Banyan Group will host its first Laguna Phuket Property Showcase in Dubai, unveiling a US$1B Phuket portfolio of luxury beachfront residences. With visa-free entry, direct flights, and rising GCC demand, regional investment in Phuket has surged 500% since COVID.

Accor to open the world’s largest Sofitel — Sofitel Jabal Omar Makkah — in 2026, featuring 1,141 rooms steps from the Holy Mosque. Developed with Jabal Omar Development Company, the project fuses French luxury with Saudi heritage, reinforcing Accor’s support for Vision 2030 and Makkah’s hospitality growth.

Dubai’s property market hit AED 149B in Q3 with over 57,000 units sold, led by Business Bay. QUBE Development launched ELIRE Managed by LUX*, offering hotel-style luxury living with bespoke concierge and private chef services.
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