Business

The first day welcomed distinguished attendees, including Khalfan Belhoul, CEO of the Dubai Future Foundation, Dr. Marwan Al Mulla, CEO of the Health Regulation Sector at Dubai Health Authority; Hoor Al Khaja, Senior Vice President of International Operations at the Dubai Department of Economy and Tourism; Hessa Bint Essa Buhumaid, Director General of the Community Development Authority of the Government...

Dubai’s real estate market has long been a magnet for global investors, and for good reason. The city’s explosive growth, combined with its reputation for luxury living and cutting-edge infrastructure, has made it one of the world’s hottest markets for high-end real estate deals. But beyond the gleaming skyscrapers and beachfront properties, there’s a fascinating business ecosystem that powers this...

Vitalia Palm Jumeirah Residences is a luxurious waterfront development located on the iconic shores of Palm JumeirahIn a stunning showcase of architecture and luxury living, Pinnacle Developers has partnered with Devmark, the UAE’s premier real estate project sales and marketing consultancy, to proudly launch Vitalia Palm Jumeirah Residences, an exclusive waterfront development on the prestigious...

Dubai – Dubai’s real estate market has experienced remarkable growth in the early months of 2024, solidifying the emirate’s position as a global investment destination. Factors such as economic stability, government-led initiatives, and surging domestic and international demand for residential and commercial properties have contributed to this growth. Reports indicate a 12% increase in total...

The Dubai Real Estate Corporation (DREC) and its subsidiary, Wasl Group reported a 28 per cent growth in revenues for the first 10 months of this year compared to the same period in 2023.Wasl Group, through its innovative real estate projects, aims to support the goals of the Dubai Economic Agenda D33 to double its economy and transform the city into one of the world’s top three urban economies. The...

Sean McCauley, chief executive of property consultancy Devmark, says investing in his business has been the best decisionAs the chief executive of Devmark, a Dubai-based property consultancy, it is only fitting that Sean McCauley grows his wealth through real estate investments.Originally from South Africa, his passion for real estate began early, inspired by accompanying his mother on open house...

The International Financial Centre in Dubai has promulgated crucial changes to its legal procedure, particularly the alterations made in regard to its mortgage registration process and the period of registration of off-plan property sales. These new regulations for new mortgage fee were issued on November 14, 2024, but came into force on November 21, 2024.One new requirement involves a new mortgage...

Majority of branded residences entering the Ras Al Khaimah market are affiliated with hotel brands, which is the most prevalent model Non-hotel brands such as Tonino Lamborghini, Elie Saab, Yoo and Aston Martin have also shared plans for branded residential projects in Ras Al KhaimahRas Al Khaimah has experienced substantial development in the real estate sector in the past decade across the clusters of...

MAG Group Holding, a multinational conglomerate with a diversified portfolio across a number of sectors, has announced that the real estate subsidiaries have a pipeline of under development and future projects now worth AED 43.7 billion. The group has witnessed a notable milestone in its business, demonstrating how it is a firm and continuous force to be reckoned with in the UAE’s real estate sector.High...

Millionaires in the UAE, real estate promotion in Sharjah, fast-track visas at new free zone, Dubai property updates and more of the top news stories this weekThe UAE is attracting millionaires from around the world as it strengthens its reputation as a hub for the super-rich. From an influx of entrepreneurs from the UK to Brazilian footballer Neymar investing in Dubai property, the trend...