Highlights of the week | 18th August – 24th August 2025
Dubai Islands to host 600+ luxury bay villas (18th August)
Nakheel has awarded a AED 2.6 Bn contract to Fibrex Contracting for its Bay Villas project on Dubai Islands, one of the UAE’s largest project awards this year. The development will feature over 600 luxury homes across five property types, including beachfront villas, garden villas, semi-detached villas, and townhouses within four to six home clusters. The three-storey beachfront villas will offer six bedrooms, a show kitchen, rooftop lounge, terrace, and private dining space. Khalid Al Malik, CEO of Dubai Holding Real Estate, said the project reflects a vision of creating waterfront communities that combine wellbeing, luxury, privacy, and premium island living experiences.
Read more at Nakheel awards Dh2.6b project for Dubai Islands’ homes | Gulf News
Mohammed Bin Rashid Housing Establishment delivers AED 1.7 Billion housing support to 3,000+ beneficiaries in H1 2025 (19th August)
Dubai’s Mohammed Bin Rashid Housing Establishment (MBRHE) delivered AED1.725 Bn (US$ 471 Mn) in housing support to 3,027 beneficiaries in H1 2025. This included 1,390 housing schemes worth AED1.184 Bn to help Emiratis build, maintain, and purchase homes, along with 935 housing grants valued at AED 540.3 Mn for maintenance, construction, and ownership. Additionally, 695 land grants were provided to enhance homeownership opportunities. Acting CEO Mohammed Hassan Al Shehhi said the initiatives reflect the leadership’s vision of empowering citizens with quality housing. He added that efforts align with the Dubai 2040 Urban Master Plan and Social Agenda 33, promoting sustainable, family-focused living.
Read more at Dubai delivers $471mln housing support packages in H1 | Zawya
Dubai’s Emirates Hills sees AED 260 Million luxury property transaction (19th August)
Dubai’s Emirates Hills has recorded its third mega-property deal of 2025, with a AED 260 Mn sale at AED 18,489 per sqft, according to GCP-Reidin. The off-market, 50,000 sqft, seven-bedroom villa sits on the community’s prestigious ‘Golden Mile’ with views of lakes and the Address Montgomerie golf course. The deal follows earlier record-breaking transactions of AED 425 Mn and AED 367 Mn. With only 600 units and high demand, Emirates Hills remains Dubai’s most coveted ultra-luxury address, despite competition from new launches at Palm Jebel Ali and Dubai Islands. The AED 260 Mn transaction highlights Dubai’s thriving super-luxury real estate market in 2025.
Read more at Dubai’s Emirates Hills sees Dh260m villa deal – third chart-topper this year | Gulf News
Al Reem Island leads Abu Dhabi with 38% property price surge (19th August)
Al Reem Island has reinforced its status as Abu Dhabi’s top residential investment hub, recording a 38% year-on-year increase in off-plan property weighted average prices in Q2 2025. Khalifa City and Jubail Island also saw strong growth at 24% and 20%, highlighting the capital’s robust property market. Rental demand remains high, with apartment rents rising 21% year-on-year. Supported by quality infrastructure, Reem Island offers a “live-work-play” lifestyle with waterfront living, Grade-A offices, retail, healthcare, and Reem Central Park. ADGM’s expansion onto the island has attracted over 1,100 new businesses, further cementing its appeal for investors and residents.
Read more at UAE: Al Reem Island ‘top residential investment destination’ | Zawya
RAK properties announces 451-unit solera development (20th August)
RAK Properties has unveiled Solera, a new apartment community within its flagship Mina waterfront destination on Raha Island. Marking the first development in the Downtown Mina district, Solera will feature 451 apartments spread across three buildings linked by a shared podium. The project combines modern living with waterfront access, setting the tone for future phases of Downtown Mina. Once complete, the district will comprise six residential communities, integrated with retail, leisure, and lifestyle amenities outlined in the wider Mina master plan.
Read more at RAK Properties launches new residential project ‘Solera’ | Zawya
Abu Dhabi’s Private Department seals US$ 813 Million real estate financing (20th August)
The Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD) has secured a AED 3 Bn (US$ 813 Mn) syndicated real estate financing facility. The 10-year deal will refinance existing bank debt, settle sukuk obligations, and fund corporate purposes, backed by PD’s portfolio of assets across Abu Dhabi and Dubai. Established in 1964, PD owns over 2,500 residential units, 60,000 sqm of commercial space, and hotels. PD holds a B+ (Stable) S&P rating with AED 6.23 Bn fixed assets.
Read more at Abu Dhabi ruling family’s real estate firm closes $817mln financing deal | Zawya
Dubai’s Arjan to welcome 22-storey Marquis One tower (21st August)
Marquis Developers has launched Marquis One, its seventh and largest project yet, in Dubai’s Arjan community. The 22-storey tower will feature nearly 500 upscale homes, including studios, one- and two-bedroom apartments, with delivery scheduled for 2028. For the first time, Marquis introduces studios to cater to professionals, couples, and young families. Select units will also serve as guest houses for visiting relatives and friends. Currently, the developer is working on 630 homes across its portfolio, with over 250 units to be delivered between Q4 2025 and Q1 2026. Marquis says Marquis One redefines affordable luxury community living in Dubai.
Read more at Marquis Developers unveils new residential tower in Dubai | Zawya
R.Evolution unveils Eywa tree of life in Dubai (21st August)
R.Evolution is nearing completion of Eywa Tree of Life, a wellness-focused sanctuary along Dubai Water Canal that blends biophilic design, sustainability, and luxury living. The boutique project features 50 bespoke residences and two penthouses, ranging from 3,064 to over 16,000 sqft, each crafted with natural materials and holistic design elements. Eywa is the first residential development in Dubai to achieve both LEED Platinum and WELL Platinum certifications. Integrating crystals, advanced air and water systems, and EMF-shielded environments, the project redefines urban living. Exclusive amenities include a private chef, spa, infinity pool, cinemas, wellness spaces, and lush banyan-inspired gardens.
Read more at R.Evolution’s premium Dubai residential project nearing completion | Zawya
