MERED Identifies Three Trends Set To Shape The Next Phase Of Abu Dhabi’s Luxury Residential Market
Abu Dhabi's luxury residential market is evolving as buyers place greater emphasis on long-term value, quality of design and the overall living experience, according to MERED, the award-winning international real estate developer. The shift is being underpinned by continued market momentum. According to Abu Dhabi Real Estate Centre (ADREC) transaction data, Abu Dhabi recorded AED65.4 billion in real estate transactions year-to-date,
Aldar Generates AED 1.5bln In Sales During Launch Of The Canopies At Yas Point
Aldar today announced it has generated AED 1.5 billion during the launch of The Canopies, a six-building apartment community at Yas Point, the company’s new waterfront destination on the northern shore of Yas Island. The strong sales performance reflects sustained demand for homes on Yas Island and the continued momentum of Abu Dhabi’s real estate market. 84% of customers were first-time
Modon Delivers Record First Half Results, With AED 2.2 bn In Net Profit, AED 65.4 bn Revenue Backlog
Modon Holding PSC (Modon or the Group) today reported record first-half results for the six months ended 30 June 2026, building on the momentum established over the past two years. H1 2026 Group Highlights: • Group revenue reached a semi-annual record of AED 9.2 billion, a 40% year-on-year increase, driven by growth across multiple segments with accelerated development progress, a full half-year
Zayard Developments Obtains Ministerial Decree For Zayard Memora Project In New Sheikh Zayed City
Zayard Developments has obtained Ministerial Decree No. 1063 for its Zayard Memora project, located in the Green Belt area of New Sheikh Zayed City. The milestone marks a significant addition to the company's growing portfolio and reinforces its commitment to delivering innovative real estate developments that keep pace with market trends while meeting the needs of homebuyers seeking upscale living and secure investment opportunities. Zayard
Abu Dhabi Property Market Remains Resilient Despite Q2 Moderation As Residential And Office Sectors Transition To A More Sustainable Pace
Abu Dhabi's property market recorded a more measured second quarter in 2026 as seasonal factors and heightened regional geopolitical uncertainty influenced activity across both the residential and office sectors. Despite the moderation, Savills' latest research shows that underlying market fundamentals remain resilient, supported by healthy end-user demand, continued developer confidence, resilient occupier demand and the emirate's strong long-term economic outlook. Residential
Burtville Developments Launches “Bab Al Qasr Garden Residences 65” On Masdar City’s Largest Residential Land Plot
Burtville Developments has announced the launch of Bab Al Qasr Garden Residences 65, a premium branded residential development in Masdar City, Abu Dhabi. Carrying the prestigious Bab Al Qasr hospitality brand, the project is being developed on the largest residential land plot in Masdar City, spanning more than 310,000 square feet, introducing a new benchmark for integrated communities that combine
His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan Inaugurates AED 100bln Marsa Al Saadiyat
Aldar today unveiled Marsa Al Saadiyat, activating the final phase of Saadiyat Island’s masterplan and marking a defining milestone in the island’s evolution into one of the most desirable addresses in the world. With a gross development value of AED 100 billion, Marsa Al Saadiyat will be developed into a luxurious waterfront destination, shaped by the rhythms of Arabian coastal
Aedas Designs Rixos Al Reem Residences In Abu Dhabi For East & West Properties
Global architecture and design practice Aedas has designed Rixos Al Reem Residences in Abu Dhabi for East&West Properties L.L.C., marking the second Rixos branded residential development delivered through the partnership. The project builds on the success of Rixos Financial Center Road Residences in Dubai, the first ever Rixos branded residences worldwide, also designed by Aedas. Following strong market response, East&West Properties
Knight Frank: Abu Dhabi Residential Prices Rise, While Office Leasing Momentum Eases In H1 2026
Abu Dhabi's residential market continued to post robust price growth in the year to June 2026, even as the emirate's office leasing market showed its first signs of cooling since the current growth cycle began, according to the latest Abu Dhabi Residential and Office Market Review from global property consultancy Knight Frank. RESIDENTIAL PERFORMANCE Apartment prices across Abu Dhabi's key districts recorded appreciation
Aldar Launches ‘The Canopies’ At Yas Point
Aldar on Tuesday launched The Canopies, the first residential community to launch at Yas Point, the recently announced AED6 billion waterfront destination on Yas Island's northern shore. Sales of the project's residential units are set to commence on 29th July. The development comprises 592 apartments across six mid-rise buildings, offering studios and one-, two- and three-bedroom apartments. The community also features more