Category Archives: Real Estate

Real Estate

Danube Properties Offers First-Time Buyers a Head Start with Dubai-Backed Ownership Plan

Developer Allocates 10% of Residential Units with Exclusive Pre-Launch Access, Flexible 1% Monthly Payment Plan, and Just 60% Payable Before Handover for both Emiraties and Expats.

Dubai, UAE – July 25, 2025:
Danube Properties has partnered with the Dubai Department of Economy and Tourism (DET) and the Dubai Land Department (DLD) to support the launch of a dedicated First- Time Home Buyer (FTHB) initiative, aimed at making homeownership more accessible in Dubai. The program aims to support both Emiratis and expatriates in stepping onto the property ladder by offering unmatched flexibility and affordability. As part of the initiative, Danube Properties has allocated 10% of its residential units exclusively for first-time home buyers.

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Real Estate

TownX launches AED 662 million Ashley Hills project on one of Arjan’s largest plots with 400,000 sq.ft. of sellable area

Dubai, UAE – July23, 2025:TownX, one of Dubai’s fastest-growing real estate developers with an AED 4 billion project portfolio, has announced the launch of its new residential project, Ashley Hills. Located on one of Arjan’s largest land plots, the AED 662 million development covers over 400,000 square feet of sellable area and is set to be a key addition to the Dubai real estate market.

The project will feature 616 residential units designed to cater to families and investors looking for high-quality living spaces. Ashley Hills will offer a variety of apartment types, each designed with spacious interiors and modern amenities, making it an attractive option for a wide range of buyers.

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Real Estate

MERED expands UAE operations with new strategic office on Al Reem Island

Abu Dhabi, UAE – 29 July 2025 — MERED, the award-winning international real estate developer, has responded to rising investor interest in its Abu Dhabi operations with a newly opened office at Sky Tower, Al Reem Island. The new location will serve as a hub to support the expansion of its local workforce in the capital and facilitate the successful delivery of key real estate projects currently underway.

Among MERED’s planned contributions to Abu Dhabi’s skyline is a design-led waterfront project on two adjacent prime plots totaling over 23,400 square meters on Reem Island, part of the key financial hub Abu Dhabi Global Market (ADGM). The highly anticipated project is a collaboration with Pritzker Prize-winning architects, the highest global honor in architecture, and is set to become a new benchmark for super-prime living in Abu Dhabi.

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Business & Investments, Real Estate

Modon Holding delivers outstanding AED 2.1 billion H1 2025 Net Profit, with continued momentum across core segments supported by record AED 10 billion real estate sales and strategic investments

  • Group revenue triples year-on-year to AED 6.5 billion, led by strong real estate performance and growth in recurring revenue streams.
  • Group net profit surges to AED 2.1 billion, 4.2x higher year-on-year, after excluding one-off items in H1 2024,driven by strong contributions across all core segments.
  • Real Estate sales were AED 10 billion withGroup revenue backlog reaching AED 33 billion across all segments.
  • Recurring income streams strengthen across Asset Management, Hospitality, and Events, Catering & Tourism segments.

H.E. JASSEM MOHAMMED BU ATABA AL ZAABI CHAIRMAN OF MODON HOLDING

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Real Estate

Off-Plan Apartment Sales Surge 43% in Q2 2025 to AED 60.15 Billion, Signalling Global Confidence in City’s Growth Trajectory

JVC, Business Bay and Dubai Residence Complex lead demand; Off-plan townhouses capture 75% of villa segment value in Q2 2025

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Betterhomes has released its Q2 2025 Residential Real Estate Market Report, revealing a strong quarter for Dubai’s off-plan segment, led by robust apartment sales, landmark new project launches, and a deepening investor appetite.

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