Beyond Developments, a luxury real estate developer in Dubai, has launched The Mural, its fourth project within its 8-million-sq-ft Dubai Maritime City masterplan. A true design statement, The Mural blends architectural artistry with an extraordinary waterfront lifestyle offering investors high capital appreciation and unique luxury living that matches their aspirations, the company said. Building on the success of its third project Sensia, sold out within two days of launch, The Mural marks another architectural and artistic triumph for Beyond. A landmark addition to Dubai Maritime City, it redefines the relationship between nature and urban design, offering residents a tranquil waterfront environment while contributing to Dubai’s evolving real estate landscape, it said. Adil…

Real estate transactions in Ajman reached AED2.06 billion in March 2025, marking a significant increase of over 41 percent compared to the same period in 2024. Omar bin Omair Al Muhairi, Director-General of the Ajman's Department of Land and Real Estate Regulation, said the emirate recorded 1,025 real estate transactions in March, with trading volume totalling AED1.03 billion. He noted that "Al Heliow 1" recorded the highest property sale at AED43 million. Al Muhairi noted that Ajman's real estate market continues to show strong momentum, consistently achieving record figures. He said this reflects the emirate's attractive investment environment, supported by competitive pricing, integrated services, and advanced infrastructure. He added that March also witnessed 156 mortgage…

UAE-based Azizi Developments has announced that it has achieved a key milestone with the sale of 75% of the released units at its recently launched residential tower - Azizi Arian - in Jebel Ali Free Zone (Jafza). As one of the few freehold residential properties in the area, the project offers investors the opportunity to own a home in the heart of one of the world’s largest free zones and the region’s biggest port, with seamless access to key destinations in the city, stated the developer. The development features a range of studios, one-, two-, and three-bedroom apartments that blend contemporary exteriors with modern interiors tailored to today’s discerning homeowners. Azizi Arian also boasts community-focused amenities, such as a cinema, clubhouse, swimming…

Dubai-based Condor Developers has announced that it has handed over the third premium residential development - Condor Concept 7 - at Jumeirah Village Circle (JVC) within the committed timeframe. The 10-floor Condor Concept 7, situated in the heart of JVC near Circle Mall and well-connected to key landmarks within a 10-20 km radius, was developed at a project cost of AED200 million ($54.4 million). It features a total of 158 residential units along with a variety of amenities, including a swimming pool, open cabanas, a study area, a gym, and a rooftop pet park, among others. "The handover of Condor Concept 7 is yet another milestone in our journey of delivering projects within the stipulated timeframe while ensuring excellence in construction, architecture, aesthetics, and material…

Dubai’s real estate market has continued its strong start to 2025, with property sales in February totalling US $13.9bn, a 39.91% increase in value on the same month last year, according to a market update by fäm Properties. The report reveals that last month’s total of 16,099 transactions also represented a 35.5% increase in volume over February 2024, making it one of the best ever months on record. Data from DXBinteract shows that villa sales totalling $5.1bn climbed by 99.7% to 3,679 compared with February last year, while plot sales worth $2.6bn also soared in volume by 74.7% to 608. Apartment sales worth $5.8bn climbed 21.3% in volume to 11,364, while a total of 447 commercial property transactions amounting to $327mn represented a 40.1% increase in volume over…

The Abu Dhabi Housing Authority (ADHA) and Abu Dhabi Real Estate Centre have begun handing over 306 villas to Emirati beneficiaries of the Al Saad residential project in Al Ain following the completion of the allocation process. The project features five-bedroom villas spanning 505 square metres, built on plots of 2,025 square metres each. It includes integrated community and service facilities, comprising three commercial complexes with 18 stores, three mosques with a total capacity of 2,260 worshippers, 34 parks, and a community centre (majlis). The AED993.7 million project includes 306 residential units, spread over 1.23 million square metres.

The Abu Dhabi Housing Authority (ADHA) and Abu Dhabi Real Estate Centre have begun the handover of 306 villas to Emirati beneficiaries of the Al Saad residential project in Al Ain following the completion of the allocation process. It includes integrated community and service facilities, comprising three commercial complexes with 18 stores, three mosques with a total capacity of 2,260 worshippers in addition to 34 parks and a community centre (majlis). The project features five-bedroom villas spanning 505 sq m, built on plots of 2,025 sq m each. Early last month ADHA had stated that it had distributed housing benefits worth over AED63 billion in the emirate over the past five years.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate…

Saudi Arabia has launched a one-month domestic poll about a new off-plan real estate law which is intended to protect dealers and prevent any malpractices. The Real Estate General Authority (REGA) is conducting the poll on its 'Istitlaa' website within the public and private sectors to seek their opinion before it is enforced. REGA said the poll, which started on 9 March and ends on 8 April is designed to get remarks and ideas about the new rules ahead of enforcement. “This poll will enable the public as well as government agencies and the private sector to express their views and observations on it before its approval,” REGA said. It said that the “draft guide” about off-plan property sales includes 55 “procedural” documents aimed at regulating the…

Dubai Land Department (DLD) launched the pilot phase of the ‘Real Estate Tokenisation Project.’ This initiative, introduced under the Real Estate Innovation Initiative ‘REES,’ establishes DLD as the first real estate registration entity in the Middle East to implement tokenisation on property title deeds. The project is being implemented in collaboration with the Dubai Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF) through SandBox Real Estate. DLD anticipates that this groundbreaking initiative will drive significant growth in the real estate tokenisation sector, with its market value projected to reach AED 60 billion by 2033, representing 7% of Dubai’s total real estate transactions. As part of this initiative, DLD organised…

Construction costs in the UAE have risen sharply, now ranging between 250 UAE dirhams and AED 300 ($68.07-81.68) per square foot compared to AED 50 to 80 per square foot a decade ago, Ali Jaber, Chief Executive Officer of G J Properties, told Zawya Projects. However, construction costs in Ajman remain significantly lower than in Dubai due to lower labour costs, cheaper raw materials, reduced land prices, and lower permit fees, he said. Additionally, Ajman benefits from its proximity to the northern UAE, where raw materials are sourced, further reducing logistics expenses. “Cost-effectiveness makes Ajman a highly attractive market for developers and investors,” he stated. Interview excerpts: What market factors compelled you to earmark 4 billion UAE dirhams ($1.1 billion)…

The Department of Municipalities and Transport (DMT) has announced the launch of a new Value Housing Programme to bolster versatility in the emirate’s real estate market. The initiative, which will be rolled out in strategic phases, aims to improve the living standards for individuals and families alike, strengthening social integration and foster community bonds– which form key elements underpinning the Year of Community. By ensuring the housing units are both affordable and of exceptional quality, the programme underscores a commitment to cultivating dynamic and inclusive communities. As part of this effort, DMT signed a Memorandum of Understanding (MoU) with Sdeira Group (formerly KEZAD Communities) to develop a range of residential units and commercial assets. The Group…

The real estate sector in Sharjah is undergoing a major transformation with the launch of the Ajmal Makan City – Sharjah Waterfront project in Al Hamriyah, a coastal development valued at AED25 billion (US$6.8 billion). The project spans over 60 million square feet and features a mix of residential, commercial, and tourism facilities. Sultan Al Shakrah, CEO of Ajmal Makan Real Estate Development, provided an update on the project, highlighting that it will accommodate more than 60,000 residents across eight islands, integrating modern urban living with sustainable and eco-friendly practices. He stated that as construction progresses, Ajmal Makan City will contribute significantly to the expansion of Sharjah’s real estate sector and will continue to create thousands of jobs…