Dubai World Trade Centre (DWTC) has initiated the first phase of the Dubai Exhibition Centre (DEC) expansion at Expo City Dubai, with enabling works and piling contracts now completed, and main contract works underway. The AED10 billion expansion masterplan, approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, in September this year, will transform Dubai Exhibition Centre (DEC) into the region’s largest indoor events venue upon completion. The expanded DEC will serve as the new home for mega exhibitions and allowing Dubai to double the number of large-scale events hosted annually from around 300 today to over 600 by 2033, reinforcing the emirates’ status as a leading hub for international exhibitions and business…

  Nakheel, a member of Dubai Holding’s pioneering real estate arm Dubai Holding Real Estate, today announced the highly anticipated release of its latest luxury residences at Palm Jebel Ali: The Beach Collection – an exclusive collection of 10 bespoke beach villa styles. Crafted by world-leading architects, this latest release brings to market a new level of elegance in the heart of Dubai's most coveted island destination. Situated on prime beachfront locations along the fronds of Palm Jebel Ali, these five- and six- bedroom villas, ranging from 7,300 sq ft to 8,500 sq ft, offer unparalleled privacy and exclusivity. Residents will enjoy direct private beach access, seamlessly blending luxury living with breathtaking coastal beauty. The Beach Collection showcases 10…

Dubai-based Al Habtoor Real Estate said it has achieved a major construction milestone at its luxurious residential project, The Residences, Al Habtoor Grand, with the launch of super structure works at the Jumeirah Beach facility in a record time. A 49-storey tower in the heart of Dubai Marina, it features 2 to 4-bedroom apartments, townhouses and penthouses, all with private beach access. Each residence boasts breathtaking views of Dubai Marina and the Gulf, ensuring an unparalleled waterfront experience, it stated. The proposed development provides a sanctuary for leisure and wellness, featuring a rooftop swimming pool, recreation facilities, a fully equipped gym, tennis courts, and jogging tracks, said Al Habtoor Real Estate in a statement. Residents enjoy abundant entertainment…

Dubai’s commercial office market is reaching new heights, with unprecedented demand driving occupancy rates and rental growth across prime business districts, according to a report by Savills, a global real estate services provider. Driven by a substantial rise in new business registrations and expansion activities by existing firms, including those in finance and technology sectors, the city’s real estate landscape is more competitive than ever, positioning Dubai as a top global business destination, stated Savills in its Q3 2024 Dubai Office Market report. According to the report, over 24,000 new businesses were registered in the first half of 2024, marking a 5% year-on-year growth. This surge underscores the strong economic momentum fuelled by the Dubai Economic Agenda…

UAE-based Reef Luxury Developments, a pioneer in innovative real estate solutions, has announced the launch of Reef 1000, a transformative boutique project featuring 125 unique homes located in the Dubai Land Residential Complex. An AED175 million project, Reef 1000 offers a variety of floor plans, including studio units with four different ranges, a one-bedroom unit with eight types, two-bedroom units with six types as well as exclusive duplex townhouses with four types. The residential properties at this new development boast a range of premium amenities including a patented, integrated climate-controlled sunken gardens. A one-of-a-kind in the world, the sunken gardens provide a practical solution for outdoor living in the UAE’s challenging climate. It represents a significant…

LEOS Developments, an award-winning British real estate developer, has unveiled its groundbreaking residential community - Kensington Gardens - in Dubai that offers residents a modern luxury living with a blend of British craftsmanship and forward-thinking design. The key development features a range of high-end 3-5 bedroom townhouses and expansive 6-7 bedroom villas, each equipped with smart home systems, hydroponic vertical gardens, and energy-efficient features such as solar water heating and LED lighting. Inspired by the timeless elegance of crystal, every detail of the project is crafted to elevate the living experience, said LEOS Developments in a statement. Combining sophisticated open-plan layouts with a touch of boutique charm, the community is designed to foster an…

Deyaar Development PJSC (Deyaar) has launched RIVAGE — its first residential project on the prestigious Al Reem Island in Abu Dhabi emirate. The launch marks a key milestone in the strategic partnership between Deyaar and Arady Properties PSC. The development offers the perfect blend of luxury living, breathtaking views, and world-class amenities while integrating sustainability within a master peace architectural design. RIVAGE offers a range of residential options, providing flexibility for both investors and families, featuring 1, 2, and 3-bedroom luxury residences, opulent duplexes, bespoke Sky Villas and the celestial Sky Palaces. Construction for RIVAGE is scheduled for completion in Q4 2027, according to a company press release. Commenting on the launch, Saeed Mohammed Al…

Nabni Developments, a leading developer in Dubai, has announced the launch of its latest residential project within Al Furjan community - Avenue Residence 7 by Nabni - featuring 166 luxury apartments with a mix of one- to three-bedroom units as well as key Emirati-inspired amenities and a serene outdoor Ghaf garden. Conveniently located within walking distance of the Discovery Gardens metro station in the vibrant Al Furjan community, Avenue Residence 7 is the first Emirati-inspired off-plan project from Nabni in Dubai and has easy access to the major highways. It comes following the successful sale of Avenue Residence 1-6, said the developer in a statement. The luxurious 12-storey apartment building represents a new chapter in Nabni's success story. Featuring an Emirati-inspired facade…

Dubai, the Gulf region’s commercial hub, recorded a busy period in 2024 with the value of real estate deals surging far above $100 billion. Official data published by Alkhaleej newspaper on Friday showed sales of houses accounted for more than half the total real estate turnover in the first 10 months. The figures by Dubai’s Land Department showed overall real estate transactions totalled around 432 billion UAE dirhams ($118 billion) in the first 10 months. Deals involving the sale of apartments, villas and hotel apartments stood at nearly AED277 billion ($75.5 billion), according to the report. Apartment sales accounted for the bulk of those deals, standing at about AED222 billion ($60.5 billion) while villa sales stood at AED48.3 billion ($13.1 billion) and those of…

Driven Properties has forecast a significant surge in property values in Dubai’s Canal Front district within the next 12 months, anticipating prices to escalate by over 40%. Current averages of AED2,700 ($735.1) per square foot are expected to rise to over AED3,800 per square foot as property handovers commence and the community continues to flourish, said Driven announcing the completion of an AED259 million acquisition of two prime buildings in the Canal Front district along the Jumeirah Water Canal. This strategic investment solidifies the company's standing as the largest property owner in the district, positioning it to capitalise on the area's rapid growth potential. Total investment rises to AED9 billion This latest acquisition brings Driven Properties' total investment…

Master real estate developer Expo City Dubai has appointed Ginco General Contracting as the main construction contractor for its gated housing community Expo Valley, marking a major milestone in the city’s vision to create an exceptional residential experience defined by sustainability and world-class design. With most villas and townhouses already sold, the appointment of the contractor is an important next step as Expo Valley prepares to welcome its first residents in 2026. Based in Dubai since 1975, Ginco has successfully delivered residential projects for major developers across the UAE and will lead the construction of 484 units at Expo Valley, one of five districts in Expo City’s new masterplan. Ahmed Al Khatib, Chief Development and Delivery Officer, Expo City Dubai,…

RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, has announced the release of the final phase of Quattro Del Mar, its iconic waterfront development in Mina Al Arab. This follows the successful launch of the project during 2024 and subsequent to rapid sell-out of released units. RAK Properties’ flagship waterfront community, Quattro Del Mar is a key addition to the destination’s holistic vision for urban island living. The development’s appeal lies in its diverse range of residences - from studios and one-bedroom apartments to spacious Sky Duplexes and Garden Townhouses - offering an exceptional island living experience. Residents will also enjoy a unique blend of premium amenities and easy access to the exclusive Nikki Beach Resort…