Entertainment

UAE Hits New Heights In Wellness Real Estate

Dubai luxury developer Keturah has welcomed a new global report showing the UAE as one of the world’s fastest-growing wellness real estate markets, saying the findings reflect a fundamental shift in how the industry must think and build. The study, released earlier this week by the Global Wellness Institute (GWI), reveal that wellness real estate now represents over 12% of all construction in the UAE, where the market grew from $3.3 billion to $14.6 billion between 2017 and 2025. With the global market projected to more than double from $876 billion in 2025 to $1.8 trillion by 2030, the report […]

Aldar Expands Dubai Residential Rental Market Presence With AED 1.1bln Acquisition

Aldar has today announced the acquisition of a residential and community retail development in Dubai Studio City from SRG, a private developer, for AED 1.1 billion, marking the group’s latest residential-for-rent community in Dubai and further supporting its long-term strategy to build a high-quality recurring income portfolio and scaling its presence in the city. Targeted for completion in 2028, the development will include six mid-rise buildings, designed with warm, sandstone-toned façades and generous terraces and balconies that extend the living spaces outward to embrace the landscaped setting below. The development features 312 residential units with a mix of one-, two- […]

Ellington Properties Commences Handover Of Ellington House II And Arbor View

Ellington Properties, Dubai’s leading design-led boutique developer, has commenced the handover of Ellington House II in Dubai Hills Estate, alongside Arbor View in Arjan, marking continued delivery across key residential communities and reinforcing its commitment to consistent execution. These milestones come at a time when delivery performance plays an increasingly important role in shaping market confidence. Recent market data has highlighted sustained year-on-year growth in both transaction volumes and values, driven largely by strong off-plan activity and continued investor confidence. At the same time, more than 8,000 new residential units were delivered during Q1 2026, supporting steady expansion in supply and helping to meet ongoing demand. […]

Whitewill Q1 2026 Report Records AED 139.2 Billion In Dubai Real Estate Transactions

Whitewill, the international luxury real estate agency for developers and partners operating across the UK, USA, and UAE markets, has published its latest Dubai Real Estate Market Overview, offering insights into off-plan and secondary residential sales trends for Q1 2026. Based on transaction analysis conducted by Whitewill from January to March 2026, the report shows that Dubai recorded 44.4K real estate transactions with a combined value of AED 139.2 billion. The findings point to a market that continues to expand in value, supported by steady buyer activity, resilient pricing, and demand across both emerging and established communities. Olga Pankina, Chief […]

Union Properties PJSC Accelerates Growth In Q1 2026, Delivering 66% Revenue Increase And Stronger Profitability

Union Properties PJSC (“Union Properties” or “the Company”) (DFM: UPP) has delivered a strong start to 2026, reporting solid revenue growth and improved profitability in the first quarter, as the Company advances into a new phase of accelerated growth. Revenue for the period increased by 66 per cent to AED 271.4 million, compared to AED 163.2 million in Q1 2025, reflecting sustained demand across the Company’s portfolio and the continued optimisation of its income-generating assets. Gross profit increased to AED 58.4 million, up 37 per cent year-on-year from AED 42.8 million, driven by operational efficiencies, and improved asset performance. Net […]

Dubai Holding And ICD Announce Completion Of Strategic Transaction In Emaar Properties

Dubai Holding and the Investment Corporation of Dubai (ICD) announced the completion of a transaction under which Dubai Holding has acquired a 22.27% equity stake in Emaar Properties PJSC (Emaar Properties) from ICD. Following completion of the transaction, Dubai Holding’s total shareholding in Emaar Properties has increased to 29.73%, positioning it as the company’s largest shareholder. Emaar Properties is listed on the Dubai Financial Market and is one of the largest real estate developers in the Middle East, with a diversified portfolio spanning residential, commercial, hospitality and retail assets. The group has a well‑established footprint across the Middle East, North Africa, Asia and […]

New Expansion In Dubai’s Real Estate Market: Newbury Launches “Chapter” Series Amid Sustained Investment Momentum

As Dubai’s real estate sector continues to post record levels of activity, Newbury Developments has announced the launch of its new residential project series, “Chapter,” in a move that reflects developers’ growing appetite for expansion within the UAE property market, amid rising demand for modern mid-market housing in emerging districts. The first project under the new series is located in Al Warsan 4, one of the fastest-growing urban areas within the second phase of International City. Through this development, the company aims to introduce a residential concept centered on “affordable luxury,” offering homes that combine contemporary design, operational efficiency, and […]

Deyaar Announces Q1 Financial Results, Sustaining Strong Strategic Momentum Into 2026

Deyaar Development PJSC (Deyaar), a publicly listed integrated real estate company and one of the leading developers in the United Arab Emirates, today announced its financial results for the first quarter of 2026, showcasing significant growth and strategic resilience in a dynamic market environment. Deyaar recorded a 3.2% increase in revenue for YTD March’26, reaching AED 447.1 million compared to AED 433.4 million in the same period last year. This growth was achieved despite a downturn in the hospitality sector, offset by robust performance in Property and Facility Management. Profit before tax climbed 23.3% to AED 147.7 million for YTD […]

Boli.ae Launches UAE’s First Fully Digital Property Auction, Closing Elite City Walk Asset Within 7 Days

Boli.ae, the UAE’s digital property auction platform, has announced the successful completion of its inaugural digital real estate auction, marking a major shift in how property transactions are conducted in Dubai. The platform enabled the sale of a premium two-bedroom residence in City Walk within just one week, reinforcing a faster, more transparent alternative to traditional real estate processes. The 1,753 sq. ft. luxury apartment, located in one of Dubai’s most sought-after lifestyle destinations, was listed with no reserve price and an opening bid of AED 500,000. The listing strategy was designed to test market depth and demonstrate the efficiency […]