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…

Mira Real Estate, Dubai’s award-winning brokerage, has rebranded to Mira International, a move that marks the start of the company’s global expansion, including plans to open 30 branches in major cities and deliver one consistent client experience across markets. Changing the name from Mira Real Estate to Mira International reflects a broader ambition: building a global network of offices and communicating that mission clearly.  As Co-Founder Tamara Getigezheva takes on a deeper role in Mira Developments, she has appointed  Aldo De Jager as its new CEO to scale the brokerage with further structure. "Why bring in a CEO? Because development and brokerage operate differently and need different leadership styles. I’m putting more of my time into development…

UAE-based AMIS Development has announced the launch of The Tides development on the highly anticipated Dubai Islands, a transformative master-planned development designed to offer a seamless fusion of luxury living and coastal serenity. Featuring fully furnished, high-end residential units, The Tides by AMIS is designed to offer a modern and sustainable lifestyle with a focus on both luxury and community.  The project offers a range of unit configurations, including one-bedroom apartments with a study, two-bedroom apartments, three-bedroom apartments, and four-bedroom townhouses featuring G+2 floors. Sizes range from 812 to 4,433 sq ft and prices start from AED 2.1 million.  Each residence is thoughtfully designed to maximize space and functionality, with bespoke fitted…

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…

Dubai’s property market continued to demonstrate resilience in October 2025, with rising sales values and steady leasing activity reflecting sustained buyer and tenant confidence, according to betterhomes research. The city recorded 18,339 sales transactions totalling AED46.47 billion in October. While transaction volumes eased 1.7% month-on-month (MoM), total sales value rose 4.2%, signalling ongoing demand at higher price points and strong investor confidence. Off-plan sales led activity, accounting for 69% of transactions, while secondary market activity held a 31% share. Top-performing developers by off-plan sales value included Binghatti (AED3 billion), followed by Meeras, Damac Properties, and Emaar. In the title-deed segment, Emaar topped the list with AED4.99 billion in…

Cityscape Global 2025 will welcome world leading developers at the forefront of sustainability and smart city technology when the event opens its doors on November 17 in Riyadh. Ambitious projects such as NHC, Diriyah Company, ROSHN, New Murabba, Qiddiya City, Rua Alharam Almakki co, NEOM, KAFD, Red Sea Global, Masar Destination, Rua Al Haram and King Salman Park Foundation, are reshaping Saudi Arabia’s urban landscapes and setting new standards for sustainable, inclusive communities. In the context of this rapid growth and reform, Cityscape Global 2025 will also explore the transformative impact of Saudi Arabia's newly approved foreign home ownership law. Indeed, the foreign home ownership law has widely been reported as a pivotal milestone in Saudi Arabia’s real estate…

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…