Developer News

Tarrad Development announced the launch of three new residential projects in Dubai as part of its distinguished series of projects. The official announcement was made during a special event organized by the company on Saturday, October 11, 2025, in Dubai. The event was attended by prominent dignitaries, senior local and international investors, representatives of real estate companies, banks, real estate brokers, and professionals from across the UAE’s property sector. The company noted that the first project, Celesto 1, located in Dubailand, has achieved 100% sales following strong demand since its initial launch. Construction and development works are progressing according to the approved schedule, with the project’s escrow account now fully funded and officially…

The Dubai real estate sector’s upward trajectory over the last five years is highlighted by a new market report today (October 9) which points towards long-term stability and sustainable growth for investors. Over the first nine months of 2025 compared with the same period in 2021, real estate sales soared by 379.9 %. in value from AED104 billion ($28.3 billion) to AED499 billion ($135 billion). Transaction volume also jumped by 266% from 43,200 to 158,400. The dramatic upward curve for the January-September period culminated in a 32.4 % increase in total sales value and a 20.6 % rise in transactions over the last 12 months alone. A market study from fäm Properties shows that average overall monthly real estate sales rose sharply from 14,600 transactions worth AED41.89…

Meraas, a part of Dubai Holding Real Estate, has announced the launch of Nourelle, a distinctive new residence within Madinat Jumeirah Living. Positioned at the heart of Jumeirah, Nourelle strengthens Meraas’s presence in the luxury real estate segment, offering a refined collection of homes distinguished by bold architecture, panoramic views, and wellness-focused amenities. Nourelle is part of a thoughtfully designed three-building residential project, with the first building comprising 66 residences across the 12-storey building, said Meraas in a statement. This includes 27 one-, 28 two-, 10 three- and one four-bedroom apartment, which features floor-to-ceiling glazing designed to maximise natural light and offer expansive views of the surrounding neighbourhood. According to…

Waldorf Astoria Residences Ras Al Khaimah has unveiled the Sky Palace, a palatial triplex spanning its 21st to 23rd floors. Rising high above the Arabian Gulf, the only triplex Sky Palace in Ras Al Khaimah, is priced at AED130 million ($35.4 million). It redefines elevated living with soaring double-height spaces, panoramic sea views, and meticulously crafted interiors, making it the most expensive residence in Ras Al Khaimah, said a statement. Exclusive privileges As the crown jewel of Waldorf Astoria Residences Ras Al Khaimah, the Sky Palace offers its owner a suite of bespoke privileges unmatched by any other residence, including: • A private internal lift connecting all three levels of the triplex. • A VIP lift from the ground floor directly to the 21st floor. •…

Shamal Holding and Marriott International have signed an agreement to establish EDITION branded residences and a hotel at Dubai Harbour, set to be completed in 2029. The development, known as The Dubai Beach EDITION, aims to redefine luxury living and hospitality with its innovative design and exemplary service at one of Dubai's premier seafront locations. The project will feature 165 residences, available in two, three, and four-bedroom configurations, each designed to reflect the brand's ethos of contemporary luxury and refined simplicity, resonating with the seaside environment. Residents will benefit from a range of upscale resort amenities and services, enhancing their lifestyle. Additionally, The Dubai Beach EDITION hotel is planned to host 185 rooms and suites, all offering…

Nakheel, a member of Dubai Holding Real Estate, has appointed Al Nasr Contracting Company LLC to deliver internal roadworks and essential utilities for Bay Villas at Dubai Islands under an AED169 million contract. The scope covers access roads across the 636-unit residential community and the installation of essential utility services, ensuring connectivity between homes, public areas and wider island systems. This appointment supports Nakheel’s approach to sequencing preparatory works with infrastructure delivery, helping to enable efficient community build-out and consistent outcomes for residents. Khalid Al Malik, Chief Executive Officer, Dubai Holding Real Estate, said, “Awarding this infrastructure contract to Al Nasr represents a critical foundation phase for Bay…

Dubai Holding Investments, the dedicated investment arm of Dubai Holding, in partnership with Brookfield Properties, a leading global manager of high-quality real estate assets, has launched Solaya, an exclusive collection of 234 beachfront residences in the Jumeirah 1 neighbourhood at the heart of Dubai. Leveraging the renowned Meraas brand of Dubai Holding Real Estate, the landmark project marks the next chapter of the longstanding partnership between Dubai Holding Investments and Brookfield. After shaping several of Dubai’s most iconic retail and lifestyle destinations, the partners are now bringing their expertise to create a new benchmark in the city’s residential market. Spanning nine buildings across 40 acres, the development offers an elegant mix of two-, three-,…

Mohamed Abu Alnaga, CEO of Abu Alnaga  Developments, said that the Emirate of Dubai is witnessing one of the largest real estate booms in its history.  Real estate sales have reached unprecedented levels since the beginning of the year, driven by the continued influx of foreign investments and the increased demand for both luxury and mid-market residential units. Abu Alnaga pointed out that this boom is not a spur-of-the-moment development, but rather the result of a combination of economic, legislative, and regulatory factors that have boosted the emirate's position as a global real estate destination. He identified 10 key factors contributing to this growth, including the diversity of real estate products, the good reputation of Dubai's developers, stimulating legislation,…

Egypt - Methaq Arab Group (MAG), backed by Emirati expertise and Saudi-Egyptian investment, has launched the unit allocation phase for its integrated residential project, LÁ REVÁ Signature Residence, in the New Administrative Capital. Located in the R8 residential district, the project sits near key landmarks including the Diplomatic District, Capital International Airport, Government District, Downtown, Egypt University of Informatics, and the British University of Hertfordshire branch. MAG acquired the land and submitted a request for the ministerial decree within 30 days of allocation, signalling the project’s fast-track development approach. Covering 38 feddans with a built-up area of 22.5%, LÁ REVÁ features 90,000 sqm of landscaped green areas,…

Emaar, the name behind some of the world’s most iconic destinations, is preparing to unveil its most exclusive residential address to date: Dubai Mansions, a new ultra-luxury community designed for an elite global clientele. Adjacent to Dubai Hills Estate, this limited collection of ultra-luxury mansions, each available in 10,000, 15,000, or 20,000 sq ft, is designed to embody space, elegance, and prestige. With architecture and design inspired by timeless sophistication and international luxury benchmarks, this private enclave is set to elevate Dubai’s position as a magnet for ultra-high-net-worth individuals seeking privacy, prestige, and perfection, all in one address, the developer said. Positioned in one of Dubai’s most desirable corridors, Dubai Mansions promises…

 Aldar today announced the complete sell-out of 450 townhomes at Al Deem, the vibrant new Emirati community located in the northeast of Yas Island. With sales surpassing AED1.8 billion, the overwhelming demand for Al Deem reaffirms the appetite for high-quality, family-focused communities amongst Emirati families and Aldar’s continued focus on delivering homes to suit the needs of all residents in Abu Dhabi. At Al Deem, 68 percent of sales were completed by male buyers, with females representing the remaining 32 percent. Notably, 56 percent of buyers are first time Aldar buyers, with repeat customers completing 44 percent of sales. 63 percent of all buyers intend to live in Al Deem and 64 percent of buyers are under 45 years old. 84 percent of buyers reside in Abu Dhabi, with…

Following its landmark international launches beneath the Pyramids of Giza and along Egypt’s North Coast in El-Alamein, Binghatti has now brought its global vision to Turkey, Istanbul, with the unveiling of its AED 2 billion Dubai development, Binghatti Skyblade. The international project launch was celebrated with a prestigious gala dinner at the five-star Rixos Tersane Istanbul, overlooking the Golden Horn and Bosphorus Sea. The evening welcomed over 2,000 distinguished guests, including investors, business leaders, dignitaries, and cultural icons. The event was hosted by Hollywood legend Terry Crews, whose presence added star power and charisma to an already extraordinary occasion. Guests were treated to an elegant gala dinner accompanied by a live orchestra, creating an…