BURTVILLE Developments has announced the progress on its “VILLE 11” project in Masdar City, Abu Dhabi. The development, which comprises 111 residential units, has reached 33% completion, according to “DARI”, the Abu Dhabi Department of Municipalities and Transport’s platform. The company also confirmed the commencement of construction work on three additional projects in Abu Dhabi: “VILLE 12” in Masdar City, along with Bab Al Qasr Residence 25 and Bab Al Qasr Residence 31, both located in Yas Bay, Yas Island. Site preparation, foundation work, and excavation support are already underway. BURTVILLE emphasized its commitment to delivering “VILLE 11” on schedule, with units set for completion and handover by Q3 2027. Spanning over…

SHARJAH - Sharjah’s real estate has recorded a high volume of real estate transactions during November 2024, which reached AED4 billion, and with a total number of 4,606 transactions covering 20.4 million square feet. With these strong statistics and the directives of wise leadership, Sharjah continues to consolidate its position as a vital real estate centre and one of the best economic regions in the world, known for its cultural and environmental diversity, while preserving its heritage character that combines authenticity and modernity. The emirate also provides a legislative environment that supports the real estate sector and stimulates investment, with great competitive prices compared to other emirates, making it an ideal destination for individuals and families looking…

Meraas, a member of Dubai Holding Real Estate, has announced the key handover of the ultra-exclusive Bvlgari Ocean Mansions on Jumeira Bay Island. This marks a major milestone in the completion of this high-profile project by the premier developer Meraas and world-renowned luxury brand Bvlgari, delivering an exclusive residential area in one of Dubai’s most desirable waterfront areas, said a statement from Meraas. These mansions reflect Bvlgari’s Mediterranean-inspired aesthetic and refined elegance that can be seen throughout Jumeira Bay Island, which is an exclusive enclave for high-net-worth individuals seeking secluded waterfront properties. Designed by the acclaimed Italian architecture firm Antonio Citterio Patricia Viel and constructed by Innovo Group, the mansions…

Qube Development, a leading international real estate developer, has announced the launch of off-plan sales for Arisha Terraces, a new residential development located in Dubai Studio City. The third project of Qube, Arisha Terraces features 419 modern units, spanning across four low-rise buildings, 122 different apartment layouts, and a range of studios, one- and two-bedroom apartments. Inspired by the Arabic word for 'pergolas,' Arisha Terraces draws inspiration from natural surroundings, incorporating eco-friendly practices, said the developer in a statement. This includes solar panels on the roof to reduce energy consumption, costs and trim service charges, as well as filtered and drinkable tap water in all units and common areas, reducing plastic waste. The low-rise buildings also…

Binghatti Developers has once again solidified its reputation as the UAE’s fastest property developer by delivering six major residential projects in record time. Featuring 2,062 luxury units across Jumeirah Village Circle (JVC), this achievement showcases Binghatti’s exceptional ability to meet Dubai's ever-growing demand for high-quality real estate. The rapid execution of these projects reflects Binghatti’s commitment to innovative design, architectural excellence, and unmatched delivery timelines, reinforcing its position as a leader in Dubai’s competitive real estate market. Revolutionizing Real Estate with a New Project Portfolio Binghatti’s latest delivery comprises six meticulously designed projects, Binghatti Orchid, Binghatti Amber, Binghatti…

UAE-based AARK Developers has appointed Atlas Foundations as the enabling contractor for its flagship project, Sora Beach Residences, a AED4 billion ($1.1 billion) luxury beachfront development on Al Marjan Island in Ras Al Khaimah. Atlas Foundations, a leading UAE-based contractor, specialises in advanced piling and foundation solutions, and has a proven track record of delivering exceptional groundwork for iconic developments, including projects in Dubai Marina and several large-scale industrial complexes across the UAE. It is renowned for its expertise in deep foundation engineering, ground improvement, and sustainable construction methods, said a statement from AARK Developers. This appointment marks a key milestone in the development of the UAE’s ultra-luxury lifestyle…

The Dubai property boom will continue to drive house prices up by 8% in 2025, underpinned by a shortage in supply, according to a new report by property consultancy Knight Frank. The ‘Dubai Residential Market Review: Special Edition’ study reveals that house prices across the emirate currently stand 19.9% higher than the same time last year, “evidenced by the surge in property transactions throughout 2024.” In Q3 2024, the number of transactions reached 47,269, the highest quarterly figure on record, Knight Frank said, indicating a 41.8% increase compared to the same period in 2023. The total value of deals between January and September 2024 exceeded 306.3 billion UAE dirhams ($83.4 billion), with a 36% increase over the same period in 2023. In Q3 alone, sales…

UAE - ONE Development, a boutique real estate developer with offices in Abu Dhabi and Dubai, has announced the complete sell-out of Phase One of its flagship project, Laguna Residence, within less than a month of its launch. The milestone reflects strong investor confidence in Dubai’s real estate market and the innovative appeal of the project. Located in the heart of Dubai’s City of Arabia, Laguna Residence is the UAE’s first AI-integrated residential community. The development features the region’s first sandy beach lagoon on a podium surrounded by landscaped greenery. The project offers a variety of units, including studios, three-bedroom apartments, duplexes, and ‘Skyhomes’, all with panoramic views of the Dubai skyline. Residents will…

Saeed Tarrad Development, a Dubai-based real estate developer, announced the launch of the Mackerel Tower, their latest pioneering project, to set a new standard for luxury living style.  The project, in the Dubai Islands, will be built in a strategic location in one of the most attractive destinations for real estate investment in the Emirate of Dubai. Mackerel offers a wide and unique range, as it is the first project in Dubai to include a 600-meter indoor jogging track, in addition to a variety of luxury services and facilities, such as health clubs, swimming pools, and children's play areas.   Ninety per cent of the units in Mackerel, which enjoys panoramic views of the Arabian Gulf, has been sold out shortly after its launch, as the Dubai Islands area is an attractive…

DUBAI: Dubai South Properties has announced the sell out of South Living Tower, its luxury apartment development at The Residential District in Dubai South. Construction for the project is already underway, following the appointment of the main contractor in September. Expected to be completed by Q1 2027, the project will feature 209 spacious units, including studios, 1-, 2-, and 3-bedroom apartments, as well as special-terraced units, offering a mix of indoor and outdoor living experiences. Project amenities include a swimming pool and deck area, state-of-the-art gymnasium, sauna, a versatile multi-purpose room, a kids’ library, a yoga deck, BBQ area, gazebo seating area, and artistically landscaped elevated gardens offering an oasis of comfort and luxury. Nabil Al Kindi, CEO of…

UAE-based Almal Real Estate Development said it has completed work on the first residential unit within its exclusive luxury villa collection, Harrisoni La Mer in Jumeirah, Dubai. Nestled in the Jumeirah 1 neighbourhood on La Mer South, the Harrisoni La Mer Villas by Almal Real Estate Development epitomise oceanfront opulence, creating a new level of privacy, comfort, and pure indulgence, said the Emirati developer in a statement. Set within La Mer Maison, a private gated community just 100m from Dubai shoreline, each of these fully furnished five-bedroom villas boasts two service bedrooms, thus redefine luxury living. Designed by XBD Collective, each villa is inspired by Miami-style architecture, embodying the essence of a serene, sun-drenched lifestyle, with hints of Arabic…

UAE-based group K-Mavins has announced that it has successfully handed over its luxurious residential project, Terrases Marassi Drive, located in Dubai's Business Bay. An AED400 million ($109 million) project, Terrases Marassi Drive features a range of unique amenities developed with the highest standards of quality and luxury in addition to the stunning views of Dubai Canal and Burj Khalifa. These include private pools, a fully equipped fitness centre, oxygen rooms, Himalayan salt rooms and ice rooms. Speaking on the occasion, K-Mavins Group Chairman Munther Al Ali said its investments in the UAE have reached nearly AED1 billion ($272 million) over the past three years, reflecting the increasing confidence in Dubai's real estate market. "Dubai’s real estate market has…