Knight State

: DUBAI SOUTH SELLS OUT SOUTH LIVING PROJECT AMID HIGH DEMAND FOR SPACIOUS UNITS

Dubai South Properties has announced the complete sell-out of South Living Tower, a luxury apartment development in The Residential District at Dubai South. Construction is already in progress, following the appointment of the main contractor in September. Expected to be completed by Q1 2027, the project comprises 209 units, including studios, one-, two-, and three-bedroom apartments, and unique terraced units that blend indoor and outdoor living. Residents will enjoy a wide range of amenities, such as a swimming pool, a state-of-the-art gym, a sauna, a kids’ library, a yoga deck, BBQ areas, and artistically landscaped gardens designed to provide an oasis of modern comfort.

Nabil Al Kindi, CEO of Dubai South Properties, emphasized the overwhelming interest from buyers, attributing it to the project's spacious units, strategic location, and contemporary amenities. He also highlighted Dubai South's growing potential as a desirable residential hub aligned with the government’s vision of attracting one million residents to the area following the completion of Al Maktoum International Airport. The project is a testament to the company's dedication to delivering developments that resonate with client preferences while contributing to the emirate’s ambitious urban expansion goals.

: JADWA INVESTMENT INKS $2.4BLN SAUDI REAL ESTATE PROJECT DEALS

Jadwa Investment, a prominent investment management and advisory firm in the Middle East, has awarded contracts valued at SAR 9 billion ($2.4 billion) to meet the rising demand for high-quality residential, commercial, and mixed-use developments in Saudi Arabia. These agreements, signed during the Cityscape Global 2024 event in Riyadh, involve partnerships with key developers such as the Real Estate Development Fund (REDF), Dar Al Majed Company, and Zood Real Estate. The projects align with Jadwa’s vision of supporting Riyadh’s transformation into a global economic and cultural hub.

Headquartered in Riyadh with three regional offices, Jadwa Investment manages over SAR 90 billion ($24 billion) in client assets. Its diverse clientele includes government entities, institutional investors, family offices, and high-net-worth individuals. By undertaking these ambitious projects, Jadwa continues to solidify its role in shaping the kingdom’s dynamic urban and economic landscape.

: OCTA PROPERTIES & ELIE SAAB LAUNCH BEACHFRONT PROJECT ON RAK ISLAND

OCTA Properties, in collaboration with the iconic fashion and lifestyle brand Elie Saab, has announced the launch of La Mer by Elie Saab, a luxury residential project located on Al Marjan Island in Ras Al Khaimah. Developed by ARTE Developments, this exclusive development features three beachfront towers connected through multiple levels and dual lobbies. The project includes 355 residences ranging from 874 to 14,484 square feet, offering options from one-bedroom apartments to chalets, villas, and nine expansive penthouses designed to showcase Elie Saab’s signature style. Each residence is elevated with furniture pieces from the Elie Saab Maison collection, offering a sophisticated living experience.

Residents at La Mer by Elie Saab can enjoy an extensive range of world-class amenities. These include a dedicated kids’ club, indoor and outdoor pools, spas for both men and women, and a state-of-the-art gym. The development also features unique spaces such as Serenity Park, Signature Lounge, and the Link Garden, providing beautifully landscaped areas for relaxation. On the 18th floor, residents can indulge in the Sky Gym, Sky Lounge, Sky Co-working Space, and a stunning Sky Pool & Deck spanning over 7,522 square feet, ensuring a seamless integration of luxury, leisure, and lifestyle.

: REEF LUXURY DEVELOPMENTS TO UNVEIL BOUTIQUE PROJECT IN DUBAI

UAE-based Reef Luxury Developments has announced the launch of Reef 1000, a boutique residential project within the Dubai Land Residential Complex. This AED175 million development is set to transform the luxury housing market, featuring 125 unique homes with a variety of floor plans. Options range from studio units in four layouts, one-bedroom units in eight variations, and two-bedroom units in six styles, to exclusive duplex townhouses available in four configurations.

Reef 1000 offers residents an array of premium amenities, including a patented, climate-controlled sunken garden designed for outdoor enjoyment even in the UAE’s hot climate. This innovative feature marks a significant advancement in real estate design, providing a comfortable space for relaxation and socializing, regardless of the weather. The sunken garden concept sets a new standard for luxury living in the UAE, blending practical solutions with modern comfort.

: LEOS UNVEILS THEIR LATEST LUXURIOUS RESIDENTIAL PROJECT IN DUBAI

LEOS Developments, a renowned British real estate developer, has introduced Kensington Gardens, a luxury residential community in Dubai. This development combines British craftsmanship with modern, forward-thinking design, creating an elegant living environment. Kensington Gardens offers a range of upscale residences, including 3-5 bedroom townhouses and spacious 6-7 bedroom villas, each featuring smart home systems, hydroponic vertical gardens, and eco-friendly additions like solar water heating and LED lighting.

Drawing inspiration from the timeless beauty of crystal, Kensington Gardens reflects LEOS Developments’ commitment to luxurious, sustainable living. Villas come with private pools and elevators, enhancing comfort and privacy for residents seeking tranquility. The project includes eco-conscious features like rainwater harvesting, green roofs, and electric vehicle charging stations, alongside a 10-year warranty on waterproofing. This community has been thoughtfully designed to elevate residents’ quality of life in Dubai’s vibrant green oasis.

: RAK PROPERTIES LAUNCHES FINAL PHASE OF QUATTRO DEL MAR

RAK Properties has announced the release of the final phase of Quattro Del Mar, a premier waterfront project in Mina Al Arab. This launch follows a successful project debut in 2024 and the rapid sell-out of previously available units, underscoring the high demand for this exclusive residential offering.

As part of RAK Properties' flagship community in Mina Al Arab, Quattro Del Mar embodies the vision of urban island living, featuring a diverse array of residences including studios, one-bedroom apartments, expansive Sky Duplexes, and Garden Townhouses. Residents are offered a unique lifestyle with premium amenities and convenient access to the Nikki Beach Resort & Spa, enhancing the community’s appeal as a vibrant island destination.

: QUBE UNVIELS 419-UNIT RESIDENTIAL PROJECT IN DUBAI STUDIO CITY

Qube Development, a prominent international real estate developer with three decades of experience, has launched off-plan sales for its newest residential project, Arisha Terraces, located in Dubai Studio City. This is Qube’s third project in their growing AED2.6 billion ($708 million) portfolio, which now includes 419 units across four low-rise buildings, featuring 122 distinct apartment layouts and a mix of studios, one-bedroom, and two-bedroom apartments.

Inspired by the Arabic word "Arisha," meaning pergolas, the project emphasizes a harmonious relationship with nature, incorporating eco-friendly features. These include rooftop solar panels to lower energy consumption and costs, along with filtered, drinkable tap water available in each unit and common area, helping reduce plastic waste. Qube aims to deliver a sustainable living environment that prioritizes both environmental responsibility and resident convenience.

: POB1 UNVEILS 222-UNIT RESIDENTIAL PROJECT IN DUBAI SILICON OASIS

POB1 Properties, the latest real estate development arm of Saif Al Ghurair Real Estate Group (SAGRE), has launched its first project, *Serenova*. Located in Dubai Silicon Oasis, this community-centric residential development is a $56 million investment set to provide a blend of modern comfort and tranquility across 7,850 sqm. With a focus on meeting the lifestyle needs of families and young professionals, *Serenova* is scheduled for completion in Q2 2027.

The development will feature 222 units, including studios, one- to three-bedroom apartments, premium two-bedroom units, and exclusive four-bedroom penthouses. Designed with open spaces and panoramic views of Dubai’s skyline, *Serenova* emphasizes both privacy and comfort, reflecting a thoughtful architectural approach that accommodates flexible, forward-thinking living spaces.

: SAUDI SAMLA TRADE LAND IN MATROUH FOR PLOTS IN NEW CAIRO WITH ALM EL ROOM

The New Urban Communities Authority (NUCA) has officially signed a contract with the Saudi real estate firm Samla and Alm El Room Urban Development Company to exchange approximately 949 feddans of land in the Alm El Room area of Matrouh for two plots in New Cairo. This agreement will allow the firm to acquire 97 feddans located south of Madinaty, as well as 380.34 feddans south of the Katameya-Ain Sokhna road.

This signing is part of the country's broader efforts to address outstanding disputes involving Arab and foreign investors, as well as to encourage foreign direct investments (FDIs), according to Assistant Minister of Housing Waleed Abbas. The initiative reflects a commitment to enhancing the investment climate in Egypt and fostering economic growth through collaborative development projects.

: REAL ESTATE MARKET SEES STRONG ACTIVITY IN OCTOBER

During the first ten days of October, Kuwait recorded 184 real estate transactions valued at approximately KD 131.97 million, according to statistics from the Real Estate Brokers Union. The private real estate sector dominated in both deal numbers and value, accounting for 75.5% of the transactions with 139 deals totaling KD 65.22 million. This represented 49.4% of the total transaction value during this period. The investment real estate sector followed, with 38 deals worth KD 33.22 million, while the commercial sector secured third place with four deals totaling KD 26.2 million. The crafts and exhibition sectors closed the list, recording two deals worth KD 2.53 million and one deal valued at KD 4.8 million, respectively.

Ahmadi Governorate saw the highest number of real estate transactions with 60 deals, 42 of which were in the private sector and 18 in the investment sector. The Capital Governorate followed with 35 deals across the private, investment, and commercial sectors. Farwaniya ranked third with 28 deals, while Hawally had 26 deals primarily in the private and investment sectors. Mubarak Al-Kabeer and Jahra followed with 18 and 17 deals, respectively, contributing to the overall dynamic of Kuwait's real estate market.

: NAKHEEL UNVEILS 296-UNIT BEACHFRONT DEVELOPMENT IN DUBAI ISLANDS

Nakheel, part of Dubai Holding Real Estate, has unveiled Bay Grove Residences, the newest addition to its luxury beachfront offerings at Dubai Islands, a premier destination for high-end living, entertainment, and tourism. The development offers residents a unique experience of promenade living, combining urban sophistication with the beauty of waterfront surroundings. Bay Grove Residences is connected by a lush green podium and infinity pool, featuring four buildings with a range of one-, two-, and three-bedroom apartments, as well as four-bedroom duplexes and penthouses.

The project, comprising 296 units, is now open for buyers seeking an exclusive beachfront lifestyle. Residents can enjoy stunning views of pristine shores, while the modern apartments are set around a tranquil podium garden with peaceful walkways and shaded seating areas. With a raised ocean pool that enhances the relaxing atmosphere, Bay Grove Residences offers a harmonious blend of luxurious, modern living and serene natural beauty.

: RAQ DEVELOPMENT LAUNCHES $123MLN RESIDENTIAL PROJECT IN 10th OF RAMADAN CITY

RAQ Development has launched its Zawat Residence project in 10th of Ramadan City, covering 20 feddans with investments exceeding EGP 6 billion. The project offers a variety of competitive advantages designed to meet the diverse needs and preferences of its customers. This strategic development is expected to enhance the real estate landscape of the city, catering to different segments of buyers.

According to Chief Commercial Officer Ahmed El-Badry, the project will be completed in multiple phases. Impressively, over 40% of the first phase units were sold within six hours of the launch and reservation opening. El-Badry emphasized that the company’s name, derived from the concept of elegance, reflects its core philosophy of delivering high-quality developments.