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.
Dubai developer Nakheel, part of Dubai Holding Real Estate, has released an exclusive range of luxury waterfront villas at Palm Jebel Ali, signalling further progress in the development of one of the emirate’s most ambitious island communities. The launch features 11 architecturally distinct villa styles within The Beach and The Coral Collections, designed in partnership with international architectural studios and offering direct beachfront access along with expansive Arabian Gulf views.
Sumou Real Estate Company has signed a SAR135 million ($36.01 million) contract with Diyar Real Estate Development Company, managed by Sedco Capital, to deliver infrastructure works for a 960,000-sq-m project in Jeddah’s North Obhur district. The two-year project is expected to positively impact Sumou’s financial performance.
MERED has announced a collaboration with Pritzker Prize-winning architects Herzog & de Meuron for the Riviera Residences, a landmark development on Abu Dhabi’s Al Reem Island. Featuring over 400 apartments and 12 bespoke villas, the project draws on the city’s pearl-diving heritage and will debut in November 2025.
Emaar has unveiled Dubai Mansions, a Dh100-billion ultra-luxury project within the new Emaar Hills community. Comprising 40,000 homes and a collection of grand residences up to 20,000 square feet, the development is set to become one of Dubai’s most exclusive addresses.
Aldar has unveiled The Row Saadiyat, a new residential and lifestyle development designed by globally acclaimed architecture firm BIG (Bjarke Ingels Group), at the centre of Abu Dhabi’s Cultural District. Set against the backdrop of the iconic Zayed National Museum, the project introduces 315 premium apartments that promise a modern, community-driven way of life surrounded by the capital’s most celebrated cultural landmarks. The launch is set for 1 November 2025, with sales open to all nationalities.
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