Developer News

UAE - MAG Group Holding, the multinational conglomerate, has announced its portfolio of current and under development projects across its different real estate subsidiaries has reached AED 43.7 billion ($11.9 billion). MAG Group Holding’s real estate subsidiaries include MAG Lifestyle Development, Keturah, Invest Group Overseas (IGO), MBL, Shoumous, Art of Living Mall and MAG Leasing for warehouses. Moafaq Al Gaddah, Founder and Chairman of MAG Group Holding, said: "The UAE's real estate sector is witnessing unprecedented demand, driven by the strategic vision and initiatives of our wise leadership. The government’s ongoing efforts to foster a favourable investment climate have made the UAE a preferred investment destination for global investors. We take pride in our…

Pinnacle Developers has partnered with Devmark, a premier real estate project sales and marketing consultancy in UAE, to launch Vitalia Palm Jumeirah Residences, an exclusive waterfront development on the prestigious shores of Palm Jumeirah. Located on the East Crescent of Palm Jumeirah, Vitalia rises nine stories and features 45 exquisite residences, ranging from spacious two- and three-bedroom apartments to lavish four-bedroom duplexes and penthouses. As per the deal, Devmark will be the master agent for the sales and marketing of the project, which embodies the Italian art of ‘La Dolce Vita’—the good life—through its sophisticated design and stunning vistas towards the Arabian Gulf. Crafted by Model, the architects behind this stunning project, and featuring…

Marjan, the master developer of freehold properties in Ras Al Khaimah, has partnered with Ras Al Khaimah Economic Zone (Rakez) to develop RAK Central HQ Office Complex at its upcoming progressive mixed-use destination, RAK Central, in the northern emirate. RAK Central HQ consists of five sustainable office buildings, to be completed by the last quarter of 2026. Spread over 435,000 sq ft, the upcoming RAK Central HQ Office Complex offers over 800,000 sq ft of innovative workspace with open floor plans and terrace seating areas to enhance productivity and well-being. According to Marjan, the LEED Gold certified towers will serve as the headquarters of several key entities including Rakez, Marjan, RAK Hospitality Holding, Al Hamra and Ras Al Khaimah Tourism Development…

Dubai’s reputation as a hub for luxury real estate continues to grow, attracting global icons like Brazilian football star Neymar Jr. who recently acquired an AED 200 million high-end penthouse in the ultra-luxurious Bugatti Residences by Binghatti, the world's first and only Bugatti-branded residences. As one of Dubai’s most exclusive and highly sought after residences, Bugatti Residences features Business Bay’s first ever French Riviera inspired private beach. Paying homage to Bugatti’s pursuit of creating the incomparable, the ultra-luxury residential project also features a plethora of amenities that boast highly sophisticated design and technical feats including a private car elevator, allowing a number of penthouse owners to park their automobiles in their…

UAE -  Kasco Developments – the latest venture of the Kasco Group – has launched ONDA, its newest residential project located in the Business Bay district of Dubai. With an investment exceeding AED 500 million ($136 million), ONDA is set to redefine urban living by prioritising wellness and community engagement, aligning with Kasco’s vision to inspire and elevate lifestyles. As part of Kasco Developments’ ambitious pipeline, which aims to deliver 1 million sqft residential space by 2025. This exclusive 23-floor freehold community features 348 thoughtfully designed residences, including 85 studios, 190 one-bedroom plus apartments, 69 two-bedroom units, and four luxurious three-bedroom penthouses, all crafted with an emphasis on spaciousness, warmth and…

  Nakheel, a member of Dubai Holding’s pioneering real estate arm Dubai Holding Real Estate, today announced the highly anticipated release of its latest luxury residences at Palm Jebel Ali: The Beach Collection – an exclusive collection of 10 bespoke beach villa styles. Crafted by world-leading architects, this latest release brings to market a new level of elegance in the heart of Dubai's most coveted island destination. Situated on prime beachfront locations along the fronds of Palm Jebel Ali, these five- and six- bedroom villas, ranging from 7,300 sq ft to 8,500 sq ft, offer unparalleled privacy and exclusivity. Residents will enjoy direct private beach access, seamlessly blending luxury living with breathtaking coastal beauty. The Beach Collection showcases 10…

UAE-based Reef Luxury Developments, a pioneer in innovative real estate solutions, has announced the launch of Reef 1000, a transformative boutique project featuring 125 unique homes located in the Dubai Land Residential Complex. An AED175 million project, Reef 1000 offers a variety of floor plans, including studio units with four different ranges, a one-bedroom unit with eight types, two-bedroom units with six types as well as exclusive duplex townhouses with four types. The residential properties at this new development boast a range of premium amenities including a patented, integrated climate-controlled sunken gardens. A one-of-a-kind in the world, the sunken gardens provide a practical solution for outdoor living in the UAE’s challenging climate. It represents a significant…

LEOS Developments, an award-winning British real estate developer, has unveiled its groundbreaking residential community - Kensington Gardens - in Dubai that offers residents a modern luxury living with a blend of British craftsmanship and forward-thinking design. The key development features a range of high-end 3-5 bedroom townhouses and expansive 6-7 bedroom villas, each equipped with smart home systems, hydroponic vertical gardens, and energy-efficient features such as solar water heating and LED lighting. Inspired by the timeless elegance of crystal, every detail of the project is crafted to elevate the living experience, said LEOS Developments in a statement. Combining sophisticated open-plan layouts with a touch of boutique charm, the community is designed to foster an…

Deyaar Development PJSC (Deyaar) has launched RIVAGE — its first residential project on the prestigious Al Reem Island in Abu Dhabi emirate. The launch marks a key milestone in the strategic partnership between Deyaar and Arady Properties PSC. The development offers the perfect blend of luxury living, breathtaking views, and world-class amenities while integrating sustainability within a master peace architectural design. RIVAGE offers a range of residential options, providing flexibility for both investors and families, featuring 1, 2, and 3-bedroom luxury residences, opulent duplexes, bespoke Sky Villas and the celestial Sky Palaces. Construction for RIVAGE is scheduled for completion in Q4 2027, according to a company press release. Commenting on the launch, Saeed Mohammed Al…

Nabni Developments, a leading developer in Dubai, has announced the launch of its latest residential project within Al Furjan community - Avenue Residence 7 by Nabni - featuring 166 luxury apartments with a mix of one- to three-bedroom units as well as key Emirati-inspired amenities and a serene outdoor Ghaf garden. Conveniently located within walking distance of the Discovery Gardens metro station in the vibrant Al Furjan community, Avenue Residence 7 is the first Emirati-inspired off-plan project from Nabni in Dubai and has easy access to the major highways. It comes following the successful sale of Avenue Residence 1-6, said the developer in a statement. The luxurious 12-storey apartment building represents a new chapter in Nabni's success story. Featuring an Emirati-inspired facade…

RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, has announced the release of the final phase of Quattro Del Mar, its iconic waterfront development in Mina Al Arab. This follows the successful launch of the project during 2024 and subsequent to rapid sell-out of released units. RAK Properties’ flagship waterfront community, Quattro Del Mar is a key addition to the destination’s holistic vision for urban island living. The development’s appeal lies in its diverse range of residences - from studios and one-bedroom apartments to spacious Sky Duplexes and Garden Townhouses - offering an exceptional island living experience. Residents will also enjoy a unique blend of premium amenities and easy access to the exclusive Nikki Beach Resort…

The launch of Binghatti Skyrise has set a new benchmark in Dubai's real estate market, with 50% of its units sold out within the first 24 hours. This remarkable demand highlights the appeal of this one-of-a-kind development. The exclusive unveiling event, held at The Meydan Hotel’s Sky Bubble on October 30th, drew over 5,000 guests, including prominent investors and high-net-worth individuals from the region. Binghatti revealed the project location with a stunning light display that illuminated the Dubai skyline, symbolically marking the project’s place in the city’s future. “Binghatti Skyrise is more than just another development; it’s a statement in Dubai’s evolving luxury landscape,” said Muhammad BinGhatti, Chairman of Binghatti. “The…