The Dubai real estate market is seeing consistent demand for home financing, supported by current lending...

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...

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...

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...

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...

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...

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...

SkyHills Astra embodies Dubai’s ambition to be at the forefront of smart, sustainable, and high-end living, aligning with the city’s long-term urban development goals. Dubai continues to set the global standard for luxury real estate, and SkyHills Astra is the latest addition to this prestigious landscape. Crafted by HRE Development, a distinguished name in high-end communities, this visionary project...

The first phase will develop six sites in Al Mueisim 1, Al Twar 1, Al Qusais Industrial 5, and Al Leyan 1 Dubai to Develop 17,080 Affordable Housing Units Dubai has earmarked 1.46 million square meters of land for the construction of 17,080 residential units as part of its Affordable Housing Policy, further solidifying its commitment to diverse and inclusive urban development. His Highness Sheikh Hamdan...

FBR Uncovers Alleged Money Laundering by 70 Real Estate Agents in Pakistan ISLAMABAD – The Federal Board of Revenue (FBR) has reportedly identified at least 70 real estate agents allegedly involved in money laundering through illicit dollar transfers to the United Arab Emirates. According to a recent report published by a local source, these agents have been using the Hundi-Hawala system for...