Category Archives: Real Estate

Real Estate

Acube Abodes Realty becomes one of the first developers to break ground in Dubai for Altair 52 project at Dubai South

Setting the tone for the construction activities for 2026, Altair 52 is envisioned as a contemporary residential development that blends modern architecture, efficient layouts, and lifestyle-oriented amenities.

Date: Dubai, UAE; January 13, 2026

Acube Abodes Realty announces the successful groundbreaking ceremony of Altair 52, its latest premium residential development, located in the fast-growing master community of Dubai South. The milestone marks the official commencement of construction for the project, reinforcing the developer’s commitment to delivering high-quality, thoughtfully designed living spaces.

Through this ground-breaking ceremony, Altair 52 becomes one of the first residential projects to have commenced construction in the new year, marking a new beginning for Dubai’s high-growth real estate sector that has seen an unprecedented 215,700 property sales transaction last year worth Dh686.8 billion, according to data sourced from Dubai Land Department.

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Real Estate

Five Dubai Neighbourhoods Shaping UAE’s Wellness-First Property Market

Dubai’s real estate market is evolving beyond pure luxury or speculative investment. Buyers and investors are increasingly prioritising wellness, green living, and community-focused environments, with low-density layouts, integrated amenities, and access to open spaces driving demand.

According to the Dubai Land Department (DLD), Dubai attracted approximately 94,700 investors in the first half of 2025, a 26% increase compared to H1 2024. These investors contributed to more than 91,000  residential transactions valued at AED 262.1 billion, a 36.4% YoY increase in value.

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Real Estate

ATARA Development Breaks Ground on GCC’s First Sheraton-Branded Residences 

ATARA Development Breaks Ground on GCC’s First Sheraton-Branded Residences Enabling works commence on The Residences at Sheraton Al Marjan Island Resort, reinforcing developer’s commitment to timely delivery and construction excellence 

Ras Al Khaimah, UAE – January 2026– ATARA Development has officially broken ground on The Residences at Sheraton Al Marjan Island Resort, marking a major milestone for the GCC’s first Sheraton Residences. With enabling works underway and 5% of overall progress completed, the landmark beachfront project on Al Marjan Island is advancing steadily under the leadership of ATARA’s in-house construction arm, Rakhat Construction.

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Hotels & Hosppitality, Real Estate

Ardee Breaks Ground on AED 2 billion Beachfront Fairmont Residences Al Marjan Island & Fairmont Al Marjan Island Hotel in Ras Al Khaimah

Dubai, UAE – 9 January 2025: Ardee, the innovative UAE-based real estate developer shaping the future of modern coastal living, has officially broken ground on the AED 2 billion Fairmont Residences Al Marjan Island & Fairmont Al Marjan Island Hotel.

The on-site groundbreaking ceremony marks the start of construction on one of Ras Al Khaimah’s most significant and anticipated waterfront developments signalling the beginning of a flagship project set to redefine contemporary waterfront living on Al Marjan Island.

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Real Estate

Amirah Developments achieves key construction milestone at Bonds Avenue Residences

Piling and shoring works enter final stages as the Dubai Islands project progresses toward Q1 2027 handover

Date: Dubai, UAE; January 08, 2026

Amirah Developments, a premium Dubai-based real estate developer, has advanced into the final piling and shoring works for its first residential project, Bonds Avenue Residences, marking a significant construction milestone at Dubai Islands – the emirate’s emerging waterfront destination near the historic Deira district and the iconic Gold Souq.

The works are overseen by Global Dewatering and Piling LLC, an established enabling contractor providing specialised geo-technical services in piling, shoring, dewatering and excavation. Alongside piling and shoring, the main contractor’s works are also in full swing as per the project schedule.

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