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…

UAE - Majid Al Futtaim, a leading pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Central Asia, has announced two significant milestones for its forest living concept, Ghaf Woods – the establishment of a dedicated tree nursery to support the project’s biophilic design concept and the appointment of Innovo Build as the main contractor for its first two phases. Spanning 738,000 sqm off the Sheikh Mohamed bin Zayed Highway, near Global Village, Ghaf Woods will feature over 7,000 premium units, including one, two, and three-bedroom residences and penthouses. The community will also be home to Majid Al Futtaim’s signature multi-purpose hub, Distrikt, which features a curated selection of retail and farm-to-table dining…

Dubai-based developer MAG Group and CITIC Limited, China-based global leader in engineering, procurement, and construction (EPC), have signed a memorandum of understanding (MoU) for the development of Keturah Ardh, a visionary AED22 billion ($6 billion) project spanning 18.47 million sq ft in the Al Rowaiyah First District of Dubai. The signing ceremony brought together two financial powerhouses: MAG Group Holding, with a portfolio valued at $3 billion, ongoing sales worth $5 billion, and developments estimated at approximately $17 billion; and CITIC Limited, which manages total assets exceeding $1.67 trillion. This collaboration, marking CITIC Limited's first major entry into Dubai's premium real estate sector, aligns closely with Dubai's ambitious 2040 Urban Master Plan, further…

Dubai’s Al Furjan neighbourhood will welcome a striking new residential development following the unveiling of Symbolic Zen Residences by Symbolic Developments. The AED210 million ($57.17 million) project blends modern luxury with the philosophy of mindful living, said the developer. This launch marks the developer’s third project in Dubai and second within Al Furjan’s master community. It follows the success of Symbolic Aura, which was sold out swiftly, and the ahead-of-schedule handover of its debut project Symbolic Alpha in Liwan which was delivered in just 14 months, it said. Symbolic Developments, the real estate division of the Speedex Group, focuses on community, well-being, and sustainability. Located along Al Asayel Street in Al Furjan, Symbolic Zen…

Vision Developments, one of the leading UAE real estate developers, announced the launch of two new residential projects, "REEM" and "SOUL," in Dubai. The move is part of their strategic expansion plan into several promising areas in the emirate and provide housing solutions that meet the aspirations of various segments of society. The "REEM" project is located in Liwan area, near Dubai Silicon Oasis and Academic City, with strategic access to Dubai's most prominent educational and technology destinations. It consists of a residential building with a commercial ground floor spanning 8,100 square feet, a parking floor, eight typical floors, and a roof (G+P+8F+R), comprising a total of 198 spacious residential units.The "SOUL" project, located in Dubai Production City, offers a vibrant…

UAE  - Richmind, a premium developer specialising in ultra-niche real estate products and the flagship business vertical of Richmind Holding, has announced its entry into the UAE market with the unveiling of Oystra, a new residential concept on Al Marjan Island, Ras Al Khaimah. Oystra, designed by the world renowned Zaha Hadid Architects (ZHA), is set to become an architectural masterpiece and lifestyle destination in one of the UAE’s first entertainment and gaming destinations. Oystra is slated to be one of the most recognisable residences on the island this year, the developer said, adding it has a future project pipeline of over $1 billion. Oystra’s unveiling was celebrated at a high-profile event which was attended by stalwarts of the real estate industry,…