Tag: #PropertyDevelopment
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Deyaar reports steady growth in H1 2026 with net profit before tax of AED 336.1 million
Dubai, UAE, 03 August 2026: Deyaar Development PJSC (Deyaar), a publicly listed integrated real estate company and one of the leading developers in the United Arab Emirates, today announced its financial results for the first half of 2026, posting measured growth over the prior-year period and maintaining profitability while advancing its development pipeline across multiple…
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Azizi Developments’ Rêve in Riviera reaches 79% construction milestone
Dubai, UAE, 16 July 2026 – Azizi Developments, one of the UAE’s leading private developers, has announced that construction of Rêve, its most prestigious project within the fourth phase of the French Mediterranean-inspired waterfront community in MBR City, Meydan, has now reached 79% completion. Altogether, Rêve has achieved 100% of its structural build, with blockwork…
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One Development acquires a strategic land plot on Al Reem Island in Abu Dhabi
In preparation for launching a distinctive real estate project supported by AI-driven services and solutions Abu Dhabi, United Arab Emirates: One Development, a leading real estate development company in the UAE, has announced its acquisition of a strategic land plot on Al Reem Island in Abu Dhabi. This significant step reflects the acceleration of its…
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ORA Developers Expands UAE Presence Through New Land Acquisition from Modon Holding
Dubai, UAE – 16 April 2026 – ORA Developers is expanding its UAE presence through the acquisition of an additional 4.8 million sqm of land from Modon Holding in Ghantoot, bringing its total development footprint in the UAE to 9.6 million sqm. The expanded masterplan is expected to drive a total project investment of AED…
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Deyaar reaffirms operational resilience and ongoing project delivery
– Announcing the delivery of Jannat in Midtown 3 months ahead of the scheduled time Dubai, March 24, 2026: Deyaar Development PJSC (Deyaar), a publicly listed integrated real estate company and one of the leading developers, has confirmed that construction and development activities across its portfolio are progressing in line with planned timelines, reflecting the strength of…
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Burtville Developments Confirms Steady Construction Progress Across Its Abu Dhabi Projects
Burtville Developments has confirmed that construction across its projects in Abu Dhabi is progressing at a steady pace and in full alignment with the established development timelines. The company stated that construction activities are advancing across all of its developments, reflecting Burtville’s strong commitment to timely delivery, high-quality execution, and precise planning. Burtville currently maintains…
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Blue Square Development: A trusted regional partner bringing decades of expertise to Dubai’s residential landscape
Dubai, UAE — Blue Square Real Estate Developments may be new to the UAE residential market, but the team behind the brand is anything but new to building, operating, and scaling successful businesses across the GCC and the wider Middle East. Founded by a group of highly respected real estate and business leaders with more…
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Emaar Development Reports 66% Increase in Property Sales in First Nine Months of 2024
Dubai, UAE – November 11, 2024: Emaar Development PJSC (DFM: EMAARDEV), a leading UAE property development firm and majority-owned by Emaar Properties PJSC (DFM: EMAAR), continued its upward momentum in the third quarter of 2024. Property sales increased 66% to AED 48 billion (US$ 13.1 billion) in the first nine months, compared to AED 28.9…
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Deyaar’s Pre-Tax Profit Jumps to AED 348.8 Million for YTD Sep’24, Reflecting 47% Growth
Dubai, UAE – 06 November 2024: Deyaar Development PJSC (“Deyaar”), a leading real estate developer in Dubai, announced a profit of AED 348.8 million before tax for the nine-month period ending September 30, 2024, marking an impressive 47% year-on-year (YOY) increase from AED 237.5 million in YTD Sep’23. This financial milestone was reported on the…
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MERED Appoints Michael Belton as CEO to Lead Innovative Projects
Dubai, UAE; 21 October 2024 – MERED, the award-winning international real estate developer, announced the appointment of Michael Belton as its new Chief Executive Officer (CEO). In his new role, Michael will focus on expanding the company’s portfolio in the UAE, including the development of the ICONIC Tower and Large-scale Abu Dhabi project on Al…
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