In a new step to strengthen its position in Dubai's luxury real estate market, Binghatti Developers has now launched 'Binghatti Skyrise', the newest icon in the heart of  Business Bay area of Dubai, perfectly located to meet the increasing demand for luxury residential units near Burj Khalifa and the Dubai Water Canal. This launch comes as part of Binghatti's vision to double its project portfolio to over AED 100 billion in the next 18 months. The project is an architectural masterpiece featuring 3,333 residential units designed in a contemporary style. Binghatti Skyrise design concept draws inspiration from the seamless fusion of diverse elements, resulting in a cohesive façade that captivates the senses. Strategically situated in Dubai’s Business Bay district, this…

UAE - Qube Development, a leading international real estate developer with 30 years of experience, has announced the launch of off-plan sales for Arisha Terraces, a new residential development located in Dubai Studio City.   The third project in Qube’s expanding AED2.6 billion ($708 million) property portfolio, 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 its 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 decrease…

UAE-based Amwaj Development has unveiled its latest project in Dubai - The Cube Residences - located in District 11 within the Mohammed bin Rashid City. This is its second project after the successful launch of Starlight Park. The project offers a total of 54 uniquely designed apartments with a mix of one- and two-bedroom units that range from 708 sq ft to 1,695 sq ft, providing spacious living spaces tailored to meet diverse needs of Dubai market. Spanning a total land area of 15,070 sq ft, it features a creative designed structure comprising abasement, ground floor, five residential floors and a rooftop area that includes the pool. The project is likely to be completed in Q4 2026. The new development is strategically positioned just 15 minutes from Downtown Dubai and Dubai Mall, and…

Ellington Properties, a leading design-led real estate developer based in Dubai, has announced the appointment of Dutco Construction as the lead contractor for One River Point, a premier waterfront residential development in the heart of Business Bay. As part of the in-house synergy between Dutco Ellington and Dutco Construction, this appointment highlights the efficiency and quality ensured by having both the developer and contractor under one umbrella. The project is expected to be completed by Q2 2027. On the contract win, Nelson Gibb, Group CEO of Dutco, said: "We are excited to take on the construction of One River Point, a landmark development that exemplifies the strength of our collaboration with Ellington Properties. This project is a testament to the synergy between our…

Ellington Properties, a leading design-led real estate developer based in Dubai, has announced the appointment of Dutco Construction as the lead contractor for One River Point, a premier waterfront residential development in the heart of Business Bay.   As part of the in-house synergy between Dutco Ellington and Dutco Construction, this appointment highlights the efficiency and quality ensured by having both the developer and contractor under one umbrella. The project is expected to be completed by Q2 2027.   On the contract win, Nelson Gibb, Group CEO of Dutco, said: "We are excited to take on the construction of One River Point, a landmark development that exemplifies the strength of our collaboration with Ellington Properties. This project is a testament to the synergy…

UAE - POB1 Properties, a newly established real estate development unit of Saif Al Ghurair Real Estate Group (SAGRE), has unveiled its inaugural project, Serenova, a community-driven residential development being set up in Dubai Silicon Oasis at an investment of $56 million. Set for completion in Q2 2027, Serenova, spans across an expansive 7,850 sqm plot, offering flexible living spaces that blend modern comfort with serene living to meet the evolving needs and preferences of families and young professionals, said the developer in a statement. It will feature 222 apartments - ranging from spacious studios to one-, two-, and three-bedroom units as well as premium two-bedroom apartments and exclusive four-bedroom penthouses. Its architectural design prioritises open spaces,…

UAE-based Lincoln Star Real Estate Development has announced that it has broken ground on its new luxury residential project in Dubai South with targeted hand over in Q4 2025. The development features a total of 48 residential units including townhouses, studio, one- and two-bedroom units along with a range of luxurious amenities including a gym, swimming pools, landscaped gardens and event areas. "Lincoln Star Residence is a testament to our belief in the potential of Dubai's real estate market. We are confident that this project will set a new standard of luxury comfortable living as well as offer a compelling investment opportunity," said Ovais Latif, the CEO and Founding Partner, at the groundbreaking ceremony. The luxurious residential development will focus on sustainability and…

UAE-based Kasco Developments has announced the launch of its debut project Onda in the heart of Business Bay, Dubai with a core focus on well-being. The company has a planned pipeline for the development and sale of 1 million square feet of residential projects by 2025.   The new and exclusive 23-floor freehold community building offers 348 residences including 85 studios starting at 449 sq ft; 190 one-bedroom at 848 sq.ft, 69 two bedrooms at 1246 sq ft & 4 exclusive three bedrooms at a starting size of 3025 sq ft featuring spacious living with stylish and elegant interiors, said the developer.   Prioritising wellness, the residents will be treated with indoor and outdoor community spaces, wellness hubs, state-of-the-art architecture, cutting-edge smart-home technology…

UAE-based real estate developer Ajmal Makan has announced that 85% work has been completed on its flagship projects - Blue Pearls and Blue Waves - located within the expansive Ajmal Makan City – Sharjah Waterfront project. Giving a project update, Ajmal Makan stated that all residential units in ‘Blue Waves’ and the majority of units in ‘Blue Pearls’ have been sold out. With the work in its final stages, both projects are likely to be completed by the first quarter of 2025 as opposed to the original schedule, which aimed for project handover by the fourth quarter of next year. The Ajmal Makan – Sharjah Waterfront stands apart for its prime location, with seamless access to prominent tourist attractions and essential amenities within the…

Dubai developer Union Properties (UPP) has announced an AED 1.159 billion ($315 million) project starting at the end of the month, which it says will turn a profit of AED 200 million. The Takaya project overlooking Dubai Autodrome in Motor City, which is is scheduled for competition in October 2027, will include residential towers, villas and commercial space.  (Writing by Imogen Lillywhite; editing by Seban Scaria)

Abu Dhabi developer Aldar has announced an AED 1.75 billion ($476 million) joint venture with Expo City Dubai as part of Expo City’s recently announced development masterplan. The six-building project next to Dubai Exhibition Centre will be developed by the 50:50 JV and will include residential, office and retail space, a bourse filing said. Abu Dhabi Securities Exchange (ADX)-listed Aldar will be responsible for the asset management of the completed development. Last year, Aldar announced a JV with Dubai Holding to develop residential communities and has also announced developing a logistics park with Dubai ports and logistics company DP World, as well as an office project in Dubai International Finance Centre (DIFC).

Leading Dubai developer Binghatti Properties is embarking on a portfolio expansion that will almost double the size of its portfolio within the next 18 months to AED 100 billion, compared to the current AED 40 billion. This comes after Binghatti had recently displayed strong performance in the market in the first half of the year. Muhammad Binghatti, the Chairman of Binghatti Properties, commented recently to the media in Dubai, stating that his company which has recently partnered with global brands including automotive legends Bugatti and Mercedes-Benz, as well as horology and jewelry brand Jacob&Co. is planning to launch 12,000 units within the next three months. This is in tandem with the developer receiving cashflows from projects that will be handed over during the next three…