UAE developer Imkan has launched Naseem AlJurf, the latest addition to its AlJurf community, featuring 111 villas, eight apartment towers as well as 60 townhouses, located in the Emirates Riveria in close proximity to key Abu Dhabi and Dubai locations. Unveiling the new project, Imkan said Naseem AlJurf (breeze in Arabic) represents the next phase in an elevated luxury and serene living concept in the UAE. As part of the expansive 3.8 million sqm AlJurf masterplan, the project is set against pristine natural surroundings which seek to evoke a sense of harmony, stated the developer. The vibrant community situated in an area that 1.6 km of coastline and features a remarkable 9 km canal front. The area has long been associated with deep cultural and historical significance, and its unique…

In a historic step towards transforming Pakistan’s urban landscape, Reportage Group has joined forces with RUDA to introduce world-class real estate developments. The partnership, led by Mr. Andrea Nucera, Managing Director of Reportage Group, and Mr. Imran Amin, CEO of RUDA & CBD, was formalized in Abu Dhabi, marking a new era of growth for Pakistan’s property sector. With a AED 1 billion investment, this collaboration will introduce a vibrant blend of high-rise towers and townhouses, first in Lahore, followed by significant expansions in Islamabad and Karachi. It aims to meet the country's growing housing demand while redefining modern urban living standards. At the heart of this vision is Reportage Skyline Towers, launching on February 22, 2025, within Chahar Bagh…

Burtville Developments has announced a significant milestone in the progress of its flagship project, "Ville 11", located in Masdar City. According to data from the DARI platform, affiliated with the Department of Municipalities and Transport in Abu Dhabi, construction work on the project has reached 50% completion. Burtville Developments has  stated that the construction progress, since the project’s launch in January 2024, reflects growing confidence among buyers in the company’s projects and Abu Dhabi’s real estate market. The rapid advancement also highlights the company’s strong construction capabilities and its stable financial position, increasing the potential of the project being completed ahead of schedule. Initially, Burtville Developments …

Reportage Group, the leading UAE real estate developer, confirmed their commitment to developing sustainable real estate projects with the latest innovations, services and smart technologies, as part of their focus on adopting more sustainable environmental practices In line with the UAE's efforts to achieve climate neutrality and enhance the role of the real estate sector in reducing carbon emissions. In Masdar City in Abu Dhabi, one of the most sustainable urban complexes in the world, Reportage is developing 7 pioneering projects that provide around 2,900 housing units. Four projects have been completed and delivered, namely “Oasis Residence 1” which provides 612 apartments, “Oasis Residence 2” which includes around 304 housing units, in addition to “The…

UAE-based Major Developers has launched the Phase II of its flagship project, Manta Bay, located on the iconic Al Marjan Island in Ras Al Khaimah following the success of its first phase. Announcing the new launch, the developer said this has been in response to heightened demand, with strong investor interest and expressions of interest (EOIs) already translating into multiple initial bookings. Units are selling fast, reflecting the unparalleled appeal of this unique luxury development, it stated. Designed to cater to the preferences of a global investor base spanning over 25 nationalities, Phase Two offers innovative luxury living solutions. The buyers can also choose fully furnished units to enhance investment potential. Additionally, these units feature private jacuzzis and…

AJMAN: The Department of Land and Real Estate Regulation in Ajman recorded 1,853 real estate valuation transactions in 2024, with a total value exceeding AED8.38 billion, according to annual data from the Ajman Real Estate Index. Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, stated in a press release to the Emirates News Agency (WAM) that valuation transactions for real estate development project units amounted to 594 transactions, with a total value of AED361.8 million. He also noted that 1,512 valuation transactions were processed for investors applying for golden residency, totalling AED3.82 billion. Al Muhairi highlighted that the annual statistics reflect the growing demand in Ajman’s real estate market and…

SHARJAH - Sharjah Investment and Development Authority (Shurooq) announced that it achieved 70 percent sales for its residential project "Ajwan Khorfakkan" during its participation in the Sharjah Real Estate Exhibition "Acres 2025", held at Expo Centre Sharjah.  The sales were driven by the two new residential towers, "Mawj" and "Ghadeer". Ahmed Obaid Al Qaseer, CEO of Shurooq, highlighted the significant turnout at the "Mawj" and "Ghadeer" towers during the event. This response reflects the growing confidence in the Khorfakkan real estate market and aligns with Sharjah's vision for sustainable development.   The "Ajwan" project spans 65,269 square metres and features six residential buildings with 185 luxury apartments. These apartments offer views of either the Arabian…

SHARJAH: The Sharjah real estate has succeeded in achieving exceptional and unprecedented growth during 2024, with transactions volume amounting to AED 40 billion, and a growth rate of 48 percent compared to 2023. Abdulaziz Ahmed Al Shamsi, Director-General of the Sharjah Real Estate Registration Department, said that this is the highest trading volume achieved by Sharjah’s real estate since 2008, reflecting the increasing number of investors of various nationalities and their demand to purchase different types of real estate, benefiting from the emirate’s attractive investment environment and stable economic climate. “The sector has also succeeded in attracting investors from 120 nationalities from different parts of the world,” he added. With regards to the…

Ajmal Makan Real Estate Development has announced the launch of two major projects - The View Island and Blue Beach Residence - at the Sharjah Real Estate Exhibition – Acres 2025 which runs until January 25. The View Island features 266 residential units, including villas and townhouses, designed to offer accessible luxury living. Key features include green parks, children’s play areas, and a running track. The development is aimed at promoting active and family-oriented living, while integrating sustainability-focused elements. It aligns with Sharjah’s efforts to balance urban development with environmental sustainability. With extensive green spaces and recreational facilities, the project seeks to appeal to both residents and visitors, enhancing Sharjah’s…

Real estate transactions in Ajman totalled AED2.28 billion in December 2024, marking a record growth of 102 percent compared to the same period in 2023, according to the Real Estate Report issued by the Department of Land and Real Estate Regulation. Omar bin Omair Al Muhairi, Directo-General of the Department, stated that the number of real estate transactions in December 2024 reached 1,169, including 935 property trades valued at over AED1.86 billion. He noted that Al Jurf 1 recorded the highest property sale at AED300 million. Al Muhairi highlighted that Ajman’s real estate market is experiencing unprecedented growth, achieving record figures that reflect the sector's quality, the diversity of investment opportunities, and its appeal to investors across various segments. The…

Modon, a master developer known for vibrant and sustainable communities, has announced that it has entered into a deal with Emsteel Group, the UAE’s leading steel and building materials manufacturer, to source its pioneering low-carbon steel for a key project of Emirati energy major Masdar in the UAE capital. With this, Modon said it has become the first real estate developer to use low-carbon steel in UAE. This collaboration underscores Emsteel and Modon’s vital role in driving the construction industry’s transition toward sustainability and decarbonization, it stated. Aligned with the UAE’s Net-Zero 2050 Strategy, the partnership aims to facilitate decarbonization across the construction value chain in the UAE and the wider region by introducing green steel…

Burtville Developments, in partnership with Bab Al Qasr Hotels, has announced the launch of Bab Al Qasr Residence at Yas Bay, located on Yas Island in Abu Dhabi. The company has started construction and sales for the project.  The company recently received the project registration certificate from the Department of Municipalities and Transport in Abu Dhabi.  Burtville Developments highlighted that the real estate market in Abu Dhabi is currently experiencing significant activity, with strong demand for property purchases, particularly from expats. This increase is driven by various initiatives and measures aimed at boosting business activity in the UAE, encouraging the company to continue its plans to launch more new real estate projects that serve a diverse range of…