Category Archives: Real Estate

Real Estate

ELEVATE Breaks Ground on Mondrian Al Marjan Island Beach Residences; Appoints Pinnacle Piling

Construction commences following record-breaking Phase 1 sell-out of AED 700M in just two hours

UAE – [January 14, 2026] – ELEVATE, the visionary lifestyle real estate brand, has officially broken ground on the highly anticipated Mondrian Al Marjan Island Beach Residences, marking the start of construction for a landmark residential destination delivered in partnership with Ennismore, the global lifestyle hospitality group behind Mondrian.

In a ceremony held on Al Marjan Island, ELEVATE announced the appointment of Pinnacle Piling as the shoring contractor for the project. The groundbreaking comes just weeks after the development shattered market records, securing over AED 700 million in sales within just two hours of its launch.

The swift transition from sales launch to groundbreaking underscores ELEVATE’s commitment to rapid delivery and capitalizes on the unprecedented momentum within the Ras Al Khaimah property market. With Phase 1 fully committed, the developer has confirmed that Phase 2 will be released imminently to meet the surging demand from global investors and homeowners.

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Real Estate

Mashriq Elite Set to Deliver Over 1,200 Residential Units in Two years

  • Cumulative portfolio in high-growth pockets of Dubai worth AED1.5 billion, says the developer, celebrating 3-year anniversary in year-end announcement
  • Set to release 380 residential units in Q4 2026 across Arjan and Discovery Gardens

Dubai, January 16, 2026: – Celebrating 3 years since its establishment, the Dubai-based Mashriq Elite Real Estate Developments, today announced that it 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 fourth quarter of this year alone across its projects in Arjan and Discovery Gardens.

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Real Estate

Abu Al Naga Developments: Dubai Property Sales Set to Shatter ‘Historic AED 1 Trillion’ Barrier in 2026

Abu Al Naga Developments: Dubai Property Sales Set to Shatter ‘Historic AED 1 Trillion’ Barrier in 2026; Iconic ‘Production City’ Tower Launched on Sheikh Mohammed Bin Zayed Road

Dubai Ushers in a ‘Golden Era’ with Trillion-Dirham Sales Projections for 2026; Abu Al Naga Selects Sheikh Mohammed Bin Zayed Road for its Latest Landmark ‘Production City’

Dubai Property Sales Outperform London and New York, Eyeing AED 1 Trillion Milestone in 2026; ‘Production City’ Emerges as a New Architectural Icon on Sheikh Mohammed Bin Zayed Road

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Real Estate

World’s First Mercedes-Benz Branded City Launched by Binghatti in Meydan

World’s First Mercedes-Benz Branded City Launched by Binghatti in Meydan, Marking the Largest Real Estate Event in Dubai’s History.

Dubai, [January 15,2026]: After the global success of their first collaboration, Binghatti and Mercedes- Benz have reunited to pursue a far greater vision, one that expands the boundaries of both luxury real estate and automotive innovation. Their partnership now returns with the unveiling of Mercedes-Benz Places | Binghatti City, the world’s first Mercedes-Benz branded city and the developer’s first masterplanned community, a monumental AED 30 billion development spanning more than ten million square feet in Nad Al Sheba.

The grand unveiling in Meydan delivered one of the most cinematic moments in Dubai’s real estate industry. Hosted by Hollywood actor Terry Crews, the night drew 25,000 guests the largest attendance at any Binghatti event to date,as a spectacular drone show lit up the skyline and the program unfolded around two historic reveal moments.

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