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. •…

Abu Dhabi - RAK Properties has launched the second phase of Mirasol, an expansive resort-style apartment community on Mina, according to a press release. The development scheme comprises 280 units across visually distinct and architecturally striking buildings. Upon completion, the second phase of Mirasol will be home to a collection of three fully integrated residential communities. Mirasol phase II includes apartments ranging from 389 to 524 square feet for an elegantly appointed studio to expansive 3,741 square feet three-bed penthouses. Sameh Muhtadi, CEO of RAK Properties, said: “As we have seen with previous launches across Mina, the luxury segment continues to drive the real estate in the UAE and Ras Al Khaimah, with developments such as Downtown Mina seamlessly…

The Emirate of Abu Dhabi is marketing a US dollar three-year Reg S 144A bond at US Treasuries plus 40 basis points (bps) area and a 10-year at 55bps area. Books for the bonds had topped $10 billion by 11:00 am in Dubai, excluding JLM interest and was marginally skewed to the 10-year. The senior unsecured notes will be rated AA/AA (S&P/Fitch), in line with the issuer's Aa2/AA/AA ratings. The notes will be listed in London and Abu Dhabi. Citi, First Abu Dhabi Bank, Goldman Sachs International, HSBC, Morgan Stanley, and Standard Chartered are the global coordinators. They are also lead managers and bookrunners along with Abu Dhabi Commercial Bank, Bank of China, Emirates NBD Capital, ICBC, JP Morgan, and SMBC.

AJMAN - The Department of Land and Real Estate Regulation in Ajman reported completing 155 real estate valuation transactions in August with a total value exceeding AED414.2 million. Omar bin Omair Al Muhairi, Director-General of the Department, said the valuations covered residential, commercial and industrial properties, with residential properties accounting for the largest share at AED168 million, followed by commercial properties at AED158.7 million. He added that the August report also included personal valuations, court and institutional requests, and valuations linked to long-term golden residency permits for investors, which reached 107 transactions with a total value of AED177.85 million.

Abu Dhabi sold its $1 billion 3-year bond at 3.625%, or US Treasuries plus 10 basis points (bps), 20 bp inside the guidance on strong investor demand. The $2 billion 10-year tranche was launched at 4.25% 18bps over UST. The combined order book exceeded $16 billion, excluding JLM interest. The Reg S senior unsecured notes will be rated AA/AA (S&P/Fitch), in line with the issuer's Aa2/AA/AA ratings. The notes will be listed in London and Abu Dhabi. Citi, First Abu Dhabi Bank, Goldman Sachs International, HSBC, Morgan Stanley, and Standard Chartered are the global coordinators. They are also lead managers and bookrunners along with Abu Dhabi Commercial Bank, Bank of China, Emirates NBD Capital, ICBC, JP Morgan, and SMBC.

RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, has announced the launch of the second phase of Mirasol, an expansive resort-style apartment community on Mina, the premium waterfront destination for elevated living. The next exciting chapter in the rapid growth and evolution of Raha Island, the second phase of Mirasol comprises 280 units across visually distinct and architecturally striking buildings, making it one of the most prominent and well-connected apartment complexes within the dynamic North Harbour neighbourhood. When Mirasol launched in January 2025, it quickly sold out with buyers eager to purchase homes in one of the fastest-growing real estate markets in the region, and beyond. This second phase of Mirasol is expected to attract similar,…

Demand continues to surpass deliveries in the Abu Dhabi real estate market with the sector experiencing the strongest ever half-year performance in the first half of this year, says a new report. The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi's real estate sector, has released its inaugural ‘Real Estate Market Report’ marking a new chapter in strengthening transparency, trust, and data driven decision making in the sector.  The in-depth report highlights the strongest ever half year performance of the sector, driven by population growth, foreign investment, and a transition to premium grade developments.  Record transactions growth Based on the findings in the report, the total value of real estate transactions in the first…

RAK Properties has announced the launch of the second phase of Mirasol, a resort-style apartment community on Mina. Upon completion, the second phase will feature three fully integrated residential communities, incliuding two low-rise apartment buildings complemented by duplexes with harbour views. Units range from 389–524 sq ft studios priced from AED861,000 to 3,741 sq ft three-bedroom penthouses. Amenities include an Oasis Pool overlooking the Arabian Gulf, a children’s play area with splash pool, and sunken lounge beds. Sameh Muhtadi, Chief Executive Officer of RAK Properties, said, “The launch of phase two of Mirasol is yet another proud moment in the ongoing growth of our flagship Mina waterfront community and Raha Island. The dynamic story of Mina continues to…

Abu Dhabi, UAE – 10 September 2025 – Following the overwhelming success of BRABUS Island’s first chapter of waterfront apartments, Cosmo Developments, powered and fully managed by Reportage Group, in collaboration with the German mobility brand BRABUS proudly announces the launch of Chapter 2: BRABUS Villas – an exclusive new collection redefining island living. Situated at the heart of BRABUS Island, these villas embody the brand’s bold DNA: precision engineering, luxury craftsmanship, and a lifestyle that merges power and elegance. Where Chapter 1 celebrated waterfront apartment living, Chapter 2 offers private residences with expansive layouts, lush gardens, and direct access to the island’s vibrant amenities. “BRABUS Villas elevate the…

Sharjah’s real estate sector achieved a significant milestone in July 2025, recording the highest monthly transaction value since the beginning of the year. According to the latest report from the Sharjah Real Estate Registration Department, total real estate transactions amounted to AED7.5 billion across 11,377 deals, with sales spanning over 23.2 million square feet. This remarkable growth highlights a strong acceleration in the emirate’s development and investment momentum. The exceptional performance signals rising investor confidence in Sharjah’s real estate market, which continues to attract a broad spectrum of local, regional, and international investors. The growth is underpinned by robust fundamentals, including clear regulatory frameworks, a stable economic…

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…