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Object 1 has secured four waterfront plots on Al Reem Island in Abu Dhabi, covering over 2 million sq ft with a total sales value of AED 4.5 billion. The acquisition marks a key step in the developer’s expansion into the capital, reinforcing its long-term commitment to family-focused, community-driven residential development.

Clock22/01/2026

The sector posted strong growth in the first half of 2026, driven by robust investor demand, economic resilience, and business-friendly policies. With record property sales and continued foreign investment, experts expect the momentum to carry through the rest of the year.

Abu Dhabi’s construction sector is entering a new phase of growth, driven by advanced technologies, high-value projects, and stronger private sector participation, with active construction licenses surpassing 38,600.

Dubai South maintained its position as Dubai’s top-performing property market in May, recording 1,357 sales transactions worth AED1.6 billion. According to fäm Properties, residential sales in the area have surged 36.4% since late February, driven by strong demand for off-plan developments and growing investor confidence.

Reading Time 2 minutes

The mixed-use project will feature around 1,800 residential units, 250 commercial and office units, and hospitality components, with Al Ramz expecting the acquisition to support long-term growth and strengthen returns through 2031.

Clock01/06/2026
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