Damac Properties has unveiled its latest community ‘Damac Lagoons’, a new luxury development that promises its very own ‘Eight Wonders of the Mediterranean’ concept.
Select Group, a large privately-owned real estate developer, has announced the launch of the 36-storey ‘Peninsula Two’ tower located in Dubai’s Business Bay.
Emaar Hospitality, a unit of Dubai developer Emaar Properties, has joined hands with Emirati developer Arada to launch the first branded serviced apartments building – Vida Residences 3 – within the Aljada master community in Sharjah. Aljada is the transformational destination spread over a 24-million-sq-ft area in New Sharjah.
UAE-based Al Zorah Development Company has announced the launch of commercial plot sales in The Strip, a popular multi-use area in the northern emirate of Ajman. The Strip includes numerous commercial spaces that can be used for restaurants and multi-purpose stores, with unit prices starting from AED2.
Aldar Properties has announced the launch of Dahlias, the final community to be released at its flagship development on Yas Island. The freehold project will feature a total of 120 spacious villas, duplexes and townhouses. The new property launch comes following the strong demand for each phase of Yas Acres, of which it is a part.
Majid Al Futtaim Communities, a part of UAE-based Majid Al Futtaim Properties, has announced an upgraded masterplan for Tilal Al Ghaf, its flagship community in Dubai. The enhanced masterplan is set to further elevate Tilal Al Ghaf’s appeal as an exclusive resort-style community, according to Majid Al Futtaim Communities.
Omniyat, a leading luxury real estate developer, has closed the sale of the three most expensive penthouses in the region, carrying a total value of more than AED260 million ($70.77 million).
Master developer Nakheel has launched a project to redevelop the new Jebel Ali Village – one of the most treasured areas of Dubai –into an upscale residential community.
Downtown Dubai luxury penthouse snapped up for $13.6m The 118, a boutique luxury project by Signature Developers located in the heart of Downtown Dubai, has just sold one of its trademark apartments for AED50 million ($13.6 million).
