Category Archives: Real Estate

Real Estate

Continued Construction in Dubai: Alta Real Estate’s Commitment

Alta Real Estate Development Confirms Construction Continues as Buyers Interest in Dubai Remains Strong

Alta Real Estate Development, a boutique Emirati developer shaping Dubai’s evolving skyline through a portfolio of distinctive residential projects, confirmed that construction activity continues across Alta’s portfolio, reflecting continued confidence in Dubai’s long-term growth trajectory.

The update comes as Dubai’s real estate sector continues to demonstrate resilience despite heightened regional attention in recent weeks. Dubai recorded more than $250 billion in real estate transactions in 2025, reinforcing the sector’s role as a key pillar of the emirate’s economy.

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Real Estate

Jubail Island’s Eco-Friendly Water Management System

LEAD Development Showcases Jubail Island’s Integrated Water System Amid UAE Rainfall

Abu Dhabi, United Arab Emirates, 30 March 2026: As the UAE experiences seasonal rainfall this week, LEAD Development is spotlighting the advanced water management system at Jubail Island, demonstrating how thoughtfully designed infrastructure can transform natural conditions into long-term environmental and community value.

Developed as part of LEAD’s broader commitment to responsible and future-ready living, the island’s integrated water system has been engineered to work in harmony with its natural surroundings. Rather than relying on conventional drainage solutions, the system captures and manages rainwater through a network of strategically positioned retention ponds embedded across the island’s landscape.

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Real Estate

Azizi Developments Hands Over Riviera 69 and Beachfront I, Reinforcing Ongoing Delivery Momentum

Dubai, United Arab Emirates, 31 March 2026: Azizi Developments, a leading private developer in the UAE, has marked a key milestone with the simultaneous handover of Riviera 69 and Beachfront I within its flagship French Mediterranean-inspired waterfront community, Azizi Riviera, in Meydan, MBR City.

The dual handover, led by Mr. Farhad Azizi, Group CEO of Azizi Group, reflects the developer’s accelerating delivery pace, with multiple additional buildings across the horizon scheduled for handover in the coming months.

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Real Estate

Dubai South Announces AED 2 Billion Hayat Project Contract

DUBAI SOUTH AWARDS AED 2 BILLION CONTRACT FOR THE DEVELOPMENT OF MULTIPLE PHASES OF HAYAT PROJECT

  • HAYAT by Dubai South is located adjacent to the Golf District within minutes of Al Maktoum International Airport

Dubai, United Arab Emirates, 30 March 2026: Dubai South Properties, has announced the appointment of Mohammed Abdulmohsin Al Kharafi & Sons LLC for an AED 2 billion contract to develop several phases of HAYAT by Dubai South, a luxury master-planned community spanning 10 million square feet.

Strategically located near the Al Maktoum International Airport, HAYAT is planned as an integrated community that supports balanced living through a well-designed environment and a comprehensive range of wellness-inspired amenities.

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Real Estate

Abu Dhabi Implements Key Decisions for Real Estate Governance

Department of Municipalities and Transport issues regulatory decisions to enhance transparency and governance in real estate sector in Abu Dhabi

  • Four administrative decisions issued to implement provisions of Law No. (3) of 2015 in Abu Dhabi (as amended), addressing escrow account disbursement controls, jointly owned property management, owners’ committee bylaws, and compensation due to developer in the event of a purchaser breach of obligations under an off-plan sale agreement, as well as the procedures for refunding of outstanding amounts to the purchaser.
  • Abu Dhabi continues to strengthen its position as a leading global real estate investment destination through a flexible and sustainable legislative environment that supports developers, protects investors, and responds to future growth requirements
  • H.E. Rashed Al Omaira: The decisions establish a clear executive framework for the provisions of the law, ensuring a balance in contractual relationships as it clarifies the rights and obligations of all parties involved whilst ensuring efficiency of procedures.

His Excellency Rashed Al Omaira, Director General of ADREC

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