News

MAG of Life, the wellness real estate division of MAG Group, signed a deal with Marriott International to launch The Ritz-Carlton Residences, Dubai, Creekside. The new development is part of KETURAH, a luxury wellness development that embodies the highest standards of wellness and luxury experiences, providing residents and visitors a unique, healthier environment and uplifting the level of inspired living. The Ritz-Carlton Residences, Dubai, Creekside will integrate Delos’ world-leading, evidence-based wellness innovations, helping provide a healthier environment to homeowners and creating an immersive wellness luxury lifestyle in Dubai. It will also feature a private members club; an immersive, holistic wellness

Sobha Realty, one of the UAE’s most trusted real estate developers, has reported a steady increase in investments from foreign investors, recording nearly 60 percent of foreign national investors residing overseas, for its projects in the UAE. Findings indicate that Indian, Russian, Chinese, and Emirati nationals constitute the top four investors in Sobha Realty, followed by Saudi, British, and Nigerian nationals. The real estate sector in the UAE is currently witnessing a rise in demand for prime properties, from both foreign and resident investors. Moreover, Sobha Realty anticipates the market to continue its upward trajectory with more foreign investors entering the

Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, today announced plans to handover the Mesk and Noor Residential Districts – the Phase 3 and 4 of its award-winning Midtown master development in Dubai. The Mesk and Noor Districts comprise over 900 residential units, including studio, one-, two- and three-bedroom apartments. The Mesk District handover will commence on February 14, 2023, ahead of its scheduled handover timeline, and move-in for residents will be permitted effective mid-February. The Noor District will be handed over as per schedule by the end of June 2023. With this, Deyaar will

Developers in Dubai are not wasting any time in offering more super-luxury homes to investors – MAG has just released four of them each at a whopping Dh200 million. They are part of the 12 mansions making up The Ritz-Carlton Residences on the Dubai Creekside. The latest four homes span up to 48,000 square feet of built-up area, with underground parking for up to eight vehicles. Each home also has a private mooring for up to 120-foot yachts. The first eight mansions had a price tag of Dh177 million apiece. “We are thrilled with the response to our launches of the Earth

Alef Group, leading retail and real estate development company in the Emirate of Sharjah, has launched Edge 2, in its distinct Al Mamsha Souks residential project, at the Alef Sales Pavilion. The building comprises of 121 residential units in total, combining 10 studio and 111 one-bedroom apartments, perfect for families and investors looking to avail Alef Group’s newest premium residential offerings. Edge 2 encompasses wide open floor plans that maximize use of natural light to create a zen home environment, coupled with picturesque views of swimming pools, and children’s play areas. Each feature of the highly curated residential complex was carefully chosen

Binghatti on 16 November 2022 announced a project to develop the world’s tallest residential structure in Dubai — Burj Binghatti Jacob & Co Residences. The UAE developer, which has an investment portfolio exceeding Dh7 billion, said it is going to introduce a new era in uber-luxury living by launching ultra-luxury Dubai skyscraper in cooperation with Jacob & Co. However, no time-frame is given to complete the project. “This unparalleled skyscraper aims to set a record as one of the tallest residential constructions in the world,” according to a Binghatti statement. In a great leap upwards, the property developer said ultra-luxury skyscraper will stand

Alef Group, the leading real estate and retail company in the Emirate of Sharjah, has been awarded the ‘Best Developer Project’ in the Northern Emirates, for Hayyan real estate project, at the ninth edition of the Property Finder Awards. The much-anticipated ceremony was recently held at the Armani Hotel in Burj Khalifa, to honor the best in business and shine a light on outstanding achievements among real estate sector across the UAE. Our CEO, Issa Ataya said: “We are honored to be the recipients of this prestigious award, which reflects our progress as a leading real estate developer and highlights our

AlJawhara by Cayan, one of the largest private projects under construction in Riyadh, won an award in the “Mixed-Use Development in Saudi Arabia” category at the “African and Arabian Property Awards” 2022. AlJawhara won this award in its category According to the standards of devotion to the finest construction practices, the highest levels of safety, and excellence in terms of services and facilities. The African and Arabian Property Awards is the largest company to issue annual awards dedicated to the real estate development sector in the Middle East, after competing against the best real estate professionals across the African and Arabian

The total investment value of three projects — Binghatti Rose, Binghatti Mirage and Binghatti Gems, is circa Dh400 million Binghatti Developers, a real estate company in Dubai, has announced early completion of three of its projects in Jumeirah Village Circle (JVC). The three projects are Binghatti Rose, Binghatti Mirage and Binghatti Gems, all of which were completed ahead of their respective target delivery dates. The total investment value of these three projects is circa Dh400 million. The projects have lavish common area facilities, health and fitness clubs and swimming pools. “This achievement consolidates our vision in Binghatti which is to add value to Dubai’s

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