Category: Developers
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DUBAI SOUTH SIGNS AGREEMENT WITH AGMC TO LAUNCH A NEW AED 500 MILLION STATE-OF-THE-ART FACILITY
Dubai, UAE, 26 April 2024: Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, announced the signing of an agreement with AGMC, one of the leading importers of luxury vehicles in the United Arab Emirates, to launch a new AED 500 million showroom and service centre at Dubai South to…
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Samana Developers Launches Dh1 Billion ‘Lake Views Complex’ in Dubai Production City
All 1006 units will be equipped with smart-home tech and private pools Dubai, United Arab Emirates, 25 April 2024: Consolidating its position as the fastest growing real estate developer in the UAE, Samana Developers has launched the Samana Lake Views Project worth 1 billion ($272.2 million). The project is located in Dubai Production City. The…
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DAMAC Hills 2 Community Emerges as One of the Highest Transacted in the UAE
Off-plan apartments registered and averaged a robust growth of 16% in price per square foot from 2021 to end of 2023 Data from the Dubai Land Department (DLD) has revealed compelling insights, placing units in DAMAC Hills 2 as one of the highest transacted in the UAE. Spread across a 55 million sq. ft area, this master…
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U By Emaar Announces International Expansion with Prestigious New Venue at Address Jabal Omar Makkah, KSA
· U By Emaar announces its expansion into Makkah, featuring luxurious experiences at Address Jabal Omar Makkah. · The expansion enhances global member benefits, offering exclusive rewards across Emaar’s portfolio. · Address Jabal Omar Makkah to provide a unique blend of luxury and spiritual experiences for U By Emaar members. · This move signifies U By Emaar’s commitment to…
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MERED hosts brokers’ event to unveil name of flagship project: ICONIC, an upscale residential living
Dubai UAE, 3rd January 2024 – MERED, the award-winning international real estate developer, hosted an exclusive event that brought together numerous brokers for a session filled with networking opportunities and insightful discussions on the high-end property sector in the UAE. At the event, MERED proudly revealed the name of its much-anticipated flagship project, the “ICONIC”…
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Deyaar, Arady Properties, ink agreement for new residential project in Abu Dhabi
Dubai, UAE; 21 December 2023: Deyaar Development PJSC (“Deyaar”), one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), and Arady Properties – PSC, an Abu Dhabi-based real estate company, have signed a Memorandum of Understanding with an aim to establish a joint development project at Al Reem Island in Abu…
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Dar Al Arkan launches Elie Saab’s first branded villas in Riyadh, the most exclusive villas in Sedra by Roshn
Riyadh, Saudi Arabia; November 27, 2023: Dar Al Arkan, the leading real estate company in Saudi Arabia, today announced the launch of Etoile by Elie Saab, paving the way for the renowned designer’s first branded residence in the Kingdom. For the first time in Saudi Arabia, the iconic flair and elegance of Elie Saab can be…
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Nakheel launches Rixos Phase II Beach Residences of its luxury waterfront development on Dubai Islands
Dubai, UAE; 15 November 2023: Nakheel, the world-leading real estate master developer, in partnership with Excelsior Real Estate LLC, has launched Phase II Beach Residences of its recently unveiled waterfront development Rixos Dubai Islands, Hotel & Residences. Rixos Dubai Islands, Hotel & Residences will offer residents a resort lifestyle in a relaxed, curated waterfront setting of…
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Meydan Group appoints contractor for Opal Gardens, District 11, Mohammed Bin Rashid Al Maktoum City
Dubai, UAE: Meydan Group, the world-leading real estate master developer, has appointed a contractor for the construction of Opal Gardens, located within District 11, Mohammed Bin Rashid al Maktoum City, a luxurious gated community in the heart of Dubai, launched by Meydan. The construction contract has been awarded to Parkway International Contracting (L.L.C). Parkway International Contracting…
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Azizi Developments’ Park Avenue III on track for Q4 2023 completion, currently at 67%
Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has announced that Park Avenue Ill, part of the prestigious Park Avenue project located in the highly sought-after MBR City, has reached 67% completion and is on track for its scheduled Q4 2023 completion. Comprising 372 homes and 29 retail units within…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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