Abu El Naga Developments, a pioneering force in the UAE’s real estate sector, confirms in its newly released strategic outlook for 2026 that Dubai's property market has transcended all traditional growth frameworks to become the "vibrant pulse of the global economy." This transformation stands as a direct reflection of the exceptional developmental philosophy orchestrated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. At Abu El Naga Developments, we draw our inspiration directly from His Highness's words, which form the spiritual and material constitution for our corporate successes. His Highness has consistently affirmed in his strategic addresses with unwavering confidence: “Dubai’s real estate…

Walid Al Zarooni, Chairman of W Capital Real Estate Brokerage, has retained his 5-star ranking among real estate brokers in Dubai for 2025, for the fourth consecutive year, scoring 92.63 points.   According to the criteria of the Dubai Land Department (DLD), Walid Al Zarooni earned 25 points for the number of transactions completed through him, 20 points for total transaction value, 14.63 points for customer happiness, 25 points for compliance with real estate laws, and 8 points for real estate brokerage experience. The overall ratings considered “very strong” under the DLD ranking system.   Walid Al Zarooni also ranked among the top-performing Emirati real estate brokers in Dubai in 2025, after providing brokerage services for the sale of 166 property units,…

Abu Al-Naga Development has affirmed that Dubai's real estate sector posted unprecedented growth throughout 2025, underscoring its pivotal contribution to the emirate's economic momentum and urban transformation. This performance directly advances Dubai's ambitious vision to emerge as the global leader in living, working, investment, and innovation, fueled by a world-class investment environment and progressive government policies. The company referenced official Dubai Land Department (DLD) figures validating this stellar trajectory: aggregate property sales surpassed AED 624 billion by end-November 2025, including over 19,000 transactions in November alone valued at AED 64.7 billion—reflecting a 49.5% year-on-year value surge from November 2024. Sustained December vigor positions…

KHK Real Estate Development (KHK) has announced the launch of its newest project, “KHK 31,” situated in Dubai’s vibrant Al Warsan district. This milestone comes through a strategic partnership with On Plan Real Estate, aimed at bolstering luxury investment options in the Emirate’s dynamic property market. Strategic Alliance and Engineering Legacy For his part, Eng. Khaled Karimeh, Chairman of KHK Real Estate Development, underscored the company’s profound pride in its enduring strategic partnership with Consultant Ahmed Al Dawla, Chairman of On Plan Real Estate. He emphasized that this collaboration has yielded integrated milestones and a state of professional synergy, reaffirming the continuity of this alliance in future ventures. He attributed this…

In a landmark moment for the global real estate and luxury automotive industries, Binghatti Developers, Dubai’s largest and fastest-growing property developer, and Mercedes-Benz, the world-renowned luxury automotive brand, are coming together once again to unveil a new chapter of their iconic partnership: Mercedes-Benz Places – Binghatti City, a visionary development with an investment value of AED 30 billion. Following the international success of Mercedes-Benz Places Dubai, the two powerhouses return with a visionary collaboration that is set to reshape Dubai’s future. This new project marks Mercedes-Benz’s second branded residential development with Binghatti and introduces an extraordinary milestone for the developer: Binghatti City, the first masterplanned…

Binghatti is proud to announce a landmark achievement in the region’s luxury real estate sector with the sale of the most expensive penthouse in Dubai and the Middle East, valued at AED 550 million, at the iconic Bugatti Residences by Binghatti. The historic transaction was concluded by Binghatti’s Chief Sales Officer Abdullah Binghatti, setting a new world record for Dubai’s real estate market and achieves the highest price per square foot ever recorded in Business Bay, reaching AED 11,650 per sq.ft. Commenting on the achievement, Chairman Muhammad Binghatti states “Year to date, we have achieved the number-one position in Dubai’s real estate market, with more than 14,000 units sold, surpassing both public and private peers. As Dubai’s…

ORA Developers has broken ground on Bayn, its flagship 4.8-million-sq-m coastal community in Ghantoot region thatblends low-density residential living with resort-style amenities, a vibrant marina, sports facilities, and interconnected waterfront promenades.  Announcing the groundbreaking, Ora Developers said enabling works have begun on the 4.8-million-sq-m development strategically located between Dubai and Abu Dhabi with NMDC, a leading EPC contractor in the region, handling it. This marks the construction commencement and enables ORA to progress toward vertical construction for Phase 1 scheduled to begin in the second quarter of 2026. A total of 805 villas and townhouses will be built in the first phase, offering residents 10 distinct typologies, with a selection of 3-8…

Dubai-born Avenew Development is entering the branded residences space following a signed agreement with Marriott International to develop The St. Regis Residences at Dubai Islands.  The upcoming project is designed for the modern connoisseur, reflecting the developer’s forward-thinking approach to residential living, where every detail, from interiors to communal experiences, is crafted to inspire connection, elevate lifestyle, and define what it means to truly come home. Avenew Development’s selection of Dubai Islands for this seafront living project highlights its in-depth knowledge and established presence within this transformative area. With other major projects located on the islands, Avenew possesses a proven understanding of the location's potential,…

ABU DHABI - Abu Dhabi-based Zelo, formerly known as eFunder, said on Thursday it has received $715 million in capital from its parent, International Holding Company, to expand its financing services for small- and medium-sized businesses. Zelo provides small businesses and mid-tier suppliers with liquidity by converting approved invoices from government entities, large corporates and major regional businesses into working capital within 1 to 2 days. Smaller businesses in the Middle East usually face lengthy delays before being paid and often struggle to access traditional forms of financing. Zelo has to date funded over 12,000 transactions worth $225 million across many sectors including oil and gas, construction, infrastructure and retail. It is targeting $1 billion in gross…

Abu Alnaga Development, one of the leading developers in the UAE, announced the expansion of its land portfolio in Dubai. This strategic move aims to enhance its future projects and support expansion plans aligned with the emirate’s rapid urban development, to cope with Dubai’s vision for sustainable development and smart urbanization.   The company noted that they recently acquired a new portfolio of land in strategic locations including Al Jaddaf, Meydan Horizon, Al Furjan, Dubailand, and Dubai Production City, strengthening their ability to launch innovative projects in the residential and commercial sectors.   "These expansions come at a time when Dubai continues to solidify its position as one of the world's fastest-growing cities. The advanced investment…

MAAM Group, a prominent Abu Dhabi-based property developer, together with Metropolitan Capital Real Estate (MCRE), part of the Metropolitan Group, have launched Leaf Tower, a 56-storey residential landmark on Al Reem Island.  The launch event, held within the iconic building, marks the tower’s full transformation into a 100% residential, move-in-ready development in one of Abu Dhabi’s most desirable neighbourhoods. This collaboration combines MAAM Group’s dedication to innovative, sustainable development with MCRE’s extensive market expertise and expansive network, fuelling a focused sales effort for the completed and partially occupied tower. Leaf Tower stands out with its nature-inspired architecture and focus on contemporary, sustainable design. The…

The UAE-based developer, Arada, has agreed to acquire an 80% stake in Thameside West, a waterfront development in London’s Royal Docks.  The 12 billion dirhams ($3.26 billion) development will deliver at least 5,000 homes, with half of the site dedicated to green space and a kilometre of active waterfront.  The acquisition is Arada’s second large-scale investment in the London residential market, following its purchase of local developer Regal in September. The developer’s London pipeline now has 15,000 homes and plans to triple this to 30,000 units over the next three years.