Azizi Developments, a leading private developer in the UAE, has announced the 76% construction completion of Amber, its premium condominium project in Dubai’s highly acclaimed growth corridor, Al Furjan.Comprising a mix of studios, one-, two- and three-bedroom residences, Amber is due for completion in Q2 2024. Amber’s structure, blockwork, and internal plaster are now 100% complete,  with MEP and HVAC at 75% and 84%,and tiling works at 80%. The swimming pool, façade, and elevator works are at 25%, 80%, and 90%, respectively, while the overall finishes are now 70% complete. The total workforce has been increased to 460. In his comments, Mr.Farhad

Deyaar Facilities Management, a leading facility management (FM) solutions provider and subsidiary of Deyaar Development PJSC, has announced its rebranding as 'Ontegra' to embark on a progressive future towards integrated, technology-driven solutions in the FM industry. This strategic move aligns with the group’s commitment to enhancing operational excellence and setting higher standards through innovation and sustainability. In conjunction with its new brand identity, Ontegra will introduce new services, with stronger emphasis on utilising artificial intelligence to digitise the company's service delivery. Additionally, Ontegra is transitioning to a Microsoft-based system, highlighting its commitment to research and development. With the help of direct

Dubai Holding today announced that it has partnered with leading global lifestyle and leisure hospitality companyEnnismoreto introduce its iconic Delano brand to the UAE. Opening later this year at the waterfront destination Bluewaters Dubai, Delano Dubai will be a luxurious destination marked by attention to detail, craftsmanship and personalised experiences. The launch of Delano Dubai forms part of a landmark agreement signed between Dubai Holding and Ennismore in 2023 to introduce a unique luxury lifestyle experience in Dubai, and follows the opening of Banyan Tree Dubai at Bluewaters Dubai late last year. Amit Kaushal, Group Chief Executive Officer, Dubai Holding, said: “The

Off-plan apartments registered and averaged a robust growth of 16% in price per square foot from 2021 to end of 2023Data from the Dubai Land Department (DLD) has revealed compelling insights, placing units in DAMAC Hills 2 as one of the highest transacted in the UAE. Spread across a 55 million sq. ft area, this master development by UAE’s leader developer DAMAC Properties offers a unique experience in community living in Dubai and provides residents and visitors with a lifestyle that combines relaxation, recreation, and natural beauty. The community's allure is evident in its impressive record of 11,806 units sold, a

Dubai Land Department (DLD), represented by the Real Estate Regulatory Agency (RERA), has partnered with Chinese institute ‘DX Broker Training Service’ to enhance awareness in the Dubai real estate sector. This collaboration seeks to create an outstanding real estate training environment, improve service efficiency, enhance customer satisfaction, and elevate services to meet the highest standards and best practices. The agreement was signed by SaifJuma Al Suwaidi, Director of the Real Estate Licensing and EnablementDepartment at the Real Estate Regulatory Agency at Dubai Land Department, and John Hue, Founder & Trainer of DX Broker Training & Services. Training programmes and educational courses Saif Al

Wasl, one of Dubai’s largest real estate development and management companies, announces the successful launch and sell out of the first batch of units of Park Views Residences Tower A in record time. The launch of this luxurious project follows the tremendous demand for units in Park Views Residences Tower B which went on sale last year, and is a part of Wasl1 master development overlooking Zabeel Park in Al Kifaf. Residents can expect breath-taking panoramic views of the Dubai’s landmarks including Dubai Frame and Burj Khalifa. The project boasts a strategic position within the development, offering convenient access to major transportation

Sobha Realty is honored to announce its participation in the inspiring Mothers' Endowment initiative, spearheaded by His Highness Sheikh Mohammed bin Rashid Al Maktoum. This initiative aims to establish a new university in Dubai, and Sobha Realty has pledged Dh400 million ($109 million) towards its development. This contribution reflects Sobha Realty's unwavering commitment to supporting the advancement of education in Dubai. We are confident that this new university will become a beacon of academic excellence, fostering innovation and opportunity for students across the region. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, praised Sobha Realty's involvement, recognizing it

In the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Vice Chairman of the Board of Trustees of the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), MBRGI and Sobha Realty signed a charitable grant agreement for the establishment of an endowment university in Dubai. The agreement forms part of the Mothers’ Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to honour mothers by establishing an AED1 billion endowment fund to support the education of millions

The merger of Dubai’s top master developers Nakheel and Meydan will diversify offerings for local and foreign investors and also ensure mega projects like Palm Jebel Ali rise to their fullest potential. Merged and brought under the umbrella of Dubai Holding, Dubai could see launches of more iconic, landmark and uber-luxury projects from the entity as the merger is crucial to realise the goals of the Dubai Economic Agenda (D33) and Dubai 2040 Urban Master Plan to place the city at the global map. With hundreds of billions of dirhams worth of assets under their belt, the developers will be key players

Air Arabia (PJSC) (DFM:AIRARABIA) shareholders approved the distribution of 20 percent cash dividend for the financial year ending December 31, 2023 at the company’s Annual General Meeting (AGM). The dividend, which is equivalent to 20 fils per share, underscores another year of record financial performance for the award-winning low-cost carrier. The Board of Directors’ recommendation follows the airline’s robust financial performance in the year ending December 31, 2023, where Air Arabia reported a record net profit of AED 1.5 billion, an increase of 27 percent compared to 2022. During the AGM, the report of Air Arabia’s auditors, balance sheet, as well as