Union Properties PJSC (“Union Properties” or the “Company”) (DFM symbol: UPP) hasannounced the outcomes of its Annual General Meeting (AGM), signalling one of the most significant milestones in the Company’s history, defined by the return of shareholder dividends. For the first time in 6 years, the AGM successfully convened on first quorum, with 68% shareholders attending. This strong level of participation reflects renewed investor confidence in the Company’s strategy, performance, and future outlook. A Defining Moment: First Dividend in 11 Years In a landmark decision, shareholders approved the distribution of a cash dividend of AED 3 fils per share, marking the Company’s first

Tokinvest, the Dubai-based real-world asset platform regulated by the Dubai Virtual Assets Regulatory Authority (VARA), today announced that it is launching a tokenised product in Dubai that references a global real estate asset.  This marks a significant milestone for both the company and Dubai’s evolution of tokenised property markets. At a time when global markets continue to search for more efficient, transparent and alternate forms of capital formation, Dubai is continuing to build for the future. Through the leadership of the United Arab Emirates and the regulatory clarity of the Virtual Assets Regulatory Authority (VARA), Dubai has created one of the

BNW Developments strides into Dubai's real estate market with the launch of Orvessa Residences by Michel Adam. As the single largest private developer in Ras Al Khaimah, BNW expands its prestigious branded residences portfolio to Al Furjan with this landmark 6th project, through a design approach defined by clarity, craft, and enduring value. Strategically located between Sheikh Zayed Road and Mohammed Bin Zayed Road, Al Furjan continues to emerge as one of Dubai’s most connected communities, offering an ideal balance of urban accessibility and neighbourhood calm. With lush landscapes, community parks, and walkable spaces, it is especially appealing to end-users and

At a time when many organizations are responding to global uncertainty with layoffs, salary cuts, and reduced employee engagement, Milano by Danube continues to stand firm in its people-first philosophy. Through meaningful initiatives, the company prioritizes employee wellbeing, unity, and long-term resilience. The brand under the leadership of Anis Sajan, Vice Chairman of Danube Group, has taken a distinctly different path, one that puts people first. Milano by Danube recently concluded a thoughtfully designed employee staycation in Dubai at a five star property (Anantara Resort), reinforcing its commitment to employee wellbeing, this initiative reflects a balanced approach between business continuity and

Grovy Developers, an award-winning real estate developer in Dubai, has confirmed steady progress on its residential project, RIVO by Grovy, in Dubai Land Residential Complex (DLRC). Al Ishrak Contracting Company L.L.C. has been appointed as the main contractor for the project, scheduled to mobilise on the construction site this month. Following the groundbreaking ceremony in November 2025, construction at RIVO is progressing on schedule. The enabling works are in their final phase with piling and shoring works now near completion. With enabling works concluding on track, the project is ready to advance into the next construction phase in line with its Q4

Alta Real Estate will make its official debut at Salone del Mobile 2026 with the global unveiling of the first bespoke furniture piece. The presentation marks a significant milestone for Alta, making it the first Emirati developer to officially present at Salone del Mobile, and positioning the company among the international design houses and architectural brands shaping the global cultural conversation. The furniture piece was developed by A++ Group, with interior design led by Carlo Colombo as Creative Director, created for the Maison Margiela Residences in Dubai. The piece represents the first physical expression of a broader bespoke furniture collection developed specifically for

betterhomes says recent regional developments are impacting sentiment rather than fundamentals in the UAE property market, with activity slowing but underlying demand remaining intact. Speaking during a market update webinar hosted last week, betterhomes' leadership team, including its CEO, Head of Off-Plan and Capital markets, and Head of Leasing, said recent geopolitical events should be understood as a short-term pause in decision-making rather than a structural shift in the market. The disruption has slowed decision-making, but not derailed the UAE property market, with off-plan continuing to drive activity, leasing demand beginning to stabilise, and buyers becoming more selective. While transaction volumes softened in

Mira Developments has unveiled Richmond District, a new branded residential development in Al Furjan and the area’s first fully integrated master plan, created in collaboration with John Richmond. Located next to Discovery Gardens Metro Station, Richmond District brings together five residential towers, one office tower, and a shared podium designed around water, wellness and everyday convenience. The project was officially introduced on April 2 during a large-scale Grand Unveiling event, attended by over 4,000 guests. The main celebration took place at Baoli Dubai, with a simultaneous live broadcast hosted at African Queen, connecting audiences across both venues. Among the notable attendees

At a time when the US–Israel–Iran conflict is reshaping geopolitical and economic realities, businesses across the region are being tested on their ability to adapt and endure. Against this backdrop, Danube Group’s Founder and Chairman Rizwan Sajan is setting a strong example of leadership by standing firmly by its workforce. On Tuesday, Sajan took to Instagram to announce that the company will not lay off any employees. “I’ve faced many challenging situations in the past - from the Iraqi invasion of Kuwait to the 2008 financial crisis and the COVID-19 pandemic. Despite these, we have always bounced back stronger, and I’m

DAMAC Properties, the UAE’s and the Middle East’s largest private real estate developer, has capped off a strong Q1 performance, emerging as the market leader in March 2026. Having achieved AED 3.12 billion in sales across 1,106 transactions, DAMAC is top ranked by transaction volume, significantly ahead of competitors. The performance reinforces DAMAC’s dominant market position, with a total of 3,663 units sold in Q1 2026, consolidating its role as a key driver of Dubai’s real estate momentum. Amira Sajwani, Managing Director of DAMAC Properties, said: “Despite political tensions across the region, the fundamentals of Dubai’s real estate market remain exceptionally strong.