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BNW Developments Signs Billion-Dirham Alliance with Masah, Middle East’s Tier‑1 Contracting Company, for Ultra-Luxury Project, Aqua Arc

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In a strategic move that reflects precision, pedigree, and performance, BNW Developments has officially signed MAN Construction (a subsidiary of the Masah Group) as the principal construction partner for Aqua Arc, its iconic waterfront project set to redefine ultra‑luxury living in Ras Al Khaimah. Aqua Arc marks the beginning of what promises to be a long‑term collaboration between the two powerhouse firms, with more landmark projects already in the pipeline.

This collaboration brings together two industry titans: BNW, the region’s fastest‑growing private developer with a bold AED 22+ billion portfolio, and MAN Construction/Masah, a Class A contracting giant renowned across the GCC for its turnkey capabilities. The signing ceremony witnessed the presence of distinguished leadership from both sides, underscoring the strategic weight of the alliance. Representing Masah and its subsidiaries were Mr. Mohammed Nayeem (Chairman, Masah Holdings & MAN Constructions, Dubai), Sheikh Mohammed Bin Sulaiman Alhabib (Vice Chairman, Masah Construction & Alpha Metals), Mr. Althaf Kazi (CEO & Managing Partner, MAN Specialized Contracting, UAE), Mr. Mirza Naseem Beg (CEO & Managing Partner, Alpha Metals, Saudi Arabia & UAE), and Mr. Mohammed Misbah (Advisor to the Chairman). From the BNW Developments side, Mr. Ankur Aggarwal (Chairman & Founder) and Mr. Vivek Anand Oberoi (Managing Director & Co-founder) were present, each playing a pivotal role in bringing this illustrious partnership to fruition.

Founded on values of technical integrity and delivery at scale, Masah has delivered some of the GCC’s most ambitious constructions, from Ajdan Rise to major healthcare assets like Sulaiman Al Habib Hospitals and Almoosa Specialist Hospitals. Their excellence extends to award-winning marine and aviation infrastructure, including the Red Sea Global Terminal at the Red Sea International Airport.

At the heart of this powerhouse lies Dr. Sulaiman Al Habib, one of the most influential figures in the region’s healthcare and infrastructure ecosystem. His vision, discipline, and expansive legacy have set unmatched standards for quality across industries. His son, Sheikh Mohammed Bin Sulaiman Alhabib, continues to carry that mantle forward, playing a key role in bridging prominent international partnerships.

The group’s Chairman, Mohammed Abdul Nayeem, was recently named among the top 25 in Construction Week Middle East’s Power 150 list, with MAN Construction being recognised as a Tier 1 Contracting Company. His leadership has consistently aligned innovation with impact, earning the group accolades across healthcare, hospitality, residential, and aviation sectors.

“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.” – Mohammed Abdul Nayeem, Chairman of Masah holdings and MAN constructions.

Aqua Arc, nestled on the pristine coast of Al Marjan Island, is among BNW’s most anticipated ventures, an architectural ode to elegance, functionality, and sea-facing serenity. With MAN onboard, the execution enters a new realm of confidence and capability.

“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,” shared Mr. Ankur Aggarwal, Chairman & Founder, BNW Developments

“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 Mr. Vivek Anand Oberoi, Managing Director & Co-Founder, BNW Developments

As the largest private developer in Ras Al Khaimah, BNW continues to lead with intent, scale, and an investor-first focus. The collaboration with a group of Masah’s calibre, reinforced by the institutional credibility of the Dr. Sulaiman Al Habib legacy, marks a significant inflection point in BNW’s regional trajectory. Beyond the immediate commencement of Aqua Arc, this partnership strengthens BNW’s operational depth, governance alignment, and cross-border reliability, key enablers for sustainable expansion into new markets. Mr. Vivek Anand Oberoi, Managing Director and Co-founder of BNW Developments, also hinted at the brand’s imminent expansion into Saudi Arabia in 2026, marking the next frontier in its regional growth story.

With the goodwill and strategic capital this alliance brings, BNW is well-positioned to establish a meaningful footprint in one of the most competitive real estate landscapes in the Middle East.

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MILLION DOLLAR LISTING UAE RETURNS WITH ‘NO BLING. ALL REAL.’ SEASON 2

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The five main cast members of Million Dollar Listing UAE Season 2 (Ben Bandari, Riad Gohar, Rami Wahood, Sarah Serhan, Mai Khaled) posing in formal attire in a modern, luxury setting for STARZPLAY.

STARZPLAY, the leading subscription video-on-demand (SVOD) service in the MENA region, and co-producer Image Nation Abu Dhabi, are bringing back one of its most talked-about reality franchises with the highly anticipated premiere of Million Dollar Listing UAE Season 2. Sponsored by Aldar and DAMAC, the new season launches today, 10 December 2025, with a fresh mix of rivalries, high-stakes dealmaking, and deeply personal stories set against the backdrop of Abu Dhabi and Dubai’s competitive real estate market.

Returning cast members include veteran realtor and Executive Producer Ben Bandari, along with Riad Gohar and Rami Wahood, each bringing their signature style and competitive edge back to the screen. Joining them are two new wild cards, Sarah Serhan and Mai Khaled, whose arrival disrupts the balance and raises the stakes for everyone involved. While the multimillion-dirham listings set the stage, the heart of the show lies in the tensions, alliances, and ambitions that push these dealmakers to their limits.

The STARZPLAY Original is based on the Emmy® nominated Million Dollar Listing format from Bravo and was the first version of the franchise outside of the United States. The format is licensed internationally by NBCUniversal Formats, a division of Universal Studio Group. 

Season 2 dives deeper into what drives the region’s most ambitious agents. With 12 episodes in total, audiences will witness how personal challenges and big opportunities shape the journeys of five agents navigating one of the world’s most dynamic property landscapes. The series is produced by Navigation Films, the production company who also worked across other UAE based reality series including The Real Housewives of Dubai, which is also licensed by NBCUniversal Formats. 

Inspired by global fan favourites, Million Dollar Listing New York and Million Dollar Listing Los Angeles, the UAE edition offers its own distinctive perspective shaped by the local market. True to its tagline, ‘No Bling. All Real,’ Season 2 leans into authenticity, proving that in this market, personality is as influential as property.

Episodes of Million Dollar Listing UAE Season 2 will begin streaming exclusively on STARZPLAY starting 10 December 2025, with two new episodes released weekly. Viewers can revisit Season 1 on the platform as well.

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RAK’S FASTEST-SELLING PROJECT MONDRIAN AL MARJAN BEACH RESIDENCES SELLS 200+ UNITS IN 2 HOURS MARKING AED 704M IN SALES

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A high-angle architectural rendering of the Elevate Mondrian Al Marjan Island development, showing the massive resort complex, curved towers, and extensive beachfront facilities

ELEVATE, the visionary lifestyle real estate brand, has officially shattered market records in Ras Al Khaimah. Following a spectacular launch event at Atlantis The Royal on 26th November, the Mondrian Al Marjan Island Beach Residences became the emirate’s fastest-selling project, recording AED 704 million in sales within just two hours.

The overwhelming response saw more than 200 units snapped up by investors and homeowners almost immediately, validating the project’s status as the most anticipated branded residence in the Northern Emirates. Capitalizing on this extraordinary momentum, ELEVATE has announced that the final 100 units will be released soon.

The project, valued at AED 1.8 billion, is developed in partnership with Ennismore, the world’s fastest-growing lifestyle hospitality company. Designed by global leaders Gensler and Bergman Design House, the development creates a new benchmark for branded beachfront living, blending bold architecture with sensory storytelling, a combination that has resonated deeply with global investors.

Zeeshaan Shah, Founder & Chairman of ELEVATE, commented on the record-breaking success, “The incredible demand we witnessed, selling over AED 700 million in just two hours, is a powerful validation of our vision for Mondrian Al Marjan Island Beach Residences. We didn’t just launch a building; we introduced a new standard of lifestyle that resonates deeply with global investors. This rapid absorption proves that Ras Al Khaimah is no longer just an emerging market; it is a prime destination for luxury real estate, and ELEVATE is proud to be leading this transformation.”

The Next Chapter of Luxury The newly released inventory will offer a mix of the project’s most sought-after layouts. Buyers moving quickly on this next phase will have the opportunity to secure homes within the development’s three signature distinct tiers:

  • The Residences: Chic 1–3 bedroom apartments.
  • The Front Row Collection: Exclusive beachfront townhouses with direct beach access.
  • The Sky Collection: Breathtaking duplex and triplex sky villas with private pools.

Residents will enjoy proximity to the upcoming Wynn Al Marjan Island and access to over 60,000 sq. ft. of curated amenities, including the Mondrian Sky Club, the region’s first Fi’lia Beach, and Accor Platinum Status benefits worldwide.

With construction moving ahead and completion scheduled for Q4 2028, the Mondrian Al Marjan Island Beach Residences continues to set the pace for luxury real estate in Ras Al Khaimah.

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HISTORIC MILESTONE: ‘SHAHRUKHZ BY DANUBE’ AED 2.1 BILLION DEVELOPMENT COMPLETELY SOLD OUT ON LAUNCH DAY

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Bollywood superstar Shah Rukh Khan and Danube Group Chairman Rizwan Sajan shaking hands on stage at the launch event of the SHAHRUKHZ by Danube commercial tower in Dubai.

Following the viral unveiling in Mumbai, the much-anticipated ‘SHAHRUKHZ by Danube’ – a premium commercial tower named in honour of Bollywood megastar Shah Rukh Khan – received a spectacular launch in Dubai in the presence of the iconic actor and Rizwan Sajan, Founder & Chairman of the Danube Group. The highlight of the gala night was when Danube’s head honcho proudly announced a complete sell out of ‘SHAHRUKHZ by Danube’, an AED 2.1 billion development on the launch day.

“The record-breaking success of ‘SHAHRUKHZ by Danube’ is a proud moment for us. This overwhelming response is a clear reflection of the project’s unmatched value – from its prime location with seamless access to Dubai’s key destinations, to its world-class amenities and thoughtfully crafted design inspired by global luxury standards. Every element of this tower was envisioned to offer a lifestyle that stands apart, and the demand we witnessed confirms that we have delivered something truly exceptional to the market,” said Rizwan Sajan. 

This celebratory launch at Dubai Exhibition Centre, Expo City, was attended by over six thousand guests, including leading personalities from the UAE, top creators, influential business leaders, prominent real estate stakeholders, and global media.

‘SHAHRUKHZ by Danube’ marks a landmark collaboration between two trailblazers who have dominated their respective industries for more than three decades. Set to illuminate the Dubai skyline, this premium commercial tower will rise majestically on the Sheikh Zayed Road, emerging as a prestigious address for global entrepreneurs, innovators, and visionaries. With more than 35 amenities under one roof, the tower is thoughtfully designed to elevate professional life and seamlessly enhance work–life balance for its occupants.

Expressing his gratitude at the launch, Shah Rukh Khan said: “To see a project of this scale in Dubai carry my name is both an honour and a reminder of how generosity and vision can come together. Dubai has always embraced me with warmth – it’s a city built on courage, imagination, and the belief that nothing is impossible. ‘SHAHRUKHZ by Danube’ reflects that very spirit. I’m grateful to be associated with Mr. Rizwan Sajan and Danube, a brand that continually pushes boundaries and inspires people to dream bigger.”

Echoing this sentiment, Rizwan Sajan, Founder and Chairman of Danube Group, added: “Shah Rukh Khan and Danube share a parallel journey – both starting modestly more than three decades ago, driven by the belief that passion and persistence can rewrite destinies. Shah Rukh transformed his dreams into a global legacy, a philosophy that resonates deeply with our growth at Danube. ‘SHAHRUKHZ by Danube’ brings together these two stories of determination and aspiration, standing as a global testament to vision, value, and the limitless power of dreaming without boundaries.”

Meanwhile, speculation is rife about whether a ‘SHAHRUKHZ by Danube 2.0’ is in the works. Playing along, Rizwan Sajan teased the crowd with SRK’s classic line: “picture abhi baaki hai mere dost.”

Spanning over 1 million square feet of built-up area, ‘SHAHRUKHZ by Danube’ represents an iconic fusion of luxury, innovation, and star power. The tower sets a new benchmark for premium commercial real estate in Dubai, combining world-class architecture with an address inspired by the King of Bollywood. With units starting at AED 2 million, the development will comprise 488 units, bringing its total valuation to AED 2.1 billion.

The premium business tower boasts more than 35 world-class amenities, including a sky pool, a dedicated helipad for air taxis, valet services, and exclusive executive lounges – each crafted to redefine productivity, prestige, and professional excellence. Its prime location also offers exceptional proximity to Dubai’s most iconic destinations, including the Burj Khalifa, Dubai International Airport, and the Gold Souk.

With its signature 1% monthly payment plan, Danube continues to democratize property ownership in one of the world’s most aspirational cities. The project reaffirms the brand’s commitment to offering luxurious, high-value investments without compromising on accessibility.

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