Follows groupās first debt issuance and underscores efforts to institutionalise operations Dubai, UAE ā May 2025 ā OMNIYAT Group, the parent company of the renowned ultra-luxury real estate developer OMNIYAT and its wider-luxury counterpart BEYOND, has announced the formation of a Strategic Advisory Board to spearhead its next era of growth, innovation, and global transformation. This move follows a...
Profit before tax rose to AED74 million, up 64 percent year-on-year RAK Properties has announced a revenue of AED 370 million (USD 100.7 million) for the first quarter of 2025, marking a 28% increase compared to the same period in 2024. š This significant growth was driven by ongoing progress across various residential developments and a strong response to newly launched projects. The Q1 2025 financial...
Emirates Central Cooling Systems Corporation PJSC - Empower, the world's largest district cooling services provider, announced its financial results for the first quarter of 2025. Dubai, UAE ā May 9, 2025 ā Emirates Central Cooling Systems Corporation PJSC (Empower), the worldās leading provider of district cooling services, has announced its financial performance for the first quarter of 2025,...
Dubai recorded a 22.4 percent rise in average office rents and a sharp 40.8 percent jump in warehouse rates last month Dubaiās real estate sector delivered remarkable performance in April 2025, with residential property transactions surging to 17,447āa staggering 61% increase compared to the same month last year. At the same time, commercial rental activity experienced sharp growth, as average office...
Learn why off-plan sales lead Dubaiās property market. Join the real estate event from May 16ā18 to connect with developers and explore new launches Dubaiās dynamic real estate market continues to thrive, with off-plan properties emerging as a key driver of growth. In 2024, off-plan transactions accounted for 60% of all property deals, contributing to a 35.5% year-on-year increase in total...
Dubai residential and commercial real estate sectors continue surge Dubaiās property market achieved remarkable growth in April 2025, with residential sales transactions totaling 17,447āa significant 61% increase compared to the same month last year, as highlighted in a recent market report by Engel & Vƶlkers Middle East. ššļø š Residential Sector Breaks New Ground Transaction volumes...
Dubai Launches Its First In-Building Composting and Sorting Facilities for Residential Developments at Trafalgar Central š±šļø Dubai, May 7, 2025 ā A new chapter in urban sustainability began today as Fakhruddin Properties introduced Dubaiās first in-building composting and waste-sorting facilities at Trafalgar Central in Dubai International City. This launch is part of the innovative 90:90...
Dubaiās thriving property market has set a new benchmark, recording an all-time high of AED 62.4 billion in real estate sales for April 2025. This figure reflects an astonishing 95.3% year-on-year growth, emphasizing the emirateās continued dominance as a global investment hotspot. š Record-Breaking Transactions in April 2025 A total of 17,979 property transactions were recorded in April,...
With its modern design and Airbnb-aligned features, SquareX Residence taps into Dubaiās rising short-term rental market, offering affordable luxury for next-gen property investorsTasmeer Indigo Properties Nears Sell-Out of Debut Project SquareX Residence, Redefining Dubaiās Entry-Level Luxury Rental MarketTasmeer Indigo Properties, a forward-thinking developer in Dubaiās emerging entry-level luxury...
A growing population and demand for housing is expected to sustain pressures inĀ Dubaiās residential property market,Ā according to the latest Real Estate Outlook from ValuStrat. Housing Demand in Dubai Reaches Record Highs as Influx of New Residents Fuels Market Growth Housing demand in Dubai has surged to record levels, driven by an increasing number of people moving to the city and heightened...