Author: Staff Editor
By Mohamed Amer, Managing Director, ICC MENA The ever-evolving skyline of the GCC reflects its ambitious developments and rapid infrastructure growth. However, as urbanization accelerates, the need for smarter, more sustainable building practices becomes increasingly critical. As buildings soar higher and megaprojects reshape the landscape, the region faces a defining challenge: ensuring that its construction industry builds not only for today but also for the future. Sustainability is no longer a choice or a responsibility; it is an obligation. The decisions made now will determine the resilience of the cities to come. In response, companies and authorities across the region…
All 171 landside villas completed, apartment tower and breakwater villas under construction Ras Al Khaimah, UAE: Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, begins the Phase 1 delivery of Danah Bay, its mixed-use beachfront development on Al Marjan Island in Ras Al Khaimah. All landside villas are ready for handover with the construction of the breakwater villas and the apartment tower in progress. A total of 171 landside villas have been completed and are ready for handover. This includes 143 townhouses and 3- and 4-bedroom villas, with all phases—covering internal and external works, service installations, and infrastructure—fully…
Real Estate Middle East sat down with Mario Volpi, Head of Brokerage at NOVVI Properties, to gain his insights into the current dynamics of the UAE property market. With decades of experience and a deep understanding of regional trends, Mario shares his perspective on market shifts, buyer behavior, and what lies ahead for investors and end-users alike. Dubai Property Outlook – Where is the Market Heading in 2025? Dubai’s property market continues to evolve in response to changing global dynamics, local demand and a maturing investment environment. As we look ahead to 2025, the outlook remains positive, but more balanced—compared…
By Mark Phoenix, CEO of Sankari 2025 is proving to be a pivotal year for ultra luxury real estate in Dubai where visionary design, wellness integration, and smart living converge to redefine what truly exceptional living spaces mean. The UAE is preparing for exponential wealth expansion. Knight Frank forecasts the number of UHNWIs in the GCC, especially UAE, will increase by over 30% by 2028—supported by strides in luxury infrastructure and pre-emptive regulation. The core of our philosophy centers on partnerships with leading interior designers who bring bold, bespoke concepts to life. These collaborations are rooted in an understanding that ultra…
Arada has announced the sale of The Observatory, the showpiece penthouse at Akala, the recently launched wellness-focused branded residences project located adjacent to Dubai International Financial Centre (DIFC). Valued at AED125 million, the sale ranks as one of the top 10 apartments sold in Dubai so far in 2025, underscoring the strong global investor interest in Akala. Spanning two floors at the top of one of Akala’s 220-metre twin towers, The Observatory offers panoramic, unblocked views of the Burj Khalifa, Downtown Dubai, DIFC and the Zabeel area. Featuring six bedrooms, The Observatory is also notable for a number of design…
First-Time Home Buyer programme offers aspiring Emirati and expatriate homeowners priority access to new launches, preferential prices, and tailored mortgage solutions. The initiative aligns with the Dubai Economic Agenda, D33, the Dubai Real Estate Strategy 2033, and the UAE’s Year of Community In a landmark initiative set to transform Dubai’s real estate landscape, Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET) have launched the First-Time Home Buyer Programme. Designed to make homeownership more accessible and financially affordable for Emiratis and expatriates, the programme offers priority access to new launches, preferential pricing, and tailored mortgage solutions.…
OMNIYAT, the leading developer in Dubai’s luxury real estate landscape, has launched Lumena, an ultra-luxury commercial development located on Sheikh Zayed Road in the Burj Khalifa district, at the intersection of Business Bay and Downtown Dubai. A work of architectural mastery where every line draws upward, and every space is designed to inspire clarity, confidence, and command, the 48-storey tower will set a new benchmark for workplace environments in the region upon its completion in Q4 2029. With a Gross Development Value of AED 3.6 billion, Lumena launched at the Museum of the Future with a stunning sound and light…
Unique Properties, one of the UAE’s most prominent real estate agencies, has announced a landmark joint venture with AIR (AI Realtor), an AI-native proptech innovator. As part of the agreement, Unique Properties will invest USD 20 million into AIR over the next two years to fuel the development and deployment of next-generation technologies in the real estate space. The partnership marks a bold leap forward for the region’s property sector, blending years of market leadership with cutting-edge artificial intelligence to reshape how real estate is bought, sold, and experienced. A Market Ready for Innovation This strategic alliance comes as the…
By Neeraj Mishra, Founder & CEO of AMIS Development The world’s wealthiest buyers are often attracted to a select group of global cities that combine financial opportunity, a high standard of living, and an environment that supports luxury living. In recent years, Dubai, Miami, and Singapore have emerged as key contenders in this battle for the richest buyers. Each city brings something unique to the table, creating a healthy competition that is reshaping the luxury real estate market globally. Dubai: A magnet for luxury with unmatched amenities Dubai’s luxury real estate market has experienced a meteoric rise over the last…
Dubai, UAE, May 21, 2025 : OMNIYAT, the leading developer of Dubai’s ultra-luxury real estate market, has announced that its prestigious commercial development, ENARA by OMNIYAT, is now almost fully sold-out since its official launch in 2025. Located in Marasi Bay, at the Burj Khalifa District, ENARA was conceptualised to redefine the corporate environment with world-class amenities, sustainable design, and an exclusive lifestyle experience. Mahdi Amjad, Founder and Executive Chairman of OMNIYAT, said: “OMNIYAT has a legacy of creating architectural masterpieces that elevate living and working environments. ENARA by OMNIYAT embodies our philosophy of ‘The Art of Elevation,’ blending creativity,…