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.
Town Writers, a leading Egyptian property developer, has formed a strategic alliance with Attaby for Construction and Industry, a major subsidiary of Attaby Holding, to enhance its ability to deliver projects effectively. This collaboration will see Town Writers inject construction investments worth EGP 5.1 billion over the next two years. The Notion residential project in New Cairo is listed as one of the first developments under this new strong engineering alliance.
Dubai Investments Park Angola, the country’s first integrated economic zone, has signed a significant land deal with UAE developer Reportage Group for two massive residential communities. The ambitious project will deliver two gated communities, one luxury ocean-facing and one mid-market hilltop development, featuring over 4,500 villas and townhouses, a boutique hotel, and substantial retail space.
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.
New7Wonders has launched its global “7 Wonders of Future Cities” campaign on World Cities Day 2025, inviting urban developments worldwide to compete for recognition as leading models of innovation and sustainability. Cities and districts have twelve months to apply before global public voting begins in October 2026. Winners will be named on 31 October 2027 in the next major New7Wonders initiative.
The New York City Economic Development Corporation (NYCEDC) has appointed RYBAK Development to lead the next phase of housing development at Coney Island West. The project, named Tilyou Towers in honour of Steeplechase Park founder George C. Tilyou, will transform “Parcel A,” an 80,000-square-foot city-owned lot, into more than 500 mixed-income residences, including 25 percent affordable units, alongside retail space and modernised public parking facilities.
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