Category Archives: Real Estate

Real Estate

Amirah forays into Dubai South as region records 10,025 transactions, the fifth highest in 2025

Crown Palace by Amirah Developments introduces classical European charm in Dubai South, offering an elevated experiential living.

Date: Dubai, UAE; January 21, 2026

Dubai South, one of Dubai’s most promising real estate destinations, is seeing burgeoning growth thanks to the notable progress of high-profile developments. From Al Maktoum International Airport to the Dubai Metro Blue Line expansion within a 145-square-kilometre area, Dubai South is cementing itself as the next hub for residential, hospitality, commercial, and logistics sectors. By 2040, it is expected to accommodate one million residents, fuelling the demand for sufficient housing supply. Influenced by its growth potential, seasoned and new developers are strengthening their portfolios with launches and diverse living amenities.

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Real Estate

Sobha Realty Concludes FY 2025 with AED 30 Billion in Sales, Marking 30% Growth Over 2024

Dubai, 21 January 2025: Sobha Realty, a leading global luxury real estate developer renowned for its commitment to exceptional quality and innovation, has announced its year-end sales figures for FY 2025 a total AED 30 billion, cementing the company’s status as one of the most influential real estate developers in the Gulf.  

Driven by a series of landmark achievements across sales performance, masterplan development, sustainability, and international expansion, the 2025 sales figures represent an uptick of 30 per cent year-on-year. The increased growth reflects sustained momentum in the UAE’s luxury real estate market and the strength of Sobha Realty’s diversified portfolio. A significant portion of this strong performance came from the company’s expanding footprint in Umm Al Quwain (UAQ), with AED 8 billion in sales from Downtown UAQ | Sobha Realty and Sobha Siniya Island.  

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Real Estate

Al Hamra Raises the Bar with RAK’s Biggest single unit Residential Deal USD 35.4 million (AED 130 million)

Sky Palace sale at Waldorf Astoria Residences, positions Al Hamra at the forefront of RAK’s luxury market.

Ras Al Khaimah, UAE – Al Hamra has announced the sale of the Sky Palace at the Waldorf Astoria Residences Ras Al Khaimah for USD 35.4 million (AED 130 million), marking the highest-value single-unit residential transaction ever recorded in Ras Al Khaimah.

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Real Estate

“Object 1 reveals AED 4.5 billion sales value multi-plot land deal on Abu Dhabi’s Al Reem Island”

Abu Dhabi, UAE, 21 January 2026 — Object 1, an award-winning and rapidly growing real estate developer, has closed a major land investment in Abu Dhabi, marking a significant step forward in its expansion into the capital. The developer has acquired four waterfront plots on Al Reem Island, within the Shams Gate District, with a combined development area of over 2 million square feet and a total sales value of AED 4.5 billion.

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Real Estate

ELEVATE Sells AED 38 Million ‘Crown Jewel’ Sky Mansion at Mondrian Al Marjan Island Beach Residences; Officially Opens EOIs for Phase 2

Nearly 10,000 sq. ft. trophy residence with private infinity pool and Wynn views sold as demand accelerates for the UAE’s most iconic beachfront branded address.

UAE – [January 2026] – ELEVATE, the visionary lifestyle real estate brand, has announced a landmark transaction at the Mondrian Al Marjan Island Beach Residences. The announcement came just days after the project’s momentous ground-breaking ceremony, the development’s “Crown Jewel”, an ultra-exclusive Sky Mansion has been sold for AED 38 million / USD 10.35 Million

This record-breaking sale sets a new benchmark for ultra-luxury real estate in Ras Al Khaimah. The trophy property, which serves as the absolute pinnacle of beachfront living in the Northern Emirates, was sold within hours of its release, underscoring the voracious appetite for high-end branded residences next to the upcoming USD 5.1B Wynn Resort.

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