Dubai-based AI lab Smart Bricks has secured $5 million in pre-seed funding led by Andreessen Horowitz. The startup is developing agentic AI infrastructure to automate the global real estate investment process. By processing millions of data points, the platform identifies high-value opportunities and handles underwriting in minutes rather than months. The company aims to provide retail and institutional investors with the same sophisticated tools used by major private equity firms.
Danube Properties has unveiled Serenz by Danube, a 50-storey residential landmark in Jumeirah Village Circle. Featuring over 40 amenities across 120,000 square feet, the project offers fully furnished units starting at AED 850,000. Strategically located for quick road access, the development utilizes a 1 per cent monthly payment plan. The launch event included group leadership and brand ambassador Brett Lee, highlighting a significant expansion in Dubai's premium property market.
Dubai has announced a landmark AED100 billion expansion of the Dubai International Financial Centre, known as the DIFC Zabeel District. The project will double the capacity of the current financial hub to accommodate over 42,000 companies and 125,000 employees by 2040. Spanning 17.7 million square feet, the development includes a major focus on AI and future technologies, alongside residential and educational facilities.
A new community destination named BAY360 is coming to Jumeirah Lakes Towers, featuring a flagship Spinneys supermarket and a variety of waterfront dining options. Developed by DMCC and Sweid & Sweid, the project aims to improve the liveability of the district through better pedestrian access and modern lifestyle amenities. Scheduled for completion in 2027, the hub will occupy part of Lake D and include essential medical services and rooftop sports facilities.
MERED and EMSTEEL have launched a sustainable construction partnership to pilot high-strength steel solutions in the UAE real estate market. Signed at Abu Dhabi Sustainability Week, the deal focuses on improving building efficiency and reducing material waste. The move follows EMSTEEL receiving the prestigious Diamond Sustainability Label for its environmental leadership.
Deyaar Development PJSC has officially started construction on DWTN Residences, a significant new high-rise project in Dubai. The developer held a groundbreaking ceremony to mark the start of the flagship tower. The building will provide 522 residential units including apartments, duplexes and penthouses. A unique Royal Palace will sit at the top of the structure. The project focuses on creating a vertical community with extensive amenities.
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