Dubai Real Estate

Pinnacle Developers has partnered with Devmark, a premier real estate project sales and marketing consultancy in UAE, to launch Vitalia Palm Jumeirah Residences, an exclusive waterfront development on the prestigious shores of Palm Jumeirah. Located on the East Crescent of Palm Jumeirah, Vitalia rises nine stories and features 45 exquisite residences, ranging from spacious two- and three-bedroom apartments to lavish four-bedroom duplexes and penthouses. As per the deal, Devmark will be the master agent for the sales and marketing of the project, which embodies the Italian art of ‘La Dolce Vita’—the good life—through its sophisticated design and stunning vistas towards the Arabian Gulf. Crafted by Model, the architects behind this stunning project, and featuring…

Marjan, the master developer of freehold properties in Ras Al Khaimah, has partnered with Ras Al Khaimah Economic Zone (Rakez) to develop RAK Central HQ Office Complex at its upcoming progressive mixed-use destination, RAK Central, in the northern emirate. RAK Central HQ consists of five sustainable office buildings, to be completed by the last quarter of 2026. Spread over 435,000 sq ft, the upcoming RAK Central HQ Office Complex offers over 800,000 sq ft of innovative workspace with open floor plans and terrace seating areas to enhance productivity and well-being. According to Marjan, the LEED Gold certified towers will serve as the headquarters of several key entities including Rakez, Marjan, RAK Hospitality Holding, Al Hamra and Ras Al Khaimah Tourism Development…

Dubai’s reputation as a hub for luxury real estate continues to grow, attracting global icons like Brazilian football star Neymar Jr. who recently acquired an AED 200 million high-end penthouse in the ultra-luxurious Bugatti Residences by Binghatti, the world's first and only Bugatti-branded residences. As one of Dubai’s most exclusive and highly sought after residences, Bugatti Residences features Business Bay’s first ever French Riviera inspired private beach. Paying homage to Bugatti’s pursuit of creating the incomparable, the ultra-luxury residential project also features a plethora of amenities that boast highly sophisticated design and technical feats including a private car elevator, allowing a number of penthouse owners to park their automobiles in their…

UAE -  Kasco Developments – the latest venture of the Kasco Group – has launched ONDA, its newest residential project located in the Business Bay district of Dubai. With an investment exceeding AED 500 million ($136 million), ONDA is set to redefine urban living by prioritising wellness and community engagement, aligning with Kasco’s vision to inspire and elevate lifestyles. As part of Kasco Developments’ ambitious pipeline, which aims to deliver 1 million sqft residential space by 2025. This exclusive 23-floor freehold community features 348 thoughtfully designed residences, including 85 studios, 190 one-bedroom plus apartments, 69 two-bedroom units, and four luxurious three-bedroom penthouses, all crafted with an emphasis on spaciousness, warmth and…

UAE - Asteco's Q3 2024 real estate report reveals a dynamic UAE property market characterised by sustained growth in Abu Dhabi, continued momentum in Dubai and increasing activity in the Northern Emirates. According to the report, the Abu Dhabi market is well-positioned for growth, driven by new developers entering the market and a significant pipeline of planned developments. The report also shows that the Dubai government's proactive approach to enhancing the Emirate's physical, social, technological and legal infrastructure, combined with robust underlying fundamentals, is expected to contribute to solid market conditions and resilience against external factors. Abu Dhabi residential and office market According to the report, approximately 950 residential units were completed and…

Dubai World Trade Centre (DWTC) has initiated the first phase of the Dubai Exhibition Centre (DEC) expansion at Expo City Dubai, with enabling works and piling contracts now completed, and main contract works underway. The AED10 billion expansion masterplan, approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, in September this year, will transform Dubai Exhibition Centre (DEC) into the region’s largest indoor events venue upon completion. The expanded DEC will serve as the new home for mega exhibitions and allowing Dubai to double the number of large-scale events hosted annually from around 300 today to over 600 by 2033, reinforcing the emirates’ status as a leading hub for international exhibitions and business…

  Nakheel, a member of Dubai Holding’s pioneering real estate arm Dubai Holding Real Estate, today announced the highly anticipated release of its latest luxury residences at Palm Jebel Ali: The Beach Collection – an exclusive collection of 10 bespoke beach villa styles. Crafted by world-leading architects, this latest release brings to market a new level of elegance in the heart of Dubai's most coveted island destination. Situated on prime beachfront locations along the fronds of Palm Jebel Ali, these five- and six- bedroom villas, ranging from 7,300 sq ft to 8,500 sq ft, offer unparalleled privacy and exclusivity. Residents will enjoy direct private beach access, seamlessly blending luxury living with breathtaking coastal beauty. The Beach Collection showcases 10…

Dubai-based Al Habtoor Real Estate said it has achieved a major construction milestone at its luxurious residential project, The Residences, Al Habtoor Grand, with the launch of super structure works at the Jumeirah Beach facility in a record time. A 49-storey tower in the heart of Dubai Marina, it features 2 to 4-bedroom apartments, townhouses and penthouses, all with private beach access. Each residence boasts breathtaking views of Dubai Marina and the Gulf, ensuring an unparalleled waterfront experience, it stated. The proposed development provides a sanctuary for leisure and wellness, featuring a rooftop swimming pool, recreation facilities, a fully equipped gym, tennis courts, and jogging tracks, said Al Habtoor Real Estate in a statement. Residents enjoy abundant entertainment…

Dubai’s commercial office market is reaching new heights, with unprecedented demand driving occupancy rates and rental growth across prime business districts, according to a report by Savills, a global real estate services provider. Driven by a substantial rise in new business registrations and expansion activities by existing firms, including those in finance and technology sectors, the city’s real estate landscape is more competitive than ever, positioning Dubai as a top global business destination, stated Savills in its Q3 2024 Dubai Office Market report. According to the report, over 24,000 new businesses were registered in the first half of 2024, marking a 5% year-on-year growth. This surge underscores the strong economic momentum fuelled by the Dubai Economic Agenda…

UAE-based Reef Luxury Developments, a pioneer in innovative real estate solutions, has announced the launch of Reef 1000, a transformative boutique project featuring 125 unique homes located in the Dubai Land Residential Complex. An AED175 million project, Reef 1000 offers a variety of floor plans, including studio units with four different ranges, a one-bedroom unit with eight types, two-bedroom units with six types as well as exclusive duplex townhouses with four types. The residential properties at this new development boast a range of premium amenities including a patented, integrated climate-controlled sunken gardens. A one-of-a-kind in the world, the sunken gardens provide a practical solution for outdoor living in the UAE’s challenging climate. It represents a significant…

LEOS Developments, an award-winning British real estate developer, has unveiled its groundbreaking residential community - Kensington Gardens - in Dubai that offers residents a modern luxury living with a blend of British craftsmanship and forward-thinking design. The key development features a range of high-end 3-5 bedroom townhouses and expansive 6-7 bedroom villas, each equipped with smart home systems, hydroponic vertical gardens, and energy-efficient features such as solar water heating and LED lighting. Inspired by the timeless elegance of crystal, every detail of the project is crafted to elevate the living experience, said LEOS Developments in a statement. Combining sophisticated open-plan layouts with a touch of boutique charm, the community is designed to foster an…

Deyaar Development PJSC (Deyaar) has launched RIVAGE — its first residential project on the prestigious Al Reem Island in Abu Dhabi emirate. The launch marks a key milestone in the strategic partnership between Deyaar and Arady Properties PSC. The development offers the perfect blend of luxury living, breathtaking views, and world-class amenities while integrating sustainability within a master peace architectural design. RIVAGE offers a range of residential options, providing flexibility for both investors and families, featuring 1, 2, and 3-bedroom luxury residences, opulent duplexes, bespoke Sky Villas and the celestial Sky Palaces. Construction for RIVAGE is scheduled for completion in Q4 2027, according to a company press release. Commenting on the launch, Saeed Mohammed Al…