Highlights of the week | 25th August – 31st August 2025

September 1, 2025
0 Comments

Amanat to scale high-performing assets after school property sale (22nd August)

Amanat Holdings announced a net cash return of AED 294 Mn (US$ 80 Mn) from the sale of North London Collegiate School Dubai’s real estate assets for AED 453 Mn. The deal generated an unlevered cash-on-cash multiple of 1.7x and an internal rate of return of 10%. Amanat had invested AED 393 Mn, comprising AED 360 Mn for the 2018 acquisition and AED 33 Mn for capital expansion. The company confirmed that proceeds will be redeployed into new opportunities, prioritizing scalable, high-performing assets.

Read more at Amanat Holdings makes $80mln gain from sale of Dubai real estate assets | Zawya

Al Huzaifa Properties debuts with luxury project on Al Marjan Island (25th August)

Al Huzaifa, a luxury furniture and interior design brand, has expanded into real estate with the launch of Al Huzaifa Properties. Building on nearly 50 years of craftsmanship and design expertise, the new entity will focus on premium, lifestyle-driven communities across the UAE. Its debut project will be on Al Marjan Island, Ras Al Khaimah, one of the nation’s most sought-after luxury destinations. CEO Saif Nensey said the move reflects a natural evolution from interiors to complete living environments, offering fully furnished residences that embody creativity, precision, and individuality, while delivering strong lifestyle value and investor potential.

Read more at UAE interior design brand Al Huzaifa enters property sector | Zawya

Mered appoints Bond Interiors for iconic residences fit-out (27th August)

Mered, an international real estate developer, has appointed Bond Interiors as the official fit-out contractor for its flagship project, Iconic Residences Design by Pininfarina, in Dubai Internet City. The 290-metre tower, set to be the tallest in the district, will feature ultra-luxury residences and shared spaces crafted with Bond’s expertise. Mered CEO Michael Belton said the partnership reflects their focus on world-class delivery, with completion of Iconic Residences scheduled for Q3 2027.

Read more at Mered signs up Bond Interiors for landmark Dubai residential tower | Zawya

UAE Developers unveil fresh projects ahead of year-end surge (28th August)

UAE developers are driving momentum ahead of the final four months of 2025 with major new launches. Nakheel has released more 5- and 6-bedroom villas at Palm Jebel Ali, starting from AED 28 Mn, as sales at the landmark island continue strong. In Abu Dhabi, Aldar unveiled Fahid Island Beach Terraces, with units from AED 3.6 Mn, following successful earlier sales. Wasl Group’s South Garden at Wasl Gate sold out swiftly, with studios from AED 630,000 and larger units up to AED 2.44 Mn. Meanwhile, Arada’s Masaar 3 in Sharjah offers townhouses from AED 1.79 Mn, topping out with 5-bedroom homes at AED 5.59 Mn.

Read more at UAE property sales: New Palm Jebel Ali, Fahid Island homes set up market for busy season | Gulf News

Tecom boosts Industrial portfolio with AED 1.6 Billion land buy (28th August)

Tecom Group will invest AED 1.6 Bn to acquire 138 plots spanning 33 Mn sqft in Dubai Industrial City, boosting its land portfolio to over 209 Mn sq ft. The move comes as occupancy in the hub reaches 99%, underscoring surging demand from manufacturing and logistics companies. CEO Abdulla Belhoul said the deal reaffirms Dubai’s role as a global FDI hub and strengthens the emirate’s industrial ambitions. Financed through existing resources, the acquisition will recognize revenue within 12–24 months. Since 2024, Tecom has committed AED 4.3 Bn to its industrial and commercial assets, reflecting strong sector growth.

Read more at Tecom to invest Dh1.6b for new plots in Dubai Industrial City | Gulf News

Emirati women hold AED 45.2 Billion in Sharjah real estate assets (28th August)

Emirati women continue to play a vital role in Sharjah’s real estate sector, according to Abdulaziz Ahmed Al-Shamsi, Director-General of the Real Estate Registration Department. From January to August 21, 2023, women owned 3,322 properties, representing 11.8% of all registered assets. In total, 3,586 women make up 17.7% of property owners, with transactions worth AED 2.7 Bn. Cumulatively, Emirati women own 30,662 properties valued at AED 45.2 Bn, accounting for over 21% of all owners. Al-Shamsi highlighted Sharjah’s strong market momentum, with property transactions reaching AED 34.5 Bn in the first seven months of 2025.

Read more at 3,586 Emirati women invest in Sharjah real estate | Zawya

Middle East’s first coastal forest district launched in Dubai (29th August)

Beyond Developments has unveiled the Middle East’s first forest district by the sea with the launch of Talea in Dubai Maritime City. Designed as a coastal haven rooted in nature, wellness, and sustainability, the project aligns with Dubai 2040, Net Zero 2050, and the D33 Agenda. The forest district will feature 65,000 sqm of parks, including 55,000 sqm of native woodland, creating up to 75% tree canopy coverage and a cooler microclimate. Talea offers 354 residences with natural interiors, sea and woodland views, and forest-inspired amenities, blending coastal living with sustainability and urban wellbeing.

Read more at Beyond launches forest district by the sea in Dubai Maritime City | Zawya

Palm Jebel Ali emerges as Dubai’s ultra-luxury land contender (29th August)

Plots on Palm Jebel Ali are emerging as strong contenders in Dubai’s high-end land market, challenging Jumeira Bay Island for the priciest deals. While Jumeira Bay recorded top sales, including a AED 182 Mn plot, Palm Jebel Ali saw transactions of AED 116.16 Mn and
AED 115.2 Mn for 29,457 sqft plots. Palm Jumeirah still dominates, with a AED 365 Mn plot sold for five ultra-luxury villas, reflecting limited availability and rising villa prices. Sheikh Zayed Road also saw record deals, including a AED 125 Mn off-plan penthouse. The Palm Jebel Ali master plan now features Dubai’s most expensive beachfront homes, starting from AED 28 Mn, highlighting growing demand.

Read more at Dubai’s priciest plots: Palm Jebel Ali joins Jumeira Bay in big-ticket deals | Gulf News

Dubai real estate sales hit record AED 441 Billion in eight months (30th August)

Dubai’s property market surged to record levels in 2025, with real estate sales from January to August totaling AED 441.22 Bn (US$ 120 Bn), a 33.7% increase from last year. Transactions across residential and commercial sectors reached 137,013 deals, up 21.5% from 2024, already representing 84% of total 2024 sales. Overall activity, including mortgages and grants, hit nearly AED 595 Bn across 177,000 transactions. Business Bay led sales with AED 24.24 Bn, followed by Me’aisem Second, Al Yalayis 1, Jumeirah Village Circle, and Airport City. Mortgage activity rose 3.2% to AED 120 Bn, while property grants reached AED 33.43 Bn, highlighting Dubai’s accelerating real estate momentum.

Read more at Dubai property sales hit highest-ever Dh441 billion in eight months | Gulf News