The Dubai-listed developer Emaar Properties posted a net profit attributable of 7.08 billion UAE dirhams ($1.9 billion) for H1 2025, marking a 33% year-on-year (YoY) increase, driven by robust property sales. Revenue rose 38% YoY to AED 19.8 billion, supported by strong performance across its development, retail, hospitality, and international segments. The company’s revenue backlog from property sales surged 62% YoY to AED 146.3 billion as of June-end. Emaar Development Emaar’s majority-owned subsidiary, Emaar Development, reported a 50% YoY rise in net profit (before tax) to AED 5.5 billion for H1 2025. Revenue grew 35% YoY to AED 10 billion, while its revenue backlog climbed 59% YoY to AED 117.7 billion as of June 30. The build-to-sell property development arm…

Shamal Holding, a leading UAE-based diversified investment firm, has unveiled - Naïa Island Dubai - a landmark private estate set to redefine ultra-luxury living in the region. Located just off Jumeirah’s coastline and seamlessly connected to Dubai’s principal roadways, Naïa Island Dubai has been designed as a resort masterplan shaped around open green spaces and coastal terrain. Its low-lying architecture offers unparalleled views of Dubai’s iconic landmarks, beautifully framed by the open sea. It is intended to provide residents and guests with the ultimate sense of exclusivity, privacy, and natural beauty. At its heart, the island hosts the region’s first Cheval Blanc maison, which promises to set new standards for hospitality in the region, said…

Azizi Developments, a leading private developer in the UAE, has announced the launch of Azizi Abraham, a vibrant new residential development located within the Jebel Ali Free Zone (Jafza). The project features a selection of studios, one-, two- and three-bedroom apartments with stylish exteriors, ultra-modern interiors, and exclusive amenities. These include rooftop infinity pools, a modern cinema, fully equipped fitness centre, kids’ play areas, saunas, jacuzzies, steam rooms, BBQ areas and landscaped jogging and cycling tracks, said Azizi in a statement. Set against the Shiekh Zayed Road backdrop with immediate metro connectivity, Azizi Abraham offers excellent accessibility to key commercial and leisure destinations, including Ibn Battuta Mall, Dubai Marina, Expo City, and Al…

Leading real estate developer London Gate has announced the launch of three distinct residential projects in collaboration with Octa Properties in Dubai including a Franck Muller-branded residential development that brings the signature sophistication of the Swiss watch brand to a striking new waterfront address. For these projects, London Gate will be the launching developer, while Octa Properties will be the exclusive sales and marketing partner. The new lineup of projects has been presented as part of the companies’ ongoing collaboration, in a bold move to redefine the emirate’s property sector. These projects are: •A modern, design-led collection of studios, one- and two-bedroom apartments in Dubai South, with family-friendly amenities and a stunning…

IFA Hotels & Resorts has announced the start of a new phase of infrastructure works at its key residential development, Al Tay Hills, strategically located in the Al Tai area of Sharjah directly on Emirates Road. The project is being developed by Kuwait Real Estate Company, in collaboration with IFA Hotels & Resorts, at a total cost of AED3.5 billion ($952 million). Spread over 6 million sq ft area, Al Tay Hills will boast more than 1,100 residential units comprising villas and townhouses of various designs and spaces, said the statement from IFA Hotels & Resorts. The project's units range from three- to six-bedroom units and will also have luxury facilities such as private pools and green spaces, spread over three developmental phases, it stated. As the project master…

Sustainability-focused developer Fakhruddin Properties today (July 28) broke ground on its newest residential project, the 32-storey Treppan Tower, located in Jumeirah Village Triangle, Dubai. A flagship Treppan Living branded development, it will be home to 264 contemporary one- and two-bedroom apartments, and limited number of three-bedroom sky villas, units ranging in size from 479 to 2,916-sq ft and occupying 25 residential floors. A further two floors will be dedicated to revolutionary and wellness-focused lifestyle amenities including Zen inspired landscaping, with five podium parking levels, said the developer. This builds on the April establishment of the Real Estate Alliance, a Dubai Land Department (DLD) strategic initiative that brings together a quartet of leading…

Binghatti, one of the leading real estate developers in the UAE, has made another historic mark on Egypt’s North Coast with a grand seaside event attended by over 7,500 guests, increasing the turnout of its previous Cairo showcase beneath the Pyramids. The monumental evening was headlined by none other than Kadim Al Sahir, the legendary “Caesar of Arabic Music,” who delivered an unforgettable performance under the stars. Held at the scenic North Square Plaza in New El-Alamein, the event drew a guest list of local celebrities, business leaders, and dignitaries. Hollywood icon Terry Crews served as master of ceremonies and expressed his fascination by the impressive event. “What I’ve just seen amounts to the highest global standards, regarding the organization…

DUBAI, United Arab Emirates & NOIDA, India -- (BUSINESS WIRE) -- CRC Group, a leading player in North India’s real estate sector, has unveiled its uber ultra-luxury experiential residential development, The PERIDONA, located within Jaypee Greens Golf Course in Greater Noida. With a development outlay of Rs15 billion (exclusive of land cost), the project signals CRC’s strategic intent to elevate its portfolio into the ultra-premium segment. Spanning a total built-up area of 3.1 million sq. ft., the project will comprise 341 apartments. Unveiled during a marquee event in Dubai, The PERIDONA brings together an extraordinary lineup of design and architecture consultants: Killa Design, renowned for crafting Dubai’s Museum of the Future; Rockwell Group, the New…

In a move that reflects its ambitious vision to develop innovative and integrated real estate projects, Golden View Developments has announced the upcoming launch of its latest project, “TO-GTHER,” in one of the most prestigious areas of New Cairo—South Academy. The project introduces a fully integrated investment community that combines hospitality, tourism, commercial, administrative, and medical units. It is supported by a world-class operational system and strategic partnerships with leading local and international experts. Golden View stated that TO-GTHER reflects the company’s philosophy of delivering real value to both clients and investors by combining intelligent design with meticulous operational details, ensuring a unique investment experience with…

Karma Developers has announced the launch of Antalya, a design-forward residential development in Dubai Sports City, featuring 192 thoughtfully designed residences - ranging from studios to spacious three-bedroom apartments. Each of these units is optimised for natural light and seamless flow, connecting residents to a curated selection of wellness-driven amenities. Envisioned as a modern-day architectural landmark by veteran architect and Karma Founder, SN Saxena, Antalya is a masterclass in architectural precision, combining intuitive spatial planning with bold, expressive design, said the developer. With a legacy spanning over four decades in shaping Dubai’s built environment, Saxena has delivered yet another signature project – one that redefines the intersection of…

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,…