by luna-admin 
From innovative city developments to luxurious residential towers, September saw a surge in new projects across the Middle East
As we enter the final quarter of 2024, the Middle East is experiencing a noticeable uptick in project launches, signaling a strong push to capitalise on the year’s momentum before it comes to a close.
This month, the spotlight was on several major developments that cater to a diverse range of needs, from urban living solutions to futuristic infrastructure.
While September’s project lineup spans various sectors, there has been a distinct emphasis on residential developments. This trend likely stems from an increasing demand for housing as more expatriates and nationals settle into the region, particularly in cities like Dubai, Riyadh, and Abu Dhabi, which continue to attract global talent and investment.
Some of the developers that took the spotlight this last month include Dar Global, One Development, SOL Properties, Danube Properties, Meraas, Binghatti Properties and many more.
1. Ellington Properties: Playa Del Sol
Type: Coastal retreat
Features: Private jetty yacht, clubhouse, children’s play area, squash court, yoga studio, and spa facilities
Dubai developer Ellington Properties has announced the launch of Playa Del Sol, its second residential project on Al Marjan Island and fourth in Ras Al Khaimah.
The development is scheduled for completion in the fourth quarter of 2027, following the success of its previous project, Cala Del Mar.
Playa Del Sol aims to offer residents a blend of serene surroundings and curated lifestyles, positioned as a unique seaside retreat. The development, located adjacent to the Wynn Resort, features a range of residential options, including studios, 1, 2, and 3-bedroom apartments, as well as 3-bedroom duplexes, 4-bedroom penthouses, and a 4-bedroom villa.
Click here to read more.
2. Dar Global, Mouawad: Exclusive residential project
Value: $235 million
Details: To house 200 luxury villas
Scheduled completion: Q4 2026
Dar Global, a London Stock Exchange-listed international real estate firm, has formed a landmark partnership with luxury jeweller Mouawad to launch an exclusive SAR 880 million (GBP 180 million) residential project in North Riyadh, near the World Expo 2030 site.
This high-profile collaboration marks Dar Global’s first foray into the Saudi market, a significant step in its international expansion journey. For Mouawad, the project represents its entry into the luxury residential sector, leveraging its renowned craftsmanship to explore new horizons.
Scheduled for completion in Q4 2026, the development will feature 200 luxury villas, establishing itself as one of Riyadh’s most prestigious addresses.
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3. LMD: The Pier Residences
Type: Luxury residential project
Value: $204 million
Features: Padel court, Jogging and walking tracks, lounge, and children’s play area.
LMD, a renowned real estate developer with a global footprint in Spain, Greece, and Egypt, has announced the launch of its latest project, The Pier Residence, in Dubai Maritime City.
With an investment of AED750 million ($204 million), the development will feature 274 luxury residences, including one-, two-, and three-bedroom apartments, with select units offering private pools. The project is expected to be completed by Q2 2027.
The Pier Residence promises a refined lifestyle, blending modern elegance with top-tier design finishes. Residents will enjoy stunning views of the Arabian Gulf and the iconic Downtown Dubai skyline. Its prime location within Dubai Maritime City provides easy access to key areas like Downtown Dubai and Jumeirah, making it an ideal choice for those seeking connectivity and convenience.
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4. One Developments: Residential project
Value: $544.5 million
Features: AI-based proptech integration
Boutique real estate developer One Developments has launched a a flagship project worth $544.5 million (AED2 billion) in Dubai’s City of Arabia.
Located along Sheikh Mohamed bin Zayed Road in City of Arabia, the project will include AI-based proptech integration, according to Chairman Ali Al Gebely.
Speaking on the announcement of the launch, company Chairman, Ali Al Gebely, who brings over 20 years’ experience across multiple sectors, said: “ONE Development embodies the inspiration of the UAE’s ambition and unique environment. With a well-defined vision for growth, our mission is to become a key major player in the real estate industry.
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5. Alphabeta Properties: Q-East
Type: Upscale mixed-use development
Features: Fitness centre, luxury cinema, boutique bistro, food hall, arcade, podcast recording studio, and large event hall
Real estate developer Alphabeta Properties has announced the launch of a new flagship development in Dubai’s Al Quoz area.
Named Q-East, the project is a modern, upscale community that blends luxury, innovation, and community-centric design in the historically industrial and creative district.
The project includes a mix of residential, commercial and retail spaces. The first phase of Q-East is expected to be completed by Q4 2024.
Click here to read more.
6. SOL Properties: Residential projects in Palm Jumeirah and Downtown Dubai
Type: Luxury residential developments
Value: $3.26 billion
SOL Properties, a real estate developer in the UAE and the real estate development arm of the Bhatia Group, has announced the launch of a series of high-end projects with an anticipated gross development value (GDV) of $3.26 billion (AED12 billion) in the next six months.
SOL Properties has acquired 372,000 square metres of prime land for ultra-luxury projects and affordable luxury projects, which are expectede to be launched in the next six months.
The ultra-luxury developments include a new project in the West Crescent of Palm Jumeirah and the Fairmont Residences Solara Tower Downtown Dubai. Combined, these two projects are valued at $2.23 billion (AED8.2 billion).
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7. Bloom Holding: Almeria
Type: Phase 7 of Bloom Living
Scheduled completion: Q4 2027
Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the launch of ‘Almeria’, the seventh phase of Bloom Living, its fully integrated and all-inclusive community in Abu Dhabi.
Named after the Spanish city, Almeria offers premium villas with lakeside views ranging from three to six bedrooms.
The seventh phase of Bloom Living is scheduled to be completed in Q4 2027 with prices starting from $1 million (AED3.7 million) and attractive post-handover payment plans.
Inspired by the Mediterranean Spanish architecture and elevated by the comfort of modern living, the premium villas at Almeria will be designed to welcome indoor-outdoor living with elegant finishings, high ceilings and large windows overlooking the serene lake.
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8. Danube Properties: BAYZ102 and Oasiz
Type: Residential tower
Dubai-based real estate developer Danube Properties has unveiled two new projects.
BAYZ102, a towering 102-level skyscraper, will be the tallest in Danube’s portfolio. The second project, Oasiz, aims to deliver affordable luxury, providing high-end living options at accessible prices. It follows on from BAYZ101, which was announced earlier this year.
Meanwhile, Oasiz is located Dubai Silicon Oasis and will span approximately 93,000 square metres, comprising around 900 luxury units across two towers, Oasiz 1 and Oasiz 2.
The development will offer apartments ranging from studios up to three-bedroom units, as well as retail outlets.
Click here to read more.
9. Meraas: The Acres
Type: Residential villas at The Acres
Features: Nursery, school, clinic, mosque, clubhouses, and retail areas
Meraas, a member of Dubai Holding Real Estate, has announced the highly anticipated launch of more than 200 new homes at its exclusive standalone villa community at The Acres.
The latest release fulfils the strong demand for nature-inspired and eco-conscious living, following the resounding success and sell-out of more than half the community in the initial release.
The Acres, a tranquil and luxurious residential development nestled in the heart of Dubailand, is an exclusive neighbourhood that seamlessly connects indoor and outdoor spaces, offering an unparalleled lifestyle entwined with nature for discerning homebuyers.
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10. Binghatti Properties: Binghatti Ghost
Type: Residential tower
Value: $1.1 billion
Features: 770 units, six premium retail shops, multi-purpose lawn, and scenic jogging lane
Binghatti, the leading Dubai-based property brand has launched its first project in Al Jaddaf this year, named Binghatti Ghost.
This highly anticipated development marks Binghatti’s comeback to the area driven by unprecedented demand from the market after a two-year hiatus.
The new project will feature a total of 770 residential units. In addition to these sought-after living spaces, Binghatti Ghost will also include six premium retail shops, enhancing the community’s commercial appeal.
Historically, Binghatti’s properties have recorded substantial capital gains for investors, with the developer’s previous projects recording up to 40% capital gains for investors.
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11. MAJID Developments: Mayfair Gardens
Type: Residential community building
Value: $136 million
Features: Infinity pool, fitness centre, yoga and viewing deck, landscaped garden spaces and barbecue area
Real estate development company MAJID Developments has announced its entry into the Dubai market with the launch of a residential community building: Mayfair Gardens.
The project is part of a planned pipeline of five luxury projects worth an investment value of $136 million (AED500 million).
Mayfair Gardens is an eight-storey freehold community building with 64 apartments, including 24 studio and 40 one-bedroom apartment units, located in Jumeirah Garden City, behind Sheikh Zayed Road.
Click here to read more.
12. Aldar Properties: Yas Riva
Type: Exclusive villa community
Features: Landscaped gardens, three parks with facilities such as table tennis, two padel courts, outdoor fitness areas and amphitheatre, picnic spaces, and an obstacle course
Aldar Properties has announced the launch of Yas Riva, an exclusive villa community on Yas Island.
The new development is located on the northern shores of Yas Island and will offer a choice of both canal-front and canal-accessible homes designed to facilitate luxurious relaxation in a tranquil waterfront setting.
With sleek and elegant design principles, Yas Riva is one of the few residential developments in Abu Dhabi offering direct access to a canal. Each canal-front home will have its own private dock, enabling residents to explore the surrounding waterways via boat.
Click here to read more.
13. NEOM: Zannier Hotels’ resort
Type: Eco-tourism development
Features: 100 rooms and suites, 360-degree observation deck, nature conservation and rewilding programmes, and more
Luxury eco-tourism brand Zannier Hotels is set to launch a resort at Zardun in the Magna region of NEOM in northwestern Saudi Arabia.
Located along the hilly coast of the Gulf of Aqaba, the resort will consist of 100 rooms and suites spread across three differently-themed buildings
An experience with an underground entrance will lead to an 360-degree observation deck with views of the Zardun landscape.
Zannier’s in-house design team, Zannier Interior Design Studio, will be working on the project.
Click here to read more.
14. Sharjah government: Sharjah Sports City
Type: Sports development
Sharjah has approved the designs and locations for a new sports city in the emirate.
The city, which will be built at a site selected by the emirate’s ruler, will feature four sports complexes catering to both team and individual sports, according to WAM.
A Sharjah government official reported that H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah has personally sketched the designs for the city, which includes a central square intersected by four main roads leading to the city.
These roads are the road from Al Madam, the road to Al Badayer, the road leading to Mahafiz and Al Bataeh, and the road from Sharjah Sports City.
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15. QUBE Development: MIDORA Residences
Type: Residential tower
Features: Dedicated children’s development area and the largest swimming pool in Jumeirah Village Circle
QUBE Development, a renowned international real estate developer with 30 years of experience, has announced the launch of sales for MIDORA Residences, as part of its $707.8 million (AED2.6 billion) property portfolio.
MIDORA Residences, designed by the award-winning Japanese architectural firm Nikken Sekkei behind One Zabeel Tower, features 492 spacious units including apartments and duplexes.
Situated in the vibrant and sought-after community of Jumeirah Village Circle (JVC), this new development emphasises QUBE’s commitment to providing elegant units with green spaces and convenient amenities to cater to modern life.
Click here to read more.
16. Binghatti Properties: Binghatti Royale
Type: Residential tower
Value: $163 million
Features: Infinity pool, private suite pools, multi-purpose lawn, paddle and tennis court, and a juice bar
Dubai-based property brand Binghatti has announced the launch of Binghatti Royale in Jumeirah Village Circle (JVC).
The launch comes in response to the soaring demand for Binghatti projects in the area following the rapid sell-out of back-to-back projects, some recording sell-out periods as quick as 24 hours.
Binghatti Royale features a unique circular architectural identity. The building features 354 residential units ranging from one- to three-bedroom apartments and 16 retail spaces across 47 floors.
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