Category Archives: Real Estate

Real Estate

Meraas awards AED 440 million contract for City Walk Northline, Dubai’s latest premium urban lifestyle destination

Dubai, UAE, 13 November2025:Meraas, a member of Dubai Holding Real Estate, has awarded a new AED 440 million contract to GCC Contracting to lead the development of the City Walk Northline project. As part of the ongoing expansion of the vibrant City Walk neighbourhood, the Northline contract includes the construction of three premium residential buildings, with expected completionin Q3 2027.

GCC Contracting will oversee work on City Walk Northline 1, an eight-floor residence featuring 114 units ranging from one- to three-bed apartments, and City Walk Northline 2, which comprisestwo residential buildings of eight floors each, offering a total of 190 one- to three-bedroom units.

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Real Estate

Seven Mayfair Unveils AED 1 Billion Development ‘Mayfair Nexus’

Seven Mayfair Unveils AED 1 Billion Development ‘Mayfair Nexus’ in Wadi Al Safa 7 with a Spectacular Drone Show

Dubai, UAE — November 12, 2025:
Seven Mayfair Real Estate Development marked its official entry into Dubai’s real estate landscape with the grand reveal of its first project, Mayfair Nexus, valued at AED 1 billion, during an exclusive event held at Mayfair Gardens, the project site in Wadi Al Safa 7.

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Business & Investments, Real Estate

EmiratesGBC calls for raising the ambition of the construction sector in the UAE’s NDC

  • The ‘NDC Scorecard Action Plan Report’ provides a high-level summary of current NDC alignment and outlines priority next steps to support greater integration of the built environment in the United Arab Emirates (UAE) climate strategy
  • The buildings sector is targeted to achieve a 79% reduction in emissions by 2035, contributing significantly to the nation’s overall 47% GHG reduction goal

Dubai, UAE; November 10, 2025: The Emirates Green Building Council (EmiratesGBC), a non-profit organisation dedicated to advancing green building principles in the UAE, has released its ‘NDC Scorecard Action Plan Report, outlining critical next steps for integrating the built environment into the UAE’s Nationally Determined Contributions (NDC).

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Real Estate

KORA Properties Redefines Waterfront Luxury with IL VENTO Tower in Dubai Maritime City

The new project by the developer will embody timeless elegance and modern sophistication.

Dubai, UAE; November 12, 2025:

KORA Properties, the real estate development arm of APPCORP Holding, the parent company of the Apparel Group, has announced the launch of IL VENTO, an architectural icon that will deliver luxury apartments in Dubai Maritime City – the new waterfront community that will become a hub of cruise and leisure tourism in Dubai.

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Real Estate

Mashriq Elite Breaks Ground for Fifth Residential project – Floarea Skies – at JVC

  • The 23- floor development in District 10 will make 192 residences available to investors in the consistently high-performing location in Dubai’s property market
  • Anticipated project completion in Q4 2027; Apartment prices start from AED 666,000

 DUBAI, November 11, 2025:  The Dubai-based Mashriq Elite Real Estate Developments today broke ground for their fifth residential project – Floarea Skies – in Jumeirah Village Circle (JVC), the residential community which has stayed at the top for sales transactions in Dubai’s property market for 2024 and the three quarters of 2025.

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