Ellington Properties Expands Into Dubai South

Ellington Properties Expands Into Dubai South
Ellington Properties is making a strategic move by entering Dubai South, one of the fastest-growing urban districts in the emirate. With a design-led philosophy and strong attention to detail, the developer aims to contribute to the area’s transformation into a thriving residential and commercial hub.

UAE’s PropTech Sector to Reach AED 5.69 Billion by 2030
The PropTech industry in the UAE is projected to surge in value, reaching an estimated AED 5.69 billion by 2030. This growth underscores how technology is becoming central to the resilience and evolution of the real estate market.

Record Palm Jumeirah Sale: AED 161 Million by Sotheby’s & 25 Degrees
In a landmark deal, Dubai Sotheby’s International Realty and 25 Degrees closed a Palm Jumeirah sale worth AED 161 million, setting a new benchmark. The rate per square foot in this transaction also ranked among the highest this year.

Nakheel Awards AED 2.6 Billion Contract for Bay Villas Project
Nakheel has awarded a contract valued at AED 2.6 billion for the development of Bay Villas, a premium waterfront community featuring 636 luxury units across diverse property types.

Lumena by Omniyat Sets a New Benchmark
Omniyat’s Lumena project is making waves in the ultra-luxury commercial real estate sector, establishing itself as a new standard in design, sales, and premium positioning.