5 Luxury Coastal Developments To Know
Up and down the east coast, these new projects offer the ultimate in lifestyle and comfort.
9 min
A new wave of premium residential properties along Australia’s east coast are set to hit the market this season, catering to wealthy and discerning investors as well as owner-occupiers seeking the ultimate in lifestyle and comfort.
We’ve highlighted five of the best projects coming to market in Melbourne, Sydney, Brisbane and on the Sunshine and Gold Coast in South East Queensland.
Whether they occupy a coastal, bayside or urban location, each project has exceptional city and water views as standard and are located close to recreational amenities, dining, shopping and transport facilities.
Architecturally striking, they represent the best of Australian contemporary architecture, thoughtfully designed and responsive to a specific setting, climate and topography.
Lavishly appointed with increasingly bespoke finishes and fixtures, the inclusion of exclusive amenities are akin to those offered in world-class private clubs and among the best creature comforts money can buy.
All projects featured are new to the market or were recently released and all have stock currently available for purchase.
Nature by Cube, 49 The Esplanade, Cotton Tree, Sunshine Coast, Queensland
Rendering: Cube Developments
Melbourne and Sydney seachangers have been descending on the Sunshine Coast in droves in the past 12 months. Attracted to the sub-tropical lifestyle of the region, 90 kilometres north of Queensland’s capital city Brisbane, developers such as Cube Developments are meeting the increase in demand for more luxurious residential property.
Nature by Cube is an eight-story Cottee Parker-designed project that will offer 13 state-of-the-art residences, all with water views and premium finishes.
Across 12 three-bedroom apartments and one four-bedroom penthouse, each residence has generous open-plan living, dining and kitchen spaces, a butler’s pantry, timber chevron flooring, limestone benchtops and top-of-the-range Gaggenau appliances.
Each bedroom has an en-suite bathroom while the primary bedrooms will have water and garden views while retaining privacy. The art-like sculptural facade will feature organic curves, glass-reinforced concrete, greenery inserts and draping landscaping as inspired by the shapes and tones of the coastal environment.
House-like in size and scale, apartments range from 250 square meters to 510 square meters for the penthouse, with little wasted space and premium fixtures and finishes throughout.
Nature by Cube apartments are available for sale, via an expression of interest campaign. Construction is scheduled to begin in the second half of 2021.
Number of Units: 13
Price Range: $2.638 million–$7 million
Developer/Architect: Cube Developments/Cottee Parker
Apartment Sizes: Three-bedroom apartments and a four-bedroom penthouse
Amenities: Resort-style amenities include a 25-meter lap pool, gym, steam room and spa, private dining room and wine room. Fine-dining restaurants, wine bars, chilled cafes and the beach are all within walking distance; while there’s hundreds of shops, entertainment options and transport links easily accessible within the new Maroochydore central business district. There are EV charging stations installed in all parking bays.
The Ambrose, 19-23 McDougall St., Milton, Brisbane, Queensland
Rendering: Kokoda Property
Located in a tightly held suburban area of Brisbane’s inner west, construction has begun on The Ambrose, a $150 million landmark residential tower. The 19-story tower, overlooking the Brisbane River, is 1.5 kilometres from the central business district, with arterial roads and cycle and ferry networks on its doorstep.
Queensland architectural practice Cottee Parker has designed a building that is sensitive to the surrounding landscape and responds to Brisbane’s sub-tropical climate. Maximizing views to the east while maintaining privacy, The Ambrose features 181 one-, two- and three-bedroom apartments and four-bedroom penthouses.
The sculptural facade’s organic fins and ascending greenery is inspired by the Brisbane River and city views, reflecting the city’s climate and outdoor lifestyle.
“The Ambrose is a reflection of the way we know people in Brisbane live, work and play, and conveys a strong architectural language rich in both form and function,” Cottee Parker director Sandra Browne said.
The apartments, which range in size from 62 square metres to 185 square meters for the penthouses, feature oak flooring, natural stone bench tops, marble bathrooms and Miele appliances.
The Ambrose is 300 meters from Milton Rail Station, a two-minutes walk to the Milton Ferry, while being only two kilometres from Brisbane’s arts and cultural precinct, including the Gallery of Modern Art, Queensland Performing Arts Centre, Brisbane Library and Brisbane Convention Center.
Construction has begun and is scheduled for completion in 2022 with 50% of the apartments still available for purchase.
Number of Units: 181
Price Range: From $590,000 to $2.095 million
Developers/Architect: Kokoda Property/Cottee Parker
Apartment Sizes: One-, two- and three-bedroom apartments and penthouses
Amenities: Residents will have exclusive access to substantial communal amenities including landscaped rooftop gardens, an 11-meter swimming pool, spa, sun lounges and barbecue area. Other amenities include a cinema room, lobby lounge, viewing deck, lawn covered terrace and gym.
Awaken, 275 Boundary St., Coolangatta, Queensland
Rendering: S&S Project Developments
Occupying an elevated headland above the Gold Coast’s iconic Duranbah and Snapper Rocks, Awaken has been designed to emulate this exclusive location while capturing 360 degrees of panoramic coastal views.
Awaken will occupy a site just inside the Queensland and New South Wales borders, overlooking two surf beaches, rock pools, a scenic lookout and walking paths. Unsurprisingly, the architectural brief for the ultra-premium project had to meet, and if possible, exceed the site’s extraordinary location. The result is a collection of only nine apartments—average price A$4.2 million each—that will likely appeal to affluent second-home owners and permanent residents.
“Awaken will be a game changer for the Gold Coast and South East Queensland,” KM Sales & Marketing director Jayde Pezet said.
World-renowned urban artist Lindy Lee has been engaged to create an 11-story art piece on the north-facing side of the building that will come to represent the iconoclastic status of the structure.
Buyers will have the opportunity to individually design their apartments to ensure each of the nine residences are wholly unique and bespoke.
Lavish and opulent fixtures and fittings will be offered to buyers who will have the choice of incorporating natural stones, steel and glass, custom cabinetry and leather accents alongside a full suite of home automation and security features.
Each apartment will have a private and extensive wraparound balcony, offering views south to Byron Bay and north to Stradbroke Island, while capturing afternoon seabreezes in every room.
Residents will be spoiled for choice with multiple white sand beaches in walking distance as well as the outdoor and leisure activities of the Tweed River.
Registrations of interest are being taken, with the project scheduled to launch to the market in early April.
Number of Units: 9
Price Range: Starting at $3.95 million
Developers/Architect: S&S Project Developments/Cottee Parker
Apartment Sizes: Three- and four-bedroom full floor apartments and one double-story penthouse
Amenities: Residents will have access to a swimming pool, luxurious steam room, outdoor landscaped barbecue area, additional secure storage and beach shower facilities. Level one will contain a destination fine dining restaurant and a café will occupy the ground level offering health food and coffee.
Website: awakenrainbowbay.com.au
The Landmark, 500 Pacific Highway, St Leonards, Sydney, New South Wales
Rendering: A+ Design Group
A vertical village of more than 400 apartments, The Landmark’s visionary architecture, enviable central location and vast amenities make it one of the most anticipated projects in the market.
Uninterrupted vistas of Sydney’s iconic Harbour Bridge and city skyline are part of the 52-story building’s appeal, with every floor and balcony unique in shape, size and outlook.
Still to be released are six of the seven penthouses that will occupy floors 30 and above, promising some of Sydney’s most dramatic views.
Inside will be multiple living areas, floor-to-ceiling windows, three or four bedrooms, a home office, cinema room, internal lift and private garage. Master craftsmanship is on display in the custom Italian-designed kitchens which feature grey Pietra marble countertops, custom cabinetry and Gaggenau and Sub-Zero appliances.
A Sky Lounge will be an exclusive space for residents in three-bedroom apartments and penthouses situated on Level 30 and above, offering stunning, panoramic views and an additional space to entertain friends and guests.All residents can make use of an acoustically engineered music rehearsal room, an indoor playground for children and a library for reading and studying.
The Landmark’s final release of penthouses and three-bedroom skyhomes is expected this year. The building is under construction and will be completed in October 2021.
Number of Units: 429
Price Range: Studio apartments from $600,000-$750,000. One-bedrooms from $720-000- $980,000. Two-bedrooms from $1.25 million-$1.88 million. Three-bedrooms from $2.2 million-$4 million. Penthouses from $11 million-$18 million.
Developer/Architects: New Hope/A+ Design Group in association with Warren & Mahoney
Amenities: Residents will be granted exclusive access to Club 500, which includes the services of a full-time concierge, an indoor lap pool, a spa, a sauna, a private gym, a yoga room and a cinema. A virtual golf room combines luxurious lounges and modern technology, while a communal lounge with bar, dining room and fireplace is available for private events.
Pavilion Green Sky Homes, 216 Bay Rd., Sandringham, Melbourne, Victoria
Rendering: Auyin
The double-story sky homes atop the recently completed Pavilion Green are a sight to be seen due to size, outlook and quality of finishes.
It’s a new benchmark for this popular seaside suburb less than 20 kilometers from Melbourne’s central business district, where residents relish the active outdoor lifestyle of swimming, sailing, cycling and walking trails.
Pavilion Green’s contemporary design is a direct reflection of its premium coastal location. Waves of curved linear bands flow across the façade thanks to generous cantilevered balconies that are private and protected from the elements. The Sky Homes are Pavilion Green’s piece de resistance; huge homes that range from 235 square meters to 470 square meters, including outdoor terraces.
Each two-story residence comes with its own private elevator and central feature staircase and a complete home-integration system that includes Sonos speakers, electronic blinds and a smart TV in the main living area. Panoramic views of the city skyline and Port Phillip Bay, high ceilings, gas fireplaces and luxe kitchens featuring a Signorino marble island countertops, Miele appliances, double ovens and a butler’s pantry come as standard.
Sandringham is one of Melbourne’s most sought-after seaside villages, with easy access to upscale shopping in Brighton and Westfield Southland, residents have dining, retail, recreational facilities and transport at their doorstop.
Construction of Pavilion Green has been completed with the four sky homes to officially be released to the market in March.
Number of Units: 4
Price Range: $2.2 million to $2.99 million
Developer/Architect: Auyin/CBG
Apartment Sizes: Three-bedroom sky homes
Amenities: At ground level are boutique retail spaces, a private lobby and exclusive residents’ retreat. A large entertainment terrace flows out to the landscaped gardens of Pavilion Green, while central elevators and stairs provide accessibility to allocated basement parking, private lockable storage and bicycle bays.
Website: skyhomessandringham.com.au
Reprinted by permission of Mansion Global. Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: March 18
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Dubai Land Department (DLD) has launched Phase 2 of its Emirati Real Estate Business Incubator Program, aiming to empower a new wave of national talent to enter and lead the sector. Building on the success of its first phase, the initiative will support 25 Emirati participants through training, mentorship, and industry engagement to establish sustainable brokerage firms and contribute to Dubai’s growing real estate ecosystem.
Riyadh’s ‘Quality Valley’ PPP project has attracted strong interest, with 59 companies submitting EOIs, including 53 Saudi and 6 international firms. The response reflects investor confidence in long-term development opportunities, with the project set to be delivered under a DBFOMT model with a 32-year operational term.
Emaar Properties reported a strong start to 2026, with property sales up 16% to AED 22.4 billion and revenue growth of 23%, supported by sustained demand, operational efficiency, and a record backlog of AED 163.4 billion.
As UAE summers intensify, thoughtful design choices such as strategic shading, natural materials, greenery, and improved airflow can help create cooler, more comfortable, and energy-efficient homes, according to NKEY Architects.
3 min
Summer in the UAE is not just a seasonal shift, it is a test of how homes are designed to perform. With rising temperatures and longer periods of intense sunlight, residential spaces are increasingly expected to do more than look good; they must actively support comfort.
Rather than relying solely on mechanical cooling, small but intentional design decisions can significantly reduce heat gain and improve how a home feels throughout the day. Here are five approaches that can make a measurable difference by NKEY Architects.
Let Minimalism Do the Cooling
Summer is an opportunity to reassess what a home is carrying; visually and physically. Heavy furniture, cluttered surfaces, excessive textiles, and bold color palettes can make interiors feel more intense.
A useful starting point is to edit the home with intention. Reviewing furniture, kitchen items, and appliances—and removing what is no longer needed—creates immediate spatial relief. This sense of openness allows light to travel further and air to circulate more freely, improving both comfort and perception of space.
Color plays a functional role. Lighter tones and softened natural materials help create a cooler visual environment, while darker shades tend to absorb and intensify the effect of direct sunlight. Even a simple wall adjustment can shift the atmosphere of a room.
Beyond interiors, comfort also begins at the building edge. Controlling how much sunlight enters the home is one of the most effective passive cooling strategies. Shading systems that filter harsh light and introduce a buffer zone between exterior and interior surfaces help reduce heat transfer into the building envelope, improving overall thermal performance without relying on mechanical systems.
Turn the Backyard Into a Night-Time Retreat
While daytime outdoor living in peak UAE summer can be challenging, evenings offer a completely different opportunity to reclaim outdoor spaces. A balcony, terrace, porch, or backyard can be reimagined as a night-time retreat designed around comfort.
Comfortable seating, soft layered lighting, gentle cooling fans, and weather-resistant furniture can transform an underused outdoor area into a calm and inviting extension of the home after sunset.
Material selection plays an important role in durability and comfort. Naturally resilient materials such as teak wood perform well in high temperatures and humidity, while also aging gracefully outdoors. This can be complemented with softer layers by including cushions, lanterns and warm string lighting to create a relaxed, lived-in atmosphere.
Greenery further enhances the spatial quality of outdoor areas. Layered planting across different heights introduces depth and softness, helping to reduce the harshness of built surfaces. Potted palms, hanging planters, and climbing plants can quickly shift even compact balconies into more shaded, and refreshing environments.
Bring the Outdoors Inside
For those who prefer to stay indoors during summer, biophilic design offers a simple yet effective way to reconnect interior spaces with nature. Beyond aesthetics, greenery plays a functional role in improving indoor environmental quality. Plants including areca palm, snake plant, peace lily, and aloe vera, are particularly well-suited to UAE homes, due to their resilience in controlled indoor conditions. When thoughtfully positioned, planting can introduce a subtle sense of freshness while softening architectural surfaces and interiors.
Water elements can further enhance this effect. Small indoor fountains or cascading features help create a more stable and calming microclimate. The movement and sound of water add a sensory layer that offsets the intensity of outdoor heat, making interior spaces feel more grounded.
Choose Materials That Work With the Climate
Natural materials such as stone, clay, and adobe contribute to a more stable indoor environment due to their high thermal mass, allowing them to absorb heat during the day and release it gradually as temperatures drop.
Additionally well-insulated walls, roofs, and flooring systems help regulate internal temperatures more effectively, reducing heat gain and limiting reliance on mechanical cooling.
Complementary natural materials such as bamboo, cork, and plant-based fibers can further support a healthier indoor environment. When used appropriately, they contribute to a more balanced material palette suited to the regional climate.
Make Small Changes With Big Impact
Windows are among the primary points of heat gain in residential design. Managing direct sunlight through layered solutions such as blackout curtains, thermal blinds, UV-filtering sheers, and heat-reducing films can significantly reduce solar penetration while still allowing natural daylight to filter through.
In homes with larger glazing areas or open-plan layouts, motorized shading systems offer a more responsive solution, automatically adjusting based on time of day or indoor temperature to maintain visual comfort and thermal balance.
Interior layout also plays an important role in airflow efficiency. Keeping furniture clear of windows and avoiding obstruction of cross-ventilation paths helps air circulate more effectively—particularly in villas and low-rise homes where natural ventilation can still be leveraged.
Ultimately, summer-ready design is about responsiveness rather than transformation. Through considered editing, strategic shading, the integration of greenery, and the use of climate-appropriate materials, homes in the UAE can become more adaptive environments and more comfortable throughout the season.
Following the successful launch of its Palais Collection, MAISON de SABRÉ has unveiled a new modular handbag system offering more than 720 styling combinations.
The sports-car maker delivered 279,449 cars last year, down from 310,718 in 2024.
Dubai’s property market is showing signs of stabilization reporting rising demand across both sales and leasing in April. Sales enquiries increased 11% month-on-month, while tenant enquiries jumped 40%, as villas and townhouses continued to outperform apartments amid improving market confidence.
2 min
Dubai’s property market is showing early signs of stabilization, with April data from betterhomes pointing to improving demand across both sales and leasing, without the supply pressure typically associated with a market slowdown.
Sales market shows signs of recovery
Dubai Land Department figures show total transactions up just under 2% month-on-month, marking the first positive move since the conflict began in late February. Internally, betterhomes recorded an 11% increase in inbound sales enquiries between March and April, with activity improving consistently week on week.
Supply remains disciplined despite softer demand
What’s equally telling is what’s not happening. Despite enquiries running around 30% below year-ago levels, sales listing volumes have remained flat. Sellers are not flooding the market. Louis Harding, CEO of betterhomes, attributes this to a structural shift years in the making: a healthier ratio of end-user ownership versus speculative investment.
“We’re simply not seeing the supply response you’d expect if this were a market in genuine distress,” he said. “Every week the metrics improve. This is a disciplined pause, not a retreat.”
Mortgage brokers are meanwhile reporting a bottleneck of buyers seeking agreements in principle, with latent demand quietly positioning itself to move.
Leasing activity rebounds sharply
The leasing market is moving faster. Tenant enquiries rebounded 40% between March and April, the sharpest monthly recovery since the conflict began. Available rental inventory grew from just over 1,000 units at the start of March to nearly 2,200 by the end of April, while around 70% of listings recorded price adjustments averaging just under 10%.
The inquiry-to-listing ratio now sits at 6.6, down from 10 pre-conflict, but still reflective of active demand. Rupert Simmonds, Director of Leasing at betterhomes, said the market is moving towards a healthier balance.
“Rents have adjusted, choice has increased, and tenants are re-engaging,” he said. “Landlords who price realistically now will be well-positioned when demand fully recovers.”
Villas continue to outperform apartments
Performance across the rental market remains uneven. Villas and townhouses are holding firmer on price than apartments, while well-maintained properties are consistently outperforming on both leasing speed and achieved rents.
Long-term fundamentals remain intact
The broader direction across Dubai’s property market is one of gradual normalization rather than disruption. Demand is rebuilding week on week, supply remains stable, and recent policy and infrastructure announcements are expected to support long-term confidence.
These include the removal of the minimum property value threshold for UAE investor visas, alongside the planned USD 9 billion Gold Line metro expansion connecting 15 districts across the city.
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PropTech Connect Middle East has opened its regional office in DIFC with support from Dubai Land Department, reinforcing Dubai’s position as a global hub for real estate innovation and proptech growth.
3 min
Building on the strong momentum of Dubai’s proptech sector, PropTech Connect Middle East has announced the opening of its regional office in Dubai International Financial Centre (DIFC), with support from Dubai Land Department (DLD). This step reflects the emirate’s growing position as a regional and global hub for real estate innovation.
The opening of the office marks the culmination of the inaugural edition of PropTech Connect Middle East 2026, held in Dubai last February. The event attracted more than 3,000 participants and over 300 speakers and played a key role in reinforcing the emirate’s position as a platform that brings together technology and real estate investment, while enhancing opportunities for collaboration among key stakeholders across the sector.
This expansion reflects the outcome of the ongoing efforts led by Dubai Land Department to develop an integrated proptech ecosystem that fosters innovation, strengthens collaboration among regulators, developers, and technology companies, and creates an attractive environment for global and emerging firms.
The exhibition served as a high-caliber global platform that brought together leading experts and decision-makers, reflecting Dubai’s growing stature as a key international hub where technology converges with real estate investment, and underscoring its pivotal role in supporting investment flows and fostering cross-border partnerships.
The opening of the regional office of PropTech Connect Middle East, which has obtained a commercial license from the Dubai International Financial Centre, represents a strategic step that supports the expansion of proptech companies and reinforces Dubai’s position as a hub for innovation within an integrated ecosystem continuously developed by Dubai Land Department.
Mohammed Ali Al Badwawi, CEO of the Real Estate Registration Sector at Dubai Land Department, affirmed that this step reflects growing global confidence in Dubai’s regulatory and investment environment. He said: “Dubai continues to strengthen its global position in proptech by building an integrated ecosystem that brings together innovation, flexible regulatory frameworks, and effective partnerships, enhancing its ability to attract high-quality investments and support the sustainable growth of the sector. The success achieved by the inaugural edition of PropTech Connect Middle East marked the beginning of a new phase of international collaboration in real estate innovation and reflects Dubai’s role in leading digital transformation and advancing new concepts in the development of the sector.”
Matthew Maltzoff, CEO & Co-Founder of PropTech Connect, said: “The opening of our office in Dubai reflects the level of confidence we place in the emirate’s dynamic environment, which combines a clear vision for development, a supportive regulatory framework, and an integrated ecosystem that enables innovation. We see Dubai as an ideal platform to expand our presence in the region and to work with our partners, foremost among them Dubai Land Department to push the boundaries of innovation in the real estate sector.”
This announcement follows the organization of the PropTech Elevate x REES event, a specialized session attended by leading government entities, real estate industry leaders, and promising proptech companies. The session was organized by the Dubai PropTech Hub based at the Innovation Hub, in collaboration with Dubai Land Department and the REES platform. It served as a platform for exchanging insights on proptech trends and aligning sector priorities, while also highlighting innovative solutions that support Dubai’s real estate transformation agenda.
Mohammad AlBlooshi, Chief Executive Officer of DIFC Innovation Hub, said: “As a leading platform for the PropTech sector, PropTech Connect’s presence in DIFC will further strengthen industry dialogue and collaboration by bringing together investors, innovators and real estate leaders from Dubai, the UAE and across the region. Initiatives such as PropTech Elevate x REES further reinforce this momentum by aligning sector priorities and showcasing innovation that supports Dubai’s real estate transformation agenda.”
Building on this momentum, the dates for the 2027 edition of the exhibition in Dubai will be announced soon, with expectations of even greater participation, targeting more than 4,000 participants and 2,000 proptech companies, further reinforcing the event’s position as a key regional platform.
This direction aligns with the strategic vision led by Dubai Land Department, in line with the objectives of the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033. Both place innovation and digital transformation at the core of sector development, further enhancing the emirate’s attractiveness as a leading global hub for real estate investment.
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Many of the most-important events have slipped from our collective memories. But their impacts live on.
Dubai Land Department (DLD) has launched Phase 2 of its Emirati Real Estate Business Incubator Program, aiming to empower a new wave of national talent to enter and lead the sector. Building on the success of its first phase, the initiative will support 25 Emirati participants through training, mentorship, and industry engagement to establish sustainable brokerage firms and contribute to Dubai’s growing real estate ecosystem.
2 minFollowing the strong success of the first phase of the Emirati Real Estate Business Incubator Program, which saw significant interest from Emirati talent seeking to enter the real estate sector and establish UAE-led brokerage firms, Dubai Land Department (DLD) has announced the launch of the program’s second phase. The new phase aims to attract 25 additional participants, reinforcing DLD’s ongoing commitment to empowering UAE nationals and strengthening their presence within the real estate sector.
The second phase supports Dubai’s vision of building a diversified, knowledge-based economy driven by entrepreneurship and national talent. The program contributes to the development of a more sustainable and competitive real estate ecosystem, led by a new generation of qualified Emirati entrepreneurs who can support the sector’s growth and enhance Dubai’s global position as a leading destination for real estate investment.
Delivered in collaboration with strategic partners Dubai Silicon Oasis, New Economy Academy, and The Rochester Institute of Technology – Dubai, the program offers a comprehensive framework that extends beyond training to include mentorship, practical guidance, and direct engagement with stakeholders and partners in the real estate sector. This integrated approach enables participants to establish and develop Emirati real estate companies that operate according to the highest professional standards while ensuring long-term growth and sustainability.
Eng. Abdullah Ahmed Al Shehhi, CEO of the Real Estate Regulatory Agency (RERA), said: “The launch of the second phase of the Emirati Real Estate Business Incubator Program marks a new step in empowering national talent and strengthening their role in shaping the future of Dubai’s real estate sector. The program aims to equip Emirati brokers and entrepreneurs with the knowledge, skills, and support needed to establish sustainable brokerage firms that contribute to a more efficient and competitive real estate market.”
He added: “The first phase highlighted the strong potential of Emirati talent and their ability to confidently enter the real estate sector when provided with the right environment, practical knowledge, and professional guidance. Through this new phase, we continue building on these achievements and encourage Emirati citizens and entrepreneurs to seize this opportunity and transform their ambitions into real success stories within one of Dubai’s most dynamic sectors.”
The second phase will train a new cohort of Emirati participants over a six-month period through a specialized program covering the regulatory, legal, operational, marketing, and financial aspects of establishing and managing real estate brokerage firms. The program also focuses on the application of technology and artificial intelligence within the real estate sector, while promoting professional conduct and industry ethics.
Participants will benefit from practical networking opportunities with developers and market stakeholders, enabling them to explore available projects and investment opportunities while building professional relationships that support the launch of their businesses. This builds on the practical outcomes of the first phase, which successfully connected participants with the real estate market and enhanced their readiness to transition from learning to implementation.
Through this initiative, Dubai Land Department continues to reinforce its role as a key enabler of Emirati talent and entrepreneurship within the real estate sector by providing a supportive environment that combines knowledge, practical application, and sustainable economic impact. The initiative contributes to the development of a new generation of Emirati real estate companies capable of supporting market growth and enhancing the sector’s competitiveness.
DLD invited Emirati citizens interested in the real estate sector, whether experienced professionals or individuals seeking a new career path, to register for the second phase of the program before 25 May 2026 and benefit from this national platform dedicated to empowering Emirati talent to lead the future of Dubai’s real estate sector.
Many of the most-important events have slipped from our collective memories. But their impacts live on.
Two coming 2027 models – the first of the “Neue Klasse” cars coming to the U.S. early next year – have been revealed.
Riyadh’s ‘Quality Valley’ PPP project has attracted strong interest, with 59 companies submitting EOIs, including 53 Saudi and 6 international firms. The response reflects investor confidence in long-term development opportunities, with the project set to be delivered under a DBFOMT model with a 32-year operational term.
2 minThe State Properties General Authority (SPGA) and National Centre for Privatisation and PPP (NCP) announced on Monday that 59 companies have submitted expressions of interest (EOIs) for the Quality Valley mixed-use Public-Private Partnership (PPP) project in Riyadh.
The EOI phase for the project was launched last month.
A joint statement said 53 Saudi companies and 6 international companies expressed interest in the scheme.
The interested companies include 36 developers and real estate developers; 11 contractors; three consultants; six equity investors and three firms from financial services sector.
The project is being procured under a design-build-finance-operate-maintain-transfer (DBFOMT) framework.
The concession includes a 32-year operational term and an additional three-year construction period.
The list of companies interested in the project are as follows:
Developers / Real Estate Developers
- Abdulrahman Saad Alrashid and Sons (ARTAR) – Saudi Arabia
- Ajdan Real Estate Development Company – Saudi Arabia
- Al Bawani – Saudi Arabia
- Al Gihaz Holding Company – Saudi Arabia
- Al-Ayuni Investment & Contracting Co. – Saudi Arabia
- Alameriah Development – Saudi Arabia
- Alargan Projects Company – Saudi Arabia
- Al-Fahd Company – Saudi Arabia
- Alkhorayef Investment and Development Company – Saudi Arabia
- Al-Soliman Real Estate – Saudi Arabia
- Al Saedan Real Estate Company – Saudi Arabia
- ASYAD Holding Company – Saudi Arabia
- Arabian Construction Co. (ACC) – UAE
- Business Deal Company (BDC) – Saudi Arabia
- Ezdihar Real Estate Company – Saudi Arabia
- HAY Developments – Saudi Arabia
- Heyazah Real Estate Development – Saudi Arabia
- Kinan International – Saudi Arabia
- Ladun Investment Company – Saudi Arabia
- Lamar Holding – Bahrain
- Ledar Investment – Saudi Arabia
- Liwan Real Estate Development – Saudi Arabia
- MADA International Holding – Saudi Arabia
- Naif Alrajhi Investment – Saudi Arabia
- Pan Kingdom Real Estate – Saudi Arabia
- Refad Investment & Real Estate Development – Saudi Arabia
- Retal Urban Development Company – Saudi Arabia
- RIYMAR (AlMozaini Real Estate) – Saudi Arabia
- Safari Group – Saudi Arabia
- SkyBridge – USA
- Sumou Real Estate – Saudi Arabia
- Tatweer (Joint Stock Company) – Saudi Arabia
- Technical Development Company (TDC Contracting) – Saudi Arabia
- Telad Real Estate – Saudi Arabia
- Zamil Group Real Estate Company – Saudi Arabia
- ZEOOF Real Estate Investment and Development – Saudi Arabia
Contractors
- Al Kifah Holding Company – Saudi Arabia
- BEC Arabia – Saudi Arabia
- BUNA Al-Khaleej Contracting Company (BUNA) – Saudi Arabia
- Saudi Binladin Group Ltd – Saudi Arabia
- Fanar Arabian International Co.- Saudi Arabia
- International Hospitals Construction Company (IHCC) -Saudi Arabia
- Mohammed Ali Al-Swailem Trading & Contracting (MASCO) – Saudi Arabia
- Mounes Mohamed Al Shayeb for Civil Construction (MOBCO) – Saudi Arabia
- Shar Company – Saudi Arabia
- Shibh Al Jazira Contracting Company (SAJCO) – Saudi Arabia
- Urbas Middle East – Spain
Consultants
- ALTERAZ Design Architectural and Engineering Consultant – Saudi Arabia
- Dar Al Riyadh – Saudi Arabia
- Meinhardt Group – Singapore
Equity Investors
- Ahmed Al Thunayan Investment Group – Saudi Arabia
- Aldrees Industrial and Trading Co. (ALITCO) – Saudi Arabia
- Tanami Holding – Saudi Arabia
- OWN United – Saudi Arabia
- SAH First Investment Company
- Sumou Global Investment / Poly Manners Architecture (PMA) – Saudi Arabia
Financial Services Providers
- GIB Capital – Saudi Arabia
- MEFIC Capital – Saudi Arabia
- SNB Capital – Saudi Arabia
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Emaar Properties reported a strong start to 2026, with property sales up 16% to AED 22.4 billion and revenue growth of 23%, supported by sustained demand, operational efficiency, and a record backlog of AED 163.4 billion.
4 minEmaar Properties PJSC delivered a strong start to the year 2026, supported by sustained demand across its core segments, disciplined execution, and the Group’s diversified business model. Sustained sales activity, a stable base of recurring revenues, and robust operational performance contributed to overall financial strength and earnings visibility.
Emaar’s Q1 2026 results demonstrate the quality of its earnings profile, with growth delivered across both development and recurring-income businesses. Revenue increased by 23%, while EBITDA grew faster at 34%, reflecting operating leverage, portfolio quality, and sustained cost discipline. The quarter benefited from robust performance in the UAE development business, healthy occupancy across our malls and commercial assets, and continued contribution from our international portfolio. The Company remains focused on disciplined capital allocation, operational excellence, and converting its backlog into profitable growth.
Key Highlights with Strategic and Operational Milestones:
- Sales Growth: Property sales reached approximately AED 22.4 billion (US$ 6.1 billion) in Q1 2026, marking an increase of 16% compared to the same period last year, driven by continued demand across established communities and new project launches in the UAE.
- Backlog Growth: As of 31 March 2026, revenue backlog stood at approximately AED 163.4 billion (US$ 44.5 billion), reflecting an increase of 29% year-on-year and providing strong revenue visibility for the coming years.
- Revenue Growth: Total revenue for the period reached AED 12.4 billion (US$ 3.4 billion), representing growth of 23% compared to Q1 2025, supported by contributions from both UAE and international operations.
- Profitability: EBITDA reached AED 7.2 billion (US$ 2 billion), increasing by 34% year-on-year, supported by operational efficiencies and stable margins across all business lines. Net profit before tax also reached AED 7.2 billion (US$ 2 billion), marking a growth of 33% compared to the same period last year.
- Dividend Paid: Emaar recently declared and distributed a dividend equivalent to 100% of its share capital to shareholders, amounting to AED 8.9 billion (US$ 2.4 billion), marking the second consecutive year of such a payout.
- Strategically Positioned Land Bank: Emaar benefits from a substantial and diversified master-planned land bank, encompassing ~600 million sq. ft. of mixed-use development opportunities, of which ~317 million sq. ft. of land bank is in the UAE. This land reserve is strategically positioned to support the Group’s ongoing expansion and long-term value creation for its shareholders.
- Customer and Community Focus: Emaar continued to prioritise customer experience through quality delivery, innovative developments, and vibrant community offerings, including proactive preparedness and adequate measures during adverse weather conditions, ensuring safety, minimising disruption, and reinforcing community trust across its destinations.
- Talent Development: In addition to investing in talent and capability building, including leadership development and Emirati talent programmes, the Company supported employee well-being through initiatives focused on resilience and mental health during times of uncertainty.
- Operational Efficiency: The Group maintained a disciplined approach to cost management while enhancing operational effectiveness across its business lines.
- Sustainability: Emaar continued to advance its ESG agenda, focusing on responsible development practices and long-term environmental impact reduction. This included progress on its Net Zero 2050 Strategy and expansion of renewable energy initiatives.
Mohamed Alabbar, founder of Emaar, said: “Our performance in the first quarter of 2026 reflects the strength and resilience of the UAE economy, which continues to provide a stable foundation despite broader regional volatility. Recent geopolitical developments in the region have reinforced the importance of operating in markets defined by safety, institutional continuity, and long-term vision. The UAE’s stability is the result of decades of wise leadership, sustained investment in world-class infrastructure, and a clear, business-friendly policy environment. The sustained trust of our customers and investors enables us to maintain momentum, and we remain focused on delivering high-quality developments, operational discipline, and long-term value through a diversified and resilient business model.”
UAE Build-To-Sell Property Development
Emaar’s UAE build-to-sell property development business, led by Emaar Development PJSC (DFM: EMAARDEV), maintained strong momentum during the quarter, supported by healthy underlying demand, new launches, consistent project execution and a diversified portfolio of master-planned communities.
- Property sales reached AED 20.1 billion (US$ 5.5 billion), up 22% year-on-year
- Emaar Development PJSC (DFM: EMAARDEV) reported revenue of AED 6.9 billion (US$ 1.9 billion), up 36% and net profit before tax increased to AED 4.0 billion (US$ 1.1 billion), up 46%
- Including other UAE-based development operations such as Dubai Creek Harbour, revenue from UAE property development reached AED 8.9 billion (US$ 2.4 billion)
- Revenue backlog of UAE development projects stood at AED 143.3 billion (US$ 39 billion) as of 31 March 2026
During the quarter, the Group launched 10 new projects across key communities, including The Heights Country Club & Wellness, a nature-led master-planned development centered on wellness, green living, and integrated lifestyle experiences, further expanding its portfolio and strengthening its market position.
International Development
Emaar’s international development business continued to contribute to Group diversification and growth, with solid performance led by Egypt.
- Property sales: AED 2.3 billion (US$ 0.6 billion)
- Revenue from international operations: AED 0.7 billion (US$ 0.18 billion), up 5% year-on-year
- International development represented around 5.3% of total Group revenue in Q1 2026
Shopping Malls, Retail, and Commercial Leasing
Emaar’s malls, retail, and commercial leasing portfolio delivered another quarter of resilient growth, underpinned by high occupancy, strong asset quality, and improved lease rental performance on renewals.
- Revenue: AED 1.8 billion (US$ 0.5 billion), up 15% year-on-year
- EBITDA: AED 1.5 billion (US$ 0.4 billion), up 16%
- Average occupancy: 98% across the portfolio as of 31 March 2026
The portfolio continued to benefit from the strength of Emaar’s flagship destinations and differentiated customer offering.
Hospitality, Leisure, and Entertainment
Emaar’s hospitality, leisure, and entertainment portfolio delivered a stable performance during Q1 2026, supported by steady guest activity, although performance in March was affected by the ongoing regional situation.
- Revenue: AED 1.0 billion (US$ 0.3 billion), broadly in line with Q1 2025
- Average UAE hotel occupancy: 69% in Q1 2026
Recurring Revenue
Emaar’s recurring revenue portfolio remained a key source of earnings resilience and cash flow visibility, supported by its diversified base of malls, hospitality, leisure, entertainment, and commercial leasing assets.
- Recurring revenue: AED 2.8 billion (US$ 0.8 billion), up 7% year-on-year
- Recurring revenue EBITDA: AED 2.2 billion (US$ 0.6 billion), up 7%
- The portfolio contributed approximately 30% of total EBITDA in Q1 2026
While macroeconomic and geopolitical conditions remain dynamic, Emaar is well-positioned for continued growth, supported by strong market fundamentals, a high-quality development pipeline with a record revenue backlog of AED 163.4 billion (US$ 44.5 billion), and a resilient recurring income stream. The Group will continue to monitor market conditions closely and remain committed to disciplined execution, prudent capital allocation, and long-term value creation.
Two coming 2027 models – the first of the “Neue Klasse” cars coming to the U.S. early next year – have been revealed.
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
Jamal Living is expanding its footprint in Dubai with a new residential development in Al Barsha, reinforcing a strategy built on disciplined execution and consistent delivery. With a 98% on-time track record and over 1,200 units delivered, the boutique developer continues to prioritize build quality and on-site performance, as seen in the steady progress of Solen Residence.
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Jamal Living has announced plans for a new residential development in Al Barsha, marking its latest step in a growth strategy defined by on-time delivery and a focus on build quality.
With more than 30 years of experience across the UAE, Jordan, and Qatar, Jamal Living has delivered over 1,200 residential units, with over 20 projects completed or ongoing, maintaining a consistent 98% track record of on-time delivery. As a boutique developer, the company prioritizes quality over scale, maintaining close oversight across every stage of the development lifecycle.
The upcoming launch follows sustained progress at Solen Residence, where construction continues to advance in line with planned timelines. The project reflects the developer’s focus on execution, on-site performance, and consistency.
Solen Residence has now reached 10% completion, with construction progressing in line with its original delivery timeline.
At a time when segments of the market experienced delays, Solen Residence continued progressing without interruption, quietly reinforcing Jamal Living’s reliability where it matters most: on site. Exclusively presented by betterhomes, the project stands as a clear example of a developer that follows through, even in changing conditions.
“There will always be shifts in any market,” said Mohammad Yasin, Chairman at Jamal Living. “Our approach has been built around long-term planning and disciplined execution, ensuring we can move with clarity and maintain momentum regardless of external conditions.”
Jamal Living’s developments are shaped by a long-term perspective, with a focus on liveability, material quality, and considered design. Each project is approached with a clear sense of intent, balancing detail, durability, and overall value.
The new Al Barsha development is expected to reflect these principles, introducing a thoughtfully positioned residential offering within one of Dubai’s established communities. Further details will be announced in the coming weeks.
As Dubai’s real estate market continues to evolve, Jamal Living’s latest announcement signals steady, forward-looking activity from developers focused on consistency and disciplined growth.
Two coming 2027 models – the first of the “Neue Klasse” cars coming to the U.S. early next year – have been revealed.
Interior designer Thomas Hamel on where it goes wrong in so many homes.
MERED unveils Abu Dhabi’s first floating sales gallery on Al Reem Island, offering an immersive preview of Riviera Residences. Set directly on the water, the space reflects the project’s Mediterranean-inspired design and waterfront lifestyle, as demand for premium real estate in the capital continues to grow.
2 min
MERED, the award-winning international real estate developer, has unveiled a remarkable floating sales gallery on the waters of Al Reem Island, created as an exclusive introduction to Riviera Residences, the developer’s landmark waterfront project in Abu Dhabi. The launch was attended by leadership from Abu Dhabi Global Market (ADGM), alongside senior executives from MERED and project partners, reflecting strong industry support.
Located directly on the water adjacent to the project site, the gallery presents an early view of Riviera Residences, which spans two prime plots totaling more than 23,400 square meters on Al Reem Island. Conceived as a tribute to the Mediterranean Riviera, the floating gallery’s interiors draw on both Mediterranean and Emirati design influences. The space has been purpose-built to reflect the core identity of Riviera Residences, a project in which the sea is not a backdrop but the defining element of its architecture, lifestyle, and character.
The development is designed by Pritzker Prize-winning architects Herzog & de Meuron, with landscape design by Michel Desvigne Paysagiste (MDP), technical leadership by DAR Al-Handasah, and enabling works by NSCC International Ltd. It will offer over 400 apartments and 11 villas, among them sky villas, bay villas, and a penthouse, alongside landscaped gardens and a vibrant waterfront promenade with cafés, boutique retail, and dining.
Michael Belton, CEO at MERED, commented: “Abu Dhabi is entering a defining phase in its growth as a global real estate destination. The city saw a 160% rise in real estate transaction value in Q1 2026 alone, reflecting a deepening appetite for premium development. At MERED, we believe that how a project is presented should be as considered as how it is designed. The floating gallery is a direct expression of what Riviera Residences stands for and allows clients to connect with the vision in its most authentic form.”
Abu Dhabi’s global appeal continues to accelerate, supported by an affluent and growing population and a regulatory environment that fosters transparency and investor confidence. Foreign direct investment in the capital’s real estate sector reached approximately AED 8 billion in Q1 2026, equivalent to the total FDI recorded across all of 2025, with investors from 99 nationalities contributing to the quarter’s performance.
Al Reem Island is one of Abu Dhabi’s most attractive premium destinations, ranked among the capital’s most active real estate areas. It sits in proximity to the Abu Dhabi Global Market financial center, prestigious international schools, Reem Central Park, Galleria Mall, and Saadiyat Cultural District. The island offers waterfront views, lifestyle amenities, and modern infrastructure that support the city’s vision for sustainable, high-quality communities.
The launch coincides with significant construction progress at Riviera Residences. MERED recently announced the completion of over 60% of enabling works, including guide walls, shoring, contiguous piling, and ground improvement, as well as deep foundation works. The progress underscores the resilience of Abu Dhabi’s premium residential market and the strength of the emirate’s off-plan delivery.
Paine Schwartz joins BERO as a new investor as the year-old company seeks to triple sales.
Following the devastation of recent flooding, experts are urging government intervention to drive the cessation of building in areas at risk.
Dubai’s real estate market remains resilient, recording AED48 billion in April sales, driven by strong demand across residential and commercial segments and rising investor confidence.
2 min
The Dubai real estate market showed continued resilience in April, recording 13,977 sales transactions worth AED48 billion.
A market update issued today by fäm Properties showed that activity strengthened month-on-month, with sales volume rising 3.5% compared to March, while total sales value increased by 10.7%.
The strongest growth came in the commercial sector, including offices and shops, with 561 sales transactions valued at AED4 billion, up 33.9% YoY and 36.2% month-on-month.
Apartment sales were also up MoM by 6.5% to 11,377 transactions worth AED24.1 billion, while plot sales rose 34.7% MoM to 237 deals valued at AED6.6 billion. The average property price per sq ft was up by 16.1% YoY to AED1,840.
Data from DXBinteract revealed that primary sales again dominated in April, accounting for 10,563 sales transactions totaling AED35.8 billion, compared with 3,414 resales valued at AED12.2 billion.
“Last month’s performance reflects the market’s underlying strength, with steady demand across both residential and commercial segments,” said Firas Al Msaddi, CEO of fäm Properties.
“Despite ongoing geopolitical tensions, Dubai is benefiting from its reputation as a stable, transparent and well-regulated environment for investment. The continued dominance of primary sales also points to long-term confidence in the emirate’s growth and development pipeline.”
For the second month in succession, Dubai South was the best-performing area, with 1,171 sales transactions valued at AED2.7 billion, marking its sixth consecutive month in the top five.
TOP FIVE PERFORMING AREAS IN APRIL 2026
The most expensive apartment sold in April was a luxury property at Aman Residences Tower 2 at Jumeirah Second which fetched AED171 million.
Other luxury apartments sold for AED122 million at Baccarat Residence T1 at Downtown Dubai and AED118 million at Building C at Marsa Dubai. The most expensive villa went for AED76 million at Eden Hills.
With properties worth more than AED5 million accounting for 11.81% of sales, 12.65% were between AED3-5 million, 17.54% between AED2-3 million, 34.7% between AED1-2 million and 23.3% were below AED1 million.
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Saudi-based First Avenue for Real Estate Development has signed a contract addendum with Asas Makeen for a residential project in Al Hada District, bringing the total project value to SAR86 million. The townhouse development will be delivered on a turnkey basis within an integrated urban setting, with execution progressing on schedule.
< 1 min
Saudi-based First Avenue for Real Estate Development Company has announced that it had signed an addendum to its contract with Asas Makeen Real Estate for a key residential project in Al Hada District, setting the total project cost at about SAR86 million ($22.9 million).
The addendum was signed after completing detailed designs and defining technical specifications and quality standards, said First Avenue in its filing to Saudi bourse Tadawul.
The residential project is located on a land plot with a total area of 23,199.09 sq m.
The agreement follows the company’s earlier announcement in July last year, regarding the contract for the project’s execution.
The development aims to establish a townhouse residential compound within a fully integrated urban environment. The scope of the contract includes the full execution of the project on a turnkey basis, in accordance with the approved plans, and in compliance with the technical specifications and quality standards set for the project.
The total cost includes fees payable to Asas Makeen at a rate of 14.5%, it added.
The company said there were no delays related to the project, with the recent signing of the contract addendum.
Following the successful launch of its Palais Collection, MAISON de SABRÉ has unveiled a new modular handbag system offering more than 720 styling combinations.
Proposed U.S. housing legislation is putting pressure on the build-to-rent sector, with developers pausing projects and billions in investment at risk. A controversial provision requiring rental homes to be sold within seven years is raising concerns over reduced housing supply, as uncertainty pushes investors to reconsider future developments.
4 min
Developer TerraLane Communities was about to start construction on two new housing communities in Arizona and Texas, projects that would create around 300 new single-family homes to rent out.
But before any shovels got in the ground, the Senate passed a bill that severely restricts the build-to-rent business. Uncertain about the industry’s legislative future, investors demanded that TerraLane pause the project. The firm had five other potential build-to-rent deals that it is no longer pursuing.
“These projects are designed specifically for families that can’t afford housing in the community,” said Chief Executive Steve La Terra. “This bill, which is designed to provide more housing, is doing the exact opposite.”
The U.S. Senate passed milestone housing legislation in March by the landslide vote of 89 to 10. The bill includes dozens of different proposals to make it faster and easier to build homes, such as streamlining environmental reviews and cutting regulations for factory-built homes.
But one of the bill’s provisions stopped home builders in their tracks. It would force developers to sell, within seven years of completion, newly constructed homes that they built solely for the purpose of renting.
Developers say that investors won’t put money into new rentals that they can own for only a few years before having to sell them off. Even though the bill isn’t yet law, investors and lenders are scurrying away from simply the threat of this legislation.
Already, at least $3.4 billion of investment for these so-called build-to-rent projects is frozen in place, according to an early survey of 14 build-to-rent firms by Inclusive Abundance and Up for Growth, both housing-policy lobby groups.
That translates to about 10,000 units of housing. And it is likely just a sliver of the impact across the entire build-to-rent industry, which roughly includes more than 1,700 firms, according to John Burns Research & Consulting.
If the Senate’s bill passes in its current form, build-to-rent owners say they will either have to reinvent their businesses or shut down entirely. Many of these firms say they can’t seamlessly pivot to building individual for-sale homes, which are financed, built and sold differently from their current models.
“It’s putting the industry out of business,” La Terra said.
Supporters of the provision say these build-to-rent communities crowd out homes that would otherwise be constructed for families to purchase.
And congressional aides said that during negotiations over this build-to-rent provision, the industry told them that build-to-rent units typically get sold within seven to 10 years anyway.
Republican Sen. Tim Scott of South Carolina and Democratic Sen. Elizabeth Warren of Massachusetts, co-authors of the bill, declined to comment on the industry’s pushback.
The seven-year sale clause is part of a larger proposed ban on large institutional investors buying up single-family homes, which President Trump ordered Congress to codify at the start of this year.
Institutional investors own a small piece of the nation’s overall housing stock. But their presence is more starkly felt in investor hot spots like Atlanta and Phoenix, where home buyers say deep-pocketed corporations are making it difficult for them to compete.
The build-to-rent industry is still relatively young. But these builders have been quickly growing their rental businesses as the cost of homeownership remains out of reach for many Americans. Build-to-rent developers say their properties offer a cheaper option in nice neighborhoods with good schools for families who couldn’t otherwise afford to live there.
House lawmakers passed their own housing package in February, which didn’t include a ban on single-family home investors. Some House members voiced opposition to the Senate’s version and demanded a formal negotiation process. Now the two chambers need to reconcile their bills.
On Wednesday, 76 House representatives, both Democrats and Republicans, signed a letter urging House Speaker Mike Johnson and Minority Leader Hakeem Jeffries to “strip or substantially revise” the seven-year sale provision of the Senate’s bill.
The longer this policy fight drags on, the more drastic measures build-to-rent owners are preparing to take.
“If something isn’t worked out in the next six months, we would have to completely come up with a new business strategy,” said Kelly Whiteley, chief executive of Hancock Builders, a general contractor for build-to-rent projects.
Some are turning rental communities that are midconstruction into for-sale homes that will be sold one at a time, likely to buyers who can afford today’s expensive home prices rather than to more budget-squeezed renters.
Others say that funds they had earmarked for new build-to-rent communities may now go to data-center development instead.
Many build-to-rent tenants would likely be forced to leave their homes if they can’t afford to buy their properties themselves. And converting build-to-rent communities to individual for-sale homes would be an entirely new construction project because these properties are often zoned for multifamily use and share utilities like underground electric wiring and water meters.
“You’d have to dig up the streets,” Whiteley said.
Following the successful launch of its Palais Collection, MAISON de SABRÉ has unveiled a new modular handbag system offering more than 720 styling combinations.
From Idaho to Malibu and Sicily, homeowners are redefining luxury living by bringing nature indoors. Through biophilic design—featuring lush atriums, indoor greenhouses, and tree-filled living spaces—these homes create a seamless connection between interior and environment, offering year-round greenery, serenity, and a lifestyle that blends architecture with living art.
7 min
When Deborah and Bob Bradley moved from their Rancho Sante Fe home in Southern California to McCall, Idaho, Deborah’s one regret was giving up her 5-acre garden. Since long snowy winters precluded recreating her California landscape, she worked with their architect to bring the greenery indoors.
“My garden was my heaven, so we designed an indoor garden visible from every room in the house except the bedrooms,” says Deborah Bradley, 61, a custom jewelry designer. “I decided to make the atrium into a big piece of living art, with a huge mosaic in the middle and plants that change with the seasons and my mood.”
She and her husband, Bob, 75, an entrepreneur, designed their home in 2022 to be the epitome of indoor-outdoor living, with a seamless integration of green space to continue the connection year-round, says Cheri Reeves, a real estate broker with Engel & Voelkers in McCall.
According to research, biophilic home design, which creates a strong connection to the environment via natural light, organic materials, and living plants, reduces stress, improves health, and boosts productivity. Homeowners and their architects are seizing on these benefits, whether it’s a modern glass and wood home that integrates plants and trees throughout the living areas, a glass greenhouse designed for entertaining and relaxation, or a plant-filled atrium like the Bradleys’.
A Living Work of Art
When Bradley designed her indoor garden, it was important to make it easy to maintain yet adaptable to the season.
“Gardening is my hobby, so I love to move and change the plants according to the season or my whim,” Bradley says. “Sometimes I put in lavender for a fragrant garden. At Christmas we put in poinsettias and other times there are orchids or lilies there. Changing the textures and colors is easy to do by just moving plants around in the room. But anyone can just put in the plants and leave them.”
The 100%-controlled environment is maintained at a year-round temperature of 70 degrees. The plants are automatically watered with an irrigation system underneath the room, and there are grow lights to maintain appropriate levels of light for each plant.
“I never get sad during the shorter days of winter because we have extra daylight from the grow lights,” Bradley says. “It’s magical to sit here while it snows outside. This is my sanctuary and serves as a confessional place for intimate conversations, because it’s like sitting
in a garden.”
The glass ceiling can be opened for ventilation to regulate the humidity or temperature, and the atrium has a door to the backyard rather than a fully retractable wall, to control the environment and keep bugs and weeds out, she says.
“The glass doors on the inside of the house can be fully opened to the living room,” Bradley says. “We designed the kitchen so that there are no cabinets to block the view into the atrium. Even in the living room we have a ‘rain chandelier’ that’s transparent, so it doesn’t detract from the atrium.”
Bradley furnished the atrium with a comfortable daybed where she loves to read stories to her grandchildren.
“We made sure this space feels playful, like a fairy-tale room where it’s cozy and everyone can relax,” she says.
Bradley has traveled the world and brought back seeds as souvenirs to plant unusual specimens in her garden, which she calls her “postcards from around the world.”
“The atrium adds a magical element to this house,” Reeves says. “You can ski all day and then come home to be transported to a tropical garden with a koi pond and lilies in the middle of the house.”
The 13,232-square-foot house is listed for sale at $11.95 million.
Ocean Outside and Forest Inside
As if the spectacular Pacific Ocean views outside weren’t enough, architect Edward R. Niles designed a modern Malibu home centered around a dramatic indoor arboretum complete with mature trees. The triangular-shaped house, built in 1980, was owned by Tonight Show host Johnny Carson from 1984 until his death in 2005.
“The story is that Johnny Carson was invited to a party at this house and immediately said he wanted to buy it,” says Chris Cortazzo, a Compass real estate agent. “He paid about $9 million at the time.”
The home, which Cortazzo describes as “Hawaii-esque,” rests on a 4-acre cul-de-sac property on Point Dume overlooking the ocean, islands, and the “Queen’s Necklace,” which refers to the nighttime view of harbor and city lights from Malibu to the Palos Verdes Peninsula. The grounds have 327 feet of ocean frontage, a 2-acre park, tennis courts, fruit-tree orchards, rose gardens, and vegetable gardens, plus 50-year-old trees and a sculpture garden, according to Cortazzo. It’s listed for sale at $110 million.
“The main house is constructed of wood and glass triangles centered around the arboretum, which has stone floors, glass walls, and a 30-foot-high glass ceiling with a lattice of wood slats,” he says. “The arboretum, which functions as the main living room, is an amazing entertaining space, but it’s also a great escape for serenity, with its filtered natural light and all the greenery.”
The living room atrium includes indoor plant beds, trees, and a sunken copper-and-glass fireplace encircled by cushioned seating. Two steps up from the living room is a triangular dining room with ocean and pool views, plus a black marble lounge area with a bar.
The glass walls of the arboretum fully open to a two-tiered koi pond with a waterfall and a terrace for outdoor entertaining and dining overlooking the ocean, Cortazzo says. Beyond the koi pond is a saltwater pool with a waterfall grotto and a hot tub.
“When you open the gates to this property, it’s like you’re entering a park, with the mature trees that are integrated into the interior of the house found all around it,” Cortazzo says. “When you’re there, it’s like you’re in this oasis that you don’t want to leave. This is one of the most iconic properties you’ll ever find in Malibu.”
An Artist’s Colony and Private Residence in Sicily
While there are numerous buildings and features of this 19th-century estate in Sicily, a spacious greenhouse designed for entertaining and living stands at the core of the residence.
“The property was purchased three years ago, driven by the desire to create a true countryside residence: a place capable of hosting many people, large dinners, long evenings, moments of sharing, and above all, a space conceived as a private theater,” says Michele Prado, a real estate agent with Italy Sotheby’s International Realty in Noto Siracusa, Sicily.
“The idea was to imagine a house open to gatherings, able to welcome visiting artist friends passing through Noto,” Prado says. “Over time, the residence has become a natural convergence point for filmmakers, painters, actors, writers, and thinkers, a place where creativity finds both space and continuity.”
In the center of the property is a glass house overlooking a courtyard, which offers a flexible environment for events, exhibitions, or enjoying the timeless atmosphere of the courtyard with a contemporary touch, Prado says.
“The greenhouse represents the heart of the home,” he says. “It’s here that daily life revolves: a space that naturally warms with sunlight in winter and transforms into a vibrant environment in summer, filled with sounds, conversations, and a sense of freedom. The greenhouse invites living in an almost outdoor dimension while remaining protected, offering a feeling of openness that even extends during rainfall.”
Living in a house with a greenhouse means experiencing a direct connection with the outside world while still having the possibility to retreat into a traditional, spacious, and articulated structure with numerous rooms in the rest of the house, Prado says.
“The greenhouse is mainly enjoyed during the day as a central and shared space,” he says. “It can accommodate up to 250 people inside.” The main corridor stretches nearly 100 feet and ends in a room conceived as a small astronomical observatory.
The approximately 11,840-square-foot property, which includes 13 bedrooms and 17 bathrooms, is surrounded by nearly 10 acres of lush grounds. It’s listed for sale at €6.8 million (US$8.13 million).
“At the time of purchase, the property was in a state of deep neglect,” Prado says. Most of the buildings had no roofs, for example.
“The portico, originally intended for prayer, had been converted into storage, while the old stables had been turned into housing for farmers,” he says. “The entire complex had lost its function and dignity, and there was even a carrot factory active in the large square.”
The restored portico can now accommodate up to 600 seated guests, according to Prado.
“A property like this does not belong to the traditional real estate market,” Prado says. “The sale is not a simple negotiation, but the meeting between the house and its next custodian.”
Homes that live like greenhouses are inherently unique, but they offer owners the shared experience of a deep connection to nature and an appreciation for the serenity it can bring.
Following the successful launch of its Palais Collection, MAISON de SABRÉ has unveiled a new modular handbag system offering more than 720 styling combinations.
Riyadh’s office market is entering a more balanced growth phase, with steady occupier demand and high Grade A occupancy levels despite moderating rental increases. Supported by non-oil sector expansion and continued inflows of global companies, the capital remains a key business hub, while upcoming supply is expected to enhance choice without significantly easing demand for prime, well-located assets.
2 min
Riyadh’s office market continues to demonstrate steady underlying momentum, with recent data pointing towards a more balanced phase of growth, according to Savills latest Office Market report for Q1 2026.
While broader economic conditions have moderated slightly, partly reflecting the effects of ongoing regional geopolitical tensions, including disruption to oil export flows through the Strait of Hormuz. Saudi Arabia’s non-oil sector continues to expand, supporting business activity and occupier demand across the capital. Real GDP growth is projected at 2.6% for 2026, with non-oil growth expected to reach 3.6%, reflecting ongoing progress in economic diversification.
Occupier demand remained consistent during the first quarter, with Grade A office occupancy levels holding firm at 98.5%, highlighting continued pressure on prime supply. Leasing activity was supported by a diverse range of sectors, led by BFSI, alongside engineering, manufacturing, TMT (Technology, Media and Telecommunications) and pharmaceutical occupiers.
Demand continues to be driven by smaller office requirements, with units below 1,000 sq m accounting for the majority of enquiries, reflecting a preference for flexible and efficient workspace solutions among occupiers.
At the same time, rental growth has begun to moderate, increasing by 1.0% quarter-on-quarter and 6% year-on-year. Prime rents reached SAR 2,896 per sq m in Zone A (central Olaya/KAFD corridor) and SAR 2,457 per sq m in Zone C (southern district), indicating a shift towards a more measured pace of growth following previous periods of stronger increases, supported in part by the implementation of Riyadh’s five-year rent stabilization policy and softer external conditions stemming from regional geopolitical developments.
Ramzi Darwish, Head of KSA at Savills Middle East, commented, “Riyadh’s office market is continuing to evolve, with occupier demand remaining steady despite a more measured pace of growth. While we are seeing some moderation in rental increases compared to previous periods, underlying activity levels remain consistent, particularly across Grade A assets. This reflects a market that is becoming more balanced, with occupiers placing greater emphasis on quality, location and long-term value.”
This trend is further supported by the implementation of Riyadh’s five-year rent stabilization policy, which has contributed to greater pricing consistency across both residential and commercial assets, enhancing cost visibility for occupiers and supporting longer-term planning.
Riyadh’s growing appeal as a regional business hub continues to underpin demand, supported by sustained inflows of multinational companies. As of early 2026, more than 700 global companies have established regional headquarters in the city, surpassing Vision 2030 targets ahead of schedule.
International interest remains strong, with 80% of leasing enquiries in Q1 originating from US-based companies, reinforcing Riyadh’s positioning as an increasingly attractive destination for global occupiers.
Looking ahead, the market is expected to continue evolving as new supply is delivered, with over 700,000 sq m of Grade A office space anticipated to come online by late 2026, including developments such as Diriyah Gate, Prime Business Resort and Prince Mohammed bin Salman Nonprofit City (Misk).
While additional supply is expected to provide greater choice for occupiers, demand for well-located, high-quality assets is likely to remain a key feature of the market.
Two coming 2027 models – the first of the “Neue Klasse” cars coming to the U.S. early next year – have been revealed.
DIFC’s ambition to become the world’s first AI-native financial center is reinforcing its position as one of Dubai’s most resilient residential hotspots, with strong rental demand, low vacancy and continued interest from high-income professionals. As job creation, infrastructure growth and global business activity accelerate, prime areas around DIFC are expected to maintain stable performance, further supported by limited supply, strong connectivity and a lifestyle-driven appeal that continues to set the district apart.
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Dubai International Financial Centre’s ambition to become the world’s first AI-native financial center is expected to further strengthen its appeal as one of the city’s most strategically important residential locations.
The announcement, which is expected to generate AED 12.9 billion in economic value and create around 25,000 jobs, reinforces DIFC’s position not only as a global business district, but as a long-term demand driver for nearby prime housing. betterhomes says this adds fresh weight to an area that already benefits from limited prime supply, strong professional demand and a level of convenience that continues to set it apart within Dubai’s rental market.
According to the betterhomes’ research team, Q1 2026 saw DIFC’s residential profile remain defined by premium rental positioning, low vacancy and sustained interest from high-income professionals seeking proximity to the city’s financial core.
While new residential stock is expected to place greater pressure on rents in higher-supply apartment corridors this year, prime central locations such as DIFC are following a different pattern. Early 2026 indicators point to relatively stable rental performance, with some forecasts suggesting moderate growth across prime areas.
The wider DIFC area continues to benefit from walkability, Metro access, strong road connectivity and close proximity to Downtown, Sheikh Zayed Road and Jumeirah, reinforcing its appeal among tenants who value convenience, shorter commutes and immediate access to dining, retail and leisure.
Rupert Simmonds, Director of Leasing at betterhomes, said: “DIFC’s AI-native plan adds another layer of long-term relevance to an area that was already one of Dubai’s most established demand drivers. When a district is creating jobs, attracting global business and continuing to evolve its infrastructure, that has a direct impact on the strength and resilience of nearby residential demand.”
He added: “What continues to support this market is the combination of practicality and quality. DIFC offers proximity to business, excellent connectivity and a more seamless day-to-day lifestyle, which is why it continues to stand apart from higher-supply locations elsewhere in the city.”
Many of the most-important events have slipped from our collective memories. But their impacts live on.
The historic Manoir du Mée in Mée-sur-Seine, France, is listed for €2.7 million, once serving as a summer residence for Karl Lagerfeld and a backdrop for Chanel campaigns, before later being owned by Princess Caroline of Monaco—blending rich heritage with classic French elegance.
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Location: Mée-sur-Seine, France
Price: €2.7 million (US$3.1 million)
Designer Karl Lagerfeld used his own mansion in the tiny French village of Mée-sur-Seine for Chanel ads featuring muses Tatjana Patitz and Ines de la Fressange.
Lagerfeld, Chanel’s creative director from 1983 until his death in 2019, bought the property in 1986 “as a summer residence, to get away from Paris, and refurbished it entirely,” said Alexis Feyfant-Ricaud, founder and president of Pyla Paris, the listing agent who put the home up for sale earlier this month.
Notable owners didn’t end with the fashion icon.
He sold the house in 1998 to Princess Caroline of Monaco, who lived there for more than six years, “hosting prestigious receptions and large gatherings,” the Feyfant-Ricaud said. “Karl redid everything in the house, and Caroline redid it again.”
The seller updated the facade and the roof when he bought the property in 2014. “I don’t think there are any more renovations to do, unless they’re aesthetic,” Feyfant-Ricaud said.
Known as Manoir du Mée and set on 1.25 landscaped acres, the 5,400-square-foot mansion was built in 1749. The Fraguier family, nobles who were titled Lords of Le Mée, bought the house in 1877; French film actress Renée St. Cyr acquired it from them, using Manoir du Mée as a weekend home.
The gated property is in the center of the village, “but you can’t fathom how big it is, because it’s so discreet,” Feyfant-Ricaud said. “Typical of the period’s style, the mansion “has a beautiful facade that’s perfectly French, with tall windows, symmetry and a central pediment.”
The interiors have restored Versailles parquet floors, marble fireplaces and “a lot of molding and paneling, especially in the dining rooms and library,” he said. The kitchen is “huge and was designed for people who have servants, which both Karl and Princess Caroline did.” All seven bedrooms, with en suite bathrooms, are upstairs.
“This is a space that has been lived in. It’s not just a trophy property. The French heritage of the architecture is real. Each room has its meaning—you shift through them naturally throughout the day, moving from kitchen to dining room to the game room to the bar, and then maybe to the library,” Feyfant-Ricaud said.
Stats
This 5,400-square-foot mansion, with seven bedrooms and 10 bathrooms, occupies 1.25 landscaped acres.
Amenities
A 2,000-square-foot guest house on the property includes three bedrooms and three bathrooms. The seller used the guest house as an office. “It needs renovation, but it’s quite large,” Feyfant-Ricaud said. The home also has garage parking for nine cars.
Neighborhood Notes
Situated in the department of Seine-et-Marne, the village of Mée-sur-Seine is just 31 miles south of Paris, and about 12 miles north of affluent Fontainebleau. The train trip to Paris Gare de Lyon from Mée-sur-Seine takes about 35 minutes.
“It’s a very strategic location,” Feyfant-Ricaud said. Paris Charles de Gaulle Airport is about 43 miles north.
Agent: Alexis Feyfant-Ricaud, Pyla Paris
Many of the most-important events have slipped from our collective memories. But their impacts live on.
