ORA Developers has broken ground on Bayn, its flagship 4.8-million-sq-m coastal community in Ghantoot region thatblends low-density residential living with resort-style amenities, a vibrant marina, sports facilities, and interconnected waterfront promenades.  Announcing the groundbreaking, Ora Developers said enabling works have begun on the 4.8-million-sq-m development strategically located between Dubai and Abu Dhabi with NMDC, a leading EPC contractor in the region, handling it. This marks the construction commencement and enables ORA to progress toward vertical construction for Phase 1 scheduled to begin in the second quarter of 2026. A total of 805 villas and townhouses will be built in the first phase, offering residents 10 distinct typologies, with a selection of 3-8…

Dubai-born Avenew Development is entering the branded residences space following a signed agreement with Marriott International to develop The St. Regis Residences at Dubai Islands.  The upcoming project is designed for the modern connoisseur, reflecting the developer’s forward-thinking approach to residential living, where every detail, from interiors to communal experiences, is crafted to inspire connection, elevate lifestyle, and define what it means to truly come home. Avenew Development’s selection of Dubai Islands for this seafront living project highlights its in-depth knowledge and established presence within this transformative area. With other major projects located on the islands, Avenew possesses a proven understanding of the location's potential,…

ABU DHABI - Abu Dhabi-based Zelo, formerly known as eFunder, said on Thursday it has received $715 million in capital from its parent, International Holding Company, to expand its financing services for small- and medium-sized businesses. Zelo provides small businesses and mid-tier suppliers with liquidity by converting approved invoices from government entities, large corporates and major regional businesses into working capital within 1 to 2 days. Smaller businesses in the Middle East usually face lengthy delays before being paid and often struggle to access traditional forms of financing. Zelo has to date funded over 12,000 transactions worth $225 million across many sectors including oil and gas, construction, infrastructure and retail. It is targeting $1 billion in gross…

Abu Alnaga Development, one of the leading developers in the UAE, announced the expansion of its land portfolio in Dubai. This strategic move aims to enhance its future projects and support expansion plans aligned with the emirate’s rapid urban development, to cope with Dubai’s vision for sustainable development and smart urbanization.   The company noted that they recently acquired a new portfolio of land in strategic locations including Al Jaddaf, Meydan Horizon, Al Furjan, Dubailand, and Dubai Production City, strengthening their ability to launch innovative projects in the residential and commercial sectors.   "These expansions come at a time when Dubai continues to solidify its position as one of the world's fastest-growing cities. The advanced investment…

MAAM Group, a prominent Abu Dhabi-based property developer, together with Metropolitan Capital Real Estate (MCRE), part of the Metropolitan Group, have launched Leaf Tower, a 56-storey residential landmark on Al Reem Island.  The launch event, held within the iconic building, marks the tower’s full transformation into a 100% residential, move-in-ready development in one of Abu Dhabi’s most desirable neighbourhoods. This collaboration combines MAAM Group’s dedication to innovative, sustainable development with MCRE’s extensive market expertise and expansive network, fuelling a focused sales effort for the completed and partially occupied tower. Leaf Tower stands out with its nature-inspired architecture and focus on contemporary, sustainable design. The…

The UAE-based developer, Arada, has agreed to acquire an 80% stake in Thameside West, a waterfront development in London’s Royal Docks.  The 12 billion dirhams ($3.26 billion) development will deliver at least 5,000 homes, with half of the site dedicated to green space and a kilometre of active waterfront.  The acquisition is Arada’s second large-scale investment in the London residential market, following its purchase of local developer Regal in September. The developer’s London pipeline now has 15,000 homes and plans to triple this to 30,000 units over the next three years.

 Amirah Developments, one of Dubai’s most promising names in real estate innovation, has launched Crown Palace, a magnificent residential development located in Dubai South, the city’s emerging hub of growth and lifestyle excellence. A tribute to the elegance of European palatial architecture, Crown Palace reintroduces the art of classic design through a modern lens blending handcrafted beauty with smart urban planning. Rising gracefully amidst lush greenery, Crown Palace is where peace meets grandeur, and where harmony embraces luxury. Every curve, arch, and column of this landmark project celebrates architectural perfection while providing the tranquillity and sophistication that define a true royal home. Crown Palace by Amirah Developments is envisioned as a…

AUM Developments, recipient of the Rising Star Developer of the Year award at the Smart Built Environment Awards (SBEA), has announced plans for expansion across Dubai's residential landscape with three projects now under construction and a fourth development set to launch in Warsan. The developer has officially broken ground on two residential projects - Veda in Jumeirah Village Circle and Ryze in Warsan, as well as a commercial project, Vertex Pointe, in Arjan. A fourth project is also coming up in Arjan, offering commercial spaces in the heart of the thriving community, further solidifying AUM's presence across Dubai's most sought-after emerging communities. The combined GDV across the current portfolio stands at approximately AED400 million ($108.92 milllion), demonstrating AUM's…

Damac Properties has reached a key construction milestone with the topping out of the Cavalli Tower, its AED1 billion ($272 million) ultra-luxury residential development and the world’s first tower with interiors designed by iconic Italian fashion house, Roberto Cavalli. Cavalli Tower is now on track for handover by the end of next year. Ali Sajwani, Managing Director, Damac Group, said: “Cavalli Tower is a structural and design landmark that embodies Damac’ss futuristic vision to blend fashion, architecture and art into Dubai’s skyline. With this topping out, we are one step closer to delivering a true global landmark in luxury living.” Tian Sanchuan, Chairman and President, China State Construction Engineering Corporation Middle East (CSCEC ME), said:…

GMG, a global well-being company, has launched Modora, a new luxury home concept that expands its home division and reinforces its position in the UAE’s interiors and lifestyle retail sector. The announcement coincides with the first anniversary of the formulation of GMG’s Home division, marking an important milestone in the group’s retail diversification strategy. Since establishing the Home division in 2024, GMG has built a portfolio designed around the UAE’s rising demand for quality design, craftsmanship, and lifestyle innovation. The addition of Modora builds on the division’s first year of growth and reflects GMG’s continued investment in sectors that support the UAE’s non-oil economy and retail diversification. Mohammad A. Baker, Deputy…

Ohana Development captures the essence of coastal luxury with the Sky Mansions at Jacob & Co. Beachfront Living by Ohana, a limited collection of AED77 million ($20.96 million) residences that offer true seclusion and an unbroken connection to land and water. Nestled along the untouched coastline between Dubai and Abu Dhabi, where turquoise waters border Al Jurf’s protected natural landscape, the Sky Mansions are part of Ohana Development’s flagship collaboration with Jacob & Co. Rising above the coastline, each residence spans between 1,671 sq m and 2,209 sq m and offers uninterrupted 360-degree views of the sea, sand, and natural reserve. You might pass by graceful gazelles weaving through the low brush on your morning jog or spot flamingos during your beachfront…

UAE - LEOS Developments has launched a master community, the company’s first large-scale master-planned community in Dubai and one of its most significant undertakings to date, with a gross development value exceeding AED5 billion ($1.36 billion). Strategically located in Wadi Al Safa 5 within Dubailand, at the intersection of Dubai-Al Ain Road (E66) and Emirates Road (E611), across from the Dubai Outlet Mall, LEOS’ new masterplan offers exceptional connectivity to key districts while providing a resort-style living experience. Just 16 minutes from Downtown Dubai, it combines tranquillity and convenience in one of the city’s fastest-growing areas. The project is developed in close collaboration with Dubai Holding, reflecting a shared commitment to delivering…