Azizi Developments, a leading private developer in the UAE, has signed a non-binding Memorandum of Understanding (MoU) with Hyprlift, Inc., a US-based innovator in advanced vertical transportation systems, to explore the potential application of ropeless elevator systems within selected Dubai developments. Under the MoU, the two parties will undertake technical studies, integration planning, and feasibility assessments to evaluate end-to-end requirements from design and installation through testing, commissioning, operations, and ongoing maintenance. Hyprlift, Inc. specializes in the development of self-propelled, modular, ropeless elevator systems that introduce an alternative approach to vertical transportation, offering greater architectural flexibility, multi-directional movement, increased transport capacity, and more

Dubai Residential REIT (DFM: DUBAIRESI), a Shariah-compliant, income-generating closed-ended real estate investment trust and one of the largest owners and operators of residential real estate in Dubai (the “REIT”), managed by DHAM REIT Management (the “Fund Manager”), today announced the outcomes of its first Annual General Meeting. At the meeting, unitholders approved the Board of Directors' recommendation to distribute a cash dividend of AED 550 million for the second half of 2025, equivalent to 4.2 fils per unit, bringing the total payout for the year ended 31 December 2025 to AED 1.10 billion, equivalent to 8.5 fils per unit, implying a gross

Award-winning real estate developer Imtiaz Developments has announced the successful handover of Beach Walk by Imtiaz, becoming the first developer to complete and deliver a residential project on Dubai Islands. The project marks the first completed development within Imtiaz’s Dubai Islands portfolio, which is collectively valued at over AED 6 billion. The handover is an early anchor for the evolving Dubai Islands, as it enters its next phase of development. More than the completion of a building, it signals the activation of Dubai Islands’ residential future and firmly positions Imtiaz Developments among the earliest and most influential private developers shaping the area’s growth and long-term trajectory. Imtiaz’s Strategic

Badar Rashid AlBlooshi, Chairman of Arabian Gulf Properties, said that Dubai’s real estate market continues to demonstrate balanced growth across both residential and office segments, supported by strong economic fundamentals, business expansionand sustained investor confidence. AlBlooshi noted that while residential real estate continues to benefit from population growth and end-user demand, the office market recorded exceptional performance toward the end of 2025, reinforcing Dubai’s position as a leading regional and global business hub. Referring to data reported recently, citing market research, AlBlooshi highlighted that Dubai’s office real estate sector recorded a 32.4% year-on-year increase in average rents, reaching approximately AED 225 per

In a clear indication of continued confidence in the strength of the UAE economy and the attractiveness of Dubai’s real estate market, JAD Global Real Estate Development has announced the groundbreaking of its residential project JAD288, the company’s second development in Jumeirah Garden City, alongside the appointment of Al Safa Contracting as the project’s main contractor, marking the start of construction works. The project forms part of JAD Global’s ongoing expansion strategy in Dubai’s property market. Valued at more than AED 400 million, JAD288 brings the company’s active development portfolio to approximately AED 2.2 billion, spanning several strategic locations across Dubai,

A luxury apartment in Dubai has been sold off-plan for AED422 million, and the deal has been hailed as powerful sign of confidence in the city’s real estate market, and security in the UAE. The sale yesterday of the 31,201 sq ft apartment at Aman Residences Dubai on the Jumeirah Peninsula, has been confirmed by fäm Properties. Data from DXBinteract, the data platform developed by the company in partnership with Dubai Land Department, said the transaction put the value at AED 13,525 per sq ft. Firas Al Msaddi, CEO of fäm Properties, said: “The sale of an ultra-luxury villa at this level is

Badar Rashid AlBlooshi, Chairman of Arabian Gulf Properties, said that Dubai’s real estate market continues to demonstrate balanced growth across both residential and office segments, supported by strong economic fundamentals, business expansionand sustained investor confidence. AlBlooshi noted that while residential real estate continues to benefit from population growth and end-user demand, the office market recorded exceptional performance toward the end of 2025, reinforcing Dubai’s position as a leading regional and global business hub. Referring to data reported recently, citing market research, AlBlooshi highlighted that Dubai’s office real estate sector recorded a 32.4% year-on-year increase in average rents, reaching approximately AED 225 per

While geopolitical tensions across parts of the Middle East periodically generate global headlines, the United Arab Emirates continues to demonstrate remarkable stability, reinforcing its reputation as one of the world’s most resilient economic and investment destinations. Market analysts note that regional escalations historically tend to be short-lived, strategically contained, and limited in their long-term economic impact. In contrast, the UAE’s economic framework is built on long-term planning, diversified industries, and institutional strength. With advanced security systems, strong diplomatic positioning, and a globally integrated economy, the UAE remains insulated from the type of prolonged instability that affects conflict zones. Today, the country plays a central

In a strategic move to fortify Emirati leadership within the nation’s most vital economic pillar, Al Arabi Trustees has announced a landmark initiative to decentralize and localize real estate governance. The launch of its new Dubai Land Department (DLD)-authorized Registration Trustee Office in Al Khawaneej represents a significant step forward in the UAE’s mission to empower national talent and enhance the ease of doing business for the Emirati community. The center was inaugurated by Sheikh Mohammed Bin Rashid bin Mana Al Maktoum, whose presence underscores the initiative's alignment with the Dubai Government’s vision of a future-ready, inclusive, and transparent real estate ecosystem.

First sales from developers remained dominant and cash buyers accounted for more than two thirds of resales in Februaryas Dubai’s real estate market continued its powerful start to the year. A report from fäm Properties today reveals that the primary market accounted for 11,351 sales transactions worth AED42.1B last month, compared with 5,628 resales valued at AED18.6B. Just over 69% of all sales transactions in the secondary market were conducted in cash, as the sector accelerated well beyond the levels seen in the first two months of 2025, whichultimately set all-time annual sales records in value and volume. Data from DXBinteract showed that sales