Abu Alnaga Development, a leading real estate developer,  announced plans to increase investments and expand their real estate project portfolio in Dubai as part of their strategic vision to strengthen presence in the rapidly growing real estate market. In a statement, the company confirmed continued strategic expansion in the Dubai real estate market with the addition of a fourth residential project in Al Jaddaf area, featuring a direct view of the Burj Khalifa. This project is part of its ambitious plan to expand their business in one of the most attractive real estate markets in the region. This new project joins three major residential projects previously announced by the company in Dubailand, Bu Kadra (New Horizons), and Al Furjan, reaffirming the company's commitment to…

UAE - Qube Development, a leading real estate developer known for creating uniquely designed communities across the UAE, has joined hands with The Lux Collective, a global hospitality group behind the flagship brand Lux, to break ground on its landmark branded residence - Elire - in Dubai. Located in Business Bay, the project will feature 100 exclusive luxury residences designed with a distinct style rooted in light, surrounding space and sensory connection. It will be managed by Lux. It marks the formal start of construction for the visionary development that is set to elevate lifestyle living in the city through a refined blend of architecture, hospitality and luxury experiences. This like-minded collaboration also ushers in the Middle East debut of Lux branded residences. The future…

Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, confirmed that the month of July witnessed 220 real estate valuation transactions, with a total value amounting to AED1.48 billion, reflecting a notable growth of 201% compared to the month of June. He pointed out that the valuation activities included commercial, residential, and industrial, with commercial properties claiming the largest share of the total valuation value at AED943 million, ahead of residential properties, which amounted to a total value of AED198 million, while industrial properties ranked third with a total of AED336 million. The Director-General clarified that the July report included personal valuation transactions, court and institutional valuations, as well…

Sales volumes for ready villas and townhouses in Abu Dhabi have risen 72% year-on-year to reach their highest levels since 2021, according to leading real estate advisory and property consultant Cavendish Maxwell. Some 700 ready villas and townhouses were bought between January and June this year, with end-users seeking larger, family-oriented homes and investors drawn to attractive rental yields and potential long capital appreciation, it stated. Abu Dhabi residential sales values for all ready and off-plan properties totalled AED8.9 billion ($2.4 billion) across 3,300 transactions in H1 2025 – a 33% drop in value and 37% fall in volume compared to the same period last year. The reductions are the result of limited new projects launches, which in turn has redirected investors to…

Al Huzaifa, a UAE homegrown luxury furniture and interior design brand, has announced the launch of Al Huzaifa Properties, thus marking its strategic evolution into real estate development. Building on nearly 50 years of design and craftsmanship, The World of Huzaifa has grown far beyond furniture, with flagship showrooms across the UAE, bespoke design studios, and as the trusted design partner for globally-renowned brands, said the UAE group in a statement. As a curator of lifestyle experiences that shape homes with creativity, precision, and individuality, the brand now takes this legacy further through Al Huzaifa Properties - using the full canvas of real estate to craft complete living environments where design, detail, and well-being converge, it stated. The new entity will focus…

Leading UAE developer Damac Properties has announced the launch of Capri One, a new phase at the Riverside Views project being developed as part of its master community Damac Riverside in Dubai. Located in Dubai Investments Park near Expo City Dubai, Damac Riverside Views is quietly central, providing easy access to key roads and major highways. The new phase, Capri One at Damac Riverside Views, will include stylish one and two-bedroom apartments, said Damac in a statement. The residences positioned on either side of the river will blend urban energy with stunning waterfront views and bring an extraordinary lifestyle for residents, it stated. Speaking at the official launch, Amira Sajwani, Managing Director, Damac Properties, said: "As Dubai continues to evolve, so do we, shaping its…

With its listing on EGX, Bonyan delivers a much-needed breakthrough for real estate investment, according to Bonyan CEO Tarek Abdel Rahman. With a Gross Asset Value of EGP 17.41 billion ($358 million), it began trading on EGX last month. Bonyan raised a total of EGP 1.8 billion by offering nearly 21% of the company’s shares through both private and public placements. Institutional investors were allocated 95% of the shares offered while the remaining 5% went to the retail market. Although a significant oversubscription preceded the trading, the company’s share price closed largely flat at EGP 4.97 on debut, far below the fair price of nearly EGP 7.52 forecasted by the independent financial advisor. Last week, the stock traded at around EGP 4.4, a nearly 10% decline from its…

Eden Realty, a leading luxury real estate brokerage in the UAE, has set a new benchmark in Dubai’s ultra-prime property market with the record-breaking sale of a single-plot villa in Emirates Hills which has sold for AED260 million ($71 million). Spanning approximately 50,000 sq ft, the property was never publicly listed and could only be viewed by buyers who passed a stringent pre-qualification process - reflecting the high level of privacy that defines transactions at this tier and location. This marks the highest value ever achieved for a single-plot villa in the prestigious community. Emirates Hills, often referred to as the Beverly Hills of Dubai, remains one of the most exclusive residential enclaves in the UAE, attracting royalty, celebrities, and global business leaders,…

UAE-based Azizi Developments has announced that 70 per cent of the work has been completed on its premium Beachfront I project in Riviera, its French Mediterranean-inspired waterfront community in MBR City, Dubai. Giving a project update, Azizi said the project’s structure is fully ready, with blockwork and internal plastering standing at 98 per cent completion. Tiling works have reached 50 per cent, while HVAC and MEP installations stand at 83 per cent and 68 per cent, respectively. Façade works are at 29 per cent, external works are at 15 per cent, and overall finishes have progressed to 49%, it stated. Supported by a workforce of 3,200, construction remains firmly on track for completion in Q4 2025, it added. Group CEO Farhad Azizi said: "Beachfront in Riviera is…

Amanat Holdings has made a net cash return of 294 million UAE dirhams ($80 million) from the sale of the real estate assets of North London Collegiate School in Dubai for AED453 million.According to the company, the transaction has delivered an unlevered cash-on-cash multiple of 1.7x and an internal rate of return of 10%.Amanat’s total investment in the asset stood at AED 393 million, which includes AED 360 million in acquisition price paid in June 2018, followed by a capital expansion of AED 33 million.The proceeds from the transaction will be deployed in new opportunities, with a strong focus on scaling high-performing assets, CEO John Ireland said.

Leading UAE developer Damac Properties has announced the launch of Capri One, a new phase at the Riverside Views project being developed as part of its master community Damac Riverside in Dubai. Located in Dubai Investments Park near Expo City Dubai, Damac Riverside Views is quietly central, providing easy access to key roads and major highways. The new phase, Capri One at Damac Riverside Views, will include stylish one and two-bedroom apartments, said Damac in a statement. The residences positioned on either side of the river will blend urban energy with stunning waterfront views and bring an extraordinary lifestyle for residents, it stated. Speaking at the official launch, Amira Sajwani, Managing Director, Damac Properties, said: "As Dubai continues to evolve, so do we, shaping its…

UAE - DMDC, a premier Dubai-based construction and interior design company, has announced its official expansion into Abu Dhabi in a move that signifies both strategic growth and a commitment to innovation across the emirates. This exciting new chapter begins with an exclusive luxury renovation project at the prestigious Four Seasons Residences, a property that reflects the firm’s design ethos and attention to detail, said the developer in a statement. DMDC’s move to Abu Dhabi comes on the back of the recent launch of DMDC Estates, the company’s property investment arm. Having operated exclusively in Dubai for over four years, DMDC said it has built a robust reputation for delivering visually striking and highly functional spaces that redefine modern living. The…