Dar Al Majed Real Estate has entered a major partnership with the Jadwa 47 Fund, managed by Jadwa Investment Company, to build a high-quality mixed-use project in Riyadh. The development, located on King Salman Road next to the SABB station, covers over 8000 square meters. Its estimated total development cost is approximately one billion riyals. Dar Al Majed will act as the exclusive developer and holds an option to invest 50 million riyals in the fund
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.
Luxury real estate developer Sobha Realty has launched "The Mirage," adding 677 new apartments to its flagship Sobha Central master development on Sheikh Zayed Road. This expansion follows exceptional early sales at the site, which totalled AED 3.5 billion from over 1,500 units sold. The development attracts a highly international investor base, led by buyers from India (26%) and Europe (15%), highlighting the project’s global appeal and the strong demand for luxury residences in central Dubai
Emaar Properties and Dubai World Trade Centre have introduced Terra Gardens, the latest neighbourhood within the Expo Living masterplan at Expo City Dubai. The new launch follows the first phase, Terra Heights, and advances the partners’ long-term plan to build a connected mixed-use community. Spanning 451,295 square metres, Expo Living will ultimately comprise 3,555 residential units across five districts.
Meliá Hotels International has announced its debut in Bahrain, launching a luxury hotel and branded residences on Amwaj Island. Opening in 2027, the property will feature 256 units, including 150 hotel rooms and 106 branded residences. The development reflects Meliá’s growing Middle East footprint and commitment to hybrid hospitality-residential models, catering to the region’s demand for premium lifestyle and experiential travel.
Al Marwan Developments has launched District 11, the UAE’s first AI-designed smart work resort, spanning 3.5 million sq ft across 11 buildings in Sharjah. The development features premium offices, a 368-unit hotel, and 3,000 parking spaces, combining advanced infrastructure, sustainability, and human-centric design. District 11 aims to enhance Sharjah’s investment appeal and support economic diversification.
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