News
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19.05.2026128
Dubai Investments PJSC, one of the United Arab Emirates’ largest diversified investment holding companies, has announced its financial results for the first quarter of 2026. Net profit after tax amounted to approximately AED 169 million (around $46 million), showing a slight increase compared with the same period last year. The results confirm the...
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12.05.2026267
In April 2026, Dubai’s off-plan office property market demonstrated impressive growth, setting an all-time high for sales volume. According to an analysis based on data from the Dubai Land Department, the value of transactions in this segment reached approximately 3 billion dirhams (around $817 million). This was the highest monthly figure on...
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05.05.2026413
The Majid Al Futtaim development group has officially announced the appointment of a main contractor for the construction of the Distrikt residential cluster as part of its flagship Ghaf Woods project. The $190.6 million contract was awarded to Al Sahel Contracting, part of the renowned Al Nabooda Group. The partner was selected following a tender...
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28.04.2026322
Dubai’s high-end property market is showing steady positive growth, particularly against a backdrop of global uncertainty. According to data from the DXBinteract analytics platform, from 1 March to 15 April 2026, sales of properties from developers priced at over 5 million UAE dirhams (approximately $1.36 million) reached 25.04 billion dirhams....
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21.04.2026257
According to the latest data from the Dubai Land Department, property transactions totalling approximately 11.728 billion dirhams were registered in the emirate last week, equivalent to roughly $3.2 billion. This result reflects sustained market activity, with investors continuing to actively participate in transactions across the spectrum — from...
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14.04.2026446
Dubai has once again reaffirmed its status as a global hub for luxury property. Palma Development has successfully completed its flagship beachfront project, Serenia Living, on the crescent of Palm Jumeirah. It is one of the most prominent premium-class developments to be handed over in early 2026. Construction began in 2022 with a declared...
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07.04.2026487
DAMAC Properties, the largest private property developer in the UAE and the Middle East, ended March 2026 at the forefront of the Dubai property market. Over the month, the developer recorded sales of 3.12 billion UAE dirhams, concluding 1,106 transactions. In terms of transaction volume, the company significantly outpaced its competitors,...
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31.03.2026465
Dubai South Properties has announced the signing of a major contract worth AED 2 billion UAE. The agreement is with renowned contractor Mohammed Abdulmohsin Al Kharafi & Sons LLC for the construction of several phases of the luxury master-planned residential community HAYAT. The project will be an important step in the development of one of...
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24.03.2026422
Citi Developers has officially started construction work on ARYA Residences in the prestigious Dubai Islands neighbourhood. The groundbreaking ceremony took place on 9 March, marking the project's transition from the start-up phase to active implementation. This event strengthens the developer's position in the waterfront property market and...
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17.03.2026586
Azizi Developments, one of the UAE's largest private property developers, has announced a massive investment of AED 75bn (approximately US$20.4bn) to develop Dubai's hotel sector. The programme includes plans to build 151 hotels, which is expected to make a significant contribution to the emirate's tourism and hotel infrastructure. Scale and...
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