Dubai Land Department (DLD) concluded its participation in the International Property Show - IPS 2024, which spanned three days with the involvement of 125 local and international exhibitors. The event provided a platform for exchanging expertise and showcasing the latest projects and most promising investment opportunities the real estate sector offers. During the event, His Excellency Engineer Marwan bin Ghalita, Acting Director General of Dubai Land Department, recognised Nakheel Community Management (NCM) for attaining the esteemed ‘Platinum’ rating in the classification system for jointly owned properties management companies by the Real Estate Regulatory Agency (RERA). This acknowledgement celebrates their extensive experience

Sobha Realty, a leading real estate developer in the region committed to delivering unrivalled quality and luxury, concluded the year 2023 with record-breaking sales. The company recorded all-time high sales of AED 15.5 billion in 2023, demonstrating the surging demand for its luxury properties. In 2023, the company witnessed a 51 per cent growth in sales across its diverse portfolio of residential and commercial developments in Dubai. The company attained its sales target of AED 15 billion in 2023 and is aspiring to achieve AED 20 billion in 2024. Sobha Realty’s steadfast commitment to ensure utmost excellence in design, craftsmanship, quality,

MERED, an award-winning international real estate developer, known for its flagship project - ICONIC Tower in Dubai Internet City has today announced its win for the Project of the Year with Best Architecture at the Pillars of Real Estate Awards. The flagship tower is developed in collaboration with globally renowned architectural powerhouse Pininfarina, known as the global standard-bearer of architecture and Italian design aesthetics, and is esteemed for creating timeless designs that embody the essence of technology and beauty. ICONIC Tower, situated in the vibrant heart of the city, is set to transform Dubai's skyline and introduce an era of ultra-luxury

Homes 4 Life Real Estate, a prominent name in Dubai's real estate landscape, proudly announced its remarkable achievement at the prestigious EMAAR Annual Broker Awards 2023 held at the Armani Hotel, Burj Khalifa, Downtown Dubai on February 28th. Amidst a gathering of industry leaders and distinguished guests, Homes 4 Life Real Estate secured the 10th position, underscoring its commitment to excellence and outstanding performance in the real estate sector. The highlight of the event was the momentous award presentation by H.E. Mohamed Alabbar, Chairman of EMAAR Properties, who personally handed over the accolade to Homes 4 Life Real Estate amidst applause and

Azizi Developments, a leading private developer in the UAE, is announcing the 95% construction completion of Park Avenue lll, part of the prestigious Park Avenue project in the highly sought-after MBR City. Scheduled for a Q1 2024 completion, the project comprises 372 homes and 29 retail units within buildings featuring fully equipped gyms and swimming pools.Park Avenue is a vibrant and well-connected residential community strategically located in one of Dubai’s most growth-inclined, sought-after, and well-connected areas. Work on Park Avenue III is nearing completion at a rapid pace, with significant milestones having been achieved across the project. Structure, blockwork, internal plaster,

Emaar Properties, a global property developer synonymous with pioneering architectural landmarks, today announces the launch of two new major projects, The Heights Country Club in Dubai, and Grand Club Resort next to The Oasis. Building on the company’s impressive track record of shaping lifestyles and creating world-class integrated destinations, the new ventures not only demonstrate Emaar’s vision to create the highest standards of high-end living experiences, but also strategically positions the company to launch a substantial number of villas and townhouses, which are expected to boost sales and profitability. The first majestic development, sprawling across 81 million square feet and valued

The UAE is a sunny, luxurious, tax-free haven — and especially so for expats, with more than 100,000 expats moving to the country in 2023 alone. If you are among those planning to make the move, Khaleej Times has put together a little 'cheat sheet', if you will, to help you manage expectations, settle down a bit more easily in the country and feel at home from Day 1. From small nuggets of information you should definitely know to things to steer clear of, here's a list of all you need to know when you start living in the emirates. 1. You can get anything

Azizi Developments, a leading private developer in the UAE, has announced that Pearl, its recently launched development in Dubai’s growth corridor, Al Furjan, is now 95% complete, with its completion on schedule for Q1 2024. Pearl’s structure, blockwork, internal plaster, tiling work, HVAC, swimming pool, façade and elevator installations are all 100% complete. Moreover, MEP is 98.5% complete, external works are at 78%, and final finishes at 98%. Mr. Farhad Azizi, CEO of Azizi Developments, said: “We’re excited about the rapid progress at Pearl with it being on time for its Q1 2024 completion. Its strategic location, impeccable architectural design, flawless construction,

Major stock markets in the Gulf dropped in early trade on Thursday as minutes from the U.S. Federal Reserve's last policy meeting cemented bets the central bank will not cut interest rates soon. The bulk of Fed policymakers at the January meeting were concerned about the risks of cutting rates too soon, with broad uncertainty about how long borrowing costs should remain at their current level, minutes released on Wednesday showed. Most Gulf currencies are pegged to the dollar and any monetary policy change in the United States is usually mimicked by Qatar, the United Arab Emirates and Saudi Arabia. The Qatari benchmark

Emaar Properties is thrilled to announce a significant expansion of its flagship residential development, The Oasis by Emaar, underlining its commitment to setting new benchmarks in luxury living. This prestigious project in Dubai now boasts a 108% increase in its lush landscapes, elevating the total development value from AED 34 billion to an astounding AED 73 billion. The Oasis by Emaar, originally launched as one of Dubai's largest and most distinguished developments, established a new standard in upscale living with exceptional architectural design and interiors by renowned global talents. Commenting on this ambitious project, Mohamed Alabbar, founder of Emaar Properties, said: “With