The Trump Organisation is launching a new tower in Dubai, which will include luxury penthouses priced at $20 million. This comes as the company also prepares to start a new property project in Qatar, just ahead of a visit by US President Donald Trump to the Gulf region.

The Trump Organisation has partnered with Dar Global Plc, a Saudi Arabian developer listed in London, to build an 80-story tower on a major highway in Dubai. The tower will have stunning views of the Burj Khalifa, the world’s tallest building. The project will include a hotel, branded homes, a members-only club, and penthouses with sky pools. It will take a few years to complete.

The new tower will have 126 hotel rooms and 446 apartments. The price for apartments will start from Dh4 million to Dh5 million ($1.1 million – $1.4 million), while the penthouses will cost around Dh74 million. The total value of the project is $1 billion, and demand has been strong, according to the companies involved.

One unique feature of this project is that buyers will be able to make payments using cryptocurrencies like Bitcoin and Ethereum, which the Trump family has invested in.

At the same time, Dar Global’s CEO, Ziad El Chaar, mentioned that the company is also planning a new property project in Qatar with the Trump Organisation.

These announcements come ahead of Trump’s trip to the Gulf, where he will visit Saudi Arabia, Qatar, and the UAE, including Dubai.

The Dubai tower project is an important step for the Trump Organisation, as it follows the cancellation of a previous project in Dubai during the financial crisis in 2008. The Trump family has since worked on other developments, including a golf course next to a Trump-branded housing project.

For details, visit www.trump-tower-dubai.ae

(Source: Bloomberg)

Are you struggling with overdue service fees on your Dubai property? Good news. The Dubai Land Department (DLD) has just launched ‘Tayseer’, a new initiative that allows property owners to pay off their outstanding service fees in easy instalments — with a minimum six-month flexible plan.

What is Tayseer

Under Tayseer, property owners can now split their overdue service fee payments into flexible plans of at least six months — a move designed to ease financial stress and boost stability in Dubai’s thriving real estate sector.

This initiative is part of Dubai’s ‘Year of the Community – Together, Hand in Hand’, reinforcing cooperation, sustainability, and financial well-being in the emirate.

How It Works

• Owners can register for Tayseer through their JOP management companies
• Minimum six-month flexible payment plans
• No enforcement action will be taken while payments are made
• 19 property management companies are already on board

Why This Matters

• Prevents legal disputes over unpaid service fees
• Improves financial stability for property owners
• StrengthensDubai’s real estate market by ensuring smooth transactions

A Game-Changer for Dubai’s Real Estate

Mohammed Ali Al Badwawi, Acting CEO of RERA, emphasised that Tayseer ensures that property owners can meet their obligations without pressure.

“This initiative aligns with our vision of delivering proactive, customer-centric services that build trust and balance economic and social priorities,” he said.

Want to Apply? Here’s How

Property owners should contact their management companies to register before the two-month deadline. More companies are encouraged to join, making Dubai’s real estate market stronger and more sustainable than ever!

For the full list of participating companies, visit the Dubai Land Department’s official website.

(Source: Zawya)

Sharjah’s property market is witnessing a major transformation with the launch of the massive Ajmal Makan City – Sharjah Waterfront project in Al Hamriyah. The Dh25 billion coastal development spans over 60 million square feet, offering a mix of residential, commercial, and tourism attractions.

According to Sultan Al Shakrah, CEO of Ajmal Makan Real Estate Development, the project will house more than 60,000 residents across eight islands, blending modern urban living with eco-friendly designs. He emphasized that the development will significantly boost Sharjah’s real estate sector, generating thousands of jobs across industries like infrastructure, retail, hospitality, healthcare, and education.

A Hotspot for Investors

This freehold mega-project has already attracted strong interest from local and international investors, playing a crucial role in Sharjah’s economic diversification. As part of its expansion, Ajmal Makan Real Estate Development has launched three new projects:

• Al Thuraya Island
• The View Island
• Blue Beach Residence

Meanwhile, Sun Island’s first two phases have been completed, and the Blue Bay Walk project—developed in three phases — has seen its first phase finished, with the remaining two ahead of schedule.

A City Within a City

Ajmal Makan City isn’t just a real estate project; it’s a fully integrated urban destination. It will feature:

• 1,500 luxury villas and mid-rise buildings
• Hotels, retail spaces, and entertainment hubs
• A university and several schools
• A massive theme park
• A 3-million-square-foot shopping mall
• A marina with 800 yacht berths
• Waterfront restaurants, cafes, and leisure spots

In addition, 60% of the project is dedicated to green spaces, beaches, and public areas, aligning with Sharjah’s sustainability vision.

With its stunning waterfront setting, modern infrastructure, and eco-friendly design, Ajmal Makan City – Sharjah Waterfront is set to become one of the region’s most sought-after destinations for residents, tourists, and investors alike.

(Source: Wam)