- April 20, 2026
- 8
- News&Media
Damac reported a strong sales backlog of AED 67 billion ($18.3B) as of December 2024. Majid Al Futtaim will develop a $4.7B mixed-use project in Riyadh by 2026. Azizi has sold 75% of units at Arian.
Most Impactful Real Estate Leaders 2025
MENA’s real estate market boomed in 2024, led by Dubai’s $207B surge. Saudi, Abu Dhabi, and Egypt also saw major growth and megaprojects.
Day 3 of IPS 2025 showcases the future of real estate through innovation and global integration, celebrating sector excellence
IPS 2025 concluded with strong turnout, key sessions on innovation, regulation, and PropTech, major MoUs, and awards recognizing excellence and technological advancement in real estate.
Dubai real estate: LMD launches $109m Wasl Gate development
LMD has launched a $109m real estate development in Dubai’s Wasl Gate.
Dubai’s luxury realty soars as Condor delivers Concept 7
Condor Developers handed over Condor Concept 7 in JVC on schedule, reinforcing Dubai’s luxury real estate boom. The Dh200M project offers 158 upscale units with premium amenities, reflecting rising demand, foreign investment, and Dubai’s push for sustainable, high-quality developments amid a thriving property market.
Damac sales backlog of $18bln offers good revenue visibility: Moody’s
Damac reported a strong sales backlog of AED 67 billion ($18.3B) as of December 2024, ensuring solid revenue visibility. Moody’s upgraded its ratings, citing Damac’s prudent financial policies, high pre-completion payment collections, and minimal reliance on debt or external funding for construction and land acquisition.
IPS 2025: Record sales surge as Dubai property market attracts global investors
At IPS 2025, major developers like Reportage, Samana, and Diamond Developers highlighted Dubai’s growing real estate appeal, driven by record sales, international demand, innovation, and sustainability. Key projects include $3B sales targets, Maldives-inspired designs, and the launch of “Sustainable City 2.0.”
Dubai’s Office Real Estate Boom Faces Supply Constraints Amid Soaring Demand
Dubai’s office real estate market is booming, driven by high demand, limited supply, and rising rents. Class A spaces see near-full occupancy, while completed properties dominate sales. Though underrepresented in portfolios due to complexity, strong returns, international interest, and upcoming premium projects signal continued growth through 2028.
Majid Al Futtaim unit to invest $5bn in Riyadh project
Majid Al Futtaim will develop a $4.7B mixed-use project in Riyadh by 2026 and invest $1.4B to upgrade Dubai’s Mall of the Emirates, expanding retail space and improving infrastructure amid strong regional demand and rising property values.
Azizi announces sale of 75% units at Jafza residential tower
Azizi Developments has sold 75% of units at Azizi Arian, a new freehold residential tower in Jebel Ali Free Zone. The project offers studios to three-bedroom apartments with modern amenities and appeals to a diverse global buyer base, led by Emiratis and investors from Europe, South Asia, and the GCC.
Why quality has become the new currency in real estate
Luxury real estate is shifting from branded prestige to craftsmanship, sustainability, and functional design. In Dubai, this trend aligns with long-term planning, smart city innovation, and rising investor demand. Buyers now seek bespoke, eco-conscious homes, pushing developers to prioritize quality and livability over mass production and speculative development.
Danube Properties reaffirms commitment to real estate innovation, unveils SPARKLZ at IPS 2025
At IPS 2025, Danube Properties launched “SPARKLZ by Danube” in Al Furjan, offering smart, convertible apartments with a 1% monthly payment plan. The project highlights Danube’s focus on affordable, innovative housing with over 30 amenities, reinforcing its commitment to quality, timely delivery, and expanding global investor engagement.
