Dubai, United Arab Emirates, 5 May 2025: Azizi Developments, a leading private developer in the UAE, has announced that Beachfront I in Riviera, its French Mediterranean-inspired waterfront community in MBR City, has reached 58% completion.
Beachfront I’s structural build is now 99% complete, with blockwork at 95% and internal plastering at 87%. HVAC and MEP installations are also advancing steadily, currently at 71% and 54% respectively. Overall finishes are at 27%, with a dedicated workforce of 2,200 professionals driving the project’s rapid advancement.
Clédor Signs Landmark Agreement to Bring the first Arthouse Hotel NYC Branded Residences to the UAE, valued at AED 400 Million
With Strategic partner Prospect
Al Marjan Arthouse is the first Arthouse Residences outside of the USA
Clédor continues to make bold strides in reshaping the region’s real estate landscape, with a project pipeline valued at over AED 2.1 billion
Dubai, UAE – May 2025 – In a significant move set to bring Manhattan’s creative legacy to the Middle East, Clédor, a premier real estate development management company, has officially signed a partnership agreement with Arthouse Hotel, NYC. Coming to the iconic Al Marjan Islands in Ras Al Khaimah, Al Marjan Arthouse, valued at AED 400 Million, will be the brand’s first residences outside of the USA.
With a project development pipeline valued at over AED 2.1 billion, Clédor continues to make bold strides in reshaping the region’s real estate landscape. These branded residences are part of Clédor’s vision to deliver high-yield, design-forward communities that offer 150%+ investor returns and average unit prices exceeding AED 14 million.
The signing ceremony took place today, at the elegant Amelia Lounge in Downtown Dubai, in the presence of Omar Gull, Founder & Chairman of Clédor, Karim El Aqabi, from Arthouse, Arch. Abdulla Al Abdouli, CEO, Marjan and Islam El Dafrawy, Co-founder, Prospect.
The largest tokenization initiative of its kind comes ahead of the $MBG token launch, paving the way for regulated digital access to prime property assets
Dubai, UAE, 1 May 2025: – MAG, the leading real estate developer in the UAE has signed a historic $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a leading blockchain innovator — marking the largest real-world asset (RWA) tokenization initiative globally to date. The initiative highlights the imminent launch of $MBG, the utility token at the core of MultiBank’s next-generation digital finance ecosystem.
Dubai – United Arab Emirates – 1st May 2025 – CBRE Middle East, the global leader in commercial real estate services and investments, released its latest edition of the UAE Real Estate Market Review for the first quarter of 2025, highlighting a resilient performance of the UAE’s real estate market despite global economic uncertainties.
The highly anticipated FinanceWorld UAE Realty Awards 2025 unfolded in grand style at the luxurious Sofitel Dubai The Palm, setting a new benchmark for excellence, glamour, and celebration in the UAE’s dynamic real estate and finance sectors.
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