The project, Sobha Siniya Island, aims to offer its residents a private waterfront neighbourhood, a peaceful community living, designated zones for non-motorised and motorised water vehicles, in sum ultra-luxury living experience amidst nature and eco-friendly amenities. It boasts a range of unique amenities, such as a family golf course, floating pavilion, event halls, helix bridge, light and water show, white sand beaches, mangrove and tide trail, fiesta square, community centre, eco park and a play zone. The agreement was signed in the presence of HH Sheikh Rashid bin Saud bin Rashid Al Mualla, Crown Prince of Umm Al Quwain at Al Diwan Al Amiri by Sheikh Mansour bin Ibrahim Al Mualla, Managing Director of Umm Al Quwain Properties, and PNC Menon, Chairman and Founder of Sobha…

UAE-based Ginco Properties has launched its key development, One Residence, being set up at an investment of AED1.2 billion ($327 million) in Downtown Dubai.   Unveiling the project, Ginco said One Residence, which is strategically positioned in the heart of Downtown Dubai, is a marvel of style created by Brad Wilkins, the renowned architect who has lived and worked across three continents, with reputed projects across Singapore, China and the USA. A specialist in building some of the world's most well known skyscrapers like Pearl River Tower in China and even the Burj Khalifa in Dubai, Wilkins said it was excited to be back creating another striking skyscraper in the iconic Downtown area. According to Ginco, the One Residence address shares the location with the best of…

Dar Global, the global development arm of Saudi-listed Dar Al Arkan, has signed up with The Trump Organization to launch Trump Tower Dubai in 2025.     The location and design will be unveiled by the end of 2024.   The tower will house branded residential units and The Trump Private, an exclusive members-only club. “This extraordinary development, situated in a prime location in Dubai, is set to establish new standards in luxury hospitality and residential living in the region,” according to a statement. The cost of the development was not disclosed.   Earlier this month, the two companies announced plans to develop a new project in Jeddah, Saudi Arabia.   Dar Global launched the $500 million Trump International Resort, Golf Club &…

Middle East investors are set to benefit from Barratt London's long-term drive to increase London’s green spaces. To date, the developer has created over 58 acres of greenery in the capital, equivalent to over 32 football pitches. While expanding green space across London, over the past five years, the developer has planted and retained over 64,500 trees and shrubs, supporting locals with cleaner air and greener environments. Studies have shown that those who live in close proximity to green spaces benefit from numerous health advantages, including lower levels of stress and cardiovascular disease. Barratt London's efforts not only enhance the appeal of the city’s real estate market but also align with global trends towards sustainability and eco-friendly living. These…

 Azizi Developments, a leading private developer in the UAE, has signed an agreement with International Foundation Group LLC, which specializes in deep foundation and ground solutions, for the piling, shoring, excavation, and dewatering works for Azizi’s second tallest tower in the world, Burj Azizi, located on a prime plot of land on Dubai’s Sheikh Zayed Road. International Foundation Group (IFG LLC) is a major Emirati expert in deep foundation and ground solutions, renowned for quality and timely project completion. IFG is the fastest-growing Middle Eastern micro-tunneling company, distinguished by its reliance on internal expertise and cutting-edge equipment from top European and Japanese manufacturers. The company offers a comprehensive suite of services including…

Dubai’s leading real estate developer Binghatti announced an immensely successful Sukuk tap on Monday, 8th of July. The Sukuk tap was linked to the developer’s debut February 2027 USD 300 million Sukuk issuance which was listed earlier this year on London Stock Exchange (ISM) and NASDAQ Dubai, and was over 200% oversubscribed. The recent tap brings Binghatti’s overall Sukuk deal size to USD 500 million. The recent tap witnessed record-breaking demand from both regional and international investors, reaching a remarkable level of approximately 4.2x oversubscription.   The continuous high demand and oversubscription levels of Binghatti’s Sukuk underscores the developer’s strong market position and robust global investor confidence in the Binghatti…

ABU DHABI - Aldar Properties announced today the sale of more than 660 units at Verdes by Haven - the apartment residence within the Haven by Aldar masterplan in Dubai – within 72 hours of its launch.   Haven by Aldar is the company’s first development in Dubai in partnership with Dubai Holding. Aldar generated over AED1 billion through its sales events. Expatriate residents and overseas buyers make up 83% of sales, with Indian, Egyptian and British passport holders representing the top three international markets by sales volume and emphasising Dubai’s position as a global destination for investment and relocation. The development also had strong uptake from UAE nationals, who account for the remaining 17% of sales. Female buyers represent 28% of sales, with…

leading Dubai-based developer Binghatti announces the early completion of Binghatti Corner, following closely on the heels of the recently completed Binghatti Emerald. Ribbon-cutting ceremonies were held to mark the early delivery of the projects in the presence of Binghatti’s Chairman, Muhammad BinGhatti. The project saw tremendous success after having sold out shortly after its launch and having been completed ahead of the scheduled delivery. This milestone is attributed to Binghatti’s state-of-the-art manufacturing facilities which allow the developer to maintain full control over construction materials and processes, ensuring uncompromising quality and craftsmanship in tandem with speed of execution in construction. “The back-to-back completion of Binghatti Corner…

DUBAI: In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, issued Decree No. (44) of 2024, promoting Marwan Ahmed bin Ghalita, CEO of the Real Estate Regulatory Agency, and appointing him as Director-General of the Dubai Land Department.   The Decree is effective from its date of issuance and will be published in the Official Gazette.

One Za’abeel, the iconic landmark developed by ICD (Investment Corporation of Dubai), proudly celebrates two Awards Of Excellence presented by the Council on Tall Buildings and Urban Habitat (CTBUH). The development received recognition in 2 categories, ranking it favourably against hundreds of the most prestigious and outstanding projects globally in the architecture, engineering, and construction (AEC) industry.   Regarded as one of the most prestigious international awards programs, CTBUH Annual Awards program recognises projects that make extraordinary contributions to the advancement of tall buildings. One Za’abeel is a winner of the Award of Excellence under the category of “Best Tall Building in the Middle East & Africa 2024” and the category of…

The hotel brings Spanish charm under the IHG Vignette collection to Dubai, and features its own coral reefs and a kilometre long raining street. Visitors can enjoy authentic Spanish cuisines at its six restaurants, indulge in wellness at The Arabian Spa, and even take a break in its snow plaza adding to the charm and allure of their stay  Kleindienst Group, a leading global business conglomerate and master developer behind The Heart of Europe, announced the launch of Marbella Resort Hotel, Vignette Collection by IHG Hotels and Resorts, on the World Islands, Dubai. The AED 1 billion five-star hotel draws inspiration from the architectural marvels of the Spanish resort town of Marbella, and is poised to bring the complete Costa Del Sol experience to the UAE with its distinct…

UAE-based Majid Al Futtaim has announced a major milestone with the sell-out success of the first phase of its Ghaf Woods, the first forest living community in the heart of Dubai and its newest development in the emirate.     Spanning 738,000 sq m of land near Global Village, Ghaf Woods boasts more than 7,000 premium units with one-, two- and three-bedrooms, as well as penthouses, overseeing pristine views of the forest ecosystem.   According to Majid Al Futtaim, the recent sell-out of the development’s first phase, consisting of 1,000 units, underscores the high demand for living in a natural environment.   Inspired by the principles of Nature Positive, a global model that aims to increase nature and green areas by 2030 compared to 2020, this initiative…