The Dubai Integrated Economic Zones Authority (DIEZ) and the Dubai Land Department (DLD) partnered to support and enable the property technology (Proptech) sector. The collaboration aims to enhance research, development, and technological innovation, as well as ease of doing business in Dubai, and to contribute to the growth of emerging startups, small and medium and innovative enterprises in the sector. This partnership aligns with the objectives of the Dubai Research, Development, and Innovation (RDI) Grant Initiative, launched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, in September 2024. Through one of the four priority sectors – Cognitive Cities – Dubai RDI will focus on Proptech, smart…

Dubai-based Select Group acquired Radisson Blu Hotel, Dubai Media City, in a deal valued at over 200 million UAE dirhams ($54.45 million).  The deal is claimed to be the “highest recorded hotel sale transaction” in the Dubai Media Free Zone, the developer said in a statement on Friday. Select M City Limited, a subsidiary of Select Investments Limited, purchased the hotel. Knight Frank MENA brokered the transaction. The Radisson Blu Hotel is surrounded by global corporate headquarters, including META, Pfizer, Samsung, and Mastercard.  The developer plans to refurbish the property, enhancing its food and beverage offerings, accommodation, and other public areas to attract corporate clients. This deal marks Knight Frank’s ninth hotel transaction in Dubai in…

Andalusia Group, the pioneering real estate developing company in Dubai, is taking a bold step to address a prevalent issue in residential living: the underutilization of amenities due to their suboptimal design and lack of developer focus. The newly launched Bottega Residences is poised to transform this narrative by fostering a vibrant vertical community enriched with high-end facilities. “We recognize the market gap where many residential facilities fall short in design and utility, often being underused by residents," stated Saleh Tabakh, Founder and CEO of Andalusia. "Our mission with Bottega Residences is to shift the paradigm by integrating top-tier amenities that not only enhance living experiences but also foster a dynamic sense of community.", he noted. Partnering with…

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…

SHARJAH - Alef Group, a leading real estate developer in Sharjah, announced its remarkable accomplishments in 2024. With sales exceeding AED 2.4 billion, the company experienced a 30 percent year-on-year growth, securing over 25 percent of the Sharjah real estate market. These achievements underscore Alef Group's position as a market leader and its commitment to delivering quality and excellence. Commenting on these milestones, Issa Ataya, CEO of Alef Group, said, "2024 has been a transformative year for Alef Group. Our strategic vision and commitment to excellence have propelled us to new heights. We are excited to continue this momentum, with new developments and initiatives on the horizon that will further enhance our position as a leader in the real estate industry."

UAE - Object 1, a Dubai-based real estate developer, has announced that work is moving at a steady pace on its flagship sustainability development, Evergrin House, located in the heart of Dubai’s Jumeirah Garden City, with the project on track for completion and handover in Q2 2026. Part of the international TSZ Group, the group has over a decade of experience in Spain, Ukraine and the UAE. Offering exceptional value with prices starting from AED995,000 ($270,858), the key development features 219 residential units, ranging from studios to two-bedroom apartments, with sizes spanning from 37 sq m to 106 sq m, catering to diverse lifestyle preferences. In line with the UAE’s Green Agenda 2030, which emphasizes sustainable development, environmental responsibility, and…

The Sharjah Real Estate Exhibition “ACRES 2025”, currently underway at Expo Centre Sharjah, has witnessed the launch of an extensive portfolio of innovative and distinctive property projects designed to meet investor aspirations and set new standards across various real estate development fields. Organised by the Sharjah Chamber of Commerce and Industry (SCCI), in collaboration with the Sharjah Real Estate Registration Department (SRERD), the exhibition underscores its position as a premier platform spotlighting the dynamic growth of the real estate sector in Sharjah and the UAE. During its participation as the Platinum Sponsor of ACRES 2025, Alef Group unveiled its new project “Al Mamsha Hamsa” at the exhibition. Issa Ataya, CEO of Alef Group, commented,…

Azizi Developments, a leading private developer in the UAE, has launched Azizi Wasel, its new seafront residential project located on the picturesque Dubai Islands. Offering breathtaking sea views with a backdrop of the emirate’s iconic skyline, the development seamlessly blends modern comfort, elegance, and convenience. Azizi Wasel features a variety of luxurious residences, including panoramic penthouses, studios, one-, two, and three-bedroom apartments. Each unit is designed to focus on contemporary sophistication, providing beautiful views of the sea and the cityscape. Residents will be able to enjoy a comprehensive range of community amenities, including a cinema, a clubhouse, swimming pools, a fully-equipped gym, children’s play areas, ample parking spaces, premium…

Dubai continues to cement its status as a global hub for luxury real estate, attracting world-renowned opera singer Andrea Bocelli, who has purchased an exclusive residence within the prestigious Bugatti Residences by Binghatti. As the first Bugatti-branded development in the world, this project redefines luxury with bespoke design and unparalleled opulence. The acquisition was confirmed during a signing ceremony at the Emirates Palace Hotel in Abu Dhabi, attended by Muhammad Binghatti, Chairman of Binghatti Developers, who emphasized the significance of this deal in enhancing the UAE’s image as a global center for luxury living and investments. “We are honored to welcome the legendary Andrea Bocelli to the Binghatti family. Andrea’s trust in our group is a testament…

Andalusia Group, a pioneering real estate developing company based in Dubai, announced the launch of Bottega Nove Premium Residences, an epitome of Italian- inspired luxury living in Dubai, against a cost of AED 210 million. This architectural marvel spans nine stories, crafted entirely from exquisite Italian materials, reflecting the pinnacle of modern Italian design. Located in the vibrant & mixed-use area of Majan, in Dubailand, Bottega Nove promises residents a lifestyle of unparalleled opulence. In a landmark partnership, Kandy Real Estate Brokers will serve as the exclusive brokers for Bottega Nove. Their expertise is entirely crucial in aligning the project with discerning buyers and investors who appreciate refined living spaces. Saleh Tabakh, CEO of Andalusia Real…

DUBAI: Mohamed Alabbar, CEO and Managing Director of Emaar Properties, challenged conventional marketing wisdom, asserting that genuine products, honesty, and credibility outweigh traditional marketing strategies. Addressing a captivated audience during a thought-provoking session entitled "Why I Let Go of My Marketing Team," as part of the 1 Billion Followers Summit 2025, Alabbar, whose leadership has propelled Emaar and other property companies to develop over US$350 billion in real estate projects across 18 countries, shared his unconventional approach to building one of the world's most recognised real estate and hospitality brands. The session is part of the third edition of the 1 Billion Followers Summit, the world’s largest gathering dedicated to the content creator…

The Real Estate Regulatory Agency (RERA), a subsidiary of Dubai Land Department, invited all property owners residing in jointly owned properties to take the initiative and register for Owners Committees, in line with the Jointly Owned Property Law in Dubai and with RERA’s ongoing efforts to enhance transparency and ensure the sustainability of properties in the emirate. The Owners Committees play a crucial role in empowering property owners and fostering their active involvement in managing residential communities. This initiative aims to enhance the quality of life, ensuring greater comfort and satisfaction for all residents, and aligns seamlessly with Dubai’s forward-thinking vision to optimise the management of jointly owned properties while promoting transparency and…