Entertainment

Dubai Investments’ Danah Bay Achieves 2 Million Safe Working Man-Hours

Dubai Investments, through its real estate subsidiary Dubai Investment Real Estate (DIR), has achieved a significant Health, Safety and Environment (HSE) milestone at its flagship Danah Bay development on Al Marjan Island, Ras Al Khaimah, recording 2 million safe working man-hours without a Lost Time Injury (LTI) across the Residential and Hotel Towers. The milestone has been achieved while construction continues to progress steadily across key components of the development, reinforcing DIR’s ability to deliver complex, large-scale projects safely, responsibly and in line with planned schedules. Reaching 2 million safe working man-hours without an LTI during an active phase of […]

DAMAC International Launches Harir Residences At DAMAC Hills Baghdad

DAMAC International, the leading global real estate developer, has launched Harir Residences in the DAMAC Hills Baghdad master community. The launch further extends DAMAC’s vision of developing world-class residential communities and adds a distinctive landmark to the Iraqi capital’s urbanscape. Amira Sajwani, Managing Director, DAMAC, said: “Harir Residences reflects our vision of creating exceptional lifestyle that elevate the concept of modern living in Baghdad by combining global luxury with authentic local character. At DAMAC, we believe in delivering projects that add real value to Iraq’s real estate landscape and offer residents an integrated lifestyle within a community defined by quality, innovation, […]

Dubai Sees Surge In $10M+ Property Deals As Real Estate Sales Top AED 180billion In Q1 2026, Engel & Völkers Reports

Dubai’s real estate market recorded over AED180 billion in residential and commercial sales during the first three months of the year, supported by a surge in ultra-luxury property transactions and sustained demand across both sectors, according to Engel &Völkers Middle East’s latest market report. The luxury segment emerged as a defining force behind this performance, with 2,148 transactions exceeding AED10 million, marking a 62.6% year-on-year increase and one of the highest quarterly totals on record. The scale and consistency of high-value deals underscore Dubai’s growing appeal among global high-net-worth individuals seeking long-term investment and lifestyle-driven assets. A number of landmark […]

Dubai Luxury Real Estate Market Strengthens Across Key Price Brackets

Dubai’s standing as one of the world’s leading luxury real estate markets is being underlined by sustained demand across key price segments. A new market analysis from the Keturah luxury brand highlights a clear acceleration in developer sales in recent weeks, with strong year-on-year growth in both value and volume despite regional uncertainty. Data from DXBinteract shows that developer sales above AED5 million reached AED25.04 billion between March 1 and April 15, a 21.4% increase on the same period last year, while transaction volumes rose 59.7% to 1,813 deals. The AED5–10 million segment recorded the strongest growth, with value rising from […]

Azizi Developments Marks 39% Construction Milestone At Azizi Venice In Dubai South

Azizi Developments, a leading private developer in the UAE, has announced that construction across the first 14 buildings released at Azizi Venice, its mixed-use community in Dubai South, has reached 39% completion. Centered around one of the world’s largest swimmable lagoons, the project represents a significant step forward for one of the emirate’s most ambitious waterfront developments. Residences in the first phase are advancing rapidly. Azizi Venice 3 leads at 74% completion, followed by Venice 1 and 2at 64% and 57% respectively. Venice 4, 5, 8, 9, and 13 are progressing between 42% and 56%. Mr. Farhad Azizi, Group CEO […]

Dubai Residential REIT Reports Resilient Operational Performance For The Three-Month Period Ended 31 March 2026

Dubai Residential REIT, a Shariah-compliant, income-generating closed-ended real estate investment trust and one of the largest owners and operators of residential real estate in Dubai (the “REIT”), managed by DHAM REIT Management LLC (the “Fund Manager”), today reported solid operational performance for the three-month period ended 31 March 2026 (Q1’26), supported by sustained rental growth, high occupancy levels and continued demand across its diversified residential portfolio. KEY OPERATIONAL HIGHLIGHTS: PORTFOLIO PERFORMANCE COMMENTARY: Revenue increased by 8.4% year-on-year (YoY), supported by strong leasing activity and sustained demand across the core residential segments. Average revenue per leased GLA rose by 7.4% YoY, […]

Nakheel Awards Contracts Worth Over AED 3.5bln To Build 544 Villas On Dubai’s Palm Jebel Ali

Nakheel, a member of Dubai Holding Real Estate, has awarded contracts worth over AED 3.5 billion to Ginco General Contracting L.L.C and United Engineering Construction (UNEC) for the construction of 544 villas on Palm Jebel Ali, marking a key milestone in the delivery of one of Dubai’s most significant waterfront developments. Under the awarded contracts, Ginco will construct 354 villas across Fronds A to D, while UNEC will deliver 190 villas on Fronds E and F. Construction is scheduled to commence this quarter, with completion targeted for Q4 2028. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: […]

Takeem Launches The UAE’s First Rent Guarantee, Advancing The Evolution Of The Country’s Rental Market

Takeem, the award-winning UAE PropTech platform building the trust layer for the property ecosystem, has launched the GCC’s First Rental Guarantee service, a value-added offering for landlords, tenants, asset managers and agents arriving as regional markets navigate renewed uncertainty. The Takeem Rental Guarantee (TRG) covers landlords against tenant non-payment and includes Emergency Maintenance for urgent property repairs. It is available alongside Takeem Direct Debit (TDD), the platform’s automated digital payment service that replaces post-dated cheques with monthly direct debit collection, offered separately for landlords and agencies managing rent collection at scale. The UAE rental market has operated for decades without […]

Homes 4 Life Real Estate Ranked No. 1 Top Partner Of 2025 By Majid Al Futtaim

Homes 4 Life Real Estate proudly announces its recognition as the No. 1 Top Partner of 2025 by Majid Al Futtaim, one of the UAE’s leading developers. The prestigious award was presented in acknowledgment of the company’s exceptional sales performance within the highly sought after master community, Ghaf Woods. This remarkable achievement places Homes 4 Life Real Estate at the pinnacle of Dubai’s competitive real estate landscape, surpassing over 8,000 registered agencies across the emirate. The recognition stands as a testament to the firm’s unwavering persistence, consistency, and commitment to excellence across every aspect of its operations. The award ceremony was held on April 21, 2026, at […]