SOL Properties, a leading real estate developer in the UAE, has launched its latest flagship project, ‘SOL Levante’, an exquisite Gross Development Value (GDV) of AED 1 billion mixed-use development located in the thriving community of Jumeirah Village Triangle (JVT), with panoramic views of the Dubai Marina skyline & Bluewater Islands. A real estate development arm of the Bhatia Group, SOL said the project has been designed to set a new standard for modern living. SOL Levante will combine innovative design, top-class amenities, and seamless connectivity to create a vibrant and inspiring environment for both residents and businesses. It will feature 612 residential units, which include studios, one-bedroom, one-bedroom with study, and two-bedroom with study apartments,…

Global Partners Limited, a DFSA-regulated institutional fund manager specializing in alternative investments, has signed up Dubai Contracting Company (DCC) for its premium project - Eden House The Park, featuring one- to four-bedroom apartments and penthouses set within a vibrant, walkable environment along the Dubai Water Canal. Designed to inspire connection and a balanced lifestyle, Eden House The Park features lush green spaces, top-tier wellness facilities, and a refined, contemporary living experience, said the statement from Global Partners Limited. This is its second project under Global Partners Property Fund I (GPPFI). With enabling works now completed at the project site, DCC will lead the delivery of construction on Eden House The Park, which is expected to be delivered in…

Meraas, a member of Dubai Holding Real Estate (DHRE), has announced the launch of the final phase of The Acres, its exclusive standalone villa community, centrally located in Dubailand. Featuring 106 villas and 102 mansions, the final phase offers a blend of well-being, nature and elevated lifestyle amenities with a mix of three-, four- and five-bedroom villas, alongside The Acres Estates, featuring the exquisite Amber and Ivory Collections with five-, six- and seven-bedroom mansions. Each residence embodies a distinct architectural style while upholding the highest standards of luxury, sustainability, and refined living, said the developer. According to Meraas, The Acres is designed with sustainability weaved into every aspect of its architecture and the community is committed to an…

- Luxury real estate builder AMIS Development has broken ground on Woodland Terraces, an AED130 million ($35 million) residential project located in District 11, Meydan.  This milestone marks the beginning of construction for the modern luxury development, which is scheduled for completion in Q1 2027, said the developer. Designed for modern living, the residences at Woodland Terraces include one-, two- and three-bedroom apartments featuring en-suite bathrooms, walk-in closets, and dedicated laundry areas to provide both style and functionality. Residents will have access to a rooftop infinity pool, sporting amenities, a state-of-the-art fitness center, a yoga area, and an outdoor theater, while the ground floor includes a kids play area, a grand lobby, and a signature AMIS…

The monthly statistical data issued by the Sharjah Real Estate Registration Department revealed that the volume of real estate transactions across various regions and cities in Sharjah amounted to AED3.5 billion during February 2025, with a total of 7,768 transactions. The total area traded in sales transactions reached 11.8 million square feet. The data indicated that 7,768 real estate transactions were executed, with sales transactions accounting for 1,348 transactions, representing 17.4 percent of the total. Mortgage transactions reached 424 valued at AED711.6 million, constituting 5.5 percent of the total. Meanwhile, initial sales contract transactions recorded 941 transactions (12.1 percent), while ownership certificate transactions amounted to 3,958 (50.9 percent). Additionally,…

Dubai has approved the allocation of 1.46 million sq m of land for affordable housing, enabling the development of 17,080 residential units in line with the emirate's Affordable Housing Policy. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, on Wednesday approved a series of policies and initiatives aimed at expanding affordable housing, enhancing education outcomes and supporting independent legal professionals in Dubai, an Emirates News Agency (Wam) report said. Sheikh Hamdan further said: "We are committed to offering a range of housing options and we welcome all ideas that contribute to a cohesive and prosperous society that embraces diversity — Dubai is a…

Real estate expert Asma Mouafki has unveiled the top areas for property investment in Dubai for 2025, which are witnessing significant growth and are considered ideal options for investors, particularly those with limited budgets. Mouafki emphasized that these areas offer promising opportunities for investors seeking good returns while keeping costs reasonable. She noted that as Dubai’s real estate market continues to evolve, it remains essential to carefully study these options to achieve the best returns. Mouafki highlighted that Dubai Investment Park stands out as one of the best choices for real estate investment. It offers residential and commercial units in a strategic location near Al Maktoum International Airport. She pointed out that the average price of apartments in…

Dubai real estate prices fell by 0.57% in January 2025 – the first decline since summer 2022 – signalling a market shift towards stabilisation, according to leading real estate intelligence authority Property Monitor. While the first month of 2025 was the strongest January on record for transactions with 14,413 sales, average prices dropped to AED1,484 per sq ft. Sales volumes were down 4.6% compared to December 2024, stated Property Monitor in its monthly market report. Off plan launches continued to soar in January, with 53 launches from 37 developers bringing another 12,400 units to the market. Mortgage transactions also rose 6.8% month on month, with 4,134 loans secured. Loan to value (LTV) ratios also held steady despite stricter enforcement of UAE Central Bank…

Doha: Dubai’s real estate market has made a strong start to 2025, with property sales in January totalling AED44.4bn, a 24.1% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month’s total of 14,236 transactions also represented a 23.2% increase in volume over January 2024. Land sales for January showed the biggest increase, with 811 plots - a 151.9% month-on-month leap in volume - selling for AED8.6bn. Villa sales totalling AED16.4 billion also climbed sharply in volume by 89.6% to 3,117 compared with January last year, and apartment sales worth AED18.2bn were up 7.1% in volume to 9,945. A total of 363 commercial property transactions amounting to AED1.2bn represented a 17.9% increase in volume over…

Andalusia Group, the pioneering real estate developing company in Dubai, is taking a bold step to address a prevalent issue in residential living: the underutilization of amenities due to their suboptimal design and lack of developer focus. The newly launched Bottega Residences is poised to transform this narrative by fostering a vibrant vertical community enriched with high-end facilities. “We recognize the market gap where many residential facilities fall short in design and utility, often being underused by residents," stated Saleh Tabakh, Founder and CEO of Andalusia. "Our mission with Bottega Residences is to shift the paradigm by integrating top-tier amenities that not only enhance living experiences but also foster a dynamic sense of community.", he noted. Partnering with…

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has approved the implementation of a series of housing projects worth AED5.4 billion ($1.5 billion) to benefit citizens across different areas of Dubai. The projects will see 3,004 new homes being built for Emirati citizens in Dubai, of which 1,181 units will come up in Latifa City for beneficiaries under the housing loan category, reported Wam. For beneficiaries in the housing grant category, the projects envisage 606 new homes in Al Yalayis 5, 432 homes in Wadi Al Amardi, 398 homes in Al Awir 1, 200 homes in the Makan area of Hatta, 120 homes in Oud Al Muteena, and 67 homes in the countryside and rural areas of Dubai. Sheikh Mohammed said: "Housing programmes for citizens represent a…

Dubai’s real estate market continued to grow robustly in November, with the residential sector posting a 15.4% year-over-year increase and the commercial market recording a total sales value of AED9.2 billion ($2.5 billion). According to the latest report from Engel & Völkers Middle East, a leader in premium residential and commercial real estate services, the residential market clocked total sales of 12,695. Although the figure reflects a cooling off from October’s record-breaking figures, it underscores the market’s sustainable and steady growth. The month also saw a modest 0.38% increase in average prices, reinforcing the market’s continued uptrend. Increasing appetite An increasing appetite for affordability was evident, with properties under AED1…