Kasumigaseki Properties Development, the development arm of Japan’s Kasumigaseki Capital, which is listed on the main market of the Tokyo Stock Exchange, has announced its transition from investing in real estate to developing its own projects in the UAE, and will reveal details of its first projects in the country soon.Founded in 2011, Kasumegase, it was listed on the growth market in 2018 and then moved to the main market of the Tokyo Stock Exchange in 2023. The company operates in sectors including hotels, logistics, overseas markets and healthcare.According to a recent press release, the company relies on three Japanese values of quality, tranquillity and innovation, while the parent group announced 135 projects, and the total value of its portfolio of projects and assets…
Developer News
Binghatti announced that global football star Karim Benzema has acquired several residential units within Mercedes-Benz Places | Binghatti City, including a luxury residence at Vision Iconic Tower, the largest tower within the masterplan. The announcement was made during the grand launch of Vision Iconic Tower at Coca-Cola Arena, Dubai, attended by prominent business leaders, leading investors and VIP guests. The event featured the official signing between Karim Benzema and Abdullah Binghatti, Chief Sales Officer of Binghatti, in the presence of Muhammad Binghatti, Chairman of Binghatti, alongside senior dignitaries and members of the Board of Directors. The acquisition comes amid strong sales momentum for Binghatti, driven by growing demand for its developments among global…
Burtville Developments has officially launched its latest residential development, «Bab Al Qasr Beach Resort Residence 77», situated on the waterfront of Al Reem Island in Abu Dhabi. The launch event featured the unveiling of the architectural model and a comprehensive overview of its residences and resort amenities, attended by key members of the UAE’s real estate brokerage community, with project completion scheduled for Q4 2031. Spanning a 17,534-square-meter site, the development occupies a rare beachfront plot with direct beach access and dedicates 73% of its total area to landscaped green spaces. The project offers seamless connectivity to Saadiyat Island, the Dubai highway, Abu Dhabi Global Market (ADGM), the Cultural District, and downtown Abu Dhabi, while 92%…
Cosmo Developments, a joint venture between Abu Dhabi-based Flag Holding Group and Reportage Group, has launched THE WADI, a mixed-use residential development on Yas Island with an estimated investment of AED 6 billion. Cosmo Developments is fully managed and powered by Reportage Group. Overseen by Reportage Group from development and delivery through to long-term management, THE WADI occupies a plot area of approximately 140,700 square metres. It comprises 3,950 residential units, including studios and one-, two- and three-bedroom apartments, alongside commercial, recreational and sports facilities, as well as a hotel planned within the master plan. Conceived as a nature-led destination, THE WADI draws inspiration from the UAE’s enduring landscapes and the journey of water…
Walid Al Zarooni: More than 40,000 rental contracts in a single month confirm Dubai has become a destination for living, working, and investing. The "Easy Rental" initiative has strengthened market flexibility and enhanced residents' quality of life. Today's rental market stability reflects the strength of Dubai's economy, forward-looking regulations, and sustained end-user demand. Dubai, UAE – July 15, 2026 Dubai's rental market has entered a new phase of sustainable growth after recording its highest-ever monthly rental activity, according to W Capital Real Estate Brokerage, highlighting the emirate's growing appeal as one of the world's leading destinations for investment, business, and long-term residency. The company said that the registration of…
W Capital: Airport Expansion, Strong Off-Plan Sales and Corporate Growth Position Dubai South as Dubai’s Next Major Investment Hub Dubai, UAE – July 10, 2026: Dubai South is rapidly consolidating its position as one of Dubai’s fastest-growing real estate markets, supported by large-scale government infrastructure investments, expanding economic activity and sustained demand for residential developments, according to a new market report released by W Capital Real Estate Brokerage. The report said the district has moved beyond its status as an emerging community to become one of Dubai’s most active real estate growth corridors, underpinned by the expansion of Al Maktoum International Airport, continued investment in logistics and commercial infrastructure,…
Dubai's real estate market achieved sales exceeding AED 286bn during the first half of 2026, marking the second-highest half-year sales in the emirate's history, a W Capital report revealed. This performance is surpassed only by the first half of 2025, which recorded sales of AED 326.6bn, according to the report, which is based on data from the Dubai Land Department, DLD. The sales figures included more than 86,000 transactions, comprising 71,500 residential unit deals, 7,296 building deals, and 7,129 land sales. Sales of ready-built properties accounted for the largest share of total sales, topping AED 146.7bn through 27,200 transactions, distributed as follows: 18,300 residential unit deals, 1,738 building deals, and 7,135 land sales. Off-plan…
Dubai’s real estate market continues to register exceptional demand for luxury properties, supported by growing confidence among local and international investors. This sustained momentum further reinforces the emirate’s position as one of the world’s most stable and attractive real estate investment destinations. Against this backdrop, Binghatti has announced penthouse sales totalling AED 270 million at Bugatti Residences by Binghatti in Business Bay during June 2026. The landmark transactions comprised the sale of an AED 200 million penthouse and a second penthouse valued at AED 70 million to international buyers, underscoring the continued demand for rare, ultra-luxury residences within globally branded developments. These transactions follow one of…
Dubai Real Estate Projects Exceed AED 275bn in Less Than Half a Year = The current pace of launches puts Dubai on track for one of its biggest real estate years in history = Increasing demand for Dubai real estate is driving developers to launch unprecedented projects = What Dubai is witnessing today is not cyclical growth, but a new phase of sustainable real estate development = Dubai's real estate market is more mature and better able to absorb new projects than ever before Walid Al Zarooni A survey conducted by W Capital Real Estate Brokerage revealed that the value of prospect and new real estate projects in Dubai since the beginning of 2026 has exceeded AED 275 billion. This indicator reflects the continued exceptional momentum in…
Mohammed Al Yamani, Chief Executive Officer of DXR Real Estate, stated that the UAE real estate market is entering a new phase of maturity and stability in 2026, supported by continued inflows of local and international investment, a diverse range of residential offerings, and sustained confidence in the country’s property sector across all emirates. Al Yamani explained that today’s real estate landscape is no longer driven solely by rapid price appreciation. Instead, it is increasingly shaped by project quality, location, developer reputation, and flexible payment plans. This shift, he noted, creates greater opportunities for investors—particularly middle-income buyers—to make informed decisions that generate sustainable long-term…
Bayut and dubizzle, part of homegrown unicorn Dubizzle Group, have launched “Proud of the UAE,” an industry-wide campaign bringing together some of the country’s leading real estate voices, including prominent brokerage leaders and long-standing top clients of the platforms, to express appreciation for the UAE’s leadership, vision and continued commitment to safety, stability and progress. The campaign features a series of short messages from prominent real estate brokerage entrepreneurs and CEOs, many of whom represent some of Bayut and dubizzle’s most valued and high-performing partners. Each participant shares a message of gratitude for the UAE and the opportunities it has created for people, businesses and industries to grow with confidence. A Unified…
Dubai, UAE- Mohamed Aboul Naga, Chairman of Aboul Naga Developments, said Dubai’s real estate sector continues to reinforce its position as one of the most attractive markets in the region, not only because of transaction momentum and project diversity, but also due to an integrated ecosystem of drivers that make buying, investing and living in the emirate a clearer, more confident and more sustainable decision. Aboul Naga noted that Dubai no longer offers property in its traditional meaning alone. It offers a complete city experience where quality of life meets economic strength, infrastructure connects with regulation, and visionary leadership turns long-term planning into a visible reality across roads, metro networks, services, new districts and an attractive investment…