Amwaj International Acquires 18% Stake in Dubai-Based Developer Cledor, Marking Its Entry into UAE Real Estate Dubai, UAE – April 22, 2025 – Amwaj International, a global conglomerate valued at over a billion dollars and employing more than 10,000 people across 27 cities, has officially acquired an 18% share in Dubai-based luxury real estate firm Cledor. The company, founded by industry veteran Omar...
As of December 2024, the UAE hosted 130,500 dollar millionaires, ranking as the 14th largest wealth market globally. UAE Emerges as a Global Wealth Hub with Surging Millionaire Influx and Luxury Real Estate Boom Over the past decade, the United Arab Emirates (UAE) has witnessed a remarkable 98% increase in dollar millionaires, positioning itself as the world's second-fastest growing wealth market. This...
Hussain Sajwani, 71, is the billionaire chairman of Dubai-based real estate powerhouse Damac Properties. Elon Musk Spotted at White House with Dubai Billionaire Hussain Sajwani Elon Musk, the chief executive of Tesla and SpaceX, recently appeared in a photograph captured at the White House with Dubai-based billionaire Hussain Sajwani, the founder of Damac Group. The image, which circulated online, has...
With rental transactions in Al Furjan up 8% and one-bedroom rental values surging by 39%, the area offers yields of up to 9%. Object 1 Unveils V1Stara House at Al Furjan, Dubai: A Mid-Rise Gem with High Investment Potential Object 1, a prominent name in Dubai’s real estate landscape, has officially introduced V1Stara House, a contemporary mid-rise residential tower situated within the thriving Al Furjan...
The new projects launched by Abu Al Naga Real Estate Development, aim to offer residential units that align with the pace of modern life in Dubai. Abu Al Naga Real Estate Begins Development on Three Key Residential Projects in Dubai Abu Al Naga Real Estate Development has officially commenced construction on three significant residential ventures located in Dubailand, Bu Kadra (New Horizons), and Al...
Dubai General Properties unveils Mews Mansion luxury development in Meydan. Dubai General Properties Unveils Its Flagship Luxury Project: Mews Mansions Dubai General Properties has officially launched its premier real estate venture, Mews Mansions, in one of the city’s most sought-after areas. Situated in the elite Meydan district, Mews Mansions is nestled alongside the lush greens of the Meydan Golf...
Gulf House Real Estate. Gulf House Real Estate Development, a notable entity in Dubai's luxury property sector, has announced its latest venture: Olaia Residences on Palm Jumeirah. This flagship development aims to redefine luxury living in one of the world's most prestigious locales. With this project, Gulf House seeks to elevate elegance and sophistication, offering a new standard for high-end...
First residential project on Palm Jumeirah to be launched end April. REAL ESTATE | DUBAI, UAEGulf House Real Estate Developer has officially entered Dubai’s luxury property market, revealing a dynamic vision for delivering exceptional residential experiences that blend refinement and style. Positioned as a future leader in architectural innovation, Gulf House aims to develop real estate that challenges...
The boom in Dubai’s luxury market continued into the first quarter, with wealthy buyers again driving record sales of homes valued above $10 million. Dubai’s Ultra-Luxury Real Estate Sales Hit New Heights in Q1 2025 Dubai’s high-end property market maintained its impressive momentum in the first quarter of 2025, with affluent investors once again driving unprecedented sales of homes valued above $10...
DUBAI: Real estate investment—across both residential and commercial segments—remains a dependable avenue for returns, said Pakistani exhibitors participating at the International Property Show (IPS) in Dubai. The event provided them with a platform to forge connections and ink collaborations with global developers.Among the featured developments were several Defence Housing Authority (DHA) projects...