Developer News

UAE-based MAG Lifestyle Development has announced the launch of MAG 777, a AED350 million ($95.2 million) cutting-edge residential tower located in a lakefront setting in Dubai Sports City, which is already 60% complete. MAG 777 combines the tranquility of a serene lakefront setting with the vibrancy of Dubai’s dynamic city life. The development offers easy access to some of the city’s most renowned shopping malls, dining outlets, entertainment venues, medical facilities, and schools, making it a prime choice for both families and professionals. Additionally, the project is in proximity to world-class sports facilities, such as stadiums and golf courses, enhancing its appeal for those seeking an active lifestyle. The 22-storey building offers 261 fully-fitted units,…

Reef Luxury Developments – a pioneering real estate developer based in Dubai – has officially launched, setting its sights on reshaping the emirate’s residential landscape through innovative concepts and community focused projects and introducing the first-of- its- kind ‘Sunken Balcony’ technology transitioning the real estate sector globally. The company has set an ambitious target to unveil 30 projects worth AED14 billion ($3.8 billion) by December 2025. All apartments in Reef properties will come with temperature-controlled sunken balconies, an innovation patented by the developer that allowsresidents to enjoy year-long outdoor living, it stated. Reef Luxury Developments said it has acquired a land bank that will bring 5,000 residential units to the…

UAE - Samana Developers, an award-winning Dubai-based real estate developer with a growing international portfolio, has unveiled the AED220 million ($60 million) Samana Park Meadows project in Dubai Land Residence Complex in Dubailand.   With a sellable area of 160,461.31 square feet, Samana Park Meadows offers a premium lifestyle and is scheduled for handover in March 2028. The project comprises 221 units spread across 14 floors – studios, one-bedroom and two-bedroom apartments - with all units featuring private pools, resort-style living and high-quality finishes. Unit prices start from AED694,000.   Situated at the crossroads of E66 Dubai-Al Ain Road and E611 Emirates Road, the new project offers easy access to Dubai's sought-after destinations, including city…

Dubai-based Signature Developers has partnered with Devmark, the UAE’s leading real estate project sales and marketing consultancy, for the launch of the branded W Residences Dubai - Jumeirah Lake Towers.   Situated in the heart of Jumeirah Lake Towers - Dubai’s distinguished community known for its dynamic lifestyle - the project marks a significant contribution to the city’s luxury branded residences landscape and will set new standards for extraordinary modern living.   Developed by Signature Developers, The Residences are the latest addition to Marriott International’s W Residences portfolio, epitomising branded luxury living. With over 180 well-designed apartments, each offers a sanctuary of elite comfort, with 360-degree panoramic views…

Amaal, a pioneering real estate developer powered by Ayana Holding, has announced the launch of its debut development, Amaal 8, a high-rise residential project featuring 512 residences spread across 48 levels.   These include one- to four-bedroom apartments and luxurious Infinity Collection residences on the upper floors, each boasting superior quality finishes and thoughtfully planned layouts that epitomise elegance and functionality.   Located in the dynamic Meydan Horizon within MBR City, this mixed-use residential tower will set a new standard for elevated urban living that merges sophisticated design with environmental sustainability and unparalleled comfort, said the developer. Positioned against the tranquil backdrop of the Ras Al Khor Wildlife Sanctuary, Amaal 8…

With initial investments of $600 million RMS Capital Investment, the real estate developing alliance of three partners including an Emirati, Azerbaijani and Turkish companies, announced the launch of their first project from Dubai, which is a new phase of the Verdana project that Reportage Properties is developing in Dubai.   The alliance, which includes Reportage Properties from the UAE, the Turkish Mesa Holding and the Azerbaijani Sabah Investment Group, plans to pump initial investments estimated at $600 million in the three markets. The new move was disclosed at an international press conference held in Dubai this week to announce the future plans of RMS Capital Investment Real Estate, as the new company intends to launch their second project on the shores of the Caspian Sea…

UAE - Khalifa Economic Zones Abu Dhabi – Kezad Group and UAE-based Azizi Developments have signed a 50-year land lease agreement for the establishment of 12 state-of-the-art factories in Kezad A (Kezad Al Ma’mourah). To be developed with an AED1 billion ($270 million) investment from Azizi Developments, the project will encompass the establishment of a reinforcement steel cut and bend facility, timber joinery and duct fabrication workshops, a modular factory, an aluminium and glass fabrication unit, as well as an aluminium extrusion factory. Spanning approximately 220,000 sq m, these facilities will make use of the given space equipped with advanced infrastructure for the design and development of essential equipment and parts to serve the needs of the real estate…

UAE-based leading developer Omniyat has officially announced the launch of The Alba, an AED7 billion ($1.9 billion) architectural masterpiece in Dubai designed by Zaha Hadid Architects (ZHA). Unveiled in front of a select group of VVIP customers during the recent Monaco Yacht Show, The Alba is being dubbed by Omniyat as the world's first premium garden retreat by the sea. Located on the Eastern Crescent of Dubai’s iconic Palm Jumeirah, it will provide private sanctuaries, offering uninterrupted views of Dubai Marina, Burj Al Arab and Burj Khalifa, said a statement from Omniyat. The Alba, Dorchester Collection, Dubai elevates luxury living, representing Omniyat’s boundless vision through a seamless blend of beachfront hospitality and ultra luxury residential experiences. It…

UAE - Luxury real estate developer AMIS has awarded the main construction contract for its AED425 million ($115 million) Woodland Residences project to Dar Al Aayan Contracting. The project, located within the District 11 of Meydan in Dubai, is scheduled for handover in April 2026. The development, which was 100% sold out within one week of its launch in January 2024, is located 12 minutes away from Downtown Dubai, and offers a 100-m swimmable lagoon reserved exclusively for residents. “We are thrilled to appoint one of the top contractors for this prestigious project,” said Neeraj Mishra, Founder and CEO of AMIS Properties. “With the exceptional cash flow from our quick sell-out, we are on track with our project milestones. The Woodland Residences is a testament to…

Al-Futtaim Real Estate, one of the region’s only private master developers with 60-years of experience as part of Al-Futtaim Group, has announced the launch of Al Badia Living in Dubai Festival City. This premium lifestyle community marks a new chapter for the area, positioning it as a top destination for living, working, and playing.   Al Badia Living offers over 340 generously sized and superbly appointed residential units, including one-to-four-bedroom apartments. With views of Al Badia golf course, Dubai Creek and Burj Khalifa, the development caters to singles, couples, and families, featuring resort-style amenities that set it apart.   Residents can enjoy state-of-the-art health and fitness facilities including an extensive gym featuring Life Fitness equipment;…

UAE - Domaine Properties, a UAE-based real estate advisory organisation specialising in luxury residential, commercial, and hospitality properties, has announced the opening of its new office in Business Bay, marking a significant milestone in the company’s expansion strategy. The company has built a reputation for delivering high-quality solutions to a diverse clientele, including investors, property owners, and developers. This new office will serve as a hub to better accommodate the growing demand for premium real estate in Dubai and beyond. “The opening of our Business Bay office is a reflection of the incredible growth we’ve seen over the past few years,” said Bassam Abou Kurch, CEO of Domaine Properties. “Our goal has always been to expand our…

UAE-based Azizi Developments has announced that it has sold all the units within Pearl, a premium residential property situated in Dubai’s growth corridor, Al Furjan, which boasts easy access to all of the emirate’s points of interest while still being a comfortable distance away from the bustle of the city.   The premium development comprises 192 studios, 54 one-bedroom apartments and 14 two-bedroom apartments.   Among the 40 nationalities that have purchased units in Pearl so far, buyers from the UAE represent the largest demographic at 25% followed by investors from US, Italy and Germany, which make up a combined 35%, as well as various GCC nations, including Saudi Arabia, that make up a combined 30%. Chief Operating Officer Afzaal Hussain said: "We take…