Ajmal Makan Real Estate Development has announced the launch of two major projects - The View Island and Blue Beach Residence - at the Sharjah Real Estate Exhibition – Acres 2025 which runs until January 25. The View Island features 266 residential units, including villas and townhouses, designed to offer accessible luxury living. Key features include green parks, children’s play areas, and a running track. The development is aimed at promoting active and family-oriented living, while integrating sustainability-focused elements. It aligns with Sharjah’s efforts to balance urban development with environmental sustainability. With extensive green spaces and recreational facilities, the project seeks to appeal to both residents and visitors, enhancing Sharjah’s…

SHARJAH - Alef Group, a leading real estate developer in Sharjah, announced its remarkable accomplishments in 2024. With sales exceeding AED 2.4 billion, the company experienced a 30 percent year-on-year growth, securing over 25 percent of the Sharjah real estate market. These achievements underscore Alef Group's position as a market leader and its commitment to delivering quality and excellence. Commenting on these milestones, Issa Ataya, CEO of Alef Group, said, "2024 has been a transformative year for Alef Group. Our strategic vision and commitment to excellence have propelled us to new heights. We are excited to continue this momentum, with new developments and initiatives on the horizon that will further enhance our position as a leader in the real estate industry."

UAE - Object 1, a Dubai-based real estate developer, has announced that work is moving at a steady pace on its flagship sustainability development, Evergrin House, located in the heart of Dubai’s Jumeirah Garden City, with the project on track for completion and handover in Q2 2026. Part of the international TSZ Group, the group has over a decade of experience in Spain, Ukraine and the UAE. Offering exceptional value with prices starting from AED995,000 ($270,858), the key development features 219 residential units, ranging from studios to two-bedroom apartments, with sizes spanning from 37 sq m to 106 sq m, catering to diverse lifestyle preferences. In line with the UAE’s Green Agenda 2030, which emphasizes sustainable development, environmental responsibility, and…

The Sharjah Real Estate Exhibition “ACRES 2025”, currently underway at Expo Centre Sharjah, has witnessed the launch of an extensive portfolio of innovative and distinctive property projects designed to meet investor aspirations and set new standards across various real estate development fields. Organised by the Sharjah Chamber of Commerce and Industry (SCCI), in collaboration with the Sharjah Real Estate Registration Department (SRERD), the exhibition underscores its position as a premier platform spotlighting the dynamic growth of the real estate sector in Sharjah and the UAE. During its participation as the Platinum Sponsor of ACRES 2025, Alef Group unveiled its new project “Al Mamsha Hamsa” at the exhibition. Issa Ataya, CEO of Alef Group, commented,…

Azizi Developments, a leading private developer in the UAE, has launched Azizi Wasel, its new seafront residential project located on the picturesque Dubai Islands. Offering breathtaking sea views with a backdrop of the emirate’s iconic skyline, the development seamlessly blends modern comfort, elegance, and convenience. Azizi Wasel features a variety of luxurious residences, including panoramic penthouses, studios, one-, two, and three-bedroom apartments. Each unit is designed to focus on contemporary sophistication, providing beautiful views of the sea and the cityscape. Residents will be able to enjoy a comprehensive range of community amenities, including a cinema, a clubhouse, swimming pools, a fully-equipped gym, children’s play areas, ample parking spaces, premium…

Dubai continues to cement its status as a global hub for luxury real estate, attracting world-renowned opera singer Andrea Bocelli, who has purchased an exclusive residence within the prestigious Bugatti Residences by Binghatti. As the first Bugatti-branded development in the world, this project redefines luxury with bespoke design and unparalleled opulence. The acquisition was confirmed during a signing ceremony at the Emirates Palace Hotel in Abu Dhabi, attended by Muhammad Binghatti, Chairman of Binghatti Developers, who emphasized the significance of this deal in enhancing the UAE’s image as a global center for luxury living and investments. “We are honored to welcome the legendary Andrea Bocelli to the Binghatti family. Andrea’s trust in our group is a testament…

Andalusia Group, a pioneering real estate developing company based in Dubai, announced the launch of Bottega Nove Premium Residences, an epitome of Italian- inspired luxury living in Dubai, against a cost of AED 210 million. This architectural marvel spans nine stories, crafted entirely from exquisite Italian materials, reflecting the pinnacle of modern Italian design. Located in the vibrant & mixed-use area of Majan, in Dubailand, Bottega Nove promises residents a lifestyle of unparalleled opulence. In a landmark partnership, Kandy Real Estate Brokers will serve as the exclusive brokers for Bottega Nove. Their expertise is entirely crucial in aligning the project with discerning buyers and investors who appreciate refined living spaces. Saleh Tabakh, CEO of Andalusia Real…

DUBAI: Mohamed Alabbar, CEO and Managing Director of Emaar Properties, challenged conventional marketing wisdom, asserting that genuine products, honesty, and credibility outweigh traditional marketing strategies. Addressing a captivated audience during a thought-provoking session entitled "Why I Let Go of My Marketing Team," as part of the 1 Billion Followers Summit 2025, Alabbar, whose leadership has propelled Emaar and other property companies to develop over US$350 billion in real estate projects across 18 countries, shared his unconventional approach to building one of the world's most recognised real estate and hospitality brands. The session is part of the third edition of the 1 Billion Followers Summit, the world’s largest gathering dedicated to the content creator…

The Real Estate Regulatory Agency (RERA), a subsidiary of Dubai Land Department, invited all property owners residing in jointly owned properties to take the initiative and register for Owners Committees, in line with the Jointly Owned Property Law in Dubai and with RERA’s ongoing efforts to enhance transparency and ensure the sustainability of properties in the emirate. The Owners Committees play a crucial role in empowering property owners and fostering their active involvement in managing residential communities. This initiative aims to enhance the quality of life, ensuring greater comfort and satisfaction for all residents, and aligns seamlessly with Dubai’s forward-thinking vision to optimise the management of jointly owned properties while promoting transparency and…

Edgnex Data Centers by Damac, a major digital infrastructure company and a fully owned unit of Dubai-based real estate developer Damac, has announced its strategic entry into the US data centre market, marking a transformative phase in its international expansion. Since its inception in 2021, the group has rapidly expanded across the Middle East, Southeast Asia and Europe, setting the stage for a strategic entry into the US market. It brings and sets new benchmarks in secure, scalable, and sustainable digital infrastructure. Edgnex, with a management team of 100+ professionals based in the Middle East, Europe and Asia, is actively expanding its team to support these growth plans. The Damac unit is set to initially pump $20 billion into the market with a plan to potentially double the…

Aldar Properties, Abu Dhabi-based property developer and real estate asset manager, which is selling a US dollar 30.25-year non-call 7.25 hybrid bond, has set the deal size at $1 billion. Books are in excess of $4 billion, excluding joint lead manager interest. The initial price thoughts are in the 6.875% area. The Regulation S notes are rated Baa3 by Moody's, one notch below the issuer's Baa2 rating. Abu Dhabi Commercial Bank, Bank of China, Citigroup, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, Intesa Sanpaolo London branch, JP Morgan, Mashreqbank, RAKBANK and Standard Chartered are joint lead managers and bookrunners. The proceeds will be used for general corporate purposes. (Writing by Brinda Darasha; editing by Seban Scaria)

Real estate transactions in Ajman totalled AED2.28 billion in December 2024, marking a record growth of 102 percent compared to the same period in 2023, according to the Real Estate Report issued by the Department of Land and Real Estate Regulation. Omar bin Omair Al Muhairi, Directo-General of the Department, stated that the number of real estate transactions in December 2024 reached 1,169, including 935 property trades valued at over AED1.86 billion. He noted that Al Jurf 1 recorded the highest property sale at AED300 million. Al Muhairi highlighted that Ajman’s real estate market is experiencing unprecedented growth, achieving record figures that reflect the sector's quality, the diversity of investment opportunities, and its appeal to investors across various segments. The…