News

The Gulf Cooperation Council (GCC) is expected to remain a bright spot for global growth in 2025, according to a Standard Chartered report. Despite a projected slowdown in global growth to 3.1% from 3.2%, the GCC is expected to outperform, driven by resilient non-oil sector growth and strategic investments that underpin its economic diversification, said Standard Chartered’s Global Market Outlook for 2025. The GCC’s focus on long-term transformation continues to shield the region from many global economic challenges. Investment in non-oil sectors and a conducive environment for private-sector growth are expected to sustain momentum in 2025. The report also highlighted that lower interest

ALTA Real Estate Development proudly unveils Mr. C Residences Downtown, now available for buyers seeking an unparalleled living experience. This exceptional new addition to the Mr. C portfolio marks the second Mr. C property in Dubai. The project is a testament to ALTA’s continued partnership with Ignazio and Maggio Cipriani, representing a modern interpretation of the family’s nearly century-long legacy in hospitality. Inspired by the dynamic energy of Dubai and its stunning skyline, Mr. C Residences Downtown celebrates Dubai’s modern spirit while infusing it with the warm, personalised service for which Mr. C is world-renowned. Mr. C, created by brothers Ignazio

Meydan, a member of Dubai Holding Real Estate, has awarded an AED 529 million contract to Bhatia General Contracting Co. (L.L.C) for the construction of Naya at District One. Nestled in the prestigious Mohammed Bin Rashid Al Maktoum City, this resort-inspired residential development combines tranquil lagoon-side living with sophisticated design and curated amenities. Naya at District One comprises three green-roof residential towers featuring 456 spacious one-, two, three-, and four-bedroom apartments and lagoon villas. Bhatia General Contracting Co. (L.L.C), an award-winning independent contracting and construction company with over four decades of experience in the region, will undertake the construction of Tower 1 (G+20), Tower 2 (G+12), and

Emaar Properties, Dubai's largest listed real estate firm, is in talks with "a few groups" in India including Adani Group to sell a stake of its Indian business, it said on Thursday. The builder of the world's tallest building, the Burj Khalifa, and other iconic parts of Dubai, said in a statement that the valuation and other terms of a potential deal were not finalised, without adding further details. The statement followed media reports on Wednesday stating that Adani Realty, the real estate unit of Indian billionaire Gautam Adani's Adani Enterprise, was in advanced talks to acquire a majority stake in Emaar

Valores Property Development, a rising star in the UAE’s real estate sector, proudly announces the resounding success of its flagship debut project, Valores Residences in Al Furjan. Valued at AED 150 million, this landmark development marks a pivotal milestone in the company’s mission to redefine sustainable, community-focused urban living. It also paves the way for the developer’s ambitious plans to launch AED 600 million worth of projects across prime Dubai locations in 2025, including Dubai International City Phase II, Dubai Islands, and Jumeirah Village Circle (JVC). The G+7 flagship development in Al Furjan has already achieved exceptional success, with nearly all

Urban Properties Development (UPD) today announced the launch of Urban Life Residences, an AED 300 million freehold project located in the heart of Dubai’s vibrant Business Bay. Urban Life Residences is already under construction, with completion and handover scheduled for the second quarter of 2026. The project is strategically located in Business Bay, one of Dubai’s most sought-after districts, offering unparalleled convenience. The prime location ensures effortless connectivity to the city’s key destinations. Residents will enjoy being just 10 minutes from Dubai Mall, 20 minutes from Dubai International Airport, 15 minutes from Mall of the Emirates, and 15 minutes from Kite Beach. The

The Gulf Cooperation Council (GCC) is expected to remain a bright spot for global growth in 2025, according to a Standard Chartered report. Despite a projected slowdown in global growth to 3.1% from 3.2%, the GCC is expected to outperform, driven by resilient non-oil sector growth and strategic investments that underpin its economic diversification, said Standard Chartered’s Global Market Outlook for 2025. The GCC’s focus on long-term transformation continues to shield the region from many global economic challenges. Investment in non-oil sectors and a conducive environment for private-sector growth are expected to sustain momentum in 2025. The report also highlighted that lower interest

Nearly three-quarters of Savills researchers from around the globe expect real estate investment activity to improve significantly by 2025, with a strong recovery in capital values also anticipated. The Middle East and North Africa (MENA) region, including key markets such as the UAE, Saudi Arabia, and Egypt, is primed to capitalise on these positive trends, driven by infrastructure development, visionary economic plans, and rising demand across various sectors. Savills has projected global real estate investment turnover to grow by 27% to $952 billion in 2025 and surpass $1 trillion by 2026. Insights from the survey of Savills 33 heads of research

Luxury real estate builder AMIS Development has recently celebrated the opening of its new sales centre and gallery at The Sunrise Building, Al Safa, Sheikh Zayed Road, Dubai. The inauguration event, attended by investors, VIPs and brokers, marks a milestone for AMIS as it continues to expand its presence in the Dubai real estate market. The centre will bring a comprehensive showcase of AMIS’s portfolio, offering a glimpse into its past and future projects. Open from 9 AM to 6 PM, Monday through Friday, the centre will serve as a hub for prospective investors, customers and partners to explore the company’s

Investors in Dubai real estate notched up record profits of almost AED60 billion from the re-sale market last year. A report released by fäm Properties today showed the secondary market generated capital gains of AED 59.7billion in 2024, representing 32% of Dubai’s all-time high total re-sale value of AED 188.1 billion last year. Underling the soaring value of investment in Dubai real estate and its global appeal, total re-sale profits last year were 34% up on 2023, completing a dramatic 1300% leap over the last five-years. Data from DXBinteract covering 136 areas across the emirate revealed that the highest amount of capital gain,