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 […]
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 […]
Dubai Municipality has introduced the Smart Building Platform at the World Government Summit 2025, touting it as an innovative platform for the analysis of the entire real estate market. Through its offer of accurate and updated information like rental details, area measurement and investment, the platform allows decision-makers in the sector to make more informed […]
This opulent penthouse offers a chance to live life at the very pinnacle of grandeur. Dubai, the city of towering skyscrapers and limitless luxury, is back in the spotlight with another record-breaking feature: the world’s tallest building, the Burj Khalifa, is selling a penthouse for an unbelievable price of $51 million. For those looking to […]
Dubai real estate market began 2025 on strong footing, hitting record high levels. Government reports revealed the overall transaction volume in January totaled AED 44.4 billion (USD 12.1 billion), an increase of 24.1% over last year’s comparable period. The sharp momentum reestablishes Dubai as one of the most attractive places on the planet for real […]
Nakheel Properties, a distinguished member of Dubai Holding, has made a significant move in the real estate market by awarding a 810 million AED marine works contract to Jan De Nul Dredging for developments in Palm Jebel Ali. This project is rapidly advancing and is expected to substantially influence property prices in Dubai, particularly in […]
Based on the recent update by the Dubai Real Estate Regulatory Authority (Rera) in early March this year, rents in Dubai have seen an increase of up to 15%, as per the report by Cushman & Wakefield Core. Protusha Gorapu, the head of research and consultancy at the firm, stated, “The rental index update by […]
Dubai International Airport (DXB) has set a new record by welcoming 44.9 million visitors in the first half of this year. This significant increase in passenger numbers highlights DXB’s vital role in bolstering Dubai’s economy. With an 8% growth compared to last year, DXB has solidified its position as the world’s preferred gateway. This growth […]
Emaar, a leading global property developer, has announced a 33% increase in its net profit, driven by sustained domestic demand. The company’s revenue surged 17% to AED 14.4 billion in the first half of 2024, while its profit before tax climbed to AED 7.8 billion. With a focus on community-centric projects, Emaar has consistently tapped […]
The UAE’s real estate market continued to exhibit robust growth in the first half of 2024, driven by the country’s economic and financial stability. The introduction of new, world-class projects to meet the growing demand for various property types has attracted significant investment. Reports indicate that major real estate companies have initiated large-scale projects since […]
Despite leading the Dubai real estate market in off-plan sales, the demand for ready to move properties remains exceptionally strong. Budget-friendly units are being snapped up within a month of their launch. End-users and high-net-worth individuals have been driving the demand for ready to move properties, while a supply shortage, exacerbated by an influx of […]
Dubai is poised to achieve a new milestone in its real estate sector, with an estimated 38,174 new housing units set to be delivered in 2024. This record-breaking figure underscores the robust growth and sustained demand within the emirate’s property market. According to a recent report by ValuStrat, a leading property consultancy, the first half […]
Dubai International Chamber has reported a remarkable surge in attracting both Small and Medium-Sized Enterprises (SMEs) and Multinational Corporations (MNCs) to the emirate. In the first half of 2024, the chamber successfully onboarded 86 new companies, representing a substantial 54% year-on-year increase. A breakdown of these figures reveals that 24 MNCs established their presence in […]
Dubai’s economy has demonstrated remarkable resilience, posting a 3.2% growth in the first quarter of 2024 compared to the same period last year. The emirate’s gross domestic product reached a substantial AED 115 billion (equivalent to USD 31.3 billion), underscoring its status as a global economic powerhouse. Key sectors driving this growth include transportation and […]
Expo City Dubai has announced the release of residential plots for sale in its flagship development, Expo Valley. This move marks a significant milestone in the city’s ongoing expansion and offers investors a unique opportunity to own a piece of Dubai’s future. Potential buyers can acquire plots ranging from 7,500 to 12,500 square feet, with […]
Collaboration Between Dar Global and Trump Organization to Construct Trump Tower Dubai Trump Tower Dubai is set to open in 2025, thanks to a partnership between Dar Global, the international development arm of Saudi Arabia’s Dar Al Arkan, and the Trump Organization. According to a statement released by Dar Global, this property will be located […]
Damac Hills 2, formerly known as AKOYA, is a master-planned community in Dubai that offers a unique lifestyle experience inspired by water, sports, and fun for all ages. Developed by DAMAC Properties, a leading real estate developer in the UAE, Damac Hills 2 is spread over 55 million square feet and is home to over […]
