Abu Al Naga Real Estate Development, one of the leading real estate developers in the UAE, has officially started works in three major residential projects in the areas of Dubailand, Bu Kadra (New Horizons), and Al Furjan. This strategic move reflects the company's confidence in the advanced investments environment of Dubai. “Choosing Dubai as an inception point did not come out of nowhere. Our decision took into consideration realistic data and indicators confirming that Dubai has become a global hub for real estate investments, thanks to encouraging legislations, strong demand, and high transparency,” said Mohamed Abu Al Naga, CEO. “This is based on the directives of the wise leadership and the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice…

LMD, a real estate developer with a diverse portfolio spanning the UAE, Egypt, Spain, and Greece, today (April 17) unveiled Taiyo Residences in Dubai during the International Property Show 2025. Built around the philosophy of light and space, the AED400 million ($109 million) residential development located at Wasl Gate is slated for handover in Q1 2028. Taiyo Residences features 379 well-designed units, including studios, one-, two- and three-bedroom apartments. The design impeccably blends both indoor and outdoor spaces, ensuring year-round comfort and convenience for residents, said the developer. A wide range of amenities is available to support every aspect of modern living, from fitness and wellness to recreation and relaxation. Residents can enjoy both indoor and outdoor gyms,…

Beyond Developments, a luxury real estate developer in Dubai, has launched The Mural, its fourth project within its 8-million-sq-ft Dubai Maritime City masterplan. A true design statement, The Mural blends architectural artistry with an extraordinary waterfront lifestyle offering investors high capital appreciation and unique luxury living that matches their aspirations, the company said. Building on the success of its third project Sensia, sold out within two days of launch, The Mural marks another architectural and artistic triumph for Beyond. A landmark addition to Dubai Maritime City, it redefines the relationship between nature and urban design, offering residents a tranquil waterfront environment while contributing to Dubai’s evolving real estate landscape, it said. Adil…

Real estate transactions in Ajman reached AED2.06 billion in March 2025, marking a significant increase of over 41 percent compared to the same period in 2024. Omar bin Omair Al Muhairi, Director-General of the Ajman's Department of Land and Real Estate Regulation, said the emirate recorded 1,025 real estate transactions in March, with trading volume totalling AED1.03 billion. He noted that "Al Heliow 1" recorded the highest property sale at AED43 million. Al Muhairi noted that Ajman's real estate market continues to show strong momentum, consistently achieving record figures. He said this reflects the emirate's attractive investment environment, supported by competitive pricing, integrated services, and advanced infrastructure. He added that March also witnessed 156 mortgage…

UAE-based Azizi Developments has announced that it has achieved a key milestone with the sale of 75% of the released units at its recently launched residential tower - Azizi Arian - in Jebel Ali Free Zone (Jafza). As one of the few freehold residential properties in the area, the project offers investors the opportunity to own a home in the heart of one of the world’s largest free zones and the region’s biggest port, with seamless access to key destinations in the city, stated the developer. The development features a range of studios, one-, two-, and three-bedroom apartments that blend contemporary exteriors with modern interiors tailored to today’s discerning homeowners. Azizi Arian also boasts community-focused amenities, such as a cinema, clubhouse, swimming…

Dubai-based Condor Developers has announced that it has handed over the third premium residential development - Condor Concept 7 - at Jumeirah Village Circle (JVC) within the committed timeframe. The 10-floor Condor Concept 7, situated in the heart of JVC near Circle Mall and well-connected to key landmarks within a 10-20 km radius, was developed at a project cost of AED200 million ($54.4 million). It features a total of 158 residential units along with a variety of amenities, including a swimming pool, open cabanas, a study area, a gym, and a rooftop pet park, among others. "The handover of Condor Concept 7 is yet another milestone in our journey of delivering projects within the stipulated timeframe while ensuring excellence in construction, architecture, aesthetics, and material…

Andalusia Real Estate Development has officially appointed Al Wathba General Contracting to begin construction of Bottega Nove, a premium 9-storey residential building located in Majan, Dubai. With a project value of AED 150 million, Bottega Nove marks the first of three planned developments under the Bottega Residences by Andalusia brand—offering an authentic Italian lifestyle experience tailored for families seeking refined living in Dubai.Designed by Andaluisa and produced entirely in Italy, Bottega Nove blends modern Italian design with timeless architectural heritage. The project will feature spacious two- and three-bedroom apartments as well as signature hanging villas. Italian craftsmanship is at the heart of every detail, with all materials sourced from Italy to ensure a…

Dubai’s real estate market has continued its strong start to 2025, with property sales in February totalling US $13.9bn, a 39.91% increase in value on the same month last year, according to a market update by fäm Properties. The report reveals that last month’s total of 16,099 transactions also represented a 35.5% increase in volume over February 2024, making it one of the best ever months on record. Data from DXBinteract shows that villa sales totalling $5.1bn climbed by 99.7% to 3,679 compared with February last year, while plot sales worth $2.6bn also soared in volume by 74.7% to 608. Apartment sales worth $5.8bn climbed 21.3% in volume to 11,364, while a total of 447 commercial property transactions amounting to $327mn represented a 40.1% increase in volume over…

DUBAI - Emaar Development shareholders approved the Board of Directors’ proposal to distribute a dividend of AED2.7 billion (US$740 million), representing 68 percent of the share capital. The announcement came during the Emaar Annual General Meeting, where the Board of Directors reviewed the company’s financial performance for 2024 and discussed its future growth strategy. The Board’s report on the company’s activities and financial position, as well as the Auditor’s report, were also approved. Emaar Development reported property sales of AED65.4 billion ($17.8 billion) in 2024, reflecting a 75 percent increase compared to the previous year. Total revenue for the year amounted to AED19.1 billion ($5.2 billion), up 61 percent from 2023, while net profit…

UAE-based Azizi Developments has announced that 80% of the released units at Azizi Ruby, its newly launched residential tower in Jumeirah Village Circle (JVC), have now been sold. The project offers studio, one-, two-, and three-bedroom homes that cultivate a family-friendly atmosphere, complemented by amenities such as a clubhouse, cinema, swimming pools, a fully equipped gym, and children’s play areas. Of the 20 nationalities that have acquired units, Emiratis account for the the largest demographic share at 9%. Investors from Western and European countries — such as the United Kingdom, US, Italy, and Portugal — comprise 29%, while those from South Asian nations, notably India and Pakistan, make up 27%. Buyers from the GCC and Mena region, including the Kingdom of…

The Abu Dhabi Housing Authority (ADHA) and Abu Dhabi Real Estate Centre have begun handing over 306 villas to Emirati beneficiaries of the Al Saad residential project in Al Ain following the completion of the allocation process. The project features five-bedroom villas spanning 505 square metres, built on plots of 2,025 square metres each. It includes integrated community and service facilities, comprising three commercial complexes with 18 stores, three mosques with a total capacity of 2,260 worshippers, 34 parks, and a community centre (majlis). The AED993.7 million project includes 306 residential units, spread over 1.23 million square metres.

The Abu Dhabi Housing Authority (ADHA) and Abu Dhabi Real Estate Centre have begun the handover of 306 villas to Emirati beneficiaries of the Al Saad residential project in Al Ain following the completion of the allocation process. It includes integrated community and service facilities, comprising three commercial complexes with 18 stores, three mosques with a total capacity of 2,260 worshippers in addition to 34 parks and a community centre (majlis). The project features five-bedroom villas spanning 505 sq m, built on plots of 2,025 sq m each. Early last month ADHA had stated that it had distributed housing benefits worth over AED63 billion in the emirate over the past five years.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate…