Dubai’s real estate market posted exceptional results in April, with residential sales transactions reaching 17,447—an impressive 61% increase compared to the same month last year—while commercial rental activity surged, including a 22.4% rise in average office rents and a sharp 40.8% jump in warehouse rates. These figures, published in the April 2025 report from Engel &Völkers Middle East, a leader in premium residential and commercial real estate services, underscore Dubai’s continued strength as a magnet for global capital, even amid wider economic uncertainty and shifting investor sentiment worldwide. In the residential sector, transaction volumes not only outpaced April 2024 but also

Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP)announced its financial results for the first quarter of 2025, reporting a strong start to the year with 18.2% increase in revenue, reaching AED163 million compared with AED138 million in Q1 2024. This revenue growth is expected to continue, supported by strategic initiatives and project launches, with significant increases anticipated each quarter. This solid performance underscores the Company’s continued focus on its core operations and the positive contributions of its high-performing subsidiaries across the UAE’s Real Estate sector. Gross profit increased to AED42.8 million, representing a 25.3% increase compared to AED34

SOHBA Hospitality Management has announced a strategic focus on expanding into underserved secondary and tertiary hotel markets across Egypt, Saudi Arabia, and the wider GCC, offering a scalable operating model tailored for niche and mid-sized properties and new tourism corridors. The announcement follows the company’s recent launch at Arabian Travel Market 2025 in Dubai.With leadership ties to the Thomas Cook Tours portfolio, SOHBA Hospitality Management benefits from deep-rooted expertise in tourism, travel distribution, and hospitality strategy. Dr. Sami AlHussainy, Board Member and Chairman of the Legal and Strategic Sector, SOHBA Hospitality Management,said, “SOHBA Hospitality Management has been created with flexibility and

Dubai’s real estate market posted exceptional results in April, with residential sales transactions reaching 17,447—an impressive 61% increase compared to the same month last year—while commercial rental activity surged, including a 22.4% rise in average office rents and a sharp 40.8% jump in warehouse rates. These figures, published in the April 2025 report from Engel & Völkers Middle East, a leader in premium residential and commercial real estate services, underscore Dubai’s continued strength as a magnet for global capital, even amid wider economic uncertainty and shifting investor sentiment worldwide. In the residential sector, transaction volumes not only outpaced April 2024 but

Reinforcing its long-standing pledge to social inclusion, Azizi Developments, a leading private developer in the UAE, is sponsoring the Rashid Center for People of Determination for the seventh consecutive year. The donated funds will be used to improve classrooms and communal areas, including setting up a dedicated learning space. In his comments, Mr.Farhad Azizi,Group CEO of the Azizi group of companies, said: “As part of our sustained social responsibility efforts, we are honored to extend our partnership with the Rashid Center for People of Determination into its seventh consecutive year. This enduring collaboration is a testament to our belief in the

Emaar Development PJSC (DFM: EMAARDEV), the UAE’s premier property development company specialising in the build-to-sell property development business, and a majority-owned subsidiary of Emaar Properties PJSC (DFM: EMAAR), achieved robust results in Q1 2025 (January to March), reflecting its commitment to operational excellence, innovation, and customer satisfaction. Key Highlights of the Results: Sales Growth: Emaar Development achieved property sales of AED 16.5 billion (US$ 4.5 billion); an increase of 28% over Q1 2024 sales of AED 12.9 billion (US$ 3.5 billion).The success of 12 projects launches across all the masterplans during Q1 2025 further underscores Emaar’s market leadership and positions the

With strong fundamentals, real estate and construction stocks continue to capture investor attention across the UAE. According to eToro’s recent Retail Investor Beat survey, 52.5% of investors see real estate and construction as the most promising sector over the next 12 months, ahead of even the fast-growing technology sector, which came in at 42%. Dubai and Abu Dhabi’s property markets remain two of the hottest globally, fuelled by population growth, foreign investment, and demand for premium developments. This strength has translated into solid returns for listed developers in the last year, such as Emaar Properties (+72%) and Aldar (+40%). Aldar’s Q1

Ennismore, the fastest-growing lifestyle and leisure hospitality company, announces a new branded residential concept for cultural-defining brand, Our Habitas, accelerating the group's global growth in the segment. As with its hotels, Ennismore brings its creative design expertise and ability to create a genuine sense of community through unique programming, carefully curated F&B elements, and exceptional services. With over 45 residential projects launched and under development across 20 countries, including the US, Spain, Mexico, Saudi Arabia, and UAE, Ennismore's expansion in the branded residence market underscores its commitment to redefining lifestyle, bringing its globally renowned brands, including Mondrian, Hyde, Rixos and now

DAMAC Properties has officially revealed Chelsea Residences by DAMAC, the iconic residential development born of its landmark global partnership with, Chelsea F.C. Located in Dubai Maritime City, Chelsea Residences stands on one of the last remaining waterfront corner plots offering unobstructed 270-degree views of the Arabian Gulf and the Dubai skyline. The development consists of six towers rising 130 metres high with over 1,400 meticulously designed apartments, each inspired by the serenity of the sea and the passion of Chelsea F.C. The launch in Dubai was held in Dubai and attended by Amira Sajwani, Managing Director of DAMAC and ToddKline, President,Commercial,

Dubai’s office market continues to demonstrate strong fundamentals, with rising demand, increased occupier activity, and a dynamic shift in market behaviour. According to Savills latest Dubai Office Market in Minutes – Q1 2025, the emirate has entered a new phase of growth, characterised by elevated rental price levels, reduced vacancy, and increasing competition for prime commercial space. Dubai saw average year-on-year office rental price growth of 45% across 22 sub-markets in Q1 2025. Key business districts such as DIFC, Business Bay, Downtown Dubai, and TECOM are performing particularly well, with occupancy rates in DIFC reaching 98%. As a result, well-located, Grade