Dubai News

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5 things to know about Dubai’s newest property firm, BT Properties

Based in Dubai South – a 145 square kilometre master-planned city near Al Maktoum International Airport – BT Properties is betting big on one of the emirate’s most promising growth corridors. BT Properties Expands into UAE with New Dubai South Headquarters BT Properties, the international subsidiary of Pakistan’s renowned real estate developer Bahria Town, has officially stepped into the UAE...

Real Estate firm in Dubai compelled to return Dhs12.4 million to investor

Dubai Court Orders Developer to Refund Dhs12.4 Million to Investor Over Undelivered Floating Villa A Dubai appellate court has ruled in favor of an Arab investor, instructing a real estate developer to reimburse Dhs12.4 million, along with a 5 percent interest from Nov. 19, 2024, until the full amount is paid. The investor had entered into an agreement to purchase a floating villa, but the developer...

Ax Capital acquires exclusive rights for SkyHills Astra by HRE Development

Introduces new standard of purpose-driven real estate in Dubai Ax Capital Secures Exclusive Brokering Rights for SkyHills Astra at Dubai Science Park Ax Capital has officially become the exclusive broker for SkyHills Astra, a distinguished residential development situated in Dubai Science Park, developed by HRE Development. Since its establishment in 2021, HRE Development has been dedicated to crafting...

The Dubai 100: Emaar executive, Emirates CEO lead city’s growth

Mohamed Alabbar Tops Dubai 100 List, Highlighting Dubai’s Thriving Sectors Mohamed Alabbar, the visionary behind Emaar Properties, has secured the top position on the Arabian Business Dubai 100 list, released on Wednesday. His ranking underscores the crucial role of landmark developments in shaping Dubai’s skyline and economy. Other prominent figures such as Hussain Sajwani of DAMAC and Sir Tim Clark...

Azizi Developments reaches 86% construction completion of Azizi Vista in Dubai Studio City

Progress continues steadily, with overall finishes at 85%. Structural work, blockwork, and internal plaster have all been finalized, while tiling has reached 96% Azizi Developments Nears Completion of Azizi Vista in Dubai Studio City Dubai, United Arab Emirates: Azizi Developments, a prominent private real estate developer in the UAE, has revealed that construction on Azizi Vista, located in Dubai Studio...

Jafza expands logistics park with $24mn investment

Currently, Jafza hosts 10,890 companies from 150 countries, supporting over 160,000 jobs and contributing AED620 billion in annual trade Jafza has unveiled a major expansion of its Logistics Park, investing AED 90 million to introduce an additional 360,000 square feet of state-of-the-art facilities, catering to the increasing demand in the logistics industry. This second phase of development increases the...

3 reasons that make Dubai real estate market most preferred investment choice – Vivek Oberoi decodes | EXCLUSIVE

Dubai Real Estate Market: Vivek Oberoi, MD and co-founder of BNW Developments, has said that Dubai is emerging as a popular choice for Indian investors who are looking to diversify their portfolios and secure assets abroad. Dubai Real Estate Market Sees Surge in Luxury Property Demand Dubai's luxury real estate sector is experiencing a remarkable surge in demand, driven by its strategic location and...

Why the UAE property market is now attracting more foreign institutional investors

They can capture great returns and depend on a reliable rule of law. For a long time, many foreign institutional investors overlooked the UAE’s real estate sector, perceiving it as speculative and unsustainable. The market was often dismissed as a hub for luxury developments catering to the ultra-wealthy rather than being considered a stable asset class worthy of inclusion in global investment...

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