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Nakheel has unveiled the final phase of Bay Grove Residences on Dubai Islands, the development follows the sale of the previously released waterfront residential units. Bay Grove Residences on Island B is said to be a blend of beachside living and city life, enhancing Nakheel’s premium living destination.

This phase of the Bay Grove Residences on Island B comprises four designed buildings in a contemporary architectural style. It offers 257 urban residential units including: one-, two-, three-, and four-bedroom apartments, as well as a penthouse. The penthouse stands out as the only residence of its kind in the entire Bay Grove collection, said a statement.

Inside, the open-plan living and dining area with double height ceilings and floor-to-ceiling windows fosters a bright and airy atmosphere. The space transitions to a large terrace, ideal for entertaining, while offering 360-degree water views of openness and connection to the surroundings. Details such as custom joinery and stylish screens, add character and elegance to the residence. The primary suite features a walk-in closet, comfort with practical design, the statement outlined.

Offering access to Crystal Beach and situated near Marina Beach, each residential unit at Bay Grove Residences provides panoramic views of the Arabian Gulf. This ensures residents can enjoy a beachfront lifestyle with shoreline amenities. The development is set across a lush green podium, offering access to an infinity lap pool, a family pool, and a host of designed amenities. These include a clubhouse, fitness centre, yoga space, kids’ club, and pet wash area. The latest phase combines contemporary design with coastal living at its finest, the statement added.

Nakheel notes that residents at Bay Grove Residences can enjoy a swimmable beach and boardwalk, complemented by a community park and jogging and cycling paths. This promotes a balanced lifestyle within the location. Bay Grove Residences presents a vibrant residential ecosystem and is being created as a community with ample living spaces and a well-rounded lifestyle. It is pet-friendly and combines comfort, convenience, and connectivity, it explained.

Dubai Islands is a visionary waterfront destination that aligns with the Dubai 2040 Urban Master Plan. It features open spaces, parks, and golf courses overlooking the Arabian Gulf. The development comprises five islands covering a total area of 18.6sqm. Over 20km of beaches offer waterfront living, resorts, and cultural hubs within a short distance of Downtown Dubai, Dubai International Airport, and marine ports, the statement concluded.

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Fashion and lifestyle brand ELLE – owned by the French Lagardère Group – is set to make its Middle East debut with an exclusive residential project on Dubai Islands. Developed by ANAX Developments under a licensing agreement with Lagardère News (an entity of the Lagardère Group), ELLE Residences Dubai Islands will become a new architectural and cultural landmark, said a statement from ANAX Developments.

During the official signing ceremony, Satish Sanpal, Chairman of ANAX Holding, and François Coruzzi, CEO of ELLE International Licenses/Lagardère Group, announced a partnership to launch ELLE’s inaugural branded residential project in the UAE.

The project will be designed by The One Atelier, while co-creative direction will be led by ARQUINAUT, the international design studio that conceived the original ELLE Residences concept. ARQUINAUT will oversee both architecture and interiors. Their collaborative design approach will integrate ELLE’s global aesthetic with local inspiration, crafting a unique residential narrative, the statement explained.

ANAX brings local market expertise, a proven track record in luxury development, and a shared commitment to innovation and quality. The collaboration ensures that ELLE’s first branded residence in the Middle East is anchored by a partner who understands the cultural nuances and high expectations of the region’s discerning buyers. Together they will deliver a project that upholds ELLE’s global standards of style and sophistication, while resonating authentically within Dubai’s fast-evolving luxury lifestyle ecosystem, it added.

“We’re thrilled to bring ELLE’s iconic lifestyle to Dubai through our partnership for ELLE Residences on Dubai Islands,” said Sanpal. “Dubai, a city synonymous with innovation, design, and global appeal, is the perfect setting for this bold new venture. This project will be a defining expression of purposeful, joyful living that reflects the essence of ELLE.”

Constance Benqué, CEO of ELLE International and Lagardère News added, “ELLE’s legacy of innovation continues to define our journey, and with this next chapter, we’re proud to bring the brand’s style to Middle Eastern living for the first time in dynamic Dubai, one of the growing premier markets for branded residences. We’re excited to unveil ELLE Residences Dubai Islands in collaboration with our esteemed partners. Blending timeless French flair with Dubai’s bold energy, this second project marks a dynamic evolution, an immersive concept that invites residents to experience a unique and elevated place to call home. It reflects the forward-thinking lens of ELLE and delivers a refined lifestyle infused with joie de vivre.”

“With ELLE Residences Dubai Islands, we are working closely with the brand to craft a concept that channels ELLE’s Parisian sensibility through the lens of Dubai’s dynamic lifestyle,” commented Michele Galli, CEO of The One Atelier. “This is a rare opportunity to create a project that resonates emotionally and culturally with a global audience.”

Residents can expect curated interiors, exceptional wellness facilities, social and dining spaces, and a blend of fashion and functional design. Nestled on the Dubai Islands, this project offers prime beachfront access, cultural and retail hubs, and views of Dubai’s skyline. ELLE Residences Dubai Islands stands as the latest iteration of ELLE’s expanding lifestyle portfolio. More details, including sales timelines and unit configurations, will be unveiled in the coming months.

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Emirates Stallions Group (ESG) has announced the establishment of Royal Development Holding (RDH). The boutique real estate developer envisions transforming spaces and elevating lives.

In its launch phase RDH merges a group of specialised real estate development entities, including Royal Development Company (RDC) and Royal Architect Project Management (RAPM). The move paves the way for the introduction of new companies, further enhancing its market presence and capabilities.

Royal Development Company’s 15 years of experience mark the beginning of a new era for the group with the launch of RDH. The expansion allows RDH to enhance its presence in the real estate industry by acquiring boutique real estate development capabilities. By integrating ESG, Royal Development Holding offers comprehensive, end-to-end solutions that elevate living experiences and support its long-term growth strategy.

Tariq Nazzal, General Manager of Royal Development Holding commented, “At Royal Development Holding, we continuously enhance our performance and expand our activities by listing several of the Group’s real estate development and project management companies under Royal Development Holding. This is in line with our vision of constant growth and transformation. By integrating innovation, sustainability, and creative design, we will be crafting truly transformational projects that redefine modern living and elevate lifestyles.”

Kayed Ali Khorma, CEO of ESG added, “Our subsidiary Royal Development Company has been the trusted force behind managing over 60 iconic projects in more than 15 countries across the globe enriching our expertise in the real estate sector. We are now evolving the Royal Development name and scope of work by launching Royal Development Holding, a visionary boutique developer that will build lifestyle-driven communities to nurture growth, transform the everyday experience, and shape the future of living.”

In today’s competitive real estate market, developers are striving to create integrated, intelligent, and inspiring communities that adapt to society’s evolving needs. RDH emerges as a forward-thinking boutique developer, demonstrating a strong commitment to shaping ecosystems that combine functionality, well-being, and sustainability. Their developments will contribute to the future of intelligent and connected living.

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Cox and AMEA Power have collaborated to establish a joint venture (JV) that aims to develop, execute, and manage strategic water and energy infrastructure projects across the Middle East, Africa, and Asia.

The partnership is built on the existing relationship between Cox and AMEA Power. As an anchor shareholder, AMEA Power holds a 3.76% stake in Cox, acquired during Cox’s initial public offering. This long-term investment serves as strategic support for Cox’s growth and development plans.

Enrique Riquelme, Executive Chairman of Cox said, “This JV represents a critical step in Cox’s growth strategy, emerging from an integrated vision that combines water and energy solutions to tackle the most pressing challenges and meet the demands of markets in the Middle East and Africa. Through this partnership, we aim to develop projects where access to water and energy complement each other, creating new opportunities where both are essential for the sustainable development of communities.”

Hussain Al Nowais, Chairman of AMEA Power added, “We are proud to partner with Cox in establishing this JV, a strategic alliance that brings together AMEA Power’s expertise in renewable energy and Cox’s leadership in water solutions. This partnership underscores our shared commitment to sustainable development and improving access to essential resources across Africa, the Middle East and Asia. It also reflects our continued support for Cox’s growth and sustainability initiatives in these key regions.”

The JV brings together Cox’s experience and global market positioning with AMEA Power’s leadership in the energy sector, forming an alliance to develop integrated infrastructure projects, where water and energy access are deeply intertwined. By combining their technical, operational, and financial capabilities, both companies aim to address critical resource challenges in regions experiencing rapid demand growth.

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Lifesize Plans Dubai is offering a service integrating virtual reality & augmented reality experiences that enables UAE residents to toggle between finishes, floor plan variations, and alterations before a structure is built. The solution is said to mitigate risk for buyers and provides a core client-centred service for developers and sellers. The firm says it offers immersive, full-scale architectural visualisation that redefines the pre-construction experience.

The UAE’s construction sector has experienced a steady rise in recent years due to several factors, including substantial government investments, economic diversification, and an increasing population. These factors have had a profound positive impact on the country’s real estate sector, the firm said. According to market intelligence and advisory firm Mordor Intelligence, the construction market size is projected to grow at a compound annual growth rate of 4.26% by 2030. This growth is expected to contribute significantly to the real estate sector as numerous developments are currently in the pipeline, with the aim of being completed by then.

The construction sector’s growth is also fueled by various additional factors, particularly in infrastructure development, transportation and renewable energy. These developments will increasingly require the support of innovative technologies to provide the best possible products to their customers. Dubai’s proptech market, which aims to double its sector value by 2030, has been a major contributor to this surge. Through its technology, the market has introduced a new dimension to the sector from both a technical and design perspective.

Georges Calas, CEO of Lifesize Plans Dubai said, “Witnessing the constant growth of the UAE’s real estate sector and strong influx of investors coming in from all around the world, it was an easy decision for us to enter the market in 2023. As the sector continues to flourish, it becomes increasingly crucial to focus on the attention to detail for every square meter that it is being constructed not just from a design perspective, but to also help identify any potential problem before work even starts on the project.”

“As the overall supply of both residential and commercial developments continues to increase, the proptech sector in parallel also becomes more of a necessity as opposed to a luxury when it comes to investors looking to buy their dream home and will soon become an essential tool for developers to incorporate in the years to come,” he added.

As the UAE remains a global destination for investors and tourists, its construction and real estate sectors continue to be its backbone industries, ensuring its continued prosperity. Developers will also increasingly focus on complementary sectors like proptech to provide the best possible infrastructure, design, and quality in the growing real estate market.

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Dubai is rightfully lauded as the polestar of real estate success in the United Arab Emirates (UAE), with 2025 promising yet more growth. Fortunately for the UAE, the same factors that have contributed to Dubai’s record-breaking streak – strong investment incentives, economic stability, a strategically important location and world-class infrastructure – are also fuelling the meteoric rise of Ras Al-Khaimah’s property market.

Our nation’s northernmost emirate has witnessed impressive growth of late, registering more than US $4.8bn in real estate transactions in 2024. In fact, last year saw Ras Al-Khaimah’s villa sales prices grow by as much as 35.6%, villa rental prices increase by up to 28%, and apartment rental prices rise by up to 42.7%, according to data published by Bayut.

As many of you know, DAMAC Properties is investing heavily in Ras Al-Khaimah through Shoreline by DAMAC, a collection of branded beachfront residences ideally situated on Al Marjan Island. As expected, this project has already generated immense interest – a trend that I believe is being amplified by the emirate’s rapidly increasing popularity.

So, why does everyone seem to be getting excited by Ras Al-Khaimah’s property market? Here are my thoughts:

An ambitious tourism vision

Like its neighbours, Ras Al-Khaimah is home to forward-thinking leaders who are committed to driving our nation towards economic prosperity through strategic policies and initiatives. With the aim of promoting growth across three key pillars – economy, society and environment – RAK Vision 2030 astutely recognises tourism as the cornerstone of sustainable economic development.

Last year, the emirate welcomed a record-breaking 1.28mn overnight arrivals, representing an extremely healthy 12% increase in tourism revenue. If this pace is maintained, the Ras Al-Khaimah Tourism Development Authority (RAKTDA) should be right on track to meet its Tourism Vision 2030 goals: to attract more than three million tourists annually, raise tourism’s contribution to one-third of GDP and create more than 20,000 jobs by 2030.

As it stands, the hospitality sector contributes 4% of the emirate’s GDP, while real estate accounts for 7% – proportions that are only likely to expand due to a growing project pipeline. The number of hotel rooms in Ras Al-Khaimah, for example, is set to double to 14,000 by 2027, and in a unique move for our region’s hospitality industry, seven leading global hotel companies recently pledged to support the government’s vision for tourism development.

In addition to creating opportunities for hotels and short-term lets, an increase in tourism, coupled with the business and employment opportunities it brings, will drive demand for long-term rentals and off-plan sales, including branded residences.

Natural and cultural treasures

The natural beauty and 7,000-year history of Ras Al-Khaimah are undoubtedly key selling points for its burgeoning tourism industry, and they also represent a drawcard for homebuyers looking to enjoy a relaxed and enriching lifestyle. Meanwhile, those searching for adventure will find it right on their doorstep. The emirate is home to the trekking trails of the Hajar Mountains, lush mangrove ecosystems that offer world-class paddleboarding and kayaking, and Jais Flight, the world’s longest zipline at 2.38km.

Nature lovers will enjoy residing among greater flamingos and the countless other endemic species that populate the coastline, mountains and forests, while cultural history enthusiasts will appreciate the emirate’s pearl fishing heritage and archaeological gems like Dhayah Fort and Al Jazeera Al Hamra.

Besides these attractions, Ras Al-Khaimah is within easy reach of Dubai. The pristine waterfront, breathtaking views and sophisticated leisure developments of Al Marjan Island are only 45-minutes from Dubai, making it ideal as a base for commuters or anyone looking to purchase a holiday home.

Impressive investment opportunities

From a property investor’s point of view, Ras Al-Khaimah’s appeal lies in its tax incentives, relatively untapped potential and the prospect of high returns. For example, average rental yields in the emirate currently stand at 6-8%, compared to a UAE average of 4.87%. Property prices have also been increasing over the past year, delivering impressive internal rates of return.

Even so, the emirate still offers tremendous value for money for property buyers. And when one considers the diversity of Ras Al-Khaimah’s real estate landscape, combined with ongoing infrastructure projects and its thriving leisure and entertainment scene, it’s easy to see why interest is growing so quickly. Shoreline by DAMAC, which features units crafted in collaboration with Babolex, and other luxury offerings are providing yet more opportunities for buyers keen to secure a foothold in the emirate.

Thanks to its winning combination of strategic government initiatives, unique natural and cultural heritage, and attractive investment opportunities, Ras Al-Khaimah’s real estate sector is moving from strength to strength. I and many other UAE property professionals have been aware of the emirate’s untapped potential for many years, so I’m not surprised the rest of the world is starting to take notice.

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Developer Amaal has launched a partnership with automotive design firm MANSORY. Together, they are co-creating the MANSORY Residences, an ultra-luxury residential tower in Dubai. The collaboration marks MANSORY’s first global venture into real estate and architectural design, which is said to be a new chapter for the brand.

The MANSORY Residences project reflects both design and the growing market demand for collectable, design-led properties. The project will be set within Mohammed Bin Rashid City, part of the Meydan Horizon masterplan. MANSORY Residences will feature 48 floors, with a total built-up area of almost 142,800sqm. Beyond its architecture, MANSORY Residences will merge design innovation, collaboration, and value into a single address, said a statement.

The residences will offer a blend of MANSORY’s signature design elements; the project will feature a range of layouts including one, two and three bedroom units, as well as eight full-floor penthouse residences. The MANSORY Residences project is currently in advanced design planning, and is scheduled for completion in Q4 2028.

“This partnership marks a bold step forward in redefining the standards of luxury living in the UAE,” said Abdulla Lahej, Chairman of Amaal. “By partnering with MANSORY, we are bringing a living experience that truly resonates with today’s high-net-worth buyers. Dubai’s luxury property market continues to thrive, with US $1.9bn in sales recorded in Q1 2025 alone, and MANSORY Residences will meet this growing demand for design-led, collectable real estate. This is just the beginning of an exciting journey, and we look forward to unveiling what’s to come.”

Kourosh Mansory, Founder of MANSORY added, “This project represents a milestone for our brand. Collaborating with Amaal allows us to bring our signature design philosophy into a new space shaped by their approach to luxury. It’s where engineering excellence meets artful living; a softer, residential expression of the bold, distinctive craftsmanship that has defined MANSORY for decades. Our shared vision is to deliver an elevated lifestyle where every detail, from materials to ambience, reflects precision craftsmanship and individuality. This project will set a new global benchmark for bespoke living in one of the world’s most dynamic cities.”

Designed in collaboration with MANSORY, the interiors blend aesthetics with elevated residential comfort. Precision detailing and sculptural forms reminiscent of luxury vehicles evoke a sense of fluidity. Layered lighting and material choices, such as leather-wrapped furnishings, brushed metals, and custom wood finishes, create a distinct sensory experience. Kitchens feature concealed mechanisms for streamlined functionality, while bedrooms are adorned with upholstered accents and refined textures. The result is a uniquely crafted space of innovation, elegance, and design philosophy of MANSORY, said a statement.

Amaal and MANSORY have designed a suite of amenities across three levels, offering residents a lifestyle of comfort, wellness, and high-performance living. A curated selection of premium retail outlets provides convenience at residents’ doorsteps. Residents can also enjoy padel courts, mini golf experiences, indoor and outdoor gyms, a yoga studio, separate spa areas for men and women, two infinity pools, an indoor cinema, and dedicated play areas for children. Community zones include exclusive MANSORY lounges, a spacious terrace, creative workspaces, an outdoor multipurpose area, restaurants, and multiple open-air dining zones, it added.

The development will also feature eight floors of dedicated parking amenities, with two floors reserved for a VIP showroom-style display, while an integrated car elevator ensures seamless access. Exclusive vehicle well-keeping services offer owners peace of mind and pristine care for their prized cars, adding to the automotive-inspired luxury lifestyle. For modern homeowners, MANSORY Residences integrates advanced smart home and automation technologies throughout the tower. Residents can also benefit from seamless control over lighting, climate, security, and even parking, enhancing convenience, energy efficiency, and daily living, the statement concluded.

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Modon has launched Wadeem its inaugural residential plot release on Hudayriyat Island. This exclusive development offers buyers the opportunity to design and build their dream homes in one of Abu Dhabi’s most desirable emerging locations, said a statement from the developer.

The plots from Hudayriyat Island’s coastline offer views of Abu Dhabi’s skyline, while easy access to the island’s beaches and the Gulf waters ensures an active lifestyle for residents. At the heart of Wadeem lies a community centre which features a variety of shopping outlets, a private school, a mosque, and a central park. Designed with active families in mind, Wadeem is planned to be walkable and connected by cycling paths that wind through greenery, said a statement.

Bill O’Regan, Group CEO at Modon Holding said, “Wadeem represents another milestone in our future vision for Hudayriyat Island and marks an important addition to Abu Dhabi’s dynamic, fast-evolving real estate landscape. This unique offering creates an island counterpart to the city’s most traditionally exclusive districts on the opposite shore. It combines thoughtfully planned amenities with a unique degree of flexibility for homeowners to craft their own spaces. Through Wadeem, we reaffirm Modon’s commitment to shaping vibrant, people-centric living destinations, inspired by liveability and individuality, that align seamlessly with the emirate’s vision for sustainable growth, quality of life and global competitiveness.”

Ibrahim Al Maghribi, CEO of Modon Real Estate added, “With the launch of our first residential plot project on Hudayriyat Island, we are not only unlocking a high-potential opportunity to invest in one of Abu Dhabi’s most sought-after locations, but also giving buyers the chance to realise their own dream home by the sea. Residents will enjoy vibrant green spaces that encourage outdoor living, a distinctive sense of community and unrivaled views of azure waters or the breathtaking skyline, making Wadeem a truly unique, desirable lifestyle destination.”

Nestled opposite Abu Dhabi’s Al Bateen area, Wadeem marks the first new land offering in over 15 years, providing residents with proximity to the city’s neighborhoods. With over 1,700 plots, each designed to accommodate a four to six bedroom villa, Wadeem boasts ample space for outdoor living, including swimming pools, outdoor dining, and entertainment areas, Modon explained.

To promote healthy lifestyles and well-being, Wadeem incorporates a range of local outdoor exercise areas. These areas include a recreational hub with swimming pools, a jogging track, sports courts, and a yoga and meditation zone, providing residents with ample opportunities to stay active and engaged.

Owners will have easy access to numerous sports, leisure, and hospitality facilities on the island, offering opportunities for playing, staying, dining, shopping, and fitness. These include Nawayef Park, Surf Abu Dhabi, Velodrome Abu Dhabi, 321 Sports, Trail X, Circuit X, a network of cycling tracks, Marsana Beach, Bab Al Nojoum beach resort, and the upcoming urban park in the emirate, the statement concluded.

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