Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, begins the Phase 1 delivery of Danah Bay, its mixed-use beachfront development on Al Marjan Island in Ras Al Khaimah. A total of 171 landside villas have been completed and are ready for handover. This includes 143 townhouses and 3- and 4-bedroom villas, with internal and external works, service installations, and infrastructure fully finalised. The construction work is currently under way on the breakwater villas and the apartment tower, said the statement from DIR. In addition, 28 premium landside villas featuring spacious 4- and 5-bedroom configurations have also reached 100% completion, with all construction and landscaping works concluded, it stated. According to DIR, the progress continues on the Breakwater…
Emirates Real Estate
Al Hamra, the leading lifestyle developer and real estate investment company in Ras Al Khaimah, has officially launched two landmark residential developments Al Hamra Greens and Aila Homes - with a combined investment value of more than AED3 billion ($817 million). The launch event, held at Madinat Jumeirah, Dubai, was attended by over 1,000 brokers and industry stakeholders. Located in Al Hamra Village, both projects highlight the developer’s focus on design-led, high-quality living. Al Hamra Greens is a wellness-centric community inspired by Scandinavian design and rooted in the philosophy of “Reconnect with Living,” said the developer. Located opposite RAK Central, it offers breathtaking views of RAK’s urban hub, the Al Hamra Championship Golf Course, and…
In a landmark move set to reshape lifestyle-led real estate in the capital, Alain, a leading Abu Dhabi-based asset management company, has joined hands with Vida Hotels & Resorts, a vibrant lifestyle brand by Emaar Hospitality Group, to launch the first Vida-branded residences in Abu Dhabi. The new project, Vida Residences Saadiyat Island, introduces a contemporary, fully furnished living concept with 121 one-, two-, and three-bedroom residences, where creative design meets effortless sophistication, it stated. Saadiyat Island, home to the Louvre Abu Dhabi and the upcoming Guggenheim and Zayed National Museum, is the cultural soul of the UAE, where soft sandy shores meet world-renowned museums and galleries. Just minutes from the city centre yet surrounded by calm, it offers…
Leading Abu Dhabi developer Modon has announced the complete sell-out of its first residential plots, Wadeem, on Hudayriyat Island within 72 hours of launch, generating sales of AED5.5 billion ($1.5 billion). The sales place Wadeem as 2025’s highest-valued real estate release in Abu Dhabi to date, said a statement from Modon. Set opposite Abu Dhabi’s prestigious Al Bateen area, Wadeem is the first new offering of land so close to the city’s most exclusive areas in more than 15 years, as well as the first residential plots release on Hudayriyat Island. The rapid sell-out reflects strong demand and rising confidence in the emirate’s real estate projects, it stated. Plots in Wadeem feature ample room for a four- to six-bedroom villa and are generous enough to…
UAE-based Mira Developments and Gianfranco Ferré Home have joined hands to unveil its premium waterfront development - Gianfranco Ferré Residences - at the very tip of Al Marjan Island in the northern emirate of Ras Al Khaimah. Established in 2014, the Gianfranco Ferré Home line creates elegant and exclusive furnishings, reflecting an eclectic, versatile and timeless style. The collection is rooted in the creative legacy of Gianfranco Ferré, the 'Architect of Fashion', an iconic figure in the fashion world. Unveiling the project, Mira Developments said these fully furnished, ready-to-move-in homes offer majestic aquatic scenery from nearly every point of view, surrounded by the Arabian Gulf on three sides. The tranquil rhythm of the sea is complemented by…
The Emirate of Sharjah recorded strong performance in its real estate sector during May 2025, with total trading value of AED5.5 billion across 8,415 transactions in various areas of the emirate. The total traded area of sales transactions reached 13.2 million square feet, which reflects the continued strength and strategic development of the emirate’s real estate market. The real estate sector in Sharjah is undergoing a strategic transformation, marking a clear shift from traditional growth patterns toward a more advanced, diversified, and sustainable phase. This evolution is reflected in the rising range of investors and the increasing variety of real estate uses entering the market. Underlying this transition is the growing maturity of the sector, driven by a combination of key…
H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has issued an Emiri Decree restructuring the Board of Directors of the Ajman Properties Corporation (AQAAR). Under Emiri Decree No. (12) of 2025, Sheikh Rashid bin Humaid Al Nuaimi has been appointed Chairman of the Board, with Sheikh Humaid bin Ammar Al Nuaimi named Vice Chairman. The Board also includes three members. The Board’s term will last for four years from the date of the decree’s issuance. The decree is effective from the date of issuance and shall be published in the Official Gazette.
AJMAN – Ajman Municipality & Planning Department has reported significant growth in the value of rental contracts for the first quarter of 2025, reaching AED 1.355 billion. This represents a 41% increase compared to the same period over the past three years. The growth underscores the success of the Ajman Vision 2030's objectives to foster a competitive business environment and an investment conducive climate, directly supporting strategic goals for enhancing the business climate and investment promotion. Abdulrahman Mohammed Al Nuaimi, Director General of the Department, stated that the Emirate of Ajman continues to strengthen its position as a leading destination for sustainable development and is confidently advancing toward achieving quality of life and…
UAE - Ardee Developments, the newest player in the UAE’s real estate market, has officially launched with the unveiling of Ardee Al Marjan Island - a landmark multipurpose destination and the largest development on Al Marjan Island, Ras Al Khaimah. Spanning over 2.5 million sq ft, Ardee Al Marjan Island is a multibillion-dirham flagship project designed as a vibrant lifestyle community. Blending luxury living with hospitality, retail, leisure, and entertainment, the master-planned development will feature branded and serviced residences, townhouses, and private villas, along with a luxury hotel, an immersive F&B and retail promenade, and diverse lifestyle amenities — all integrated into a seamless, future-forward coastal environment, said the developer. On the…
ABU DHABI: The UAE's housing sector for citizens witnessed a significant boost in the first quarter of 2025, designated as the "Year of Community," with the launch of extensive initiatives and projects reflecting the leadership's commitment to family stability and well-being. The UAE is developing its citizen housing sector at both federal and local levels through an ambitious strategy focused on innovation and excellence in solutions and services. This has contributed to a citizen homeownership rate exceeding 91 percent by the end of 2024, among the highest globally. In January, over AED1 billion in housing approvals were granted under the Sheikh Zayed Housing Programme to more than 1,300 citizens. The number of beneficiaries will increase throughout the year to meet all submitted…
AJMAN – Ajman Municipality and Planning Department announced that the value of rental transactions has increased in 2024. The total value of lease contracts reached AED4.929 billion. The value of lease contracts recorded a growth of AED1.646 billion, with an increase of 50.13% compared to 2022, according to the Department's 2024 Annual Report. Abdul Rahman Mohammed Al Nuaimi, Director General of Ajman Municipality and Planning Department, confirmed that the Emirate of Ajman has become a leading city that attracts residents, visitors, and investors, as it has all the elements that provide an ideal and safe living environment. He added that the Emirate has become a preferred destination for visitors thanks to its luxurious amenities and modern facilities that guarantee…
UAE - Demand for residential property is on the rise in Abu Dhabi, where 38,700 new units are set to come to market by 2028, according to leading real estate advisory and property consultant, Cavendish Maxwell. Following a strong performance last year witor in the UAE capital is poised for further growth this year and beyond, fuelled by increased demand and strategic Government initiatives, said Cavendish Maxwell in its latest Abu Dhabi Residentiah 9,700 sales transactions worth a total AED26 billion ($7.1 billion), the residential real estate sectl Market Performance Report. Some 10,800 new units are due to be delivered this year, with another 6,000 in 2026. By the end of 2028, Abu Dhabi’s total residential inventory will be around 313,700, it stated. Cavendish Maxwell said…