Category Archives: Real Estate

Symbolic Developments Concludes a Breakthrough 2025, Building on a Legacy of Consistent Growth in Dubai’s Real Estate Market

From record delivery timelines to sustained investor gains, the developer closes the year with strong momentum built on resident demand and community-first design.

Dubai, UAE — December 2025: Symbolic Developments, the real estate division of Speedex Group, has closed 2025 as its most transformative year yet, driven by rapid delivery, solid investor performance, and an expanding community footprint. Building on growing demand, Symbolic Developments doubled its launches in 2025 through two strategically located projects: Symbolic Zen Residences in Al Furjan and Symbolic Altus in Liwan.

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Dubai Residential Closes 2025 with Major Awards Recognising Leadership in Residential Leasing and Community Management

• Recognised by MoHRE, the Dubai Land Department and other industry bodies for excellence in corporate housing and service quality

• Awards reflect a strong 2025 performance driven by service excellence, customer trust and sustained demand across communities

Dubai, UAE, 23 December 2025: Dubai Residential, one of the largest owners and operators of residential real estate in Dubai, part of Dubai Residential REIT- under Dubai Holding Asset Management, announced a strong year of industry recognition in 2025, securing multiple awards across the year, including two wins at the World Realty Congress Award this December. The awards reflect the strength of Dubai Residential’s service standards and customer-centric approach, as well as the confidence and trust it continues to build across its communities through consistent delivery, high-quality asset management and an enhanced resident experience.

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Lals Group’s Pure Bliss Development announces topping out of Bliss Tower at Dubai Land Residence Complex

With this major construction milestone, the project moves toward its scheduled completion soon, as 90 per cent of the units have been sold.

Dubai, UAE – December 22,2025: Pure Bliss Development, owned by Lals Group, one of the region’s most prominent retail conglomerates, has announced the topping out of Bliss Tower, its flagship residential project in the Dubai Land Residence Complex (DLRC), signifying completion of the major building structure.

Mr. Lal Ganwani, Chairman of Lals Group,and Mr. Jayant Ganwani, Vice Chairman of Lals Group, announced the milestone at a ceremony marking the project’s progression into the next phase of development.

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UAE-based Major Developments Announces New Luxury Residences on Marjan Beach, RAK’s Most Ambitious Coastal Destination

Dubai, 23 December 2025: UAE-based Major Developments is proud to be among the first real estate developers to officially sign and announce its grand-scale residential project in the newly launched Marjan Beach—an 85-million-sq-ft coastal mixed-use masterplan, by Marjan, the master developer of freehold properties in Ras Al Khaimah, that is rapidly becoming the UAE’s most coveted development zone. With global hospitality giants set to host 12,000 hotel keys on Marjan Beach, this iconic shoreline featuring 3 kilometres of beach frontage and 6.5 million sq. ft. of lush open spaces, is poised to establish new benchmarks in waterfront living in the region and welcome over 180,000 visitors annually.

Abdulla Al Abdouli, Group Chief Executive Officer of Marjan, and Andrei Charapenak, CEO of Major Developments, officially signed the land acquisition agreement for Major Developments’ third upcoming project in Ras Al Khaimah. The agreement marks a significant milestonereinforcing a shared vision to shape one of the UAE’s most ambitious coastal destinations.

Major Developments’ luxury residential landmark will be developed in collaboration with Bayaty Architects, the globally acclaimed design firm known for its exemplary craftsmanship, contemporary sensibilities, and signature modern spatial philosophy. Bayaty Architects has established a distinct language of sculptural architecture and experiential interiors, making this partnership a natural fit for a destination set to redefine Ras Al Khaimah’s coastal skyline over the next decade.

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