Dubai developer Binghatti proudly announces the acquisition of a state-of-the-art steel manufacturing facility in Dubai. The newly acquired steel factory marks a significant milestone in Binghatti’s commitment to innovation and excellence in the real estate industry.   The facility will be equipped with cutting-edge technology and will serve as the primary hub for Binghatti's proficient in-house team of designers, architects, and manufacturing experts to transform ground-breaking architectural design into top-tier hyper-towers. Design structures including elements of the iconic crowns featured atop of Binghatti’s latest mega projects Burj Binghatti Jacob&Co Residences as well as Mercedes Benz Places | Binghatti are expected to be manufactured in the…

Property prices in Dubai rose for the 15th consecutive quarter during the January-March 2024 period, mainly driven by affordable and mid-market communities. Analysts say that Discovery Gardens, Sports City and Dubailand apartments saw the highest increase in prices as demand from residents and foreign investors continued to keep the prices higher. The city is seeing villa owners renovating older units and reselling at notably higher prices to keep up with the demand. “There are no signs of capital values slowing down yet, with city-wide sales prices rising for the 15th consecutive quarter. City-wide sales prices are up by 20 per cent year-on-year and 66 per cent higher than the first quarter of 2020 (pre-Covid19),” said Prathyusha Gurrapu, director and head of research and…

UAE-founded real estate developer with global aspirations, Damac Properties, has announced brand-new office openings in Beijing and Singapore.       With its sights firmly set on global expansion, the office openings signal the brand’s push and significant investment and commitment to APAC.   As UAE’s largest private real estate developer with headquarters in Dubai since 1982, Damac has grown exponentially to an impressive diverse portfolio, including luxury real estate developments, hospitality experiences, data centres, retail, fashion, and capital markets. In December 2023, Damac announced plans to enter the Chinese market with its entry into Shanghai, capitalising on the growing demand for the UAE and Damac’s portfolio from Chinese HNWI and…

Aldar Properties (Aldar) unveiled Athlon, a first-of-its-kind “active living” community in Dubai. With top-notch amenities and a dynamic activity schedule hand-picked by wellness specialists, the development reimagines fitness-focused living to promote everyone’s long-term well-being and a strong sense of community. Athlon is the joint venture’s second ground-breaking residential project in Dubai, following the highly successful Haven by Aldar, which debuted in late 2023. It was developed in collaboration with Dubai Holding, a diversified worldwide investment company with holdings in 31 countries. Jonathan Emery, Chief Executive Officer of Aldar Development, said, “The unveiling of Athlon marks a definitive moment in our ambitious Dubai expansion…

Aldar Properties (Aldar) today unveiled Athlon, a first-of-its-kind "active living" community in Dubai.   Featuring world-class amenities, as well as a dynamic programme of activities exclusively curated by wellness experts, the development redefines fitness-focused living, with the goal of ensuring long-term wellbeing and a profound sense of community for all residents.   Developed in partnership with Dubai Holding, a diversified global investment company with investments in 31 countries, Athlon represents the joint venture’s second groundbreaking residential project in Dubai, building upon the resounding success of Haven by Aldar, launched in late 2023.   Jonathan Emery, Chief Executive Officer of Aldar Development, said, “The unveiling of Athlon marks a…

  Emaar Hospitality Group proudly announces the official opening of the much-anticipated Palace Dubai Creek Harbour. Situated on the creek’s shoreline, this five-star hotel offers unhindered waterfront views and showcases a glittering cityscape that unveils the Dubai Skyline from a new perspective.     To commemorate the launch of Palace Dubai Creek Harbour, the hotel is delighted to present a special offer: Enjoy 30% off on the Best Available Rates and a complimentary breakfast to elevate your stay. Reserve your stay from May 1st to May 31st, 2024, and enjoy your experience during the same period.       Dubai Creek Harbour is an ultra-modern waterfront neighbourhood along the historic Dubai Creek, connected to the city’s main roads by…

    One Za’abeel, the iconic mixed-use development developed by ICD (Investment Corporation of Dubai), is pleased to announce the launch of The Offices, its ultra-luxurious dual licensed corporate office spaces in One Za’abeel Tower. The Grade-A offices are set to become Dubai’s ultimate business address, attracting global and local organisations alike with its unique dual licensing for both Dubai World Trade Centre Free Zone (DWTC FZ) registered companies and those registered under the mainland.   One Za’abeel is comprised of two skyscrapers, One Za’abeel Tower and One Za’abeel The Residences, which are dissected by The Link, a 230m cantilevered building suspended 100 meters above the ground. The unique shape of the mixed-use…

A report released by the Sharjah Real Estate Registration Department states that in March 2024, 2,606 real estate transactions totaling AED 3.1 billion were recorded in the Emirate of Sharjah, spanning 8.1 million square feet. The report indicated that 837 sales transactions accounted for 32.1 percent of the total number of transactions, 333 mortgage transactions totaling AED 1.1 million accounted for 12.8 percent, and 1,436 other transactions totaled 55.1 percent of the total number of transactions. The sales transactions occurred in 97 areas, which were spread across different cities and regions of Sharjah. These areas included 247 built-in land, 240 subdivided towers, and 350 vacant lands. These assets comprised agricultural, commercial, industrial, and residential areas. With 156…

Binghatti Hills is an architectural masterpiece that embodies the spirit of tranquility and luxury living in the Dubai Science Park area. It includes a wide range of studios and luxury one- and two-bedroom apartments.The project is located in Al Barsha South 2 and has easy access to Al Khail Road, Umm Suqeim Road, Dubai Miracle Garden as well as the Mall of the Emirates will be within easy reach. Enjoy living at its finest in the 40-storey high-rise building, which offers residents mesmerizing views of the sparkling oceans. The design of each residential unit was carefully chosen to ensure comfort, enjoyment and luxury in residents’ living. In addition, the project contains a variety of facilities and amenities that include a swimming pool with a jacuzzi, a cinema amphitheater, a…

Binghatti Hills is an architectural masterpiece that embodies the spirit of tranquility and luxury living in the Dubai Science Park area. It includes a wide range of studios and luxury one- and two-bedroom apartments.The project is located in Al Barsha South 2 and has easy access to Al Khail Road, Umm Suqeim Road, Dubai Miracle Garden as well as the Mall of the Emirates will be within easy reach. Enjoy living at its finest in the 40-storey high-rise building, which offers residents mesmerizing views of the sparkling oceans. The design of each residential unit was carefully chosen to ensure comfort, enjoyment and luxury in residents’ living. In addition, the project contains a variety of facilities and amenities that include a swimming pool with a jacuzzi, a cinema amphitheater, a…

Reportage Properties, a leading UAE real estate developer, reported estimated sales at Dh2 billion since the beginning of the year until now.   Its sales exceeded Dh3.7 billion ($1 billion) during 2023, compared to Dh2.3 billion achieved during 2022, with a growth rate of 60 per cent.   Reportage Properties is organizing a special sales day at the Rosewood Abu Dhabi Hotel today.   The company is providing special offers on selected projects, including an offer of 10 per cent discount on all of their projects, with a 10 per cent down payment, and 1 per cent monthly installments until units handing off. There is also another offer that includes a 5 per cent discount, with a 5 per cent down payment, 1 per cent per monthly installments until unit hand off. The offer also…

UAE - Emirati developer Binghatti has announced plans to launch a new mega development in Dubai, comprising a total of 1,666 residential units and 21 retail spaces adjacent to Dubai Hills.   The landmark project, Binghatti Hills, is set to become the most expansive development within the community. The unveiling, on April 29, will be followed by a four-day sales event in Four Seasons Jumeirah, Dubai.   The project will draw inspiration from the natural contours of terrains. Binghatti Hills seeks to capture the serene ambiance of a rolling hillside and translate it into an architectural masterpiece that embodies the spirit of tranquility amidst the bustle of city living, said the developer.   “Binghatti Hills will feature private pools and lush sky gardens…