OMNIYAT Introduces OMNIYAT Bespoke for Ultra-Luxury Living
OMNIYAT Bespoke is a unique concept that addresses a demand for aspirational living that transcends the traditional notions of exclusivity and splendor.
OMNIYAT Bespoke is a unique concept that addresses a demand for aspirational living that transcends the traditional notions of exclusivity and splendor.
OMNIYAT, Dubai’s visionary lifestyle brand for UHNWI’s, is crafting a niche segment in the global ultra-luxury market with the launch of a new concept: OMNIYAT Bespoke. This exclusive category is poised to redefine luxury living on a global scale by allowing owners to define their own criteria and infuse their unique aspirations into every facet of their lifestyle.
With one-of-one creations shaped alongside the world’s finest talent in design and craftsmanship, the launch of the concept also marks the reveal of the latest addition to the OMNIYAT Bespoke real estate collection – the breathtaking Luna Sky Palace at ORLA, Dorchester Collection, Dubai. Spanning 58,476 square feet, this is one of the largest and rarest properties of its kind anywhere in the world.
The concept’s origins began with a vision to redefine market dynamics through groundbreaking projects, spearheaded by OMNIYAT’s inaugural Bespoke creation crowning One at Palm Jumeirah, Dorchester Collection, Dubai. This architectural marvel, created in collaboration with its owners and renowned designers, exemplified the ideal of bespoke living, and became the most valuable residence of its kind in Dubai in 2017.
With each Bespoke creation unveiled since, OMNIYAT fostered an ethos of unparalleled refinement, culminating in the Sky Palace at AVA at Palm Jumeirah, Dorchester Collection, Dubai – the crown jewel of their collection which would become the most expensive ever on Palm Jumeirah upon its sale. These milestones not only surpassed previous benchmarks, but also obliterated sales records, each setting a new height of excellence. In doing so, OMNIYAT marked a paradigm shift in the conception of ultra-luxury real estate, giving rise to OMNIYAT Bespoke as a new division, and a testament to the company’s unwavering commitment to elevating lifestyles above conventional norms.
With the triumph of existing Bespoke properties already brought to life for their owners, the portfolio is poised to expand with the unveiling of more extraordinary creations to come, strategically nestled in the most coveted locations. Among them, the rarest Sky Palaces and a one-of-one mansion will enter the market, starting with the launch of Luna Sky Palace at ORLA, Dorchester Collection Dubai.
The 58,476-square-foot ‘palace in the sky’—Luna Sky Palace—redefines the essence of luxurious living. This expansive residence spans three magnificent levels, crowned by a 13,500-square-foot sky garden rooftop featuring a breathtaking 36-meter infinity pool. Luna Sky Palace is graced with private lobby lounges at both the ground and basement levels, setting an exclusive tone from the moment of arrival. Tailored for an owner who values both privacy and luxury, the palace offers an array of bespoke features, from a private office for personal assistants to an exclusive wellness spa complete with a fitness suite, salon, treatment rooms, steam and sauna spaces, and serene relaxation areas. Additionally, a private garage accommodating up to 10 cars ensures that every element of the owner’s lifestyle is meticulously considered.
The Luna Sky Palace at ORLA, Dorchester Collection, Dubai, represents yet another jewel in the crown of OMNIYAT Bespoke, which reigns as the height of luxury and premium living in the region, a portfolio never before seen globally.
Mahdi Amjad, Founder & Executive Chairman at OMNIYAT, commented: “OMNIYAT Bespoke is about bringing dreams to life—offering rare, one-of-one creations that embody the deepest aspirations of our clients. We aspire to inspire, empowering individuals to shape surroundings that not only reflect their vision but elevate their lifestyle to something extraordinary. It’s about crafting a legacy of moments, emotions, and experiences that resonate deeply and uniquely with each person—a true expression of luxury that goes beyond any single creation, becoming an enduring part of their lives.”
Dubai is witnessing a new era of exceptional and unique experiences emerging within its ultra-luxury market, as the emirate continues to experience rising economic growth and reasserts its position as a global destination. This major transformation has led to the demand for personal and ultra-rare lifestyles, which OMNIYAT is committed to lead — building on its legacy of ultra-luxury real estate excellence – with OMNIYAT Bespoke.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
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
Paragon Developments, Egypt’s top mixed-use developer, has opened its first regional office in Saudi Arabia, marking its expansion plan to the MENA region and identify growth opportunities in the Gulf countries.
Paragon Developments, Egypt’s leading regenerative mixed-use developer, has inaugurated its first regional office in Saudi Arabia, according to a press release.
Located in Riyadh, the development scheme aligns with the company’s commitment to expand its footprint in the MENA region, while identifying growth opportunities across the Gulf countries and beyond Egypt.
The announcement coincides with Paragon’s participation in the Nile Expo Real Estate Exhibition, reinforcing its commitment to fostering partnerships within the real estate sector.
Mohamed Bedeir, Chairman of Paragon Developments, commented: “Building on the success of PARAGON 1, PARAGON 2, and PARAGON 3 in Egypt, and our distinctive approach to interconnected mixed-use developments, PARAGON is set to deliver 360,000 sqm of mixed-use facilities in Saudi Arabia.
“Our first regional office signifies a crucial step in our commitment to seamlessly blend lifestyle, culture, well-being, business, and hospitality,” Bedeir added.
Bedeir Rizk, CEO of Paragon Developments, stated: “At PARAGON, we are planning to develop and manage 200,000 sqm of office space by 2027, with a target of 500,000 sqm by 2030 across key cities like Riyadh and Jeddah.”
He noted: “This office expansion is more than just a growth milestone; it marks the beginning of a broader journey to actively contribute to a more holistic and regenerative future across the region as we also continue to explore opportunities in other dynamic markets.”
Ahmed Shaarawy, Commercial Vice President at Paragon Developments, commented: “Our participation in Nile Expo in Saudi Arabia comes at a pivotal moment for PARAGON, as we establish our regional presence and introduce our regenerative development model to a broader Gulf audience.”
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
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
Dubai’s Amirah Developments and Shine Square Building Contracting are collaborating on Bonds Avenue Residences, a residential project on Dubai Islands set to be completed by Q1 2027.
Amirah Developments, one of Dubai’s leading real estate developers, has signed up Shine Square Building Contracting for its maiden project – Bonds Avenue Residences – that will be constructed on Dubai Islands, a new waterfront mixed-use community.
The residential project, located in one of Dubai’s promising urban corridors, will offer a carefully curated mix of contemporary apartments, landscaped courtyards, leisure amenities and community facilities, all designed with the modern family and urban professional in mind.
Smart home integrations, energy-efficient systems, and pedestrian-friendly design principles will echo the sustainable ethos that made Bonds Avenue a model for eco-conscious living, it stated.
Bonds Avenue Residences will redefine beachfront luxury with its architectural innovation and commitment to sustainable living, said the developer.
For the project, Amirah has roped in Al Gafry Consulting Architects Engineers to oversee the construction work, it stated. As the main contractor, Shine Square Building Contracting will be delivering Amirah’s signature project on Dubai Islands, within a two-year period. The contract signing takes place within a month of the launch of the Bonds Avenue Residences, reflecting the developer’s commitment to deliver it on time and with the best quality that money can buy, said senior officials at the signing ceremony.
“Today’s ceremony is not just about signing a contract; it is a celebration of shared values and a unified vision for what urban living in Dubai can and should be,” remarked Muhammad Yousuf Jafrani, Founder and Chairman of Amirah Developments after signing the deal with Chirag Pati Gupta, the Managing Director of Shine Square Building Contracting.
The agreement was inked in the presence of senior executives, project managers, consultants and key stakeholders.
“This new partnership with Shine Square and Al Gafry builds on that legacy. It is a proud moment for everyone at Amirah Developments, and a promise to our clients that we will continue to set new benchmarks for quality and timely delivery,” stated Jafrani.
In line with its vision to deliver projects that stand the test of time, Amirah Developments has laid out a comprehensive construction and delivery timeline for the new community.
Enabling works will commence immediately following today’s signing, with full-scale construction planned for later this year. The project is on track for completion by the first quarter of 2027, it stated.
With Bonds Avenue Residences units being sold and the transaction level expected to jump in the second quarter, Amirah Developments is well-positioned to meet the city’s evolving demand for thoughtfully planned, high-quality living spaces.
In addition to superior build quality, the project will offer flexible investor-friendly payment plans, echoing the successful financial models that supported Bonds Avenue Residence’s market reception., said the Emirati developer.
This approach aligns with Amirah’s philosophy of creating accessible luxury that balances aspirational living with sound investment value, it added.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Interior designer Thomas Hamel on where it goes wrong in so many homes.
Dubai’s RTA and Emaar Properties are planning to expand Burj Khalifa/Dubai Mall Metro Station to accommodate growing passenger demand, particularly during New Year’s Eve, public holidays, and national events. The expansion will increase the station’s area and hourly capacity, serving up to 220,000 passengers daily.
Dubai’s Roads and Transport Authority (RTA), in collaboration with Emaar Properties, has announced the expansion of Burj Khalifa/Dubai Mall Metro Station to accommodate growing passenger demand, particularly during New Year’s Eve, public holidays, and national events and holidays. The project expands the station’s area from 6,700 to 8,500 square meters, increasing its hourly capacity from 7,250 to 12,320 passengers, registering 65% rise. Once complete, the station will serve up to 220,000 passengers per day.
Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority said: “The Burj Khalifa/Dubai Mall Metro Station is a key hub in the Dubai Metro network, thanks to its strategic location near Burj Khalifa, Dubai Mall, and Dubai Downtown. It serves as a convenient and efficient gateway for residents and visitors, particularly during large-scale events and holidays, particularly New Year’s Eve, Eids, national events and public holidays.”
“This expansion project responds to sustained and rising demand for metro services, with projections extending to 2040. Passenger numbers during New Year’s Eve exceed 110,000, and the station has recorded an average annual rider-ship growth of 7.5% over the past five years,” he stated.
Al Tayer added: “Since its opening in early 2010, Burj Khalifa/Dubai Mall Metro Station has experienced consistent growth in usage. Passenger numbers rose from 6.13 million in 2013 to 7.254 million in 2016, reaching 7.885 million in 2019, averaging 43,000 boarding and alighting daily.”
“In 2022, the figure climbed to 8.827 million, surpassed 10.202 million in 2023 (56,000 daily average), and exceeded 10.577 million in 2024, with nearly 58,000 daily boarding and alighting,” he revealed.
He explained that, in addition to the planned expansion of the station’s area from 6,700 to 8,500 square meters, the project included provisions for enhancing entrances and pedestrian bridges to facilitate access, expanding concourse and platform areas, installing additional escalators and elevators, and separating entry and exit gates to optimize passenger movement. It also included increasing the number of fare gates and expanding commercial spaces to boost revenue. Further elements included integration with public transport and other mobility modes, along with landscaping enhancements.
The architectural design of Burj Khalifa/Dubai Mall Metro Station follows the same concept applied to elevated stations on the Red and Green Lines of Dubai Metro. Inspired by the shape of a seashell, the station maintains an interior design philosophy that prioritizes safety, security, and ease of movement.
It emphasizes clarity and simplicity while reducing walking distances wherever possible. The internal layout preserves visual connectivity, and ground-level entrances are seamlessly integrated with public transport and alternative mobility options such as bicycles and e-scooters. The station also offers direct pedestrian access and smooth integration with the surrounding urban environment.
It is designed to be fully inclusive, considering the needs of People of Determination, senior citizens, residents, and parents with strollers.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Following the devastation of recent flooding, experts are urging government intervention to drive the cessation of building in areas at risk.
Aldar Development sold Abu Dhabi’s Fahid Beach Residences and The Beach House, generating over AED3.5 billion in sales, attracting a diverse buyer pool of 67% expatriates and overseas buyers.
Aldar today announced it has generated over AED3.5 billion in sales at Fahid Beach Residences and The Beach House, the island’s first residential developments released during launch week.
The Fahid Island homes attracted a diverse pool of buyers, drawn by the island’s position as Abu Dhabi’s first coastal wellness destination, the waterfront lifestyle, and proximity to super-premium education at Kings College School Wimbledon which sits within the wider wellness inspired masterplan.
Expatriate residents and overseas buyers account for 67% of total sales, with buyers from the UAE, Russia, the UK, and China making up the top nationalities by sales volume. This strong local and international interest underscores Fahid Island’s emerging global profile as a premier lifestyle destination where wellness meets culture, nature, and community.
42% of buyers are under the age of 45, signalling growing demand for luxury wellness-focused living among younger demographics. Notably, 67% of buyers are first-time Aldar customers, demonstrating Aldar’s expansive reach and the appeal of the Group’s thoughtfully curated destinations.
Jonathan Emery, Chief Executive Officer at Aldar Development, said, “The highly anticipated launch of Fahid Island has resulted in the first homes released generating more than AED3.5 billion – and serves as a powerful validation of our vision to place wellness at the heart of community living. The success reflects Abu Dhabi’s position as one of the world’s most desirable investment and lifestyle destinations and we are expecting continued interest in Fahid Island as Abu Dhabi’s first wellness island builds its profile on the global stage.”
In response to the overwhelming demand for Fahid Beach Residences, Aldar accelerated the launch of Fahid Island’s second residential offering, The Beach House during launch week and sales progress continues at pace. Comprised of 11 elegantly designed towers offering a collection of studios to 3-bedroom + maid apartments, the new development draws on its coastal surroundings and is thoughtfully crafted to evoke a sense of calm, lightness, and relaxed sophistication.
Residents benefit from exquisite interiors and breathtaking views of the sea and Abu Dhabi skyline, as well as a state-of-the-art amenities and facilities, direct shoreline access, and seamless connectivity to Coral Drive, the island’s boutique retail boulevard.
With further residential launches planned, Aldar will continue to deliver on its vision to transform Fahid Island into a vibrant, wellness-focused destination that redefines coastal living in the region.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Devmark has launched Résidences Du Port, Autograph Collection Residences in Dubai Marina, a 74-bedroom project developed by Prime Marina Property Developers LLC and FIM Partners, featuring a blend of Riviera-inspired design and curated lifestyle experiences.
Devmark, the UAE’s leading real estate project sales and marketing consultancy, proudly announces the launch of Résidences Du Port, Autograph Collection Residences, a landmark new residential address in the heart of Dubai Marina. The project is developed by Prime Marina Property Developers LLC, a developer associated with fund manager FIM Partners, a leading investment management firm with over USD 4 billion in assets under management and a strong track record in real estate investment and development. Exclusively brought to market by Devmark, Résidences Du Port also marks the debut of Autograph Collection Residences, a brand by Marriott International, in Dubai.
Thoughtfully positioned on the Marina waterfront, the project introduces a rare collection of 74 boutique branded residences that blend timeless Riviera-inspired design with curated lifestyle experiences. Offering expansive views, refined interiors, world-class hospitality, and a wide range of curated amenities, Résidences Du Port delivers a fresh perspective on elegant coastal living in one of Dubai’s most iconic neighborhoods.
As the demand for premium waterfront addresses continues to grow, Résidences Du Port stands out not only for its design and brand affiliation, but also as a compelling example of strategic redevelopment. The project is a full transformation of the former Nuran Hotel & Apartments — a prominent site in Dubai Marina now being reimagined into a residential sanctuary. With prime land in premium established areas becoming increasingly scarce, this infill development presents a rare opportunity for buyers to own in a location that has become impossible to replicate.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
RAK Properties has launched Solera, a 451-unit apartment community in Ras Al Khaimah’s Downtown Mina district. The project, anchored by a shared podium, features six integrated residential communities and lifestyle amenities like a 40m lap pool, kids’ pool, and Solera Flame Pavilion. The NOOK, a social lounge and co-working space, caters to the mobile workforce.
RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, today announced the launch of Solera, a vibrant new apartment community set to define the new downtown rhythm of its flagship waterfront destination, Mina.
Located on Raha Island, Solera marks an exciting first chapter of the highly anticipated Downtown Mina district. Comprising 451 units across three architecturally distinct buildings anchored by a shared podium, Solera is the inaugural community within RAK Properties’ ambitious new district.
Upon completion, Downtown Mina will feature six integrated residential communities, offering unparalleled proximity to the wider Mina master plan’s amenities. Ideally located alongside multiple dedicated retail and F&B destinations, this urban hub has ready access to an array of lushly landscaped parks, covered walkways, and dynamic community spaces.
Apartments in Solera, ranging from 386 to 3,104 sqft and with prices starting from AED 768,000, are complemented by an extensive array of lifestyle amenities designed for contemporary living. Residents will enjoy a stunning 40m infinity-edge lap pool, a dedicated kids’ pool and splash pad, and the unique Solera Flame Pavilion – an outdoor gathering space equipped with a BBQ kitchen for the ultimate in al fresco dining.
Solera residents will also benefit from an inspirational sculptural garden, a telescope corner for unmatched daytime and nighttime vistas, a relaxing hammock garden, a skateboard park, and a state-of-the-art gym. In addition, specifically catering to the needs of today’s increasingly mobile workforce, The NOOK, a dedicated social lounge and co-working space, will offer an ideal environment for entrepreneurs and professionals to connect, share ideas, and grow their businesses.
Sameh Muhtadi, Chief Executive Officer of RAK Properties, commented: “We are proud to launch Solera, the first chapter in the Downtown Mina story. With Solera, we are adding diversity to our product mix and creating new neighborhoods that add to Mina’s overall character. As we continue to pursue the luxury segment elsewhere in our portfolio, Solera and Downtown Mina bring a whole new vibe to Ras Al Khaimah. Younger, edgier, and designed to appeal to work-from-anywhere professionals and entrepreneurs, Solera will contribute to the changing narrative around the Emirate as more and more investors see its real estate market appeal.
Muhtadi continued: “As we reach the midpoint of our twentieth anniversary year, RAK Properties is making good progress with its 2025 product launch pipeline, a period in which we have launched Mirasol, SKAI, Anantara Mina Ras Al Khaimah Residences, and ENTA in partnership with Hive and A.R.M Holding. This is also a year in which we are focusing on delivery – with over 3,000 homes under construction, we are targeting the handover of more than 800 to customers this year. As attention continues to focus on the future opening of the Wynn Resort, we are well placed to deliver more homes in RAK before Q1 2027 than any other developer operating in the Emirate. This will ensure that investors see immediate gains from the introduction of this major resort.”
Sales for Solera commence from 10am on Saturday, 21st June, at the Mandarin Oriental Jumeirah, Dubai.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Alef, a Sharjah-based real estate developer, has launched Hamsa 3, the final residential phase of Al Mamsha Raseel, spanning 48,000 sqm and featuring 131 contemporary apartments.
Alef, the leading real estate developer in the Emirate of Sharjah, has launched Hamsa 3, the final residential phase of Al Mamsha Raseel within its flagship mixed-use development.
Hamsa 3 is part of the Al Mamsha Raseel master plan, spanning over 48,000 sqm, with more than 65% dedicated to green open spaces. This reflects Alef’s commitment to sustainable urban living and supports UAE Vision 2031, the Green Agenda 2030, and Net Zero 2050.
Alef Company stated that Hamsa 3 represents the natural evolution of our residential offering, delivering a sophisticated urban lifestyle with unparalleled access to education, healthcare and retail facilities.
This launch stands as a testament to our resolute commitment to delivering premium developments that surpass the expectations of today’s discerning residents and investors in Sharjah.
Hamsa 3 comprises 131 contemporary apartments, offering prospective investors a choice of one, two and three-bedroom homes.
The development prioritises resident comfort and convenience through carefully planned amenities. These include covered pedestrian walkways providing shade and protection, tranquil water features creating a serene atmosphere, state-of-the-art security systems and energy-efficient lighting throughout the community.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Oman is inviting bids for the Al Jabal Al Aali project, a $3 billion mountain resort in Jabal Al-Akhdar. The mixed-use residential, hospitality, and wellness district will feature 2,500 homes, 2,000 hotel rooms, a health hub, biodiversity, and sports facilities.
Oman has invited bids for a landmark mountain resort in Jabal Al-Akhdar, the country’s highest summit, at a cost of around 1.2 billion Omani rials ($3 billion).
The Ministry of Housing and Urban Planning has invited qualified international consultancy firms to bid for the master planning and detailed engineering design of the project, newspapers in the Gulf sultanate reported at the weekend.
Known as the Al Jabal Al Aali project, or the Omani Mountain Destination, the development is envisioned as a mixed-use residential, hospitality, and wellness district spanning an 11.8 square kilometers site atop Al Jabal Al Akhdar in Al Dakhiliya Governorate.
Part of a prestigious portfolio of sustainable cities promoted by the Ministry, Al Jabal Al Aali will feature more than 2,500 homes, 2,000 hotel rooms, a health and wellness hub, as well as biodiversity and sports facilities.
In addition to the overall master plan, the selected consultant will be responsible for the comprehensive infrastructure design, including planning, architecture, engineering, and tender preparation and award for major infrastructure and building components.
A key highlight of the development is the Western Wellness Village, an integrated health and ecotourism cluster featuring approximately 500 residential and hotel units backed by RO200 million ($520 million) in investments.
Spanning 630,000 square meters (sqm), the village will underscore the project’s appeal as a premier wellness destination. Al Jabal Al Aali is expected to host a population of around 10,000 residents.
The project forms part of Oman’s broader urban development vision, which aims to attract billions of Omani rials in investment over the next decade across a suite of integrated tourism and residential projects.
Submission of bids for the Al Jabal Al Aali tender close on 10 July 2025, the report said.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Madinet Masr and Waheej for Real Estate have signed a MoU to establish a joint real estate development company in Saudi Arabia, aligning with Saudi Vision 2030.
Madinet Masr inked a memorandum of understanding (MoU) with Waheej for Real Estate to explore creating a joint real estate development company in Saudi Arabia, according to a press release.
The deal aligns with Madinet Masr’s goals to strengthen its footprint in the Saudi real estate market, expand regionally, and explore new investment opportunities.
Madinet Mast will team up with Waheej, a licensed Saudi real estate developer, to exchange technical and financial expertise to establish residential, commercial, and administrative projects in the Kingdom.
This initiative comes within the framework of Saudi Vision 2030, supporting homeownership opportunities and enhancing quality of life for both citizens and residents.
Abdallah Sallam, President and CEO of Madinet Masr, said: “This partnership marks an important milestone in our expansion strategy across regional markets-particularly in Saudi Arabia, which is witnessing remarkable urban and economic growth.”
On his part, Rashid Saud Al-Jadoua, CEO of Waheej for Real Estate, commented: “Through this collaboration, we aim to exchange knowledge and deliver impactful projects that support the housing sector and contribute to the Kingdom’s broader development objectives.”
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Dubai’s Land Department successfully funded its second tokenized project on the ‘PRYPCO Mint’ platform in just one minute and 58 seconds, attracting 149 investors from 35 countries. This success reflects the increasing interest in digital real estate ownership solutions in the emirate. The platform, accredited under Dubai Land Department’s Property Tokenization Initiative, is expected to become a central part of Dubai’s property market by 2033.
In a landmark move that reinforces Dubai’s leadership in the real estate sector, Dubai Land Department announced that its second tokenized project on the ‘PRYPCO Mint’ platform was fully funded in a record-breaking one minute and 58 seconds, attracting 149 investors from 35 nationalities.
This unprecedented demand pushed the waiting list to over 10,700 investors, reflecting rising confidence and strong interest in digital real estate ownership solutions across the emirate.
This ongoing success underscores the effectiveness of the platform, which is officially accredited under Dubai Land Department’s Property Tokenization Initiative. By enabling investors to purchase shares in ready properties through seamless and cost-effective mechanisms, PRYPCO Mint is setting new standards for market accessibility.
As the platform expands its projects and partnerships, it is helping to shape a future where tokenized assets are expected to become a central part of Dubai’s property market by 2033.
Amid this momentum, Dubai Land Department invites interested individuals to register early and set up their accounts to take advantage of upcoming offerings before they sell out, unlocking investment opportunities in one of the world’s most dynamic and innovative real estate destinations.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Unique Properties, a UAE-based real estate agency, has partnered with AI Realtor to invest $20 million over two years to develop next-generation technologies in the real estate sector. The partnership aims to enhance agents’ performance by providing real-time insights, predictive analytics, and intelligent automation, enhancing the property experience.
Unique Properties, one of the UAE’s most prominent real estate agencies, has announced a landmark joint venture with AIR (AI Realtor), an AI-native proptech innovator. As part of the agreement, Unique Properties will invest USD 20 million into AIR over the next two years to fuel the development and deployment of next-generation technologies in the real estate space.
The partnership marks a bold leap forward for the region’s property sector, blending years of market leadership with cutting-edge artificial intelligence to reshape how real estate is bought, sold, and experienced.
This strategic alliance comes as the UAE cements its position as a global leader in real estate innovation. Progressive government policies and a world-class digital ecosystem have created ideal conditions for meaningful disruption, particularly in the brokerage space.
Where many global markets are still grappling with outdated infrastructure and data silos, the UAE has taken decisive steps to unlock the full potential of digital transformation. The deregulation of the brokerage sector has ushered in a more competitive landscape; full public access to real estate data has empowered both professionals and consumers; and, most notably, the government has succeeded in fully digitizing the property transaction process, from initial search to final ownership transfer.
Against this backdrop, the partnership between Unique Properties and AIR could not be timelier.
Rather than replacing real estate agents, AIR’s proprietary technology is designed to enhance them. By providing real-time insights, predictive analytics, and intelligent automation, the platform enables agents to perform at a higher level, closing more deals, managing their time more effectively, and offering their clients a superior, data-led service. In turn, clients benefit from a more transparent, trusted, and personalized property journey.
Unique Properties brings to the table a scale of operations, depth of market understanding, and a longstanding reputation that few others can rival. AIR, on the other hand, introduces an entirely new paradigm, where human expertise is augmented by artificial intelligence to elevate every aspect of the transaction.
Speaking about the joint venture, Arash Jalili, CEO of Unique Properties, said: “We’ve always been at the forefront of the UAE real estate market, driven by a commitment to excellence and innovation. This joint venture marks the beginning of a new era, where technology and human insight come together to elevate the property experience. Partnering with AIR allows us to stay ahead of the curve, setting new benchmarks for how real estate is transacted, advised, and experienced in this region.”
Milad Monshipour, Founder & CEO of AIR, added: “This is the first time the world will see a fully AI-native real estate platform developed in partnership with one of the most established brokerages in the region. It’s an innovation born in the UAE, but its impact will be felt far beyond it.”
Together, Unique Properties and AIR are set to usher in a new era for real estate in the UAE, one where technology doesn’t just support the industry, it propels it forward.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
The MoHRE has urged private sector companies with 50 or more workers to meet Emiratisation targets for the first half of 2025 before June to avoid July financial contributions. They also emphasized the benefits of Emiratisation and the Nafis program.
The Ministry of Human Resources & Emiratisation (MoHRE) has renewed its call to private sector companies employing 50 or more workers to expedite meeting their Emiratisation targets for the first half of 2025 before the end of June. This is to avoid financial contributions that will be imposed in July on companies that fail to meet the required targets.
The targets include achieving a 1% growth in the number of Emiratis employed in skilled positions relative to the total skilled workforce at the company, while maintaining previous Emiratisation rates.
MoHRE has urged Emirati citizens to report any violations and negative practices that contradict the country’s Emiratization policies by contacting the call center on 600590000 or through the Ministry’s smart app and official website.
It reaffirmed its confidence in both private sector companies and job-seeking nationals’ awareness of the strategic and national benefits, as well as the positive impact of Emiratization on enhancing the competitiveness of the country’s work environment and supporting its economic growth.
The Ministry also underlined its ongoing support for compliant companies through the benefits provided by the Nafis program, and the additional advantages it offers to companies achieving exceptional Emiratisation by granting them membership in the Tawteen Partners Club, which entitles them to financial discounts of up to 80% on the Ministry of Human Resources and Emiratization’s service fees, and prioritizing them in the government procurement system, thereby boosting their business growth opportunities.
MoHRE highlighted the significant support provided by the Nafis platform in facilitating companies to fulfil their obligations, adding that the platform has a rich pool of qualified Emirati talents. It praised the private sector’s engagement with Emiratisation policies and the companies’ commitment to meeting the required targets, which has positively reflected on the national mandate, achieving unprecedented results.
By the end of May, over 141,000 Emiratis were employed across 28,000 private sector companies.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Alexandre de Betak and his wife are focusing on their most personal project yet.
Devmark has launched Résidences Du Port, Autograph Collection Residences in Dubai Marina, marking the debut of Marriott International’s Autograph Collection Residences brand. The 74 boutique-branded residences offer a blend of Riviera-inspired design and curated lifestyle experiences.
Devmark, the UAE’s leading real estate project sales and marketing consultancy, proudly announces the launch of Résidences Du Port, Autograph Collection Residences, a landmark new residential address in the heart of Dubai Marina. The project is developed by Prime Marina Property Developers LLC, a developer associated with fund manager FIM Partners, a leading investment management firm with over USD 4 billion in assets under management and a strong track record in real estate investment and development. Exclusively brought to market by Devmark, Résidences Du Port also marks the debut of Autograph Collection Residences, a brand by Marriott International, in Dubai.
Thoughtfully positioned on the Marina waterfront, the project introduces a rare collection of 74 boutique branded residences that blend timeless Riviera-inspired design with curated lifestyle experiences. Offering expansive views, refined interiors, world-class hospitality, and a wide range of curated amenities, Résidences Du Port delivers a fresh perspective on elegant coastal living in one of Dubai’s most iconic neighborhoods.
As the demand for premium waterfront addresses continues to grow, Résidences Du Port stands out not only for its design and brand affiliation, but also as a compelling example of strategic redevelopment. The project is a full transformation of the former Nuran Hotel & Apartments — a prominent site in Dubai Marina now being reimagined into a residential sanctuary. With prime land in premium established areas becoming increasingly scarce, this infill development presents a rare opportunity for buyers to own in a location that has become impossible to replicate.
At Résidences Du Port, the gentle rhythm of waves becomes part of everyday life. Set along the marina’s sparkling waterfront, this boutique residential retreat captures the effortless spirit of the South of France and Monaco, blending it with Dubai’s cosmopolitan energy. From sun-drenched terraces where mornings unfold over endless horizons, to tranquil waterfront promenades that invite evening strolls, every moment is designed for serene, elevated living.
Each residence is crafted with meticulous attention to detail, offering expansive layouts framed by floor-to-ceiling windows, natural light-flooded interiors, and seamless transitions between indoor and outdoor spaces. Designed by the award-winning LW Design studio, the aesthetic combines elegant herringbone wood flooring, refined stone finishes, and bespoke craftsmanship, evoking the timeless elegance of classic yacht design with a contemporary twist.
Situated In a prime location within the vibrant Dubai Marina, Résidences Du Port is more than a prestigious address — it is a gateway to the best of Dubai living. Residents enjoy immediate access to the bustling Marina promenade, boutique shopping, fine dining, and the nearby beaches of Jumeirah. The development also boasts proximity to iconic landmarks such as Palm Jumeirah, Downtown Dubai, and the Burj Al Arab, offering an ideal balance between urban energy and tranquil coastal retreat.
With direct connectivity to Sheikh Zayed Road and Dubai Metro, the residences offer seamless access to the city’s cultural, commercial, and entertainment hubs, making everyday living both convenient and inspiring. Whether setting out for a morning round at Emirates Golf Club, a sunset dinner at Bluewaters Island, or a weekend escape to Downtown, every destination is within effortless reach.
This transformation of a well-known address speaks to a growing trend in Dubai’s real estate market — one that sees high-potential sites being revitalized to meet the expectations of today’s discerning homeowners. Résidences Du Port captures both the legacy of its setting and the future of luxury urban living.
Crafted for discerning homeowners who appreciate understated luxury, Résidences Du Port offers an intimate collection of residences ranging from one to three-bedroom apartments, three-bedroom duplexes with private jacuzzis, four-bedroom triplexes featuring dedicated cinema rooms and game lounges, and two exclusive penthouses commanding the Marina skyline.
Each home is a statement of refinement, with interiors that blend timeless Riviera aesthetics with contemporary sophistication. Expansive living spaces are enhanced by bespoke finishes, chic custom-designed kitchens with high-end Smeg appliances, and spa-inspired bathrooms featuring elegant Gessi fittings and natural porcelain stone. Private terraces frame sweeping views of the Marina, transforming every sunrise and sunset into a personal masterpiece.
At Résidences Du Port, luxury extends far beyond the front door. Residents are welcomed into a boutique-inspired grand lobby — an elegant homage to classic Mediterranean residences — and enjoy exclusive access to an array of amenities designed for relaxation, recreation, and well-being.
A beach club-inspired pool deck with sun-kissed terraces invites moments of leisure by the water’s edge, while a state-of-the-art wellness studio with yoga rooms, a spa, and a cold plunge pool offers a complete retreat for rejuvenation. A sophisticated residents’ lounge, private cinema, boardroom for discreet meetings, co-working café, golf simulator, and a family-friendly crèche ensure that every aspect of modern living is effortlessly catered to.
Residents also benefit from personalised services curated to enhance daily life, including 24-hour concierge, valet, housekeeping, move-in coordination, pet care, and a full suite of à la carte offerings — from in-home spa treatments and childcare to event planning and personal training.
Adding further distinction to ownership at Résidences Du Port, residents are granted Gold Elite Status with Marriott Bonvoy™, the world’s leading travel loyalty program. This privilege unlocks access to a global network of over 7,000 hotels and resorts across 130 countries, alongside preferred rates, curated lifestyle experiences, and wellness benefits — creating a truly elevated living experience that extends far beyond home.
Rooted in the fine art of hospitality, the offering ensures that every day at Résidences Du Port feels effortless, curated, and truly extraordinary.
Fares Bou Atme of Prime Marina Property Developers, commented: “With Résidences Du Port, we are proud to deliver a project that combines boutique understated luxury with Dubai’s cosmopolitan energy. This launch represents a defining moment for Dubai Marina and branded living in the region. Our strategic collaboration with Devmark and Marriott International has been instrumental to realizing this vision.”
Richard Aybar, Managing Director of Devmark, said: “Résidences Du Port is a truly distinctive project that speaks to discerning buyers seeking sophistication, intimacy, and waterfront prestige. As demand for boutique branded residences continues to grow — and opportunities for prime land become increasingly limited — transformative infill developments like this present a compelling path forward. With its Riviera-inspired design, curated amenities, and brand-backed services, Résidences Du Port offers not only an exceptional lifestyle experience, but also a rare investment opportunity in one of Dubai’s most iconic waterfront settings.”
Jaidev Menezes, Regional Vice President – Mixed-Use Development, EMEA at Marriott International said: “We are proud to collaborate with FIM Prime Marina Holding Ltd. bringing Marriott International’s debut Autograph Collection Residence in Dubai and the UAE. This standalone development offers a rare and remarkable opportunity to own a branded home and prime real estate in Dubai Marina. True to the Autograph Collection brand ethos of ‘Exactly Like Nothing Else’, Résidences Du Port comes with its unique design narrative made richer with an array of luxurious amenities and renowned services by Marriott.”
A fully furnished show apartment is now open at the Devmark Gallery, offering buyers an opportunity to explore the development’s design language and living experience firsthand. Scheduled for handover in Q2 2026, Résidences Du Port is now available for private sales through Devmark. An exclusive opportunity awaits discerning homeowners to be part of Dubai Marina’s next iconic chapter.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
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Dubai’s TownX has partnered with Knight Frank to lease over 20,000 square feet of retail space at Luma Park Views, Jumeirah Village Circle. The development includes car parking and EV charging stations, reflecting TownX’s commitment to quality, sustainability, and user experience.
TownX, one of Dubai’s fastest-growing real estate developers with an AED 4 billion project portfolio, has signed an exclusive agreement with global real estate consultancy Knight Frank to lease over 20,000 square feet of prime retail space at Luma Park Views, located in Jumeirah Village Circle (JVC), Dubai.
Knight Frank will serve as the exclusive leasing partner for the entire retail component of this development.
Luma Park Views boasts modern retail spaces designed to meet the demands of today’s market, featuring dedicated car parking and electric vehicle (EV) charging stations—amenities that underscore the development’s commitment to convenience and sustainability.
Haider Abduljabbar, Executive Director of TownX, commented: “Partnering with Knight Frank for the exclusive leasing of retail space at Luma Park Views is a significant step in our vision to deliver integrated, community-focused developments. Our commitment to quality, sustainability, and user experience is reflected not only in our retail offerings but also in our broader project portfolio, including our recent Arjan acquisition which will further enrich Dubai’s evolving real estate landscape.”
TownX is also set to offer a premium retail space exceeding 30,000 square feet at 11 Hills Park, a landmark development situated in the heart of Dubai Science Park. The project boasts two sky pools, two state-of-the-art gyms, and 558 residential units, with completion anticipated in Q1 2027.
TownX has recently made headlines with its acquisition of one of Arjan’s largest land plots, valued at AED 110 million, covering 400,000 square feet of sellable area. This move highlights TownX’s ambitious growth strategy and its dedication to creating high-quality residential communities beyond Dubai’s traditional prime locations.
Daniel Rosso, Senior Manager – Retail Commercial Agency, Knight Frank, said: “Our exclusive partnership with TownX reinforces Knight Frank’s commitment to providing exceptional retail leasing solutions in Dubai’s rapidly expanding communities. Luma Park Views offers a strategic location with cutting-edge facilities that cater to evolving retail needs, and we are excited to bring quality tenants to this new destination.”
Founded in 2017, TownX has so far delivered over 967 units and is currently developing 2,125 apartments, including projects like Easy18, Easy19, Luma21, and Luma22 in JVC, as well as 11 Hills Park at Dubai Science Park.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
QUBE Development has partnered with The Lux Collective to launch a luxury residential project in Dubai, set to be completed in 2028. The project will combine sustainable real estate with world-class hospitality, aiming to redefine luxury living in the Middle East region. The partnership aligns with QUBE Development’s global growth strategy.
QUBE Development has announced a strategic partnership with The Lux Collective, the globally recognized hospitality group behind its flagship brand, LUX*. This collaboration marks the Middle East debut of LUX* branded residences through the exclusive launch of a new luxury residential project scheduled to be completed in 2028.
This partnership unites two industry visionaries, QUBE Development and The Lux Collective, both renowned for their commitment to design excellence, innovation, and premium living experiences. The project is set to redefine luxury living in Dubai, combining the best in residential development and world-class hospitality.
QUBE Development has rapidly gained recognition for its pioneering approach to real estate, focusing on creating sustainable communities that appeal to a modern, discerning clientele. The company is known for delivering future-ready urban spaces that prioritize lifestyle, comfort, and cutting-edge design.
The Lux Collective is an award-winning global hospitality group, known for its signature brands and commitment to excellence in every aspect of its operations. Its flagship brand, LUX*, is celebrated worldwide for offering an exceptional standard of hospitality, focused on creating vibrant, memorable experiences with a focus on design, service, and well-being.
“Our collaboration with The Lux Collective is rooted in a shared commitment to purposeful disruption,” said Egor Molchanov, CEO of QUBE Development. “We are drawn to partners who think beyond the conventional, and The Lux Collective team brings a perspective that aligns with how we see the future of luxurious residential living.”
“In line with our progressive global growth strategy and focus on the Middle East region, this collaboration with QUBE Development marks a meaningful expansion for our luxury flagship brand LUX* in Dubai,” said Olivier Chavy, CEO of The Lux Collective. “QUBE is a respected developer with a clear passion for premium projects and regional growth. We are excited to partner with a team that shares our values and commitment to sustainability and excellence.”
Dubai’s branded residences market has experienced remarkable growth in recent years, solidifying the city’s position as a global leader in the luxury real estate segment. In H1 2024, Dubai recorded 5,592 branded residence sales, with a total transaction value of AED 28.8 billion, accounting for 7.2% of all property transactions by volume and 12.6% by value.
Demand continues to grow, driven by global investors and high-net-worth individuals seeking prestige, service, and lifestyle in a secure and future-focused destination. According to Morgan’s International Realty’s second half 2024 report, buyers are also paying a premium of up to 42% per square foot for branded residences, underlining the strength and desirability of this sector.
With aligned values and complementary expertise, QUBE Development and The Lux Collective are pioneering a new era in branded residences, designed not only to impress and express but to elevate. Together, they offer residents an experience that transcends expectation and invites them into a lifestyle that goes beyond the imaginable.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
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