News

Azizi Developments, a leading private developer in the UAE, appointed Doka, a world leader in formwork, scaffolding, and engineering solutions, as the formwork and scaffolding partner for Rêve Riviera, a landmark multi-tower residential complex rising in Mohammed Bin Rashid (MBR) City, Dubai. The appointment was a reflection of Azizi’s quality-driven approach to project delivery and its commitment to partnering with industry leaders who can meet the pace and precision that its developments demand. Doka’s scope covers the full vertical and horizontal construction phases of the complex’s three 26-storey towers, each featuring distinctive wave-like façades and panoramic glass elements inspired by the

DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has urged more than 300,000 residentsstaying across its communities and team members to participate in ‘Earth Hour 2026’. The annual sustainability initiativeis part of a global movement highlighting the urgent need for climate awareness and energy conservation. On Saturday, March 28, DAMAC communities and towers across Dubai will go dark by switching off lights for one hour, starting 8.30pm. The initiative is supported by community engagement teams and sustainability champions from LOAMS, the award-winning, jointly owned property and community management company. DAMAC’schampioning of Earth Hour reinforces its

talabat, the leading on-demand delivery platform in the MENA region, has partnered with Dubai Residential, a leading operator of one of the city's largest and most diverse residential leasing portfolios, to bring added value, convenience, and community experiences to residents across its neighbourhoods. Rooted in a shared commitment to strengthening community life, the partnership will introduce a range of benefits designed to support residents’ everyday needs while creating moments that bring neighbors together. From savings on everyday deliveries to curated experiences within residential communities, the collaboration reflects talabat’s continued focus on giving back to the communities it serves. As part of this

W Capital Real Estate Brokers announced the successful sale of 33 apartments for AED 33.6 million in the STAX project in Jumeirah Village Circle, developed by Pasha One. The sale underscores the continued strong momentum in Dubai's real estate market and its resilience to escalating geopolitical tensions in the region following Iran's blatant attacks. “This achievement confirms that Dubai's real estate market continues to demonstrate remarkable ability to maintain momentum and resilience in the face of any challenges, despite Iranian attacks targeting UAE territory,” said Walid Al Zarooni, W Capital Real Estate Brokerage CEO. He added that the figures recorded in recent

At a time when global uncertainty is influencing sentiment across markets, Dubai’s real estate sector is entering a phase that is increasingly difficult to interpret. Buyers, sellers, and investors are navigating a landscape shaped by shifting demand, evolving price movements, and broader geopolitical and economic pressures. In this environment, one challenge has become clear. There is no shortage of opinions on where the market is heading, but there is limited access to real-time, structured data that can support those views. Prop-AI, a UAE-based PropTech company focused on real estate intelligence and transaction enablement, has announced the launch of the Dubai Deal Index, a

EasyWill, the UAE’s first full digital AI powered Will creation and registration platform. has announced a strategic partnership with REELLY AI, a leading PropTech B2B platform, to empower real estate agents with estate planning tools and education to better protect their clients’ assets and investments. The partnership comes at a critical time following recent updates to inheritance regulations in the UAE and during these uncertain times. Under new rules introduced in January 2026, financial assets located in the UAE and belonging to expatriates without registered heirs may be designated as a charitable endowment, underscoring the importance of proper estate planning. At the

Dubai's luxury property market continues to show strong momentum, with developer sales of AED10.92 billion in March and a 42% year-on-year increase in transaction volume to 900 deals, with one week of the month remaining. A market analysis from the Keturah luxury brand today shows that over the first 24 days of March, the AED20-50 million sector recorded 79 sales transactions worth AED2.36B, including six off-plan villas bought for between AED43-50 million. Data from DXBinteract reveals that 16 sales transactions in the AED50-100 million bracket amounted to AED1.04 billion, and included nine off-plan apartments which were sold for between AED51-92 million. "In the

AMWAJ Development, a Dubai-based boutique real estate developer, has officially broken ground on Gate 11 in MBR District 11, Meydan, marking the start of full on‑site construction. With 85% of the project already sold and only a limited number of units still available, the milestone reinforces the strong market response to one of the developer's most anticipated residential communities. Completion is scheduled for Q1 2028, with construction now moving into an accelerated execution phase. "At Amwaj, progress is never incidental. What appears on site is the result of months of disciplined planning, technical coordination, and execution readiness behind the scenes. We work around

Dubai Municipality reported strong performance indicators in the building and construction sector during the first quarter of 2026, reflecting sustained development momentum across the emirate and a highly attractive investment environment that continues to reinforce Dubai’s position as a leading global destination for sustainable urban development. These results highlight Dubai Municipality’s continued role in supporting the objectives of the Dubai Economic Agenda D33 and the Dubai 2040 Urban Master Plan through an integrated ecosystem of smart services and enabling regulations that enhance sector efficiency and sustainability. Accelerated growth in building permit issuance Dubai Municipality issued 10,776 building permits during the first quarter of

Emaar Properties PJSC (DFM: EMAAR) today held its Annual General Meeting (AGM), where the Board of Directors reviewed the company’s financial performance for 2025 and outlined its strategic priorities for the period ahead. During the AGM, shareholders approved a 100% dividend payout, amounting to AED 8.8 billion (US$ 2.4 billion), reflecting the company’s commitment to delivering sustained value to its shareholders and in line with the dividend policy announced in December 2024. The meeting also included the approval of the auditor’s report for 2025, together with the Board’s report on the company’s activities and financial position. Emaar’s financial results for 2025 highlighted