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Leading Ajman Developer GJ Properties Announces AED 4 Billion Investment in 2025-’26

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GJ Properties

GJ Properties has announced AED 4 billion in investments for upcoming projects scheduled across 2025 and 2026. The company’s robust performance is evident in its recent achievements, with 800 units sold in the last month alone. Looking ahead, GJ Properties plans to launch around 10 new projects in 2025, collectively offering approximately 4,500 units that cater to diverse lifestyle needs across the UAE.

GJ Properties, rooted in the cultural fabric of Ajman, stands as a testament to family-business success in its second generation of leadership. The company’s growth remains deeply intertwined with the community’s progress, driven by a foundation of humility, vision, and an unwavering commitment to quality.

“The UAE’s real estate market continues to present incredible opportunities, and we are proud to contribute to this dynamic sector while honoring our family’s legacy,” said Ali Jaber, CEO of GJ Properties. “Our upcoming projects in Ajman and Dubai, reflect our commitment to providing world-class living spaces that resonate with our values of integrity, innovation, and excellence.”

Among its most anticipated developments is the Biltmore Residences Sufouh in Dubai – a sophisticated residential enclave designed to elevate modern living. Slated for completion in Q4 2025, the project is already 65% sold, and over 61% of the construction is now complete. “The response to Biltmore Residences Sufouh has exceeded our expectations,” Jaber added. “This development encapsulates our vision for the future: elegant, sustainable, and community-centric living.” Some of the most coveted penthouses and their signature Atmosphere Collection is now available for those looking for the best in class offering from this branded residence.

With this strategic expansion, GJ Properties continues its mission to shape the UAE’s real estate landscape while staying true to its cultural roots and family-driven ethos with more projects upcoming in Ajman. Ajman offers a compelling investment opportunity with its strategic location, affordable property prices, and investor-friendly regulations. The emirate has seen consistent growth in infrastructure and development, making it an attractive alternative to larger markets like Dubai and Abu Dhabi. With high rental yields, a growing population, and ongoing urban development, Ajman stands out as a promising destination for real estate investors seeking long-term returns in the UAE. 

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ONTHELIST BRINGS LE CREUSET’S ‘FACTORY TO TABLE’ SALE TO DUBAI FOR THE FIRST TIME

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OnTheList, the region’s beloved members-only luxury flash sales platform, has partnered with Le Creuset to bring the brand’s legendary Factory to Table sale to Dubai this May. Founded in 1925, Le Creuset is globally renowned for its craftsmanship, durability, and iconic design, and is beloved by home cooks and professional chefs alike. For the first time ever in the UAE, shoppers will have access to exclusive discounts of up to 60% off premium cast iron cookware, bakeware, and kitchen essentials. 

Some cookware is bought. Some is inherited. And some is hunted for, queued for and talked about for years. Le Creuset falls into that last category. The sale will take place at Dubai Design District, with an online edition running simultaneously for those who prefer to shop from home.

Le Creuset is one of those brands that people here have a genuine, deep love for and to be the platform bringing this sale to the region for the first time is something we are incredibly proud of“, said Delphine Lefay, Co-Founder of OnTheList. “The Factory to Table sale has built a passionate following in the United States unlike anything else in the cookware world. We wanted to create that same moment here in Dubai”.

Since launching in the UAE in 2024, OnTheList has brought over 50 flash sales to the region, both online and through in-person events, delivering curated collections across high-end fashion, beauty, lifestyle and home categories to a growing community of members who return for the thrill of what each new sale might bring. The Le Creuset Factory to Table partnership is the most significant event the platform has brought to the region to date.

Event Details:

What: Le Creuset Factory to Table sale, presented by OnTheList | Where: Dubai Design District, Building 11 | Dates: From 15th to 18th May 2026 | Time: From 8am – 8pm (registration required) | Online sign up: Exclusive access via https://otl.sale/fv0lik

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DEYAAR ANNOUNCES Q1 FINANCIAL RESULTS, SUSTAINING STRONG STRATEGIC MOMENTUM INTO 2026

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Deyaar Development PJSC (Deyaar), a publicly listed integrated real estate company and one of the leading developers in the United Arab Emirates, today announced its financial results for the first quarter of 2026, showcasing significant growth and strategic resilience in a dynamic market environment.

Deyaar recorded a 3.2% increase in revenue for YTD March’26, reaching AED 447.1 million compared to AED 433.4 million in the same period last year. This growth was achieved despite a downturn in the hospitality sector, offset by robust performance in Property and Facility Management.

Profit before tax climbed 23.3% to AED 147.7 million for YTD March’26 compared to AED 119.8 million in YTD March’25, reflecting the company’s adeptness in maintaining momentum amidst market fluctuations. Total assets rose by 12.1%, amounting to AED 8,151.5 million as of March 31, 2026, demonstrating the company’s strategic asset management.

Commenting on the results, Saeed Mohammed Al Qatami, CEO of Deyaar, said:Open quotation mark outlineThis quarter reflects healthy business momentum and a productive start to 2026. We are witnessing steady progress in our financial results, driven by our strategic foresight and a continuous commitment to delivering long-term value for our stakeholders.

Our success mirrors the strength of the UAE and Dubai, which entered this period of global tension from a position of strength; backed by strong fiscal buffers, supply chain flexibility, and healthy consumer demand. What distinguishes this environment is the clarity of leadership and a proactive policy framework that preserves stability and maintains confidence across the system, allowing us to turn challenges into opportunities for sustained growth.

The fundamentals of Dubai’s real estate market remain robust, supported by high demand and favourable economic conditions, allowing us to effectively capitalize on emerging opportunities. We are also dedicated to sustaining profitability while strategically launching select projects that address our customers’ evolving requirements.

Our recent handover milestone showcases our operational efficiency and dedication to delivering quality projects, while our substantial project backlog positions us to meet growing demand. We are well-equipped to harness these opportunities and continue driving future growth.

In Q1, Deyaar achieved a significant milestone by handing over 1425 units across three major projects in Dubai, including the luxury residential tower Regalia in Business Bay, the final district of Jannat in Midtown, and Talia Residences in Al Furjan. This handover reflects Deyaar’s dedication to enhancing the built environment in alignment with Dubai’s 2040 Urban Master Plan.

The UAE real estate market remains stable, driven by robust fiscal policies and significant global capital inflows. Within this resilient landscape, Deyaar continues to strengthen its leadership through a disciplined approach to balance sheet management and strategic execution, highlighting its commitment to sustainable growth. 

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GROVY DEVELOPERS SIGNS WITH WYNDHAM TO BRING RAMADA RESIDENCES TO DUBAI ISLANDS

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Grovy Developers, an award-winning real estate developer in Dubai, has partnered with Wyndham Hotels & Resorts, one of the world’s largest hotel franchising companies, to launch Ramada Residences by Wyndham at Dubai Islands, in partnership with USquare as development partner.

The agreement was formally signed at a full-house event attended by senior leadership from all three organisations, including Abhishek Jalan, CEO of Grovy Developers, Dimitris Manikis, President, Europe, Middle East & Africa (EMEA), and Govind Mundra, Head of Development for the Middle East and Africa (MEA) at Wyndham Hotels & Resorts, along with Ubaid Ur Rehman Shaikh      and Muhammad Umeed     Founders of USquare Luxe Properties. The event saw overwhelming interest from investors and brokers, with attendance exceeding capacity and Expressions of Interest registered on-site—reflecting strong demand for the project even amid evolving global market conditions.

Abhishek Jalan, CEO of Grovy Developers, said: “Branded residences are reshaping real estate investment in Dubai. This partnership is strategically significant for Grovy, as we will leverage the world-class recognition of Wyndham to enhance the overall value of our projects. By implementing Wyndham’s global asset management and operational standards, we can ensure that buyers will receive professionally managed residences with an ongoing consistent level of service. The result is an island address backed by globally recognised hospitality standards, setting a new benchmark for how people live and invest in Dubai.”

Building on this vision, Grovy Developers has established a strong track record in the UAE market since 2015, with the successful delivery of residential developments that are now fully operational and reflect the company’s commitment to quality and end-user satisfaction. Its entry into the branded residences segment is a deliberate strategic move, aimed at elevating residential living standards while creating long-term value for investors. In line with this approach, Grovy sought a globally recognised hospitality partner that could seamlessly integrate service-led living into its developments, ensuring both the residential experience and asset performance. This established reputation and forward-thinking strategy positions Grovy as a natural partner of choice for Wyndham Hotels & Resorts as it expands its branded residences portfolio in the region.

Dimitris Manikis, President EMEA, Wyndham Hotels & Resorts, said: “This project reflects our continued confidence in Dubai’s long-term fundamentals and the ongoing demand for high-quality branded residential offerings, even against a challenging environment. By combining Grovy’s local development expertise with Ramada’s globally recognised standards, we are focused on delivering a property that supports sustainable, long-term value for residents and investors. Through Ramada Residences Dubai Islands, Wyndham is actively opening up the  branded residences category to a broader audience through a more accessible offering . We remain committed to working closely with our partners to support thoughtful growth across the region.”

Scheduled for handover in Q3 2027, the property will feature a boutique collection of fully furnished residences and penthouses. Ramada Residences by Wyndham at Dubai Islands comprises one-, two-, and three-bedroom apartments, and four-bedroom penthouses.  The residence applies hotel-grade services and operations underpinned by the quality assurance of a world-leading international hospitality brand. Residents will enjoy more than 20 leisure amenities, including an aqua gym, golf simulator, open theatre, and temperature-controlled infinity pool. Ramada Residences by Wyndham at Dubai Islands is among a select number of residences approved for short-term leasing on Dubai Islands.

Located in the cultural district of Dubai Islands, a master-planned coastal destination designed for leisure, connectivity and long-term growth, the development benefits from open beaches, expansive green spaces and direct access to the city in line with the Dubai 2040 Urban Masterplan.

Ubaid Ur Rehman Shaikh and Muhammad Umeed, Co-Founders of USquare Luxe Properties, said: “As landowners and development partners, our strategic goal is to work closely with brands which share our vision, and we are proud to be in partnership with Grovy Developers and Wyndham in this journey. The vast experience of Grovy and USquare Luxe Properties combined with a global name like Wyndham will deliver lasting value for buyers, investors, and the broader Dubai market.” Backed by a prime location and strong market fundamentals, the project reinforces growing investor confidence in Dubai’s evolving real estate landscape.

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