this project marks an exciting new chapter for…

Dubai-based Signature Developers has partnered with Devmark, the UAE’s leading real estate project sales and marketing consultancy, for the launch of the branded W Residences Dubai - Jumeirah Lake Towers.   Situated in the heart of Jumeirah Lake Towers - Dubai’s distinguished community known for its dynamic lifestyle - the project marks a significant contribution to the city’s luxury branded residences landscape and will set new standards for extraordinary modern living.   Developed by Signature Developers, The Residences are the latest addition to Marriott International’s W Residences portfolio, epitomising branded luxury living. With over 180 well-designed apartments, each offers a sanctuary of elite comfort, with 360-degree panoramic views…

Amaal, a pioneering real estate developer powered by Ayana Holding, has announced the launch of its debut development, Amaal 8, a high-rise residential project featuring 512 residences spread across 48 levels.   These include one- to four-bedroom apartments and luxurious Infinity Collection residences on the upper floors, each boasting superior quality finishes and thoughtfully planned layouts that epitomise elegance and functionality.   Located in the dynamic Meydan Horizon within MBR City, this mixed-use residential tower will set a new standard for elevated urban living that merges sophisticated design with environmental sustainability and unparalleled comfort, said the developer. Positioned against the tranquil backdrop of the Ras Al Khor Wildlife Sanctuary, Amaal 8…

With initial investments of $600 million RMS Capital Investment, the real estate developing alliance of three partners including an Emirati, Azerbaijani and Turkish companies, announced the launch of their first project from Dubai, which is a new phase of the Verdana project that Reportage Properties is developing in Dubai.   The alliance, which includes Reportage Properties from the UAE, the Turkish Mesa Holding and the Azerbaijani Sabah Investment Group, plans to pump initial investments estimated at $600 million in the three markets. The new move was disclosed at an international press conference held in Dubai this week to announce the future plans of RMS Capital Investment Real Estate, as the new company intends to launch their second project on the shores of the Caspian Sea…

* 9 exceptional months of sales topped AED 374 billion   * Highest quarterly sales ever during Q3 2024 exceeding AED 142 billion   *  The highest sales ever for September at about AED 43.3 billion   Walid Al Zarooni: = Dubai  real estate sector turned challenges into unprecedented achievements  = The real estate sector continues to break sales records on daily, weekly and monthly bases = Dubai 57 months cumulative real estate sales  make AED 1.3 trillion      A new survey  by the Dubai-based W Capital Real Estate Brokerage showed that real estate sales in Dubai reached an unprecedented record level in the first nine months of 2024, increasing by 35% to AED 374.44 billion, resulting from 130,412 transactions, compared to…

UAE - Khalifa Economic Zones Abu Dhabi – Kezad Group and UAE-based Azizi Developments have signed a 50-year land lease agreement for the establishment of 12 state-of-the-art factories in Kezad A (Kezad Al Ma’mourah). To be developed with an AED1 billion ($270 million) investment from Azizi Developments, the project will encompass the establishment of a reinforcement steel cut and bend facility, timber joinery and duct fabrication workshops, a modular factory, an aluminium and glass fabrication unit, as well as an aluminium extrusion factory. Spanning approximately 220,000 sq m, these facilities will make use of the given space equipped with advanced infrastructure for the design and development of essential equipment and parts to serve the needs of the real estate…

Accor, a world-leading hospitality group, has announced the signing of a groundbreaking new partnership with The Summary Executive Properties, for the world’s first standalone Swissôtel branded residences. Located on Dubai Islands, Swissôtel Waterfront Residences at Dubai Islands is expected to debut in 2027, offering 105 private homes alongside a mix of apartments and a penthouse. Meeting Dubai’s growing demand for stand-alone branded residences, Swissôtel Waterfront Residences at Dubai Islands will occupy a prime location in Nakheel’s upcoming master planned development. Dubai Islands offers views over the Downtown Skyline and Port Rashid, located 25 minutes from Downtown Dubai. Construction will soon commence on the residence component of the…

UAE-based leading developer Omniyat has officially announced the launch of The Alba, an AED7 billion ($1.9 billion) architectural masterpiece in Dubai designed by Zaha Hadid Architects (ZHA). Unveiled in front of a select group of VVIP customers during the recent Monaco Yacht Show, The Alba is being dubbed by Omniyat as the world's first premium garden retreat by the sea. Located on the Eastern Crescent of Dubai’s iconic Palm Jumeirah, it will provide private sanctuaries, offering uninterrupted views of Dubai Marina, Burj Al Arab and Burj Khalifa, said a statement from Omniyat. The Alba, Dorchester Collection, Dubai elevates luxury living, representing Omniyat’s boundless vision through a seamless blend of beachfront hospitality and ultra luxury residential experiences. It…

UAE - Luxury real estate developer AMIS has awarded the main construction contract for its AED425 million ($115 million) Woodland Residences project to Dar Al Aayan Contracting. The project, located within the District 11 of Meydan in Dubai, is scheduled for handover in April 2026. The development, which was 100% sold out within one week of its launch in January 2024, is located 12 minutes away from Downtown Dubai, and offers a 100-m swimmable lagoon reserved exclusively for residents. “We are thrilled to appoint one of the top contractors for this prestigious project,” said Neeraj Mishra, Founder and CEO of AMIS Properties. “With the exceptional cash flow from our quick sell-out, we are on track with our project milestones. The Woodland Residences is a testament to…

Al-Futtaim Real Estate, one of the region’s only private master developers with 60-years of experience as part of Al-Futtaim Group, has announced the launch of Al Badia Living in Dubai Festival City. This premium lifestyle community marks a new chapter for the area, positioning it as a top destination for living, working, and playing.   Al Badia Living offers over 340 generously sized and superbly appointed residential units, including one-to-four-bedroom apartments. With views of Al Badia golf course, Dubai Creek and Burj Khalifa, the development caters to singles, couples, and families, featuring resort-style amenities that set it apart.   Residents can enjoy state-of-the-art health and fitness facilities including an extensive gym featuring Life Fitness equipment;…

Property Finder, a leading real estate portal in the Mena region, has announced the successful divestment of its CRM business, PropSpace, as part of its strategic refocus on delivering enhanced value to its core customer base. This move reinforces Property Finder's commitment to streamlining its operations and doubling down on its core mission: empowering consumers to make informed real estate decisions. PropSpace, will now operate as an independent entity, offering unparalleled solutions to real estate professionals in the UAE. The newly created company will be led by Patrick Caulfield, who joins as Chief Executive Officer. Caulfield was previously Managing Director of Arthur Online, one of the UK’s leading property management CRMs which was acquired by Aareon, Europe’s…