Business

The project is currently under construction and on track for a Q2 2026 handover. Urban Properties Development (UPD) proudly introduces Urban Life Residences, a prestigious freehold project valued at $81.7 million (AED 300 million), located in the heart of Dubai’s dynamic Business Bay. Currently under construction, Urban Life Residences is slated for completion and handover by the second quarter of...

Dubai real estate news, Mohamed Alabbar’s funding pledge, GEMS unveils $100m school and more top news stories Dubai’s prominent real estate entrepreneur, Mohamed Alabbar, announced this week that he plans to present an “extraordinary reward” to content creators who bring innovative ideas to promote the emirate. This remarkable declaration was made during the 1 Billion Followers Summit held in the...

Kuwait Real Estate, IFA launch $953 million project in Sharjah Sharjah is luring buyers with law allowing foreign ownership Two prominent developers from Kuwait have unveiled an ambitious plan to launch a massive housing project valued at 3.5 billion dirhams ($953 million) in Sharjah, a city situated to the north of Dubai and currently experiencing significant growth in its property market. The...

Strengthening Standards Through Regulation As Dubai's real estate market matures, government regulations play an increasingly crucial role in maintaining high industry standards. Although some regulations exist, enforcement gaps have led to inconsistencies in professional practices. To compete globally, Dubai must implement stricter measures such as mandatory agent licensing, rigorous educational...

Plan underscores MyGroup’s commitment to support UAE economy and grow in tandem. MyGroup Holding Unveils Ambitious Multibillion-Dirham Investment Plans in the UAE for 2025 Under the dynamic leadership of President Emil Isgandarov, MyGroup Holding has announced a bold strategy to invest billions of dirhams in the UAE by 2025. This major investment initiative will bolster the company’s operations in...

Discover Affordable Rentals in Dubai: A Guide for American Renters Dubai is undeniably one of the most vibrant cities in the world, and it has become particularly attractive for American renters looking for affordable apartments. Known for its luxurious amenities, modern infrastructure, and exceptional living standards, Dubai offers a variety of accommodation options to suit different budgets. By exploring...

The project is set to begin construction in the second quarter of 2025, with completion scheduled for Q2-27 Dubai Investments Unveils Asayel Avenue as Part of Mirdif Hills Development Dubai Investments has announced the launch of Asayel Avenue, a new residential cluster within the expansive Mirdif Hills community. The project represents a significant investment of AED 400 million, according to an official...

The awarded contract includes the construction of Tower 1 (G+20), Tower 2 (G+12), and Tower 3 (G+16), along with state-of-the-art amenities. Dubai Holding Real Estate’s Meydan Division Awards $144M Contract for Naya at District One Dubai Holding Real Estate’s Meydan division has awarded a construction contract worth $144 million (AED 529 million) to Bhatia General Contracting Co. (L.L.C) for its...

AX Premium Properties Highlights Dubai's Thriving Luxury Property Market Mr. Nadeem Sufy of AX Premium Properties shared insights into the growing momentum in Dubai's luxury real estate sector. Iconic developments like Palm Jebel Ali, The Haven by Aldar, The Acres, and Damac Island Waterfront have sparked exceptional interest among investors and homeowners. The launch of Damac Island Waterfront on 10...

Registration is open until January 31: Real Estate Regulatory Agency (RERA) Dubai's Real Estate Market Gains Global Momentum with European Investors Leading the Way The Dubai real estate market has witnessed a surge in global interest, drawing investments from diverse buyer demographics. Notably, European investors, particularly from Germany, France, and the UK, are emerging as significant players in...