Emirates Stallions Group (ESG) has announced the establishment of Royal Development Holding (RDH). The boutique real estate developer envisions transforming spaces and elevating lives.

In its launch phase RDH merges a group of specialised real estate development entities, including Royal Development Company (RDC) and Royal Architect Project Management (RAPM). The move paves the way for the introduction of new companies, further enhancing its market presence and capabilities.

Royal Development Company’s 15 years of experience mark the beginning of a new era for the group with the launch of RDH. The expansion allows RDH to enhance its presence in the real estate industry by acquiring boutique real estate development capabilities. By integrating ESG, Royal Development Holding offers comprehensive, end-to-end solutions that elevate living experiences and support its long-term growth strategy.

Tariq Nazzal, General Manager of Royal Development Holding commented, “At Royal Development Holding, we continuously enhance our performance and expand our activities by listing several of the Group’s real estate development and project management companies under Royal Development Holding. This is in line with our vision of constant growth and transformation. By integrating innovation, sustainability, and creative design, we will be crafting truly transformational projects that redefine modern living and elevate lifestyles.”

Kayed Ali Khorma, CEO of ESG added, “Our subsidiary Royal Development Company has been the trusted force behind managing over 60 iconic projects in more than 15 countries across the globe enriching our expertise in the real estate sector. We are now evolving the Royal Development name and scope of work by launching Royal Development Holding, a visionary boutique developer that will build lifestyle-driven communities to nurture growth, transform the everyday experience, and shape the future of living.”

In today’s competitive real estate market, developers are striving to create integrated, intelligent, and inspiring communities that adapt to society’s evolving needs. RDH emerges as a forward-thinking boutique developer, demonstrating a strong commitment to shaping ecosystems that combine functionality, well-being, and sustainability. Their developments will contribute to the future of intelligent and connected living.

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Cox and AMEA Power have collaborated to establish a joint venture (JV) that aims to develop, execute, and manage strategic water and energy infrastructure projects across the Middle East, Africa, and Asia.

The partnership is built on the existing relationship between Cox and AMEA Power. As an anchor shareholder, AMEA Power holds a 3.76% stake in Cox, acquired during Cox’s initial public offering. This long-term investment serves as strategic support for Cox’s growth and development plans.

Enrique Riquelme, Executive Chairman of Cox said, “This JV represents a critical step in Cox’s growth strategy, emerging from an integrated vision that combines water and energy solutions to tackle the most pressing challenges and meet the demands of markets in the Middle East and Africa. Through this partnership, we aim to develop projects where access to water and energy complement each other, creating new opportunities where both are essential for the sustainable development of communities.”

Hussain Al Nowais, Chairman of AMEA Power added, “We are proud to partner with Cox in establishing this JV, a strategic alliance that brings together AMEA Power’s expertise in renewable energy and Cox’s leadership in water solutions. This partnership underscores our shared commitment to sustainable development and improving access to essential resources across Africa, the Middle East and Asia. It also reflects our continued support for Cox’s growth and sustainability initiatives in these key regions.”

The JV brings together Cox’s experience and global market positioning with AMEA Power’s leadership in the energy sector, forming an alliance to develop integrated infrastructure projects, where water and energy access are deeply intertwined. By combining their technical, operational, and financial capabilities, both companies aim to address critical resource challenges in regions experiencing rapid demand growth.

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Lifesize Plans Dubai is offering a service integrating virtual reality & augmented reality experiences that enables UAE residents to toggle between finishes, floor plan variations, and alterations before a structure is built. The solution is said to mitigate risk for buyers and provides a core client-centred service for developers and sellers. The firm says it offers immersive, full-scale architectural visualisation that redefines the pre-construction experience.

The UAE’s construction sector has experienced a steady rise in recent years due to several factors, including substantial government investments, economic diversification, and an increasing population. These factors have had a profound positive impact on the country’s real estate sector, the firm said. According to market intelligence and advisory firm Mordor Intelligence, the construction market size is projected to grow at a compound annual growth rate of 4.26% by 2030. This growth is expected to contribute significantly to the real estate sector as numerous developments are currently in the pipeline, with the aim of being completed by then.

The construction sector’s growth is also fueled by various additional factors, particularly in infrastructure development, transportation and renewable energy. These developments will increasingly require the support of innovative technologies to provide the best possible products to their customers. Dubai’s proptech market, which aims to double its sector value by 2030, has been a major contributor to this surge. Through its technology, the market has introduced a new dimension to the sector from both a technical and design perspective.

Georges Calas, CEO of Lifesize Plans Dubai said, “Witnessing the constant growth of the UAE’s real estate sector and strong influx of investors coming in from all around the world, it was an easy decision for us to enter the market in 2023. As the sector continues to flourish, it becomes increasingly crucial to focus on the attention to detail for every square meter that it is being constructed not just from a design perspective, but to also help identify any potential problem before work even starts on the project.”

“As the overall supply of both residential and commercial developments continues to increase, the proptech sector in parallel also becomes more of a necessity as opposed to a luxury when it comes to investors looking to buy their dream home and will soon become an essential tool for developers to incorporate in the years to come,” he added.

As the UAE remains a global destination for investors and tourists, its construction and real estate sectors continue to be its backbone industries, ensuring its continued prosperity. Developers will also increasingly focus on complementary sectors like proptech to provide the best possible infrastructure, design, and quality in the growing real estate market.

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Dubai is rightfully lauded as the polestar of real estate success in the United Arab Emirates (UAE), with 2025 promising yet more growth. Fortunately for the UAE, the same factors that have contributed to Dubai’s record-breaking streak – strong investment incentives, economic stability, a strategically important location and world-class infrastructure – are also fuelling the meteoric rise of Ras Al-Khaimah’s property market.

Our nation’s northernmost emirate has witnessed impressive growth of late, registering more than US $4.8bn in real estate transactions in 2024. In fact, last year saw Ras Al-Khaimah’s villa sales prices grow by as much as 35.6%, villa rental prices increase by up to 28%, and apartment rental prices rise by up to 42.7%, according to data published by Bayut.

As many of you know, DAMAC Properties is investing heavily in Ras Al-Khaimah through Shoreline by DAMAC, a collection of branded beachfront residences ideally situated on Al Marjan Island. As expected, this project has already generated immense interest – a trend that I believe is being amplified by the emirate’s rapidly increasing popularity.

So, why does everyone seem to be getting excited by Ras Al-Khaimah’s property market? Here are my thoughts:

An ambitious tourism vision

Like its neighbours, Ras Al-Khaimah is home to forward-thinking leaders who are committed to driving our nation towards economic prosperity through strategic policies and initiatives. With the aim of promoting growth across three key pillars – economy, society and environment – RAK Vision 2030 astutely recognises tourism as the cornerstone of sustainable economic development.

Last year, the emirate welcomed a record-breaking 1.28mn overnight arrivals, representing an extremely healthy 12% increase in tourism revenue. If this pace is maintained, the Ras Al-Khaimah Tourism Development Authority (RAKTDA) should be right on track to meet its Tourism Vision 2030 goals: to attract more than three million tourists annually, raise tourism’s contribution to one-third of GDP and create more than 20,000 jobs by 2030.

As it stands, the hospitality sector contributes 4% of the emirate’s GDP, while real estate accounts for 7% – proportions that are only likely to expand due to a growing project pipeline. The number of hotel rooms in Ras Al-Khaimah, for example, is set to double to 14,000 by 2027, and in a unique move for our region’s hospitality industry, seven leading global hotel companies recently pledged to support the government’s vision for tourism development.

In addition to creating opportunities for hotels and short-term lets, an increase in tourism, coupled with the business and employment opportunities it brings, will drive demand for long-term rentals and off-plan sales, including branded residences.

Natural and cultural treasures

The natural beauty and 7,000-year history of Ras Al-Khaimah are undoubtedly key selling points for its burgeoning tourism industry, and they also represent a drawcard for homebuyers looking to enjoy a relaxed and enriching lifestyle. Meanwhile, those searching for adventure will find it right on their doorstep. The emirate is home to the trekking trails of the Hajar Mountains, lush mangrove ecosystems that offer world-class paddleboarding and kayaking, and Jais Flight, the world’s longest zipline at 2.38km.

Nature lovers will enjoy residing among greater flamingos and the countless other endemic species that populate the coastline, mountains and forests, while cultural history enthusiasts will appreciate the emirate’s pearl fishing heritage and archaeological gems like Dhayah Fort and Al Jazeera Al Hamra.

Besides these attractions, Ras Al-Khaimah is within easy reach of Dubai. The pristine waterfront, breathtaking views and sophisticated leisure developments of Al Marjan Island are only 45-minutes from Dubai, making it ideal as a base for commuters or anyone looking to purchase a holiday home.

Impressive investment opportunities

From a property investor’s point of view, Ras Al-Khaimah’s appeal lies in its tax incentives, relatively untapped potential and the prospect of high returns. For example, average rental yields in the emirate currently stand at 6-8%, compared to a UAE average of 4.87%. Property prices have also been increasing over the past year, delivering impressive internal rates of return.

Even so, the emirate still offers tremendous value for money for property buyers. And when one considers the diversity of Ras Al-Khaimah’s real estate landscape, combined with ongoing infrastructure projects and its thriving leisure and entertainment scene, it’s easy to see why interest is growing so quickly. Shoreline by DAMAC, which features units crafted in collaboration with Babolex, and other luxury offerings are providing yet more opportunities for buyers keen to secure a foothold in the emirate.

Thanks to its winning combination of strategic government initiatives, unique natural and cultural heritage, and attractive investment opportunities, Ras Al-Khaimah’s real estate sector is moving from strength to strength. I and many other UAE property professionals have been aware of the emirate’s untapped potential for many years, so I’m not surprised the rest of the world is starting to take notice.

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REEF Luxury Developments has unveiled its new US $122.5mn REEF 998 project, which is billed as an architecturally advanced residential community. Spanning 355,663sqft, REEF 998 is designed to be a contemporary living focused project and is scheduled for handover in Q2 2028.

The project will offer 323 residences ranging from studios to three-bedroom apartments, each unit features REEF’s region-first patented outdoor cooling technology and Sunken Balconies, ensuring year-round outdoor living comfort. Dubailand’s growth potential is significantly enhanced by the anticipated metro connectivity and its alignment with Dubai’s 2040 Urban Master Plan. REEF 998 emerges investment opportunity at this opportune moment, offering investors and homeowners a rare combination of innovation, luxury, and sustainable value in one of the UAE’s most promising communities, said a statement.

“These elegant homes in DLRC are long-term investment assets that answer a clear market need,” said Samer Ambar, CEO of REEF Luxury Developments. “In Dubai’s thriving property market, REEF 998’s livable innovation and design resilience really sets it apart. From energy efficient systems and smart technology to exclusive outdoor spaces with integrated outdoor cooling technology, we’re delivering a product that meets both lifestyle aspirations and investor expectations.”

Residences range from 477 to 1,397sqft, and every home will include Bosch appliances and Grohe fittings, while the project offers resort-style amenities, home tech, and a masterplan built around community connection and green space. REEF 998 will take shape in DLRC on Hamdan Bin Zayed Road, and will enjoy dual frontage – one facade will overlook the main road, while the opposite side will overlook community parks.

REEF 998 also places sustainability at its core, using a recyclable steel structural system to boost energy efficiency and long-term durability along with REEF’s patented sunken balconies with outdoor cooling – delivering value to both residents and investors, the statement concluded.

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BNW Developments has signed MAN Construction, a subsidiary of the Masah Group, to lead the construction of its Aqua Arc project. The waterfront project aims to redefine ultra-luxury living in Ras Al Khaimah. The collaboration signifies the commencement of a long-term partnership between the two firms, which will see the development of other projects in the future.

The signing ceremony was witnessed by senior officials from both companies including: Mohammed Nayeem, Chairman, Masah Holdings & MAN Constructions, Dubai; Mohammed Bin Sulaiman Alhabib, Vice Chairman, Masah Construction & Alpha Metals; Althaf Kazi, CEO & Managing Partner, MAN Specialised Contracting, UAE; Mirza Naseem Beg, CEO & Managing Partner, Alpha Metals, Saudi Arabia & UAE; Mohammed Misbah, Advisor to the Chairman; Ankur Aggarwal, Chairman & Founder; Vivek Anand Oberoi, Managing Director & Co-founder.

“Partnering with BNW Developments for Aqua Arc is a proud milestone for Masah. We see this as a symbol of a shared vision to create landmark communities that reflect global standards and regional character. Aqua Arc, with its distinct architecture and scale, is exactly the kind of challenge Masah was built for,” said, Nayeem.

“At BNW, we’ve always believed that design vision means little without executional brilliance. The appointment of Masah is a critical step in our mission to deliver not just residences, but reference points in global luxury living. Masah’s track record in constructing technically demanding projects, their commitment to timelines, and their engineering depth made them a natural fit. Aqua Arc is a signature BNW development, it demands nothing short of mastery, and with Masah, we’re confident that’s exactly what we’ll achieve,” Aggarwal shared.

“Masah isn’t just a contractor, they’re craftsmen of scale. What sets them apart is their consistency in delivering landmark projects that marry innovation with precision. Aqua Arc is an example of BNW’s unwavering intent to reshape Ras Al Khaimah’s skyline with substance and soul. For us, every partnership is about shared values. Masah’s professionalism, structural command, and transparent process align seamlessly with our own ethos of trust, ambition, and long-term value creation,” added Oberoi.

BNW continues to lead with intent, scale, and an investor-first focus. The collaboration with Masah marks a significant turning point in BNW’s regional track. Beyond the immediate commencement of Aqua Arc, this partnership enhances BNW’s operational depth, governance alignment, and cross-border reliability, which are crucial for sustainable expansion into new markets, said a statement. Oberoi also hinted at BNW’s expansion into Saudi Arabia in 2026.

With the goodwill and strategic capital this alliance brings, BNW aims to establish a meaningful footprint in one of the most competitive real estate landscapes in the Middle East. Aqua Arc, nestled on the coast of Al Marjan Island, embodies elegance, functionality, and the serene of the sea. With MAN’s expertise onboard, the project embarks on a new phase of confidence and capability, the statement concluded.

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Developer Amaal has launched a partnership with automotive design firm MANSORY. Together, they are co-creating the MANSORY Residences, an ultra-luxury residential tower in Dubai. The collaboration marks MANSORY’s first global venture into real estate and architectural design, which is said to be a new chapter for the brand.

The MANSORY Residences project reflects both design and the growing market demand for collectable, design-led properties. The project will be set within Mohammed Bin Rashid City, part of the Meydan Horizon masterplan. MANSORY Residences will feature 48 floors, with a total built-up area of almost 142,800sqm. Beyond its architecture, MANSORY Residences will merge design innovation, collaboration, and value into a single address, said a statement.

The residences will offer a blend of MANSORY’s signature design elements; the project will feature a range of layouts including one, two and three bedroom units, as well as eight full-floor penthouse residences. The MANSORY Residences project is currently in advanced design planning, and is scheduled for completion in Q4 2028.

“This partnership marks a bold step forward in redefining the standards of luxury living in the UAE,” said Abdulla Lahej, Chairman of Amaal. “By partnering with MANSORY, we are bringing a living experience that truly resonates with today’s high-net-worth buyers. Dubai’s luxury property market continues to thrive, with US $1.9bn in sales recorded in Q1 2025 alone, and MANSORY Residences will meet this growing demand for design-led, collectable real estate. This is just the beginning of an exciting journey, and we look forward to unveiling what’s to come.”

Kourosh Mansory, Founder of MANSORY added, “This project represents a milestone for our brand. Collaborating with Amaal allows us to bring our signature design philosophy into a new space shaped by their approach to luxury. It’s where engineering excellence meets artful living; a softer, residential expression of the bold, distinctive craftsmanship that has defined MANSORY for decades. Our shared vision is to deliver an elevated lifestyle where every detail, from materials to ambience, reflects precision craftsmanship and individuality. This project will set a new global benchmark for bespoke living in one of the world’s most dynamic cities.”

Designed in collaboration with MANSORY, the interiors blend aesthetics with elevated residential comfort. Precision detailing and sculptural forms reminiscent of luxury vehicles evoke a sense of fluidity. Layered lighting and material choices, such as leather-wrapped furnishings, brushed metals, and custom wood finishes, create a distinct sensory experience. Kitchens feature concealed mechanisms for streamlined functionality, while bedrooms are adorned with upholstered accents and refined textures. The result is a uniquely crafted space of innovation, elegance, and design philosophy of MANSORY, said a statement.

Amaal and MANSORY have designed a suite of amenities across three levels, offering residents a lifestyle of comfort, wellness, and high-performance living. A curated selection of premium retail outlets provides convenience at residents’ doorsteps. Residents can also enjoy padel courts, mini golf experiences, indoor and outdoor gyms, a yoga studio, separate spa areas for men and women, two infinity pools, an indoor cinema, and dedicated play areas for children. Community zones include exclusive MANSORY lounges, a spacious terrace, creative workspaces, an outdoor multipurpose area, restaurants, and multiple open-air dining zones, it added.

The development will also feature eight floors of dedicated parking amenities, with two floors reserved for a VIP showroom-style display, while an integrated car elevator ensures seamless access. Exclusive vehicle well-keeping services offer owners peace of mind and pristine care for their prized cars, adding to the automotive-inspired luxury lifestyle. For modern homeowners, MANSORY Residences integrates advanced smart home and automation technologies throughout the tower. Residents can also benefit from seamless control over lighting, climate, security, and even parking, enhancing convenience, energy efficiency, and daily living, the statement concluded.

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Modon has launched Wadeem its inaugural residential plot release on Hudayriyat Island. This exclusive development offers buyers the opportunity to design and build their dream homes in one of Abu Dhabi’s most desirable emerging locations, said a statement from the developer.

The plots from Hudayriyat Island’s coastline offer views of Abu Dhabi’s skyline, while easy access to the island’s beaches and the Gulf waters ensures an active lifestyle for residents. At the heart of Wadeem lies a community centre which features a variety of shopping outlets, a private school, a mosque, and a central park. Designed with active families in mind, Wadeem is planned to be walkable and connected by cycling paths that wind through greenery, said a statement.

Bill O’Regan, Group CEO at Modon Holding said, “Wadeem represents another milestone in our future vision for Hudayriyat Island and marks an important addition to Abu Dhabi’s dynamic, fast-evolving real estate landscape. This unique offering creates an island counterpart to the city’s most traditionally exclusive districts on the opposite shore. It combines thoughtfully planned amenities with a unique degree of flexibility for homeowners to craft their own spaces. Through Wadeem, we reaffirm Modon’s commitment to shaping vibrant, people-centric living destinations, inspired by liveability and individuality, that align seamlessly with the emirate’s vision for sustainable growth, quality of life and global competitiveness.”

Ibrahim Al Maghribi, CEO of Modon Real Estate added, “With the launch of our first residential plot project on Hudayriyat Island, we are not only unlocking a high-potential opportunity to invest in one of Abu Dhabi’s most sought-after locations, but also giving buyers the chance to realise their own dream home by the sea. Residents will enjoy vibrant green spaces that encourage outdoor living, a distinctive sense of community and unrivaled views of azure waters or the breathtaking skyline, making Wadeem a truly unique, desirable lifestyle destination.”

Nestled opposite Abu Dhabi’s Al Bateen area, Wadeem marks the first new land offering in over 15 years, providing residents with proximity to the city’s neighborhoods. With over 1,700 plots, each designed to accommodate a four to six bedroom villa, Wadeem boasts ample space for outdoor living, including swimming pools, outdoor dining, and entertainment areas, Modon explained.

To promote healthy lifestyles and well-being, Wadeem incorporates a range of local outdoor exercise areas. These areas include a recreational hub with swimming pools, a jogging track, sports courts, and a yoga and meditation zone, providing residents with ample opportunities to stay active and engaged.

Owners will have easy access to numerous sports, leisure, and hospitality facilities on the island, offering opportunities for playing, staying, dining, shopping, and fitness. These include Nawayef Park, Surf Abu Dhabi, Velodrome Abu Dhabi, 321 Sports, Trail X, Circuit X, a network of cycling tracks, Marsana Beach, Bab Al Nojoum beach resort, and the upcoming urban park in the emirate, the statement concluded.

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