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...
Dubai is gearing up for a significant property exhibition hosted by Metropolitan Premium Properties, set to take place from May 16 to May 18 at the Bluewaters Forum by Banyan Tree Dubai on Bluewaters Island. This three-day event will feature leading developers showcasing their latest real estate projects, making it an excellent opportunity for those...
Amwaj International, a billion-dollar multinational conglomerate, has acquired an 18% stake in the Dubai-based development firm Cledor. This investment, which values Cledor at $100 million post-money, marks Amwaj’s entry into the thriving real estate market in the UAE. Cledor was founded by industry veteran Omar Gull and has achieved significant milestones within a year, including...
RH Luxury Properties has launched new initiatives designed to connect Dubai’s vibrant real estate market with Africa’s wealthiest individuals. The company’s founder, Rebiha Helimi, emphasized the significance of this market, stating, “It’s a very important market and gap that needs bridging so that’s what we are doing”. To facilitate this connection, RH Luxury Properties plans...
First Avenue Real Estate Development Company, through the Al Shate’a Real Estate Fund, has successfully acquired a commercial plot of land in the Al Shate’a district of Jeddah for SAR 188 million. This plot spans nearly 15 000 square meters and is located on Sari Street, according to a recent filing with the bourse. The...
Abu Al Naga Real Estate Development has officially commenced work on three significant residential projects located in Dubailand, Bu Kadra (New Horizons), and Al Furjan. This initiative reflects the company’s strong belief in Dubai’s favorable investment climate and its robust real estate demand. According to Mohamed Abu Al Naga, the CEO of Abu Al Naga...