Dubai-based Mashriq Elite Real Estate Developments is set to release over 1,200 units in Dubai’s surging residential property market in the next two years, with anticipated handover of 380 apartments in the Q4 alone this year across its projects in Arjan and Discovery Gardens.
Saudi-based Umm Al Qura for Development and Construction Company has awarded major contracts worth SAR4.1 billion ($1.1 billion) to Mobco and BEC Arabia Contracting Company for the completion of two major development packages at its Masar Destination in Makkah city.
Binghatti Developers and Mercedes-Benz have joined forces for the official unveiling of Mercedes-Benz Places|Binghatti City, the world’s first Mercedes-Benz branded city and the developer’s first masterplanned community, a AED30 billion ($8.2 billion) development spanning more than 10 million sq ft in Nad Al Sheba.
Deca Properties has announced that it has started work on Avana Residences, its latest residential development located within Jumeirah Village Circle (JVC) in Dubai. Piling works and construction contracts are currently underway following a groundbreaking ceremony held this month.
UAE-based JAD Global Real Estate Development has announced the launch of J188, its latest residential project in Dubai, offering elevated urban living experience. The 13-storey building offers one- and two-bedroom apartments designed around wellness, comfort and everyday living.
Arada, a leading regional developer, has unveiled Inaura, an urban fitness-led hospitality and residences concept in Dubai.
Alta Real Estate Development has achieved a significant construction milestone with the formal topping off of its premium project, Mr. C Residences Downtown, thus marking the completion of the project’s structural works. Façade works, interior fit-out, and detailed finishes will follow in the coming phases.
Dubai has recorded its strongest residential year on record for 2025, with the total sales value reaching AED547 billion ($149 billion), up 28% year-on-year, across 203,000 transactions as demand, liquidity and prices all advance together, said a new report.
Acube Abodes Realty has announced the groundbreaking of Altair 52, its premium development located in Dubai South. Set for completion in 2027, it will feature 52 apartments with a mix of studios, one-, two- and three-bedroom units along with key lifestyle amenities.
UAE-based Tiger Properties has launched its new lagoon-front master community in Ajman being set up at an investment of $10 billion within the Al Alia district. Tiger Downtown Ajman will boast a total of 76 buildings, including 20 lagoon-front structures alongside retail components.
