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145 articles in News

United Arab Emirates Ranked the 2nd Safest Country in the World in 2025!
Feb 19, 20263 Min

United Arab Emirates Ranked the 2nd Safest Country in the World in 2025!

The United Arab Emirates, according to the latest Numbeo Safety Index Report 2025, was ranked as the second safest country in the world after Andorra. The second interesting fact is the positive performance of the Gulf Cooperation Council (GCC) countries in this ranking. Qatar was the third safest country in the world, while Oman was the fifth safest after Taiwan, and that indicates that the region as a whole has an exceptionally high safety level. Saudi Arabia was 14th and Bahrain 16th among the world's safest 20 countries. UAE's Safety Maintained by the Least Criminal Rates The Numbeo Crime Index for 2025 also confirms the UAE’s safety record. With the second lowest crime rate in the world, the UAE is considered a safe country to live and travel in. The data is based on a survey of visitors to the country. Numbeo's Methodology for Measuring Country Safety Numbeo's method of country safety measurement is based on rigorously constructed surveys duplicating those conducted by government bodies and research institutions. It usually quantifies public feelings of safety, crime levels, and apprehensions about specific criminal activities. The resulting Crime Index score is between 0 and 100, denoting greater perceived crime. This standard scale

Dubai Land Department Launches Pilot Phase of "Real Estate Tokenization" Project
Feb 19, 20264 Min

Dubai Land Department Launches Pilot Phase of "Real Estate Tokenization" Project

Dubai has stepped closer to its 2033 goal of becoming a global hub for real estate tech. The Dubai Land Department (DLD), Virtual Assets Regulatory Authority (VARA), and Dubai Future Foundation (DFF) have introduced the pilot implementation of its innovative "Real Estate Tokenization" project as part of the "Real Estate Evolution Strategy (REES)" initiative. The move makes DLD the Middle East's first land registration body to adopt tokenization technology for recording ownership of property. This pathbreaking endeavor is expected to clock a major leap, reaching AED 60 billion in value in Dubai's tokenized property sector by the year 2033—standing at 7% of Dubai's total property transactions. With a view towards realizing this vision, DLD conducted a customized workshop with the world's most qualified proptech experts and leading global organizations in asset tokenization. For those interested in Property for sale in Dubai , this initiative could offer new fractional ownership opportunities in the near future. Tokenization: A Revolutionary Tool for Real Estate Market Transformation Engineer Marwan Ahmed Bin Ghalita, Director General of DLD, emphasized the importance of this initiative: "In an era of rapid technological advancement and increasing reliance on digital solutions, real estate tokenization acts as a revolutionary tool fundamentally

Dubai Real Estate Boom: $4.7 Billion in One Week, Led by Palm Jumeirah
Feb 19, 20262 Min

Dubai Real Estate Boom: $4.7 Billion in One Week, Led by Palm Jumeirah

The dynamic real estate market of Dubai saw a phenomenal volume of transactions last week. Based on reports released by the Dubai Land Department, between March 17 and 21, the value of transactions amounted to AED 17.28 billion (USD 4.7 billion approximately), reflecting the sustained upward trajectory and the overall strength of the market. These transactions within this period totaled 3,886 for commercial and residential property sales. The figure testifies to superb activity and huge demand in various sectors of the real estate scene of Dubai. Highlight Transactions of the Week: Among the numerous transactions, there were some few high-value luxury real estate transactions that stood out, particularly within the upscale Palm Jumeirah area: The most expensive transaction of the week was a sale of stunning apartment in AVA project by Omniyat within Palm Jumeirah for AED 73.4 million (some USD 20 million). two other units at the luxury Alba Residences—another Omniyat project on Palm Jumeirah—were purchased for AED 50.86 million (around USD 13.8 million) and AED 49.48 million (around USD 13.5 million), respectively. These sales indicate the strong demand for ultra-luxury homes in this prestige island location. Other than transactions of direct sales, activity was also seen in other

Dubai's Villa Market Boom: Increasing Luxury Demand and Off-Plan Transaction Growth
Feb 19, 20265 Min

Dubai's Villa Market Boom: Increasing Luxury Demand and Off-Plan Transaction Growth

Dubai's real estate market has seen incredible transformation in the post-COVID era and continues to be on a dynamic and rapid growth trajectory. Among its segments, the city's luxury villa segment has been a prominent one, attracting more high-net-worth foreign investors and expat families seeking larger, more private, and higher-quality housing. Post-Pandemic Villa Boom: Shaping Property Purchase Patterns With the post-pandemic shift in lifestyle, the demand for larger and more private homes has surged. According to industry data, Dubai villa prices are expected to rise by 32.4% by the end of 2024. Over the past five years, property prices in prime areas have increased by over 147%, solidifying Dubai’s luxury villa market as a top investment destination for international buyers. Karim Fahimi, Founder and CEO of Innovate Living, said in an exclusive interview with Arabian Business: “Dubai’s real estate market is witnessing strong demand for villas; the wealthy are seeking privacy, space, and exclusivity. While luxury apartments remain attractive, the post-pandemic trend has intensified the preference for villas as high-end private sanctuaries.” High Prices and Future Projections Currently, the typical price of a luxury villa in Dubai is around AED 7 million and is estimated to reach around AED 8–8.5

Dubai's Big Leap: 17,000 Affordable Homes & Legal Advisors Project Launched
Feb 19, 20263 Min

Dubai's Big Leap: 17,000 Affordable Homes & Legal Advisors Project Launched

On March 13, 2025, Dubai Executive Council, chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince, decided on a series of key decisions with an emphasis on sustainable development within the city. These measures include boosting available housing, strengthening Arabic language and Islamic studies education, and establishing the Independent Legal Advisors Project. 17,080 Affordability Housing Units: Dubai: A City for All With the government's official "Dubai Affordable Housing" policy, the Executive Council has rented out 1.46 million square meters of land for the construction of more than 17,000 new houses to be developed in terms of These projects in Dubai real estate are in various areas, including: Al Muteena 1 Al Twar 1 Al Qusais Industrial 5 Al Layan 1 The objective is to provide suitable housing to people with different income levels, build vibrant communities, stimulate economic growth, and generate employment. The housing will be specially tailored for middle- and low-income families, with high-quality design, provision of required infrastructure, and reasonable rent. Building Arabic Language and Islamic Studies Education by 2033 Sheikh Hamdan emphasized that Emirati national identity is one of the foundational pillars of Emirati society and that the education of the Arabic language

Big Changes in Dubai Transport: Travel Time Drops in JVC
Feb 19, 20263 Min

Big Changes in Dubai Transport: Travel Time Drops in JVC

In a huge step towards enhancing the quality of life for residents and streamlining the efficiency of its transport network, Dubai has taken a major step. The Roads and Transport Authority (RTA) and Dubai Holding signed an AED 6 billion contract. The target of the project is to implement innovative traffic solutions and improve road infrastructure in the emirate's most important developed areas. Special Focus on Jumeirah Village Circle (JVC): 70% Reduction in Travel Time One of the features of this project is the major improvement in access to the popular Jumeirah Village Circle (JVC) . By the creation of four new accesses and the construction of separate intersections, the volume of entry and exit for the area will be doubled. These innovative developments are expected to reduce travel time to and within JVC by as much as 70%, as well as enhance road safety and ease traffic movement at intersections. Widespread Enhancements Throughout Dubai This massive investment does not only reach JVC. It also covers infrastructure developments in a wide range of core areas and projects, such as: Dubai Production City: New bridge construction on Sheikh Mohammed bin Zayed Road will reduce travel time at entry and exit points

Top Developers in Dubai’s Real Estate Market in 2025
Feb 19, 20264 Min

Top Developers in Dubai’s Real Estate Market in 2025

Dubai property market keeps scaling new heights of growth, and 2025 holds a very promising future for investors. Even as market majors such as Emaar, Ellington, Meraas, and Omniyat continue their dominance, forward-thinking new competitors are also determining the market trajectory. This piece provides an integrated view of investing opportunities, outlines major players, examines high-prospect areas, and offers handy tips for value investment in the thriving realty sector of Dubai in the forthcoming year. Major Personalities in Dubai Real Estate Development According to a new report by Arabian Business, Dubai's real estate market has set new sales records, and among Dubai's real estate developers , names such as Emaar, Ellington, Meraas, Select Group, and Omniyat have been identified as leaders in growth and investment returns. Emaar: Famed for offering master-planned communities with top-of-the-line infrastructure. Ellington: Specializes in upscale projects with European touch and superb quality. Meraas: Focuses on luxurious lifestyle, innovative design, and unique projects. Select Group: Known for excellent amenities, prime locations and good reputation. Future Developers in Dubai Andrew Cummings from Savills Middle East highlights that companies such as Sobha, Ellington, and Select are now challenging the market dominance. Alongside them, boutique and innovative developers like Alta and

Dubai’s Real Estate Boom: A Record $5.2 Billion in Property Transactions in Just One Week
Feb 19, 20262 Min

Dubai’s Real Estate Boom: A Record $5.2 Billion in Property Transactions in Just One Week

Dubai’s real estate market has once again showcased its strength and appeal. According to the latest data published by the Dubai Land Department (DLD), during a single workweek (specifically from February 24 to 28, 2025), the total value of registered real estate transactions reached a staggering AED 19.1 billion (approximately USD 5.2 billion). This number not only indicates high liquidity but also indicates the unwavering confidence of local and international investors in the growth opportunities and and investment opportunities of Dubai . Key Highlights of Dubai’s Property Market Performance for the Week Ending February 28 The direct sale and purchase segment was the market's key driver last week. There were 4,477 transactions worth AED 13.53 billion (around USD 3.7 billion). This huge figure reflects strong and sustained demand across various market segments, from residential properties to commercial assets. Among the numerous transactions, some luxury and high-end transactions stood out: A premium office unit in the "Omniyat Enara" tower, located in the highly sought-after and strategic Business Bay area, was sold for AED 84 million (approx. USD 23 million). This transaction highlights the strong demand for high-quality office space in Dubai's premier business centers. Jumeirah also experienced frantic activity. Two luxury

UAE Among Top 10 Countries for Cryptocurrency Adoption in 2026
Feb 19, 20264 Min

UAE Among Top 10 Countries for Cryptocurrency Adoption in 2026

Over the past decade, the United Arab Emirates (UAE) has emerged as a hugely attractive destination for retail and institutional investors seeking to venture into the realm of digital assets and cryptocurrencies. By ranking among the top 10 global leaders in cryptocurrency adoption by 2026 , not only has the UAE embraced this technological revolution with open arms, but it has also been actively doing its part in shaping its future by intelligent regulation and innovation. Key Success Factors in the UAE Crypto Environment The key to success behind this phenomenal success is attributed to a combination of the following factors: Successful Public-Private Partnership: Through this partnership, a sustainable and thriving ecosystem for cryptocurrencies has been established. Forward-Thinking Regulatory Frameworks: With forward-thinking legislation, the UAE has managed to strike an equal balance between encouraging innovation and protecting investors. Strong Regulation: Bodies such as the Financial Services Regulatory Authority (FSRA) and the Securities and Commodities Authority (SCA) stabilize the market and maintain investors' confidence with strong regulation. Attractive Tax Environment: Cryptocurrency income is tax-exempt, drawing international investment into the UAE. Supportive Special Zones: Abu Dhabi Global Market (ADGM), Dubai Multi Commodities Centre (DMCC), and RAK Digital Assets Oasis (RAK DAO) play

Dubai to Host World's Largest Real Estate Technology Event in 2026: PropTech Connect
Feb 19, 20263 Min

Dubai to Host World's Largest Real Estate Technology Event in 2026: PropTech Connect

Dubai, the city that is always a step ahead of innovation and development, has made news again. On Sunday, the Dubai Land Department (DLD) has revealed that the emirate will host " PropTech Connect 2026 ", which is the world's biggest PropTech (Property Technology) conference and exhibition. A Tech and Real Estate Summit in the Middle East This is a milestone event that will bring together top industry players, top investors, and top PropTech participants from around the world. The main theme of talks and displays will be centered around the latest trends in areas such as: New age digital solutions Applications of Artificial Intelligence (AI) in real estate Blockchain technology Big data analytics These technologies play a key role in shaping the future of the real estate sector worldwide and improving the property buying experience in Dubai . Why This Event Is Important to Dubai Marwan Ahmed bin Ghalita, Director General at the Dubai Land Department, renewed that hosting PropTech Connect 2026 is actually a reflection of Dubai's serious commitment to building a smart, technologically driven real estate ecosystem. The move will be in line with Dubai's "Real Estate Sector Strategy 2033." In bin Ghalita's opinion, the event is

Major Changes During Ramadan 2025 in the UAE: Everything You Need to Know
Feb 19, 20264 Min

Major Changes During Ramadan 2025 in the UAE: Everything You Need to Know

The holy month of Ramadan, a month of prayer, fasting and extra charitable deeds, has its deep impact on daily life. In the UAE, these changes comprise reduced working hours, new parking regulations, adjustment in road toll charges (Salik) and adjustment in the shopping mall and public transport timings. Here, we continue with the arrangements of these Ramadan changes in Dubai . Working Hours During Ramadan The working hours of government and private offices are mentioned below: Reduced Working Hours for the Private Sector The Ministry of Human Resources and Emiratisation (MOHRE) has indicated that working hours of private sector employees will be reduced by two hours daily during Ramadan. Additionally, companies can embrace flexible working times or working from home based on the nature of their business within the permissible working hours. Working Hours for Government Entities The working hours for government institutions are as follows: Federal Ministries and Authorities: Monday to Thursday from 9:00 AM to 2:30 PM, and on Fridays from 9:00 AM to 12:00 PM. Dubai Government Employees: Flexible working hours are permitted, but employees must work at least 5.5 hours from Monday to Thursday. On Fridays, only three hours of work are required. Public Parking

UAE Unveils "Blue Residency" at the World Government Summit 2025
Feb 19, 20263 Min

UAE Unveils "Blue Residency" at the World Government Summit 2025

At the World Government Summit 2025, the UAE introduced its new "Blue Residency" . This 10 year long visa the first of its kind in the world was designed exclusively for experts in the environmental science field and renewable energy. This is one of the significant steps toward attracting local and international talents in providing protection for the environment and sustainable development. The innovative initiative, unveiled at the World Government Summit in Dubai, officially commenced when Blue Residency was awarded to 20 distinguished environmental specialists and innovators. This program is just one of the many types of visas offered in Dubai , in keeping with the UAE's commitment to opening up residency options and luring global talent across many fields. Blue Residency: A Bold Step Toward Sustainability Dr. Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and Environment, commented: "With the goal of becoming a global hub for sustainable development, the UAE has introduced Blue Residency as a tool to attract elite professionals in environmental science and renewable energy. We believe this initiative will help us achieve our ambitious climate action and environmental conservation goals." She also emphasized the key role of collaboration between government agencies in facilitating

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