Meraki Developers has announced the successful on-schedule handover of The Haven, a landmark residential community located in Majan, Dubailand. Conceptualised as a contemporary residential enclave, the key development blends urban accessibility with tranquil living. Featuring spacious layouts and premium interior finishes, The Haven offers a comprehensive suite of high-end amenities designed to support modern lifestyles, including wellness facilities, co-working spaces, separate adult & kids’ swimming pools, solar-powered parking, and recreation areas such as party hall, recreation lounge as well as indoor and outdoor children’s play spaces. This delivery underscores Meraki’s commitment to providing a quality living experience to residents, who will…
Dubai Real Estate
Binghatti Holding Ltd (“Binghatti Holding”), one of the UAE’s fastest growing real estate developers, celebrated the debut of its USD 500 million 5-year Senior Unsecured Sukuk on the London Stock Exchange with a ceremonial bell-ringing event, marking a key milestone in the company’s international growth journey. The sukuk, issued under Binghatti’s USD 1.5 billion Trust Certificate Issuance Programme, was oversubscribed five times, attracting over USD 2.5 billion in orders from a diverse pool of regional and global investors. The issuance was priced with a profit rate of 8.125%, reflecting investor confidence in Binghatti’s robust financial position. The company is rated BB- by Fitch and Ba3 by Moody’s, both with stable outlooks. Founder…
Barcelona’s real estate market continues to attract global interest, with over €4.5 billion invested annually in property transactions and a renovation sector valued at more than €20 billion across Spain—a significant portion concentrated in Catalonia, home to one of Europe’s richest architectural legacies. Against this backdrop, Andalusia Group, one of Dubai’s leading development firms, has announced its expansion into Europe with the launch of Oliva 1852, a new company based in Barcelona dedicated to the renovation, modernization, and adaptive reuse of residential and commercial properties. Bringing the scale, sophistication, and premium standards of Dubai’s luxury real estate market to Barcelona, Oliva 1852 represents a…
The Dubai-listed developer Emaar Properties posted a net profit attributable of 7.08 billion UAE dirhams ($1.9 billion) for H1 2025, marking a 33% year-on-year (YoY) increase, driven by robust property sales. Revenue rose 38% YoY to AED 19.8 billion, supported by strong performance across its development, retail, hospitality, and international segments. The company’s revenue backlog from property sales surged 62% YoY to AED 146.3 billion as of June-end. Emaar Development Emaar’s majority-owned subsidiary, Emaar Development, reported a 50% YoY rise in net profit (before tax) to AED 5.5 billion for H1 2025. Revenue grew 35% YoY to AED 10 billion, while its revenue backlog climbed 59% YoY to AED 117.7 billion as of June 30. The build-to-sell property development arm…
Shamal Holding, a leading UAE-based diversified investment firm, has unveiled - Naïa Island Dubai - a landmark private estate set to redefine ultra-luxury living in the region. Located just off Jumeirah’s coastline and seamlessly connected to Dubai’s principal roadways, Naïa Island Dubai has been designed as a resort masterplan shaped around open green spaces and coastal terrain. Its low-lying architecture offers unparalleled views of Dubai’s iconic landmarks, beautifully framed by the open sea. It is intended to provide residents and guests with the ultimate sense of exclusivity, privacy, and natural beauty. At its heart, the island hosts the region’s first Cheval Blanc maison, which promises to set new standards for hospitality in the region, said…
The first six months have highlighted a strong, thriving Dubai real estate market, with robust buyer demand and rising sales, according to leading real estate advisory and property consultant, Cavendish Maxwell. The residential property sector secured over AED262 billion ($71.3 billion) worth of sales in H1, across 91,900 transactions – up 23% year-on-year but down slightly compared to H2 2024, largely because of reduced off-plan activity caused by fewer launches and seasonal factors, stated Cavendish Maxwell in its new insight and analysis. While off-plan sales still dominate, accounting for more than 70% of transactions, Cavendish Maxwell’s report shows increasing demand for ready properties, which hit record highs between April and June this year, at 14,200 transactions,…
Azizi Developments, a leading private developer in the UAE, has announced the launch of Azizi Abraham, a vibrant new residential development located within the Jebel Ali Free Zone (Jafza). The project features a selection of studios, one-, two- and three-bedroom apartments with stylish exteriors, ultra-modern interiors, and exclusive amenities. These include rooftop infinity pools, a modern cinema, fully equipped fitness centre, kids’ play areas, saunas, jacuzzies, steam rooms, BBQ areas and landscaped jogging and cycling tracks, said Azizi in a statement. Set against the Shiekh Zayed Road backdrop with immediate metro connectivity, Azizi Abraham offers excellent accessibility to key commercial and leisure destinations, including Ibn Battuta Mall, Dubai Marina, Expo City, and Al…
As UAE continues to implement its key urban agenda, its residential real estate sector is poised to register steady and sustained growth over the coming years, according to Arabian Gulf Properties, a key real estate developer. The value of residential real estate transactions is projected to witness a compound annual growth rate (CAGR) of 2.66% over the next four years, stated the developer in its report. This trajectory reflects a robust outlook for the UAE’s property market, buoyed by growing investor confidence, strong policy support, and the nation’s continued appeal as a hub for economic opportunity and lifestyle excellence, it added. Arabian Gulf Properties, under the leadership of Chairman Badar Rashid Alblooshi, views this trend as a clear signal of the…
Leading real estate developer London Gate has announced the launch of three distinct residential projects in collaboration with Octa Properties in Dubai including a Franck Muller-branded residential development that brings the signature sophistication of the Swiss watch brand to a striking new waterfront address. For these projects, London Gate will be the launching developer, while Octa Properties will be the exclusive sales and marketing partner. The new lineup of projects has been presented as part of the companies’ ongoing collaboration, in a bold move to redefine the emirate’s property sector. These projects are: •A modern, design-led collection of studios, one- and two-bedroom apartments in Dubai South, with family-friendly amenities and a stunning…
IFA Hotels & Resorts has announced the start of a new phase of infrastructure works at its key residential development, Al Tay Hills, strategically located in the Al Tai area of Sharjah directly on Emirates Road. The project is being developed by Kuwait Real Estate Company, in collaboration with IFA Hotels & Resorts, at a total cost of AED3.5 billion ($952 million). Spread over 6 million sq ft area, Al Tay Hills will boast more than 1,100 residential units comprising villas and townhouses of various designs and spaces, said the statement from IFA Hotels & Resorts. The project's units range from three- to six-bedroom units and will also have luxury facilities such as private pools and green spaces, spread over three developmental phases, it stated. As the project master…
Sustainability-focused developer Fakhruddin Properties today (July 28) broke ground on its newest residential project, the 32-storey Treppan Tower, located in Jumeirah Village Triangle, Dubai. A flagship Treppan Living branded development, it will be home to 264 contemporary one- and two-bedroom apartments, and limited number of three-bedroom sky villas, units ranging in size from 479 to 2,916-sq ft and occupying 25 residential floors. A further two floors will be dedicated to revolutionary and wellness-focused lifestyle amenities including Zen inspired landscaping, with five podium parking levels, said the developer. This builds on the April establishment of the Real Estate Alliance, a Dubai Land Department (DLD) strategic initiative that brings together a quartet of leading…
DUBAI: Dubai’s real estate brokerage sector recorded a remarkable performance in the first half of this year, reaffirming the pivotal role of brokers in driving market dynamism and supporting sustainable growth in property transactions. Real estate brokers contributed to the execution of 42,181 transactions, generating commission values exceeding AED3.23 billion in H1 2025, compared to AED1.62 billion in the same period in 2024, achieving a growth of 99% This increase in transaction volume is closely tied to the growing number of real estate brokers registered with the Dubai Land Department, which now stands at 29,577 brokers, including 6,714 new brokers who entered the sector in the first half of 2025. This momentum reflects the growing confidence in the profession and its rising…