Developer TownX has signed an exclusive agreement with global real estate consultancy Knight Frank to lease over 20,000sqft of prime retail space at Luma Park Views, located in Jumeirah Village Circle (JVC), Dubai.

According to a statement, Knight Frank will serve as the exclusive leasing partner for the entire retail component of this development. Founded in 2017, TownX has so far delivered over 967 units and is currently developing 2,125 apartments, including projects like Easy18, Easy19, Luma21, and Luma22 in JVC, as well as 11 Hills Park at Dubai Science Park.

Luma Park Views boasts modern retail spaces designed to meet the demands of today’s market, and features dedicated car parking and electric vehicle (EV) charging stations amenities that underscore the development’s commitment to convenience and sustainability.

Haider Abduljabbar, Executive Director of TownX commented, “Partnering with Knight Frank for the exclusive leasing of retail space at Luma Park Views is a significant step in our vision to deliver integrated, community-focused developments. Our commitment to quality, sustainability, and user experience is reflected not only in our retail offerings but also in our broader project portfolio, including our recent Arjan acquisition which will further enrich Dubai’s evolving real estate landscape.”

Daniel Rosso, Senior Manager, Retail Commercial Agency, Knight Frank added, “Our exclusive partnership with TownX reinforces Knight Frank’s commitment to providing exceptional retail leasing solutions in Dubai’s rapidly expanding communities. Luma Park Views offers a strategic location with cutting-edge facilities that cater to evolving retail needs, and we are excited to bring quality tenants to this new destination.”

TownX is set to unveil a premium retail space exceeding 30,000sqft at 11 Hills Park, a development taking shape in Dubai Science Park. The project promises to captivate with its features, including two sky pools, two gyms, and 558 residential units. Completion of this project is anticipated in the first quarter of 2027.

The developer recently acquired one of Arjan’s land plots, valued at US $29.92mn, spanning 400,000sqft of sellable area. The acquisition is said to underscore TownX’s commitment to its growth strategy and its dedication to crafting residential communities beyond the conventional prime locations of Dubai.

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ACCIONA as part of a consortium with DHCU has been selected by the Construction Authority for Potable Water and Wastewater (CAPW) in Cairo, Egypt, to manage the operation and maintenance of Phase II of the Gabal El Asfar wastewater treatment complex for eight years.

The US $37.45mn contract covers the execution of various rehabilitation works and upgrades on two plants of the complex, each with a daily capacity of 500,000m3. Gabal El Asfar, the largest wastewater treatment facility in Africa and the Middle East, and the third largest globally with a daily treatment capacity of 2.5Hm3, serves the eastern part of Cairo, home to eight million people, said a statement.

ACCIONA was awarded the contract in 2013 for the design, construction, and commissioning of an expansion of Gabal El Asfar, increasing its daily treatment capacity by 500,000m3. In 2022, ACCIONA, in collaboration with DHCU, secured the contract to operate, maintain, and improve Phase I of the oldest wastewater treatment plant (WWTP) of the complex, with a daily capacity of 1.5 Hm3.

ACCIONA, in partnership with CAPW, has also been involved in the operation of the water infrastructure for the upper-level water supply network in New Cairo, a satellite city of Cairo approximately 30km east of the capital. This contract encompasses the collection of water from the Nile River, its transportation to a drinking water treatment plant, treatment, and subsequent storage before distribution to consumers.

Beyond Gabal El Asfar, ACCIONA said that it has been instrumental in constructing five other drinking water treatment plants across Egypt, including Almerya, Rod el Farag, Mostorod, North Helwan I, and North Helwan II. These plants collectively have a total daily treatment capacity exceeding 600,000m3, serving an estimated population of over six million.

ACCIONA’s engineering extends to the Bahr Al Baqr WWTP in northwestern Egypt, equipped with advanced processes that produce quality water for the irrigation of local crops. This plant boasts a daily treatment capacity of 5.6Hm3. The company currently operates wastewater treatment plants in Abnoub-El Fath (80,000m3/day), Sodfa-El Ghanayem (30,000m3/day), El Ayat (30,000m3/day), and Abu Simbel (6,000m3/day).

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AMEA Power has announced the financial close of the first-ever utility-scale Battery Energy Storage System (BESS) project in Egypt. The 300MWh BESS Project is an extension of AMEA Power’s existing operational 500MW solar PV plant in Aswan Governorate, Egypt, which was commissioned in December 2024. To facilitate the integration of the project into the operational 500MW solar PV plant, the 300MWh BESS Project will receive a substantial US $72mn debt package from the International Finance Corporation (IFC).

The signing ceremony, held between Samir Nacef, Chief Executive Officer of AMEA Power Egypt, and Cheick-Oumar, IFC Director for North Africa and the Horn of Africa, was attended by several Egyptian officials, including Mostafa Madbouly, Prime Minister of Egypt, Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy of Egypt, Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation of Egypt, and Makhtar Diop, Managing Director of IFC.

The milestone is said to mark a significant step forward in the strategic partnership between AMEA Power and IFC. The partnership encompasses not only the recently commissioned 500MW Amunet Wind Farm in Ras Ghareb, Egypt, but also extends beyond Egypt to projects such as the 120MWp solar PV plant in Metbassta, Tunisia. The integration of the BESS represents a pivotal moment in Egypt’s accelerated 4GW Emergency Renewable Energy Program. This government-led initiative aims to address rising electricity demand by leveraging affordable, clean energy solutions and reducing reliance on imported natural gas, said a statement from the firm.

Hussain Al Nowais, Chairman of AMEA Power said, “At AMEA Power, we are committed to transforming the energy landscape through innovation, speed, and local collaboration. Achieving financial close for Egypt’s first utility-scale BESS project following the successful launch of our 500MW wind farm in Egypt—is a clear demonstration of our ability to deliver large scale renewable energy projects. We are proud to play a leading role in supporting Egypt’s energy transition and grid resilience.”

Makhtar Diop, IFC’s Managing Director added, “Meeting Egypt’s rising energy demand – especially in the summer – requires bold solutions, and we are proud to deepen our collaboration with a ready-to-scale partner like AMEA Power. This investment delivers sustainable infrastructure that strengthens the grid today while laying the foundation for a cleaner, more resilient energy future in Egypt. This is modelling efficient transition – one that brings value for the country through advanced technologies and skills.”

As Egypt embarks on its journey towards renewable energy, projects like this utility-scale battery storage system play a crucial role in maintaining grid stability, enhancing the integration of renewable energy sources, and contributing to the country’s decarbonisation efforts, the statement concluded.

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HRE Development has unveiled Astra Tower B at the SkyHills Astra project, which is located in Dubai Science Park. The move is said to follow the successful launch of Tower A.

SkyHills Astra has garnered attention for its exquisite design and unparalleled accessibility, located opposite Dubai Hills Estate.

The building will offer a variety of amenities to suit everyone, including a gym, yoga retreat, padel court, pools, and a unique dual track podium spanning over 500m. The podium will feature one lane for running and another for grounding. Each residence is fully furnished, the developer said.

“Opening Tower B highlights the community’s amazing response to our vision,” said Wissam Breidy, CEO of HRE Development. “The high demand for beautifully designed residences offering a holistic lifestyle has led to this expansion, providing more opportunities for buyers to invest in a purpose-driven community.”

HRE Development has partnered with Dubai Cares, committing US $8.17mn to support its global education programs. This partnership aims to provide residents with amenities and breathtaking views, all while ensuring that their investment directly contributes to the education of children in developing countries. Each resident will receive a personalised certificate from Dubai Cares, acknowledging their valuable contribution to this noble cause.

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Sunrise Capital has said it recently commenced construction on its signature luxury project, Bellagio by Sunrise. The groundbreaking ceremony which was attended by representatives from Sunrise Capital and project consultants, marked a significant milestone with the traditional soil turning ceremony, the firm said.

Nestled within the expanding Wasl Gate, the residential development stands as a testament to craftsmanship, visionary architecture, and a commitment to sustainability. With a valuation of US $109mn, Bellagio offers residents an array of amenities that cater to every need including: a temperature-controlled swimming pools and kids’ pools, a fully equipped gym, a dedicated yoga space, outdoor and indoor cinema facilities, children’s play areas and game rooms, co-working spaces, and sauna rooms, ensuring residents a harmonious lifestyle within the community, the developer stated.

Bellagio comprises two buildings, each rising 12 floors and housing 255 designed residential units. Each residence boasts floor-to-ceiling windows, high-end materials and finishes which are designed to create an ambiance of refined luxury.

“We are thrilled to see Bellagio by Sunrise officially get underway as this spectacular new project represents a new era in luxury and elevated community living,” stated Yogesh Bulchandani, Founder & CEO of Sunrise Capital. “This groundbreaking symbolises our commitment to quality and lifestyle excellence.”

Residents of Bellagio can enjoy easy access to Sheikh Zayed Road, Al Khail Road and the Dubai Metro, making daily commutes and leisure outings convenient; the location enhances the livability and investment potential of the property, the developer explained.

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Dutco and Sweid & Sweid have announced the launch of Terralogix, said to be the emirate’s largest privately-owned logistics park. The development, located in Warsan, Northern Dubai, aims to serve as a crucial node in Dubai’s supply chain infrastructure. The 3.3mn sqft Terralogix reinforces Dubai’s aspirations to become one of the top five Grade-A logistics hubs.

Maher Sweid, Founder and Managing Partner of Sweid & Sweid commented, “Terralogix will be developed by Dutco and Sweid & Sweid two UAE-based firms with strong heritage and established track records. The Dutco Group brings decades of expertise across many sectors including construction, hospitality, real estate, and oil and gas, while Sweid & Sweid is known for developing high quality, institutional-grade real estate assets. Together, we will be delivering Terralogix as a landmark project to spearhead the evolution of Dubai’s industrial sector.”

Nelson Gibb, CEO of Dutco Group added, “As the Dubai Economic Agenda D33 accelerates toward its target of doubling the city’s economy by 2033, logistics and trade sit at the heart of that vision. The project brings meaningful new capacity to a sector under pressure from surging demand and limited supply. With direct connectivity to major highways and immediate access to airports and seaports, Terralogix is well positioned to support businesses operating across the UAE and the wider region.”

Terralogix stands out for its location and adaptability. As one of the few large scale logistics developments in Northern Dubai, it offers access to areas underserved by other logistics facilities primarily concentrated in Southern Dubai. The park’s modular design and flexible leasing model empower tenants to scale, expand, or customise their facilities to precisely meet their needs. Phase One is currently underway and is expected to be completed in the third quarter of 2026, the statement concluded.

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Emaar Properties has launched VYOM, a digital resale platform to revolutionise the manner in which Emaar properties are acquired and disposed off.

Designed to cater to the discerning needs of contemporary homeowners and investors, VYOM provides a comprehensive and transparent experience, underpinned by the innovation and trust built by Emaar, said a statement.

With VYOM users gain complete control over the resale process, including creating listings, uploading property images, and managing inquiries directly, all within an intuitive interface. This transformative step represents a significant advancement in Emaar’s ongoing digital transformation, providing a more efficient and user-friendly alternative to conventional resale methods.

“As the real estate landscape shifts, so must we. VYOM is more than a platform—it’s a new way of thinking about property resale. It puts autonomy, trust, and speed into the hands of our customers,” said Mohamed Ali Alabbar, Founder of Emaar.

As Dubai’s real estate market experiences its dynamic growth, VYOM addresses longstanding inefficiencies, including pricing disparities, market opacity, and communication barriers. The platform enhances transparency and facilitates direct interaction between buyers and sellers, promoting equitable and well-informed transactions.

Now fully operational and accessible globally, VYOM signifies a new chapter in Emaar’s dedication to providing customer centric solutions throughout the entire property ownership lifecycle from acquisition to resale, and potentially rental in the future.

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Deyaar Development has unveiled Downtown Residences, a 445m tall residential development that will feature twin towers designed around the concept of vertical living.

By presenting the concept of vertical living, Downtown Residences reinforces Deyaar’s commitment to luxury living. Offering 522 units with views of downtown Dubai and the Burj Khalifa the project will feature a diverse range of one to three bedroom apartments, duplexes, penthouses, and an exclusive Royal Palace at the tower’s summit. The residences will provide a blend of luxury and convenience, said a statement from the developer.

The launch follows the success of Deyaar’s previous developments in Business Bay, showcasing its contribution to shaping Dubai’s urban living. Dynamic Avenue, a wellness and social hub will offer a curated lifestyle for residents while Sky Pinnacle 360, aims to provide amenities tailored to every dimension of elite urban living. Dynamic Avenue will also feature playrooms, multi-function lounges, kids’ creative havens, and curated social retreats.

Saeed Mohammed Al Qatami, CEO of Deyaar Development said, “We are proud to announce Downtown Residences, Deyaar’s most ambitious project to date, situated in one of Dubai’s most prestigious locations. This luxury high-rise is designed to transform urban living, offering residents an elevated experience that combines comfort, style, and modern amenities. Each floor has been carefully crafted to enhance the quality of life, creating spaces that foster connection and inspiration.”

“Our vision for Downtown Residences goes beyond mere construction; it is a commitment to excellence and innovation in real estate. We are confident that this landmark project will not only set a new standard for luxury living but also create exciting investment opportunities. Investors can trust that Downtown Residences will be a vital part of Dubai’s ongoing growth and development, aligning with the aspirations of the city and its vibrant community,” he added.

“Downtown Residences re-imagines urban living by drawing inspiration from Maslow’s Hierarchy of Needs, transforming traditional residential design into a structured journey of luxury, community, and self-actualisation. This transformative concept evolves traditional residential design into a structured journey of luxury, community, well-being, and self-actualisation,” added Patrick Bernard Rouse, Chief Development Officer at Deyaar Development.

Midway through the tower a Sensory Oasis will offer floating gardens, air yoga zones, AI meditation pods, an invisible spa, and luxury fitness spaces. At 100 storeys up, the Summit Society will boast dining concepts, exclusive lounges, a screening room, and Legacy Lounge. Downtown Residences will also have a residents Club with AI-powered workspaces, private executive pods, and networking hubs for business leaders.

The project will feature a dramatic central slit and five vertical zones that ascend from the Urban Oasis at podium level to the Sky Mansion. The integrated landscape design blurs the lines between nature and built space, offering serene moments within the high-energy bustle of the city, the developer said.

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