Highlights of the week | 28th July – 3rd August 2025

August 4, 2025
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Aldar breaks records with US$ 109 Million ultra luxury mansion in Abu Dhabi (28th July)​

Aldar has set a new record with the AED 400 Mn (US$ 109 Mn) sale of an ultra-luxury eight-bedroom mansion in Faya Al Saadiyat, Saadiyat Island’s most prestigious beachfront community. The 6,561 sqm mansion features 360° views, Italian finishes, private beachfront pool, car gallery, cinema, and wellness suites. Designed by 1508 London and Nordic Office Architects, it reflects Saadiyat’s natural beauty. Expatriates made up 86% of Aldar’s H1 sales on the island, driven by investor confidence, progressive policies, and Abu Dhabi’s long-term development vision. ​

Read more at Aldar announces sale of eight-bed mansion for record $109mln | Zawya​

Casagrand enters UAE market with landmark Dubai Islands project (28th July)​

Casagrand, a leading Indian real estate developer, is making its UAE debut with a residential project on Dubai Islands, marking its first international venture. Known for transforming South Indian cities like Chennai and Bengaluru, Casagrand has delivered over 160 projects spanning 53+ Mn sqft, serving 55,000+ families. The company now plans to develop 6 Mn sqft of premium residential and mixed-use spaces in the UAE over the next three years. Founder Arun MN emphasized the UAE’s investor-friendly environment and cosmopolitan appeal, stating Casagrand aims to deliver value-driven, architecturally refined, and community-focused living experiences in the region. ​

Read more at Indian developer Casagrand enters UAE with new Dubai Island project | Zawya​

Arabian Gulf Properties leads with visionary urban planning for UAE (28th July)​

The UAE’s residential real estate sector is set for steady growth, with transaction values projected to rise at a compound annual growth rate (CAGR) of 2.66% over the next four years. This outlook reflects strong investor confidence, supportive government policies, and the country’s appeal as a hub for lifestyle and economic opportunity. As demand diversifies, developers are encouraged to innovate and build sustainable, inclusive communities that meet long-term resident and investor needs. With a focus on livability, connectivity, and resilient infrastructure, the sector is poised to support the UAE’s broader urban development and demographic transformation in the coming years.​

Read more at UAE residential real estate deals value to grow 2.6% till 2029 | Zawya​

Modon Holding posts AED 2.1Bn profit in H1 2025 up 4.2x year-on-year (28th July)​

Modon Holding reported a 4.2x surge in H1 2025 net profit to AED 2.1 Bn, driven by record real estate sales, recurring income growth, and strategic investments. Revenue tripled year-on-year to AED 6.5 Bn, with a revenue backlog of AED 33 Bn. EBITDA rose to AED 2.9 Bn, with margins at 44% amid efficiency gains. Modon expanded into 13 countries and launched Gridora, an infrastructure platform with ADQ and IHC. An AED 35 Bn MoU was signed with Abu Dhabi Projects and Infrastructure Centre (ADPIC) to support in the transport infrastructure mandate. Two major real estate launches, including the AED 5.5 Bn Wadeem community, sold out in a day, signaling strong momentum for H2. ​

Read more at Modon triples revenue in H1 2025 as net profit soars to Dh2.1 billion | Gulf News​

Dubai to enable tokenized real estate transactions using digital currency by the end of 2025 (29th July)​

Dubai is set to revolutionize property investment by enabling tokenized real estate transactions using digital currencies by the end of 2025. The Dubai Land Department, in collaboration with key regulators, is integrating tokenized deals into the UAE’s legal framework to boost investor security and privacy. Since March, six projects sold out in minutes, drawing 1,400 investors from 50 countries, 70% of them first-timers. With an AED 2,000 entry point and a maximum 20% cap on ownership of any single property, the model promotes inclusivity. A stable dirham is expected soon, enabling direct purchases. Dubai aims to grow this sector to US$ 16 Bn by 2033, transforming global property access. ​

Read more at Dubai considers allowing tokenized real estate transactions using digital currency by end of 2025 | Gulf News​

Major AED 700 Million sale marks Union Properties’ financial turnaround (29th July)​

Union Properties has signed a conditional AED 700 Mn (US$ 190 Mn) sales agreement for a major project in Motor City, marking the successful conclusion of its multi-year recovery plan to settle legacy debts. Building on AED 1.3 Bn in plot sales in 2024, this deal will be reflected in Q4 2025 financials and supports the company’s disciplined financial strategy with strong cash flow visibility. CEO Amer Khansaheb described the milestone as a signal of strength, positioning Union Properties for sustainable growth, strategic capital deployment, and long-term value creation in Dubai’s real estate market. ​

Read more at Union Properties inks $190mln deal for key real estate project | Zawya​

Fakhruddin Properties breaks ground on sustainable Treppan Tower in Dubai (29th July)​

Fakhruddin Properties has broken ground on Treppan Tower, a 32-storey residential project in Jumeirah Village Triangle, Dubai. The development features 264 one to three bedroom units across 25 floors, with two floors dedicated to wellness-focused amenities and five podium parking levels. Treppan Tower integrates AI-enabled smart home automation to optimize energy use, a proprietary air purification system, and access to alkaline drinking water. The Greenhouse Café will offer radiant cooling, hydroponic gardens, and a refill station to reduce single-use plastics. The project supports Fakhruddin’s sustainability goals, including waste reduction and carbon footprint minimization, enhancing wellness and eco-friendly living for residents. ​

Read more at Fakhruddin Properties starts work on 32-storey Dubai residential tower | Zawya​

Foreign investment booms in Dubai’s real estate market (29th July)​

Dubai has become a prime destination for foreign real estate investors, driven by political stability, strong returns, and world-class lifestyle offerings. The emirate offers high rental yields (5–8%), tax-free income, and capital gains advantages, along with a USD-pegged currency that ensures monetary stability. Investor-friendly policies such as 100% freehold ownership and the Golden Visa enhance its global appeal. Dubai’s diverse economy, robust infrastructure, and international connectivity further attract buyers. Platforms like Lupos help investors navigate legal and market complexities. Despite some challenges, Dubai’s strategic blend of growth potential and developed-market benefits makes it a top-tier global real estate hub.​

Read more at Why Foreign Investors Are Flocking to Dubai’s Real Estate | Programming Insider ​

Investor confidence drives Sharjah’s real estate boom (31st July)​

Real estate transactions in Sharjah’s Central and Eastern Regions surged 143% in H1 2025 to AED 1.6 Bn, driven by infrastructure growth, urban expansion, and government incentives. The Central Region led with AED 1.1 Bn across 493 sales, mainly in Industrial Area 1 and Al-Blida. Khorfakkan followed with AED 294.8 Mn from 126 sales, and Kalba with AED 117.9 Mn from 100 transactions. Mortgage deals totaled AED 178 Mn across 215 transactions, concentrated in Kalba, Khorfakkan, and the Central Region. Initial sales contracts reached 581, valued at AED 732 Mn, reflecting growing investor confidence and a thriving property market.​

Read more at Real estate transactions at $435mln in central, eastern Sharjah | Zawya ​

DMDC unveils new division focused on premium property renovations (31st July)​

DMDC has launched DMDC Estates, its new property investment and renovation division, marking the company’s largest investment since its 2021 founding. With AED 70 Mn committed to premium residential projects in Arabian Ranches, Jumeirah Golf Estates, and Emerald Hills and another AED 30 Mn planned for H2 2025. DMDC Estates focuses exclusively on acquiring, renovating, and selling high-end Dubai properties. Fully owned and operated by DMDC, the division operates independently from its interior design and construction services.​

Read more at DMDC enters property investment sector in Dubai | Zawya​

Tecom approves AED 400 Million interim dividend amid robust growth (1st August)​

Dubai’s Tecom Group has reported a 22% rise in profit to AED 737 Mn for the first half of 2025, supported by strong occupancy levels across its business hubs and a revenue increase of over 20% to AED 1.4 Bn. The board approved an interim cash dividend of AED 400 Mn, with a new dividend policy set to apply for the second half of 2025, targeting a 10% increase, subject to shareholder approval. It is highlighted that the company’s financial and operational growth reflects the success of its strategic investments and ability to attract new customers. The land lease portfolio achieved an impressive 99% occupancy, mainly driven by robust demand from the industrial sector. Dubai Industrial City continues to report high occupancy rates, cementing its status as the region’s leading manufacturing and logistics hub. ​

Read more at Dubai’s Tecom in 20% plus profit growth; to pay Dh400m interim dividend | Gulf News​

Dubai real estate booms in H1 2025 with AED 151 Billon in new units (3rd August)​

Dubai’s real estate sector saw strong growth in H1 2025, with 24 projects worth ​
AED 4.5 Bn completed and 726 developments under construction, according to the Dubai Land Department (DLD). Over 90,000 new units worth AED 151 Bn were registered, including 7,167 villas sold for AED 28 Bn. The surge reflects rising demand for standalone homes and integrated communities. Rental contracts hit 465,738, totaling AED 42 Bn. Government initiatives, including the Golden Visa expansion and first-time buyer support schemes, boosted foreign investment. With over 59,000 new investors entering the market, Dubai is on track to surpass 2024’s record of 169,000 real estate transactions.​

Read more at Dubai completes 24 real estate projects worth $1.2bn in H1 amid property boom |The National News​