Home Integrator
Prospect Signs Strategic Partnership with Mulk Properties and OBG for The LX
Prospect has entered into a strategic partnership with Mulk Properties. The partnership signed is to formalise the development of The LX, valued at AED 350 million, located in the heart of Arjan. The strategic collaboration also brings together One Broker Group, an award-winning, developer-focused real estate agency in Dubai, as the exclusive sales partner for the project.
This landmark agreement marks a significant step toward reshaping Dubai’s commercial property landscape, with the signing ceremony held on 7th May at MayaBay, Jumeirah Al Naseem, Dubai. In 2024, the Dubai commercial property market recorded a 24% jump in growth, with almost 3,000 office units sold, with transactions valued at AED 89.9 Billion*. This double digit YoY growth pattern is expected to continue with more and more companies registering with Dubai Chamber of Commerce and the lack of office spaces to meet this demand.

Dubai’s commercial real estate market is experiencing dynamic growth across all sectors. The city’s strategic location, business-friendly policies, and infrastructure developments continue to attract global investors and companies, positioning Dubai as a leading commercial hub in the region. According to the UAE Commercial Construction Industry Report of 2025, the sector was valued at AED 156 billion in 2024 and is projected to reach AED 207 billion by 2030, reflecting robust growth with a compound annual growth rate (CAGR) of 4.7%**
“At Prospect, we are proud to partner with Mulk Properties — the real estate development arm of the global conglomerate Mulk International, known for their innovation, scale, and leadership across businesses across 4 continents,” said Rohit Verma, Co-founder of Prospect. “Our vision aligns deeply with our partners and together we want to create purpose-built, high-performance workspaces that cater to the next generation of business owners. Arjan is one of the most exciting emerging districts in Dubai today, with a steady pipeline of residential and hospitality developments. We will now bring a unique aspect to the real estate landscape of Arjan with our commercial development catered to a huge market gap for offices and retail spaces. Its central location near major highways, established communities, and key business zones makes it an ideal destination for a future-forward commercial asset. We believe The LX will become a signature address for modern businesses in Dubai and we look forward to this journey with Mulk Properties.”
“It is indeed our pleasure to partner with Prospect as we continue to expand our unique real estate portfolio. After Zim Cyber City, our state-of-the-art mixed-use development in Harare, Zimbabwe and the sprawling Ajman Sports Complex spread across 1 million square feet, we are excited to explore the Dubai commercial real estate market, which is growing exponentially,” said Nawab Shaji Ul Mulk, Chairman of Mulk International. “With Prospect’s strategic involvement, we are confident that our upcoming project The LX will become a destination of choice for forward-thinking entrepreneurs, retailers, and investors looking for both prestige and practicality.”
Umar Bin Farooq, Founder & CEO of One Broker Group (OBG), added: “We are proud to lead the sales on this landmark project. The LX represents the future of commercial developments, where design meets function, and where businesses can thrive. Arjan’s growth trajectory and connectivity also make this a project of incredible promise. At OBG, we’ve successfully transacted over AED 7 billion in residential sales. We believe this sector is primed for strong demand—especially in underserved locations like Arjan. Businesses are looking for elevated, flexible office environments, and The LX delivers exactly that. With its premium finishes, retail integration, and F&B offerings, it will offer a complete ecosystem for both investors and end users.”
Designed to meet the evolving demands of modern businesses, The LX will feature 71 boutique office and spacious retail units. With generous balconies, refined finishes, and a dedicated F&B hub, the project balances clean, modern design with practical commercial functionality. The development is currently in the off-plan stage, with a targeted handover in Q1 2027. With seamless access to Sheikh Zayed Road, The LX enjoys unparalleled connectivity and visibility, making it an ideal business address in a rapidly expanding community.
The project also aligns with Prospect’s long-term strategy of investing in future-ready, design-led developments with high growth potential across Dubai. This partnership further cements Mulk Properties’ commitment to diversifying its real estate portfolio in the UAE, while reinforcing Prospect’s growing reputation for identifying and enabling landmark investments in emerging neighborhoods.
Home Integrator
BEYOND DEVELOPMENTS REVEALS A NEW VISION FOR PURPOSEFUL LIVING ON DUBAI ISLANDS WITH SIORA
BEYOND Developments, the bold and design-led real estate developer shaping next-generation waterfront destinations in the UAE, today unveiled SIORA, its first beachfront masterplan on Dubai Islands and the company’s second large-scale community within a year. The launch underscores BEYOND’s accelerated growth and strong alignment with Dubai’s future urban vision.
Spanning over 2M square feet, SIORA is conceived as a coastal sanctuary inspired by Japanese garden philosophies, including the pursuit of Ikigai, the Japanese concept of finding purpose and fulfilment in everyday life. In this context, it reflects a philosophy of creating spaces that bring clarity, balance, and a sense of meaning, where architecture nurtures wellbeing and restores harmony between people, nature, and place.
Commenting on the launch, Adil Taqi, CEO of BEYOND Developments, said: “Since its inception in 2024, BEYOND had an exceptional journey with nine launches in 2025 that delivered opportunities for a wider audience to experience a richer and more meaningful life. Today, I am thrilled to announce the launch of SIORA, the company’s second cluster masterplan and bold new expansion into beachfront destinations, spanning over 2 million sq ft with 2.7 million sq ft of GFA on the beautiful Dubai Islands.”
“This masterplan aims to define the next generation of urban coastal living, in line with Dubai’s inspirational 2040 Urban Master Plan that puts wellbeing, walkability, and nature at the heart of community life. It embodies our vision for future waterfront living environments where where design excellence, natural beauty, and emotional connection come together to empower people to live balanced experiences and connect purposefully with nature and the community. This coastal sanctuary is inspired by Japanese garden philosophy of finding purpose and fulfilment in everyday life, and reflects closely our long-term goal to elevate human life through every space we create and in every segment we operate in,” added Taqi.
Over the past year, BEYOND has delivered nine launches, welcomed residents and investors from over 40 countries, and exceeded AED 10 billion in sales, a trajectory that reflects the company’s momentum and the market’s trust in its design-led approach.
Taqi emphasised: “SIORA represents the next phase of BEYOND’s expansion across Dubai’s coastline. It reflects our commitment to creating thoughtfully designed communities that carry lasting value and deeper meaning for a global audience. SIORA will introduce a new benchmark for waterfront living on Dubai Islands, a complete coastal ecosystem of homes, hospitality, and lifestyle experiences.”
SIORA is planned as a pedestrian coastal district where nature shapes the rhythm of daily life. More than 70 percent of the masterplan is dedicated to open green spaces, creating over 1.5M sqft of landscapes that enhance comfort and bring people closer to the coastline. Along 6 km of continuous beachfront, the sea becomes an integral part of community living and outdoor wellbeing.
Shaded routes and landscaped terraces encourage effortless movement and social connection throughout the day. These pathways introduce cooler microclimates and frame calming outlooks toward the water and the horizon, enabling a lifestyle that feels active, grounded, and innately human. And as a defining layer of placemaking, curated cultural and artistic expressions will enrich SIORA’s public realm, introducing sculptural installations influenced by Japanese aesthetics. These creative interventions will enhance the community’s identity and transform every journey through the destination into a continuously inspiring cultural experience.
Sustainability is embedded into the core of the design through three guiding natural forces inspired by Japanese garden philosophy. Kaze shapes how the community captures coastal winds to enhance natural ventilation and outdoor comfort. Mizu integrates water as a cooling and reflective element that moderates the microclimate while restoring stillness and balance. Kage governs the interplay of light and shadow, informing building orientation, shading, and materiality to reduce heat gain and create comfort naturally. Together, these principles define a coastal environment where design, nature, and sustainability operate as one.
SIORA marks the beginning of a multi-phase presence for BEYOND on Dubai Islands, reinforcing BEYOND’s role in shaping the future of Dubai’s coastline and elevating the standard for purposeful, design-led waterfront living.
Home Integrator
OBJECT 1 EXPANDS INTO UAE CAPITAL, LAUNCHING FLAGSHIP SALES GALLERY IN ABU DHABI
Object 1 Real Estate Development, an award-winning and rapidly growing developer, has officially expanded into Abu Dhabi with the launch of its first Sales Gallery in the capital, marking a significant milestone in strengthening its presence across the UAE.
To celebrate this achievement, Object 1 hosted an exclusive networking event, “Meet & Greet: Exploring Abu Dhabi’s Real Estate Market,” at the prestigious Emirates Palace Mandarin Oriental. The event brought together over 1,000 attendees, including government officials, VIPs, leading agencies, and top brokers. Renowned media personality Kris Fade compered the evening, ensuring a dynamic and engaging atmosphere for all guests.
Tatiana Tonu, CEO of Object 1, commented, “Abu Dhabi’s market is evolving quickly, and we see tremendous potential for lifestyle-focused developments. Opening our Sales Gallery in Abu Dhabi and hosting this ‘Meet & Greet’ reflects our commitment to building deeper relationships with local partners and clients. This event provides a platform for real estate professionals to share insights, explore collaboration opportunities, and engage directly with buyers and investors.”
Looking ahead, Object 1 is committed to further growth in Abu Dhabi. The company sees the capital as one of the most promising directions for expansion. In addition to the new Sales Gallery, there are already several upcoming projects on Reem Island, supported by a dedicated team focused on delivering design-led, high-quality developments tailored to the evolving Abu Dhabi market.
Object 1 continues to build on its remarkable performance in Dubai, where it has rapidly become one of the top fifteen developers in just three years. In the first half of 2025 alone, the company recorded significant growth in both sales value and volume compared to the same period last year. Since launch, Object 1 has sold over 2,680 units and manages a development pipeline exceeding 4.5 million square feet across high-demand communities, including JVC, JVT, Al Furjan, Sports City, Jumeirah Garden City and Dubai Land Residence Complex. The company currently has 17 active, design-led projects focused on wellness, sustainability, and family- and community-centric living, creating long-term value for buyers and investors alike.
Abu Dhabi’s market fundamentals are strong, with growing buyer demand and increasing interest from high-net-worth individuals and international investors from Europe, the Middle East, and Asia. The emirate’s diversification strategy and attractive investment yields make it a prime market for sustainable, long-term growth. Object 1’s entry into Abu Dhabi marks the beginning of a new phase of expansion, leveraging its proven track record and design-led approach to meet the expectations of buyers and investors in the capital.
Home Integrator
PROPERTY FINDER, MENA’S LEADING REAL ESTATE PLATFORM, ROLLS OUT THE REGION’S FIRST HOME VALUATION FEATURE WITH FORWARD-LOOKING VALUE INDICATORS
Property Finder, MENA’s leading real estate search platform, launches the first-of-its-kind Home Valuation feature with a six-month forecast. Designed to bring greater confidence and transparency to property decisions, the tool equips buyers, investors, homeowners, and renters with data-backed home valuation estimates to help them better understand a property’s market value today and in six months’ time.
Exclusively available through the Property Finder app, the feature delivers AI-powered home value estimates that go beyond traditional valuation tools. It combines proprietary data, market sentiment and insights to predict the value of a property, leveraging what the company calls, “human powered AI” – a hybrid of machine learning and human expertise that reflects real-world dynamics. Decades of Property Finder data has been used to build the intelligence, leveraging millions of data points.
Users can also track up to 10 properties through the tool. Whether it’s a primary home, an investment property, or a mix of both, users can view all of them in one place through the Portfolio section, making it easy to monitor performance and stay updated on valuations.
In a market known for rapid shifts and speculative trends, this feature introduces a long-overdue layer of trust, transparency and clarity in the home valuation process for the region. By integrating forward-looking indicators rather than relying solely on past sales data, the tool responds in real time to market momentum and localised shifts in demand.
This launch comes as the real estate industry enters a new era of AI transformation – an era that is redefining the very role of a property platform. The interface is evolving from static search to intelligent conversations. The experience is expanding from listings to end-to-end journeys and the monetisation model is shifting from ads to insights, transactions, and services.
“At Property Finder, our mission has always been to empower consumers with technology that simplifies and informs their home-buying journey,” said Fernando Fanton, Chief Product and Technology Officer at Property Finder. “Time and again, our research shows that valuation is the number one concern for both buyers and sellers. With our new Home Valuation feature, we’re giving people a clear, data-driven view of what a property is worth today – and, importantly, what it could be worth in the future. It helps answer the questions that matter most: Is this property fairly valued? Is it a good investment? How might its value evolve over time?”
“This is about more than numbers,” he added. “It’s about restoring confidence and removing the uncertainty that so often clouds the buying process. The Home Valuation feature gives people clarity at the moment they need it most, helping them make informed decisions about what is often the biggest financial commitment of their lives — their home.”
Consumer studies by Property Finder confirm that home values remain the top factor driving purchase and rental decisions, yet it’s also the greatest source of hesitation. By delivering instant, intelligent valuation insights, this latest feature acts as a trusted guide in what is often a complex and emotionally charged process.
Whether buying, selling, or simply curious about a property’s value, users can now access credible, real-time value predictions with just a few taps on the Property Finder mobile app.
The launch of the Property Finder Home Valuation feature reinforces Property Finder’s commitment to innovation and its role as the category-defining platform in the MENA real estate landscape.
-
Tech News1 year agoDenodo Bolsters Executive Team by Hiring Christophe Culine as its Chief Revenue Officer
-
VAR8 months agoMicrosoft Launches New Surface Copilot+ PCs for Business
-
Tech Interviews2 years agoNavigating the Cybersecurity Landscape in Hybrid Work Environments
-
Tech News5 months agoNothing Launches flagship Nothing Phone (3) and Headphone (1) in theme with the Iconic Museum of the Future in Dubai
-
Tech News2 years agoBrighton College Abu Dhabi and Brighton College Al Ain Donate 954 IT Devices in Support of ‘Donate Your Own Device’ Campaign
-
Editorial1 year agoCelebrating UAE National Day: A Legacy of Leadership and Technological Innovation
-
VAR1 year agoSamsung Galaxy Z Fold6 vs Google Pixel 9 Pro Fold: Clash Of The Folding Phenoms
-
Cover Story9 months agoUnifonic Leading the Future of AI-Driven Customer Engagement


