Driven Properties has added Emaar Square Building 3 to its portfolio through a US $137mn acquisition. Spanning at 378,885sqft, the acquisition stands as the largest real estate deal in Downtown Dubai this year and highlights Driven Properties’ dedication to addressing the high demand for premium office spaces in the city’s most coveted area.

Premium office spaces in this prime location being highly limited, Driven Properties’ strategic acquisition ensures that companies can secure environments designed to foster growth, said a statement.

Abdullah Alajaji, Founder and CEO of Driven Properties said, “As Dubai continues to establish itself as a global business powerhouse, Driven Properties is committed to playing a key role in shaping the city’s commercial real estate landscape. Our investment demonstrates our unwavering commitment to excellence and our proactive approach to meeting market demands.”

“By expanding our portfolio with this landmark building, we’re not only enhancing our offering but also supporting the ambitions of businesses that make Dubai so dynamic. Moving our headquarters to Emaar Square 3 is a significant step for us—it places us right at the centre of the action, where innovation and opportunity thrive,” Alajaji stated.

Hadi Hamra, Managing Partner at Driven Properties added, “The purchase was made through a dedicated fund, ensuring a thoughtful expansion for Driven Properties. Relocating the company’s headquarters to Emaar Square 3 not only signifies growth but also reinforces Driven Properties’ reputation as a trusted and influential player in Dubai’s competitive real estate market.”

This acquisition is set to make an impact on Downtown Dubai’s commercial real estate scene by providing much-needed premium office spaces. Driven Properties is poised to attract leading businesses to the area, contributing to the continued vibrancy and economic growth of one of the world’s most exciting business hubs, the statement concluded.

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NABNI Developments has unveiled its latest residential project in Al Furjan, Avenue Residence 7 by NABNI. Following the sales of Avenue Residence 1-6, Avenue Residence 7 is said to be NABNI’s first Emirati-inspired off-plan project in Dubai. Set to be completed in Q1 2027, this new addition to the Avenue Residences collection showcases a unique blend of Emirati heritage and modern design.

Featuring an Emirati-inspired facade influenced by Barjeel wind towers and the dhow boat, the building will house 166 luxury apartments, comprising 63 one-bedroom, 84 two-bedroom, and 19 three-bedroom units. Every apartment is designed with sophisticated living spaces and exquisite finishes, said the statement from the developer.

Kitchens are equipped with built-in appliances, and the units will showcase fittings of luxury and elegance. Residents will also enjoy a range of Emirati-inspired amenities, including two outdoor swimming pools, Majlis/residents lounge, jogging track, a equipped fitness studio, children’s play area, and a outdoor Ghaf garden.

“We are excited to announce the launch of Avenue Residence 7 by NABNI, our newest residential development in Al Furjan. This latest project aligns with NABNI Developments’ strategy to enhance our portfolio of high-quality, luxury residential offerings in prime locations. Our latest project meets the growing demand for family-friendly living spaces while expanding our market reach in Dubai. This project reflects our commitment to local culture, innovation, quality, and sustainability, solidifying NABNI’s position as a leader in the real estate sector,” said Khalid Alsuwaidi, Chief Commercial Officer of NABNI Developments.

The interior finishes and materials, such as travertine and natural stone, reflect the surrounding environment. The residential development will be constructed with a focus on environmental responsibility and energy efficiency, contributing towards a sustainable future. The building utilises sustainable stone materials that require minimal maintenance, reduce heat and offer high durability, resulting in long-term savings for residents, the statement explained.

Avenue Residence 7 by NABNI offers a prime location just minutes from the Discovery Gardens metro station in the vibrant Al Furjan community. This prime residential area provides excellent connectivity and easy access to Dubai’s main attractions, schools, retail outlets, mosques, multi-faith places of worship, and more, the statement concluded.

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Sharjah Sustainable City (SSC) has joined forces with the University of Sharjah’s College of Fine Arts and Design (CFAD) to promote sustainable agriculture amongst students.

As part of this collaboration, SSC recently participated in the Sustainability Day celebrations hosted by CFAD under the theme ‘Beyond the 17 Sustainable Development Goals’. During the event, experts from the city conducted a special workshop titled ‘Plant Your Pot’, where 300 students, faculty and staff learned about creative sustainable agriculture practices. SSC is the first sustainable master-planned residential community developed by Sharjah Investment and Development Authority (Shurooq) in partnership with Diamond Developers, said a statement.

Carl Atallah, Director of Marketing & Communications at Sharjah Sustainable City said, “We are delighted to partner once again with the University of Sharjah’s College of Fine Arts and Design and share our knowledge with students. The workshop exemplified how collaborations can promote sustainability and generate interest among the younger generation while harnessing their creative potential. As the world faces several challenges posed by climate change, using creativity and art is one of the most effective means to promote sustainable agriculture and cultivate change among future generations. This aligns with our broader efforts to promote eco-friendly practices beyond our city and engage with a wider range of stakeholders, including youth.”

Nadia M. Alhasani, Dean at CFAD noted, “We were pleased to have Sharjah Sustainable City join us in celebrating Sustainability Day and promoting sustainable agriculture among our students. Their creative workshop aligned perfectly with our theme, ‘Beyond the 17 Sustainable Development Goals’, which aimed to raise awareness and push the boundaries of sustainability. We regularly engage our students with interactive learning and critical thinking activities, encouraging them to innovate. Our goal is for students to draw inspiration from diverse environments and apply their creativity not only to their projects but also to real-life challenges, including environmental issues and how they can use art to address them.”

Sharjah Sustainable City regularly organises workshops for its residents on a wide range of topics. The city has also formed collaborations with key entities to promote sustainable practices while cultivating an exceptional and sustainable community that embraces the United Nations Sustainable Development Goals and inspires a low-carbon future, the statement noted.

The workshop concluded with the distribution of sustainably made gifts among the students, reinforcing the importance of eco-friendly practices. This event builds on the recent collaboration between SSC and CFAD, where both organisations partnered to host a workshop on wood recycling for residents and students earlier this year. Through this the city continues to promote eco-friendly living and environmental awareness within its community and beyond, the statement concluded.

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OCTA Properties has launched its new Branded Interior Design and BrandedMarComs vertical under the ‘House of Octa’ banner. This announcement follows their collaboration with Mouawad. The firm also unveiled its new headquarters located in Dubai Hills.

“As OCTA Properties continues to grow and evolve, our new 11,000sqft office will become an innovation and collaboration hub, propelling our mission to deliver world-class real estate projects and build strategic partnerships,” said Fawaz Sous, CEO of OCTA Properties.

The company said it has 4,600 units in its pipeline, more than 100 employees, and works with over 1,600 brokerage firms. It said the launch of House of Octa is designed to enhance their service offerings and reinforce their commitment to delivering exceptional branded residences and innovative solutions in the luxury real estate sector.

OCTA Properties has collaborated with Missoni, Hilton, Elie Saab, W, and Franck Muller in the region, offering developer management services with advanced leading solutions for real estate development, said a statement from the firm.

“This launch is intended to meet the soaring demand for branded residences that Dubai has witnessed in the past few years. Both verticals reflect OCTA Properties’ ambition to diversify its offerings and deliver cutting-edge design solutions forcommercial and residential spaces,” Sous added.

As a development management company, OCTA Properties will oversee 14 new branded projects in Dubai by June 2025, with a total value over US $2.45bn. These developments will set new standards in luxury living and further strengthen OCTA Properties position as leaders in brandedreal estate.

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Following the launch of Starlight Park, AMWAJ Development has launched the Cube Residences, which will take shape in Mohammed bin Rashid City, District 11 in Dubai. The anticipated completion date for The Cube Residences is Q4 2026.

The new development spans a total land area of 15,070sqft and is to feature a creatively designed structure, ground floor, five residential floors, and a rooftop area that includes the pool. The project will offer a total of 54 designed apartments, featuring one- and two-bedroom units with living spaces tailored to meet the needs of Dubai’s real estate market. The Cube Residences is designed with the modern resident in mind, featuring premium white goods from Italian brands, ensuring the highest quality and convenience, said a statement.

“The Cube Residences is an amazing project that embodies our commitment to innovative design and  advanced technology. Each apartment is fully furnished and equipped with advanced home automation systems, ensuring a seamless and modern lifestyle for our residents,” said Emad Saleh, Founder and Chairman of AMWAJ Development.

“Dubai’s real estate market has been growing rapidly over the last few years and we felt it is time for us to capitalise on the growing demand for real estate in the UAE, we are excited to launch the Cube Residences which will offer residents unparalleled living experiences,” said Murad Saleh, CEO of AMWAJ Development.

The project will feature several ground floor amenities including a co-working space, lounge with coffee cart, concierge reception desk, and 24/7 security. Rooftop amenities include a fitness club, sauna and showers, rooftop pool, and a gaming room equipped with billiard tables, arcade games, and more. The new development will be just 15 minutes from Downtown Dubai and Dubai Mall, and 20 minutes from Dubai International Airport, the statement noted.

“Our goal is to create  a community that elevates the everyday lifestyle of its residents through convenience and cutting-edge technology,” said Aida El Shahabi, COO of AMWAJ Development.

“As we embark on our second project in the UAE, we remain committed to delivering unparalleled value to our investors and residents. Our focus on innovation and sustainability reflects the evolving needs of the market, ensuring that Amwaj continues to set new benchmarks in quality while delivering strong long-termreturns for our investors,” added Hassan Hijazi, Group CFO of Amwaj Development.

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Dubai South, the single-urban master development focusing on aviation, logistics and real estate, and INDU Kishore Logistics, broke ground on a new facility that will be built at Dubai South’s Logistics District. This development marks a milestone in the company’s expansion plan, supporting to evolve into a multi-industry logistics leader.

The facility, spanning approximately 23,000sqm and will feature a storage capacity of 75,000 pallets, is scheduled for completion by Q3 2025. Designed to handle spare parts of all sizes, it will leverage data-driven automation to streamline processes, enabling rapid turnaround times and ensuring an efficient, optimised flow of shipments.

Mohsen Ahmad, CEO of the Logistics District, Dubai South, said: “We are pleased to witness the groundbreaking of INDU Kishore Logistics’ new facility, which will be of added value to the logistics sector and our portfolio of leading logistics companies. At Dubai South, our mandate is to support the government’s vision of positioning Dubai as a leading global logistics hub. We are committed to fully supporting INDU Kishore Logistics in its expansion endeavors, and we look forward to the successful completion of this facility.”

Kush Lakhani, Managing Partner at INDU Kishore Logistics said: “At INDU, we have long embraced Dubai’s visionary approach of ‘Build It and They Will Come’. This strategic investment is driven by a surge in demand within the automotive and aerospace sectors. With the expansion of Al Maktoum International Airport, we believe the timing is ideal, and we are truly grateful for the trust and support extended by the Dubai South team in bringing this project to fruition.”

Dubai South’s Logistics District offers a variety of services and operations as well as uninterrupted access to Jebel Ali Port via a bonded logistics corridor. The district comprises multiple zones, which have direct access to the cargo terminals at Al Maktoum International Airport; EZDubai, a dedicated e-commerce free zone; and a Contract Logistics Zone.

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Leading Hospitality Services (LHS) has announced that it is joining Emirates Green Building Council (EmiratesGBC) as a corporate member. LHS offers solutions at making both existing infrastructure and new developments more sustainable, the company specialises in reducing energy consumption and improving energy efficiency, helping to transform current infrastructure to be environmentally responsible and aligned with sustainable design practices.

Through this collaboration with EmiratesGBC, LHS seeks to lead the way in creating sustainable spaces by integrating innovative technologies that prioritise both environmental responsibility and human well-being.

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The Ministry of Electricity (MoE) and GE Vernova have announced the early completion and energisation of five critical substations across the country in less than two years. These substations are said to be part of a nationwide project that involves the energisation of 10 substations by Iraq’s MoE and GE Vernova to improve grid stability, network efficiency and enable the interconnection with the Hashemite Kingdom of Jordan’s grid, providing more stable electricity for the people of Iraq.

The five new 132kV substations include Al Hindia, Al Sader, Al Qaim Saada, North Baqubah and Yaramja South. Both the North Baqubah and Yaramja South substations were delivered around six months ahead of schedule and were completed in August and September 2024. Construction and equipment installation works at the Rasafa Center substation have reached the final stages and will be energised soon, said a statement.

Four additional substations, North Najaf, North Karbala, North Diwaniya and Aredo, are scheduled for completion by summer of 2025.

Upon completion of the 10 substations, the Iraqi transmission system will be able to transmit an additional 2,200MVA of power, enabling improved transmission of the equivalent amount of electricity needed to power approximately 300,000 households or about one million people, it added.

“The strategic collaboration with reputable international companies, such as GE Vernova, supports the Ministry’s efforts to modernise the national electricity grid by enhancing generation and transmission efficiency, and providing a reliable technical map that provides flexibility in transferring loads and achieving stability in connecting to each other,” said Iraq’s Minister of Electricity, Ziad Ali Fadhil.

He added, ”In this context, these five substations that were completed and energised ahead of schedule represent a key milestone and an important addition to our efforts as they directly contribute to improving the stability of the grid in the surrounding areas, and are necessary to meet the growing demand for electricity. The completion of these complex projects ahead of schedule demonstrates the commitment of the Ministry of Electricity teams and their focus on achieving tangible results.”

Johan Bindele, Leader of GE Vernova’s Grid Systems Integration business added, “By executing these transformative electrification projects in partnership with the Ministry, our advanced substation solutions are not only stabilising the grid but also accelerating Iraq’s transition to a more reliable, affordable, and sustainable energy future.”

Rasheed Janabi, President of GE Vernova in Iraq noted, “As a dedicated, long-term player in the energy sector in Iraq, we are committed to meeting the growing energy needs of Iraq’s economy with the latest technologies and solutions across the energy value chain. This latest grid modernisation milestone is part of a comprehensive strategy that GE Vernova developed to help accelerate Iraq’s transition to more reliable and lower carbon power for the benefit of present and future generations. We are proud of the key role of the Iraqi team members from both GE Vernova and MoE in these projects.”

Over the past decade, GE Vernova has built and energised a total of 30 substations, including five 400kV substations in Al Khairat, Nainawa, Mansouriya, Mosul East, Al Fao and Baghdad Northwest. In addition, four132 kV substations were completed in Dohuk province in Kurdistan region, further strengthening Iraq’s power infrastructure.

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Ohana Development has announced its plans to launch a luxury branded residence project in partnership with a global luxury brand. The exclusive development will be located in Abu Dhabi, and is set to redefine luxury beachfront living in the UAE, said a statement from the developer.

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