As Dubai Land Residence Complex (DLRC) continues to establish itself as one of the city’s fastest-growing residential hubs, Object 1 has announced the launch of Verdania - a multi-phase, sustainability-focused residential development comprising 316 units in the heart of this high-potential district. Inspired by the word verde, meaning green, Verdania reflects Object 1’s commitment to building communities that go beyond function to build connection, vitality, and holistic well-being. The project’s design is rooted in sustainability, offering a living environment that nurtures the body, mind, and soul, said the developer. Verdania 1 offers 208 units, and Verdania 2 adds another 108 units, with both phases featuring a variety of resort-style amenities. Its residents will…

Binghatti Holding, one of the UAE’s leading real estate developers, said it has become a founding partner of the newly launched Dubai PropTech Hub, a groundbreaking initiative by DIFC Innovation Hub and Dubai Land Department (DLD). As a founding partner of the Dubai PropTech Hub, Binghatti will support the transformation of the real estate sector through the adoption of cutting-edge technologies such as artificial intelligence, blockchain, and sustainable smart infrastructure. Located within the DIFC Innovation Hub, the initiative will serve as a dynamic ecosystem that fosters collaboration between developers, start-ups, investors, and regulators. The Hub is expected to spur the growth of over 200 proptech companies, creating more than 3,000 jobs, and attracting $300 million in…

Leading Sharjah developer Arada has announced the sale of The Observatory, the showpiece penthouse at its recently launched AED5 billion ($1.4 billion) wellness-focused branded residences project - Akala - at Dubai International Financial Centre (DIFC). Valued at AED125 million ($34 million), the sale of the signature penthouse 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-m 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 features including an expansive Grand Room that showcases the views,…

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 $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. Unique Properties said this strategic alliance comes as the UAE cements its position as a global leader in real estate innovation. Progressive government policies and a world-class digital ecosystem…

In his capacity as the Chairman of The Executive Council of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, has issued Executive Council Resolution No. (48) of 2025 appointing Majid Saqr Abdullah Al Marri as the CEO of the Real Estate Registration Sector at the Dubai Land Department. H.H. Sheikh Hamdan also issued Executive Council Resolution No. (49) of 2025 appointing Majida Ali Rashid as the CEO of the Real Estate Development Sector at the Dubai Land Department. The two Resolutions are effective from their date of issuance and will be published in the Official Gazette.

Taraf, a UAE-based real estate developer and a subsidiary of Yas Holding, has signed up Pinnacle International Piling Foundations as the enabling contractor for its premium residential project - Karl Lagerfeld Villas - located in the heart of Meydan in MBR City, Dubai. Set against the backdrop of Dubai’s thriving luxury real estate market, the Karl Lagerfeld Villas project responds to the growing demand for ultra-premium residences, said the developer. Set for 2027 completion, it features 51 ultra-luxury five- to seven-bedroom villas with bespoke interiors, private gardens, and exclusive clubhouse access, all overlooking the Crystal Lagoon with views of Downtown Dubai. On the contract award, CEO Mohamed Eldahan said: "We are proud to collaborate with a globally respected partner…

UAE-based Amirah Developments yesterday (June 25) officially broke ground on its inaugural project, Bonds Avenue Residences, at the Dubai Islands – the new waterfront destination close to the emirate’s historic downtown Deira district and the Gold Souq. Nestled in the heart of Dubai Islands, one of Dubai’s most transformative master-planned coastal destinations, Bonds Avenue Residences sets a new standard for premium waterfront living. Bonds Avenue Residences will feature a curated mix of one-, two-, and three-bedroom apartments, along with three-bedroom townhouses and triplexes, and opulent four-bedroom penthouses. Unit sizes range from 810 sq ft to 4,416 sq ft, with starting prices from AED1.63 million to AED9.95 million, ensuring diverse options for both investors…

W Capital, a Dubai-based real estate brokerage, found in their latest study that the Dubai Metro Blue Line is having a profound positive impact on the emirate's real estate market, reshaping the real estate investments map and writing a new chapter in Dubai's real estate boom.  In an in-depth analysis of the project, W Capital stated that the new Blue Line  is in the heart of the Dubai Urban Plan 2040 framework, which aims to enhance urban sustainability, improve quality of life, and support transportation infrastructure. This will directly impact vital economic sectors, most notably the real estate sector. The project will cover areas of high strategic importance, including Al Warqaa, Mirdif, and Dubai Academic City, and will reach Jebel Ali Port via Dubai International…

UAE-based Alma Developments has unveiled its new residential development, Alma Gardens, at Liwan within Dubailand, featuring 71 turnkey homes spread across nine residential floors, offering a combination of one- to three-bedroom apartments along with other key amenities. Surrounded by landscaped parkland and situated within one of Dubai’s most promising residential corridors, the development blends functional design, green spaces, and community-focused amenities. Alma Gardens comprises 71 turnkey homes spread across nine residential floors, offering a combination of one-, two- and three-bedroom apartments with dedicated maids’ and laundry rooms, said the statement. According to Alma, a luxurious penthouse completes the offering. Each residence comes with a private balcony…

Dubai masterdeveloper Emaar Properties has announced the launch of VYOM, a groundbreaking digital resale platform set to redefine the way Emaar homes are bought and sold. Purpose-built for today’s discerning homeowners and investors, VYOM offers a seamless, end-to-end experience that is transparent, secure and powered by the innovation and trust that define Emaar. With VYOM, users gain complete control over the resale process - creating listings, uploading property images, and managing inquiries directly - all within an intuitive interface. This is a transformative step in Emaar’s ongoing digital evolution, offering a smarter, frictionless alternative to traditional resale methods. "As the real estate landscape shifts, so must we. VYOM is more than a platform - it’s…

UAE: Abu Dhabi’s property market witnessed a 5% increase in luxury transactions valued at AED 7 million and above, reaching AED 6.30 billion in the first four months of 2025, according to Metropolitan Capital Real Estate (MCRE). The significant performance was backed by rising demand from high-net-worth individuals (HNWIs), international investors, and long-term residents. Evgeny Ratskevich, CEO of Metropolitan Capital Real Estate, commented: “We have witnessed investors initially seeking to purchase a single property, ultimately expanding their portfolios due to a strong belief in the market’s potential.” “We are also seeing an increase in the number of long-term residents who are opting to purchase properties in Abu Dhabi instead of renting, reflecting…

The Lux Collective, a globally recognised hospitality group behind its luxury flagship brand - LUX - has announced a strategic partnership with QUBE Development for the regional debut of its branded residences. Its first exclusive project in Dubai is set for 2028 completion. This partnership unites two industry visionaries, The Lux Collective and QUBE Development, both renowned for their commitment to design excellence, innovation, and premium living experiences. The project is set to redefine luxury living in Dubai, combining the best in residential development and world-class hospitality, said the statement from The Lux Collective. QUBE Development has rapidly gained recognition for its pioneering approach to real estate, focusing on creating sustainable communities that appeal to a…