Entertainment

Expert: Residency Amendments Boost Dubai’s Competitiveness And Unlock New Market Demand

Dubai-based W Capital Real Estate Brokerage has released a new analytical study assessing the strategic impact of the amendments to the two-year real estate investor residency requirements in Dubai. The company considers this move a qualitative leap in enhancing the real estate market competitiveness and a confirmation of the emirate’s ability to “outbid itself” through the continuous development of its investment environment. The new amendments announced by the Emirate of Dubai, including abolishing the minimum property value requirement for individual investors (previously AED 750,000) and regulating joint ownership so that each investor’s share is no less than AED 400,000, reflect […]

DHG Properties Breaks Ground On Helvetia Verde In Meydan Horizon

DHG Properties, the Dubai-based developer and part of Swiss real estate and construction group DHG, has officially broken ground on Helvetia Verde, its second residential development in Dubai. With piling and shoring now underway as the first phase of construction, the milestone marks the commencement of works on the 20-storey high-rise in Meydan Horizon, placing the project firmly on track for delivery to homeowners and investors in Q1 2028. Helvetia Verde is strategically positioned within Meydan Horizon, a visionary live-work-play district undergoing one of Dubai’s most ambitious redevelopments. Since launch, 60% of units have already been sold, reflecting strong and […]

CDS Real Estate Development L.L.C Transfers Its Projects To New Real Estate Project Developer

CDS Real Estate Development L.L.C, a company duly incorporated and operating under the laws of the United Arab Emirates, hereby formally announces its intention to transfer, assign, and delegate all development rights, obligations, liabilities, and responsibilities related to the real estate project known as “CDS WAVE” (the “Project”), which is registered with the Dubai Land Department under Project Registration No. (4167). The proposed transfer shall be made in favor of Crona Development L.L.C, a duly licensed real estate development company, subject to obtaining all necessary approvals from the relevant authorities, including the Real Estate Regulatory Agency (RERA). This transfer includes, but […]

Meraas Awards AED 2.4bln In Construction Contracts For New Phases Of The Acres Communities

Meraas, a member of Dubai Holding Real Estate, has awarded AED 2.4 billion in main construction contracts for new phases of its flagship villa developments, The Acres and The Acres Estates, in Dubailand, marking a significant addition to Dubai’s growing pipeline of high-quality villa communities amid sustained demand from local and international buyers. United Engineering Construction (UNEC) has been appointed to deliver The Acres, while GCC Contracting will lead construction at The Acres Estates. The contracts cover the construction, testing, commissioning, and handover of 557 villas. The latest phase of The Acres will include 371 three- to five-bedroom villas alongside key community infrastructure, while The Acres Estates will comprise 186 five- to seven-bedroom […]

Arabian Gulf Properties Welcomes Dubai Metro Gold Line As Major Boost To Real Estate Growth In Dubai

Arabian Gulf Properties has welcomed the approval of the Dubai Metro Gold Line by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, describing the landmark project as a major step forward for Dubai’s urban development and a strong positive signal for the emirate’s real estate sector. Announced on 22 April 2026, the Gold Line represents Dubai’s largest sustainable transport project and is set to further reinforce the city’s position as one of the world’s most attractive destinations for living, investment and business. With an investment of around AED34 billion, […]

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 […]