TECOM Group PJSC has announced that 55% of the gross leasable area across its commercial portfolio in Dubai has achieved LEED certification, highlighting the Group’s ongoing commitment to sustainable development under its Environmental, Social, and Governance (ESG) framework. The achievement follows the receipt of 12 new certifications from the US Green Building Council during the first half of 2025.
OMNIYAT has announced LUMENA ALTA, a 380-metre, 73-storey tower set to be Dubai’s tallest commercial building in Business Bay. The project, featuring 45 floors of premium office space, is scheduled for completion in 2030.
Meraas, part of Dubai Holding Real Estate, has launched Nourelle at Madinat Jumeirah Living, a 66-residence development featuring sky gardens, wellness amenities and panoramic views, marking a new addition to Dubai’s luxury housing sector.
Naumi Hotels has opened its first Middle East property with a 237-room hotel in Dubai’s Barsha Heights. The Singapore-based boutique group, which operates eight properties globally, says the move marks the start of a wider regional expansion.
Sobha Realty has achieved a major milestone with the successful issuance of its USD 750 million Green Sukuk, the largest of its kind by a real estate developer globally. Oversubscribed by 2.8 times, the landmark transaction reflects strong investor confidence in the company’s financial stability and sustainability commitments.
7X has officially launched its National Network for Logistics (NXN) during the Universal Postal Congress in Dubai, establishing a unified platform for postal, parcel, and logistics services across the UAE.