Dubai, United Arab Emirates – May 15, 2025 – Dubai Land Department (DLD) has announced a strategic partnership with BARNES Middle East Africa through the signing of a Memorandum of Cooperation (MoC), further reinforcing both organizations’ commitment to excellence, innovation, and sustainable growth in Dubai’s ever-evolving and world-renowned real estate sector. The agreement was officially signed...
The initiative is part of the hospitality group’s Mission 2030 strategy As part of its long-term growth roadmap, Jumeirah Group has announced a major development initiative aligned with its Mission 2030 strategy, focusing on expansion and portfolio diversification. The group has unveiled plans for a new hotel and two luxury residential projects in Dubai — reinforcing its standing in the global luxury...
Over 1,300 units were transacted at values exceeding the AED10 million mark in Q1 2025, marking a 31 percent annual increase. Dubai's residential real estate sector kicked off 2025 on a high note, driven by ongoing population growth and increasing interest from investors. The Savills Q1 2025 Dubai report revealed a significant 23% year-on-year rise in transaction volumes during the first quarter,...
This strategic collaboration is a game-changer for how businesses can scale, diversify, and root themselves in the UAE’s most lucrative real estate market, said a statement The Umm Al Quwain Free Trade Zone (UAQ FTZ) has officially signed a memorandum of cooperation (MoC) with the Dubai Land Department (DLD), granting companies registered in UAQ FTZ the legal right to purchase and register freehold...
Dubai has solidified its position as a global wealth magnet, now home to more than 81,000 millionaires, as revealed in a recent report by UAE-based property consultancy Betterhomes. Titled “Dubai: No Longer a Pit Stop, But the Finish Line for Global Wealth,” the report highlights how the emirate is rapidly transforming into a strategic base for high-net-worth individuals (HNWIs) seeking long-term...
The Masterplan unveils six lifestyle districts featuring a Mandarin Oriental 5-star resort, a golf course, a tennis stadium, and an international academy, all set amidst expansive green spaces and seamlessly connected by comprehensive infrastructure Wasl, one of Dubai’s leading real estate developers, has revealed a transformative new phase for Jumeirah Golf Estates (JGE), introducing a large-scale...
In a recent ruling, the Dubai Real Estate Court has mandated a real estate development company to refund AED 1,267,000 to two property buyers. The refund order comes after the company failed to deliver a plot of land designated for the construction of a residential villa. The court dismissed the involvement of a second company in the case, as it was able to present evidence confirming it had returned the...
DUBAI: His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE, presided over the launch of the ‘Barwa’ initiative — a pioneering real estate programme by the Dubai Land Department (DLD) in collaboration with the Community Development Authority (CDA), launched under the slogan “You are valuable and should...
The company reported a net profit before tax of $753 million, up 49 percent Dubai, UAE – Q1 2025Emaar Properties, one of Dubai’s leading real estate developers, has posted remarkable financial results for the first quarter of 2025, registering revenue of AED 10.1 billion (USD 2.74 billion), which represents a 50% increase compared to the same quarter in 2024. The company also recorded an EBITDA of AED...
Six towers, high-street retail, premium office spaces and expansive green parks define Dubai’s newest self-contained lifestyle hub Sobha Realty has officially launched Sobha Central, a groundbreaking mixed-use development poised to redefine modern living along the iconic Sheikh Zayed Road. Envisioned as a vertical urban oasis, this six-tower mega project is set to become a comprehensive destination...