The UAE has officially launched the “Downtown Umm Al Quwain” coastal development, which aims to accommodate 150 000 residents. This major project encompasses a masterplan covering 25 million square feet and will significantly alter the emirate’s urban and economic environment. The development boasts an 11-kilometer continuous coastline, which includes 7 kilometers of natural beaches and...
Nord Lifestyle Development has announced the launch of HENGE Residences, a flagship development valued at AED 500 million located on Saadiyat Island in Abu Dhabi. This project, created in collaboration with the renowned Italian design house HENGE, marks the brand’s first venture into the Abu Dhabi real estate market and aims to redefine luxury residential...
Two online property platforms based in Dubai, Dubizzle Ltd. and Property Finder, are reaching out to equity investors in the coming weeks. This initiative aligns with a broader trend of companies looking to capitalize on the city’s thriving real estate market. According to sources familiar with the situation, Dubizzle is planning to meet with potential...
The real estate sector in the GCC saw transactions reach $78.2 billion in the first quarter of 2025, marking a growth of between 20.5 percent and 22.3 percent, according to estimates from Sakan. Dubai led the market with $38.7 billion in sales, which accounted for nearly half of the total transaction value across the region....
The Dubai Land Department (DLD) is improving transparency in the real estate sector through an AI-powered platform that monitors real estate advertisements. Since the platform’s launch, it has tracked over 279 000 ads across popular websites such as Property Finder, Dubizzle, and Bayut. This initiative aims to ensure that property listings are accurate and compliant...
Azizi Developments has unveiled a massive $20.4 billion master-planned community called Azizi Milan, which is set to be constructed along Sheikh Mohammed Bin Zayed Road in Dubai. This ambitious project aims to merge Italian architectural elegance with the modern urban landscape of Dubai, featuring over 30 000 residential units, which include 100 mid-rise apartment complexes...
The Dubai Land Department (DLD) has announced the results of its AI-powered Real Estate Advertising Governance Platform, which was introduced at GITEX 2024. This initiative aims to improve oversight, enhance transparency, and boost investor confidence in Dubai’s property market. Since its launch, the platform has monitored over 279 000 property listings on major marketing platforms...
Swank Development, a European real estate developer, has unveiled its latest residential project, the “Selora Residences,” located in Mohammed Bin Rashid City, Meydan. This luxurious development features an exclusive community consisting of 30 standalone villas, offering a range of four to six bedrooms, with prices starting at Dh9.1 million. Each villa within the Selora Residences...
Dubai AI Week 2025 marked a significant milestone with the launch of the Gulf Cooperation Council’s (GCC) first AI-powered mortgage chatbot, aimed at transforming home financing in the United Arab Emirates (UAE). The chatbot, named Huspy.ai, was introduced on WhatsApp by Huspy, a Dubai-based homebuying technology platform, during the event attended by key government leaders...
HRE Development has partnered with global carbon asset manager Econetix to launch the UAE’s first net-zero real estate initiative, coinciding with Earth Day. This partnership marks HRE as the first green real estate company in the nation, establishing a new standard for sustainable development and demonstrating a strong commitment to environmental and social impact. A...