Dubai Holding Investments and Brookfield Properties have launched Solaya, a luxury residential development in Jumeirah 1. The beachfront project, unveiled under Dubai Holding’s Meraas brand, will feature 234 homes designed by Foster + Partners, with amenities ranging from private pools to a residents’ lounge.
The UAE has recorded a sharp increase in commercial licences within its tourism, hospitality, and aviation sectors, reaching 39,546 by mid-September 2025. Officials say the rise reflects regulatory reforms and new initiatives designed to attract investment and strengthen the country’s position as a leading global tourism hub.
Abu Dhabi has launched the Orchid Overnight Superyacht, the UAE’s first permanent floating hotel at Yas Marina. The vessel offers 31 rooms, dining, concierge services, and from October 2025, sundowner and dinner cruises along the Abu Dhabi coastline.
Aspect Development is expanding its footprint with projects in Abu Dhabi, Athens, and Cairo, strengthening its presence across the Middle East and Europe while reinforcing its commitment to premium and sustainable living.
Arada has entered the UK market with the acquisition of a 75% stake in London-based Regal. Rebranded as Arada London, the deal includes AED2.5 billion in investment to accelerate delivery of 10,000 residential units, with plans to triple the pipeline over three years.
Arada has awarded a AED2.18 billion contract to UNEC for the construction of Madar Mall, a landmark retail and leisure hub at the heart of Aljada in Sharjah, with completion due in 2028.
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