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
La Premiere Realty and Gables Construction Group have officially announced a major new exclusive collaboration based in Coral Gables, Florida. The partnership is designed to offer clients a fully streamlined service for property acquisition and subsequent construction work. The integrated service begins with La Premiere Realty handling the land acquisition phase. It then moves directly into construction, culminating in a fully constructed, move-in-ready home delivered by Gables Construction Group.
KORA Properties, the real estate arm of APPCORP Holding, has launched IL VENTO, a 40-floor luxury apartment tower in Dubai Maritime City. Named after the Italian word for ‘The Wind,’ the tower features 330 apartments, including four penthouses with private pools. The development blends serene coastal beauty with urban convenience, being only 15 minutes from Dubai Mall and the airport. It offers residents over 40 facilities and amenities, including a sky pool and yoga area.
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.
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
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