DAMAC Properties has launched DAMAC Islands 2, its seventh master community in Dubai, with a focus on redefining waterfront living. The development draws inspiration from eight picturesque island destinations including Antigua and Mauritius. Building on the success of DAMAC Islands, the new project features crystal lagoons, lush landscapes and wellness-focused designs. The launch event at the Coca-Cola Arena was hosted by Hussain Sajwani and Amira Sajwani. Star appearances were made by Bollywood actors Ranbir Kapoor and Alia Bhatt.
Imtiaz Developments has commissioned the globally recognised Zaha Hadid Architects (ZHA) to design its upcoming ultra-luxury mixed-use project in Dubai's prestigious Meydan district. The AED 1 billion development, which will feature residences, offices, and high-end retail, is scheduled for launch on November 18th at CocaCola Arena. The partnership signifies a major milestone in Imtiaz’s strategic expansion into Dubai’s most exclusive areas, following the announcement of an AED 3 billion portfolio in Meydan.
The new Chedi Private Residences Downtown is the second branded residential tower to be developed in partnership with Al Seeb Real Estate Development. The decision to move ahead with the second project quickly followed the successful launch of the first project, The Chedi Private Residences Sheikh Zayed Road. This debut development sold 65% of its units within months of its market introduction earlier in the year. The latest signing confirms Chedi Hospitality’s rapid expansion in the luxury branded residences segment, a drive that includes the recently announced Chedi Residences Wadi Safar in Saudi Arabia.
PRYPCO has launched PRYPCO One, Dubai’s first super app for real estate agents. With over 9,000 users, the platform integrates property listings, mortgage pre-qualification, mini-websites, and a gamified rewards system, offering agents smarter tools and faster transactions across the UAE.
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.
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