Dubai International Financial Centre (DIFC) has announced the launch of Heights Tower, a new mixed-use development that will transform urban luxury living in the region. Sales for the upscale residences will begin on April 16, 2025. The tower is situated on the final plot within the original DIFC district and is adjacent to the forthcoming...
Dar Al Arkan Real Estate Development Company has announced the expected completion dates for several key projects in the UAE and Saudi Arabia. The W Residences in Downtown Dubai is projected to be finished in the third quarter of 2026. This luxury tower, launched in early 2022, will feature 383 units, including amenities such as...
The Dubai Land Department (DLD) and the Dubai Virtual Assets Regulatory Authority (VARA) have signed a groundbreaking collaboration agreement aimed at enhancing Dubai’s status as a leading hub for both real estate investments and innovation. This agreement marks the first of its kind globally, linking the real estate registry with property tokenization through a governance...
Andalusia Real Estate Development has announced the commencement of construction for its luxury residential project, Bottega Nove, located in the Majan area of Dubai. The project, which has a market value of 150 million dirhams, has appointed Al Wathba General Contracting Company to oversee the construction efforts. Bottega Nove is the first of three anticipated...
In a remarkable transaction within Dubai’s thriving real estate market, a prime residential plot on Jumeirah Bay Island has been sold for a staggering Dh182 million (approximately $50 million). According to Khaleej Times, this plot, measuring 25 441 square feet, was acquired at a price of Dh7 154 per square foot. The buyer, an ultra-high-net-worth...
The Dubai Land Department (DLD) and the Ajman Free Zones Authority (AFZA) have entered into a joint Memorandum of Cooperation aimed at facilitating pathways for companies registered in AFZA to obtain freehold ownership of land and property. This partnership seeks to simplify the registration process and improve coordination between government bodies. The agreement was signed...
The Dubai Land Department (DLD) has joined forces with the Ajman Free Zones Authority (AFZA) to facilitate freehold ownership access for companies registered within the free zone. This partnership aims to streamline the registration process for real estate transactions, enhancing the ease with which businesses can secure land and property ownership in the region. The...
Dubai’s real estate market has demonstrated significant growth in 2025, achieving total sales of AED142.7 billion ($38.85 billion) in the first quarter. This marks a remarkable 30.3 percent year-on-year increase and positions the quarter as the second-highest sales figure recorded, just shy of the all-time high of AED147.2 billion set in Q4 of 2024. In...
REEF Luxury Development has officially opened its new sales gallery in the upscale Jumeirah Third neighborhood of Dubai. This innovative space provides a preview of the future of luxury living, highlighting the company’s patented Sunken Balcony with Outdoor Cooling and the Winter Garden. These features are designed to redefine outdoor comfort by integrating advanced technology...
Saudi Arabia is actively considering the implementation of rent caps for both residential and commercial properties. This potential reform is aimed at addressing the increasing rent prices across the country. Abdullah Al Hammad, the CEO of the Real Estate General Authority (REGA), confirmed this development on Tuesday, April 1, according to a report from the...