Developer News

Azaan Khan, the Chief Executive Officer of Dugasta Properties, has made a mark with unprecedented success backed by innovative solutions that helped the company sell out projects one after the other in quick succession.   Still in his 20s, he is the new leader of Dugasta Properties and has made his mark in the first few months by selling out both projects of Al Haseen Residences in Dubai Industrial City (DIC) by introducing a game-changing and innovative five-year 50 percent rental guarantee supported with a buy-back option that is too good for property buyers to resist.   Azaan Khan's visionary leadership has played a pivotal role in propelling Dugasta Properties to the forefront of the real estate industry, marking a new era of innovation and…

UAE - Private developer Amwaj Development has entered the Dubai real estate market with the launch of its first project to cash in on the rising demand for the property market. The Starlight Park is a four-building freehold community in Meydan, offering 172 apartments including 1, 2 and 3-bedroom units. The completion date for Starlight Park is set for the second quarter of 2026. The developer plans to launch a few more developments which will see over 1.5 million square feet this year. “Dubai’s real estate market has been growing rapidly over the last 3 years and we felt it is time for us to establish a strong base in this market which is expected to continue its growth trajectory for many years to come. Starlight Park is the first of several new projects that we plan to…

UAE - Emirati developer Binghatti has announced plans to launch a new mega development in Dubai, comprising a total of 1,666 residential units and 21 retail spaces adjacent to Dubai Hills. The landmark project, Binghatti Hills, is set to become the most expansive development within the community. The unveiling, on April 29, will be followed by a four-day sales event in Four Seasons Jumeirah, Dubai. The project will draw inspiration from the natural contours of terrains. Binghatti Hills seeks to capture the serene ambiance of a rolling hillside and translate it into an architectural masterpiece that embodies the spirit of tranquility amidst the bustle of city living, said the developer. “Binghatti Hills will feature private pools and lush sky gardens interwoven into the fabric of…

ARA Real Estate Development, a Core Holding subsidiary, proudly assumed the full development and management responsibilities for the Arabian Hills Estate during an exclusive event recently held in Madinat Jumeirah last night. DECA Properties will be the exclusive sales and marketing partner for this ambitious 244 million-square-foot project in Abu Dhabi. This partnership marks a significant step towards realizing the vision of Arabian Hills Estate and aligns with the capital city’s 2030 vision for sustainable development and community-centric living. Arabian Hills Estate is a master-planned, gated community that embraces innovation and sustainable living. It offers open, freehold ownership, appealing to a diverse clientele seeking a modern lifestyle. The project incorporates…

Dubai real estate market is playing a very important role in the emirate’s economic growth. The fundamentals of the property sector are very strong and it is gaining acceleration after the successful conclusion of the Expo 2020 Dubai, said Firas Al Msaddi, Founder & CEO of fäm Properties at the launch of his first book ‘The Art of Real Estate Investment – From Entry to Exit’. Adding another facet to his dynamic personality, the real estate tycoon, deep dives into Dubai’s real estate investment portfolio to lay out the nuances and help readers make the right decisions through knowledge and negotiations. The book provides a complete roadmap to investors about the right decisions of entry and exit to the market and outlines various tips and methods to…

Private developer Amwaj Development has entered the Dubai real estate market with the launch of its first project to cash in on the rising demand for the property market.   The Starlight Park is a four-building freehold community in Meydan, offering 172 apartments including 1, 2 and 3-bedroom units.     The completion date for Starlight Park is set for the second quarter of 2026.   The developer plans to launch a few more developments which will see over 1.5 million square feet this year.     “Dubai’s real estate market has been growing rapidly over the last 3 years and we felt it is time for us to establish a strong base in this market which is expected to continue its growth trajectory for many years to come. Starlight Park is the…

In the Dubai Hills district, developer Binghatti, based in Dubai, is starting a brand-new, massive real estate project. The development known as Binghatti Hills is expected to be the biggest undertaking in Dubai Hills, encompassing 1,666 residential units spread over an extensive land area along with 21 retail spaces. The Four Seasons Jumeirah in Dubai will host a four-day sales event after the project’s unveiling ceremony on April 29. First glimpses of Binghatti’s ambitious plans to create a historic development for the Dubai Hills community will be given at the ceremony. According to a statement from the developer, Binghatti Hills takes its architectural cues from rolling hills and seeks to emulate the peace of hillsides. It will have private pools and verdant sky gardens…

The Emirati developer Binghatti is launching a new mega development in Dubai. The landmark project Binghatti Hills is set to become the most expansive development within the community. The unveiling of this project will be held on the 29th of April followed by a four-day sales event in Four Seasons Jumeirah, Dubai.   The exquisite project will comprise a total of 1666 residential units and 21 retail spaces. Drawing inspiration from the natural contours of terrains, Binghatti Hills seeks to capture the serene ambiance of a rolling hillside and translate it into an architectural masterpiece that embodies the spirit of tranquility amidst the bustle of city living.   Binghatti Hills will feature private pools and lush sky gardens interwoven into the fabric of the architectural…

Dubai developer highest ever property sales of Dh40.3 billion for 2023 The Annual General Meeting (AGM) of Emaar Properties PJSC was held in Dubai on Monday, April 22, 2024, where shareholders approved the Board of Directors’ proposal for a notable dividend of 50 fils per share amounting to Dh4.4 billion ($ 1.2 billion), underscoring the company’s robust profitability and commitment to shareholder returns and reflecting the company’s strong financial health. Both the auditor’s report and the board’s report on the company’s activities and financial position for the year 2023 were approved at the meeting.   At the AGM, the board of directors reported the company’s strong performance in 2023 and discussed the rigorous measures taken to ensure…

Further Developers in Dubai have stepped up to help their communities after last week’s intense rains resulted in significant flooding, damage to cars, and destruction of property.   They promised to cover the cost of repairs for the impacted residents.   Private real estate developer MAG has pledged to assist its customers impacted by the recent heavy rains. “The company will cover all the costs of necessary repairs for affected residents, across its residential developments,” MAG said in a statement.   “In light of the unprecedented weather conditions experienced in the UAE earlier this week, it is incumbent upon us to stand by our customers during these challenging times. The resilience demonstrated by our residents, coupled with the…

Danube Properties, the fastest-growing private real estate developer in the United Arab Emirates (UAE), becomes the first to launch a gym with Salman Khan’s ‘Being Strong Fitness Equipment’ range. Situated within its iconic 65-storeyed skyscraper named Diamondz at Jumeirah Lake Towers in Dubai, UAE; the most awaited gym is set to revolutionise the fitness experience for customers keen to enjoy a healthy lifestyle by following a quality fitness regime. Salman Khan’s Being Strong Fitness Equipment is meticulously designed, and this one-of-its-kind Danube gym is a part of Diamondz – the latest project by Danube Properties. The launch of Being Strong Equipment at Diamondz was attended by Salman Khan as the Chief Guest alongside other key dignitaries from the…

More Dubai developers have come forward to support their communities after torrential rains this week caused massive flooding and damage to vehicles and properties.   They assured to provide repairs to affected residents free of cost.   Private real estate developer MAG has pledged to assist its customers impacted by the recent heavy rains. “The company will cover all the costs of necessary repairs for affected residents, across its residential developments,” MAG said in a statement.   “In light of the unprecedented weather conditions experienced in the UAE earlier this week, it is incumbent upon us to stand by our customers during these challenging times. The resilience demonstrated by our residents, coupled with the supportive measures enacted by…