The transaction marks Aldar’s first real estate investment in the emirate and expands its develop-to-hold pipeline to AED21 billion. The transaction will add more than 1,100 units to Aldar’s portfolio, with the assets to be delivered by Arada in Q4 2029.

Building on the recently announced AED15 billion development partnership between Aldar and Arada, the transaction provides Aldar with access to Sharjah’s large and growing residential market through an established integrated community. The investment also broadens Aldar’s geographic exposure while adding a high-quality residential opportunity with attractive long-term fundamentals.

Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said the investment in Aljada marks the group’s entry into Sharjah’s residential market and expands its portfolio of rental properties, in line with its “develop-and-hold” strategy. He added that Aldar looks forward to further strengthening its partnership with Arada.

Ahmed Alkhoshaibi, Group Chief Executive Officer of Arada, said: “This transaction is a strong vote of confidence in both Aljada and the Sharjah residential market more broadly. This investment marks another step in our growing partnership with Aldar, and we look forward to identifying further opportunities to work together across sectors.”

Aljada is a leading mixed-use master development in Sharjah, spanning 2.2 million sqm and expected to comprise approximately 25,000 residential units at full build-out, with an anticipated gross sales value of AED35 billion.

Residential handovers have been underway since 2021, with over 8,800 units delivered across multiple districts.

The community is supported by completed lifestyle, hospitality, education and retail infrastructure, including the Madar family entertainment district, two international schools, two hotels, the Nest student housing complex and more than 300,000 sq ft of occupied retail space.

The community is within easy reach of Sheikh Mohamed bin Zayed Road and Al Dhaid Road, seven minutes from Sharjah International Airport and around 20 minutes from Dubai International Airport, providing strong connectivity to both Sharjah and Dubai.

The post Aldar Acquires Nine Residential Buildings In Sharjah For AED1.1 Billion first appeared on Abu Dhabi Property Guide.

Published today, the index provides insight into the locations best placed to attract and retain the next generation of high-net-worth individuals, identified as those under 40 who have recently made, or inherited, their wealth. The report analyses over 100 destinations across four overarching metrics: business, governance and connectivity; wealth clusters and local environment; wealth management and taxation; and lifestyle.

“An estimated US$84 trillion is expected to transfer between generations over the next two decades,” comments Kelcie Sellers, associate director, Savills World Research. “As this wealth passes to a younger, more globally mobile and digitally connected generation, priorities are evolving, with lifestyle, education, wellness, and personal values increasingly influencing where they choose to live, invest and establish their business.”

Both cities combine favourable tax environments, business-friendly policies and significant infrastructure investment with a sophisticated luxury offering. Dubai’s entrepreneurial ecosystem, global connectivity and lifestyle appeal continue to attract international talent and capital, while Abu Dhabi complements this with its growing financial centre, a rising number of family offices, expanding economic opportunities and a high quality of life.

Lifestyle is a key differentiator across EMEA, and Dubai stands out. Alongside London, it hosts the highest number of prestige sporting events each year of the locations analysed, including major golf tournaments and ATP tennis, while Abu Dhabi hosts Formula 1 and major golf events.

“Dubai and Abu Dhabi’s place in the global top 10 reflects how the UAE’s proposition has evolved to meet the priorities of the next generation of wealth,” comments Rachael Kennerley, director, research, Savills Middle East. “Dubai’s entrepreneurial ecosystem and connectivity continue to draw international talent and capital, while Abu Dhabi’s growing financial centre and family office community add depth to the region’s wealth management offer. Across the GCC, succession planning is becoming more prominent, with families placing greater focus on governance, next-generation involvement and the long-term deployment of capital within the region.”

Globally, New York tops the index, followed by Miami, London, San Francisco and Los Angeles. London leads the EMEA rankings, while Singapore is the highest-ranking Asia Pacific location, in sixth place. Markets across EMEA account for 16 of the global top 30, spanning global financial centres, coastal markets and Alpine destinations.

Looking ahead, the report highlights the UAE as one of the dynamic economies attracting attention through strong wealth creation, infrastructure investment and improving lifestyle credentials. Changing preferences around lifestyle, wellness, privacy, education and global connectivity are also supporting demand for branded residences, wellness-led developments and turnkey properties that allow globally mobile buyers to move seamlessly between homes and jurisdictions.

The post Dubai And Abu Dhabi Rank Among The World’s Top 10 Hubs For Next-Generation Wealth, New Savills Analysis first appeared on Abu Dhabi Property Guide.

Located along Yas Canal, adjacent to Yas Island, the development spans 1.67 million square metres and will feature more than 2,000 residences. The world’s first Manchester City-branded residential community has already broken ground, with phased delivery scheduled by 2029.

In a video appearance by Manchester City star Erling Haaland, he announced that he was excited to be joining the Ohana family as a proud homeowner with a five-bedroom villa for his family at Manchester City Yas Residences by Ohana. Additionally, Manchester City legend, Alfie Haaland also picked up the keys to his new home in the community.

Pep Guardiola also appeared on stage for a discussion exploring teamwork, resilience and the importance of sport and wellbeing beyond football.

Husein Salem, CEO of Ohana Development, said: “The response to our first phase demonstrated the confidence buyers place in Abu Dhabi and our vision for Manchester City Yas Residences by Ohana. Phase 2 builds on that momentum, offering more families and investors the opportunity to become part of this unique community. Welcoming Pep Guardiola as our official brand ambassador further reinforces our commitment to creating a residential destination centred on sport, wellbeing and lasting value.”

Pep Guardiola said: “In professional sport, we understand that performance depends on more than training. Recovery, balance and wellbeing are just as important, and those principles matter in everyday life too. Manchester City Yas Residences by Ohana places sport and wellness at the heart of the community, giving residents opportunities to stay active, recharge and spend time together. That approach is what makes the project particularly appealing to me, and I am pleased to join Ohana Development as its official brand ambassador for this unique community.”

For more information on Ohana Development, please visit https://ohana.ae/.

*Source: AETOSWire

The post Ohana Development Announces Erling Haaland As A Proud Homeowner At Manchester City Yas Residences By Ohana, During Phase 2 Launch first appeared on Abu Dhabi Property Guide.

An on-site groundbreaking ceremony in Meydan Horizon was attended by senior leadership and key project partners, celebrating the official start of construction. Scheduled for handover in Q1 2029, Rove Home Meydan Horizon represents the first residential collaboration between ALAIN and Rove Hotels, combining ALAIN’s real estate expertise with Rove’s distinctive approach to connected, community-focused living.

The 19-storey development will comprise 190 stylish, fully furnished one- and two-bedroom apartments. Each home is designed with smart layouts, modern finishes, and vibrant Rove-inspired interiors that emphasise flexibility and functional living. Situated in the emerging Meydan Horizon district in MBR City, the project is anchored by a two-kilometre lagoon and offers a balanced blend of waterfront living and green spaces, with convenient access to Downtown Dubai, DIFC and Dubai Creek Harbour via the city’s major road networks.

Residents will have access to an extensive suite of curated, hospitality-inspired amenities. These include a co-working lounge, a Rove Café, state-of-the-art gym, yoga studio, an outdoor cinema, swimming pool, jogging track and multi-purpose exercise zones, all designed to foster a strong sense of wellness, balance and community connection.

Khaled Al-Khoori, Managing Director of ALAIN, said: “Rove Home Meydan Horizon marks ALAIN’s third groundbreaking this year, reflecting the scale of our development activity and our continued commitment to delivering distinctive residential communities. As demand for high-quality branded residences continues, our partnership with Rove Hotels allows us to bring a distinctive and energetic approach to modern living—delivering long-term value for investors while creating a vibrant, well-connected community for residents.”

Paul Bridger, Head of Rove Hotels, added: “Our partnership with ALAIN brings together a shared vision for modern living. Rove Home Meydan Horizon is designed to offer more than just a place to live, with an extensive range of amenities in one of Dubai’s well-connected neighbourhoods, creating a vibrant residential community that reflects the energy and lifestyle of its future residents. With construction now officially underway, we look forward to seeing this vision take shape.”

This construction milestone reinforces ALAIN’s commitment to disciplined execution and strategic partnerships that support Dubai’s long-term urban growth.

For more information, visit alainam.ae.

The post ALAIN And Rove Hotels Break Ground On Rove Home Meydan Horizon In Dubai first appeared on Abu Dhabi Property Guide.

Following the successful completion of enabling works, construction is scheduled to commence in October 2026, with a 27-month programme targeting completion in December 2028. Under the AED800 contract, Fibrex will undertake the project’s main construction works, progressing Seamont Autograph Collection Residences into its next phase of delivery.

Located on Al Reem Island, Seamont Autograph Collection Residences has been conceived as a distinctive waterfront destination where contemporary architecture, Marriott’s Autograph Collection standards, and thoughtfully curated residential experiences come together. Inspired by its mangrove setting and framed by the backdrop of Saadiyat Island’s cultural district, the development has been designed to create a distinctive sense of place that reflects Abu Dhabi’s evolving luxury residential landscape.

Tariq Nazzal, CEO of Royal Development Holding, said: “The award of the main works contract marks one of the most significant milestones in the delivery of Seamont Autograph Collection Residences, taking the project into full-scale construction. Together with our partners at SAAS Properties, we are committed to delivering a development that reflects a shared vision for quality, design excellence and long-term value. As Royal Development Holding continues to expand its portfolio of branded residences, our strategy remains focused on partnering with globally recognised brands and industry-leading specialists to create exceptional destinations with confidence. The appointment of Fibrex reflects our collective commitment to disciplined execution and to delivering Seamont Autograph Collection Residences to the highest standards.”

Ahmed Bin Mohammed Al Qassimi, Chief Executive Officer, SAAS, said: “Delivering our projects on time while maintaining the highest standards of quality has always been central to how we operate. For Seamont Autograph Collection Residences, we share a clear vision with Royal Development Holding and Marriott’s Autograph Collection to deliver a project that reflects the highest standards of design, quality and residential experience. Selecting the right construction partner is essential to achieving that vision, and we believe Fibrex brings the experience and capabilities needed to deliver on our commitments while maintaining the standards expected of a development of this calibre.”

Sufyan Saleh, Managing Director, Fibrex LLC “We value the confidence Royal Development Holding and SAAS Properties has placed in Fibrex. Seamont Autograph Collection Residences is a significant undertaking, and we bring to it the depth of experience and technical capability required to deliver a development of this nature. As construction begins, our commitment is to execute the project with the discipline, quality and attention to detail it demands.”

The appointment reinforces Royal Development Holding’s commitment to project delivery, prioritising experienced partners who uphold the highest standards of quality, safety, and technical excellence throughout every stage of development.

The post Royal Development Holding, SAAS Properties Award AED800 Million Main Works Construction Contract To Fibrex LLC first appeared on Abu Dhabi Property Guide.

The Abu Dhabi Real Estate Broker Transformation Course aims to standardise professional competencies, strengthen brokers’ regulatory knowledge and advisory skills, and prepare them to act as trusted real estate advisors, improving the quality of services provided to investors and other market participants.

Under the partnership with Mawaheb, a comprehensive training programme will prepare 60 Emirati nationals to obtain the licences required to practise real estate brokerage. Memoranda of understanding signed with ThinkProp and ADSM cover the delivery and joint development of broker training programmes and accredited courses leading to ADREC professional certification.

Replacing the previous broker course, the new curriculum forms part of ADREC’s strategic initiative to improve service quality and raise professional standards across Abu Dhabi’s real estate sector.

The initiative comes amid continued growth in the emirate’s property market. According to ADREC’s H1 2026 real estate transactions report, Abu Dhabi recorded AED117 billion in real estate transactions during the first half of 2026, up 112 percent year-on-year.

Over the same period, ADREC issued 2,040 licences for real estate professionals, an increase of 34 percent, while the number of licensed real estate brokers reached 3,302.

As the market expands and attracts more international investors, consistent professional standards are increasingly important to maintaining service quality and strengthening investor confidence.

Tailored to Abu Dhabi’s regulatory framework, the curriculum was developed by a committee of senior local and international real estate brokers and experts, drawing on recognised international standards and professional qualifications.

It combines legal and regulatory knowledge, operational expertise, professional ethics and market practices with practical training, including a comprehensive property transaction simulation and a final assessment of participants’ professional readiness.

Successful candidates will receive the ADREC Certified Broker credential, which must be renewed annually to reflect changes in the emirate’s real estate laws and regulations.

Rashed Al Omaira, Director General of ADREC, said developing professional standards was central to the centre’s regulatory responsibilities and its efforts to keep pace with the market’s rapid growth.

He noted that brokers are often investors’ first point of contact with the sector and that the quality of their advice directly influences the investment experience.

Al Omaira said the new curriculum establishes a clear, consistent standard of regulatory knowledge and professional conduct for all licensed brokers in Abu Dhabi, preparing them to serve as trusted advisors to their clients.

He added that partnerships with ThinkProp, ADSM and Mawaheb would help attract new talent to the profession while enabling existing brokers to continue developing their skills and expertise.

The training programme will begin with an open day, followed by a one-week course and three months of practical training with nine leading organisations in the real estate sector.

Participants will receive support to meet Abu Dhabi’s professional accreditation requirements, with potential employment opportunities upon successful completion.

The programme also supports the UAE’s Emiratisation objectives by providing national talent with a practical pathway into a growing and strategically important economic sector.

Ibrahim Nasser, Undersecretary of DGE, said the Real Estate Brokerage Programme reflects the Abu Dhabi Government’s commitment to advancing Emiratisation by connecting national talent with sectors requiring specialised professional skills.

He added that cooperation between government and private-sector partners would help Emiratis enter a strategically important sector, contribute to Abu Dhabi’s economic development and build sustainable careers in real estate.

Dr. Marc Poulin, Acting President of ADSM, said the partnership with ADREC would connect academic teaching with professional standards that meet the real estate market’s requirements, while supporting the sector’s development through applied research.

Wajdi Ghoussoub, Interim General Manager and CEO of ADRES – ThinkProp, said the company’s role as an ADREC-approved real estate training provider was to translate the new curriculum into practical programmes that equip brokers to meet current market requirements.

He added that the partnership would focus on developing brokers’ regulatory knowledge and advisory skills, enabling them to deliver the professional services expected by their clients.

The post Abu Dhabi Real Estate Centre Launches Broker Training Curriculum first appeared on Abu Dhabi Property Guide.

An Integrated Vision for Coastal Living

Eco Life presents an integrated vision for a coastal destination centred on a yacht marina and waterfront, combining hospitality facilities, villas, residential complexes and entertainment, alongside internal lakes and water features surrounded by buildings and units overlooking the water. The design places the sea and water at the heart of the destination’s experience and lifestyle.

Syrian Minister of Tourism Mazen Al-Salhani said the current concept represents the project’s initial vision, which will continue to evolve during the design phase. He noted that construction is targeted to begin within around five to six months, once the plans, procedures and land handover are complete.

A Broader Economic Impact

Al-Salhani said the project’s most significant impact will be the economy that grows around the destination, from hotels, restaurants, entertainment, transport and events to suppliers, entrepreneurs, services and local businesses, making tourism investment a driver of broader economic activity and giving surrounding communities a greater role in, and benefit from, the growth of tourism.

Initial official estimates indicate that the Latakia project could generate more than 40,000 direct and indirect jobs, including over 10,000 permanent positions. Al-Salhani said that working with international investors and expertise also opens the door to knowledge transfer, capacity building and developing the skills of Syrian talent in hospitality and destination management.

The Syrian coast has a diverse base for developing tourism products that combine the sea, mountains, nature, cultural heritage, cities, villages and local experiences. Developing integrated destinations can extend the tourism season, diversify the reasons for visiting, and strengthen the region’s ability to attract investment and different tourism segments.

The project’s development comes as the Ministry of Tourism works to convert rising tourism demand into investment, capacity and new products and experiences, with a central role for the private sector in construction, operations and innovation, supporting a broader economy led by growth in the tourism sector.

The post Latakia Unveils Eco Life, A Project Developed By Eagle Hills Expected To Create 40,000 Jobs first appeared on Abu Dhabi Property Guide.

Following the successful completion of enabling works, construction is scheduled to commence in October 2026, with a 27-month programme targeting completion in December 2028. Under the contract, Fibrex will undertake the project’s main construction works, progressing Seamont Autograph Collection Residences into its next phase of delivery.

Located on Al Reem Island, Seamont Autograph Collection Residences has been conceived as a distinctive waterfront destination where contemporary architecture, Marriott’s Autograph Collection standards, and thoughtfully curated residential experiences come together. Inspired by its mangrove setting and framed by the backdrop of Saadiyat Island’s cultural district, the development has been designed to create a distinctive sense of place that reflects Abu Dhabi’s evolving luxury residential landscape.

Tariq Nazzal, CEO of Royal Development Holding, said: “The award of the main works contract marks one of the most significant milestones in the delivery of Seamont Autograph Collection Residences, taking the project into full-scale construction. Together with our partners at SAAS Properties, we are committed to delivering a development that reflects a shared vision for quality, design excellence and long-term value. As Royal Development Holding continues to expand its portfolio of branded residences, our strategy remains focused on partnering with globally recognised brands and industry-leading specialists to create exceptional destinations with confidence. The appointment of Fibrex reflects our collective commitment to disciplined execution and to delivering Seamont Autograph Collection Residences to the highest standards.”

Ahmed Bin Mohammed Al Qassimi, Chief Executive Officer, SAAS, said: “Delivering our projects on time while maintaining the highest standards of quality has always been central to how we operate. For Seamont Autograph Collection Residences, we share a clear vision with Royal Development Holding and Marriott’s Autograph Collection to deliver a project that reflects the highest standards of design, quality and residential experience. Selecting the right construction partner is essential to achieving that vision, and we believe Fibrex brings the experience and capabilities needed to deliver on our commitments while maintaining the standards expected of a development of this calibre.”

Sufyan Saleh, Managing Director, Fibrex LLC “We value the confidence Royal Development Holding and SAAS Properties has placed in Fibrex. Seamont Autograph Collection Residences is a significant undertaking, and we bring to it the depth of experience and technical capability required to deliver a development of this nature. As construction begins, our commitment is to execute the project with the discipline, quality and attention to detail it demands.”

The appointment reinforces Royal Development Holding’s commitment to project delivery, prioritising experienced partners who uphold the highest standards of quality, safety, and technical excellence throughout every stage of development.

The post Royal Development, SAAS Award AED 790mln Seamont Contract To Fibrex first appeared on Abu Dhabi Property Guide.

The release builds on Mubadala and Rosewood’s long-standing partnership, which led to the opening of Rosewood Abu Dhabi on Al Maryah Island in 2013. As master developer and long-term steward of Al Maryah Island, Mubadala has played a central role in shaping the island’s evolution into an integrated business and lifestyle destination, working with leading global partners such as Rosewood to bring distinctive hospitality, residential and lifestyle offerings to the island.

Managed by Rosewood Hotel Group, residents will have privileged access to Rosewood Abu Dhabi’s celebrated dining and wellness experiences, including Majlis by Pierre Hermé, Dai Pai Dong, Hidden Bar, Sense, A Rosewood Spa, a temperature-controlled pool, and 24-hour fitness center.

Residential ownership also includes a dedicated suite of services, including concierge, valet, building management and 24-hour security. Tailored in-residence offerings, including housekeeping, private dining, butler service and floral arrangements, are available upon request and subject to applicable charges.

Jenni Benzaquen, Senior Vice President, Residential, Global, said: “Since opening on Al Maryah Island, Rosewood Abu Dhabi has been defined by the relationships we build with our guests and the sense of belonging we create. With the introduction of these residences for private ownership, we are extending that experience beyond a visit, offering owners the opportunity to become part of a longstanding community shaped by thoughtful service, meaningful connections, and the warmth of Rosewood hospitality every day.”

Ali Eid AlMheiri, Executive Director, Diversified Assets, UAE Investments Platform at Mubadala, said: “Our partnership with Rosewood has been part of Al Maryah Island’s evolution for more than a decade, contributing to the world-class hospitality and lifestyle offering that has developed across the destination.”

“The release of these residences for private ownership represents a natural next step for Rosewood Abu Dhabi and adds to the growing residential proposition on Al Maryah Island. It also reflects Mubadala’s long-term approach to creating and growing high-quality assets and destinations that contribute to Abu Dhabi’s continued development and attract investment from the UAE and internationally.”

“As Al Maryah Island enters its next phase of growth, we remain focused on working with leading partners to create long-term value and further strengthen the island as a destination to live, work, visit and invest.”

The release comes as Al Maryah Island enters its next phase of growth, further strengthening its position as one of the region’s leading financial and lifestyle hubs. Over the past 15 years, the island has developed into an integrated destination bringing together international business, luxury hospitality, retail, healthcare, dining and an expanding residential offering.

As master developer of Al Maryah Island, Mubadala continues to shape the island’s long-term development. Together with Aldar and other leading partners, Mubadala is advancing its next phase of growth, introducing new residential, commercial, retail and hospitality offerings that will further reinforce Al Maryah Island as Abu Dhabi’s premier business and lifestyle destination.

Abu Dhabi’s real estate market continues to see strong momentum, with transactions reaching AED 117 billion in the first half of 2026, up 112 per cent year-on-year. International demand also accelerated, with foreign direct investment reaching AED 13.8 billion, up 309 per cent, and investors from 116 nationalities active in the market.

As a designated investment zone, Al Maryah Island is home to ADGM, Abu Dhabi’s international financial center, alongside The Galleria, Cleveland Clinic Abu Dhabi, Four Seasons Hotel Abu Dhabi and Rosewood Abu Dhabi, creating a fully integrated destination at the heart of the capital.

The post Rosewood Abu Dhabi To Offer Limited Collection Of Completed Residences For Private Ownership On Al Maryah Island first appeared on Abu Dhabi Property Guide.

The launch ceremony brought together Ahmed Al Qassimi, CEO of SAAS Properties, and Jaidev Menezes, Regional Vice President – Mixed-Use Development, Europe Middle East and Africa of Marriott International.

With construction already underway and handover anticipated in the second quarter of 2030, the launch marks another significant milestone in SAAS Properties’ growing portfolio of luxury developments across the UAE.

Set along Al Maryah Island’s waterfront canal, the tower combines sculptural elegance with meticulous architectural detailing. Emerging from a landscaped podium featuring family-focused amenities and resort-inspired spaces, the development has been carefully designed to offer residents a seamless balance between privacy, wellbeing and connectivity.

The building was designed by renowned architect Shaun Killa, Founder and Design Director of Killa Design, whose more than 29 years of international experience have shaped some of the region’s most recognisable architectural landmarks.

The interiors are conceived by acclaimed British designer Tara Bernerd, Founder and Creative Director of Tara Bernerd & Partners, renowned for her global portfolio of luxury hospitality and residential projects. The Ritz-Carlton Residences, Al Maryah Island marks her first project in the Middle East.

The development comprises an exclusive collection of 165 private homes, including one- to four-bedroom simplex residences, duplexes residences, as well as a signature penthouse residence at the pinnacle of the collection.

Residents will have access to a state-of-the-art gym and spa, indoor and outdoor swimming pools, an executive golf lounge, a co-working lounge and boardroom, a cinema, landscaped spaces and dedicated areas for families, all supported by The Ritz-Carlton’s renowned service.

Commenting on the launch, Ahmed Al Qassimi, CEO of SAAS Properties, said: “ Al Maryah Island is one of Abu Dhabi’s most important destinations. We set out to create a residence worthy of it, pairing exceptional design and quality with The Ritz-Carlton’s renowned service.”

Jaidev Menezes, Regional Vice President – Mixed-Use Development, Europe Middle East and Africa of Marriott International added: “We are delighted to further strengthen our relationship with SAAS Properties through the launch of The Ritz-Carlton Residences, Al Maryah Island, Abu Dhabi. This development embodies The Ritz-Carlton brand’s commitment to exceptional service, timeless elegance and memorable residential experiences.”

At LIVEX 2026, SAAS Properties also showcased a selection of its residential and mixed-use portfolio, including The St. Regis Residences, Al Maryah Island.

The post SAAS Properties Launches The Ritz-Carlton Residences, Al Maryah Island At LIVEX 2026 first appeared on Abu Dhabi Property Guide.