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News, page 2
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28.04.2026501Dubai’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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21.04.2026398According 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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14.04.2026694Dubai 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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07.04.2026770DAMAC 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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31.03.2026615Dubai 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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24.03.2026601Citi 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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17.03.2026768Azizi 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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10.03.2026698Dubai Financial Centre has completed construction and begun phased handover of its new commercial complex, DIFC Square, to tenants ahead of schedule. The project, located in the prestigious Gate District and Gate Village neighbourhood, adds 600,000 square feet of Grade A office space, helping to meet strong demand from international and local...
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03.03.2026739With Dubai's rapidly growing population, which officially surpassed the 4 million mark in August 2025, providing the city with quality and affordable housing has become a priority. One of the emirate's largest developers, Wasl Group, has announced an ambitious plan: the organisation intends to double the number of affordable housing units under its...
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24.02.2026779The emirate's business sector is demonstrating phenomenal resilience: by the end of 2025, office space sales had doubled, reaching their highest levels since the golden period of 2014. Dubai's commercial real estate market has entered a phase of ‘exceptional growth.’ According to a recent report by consulting agency Cavendish Maxwell, the total...
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