Category Archives: Real Estate

Dugasta Properties: Prioritizing Workforce Wellbeing in UAE Real Estate


Dubai, UAE, 15th April 2026: In a more cautious and evolving operating environment, the real estate sector is entering a phase where resilience is beginning to matter more than rapid expansion.

For Dugasta Properties, this is reflected in a clear priority: strengthening the wellbeing of the workforce that underpins every stage of project delivery, supporting over 400 workers, including site teams, contractors, and support staff across its active projects.

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CITIC Middle East Takes Charge of AED 1.8B MANSORY Tower in Dubai

Amaal Appoints CITIC Middle East Contracting as Main Contractor for AED 1.8 Billion MANSORY Residences in Dubai

UAE, 15 April 2026:  Amaal, the visionary Emirati-founded real estate developer, has appointed CITIC Middle East Contracting LLC as the main contractor for MANSORY Residences, the world’s first MANSORY-branded residential tower. Backed by CITIC Construction Co. Ltd, its China-based parent company and one of ENR’s Top 250 International Contractors, the firm will deliver the AED 1.8 billion project, which is scheduled for completion in Q4 2028 and set to define a new standard in design-led ultra-luxury living.

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Emirates NBD Partners with Sobha for Tailored Mortgages

  • Bank to offer tailored mortgage solutions at Sobha, ensuring early-stage financial evaluation and streamlined approval for off-plan developments 
  • Partnership underscores shared commitment to supporting Dubai’s real estate ecosystem  

Dubai, UAE, 14 April 2026: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced a strategic partnership with Sobha Realty, a leading luxury real-estate brand globally; to provide integrated home financing solutions for buyers of the premium luxury developer’s off-plan residential developments across Dubai. 

Through this collaboration, Emirates NBD will offer tailored mortgage solutions to eligible customers purchasing units in Sobha’s developments, enabling early-stage financing clarity, competitive rates, and a streamlined approval process.  

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Whitewill Reports Surge in UAE Luxury Real Estate Purchases

Whitewill reports solid buyer appetite across Dubai and Abu Dhabi luxury property markets

Dubai, UAE, April 14, 2026: Whitewill, the international luxury real estate agency for developers and partners across the UK, USA, and UAE markets, has reported strong ultra-luxury residential property demand across Dubai and Abu Dhabi, reflecting investor confidence and continued appetite for high-quality assets in both emirates. This also points to a market that is becoming more selective, with capital continuing to concentrate around prime locations and credible developments.

Olga Pankina, COO of Whitewill Dubai, commented: “The deals we are seeing across Dubai and Abu Dhabi show that demand remains firmly present, but buyers are approaching the market with greater discipline and a clearer investment strategy. In Dubai, we continue to see strong interest in liquid secondary stock and rare waterfront assets, while in Abu Dhabi, demand is more concentrated in branded, concept-led developments with a long-term ownership profile. Across both markets, clients are prioritising legal security, trusted developers, and assets that can preserve value over time. Our role is to guide clients through that process with clear advice, full transaction support, and access to opportunities that match their goals.”

Dubai’s prime market stays active

In Dubai, demand is largely concentrated in the secondary market, with strong interest in studios and one- to two-bedroom apartments in Business Bay, Bluewaters Island, Downtown, Dubai Harbour, and Jumeirah waterfront communities such as Port de La Mer. Most deals fall within the AED 1 million to AED 3 million range, while prime and waterfront assets typically reach AED 4 million to AED 6 million, and ultra-luxury homes exceed AED 40 million.

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ELEVATE Awards AED 50M Contract for Mondrian Al Marjan Island

ELEVATE Awards AED 50 Million Contract for Mondrian Al Marjan Island Beach Residences

Major contract award reinforces developer confidence as works continue full pace on landmark AED 1.8 billion beachfront project

UAE – April 6, 2026 – ELEVATE has officially awarded an AED 50 million contract to Pinnacle Piling for the piling and foundation works package at Mondrian Al Marjan Island Beach Residences, marking another major construction milestone for the landmark beachfront development in Ras Al Khaimah.

Zeeshaan Shah, Founder & Chairman of ELEVATE,

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