With its listing on EGX, Bonyan delivers a much-needed breakthrough for real estate investment, according to Bonyan CEO Tarek Abdel Rahman. With a Gross Asset Value of EGP 17.41 billion ($358 million), it began trading on EGX last month. Bonyan raised a total of EGP 1.8 billion by offering nearly 21% of the company’s shares through both private and public placements. Institutional investors were allocated 95% of the shares offered while the remaining 5% went to the retail market. Although a significant oversubscription preceded the trading, the company’s share price closed largely flat at EGP 4.97 on debut, far below the fair price of nearly EGP 7.52 forecasted by the independent financial advisor. Last week, the stock traded at around EGP 4.4, a nearly 10% decline from its…

Leading UAE developer Damac Properties has announced the launch of Capri One, a new phase at the Riverside Views project being developed as part of its master community Damac Riverside in Dubai. Located in Dubai Investments Park near Expo City Dubai, Damac Riverside Views is quietly central, providing easy access to key roads and major highways. The new phase, Capri One at Damac Riverside Views, will include stylish one and two-bedroom apartments, said Damac in a statement. The residences positioned on either side of the river will blend urban energy with stunning waterfront views and bring an extraordinary lifestyle for residents, it stated. Speaking at the official launch, Amira Sajwani, Managing Director, Damac Properties, said: "As Dubai continues to evolve, so do we, shaping its…

Barcelona’s real estate market continues to attract global interest, with over €4.5 billion invested annually in property transactions and a renovation sector valued at more than €20 billion across Spain—a significant portion concentrated in Catalonia, home to one of Europe’s richest architectural legacies. Against this backdrop, Andalusia Group, one of Dubai’s leading development firms, has announced its expansion into Europe with the launch of Oliva 1852, a new company based in Barcelona dedicated to the renovation, modernization, and adaptive reuse of residential and commercial properties.   Bringing the scale, sophistication, and premium standards of Dubai’s luxury real estate market to Barcelona, Oliva 1852 represents a…

The first six months have highlighted a strong, thriving Dubai real estate market, with robust buyer demand and rising sales, according to leading real estate advisory and property consultant, Cavendish Maxwell. The residential property sector secured over AED262 billion ($71.3 billion) worth of sales in H1, across 91,900 transactions – up 23% year-on-year but down slightly compared to H2 2024, largely because of reduced off-plan activity caused by fewer launches and seasonal factors, stated Cavendish Maxwell in its new insight and analysis. While off-plan sales still dominate, accounting for more than 70% of transactions, Cavendish Maxwell’s report shows increasing demand for ready properties, which hit record highs between April and June this year, at 14,200 transactions,…

As UAE continues to implement its key urban agenda, its residential real estate sector is poised to register steady and sustained growth over the coming years, according to Arabian Gulf Properties, a key real estate developer. The value of residential real estate transactions is projected to witness a compound annual growth rate (CAGR) of 2.66% over the next four years, stated the developer in its report. This trajectory reflects a robust outlook for the UAE’s property market, buoyed by growing investor confidence, strong policy support, and the nation’s continued appeal as a hub for economic opportunity and lifestyle excellence, it added. Arabian Gulf Properties, under the leadership of Chairman Badar Rashid Alblooshi, views this trend as a clear signal of the…

Binghatti, one of the UAE’s fastest-growing leading property developers, has officially launched its first International Sales Boutique in the United Kingdom. The landmark opening took place on July 16th, 2025, in the prestigious district of Knightsbridge on Brompton Road, part of the South Kensington Estate. The ceremony featured a symbolic ribbon-cutting led by Binghatti’s Founder Dr. Hussain Binghatti Aljbori, and Chairman Muhammad Binghatti celebrating a pivotal step in the brand’s global expansion journey   With a development portfolio exceeding AED 50 billion, over 80 projects, and more than 11,000 residential units delivered across Dubai, Binghatti’s entry into the UK market represents a strategic move to facilitate international investment into the…

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…

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…

Swiss real estate developer DHG Properties has partnered with the internationally acclaimed interior architecture and design studio Two | 88 by Rina Rankova for its latest residential development in Meydan Bukadra, Dubai. This collaboration blends DHG's commitment to real estate excellence and Swiss-quality construction with Two | 88’s mastery of world-class design and high-end interiors, setting new benchmarks for elevated living in Dubai, said the company. Founded by Rina Rankova, Two | 88 operates globally with studios in Dubai, London, and Marbella. With extensive experience in super-prime residential and commercial design, the studio is renowned for sophisticated interior solutions and global perspective. Milos Antic, Vice Chairman of DHG and Founder of DHG Properties,…

Dar Global, the London-listed luxury real estate developer, and The Trump Organization have announced the launch of Trump International Hotel & Tower, Dubai, reaffirming their confidence in the region’s long-term growth potential and commitment to delivering exceptional value to investors and residents alike. This landmark project marks the Middle East's first and only Trump International Hotel & Tower and represents the fifth collaboration between Dar Global and the Trump Organisation. Building on the success of developments such as Trump Tower Jeddah in Saudi Arabia and Trump International Golf Club and Hotel in AIDA, Oman’s most luxurious beach master community, this new icon is set along Sheikh Zayed road at the entrance of Downtown Dubai with exclusive views to…

UAE - Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer, has appointed United Engineering Construction Company - Dubai (UNEC) as the main contractor for Plagette 32 and Amara, two landmark residential developments within Tilal Al Ghaf, its flagship lifestyle destination in Dubai. UNEC, a multi-award-winning general contracting company with over 40 years of regional expertise, brings a proven track record in delivering high-quality, large-scale projects across the UAE, said Majid Al Futtaim. Valued at AED736 million ($200.38 million), the contract encompasses the full scope of works for 148 luxury villas, including their interior fit-out, as well as the shell and core construction of the Beach Club. It also includes in-plot and public realm landscaping,…

Dubai Land Department has signed a Memorandum of Collaboration with the Awqaf and Minors Affairs Foundation to develop and enhance the foundation’s real estate assets through DLD’s Building Classification Project. The memorandum was signed at DLD headquarters by Majid Al Marri, CEO of the Real Estate Registration Sector, and Khalid Al Thani, Deputy Secretary-General of Awqaf Dubai, alongside other senior officials. The collaboration aims to evaluate and reclassify Awqaf Dubai’s properties based on DLD’s approved standards, upgrading assets following improvements. The agreement also enables inquiry services for lands and properties belonging to deceased individuals, minors, and those under similar legal status, with full access to supporting documentation. Al…