Leading urban planning and development company URB, based in Dubai, has proposed to develop a ground-breaking project that establishes new benchmarks for coastal regeneration in the city. Dubai Mangroves anticipates planting more than 100 million mangrove trees over a 72-kilometer stretch to improve Dubai’s coastline while combining ecological preservation with urban development. This proposal,...
For many of the richest families and individuals worldwide, the Dubai International Financial Centre (DIFC) is a reliable, international hub. DIFC has contributed to Dubai’s ranking as the top city in MEASA and among the top 22 cities worldwide in terms of the wealthiest populations. It is home to over 120 of the wealthiest families and individuals in the world, with combined net worths exceeding $1...
The exhibition provides property developers and investors with an opportunity to showcase and promote their projects not only domestically but also internationally Dubai is set to host the ACRES Real Estate Exhibition from May 16 to 19 at the Dubai World Trade Centre. Launched in strategic partnership with the Sharjah Chamber of Commerce and Industry (SCCI) and Sharjah Real Estate Registration...
Dubai Ruler approved the plans on Sunday for the new passenger terminal at Al Maktoum International Airport. All of Dubai International Airport’s operations will be gradually moved to the new airport over ten years. The Dh128 billion terminal will be built, and work will start right away as part of the Dubai Aviation Corporation’s plan. Covering an area of 70 square kilometers, the airport will...
Samana, a private developer based in Dubai, launched the Dh1 billion Samana Lake Views Project on Thursday. This year, the group plans to invest Dh12.5 billion in UAE real estate. Located in Dubai Production City, the twin towers offer 1,006 apartments with studios, one, and two bedrooms spread over a 794,000 square foot plot. The project is expected to be finished in October 2027. “Samana’s new...
Six Senses announced the opening of Six Senses Residences Dubai Marina, their newest project, in partnership with Select Group, a real estate developer in Dubai. When completed, the 122-story complex will be 517 meters tall, the tallest residential tower in the world. Six Senses Residences Dubai Marina will integrate wellness amenities and infrastructure into its design concept, staying true to its...
The manager of Emirates REIT (CEIC) PLC, Equitativa (Dubai) Limited, has released the financial results for Emirates REIT for FY 2023. The REIT saw rapid expansion and record-breaking rental income. Commenting on Emirates REIT’s 2023 performance, Thierry Delvaux, Chief Executive Officer of Equitativa, said: “The past year represents a major milestone for Emirates REIT, with record revenues and...
Residents of Dubai who were impacted by the storm can now use WhatsApp to get in touch with the authorities for assistance with property damage from the rain. This is in response to Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum’s directive to the relevant authorities to prepare for severe weather. By these directives, the Mohammed bin Rashid Housing Establishment’s Executive Director, Omar...
In the Dubai Hills district, developer Binghatti, based in Dubai, is starting a brand-new, massive real estate project. The development known as Binghatti Hills is expected to be the biggest undertaking in Dubai Hills, encompassing 1,666 residential units spread over an extensive land area along with 21 retail spaces. The Four Seasons Jumeirah in Dubai will host a four-day sales event after the...
In Dubai in the first quarter of 2024, developers from both domestic and foreign companies are launching projects at a rapid pace—on average, more than one launch per day. Based on preliminary data from Cavendish Maxwell’s Property Monitor, almost thirty new off-plan projects were launched in March 2024, with 10,000 units coming up for sale over the month. “These projects now bring the total...
