Developer News

Azizi Developments, a leading private developer in the UAE, has announced its partnership with Dubai-based design consultant firm Dezign Technic for signage and wayfinding designs in its approximately AED 30 billion mixed-use development, Azizi Venice, located in Dubai South.   DezignTechnic, headquartered in Dubai, and with additional offices in the United Kingdom, Qatar, Lebanon, and Egypt, is a comprehensive specialist design firm. With over two decades of experience, DezignTechnic excels in crafting top-tier wayfinding and placemaking solutions tailored to various sites and facilities.   Mr. Farhad Azizi, Chief Executive Officer of Azizi Developments, said: “We are thrilled to be partnering with the highly-acclaimed and also homegrown Dezign Technic for Azizi…

Dubai-based private developer Samana on Thursday launched the Samana Lake Views Project worth Dh1 billion as the group aims to invest Dh12.5 billion investment into UAE real estate this year.   Located in Dubai Production City, the twin towers span over a 794,000 square feet plot and offer 1,006 apartments which include studios, one and two bedrooms. The project is slated for October 2027 completion.   “Samana’s new project is the beginning of an expansion to a new dimension of designs that are planned to be built near the waterfront developments. Developing our projects near the waterfronts are in response to the demand from our investors who prefer the resort-style communities as well as the prices that are within the reach of buyers and end-users,” said…

Select Group, a leading real estate developer headquartered in Dubai, has announced the launch of Six Senses Residences Dubai Marina, marking a new chapter in ultra-luxury living.       This significant milestone in architectural excellence is set to claim the title of the 'tallest residential tower globally' as it reshapes the Dubai Marina skyline, reaching a height of 517 metres, said a statement.       The development follows the successful partnership between Select Group and Six Senses for the award-winning Six Senses Residences The Palm, Dubai and signifies Six Senses' first standalone residential development.       Strategically located in the vibrant Dubai Marina district, the ultra-luxury 122-storey development embodies the…

Azaan Khan, the Chief Executive Officer of Dugasta Properties, has made a mark with unprecedented success backed by innovative solutions that helped the company sell out projects one after the other in quick succession.   Still in his 20s, he is the new leader of Dugasta Properties and has made his mark in the first few months by selling out both projects of Al Haseen Residences in Dubai Industrial City (DIC) by introducing a game-changing and innovative five-year 50 percent rental guarantee supported with a buy-back option that is too good for property buyers to resist.   Azaan Khan's visionary leadership has played a pivotal role in propelling Dugasta Properties to the forefront of the real estate industry, marking a new era of innovation and…

UAE - Private developer Amwaj Development has entered the Dubai real estate market with the launch of its first project to cash in on the rising demand for the property market. The Starlight Park is a four-building freehold community in Meydan, offering 172 apartments including 1, 2 and 3-bedroom units. The completion date for Starlight Park is set for the second quarter of 2026. The developer plans to launch a few more developments which will see over 1.5 million square feet this year. “Dubai’s real estate market has been growing rapidly over the last 3 years and we felt it is time for us to establish a strong base in this market which is expected to continue its growth trajectory for many years to come. Starlight Park is the first of several new projects that we plan to…

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 interwoven into the fabric of…

ARA Real Estate Development, a Core Holding subsidiary, proudly assumed the full development and management responsibilities for the Arabian Hills Estate during an exclusive event recently held in Madinat Jumeirah last night. DECA Properties will be the exclusive sales and marketing partner for this ambitious 244 million-square-foot project in Abu Dhabi. This partnership marks a significant step towards realizing the vision of Arabian Hills Estate and aligns with the capital city’s 2030 vision for sustainable development and community-centric living. Arabian Hills Estate is a master-planned, gated community that embraces innovation and sustainable living. It offers open, freehold ownership, appealing to a diverse clientele seeking a modern lifestyle. The project incorporates…

Dubai real estate market is playing a very important role in the emirate’s economic growth. The fundamentals of the property sector are very strong and it is gaining acceleration after the successful conclusion of the Expo 2020 Dubai, said Firas Al Msaddi, Founder & CEO of fäm Properties at the launch of his first book ‘The Art of Real Estate Investment – From Entry to Exit’. Adding another facet to his dynamic personality, the real estate tycoon, deep dives into Dubai’s real estate investment portfolio to lay out the nuances and help readers make the right decisions through knowledge and negotiations. The book provides a complete roadmap to investors about the right decisions of entry and exit to the market and outlines various tips and methods to…

Private developer Amwaj Development has entered the Dubai real estate market with the launch of its first project to cash in on the rising demand for the property market.   The Starlight Park is a four-building freehold community in Meydan, offering 172 apartments including 1, 2 and 3-bedroom units.     The completion date for Starlight Park is set for the second quarter of 2026.   The developer plans to launch a few more developments which will see over 1.5 million square feet this year.     “Dubai’s real estate market has been growing rapidly over the last 3 years and we felt it is time for us to establish a strong base in this market which is expected to continue its growth trajectory for many years to come. Starlight Park is the…

In the Dubai Hills district, developer Binghatti, based in Dubai, is starting a brand-new, massive real estate project. The development known as Binghatti Hills is expected to be the biggest undertaking in Dubai Hills, encompassing 1,666 residential units spread over an extensive land area along with 21 retail spaces. The Four Seasons Jumeirah in Dubai will host a four-day sales event after the project’s unveiling ceremony on April 29. First glimpses of Binghatti’s ambitious plans to create a historic development for the Dubai Hills community will be given at the ceremony. According to a statement from the developer, Binghatti Hills takes its architectural cues from rolling hills and seeks to emulate the peace of hillsides. It will have private pools and verdant sky gardens…

The Emirati developer Binghatti is launching a new mega development in Dubai. The landmark project Binghatti Hills is set to become the most expansive development within the community. The unveiling of this project will be held on the 29th of April followed by a four-day sales event in Four Seasons Jumeirah, Dubai.   The exquisite project will comprise a total of 1666 residential units and 21 retail spaces. Drawing 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.   Binghatti Hills will feature private pools and lush sky gardens interwoven into the fabric of the architectural…

Dubai developer highest ever property sales of Dh40.3 billion for 2023 The Annual General Meeting (AGM) of Emaar Properties PJSC was held in Dubai on Monday, April 22, 2024, where shareholders approved the Board of Directors’ proposal for a notable dividend of 50 fils per share amounting to Dh4.4 billion ($ 1.2 billion), underscoring the company’s robust profitability and commitment to shareholder returns and reflecting the company’s strong financial health. Both the auditor’s report and the board’s report on the company’s activities and financial position for the year 2023 were approved at the meeting.   At the AGM, the board of directors reported the company’s strong performance in 2023 and discussed the rigorous measures taken to ensure…