SHARJAH: Al Rasikhoon Real Estate announced the launch of its latest landmark development in Sharjah, Rawdat Al Sidir, and the commencement of sales for residential, commercial and industrial land plots within the master plan of the project, which spans a total area of 8.5 million square feet. This strategic unveiling reflects the company’s broader vision to create integrated, thoughtfully planned communities that blend residential comfort with commercial opportunity. The announcement came during a high-profile event held on Sunday, July 27 at Al Jawaher Reception and Convention Centre. The ceremony was graced by bdallah Sultan Al Owais, the Chairman of the Sharjah Chamber of Commerce and Industry, Mohammad Ahmed Amin Al-Awadi, Director-General of Sharjah Chamber of Commerce and…

Leading Abu Dhabi developer Aldar has announced the record-breaking sale of an eight-bedroom ultra-luxury mansion in Faya Al Saadiyat - an exclusive beachfront community located on one of the last remaining villa plots on Saadiyat Island - for AED400 million ($109 million), thus making it the most valued home ever sold in Abu Dhabi. This follows the AED137 million sale of Aldar’s Nobu Residences Abu Dhabi penthouse on Saadiyat Island. The record sale reflects the sustained growth of Abu Dhabi’s luxury real estate market, driven by strong demand from high-net-worth individuals (HNWIs), long-term residents, and international investors, said a statement from Aldar. With Abu Dhabi’s population surpassing four million, Saadiyat Island has established itself as the most…

Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, begins the Phase 1 delivery of Danah Bay, its mixed-use beachfront development on Al Marjan Island in Ras Al Khaimah. A total of 171 landside villas have been completed and are ready for handover. This includes 143 townhouses and 3- and 4-bedroom villas, with internal and external works, service installations, and infrastructure fully finalised. The construction work is currently under way on the breakwater villas and the apartment tower, said the statement from DIR. In addition, 28 premium landside villas featuring spacious 4- and 5-bedroom configurations have also reached 100% completion, with all construction and landscaping works concluded, it stated. According to DIR, the progress continues on the Breakwater…

Al Hamra, the leading lifestyle developer and real estate investment company in Ras Al Khaimah, has officially launched two landmark residential developments Al Hamra Greens and Aila Homes - with a combined investment value of more than AED3 billion ($817 million). The launch event, held at Madinat Jumeirah, Dubai, was attended by over 1,000 brokers and industry stakeholders. Located in Al Hamra Village, both projects highlight the developer’s focus on design-led, high-quality living. Al Hamra Greens is a wellness-centric community inspired by Scandinavian design and rooted in the philosophy of “Reconnect with Living,” said the developer. Located opposite RAK Central, it offers breathtaking views of RAK’s urban hub, the Al Hamra Championship Golf Course, and…

In a landmark move set to reshape lifestyle-led real estate in the capital, Alain, a leading Abu Dhabi-based asset management company, has joined hands with Vida Hotels & Resorts, a vibrant lifestyle brand by Emaar Hospitality Group, to launch the first Vida-branded residences in Abu Dhabi. The new project, Vida Residences Saadiyat Island, introduces a contemporary, fully furnished living concept with 121 one-, two-, and three-bedroom residences, where creative design meets effortless sophistication, it stated. Saadiyat Island, home to the Louvre Abu Dhabi and the upcoming Guggenheim and Zayed National Museum, is the cultural soul of the UAE, where soft sandy shores meet world-renowned museums and galleries. Just minutes from the city centre yet surrounded by calm, it offers…

Leading Abu Dhabi developer Modon has announced the complete sell-out of its first residential plots, Wadeem, on Hudayriyat Island within 72 hours of launch, generating sales of AED5.5 billion ($1.5 billion). The sales place Wadeem as 2025’s highest-valued real estate release in Abu Dhabi to date, said a statement from Modon. Set opposite Abu Dhabi’s prestigious Al Bateen area, Wadeem is the first new offering of land so close to the city’s most exclusive areas in more than 15 years, as well as the first residential plots release on Hudayriyat Island. The rapid sell-out reflects strong demand and rising confidence in the emirate’s real estate projects, it stated. Plots in Wadeem feature ample room for a four- to six-bedroom villa and are generous enough to…

UAE-based Mira Developments and Gianfranco Ferré Home have joined hands to unveil its premium waterfront development - Gianfranco Ferré Residences - at the very tip of Al Marjan Island in the northern emirate of Ras Al Khaimah. Established in 2014, the Gianfranco Ferré Home line creates elegant and exclusive furnishings, reflecting an eclectic, versatile and timeless style. The collection is rooted in the creative legacy of Gianfranco Ferré, the 'Architect of Fashion', an iconic figure in the fashion world. Unveiling the project, Mira Developments said these fully furnished, ready-to-move-in homes offer majestic aquatic scenery from nearly every point of view, surrounded by the Arabian Gulf on three sides. The tranquil rhythm of the sea is complemented by…

The Emirate of Sharjah recorded strong performance in its real estate sector during May 2025, with total trading value of AED5.5 billion across 8,415 transactions in various areas of the emirate. The total traded area of sales transactions reached 13.2 million square feet, which reflects the continued strength and strategic development of the emirate’s real estate market. The real estate sector in Sharjah is undergoing a strategic transformation, marking a clear shift from traditional growth patterns toward a more advanced, diversified, and sustainable phase. This evolution is reflected in the rising range of investors and the increasing variety of real estate uses entering the market. Underlying this transition is the growing maturity of the sector, driven by a combination of key…

H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has issued an Emiri Decree restructuring the Board of Directors of the Ajman Properties Corporation (AQAAR). Under Emiri Decree No. (12) of 2025, Sheikh Rashid bin Humaid Al Nuaimi has been appointed Chairman of the Board, with Sheikh Humaid bin Ammar Al Nuaimi named Vice Chairman. The Board also includes three members. The Board’s term will last for four years from the date of the decree’s issuance. The decree is effective from the date of issuance and shall be published in the Official Gazette.

AJMAN  – Ajman Municipality & Planning Department has reported significant growth in the value of rental contracts for the first quarter of 2025, reaching AED 1.355 billion. This represents a 41% increase compared to the same period over the past three years.  The growth underscores the success of the Ajman Vision 2030's objectives to foster a competitive business environment and an investment conducive climate, directly supporting strategic goals for enhancing the business climate and investment promotion. Abdulrahman Mohammed Al Nuaimi, Director General of the Department, stated that the Emirate of Ajman continues to strengthen its position as a leading destination for sustainable development and is confidently advancing toward achieving quality of life and…

UAE - Ardee Developments, the newest player in the UAE’s real estate market, has officially launched with the unveiling of Ardee Al Marjan Island - a landmark multipurpose destination and the largest development on Al Marjan Island, Ras Al Khaimah.  Spanning over 2.5 million sq ft, Ardee Al Marjan Island is a multibillion-dirham flagship project designed as a vibrant lifestyle community. Blending luxury living with hospitality, retail, leisure, and entertainment, the master-planned development will feature branded and serviced residences, townhouses, and private villas, along with a luxury hotel, an immersive F&B and retail promenade, and diverse lifestyle amenities — all integrated into a seamless, future-forward coastal environment, said the developer. On the…

ABU DHABI: The UAE's housing sector for citizens witnessed a significant boost in the first quarter of 2025, designated as the "Year of Community," with the launch of extensive initiatives and projects reflecting the leadership's commitment to family stability and well-being. The UAE is developing its citizen housing sector at both federal and local levels through an ambitious strategy focused on innovation and excellence in solutions and services. This has contributed to a citizen homeownership rate exceeding 91 percent by the end of 2024, among the highest globally. In January, over AED1 billion in housing approvals were granted under the Sheikh Zayed Housing Programme to more than 1,300 citizens. The number of beneficiaries will increase throughout the year to meet all submitted…