During the first quarter of 2024, Dubai has witnessed a surge in property development projects, with both local and international developers launching new projects at a remarkable pace—averaging more than one per day. According to preliminary data from Cavendish Maxwell’s Property Monitor, nearly thirty new off-plan projects were launched in March 2024, adding approximately 10,000 units to the...

If your car sustained damage during the recent heavy rain in Ajman, you can now apply for a ‘To Whom It May Concern’ certificate online to help process your motor insurance claim. Remember to take clear photos of the damage before utilizing the online service. On Wednesday, April 15, Ajman Police announced that residents could easily complete an application form on the official Ajman Police website...

Hilton and NABNI Developments have announced plans for Waldorf Astoria Residences Dubai Downtown, set to be completed by 2028. This development will be the first standalone Waldorf Astoria residential address outside the United States and will be located in the iconic Downtown Dubai district. The prestigious partnership marks a new era of luxury living in the heart of Dubai, redefining opulence in the...

The Dubai International Financial Centre (DIFC) serves as a global hub for many of the world's wealthiest families and individuals. This international center is nestled among the top 22 wealthiest cities worldwide and is home to over 120 affluent families and individuals, with a combined net worth surpassing $1 trillion. The 2023 World’s Wealthiest Cities Report reveals that Dubai houses over 68,500...

Diriyah Company has announced its inaugural commercial office and retail project, Zallal, which is set to open in the Bujairi District during the first half of 2025. Read this also : Qatar Ministry of Justice Drafts New Real Estate Registration Regulations Upon completion, the development will encompass 12 mixed-use retail and dining establishments spanning 8,000 square meters, alongside two low-rise...

The Ministry of Justice (MoJ) is working on executive decisions and regulations for Law No. (5) of 2024, which governs real estate registration in Qatar. This initiative aims to implement the new law's provisions and modernize the legal and service system in line with the directives of the Qatari leadership. Read this also : A Dh1 Billion Project Unveiled in Dubai’s...

Samana, a Dubai-based private developer, announced the launch of the Dh1 billion Samana Lake Views Project on Thursday. The group plans to invest Dh12.5 billion in UAE real estate this year. Situated in Dubai Production City, the project includes twin towers with 1,006 apartments, featuring studios, one-bedroom, and two-bedroom units across a 794,000 square foot area. The...

Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE, and Ruler of Dubai, has approved plans for a new passenger terminal at Al Maktoum International Airport in Dubai South. The development is part of a broader strategy to shift all operations from Dubai International Airport to the new location over a decade. Read this also : Dubai’s Ultra-Luxury Real Estate Set to Soar...

Dubai's ultra-luxury real estate market is poised for significant growth, propelled by a surge in high-net-worth individuals (HNWIs) and substantial investment inflows during the first quarter of the year. By 2025, HNWIs are expected to account for a 24.6% increase in Dubai's real estate market, driving the luxury segment to unprecedented heights. read this also : Emaar Properties Announces Dh4.4...

Emaar Properties PJSC held its Annual General Meeting (AGM) on Monday, April 22, 2024, in Dubai. The company's shareholders approved the Board of Directors' proposal for a significant dividend payout of Dh4.4 billion ($1.2 billion), equivalent to 50 fils per share. This decision underscores the company's solid financial standing and dedication to providing value to its shareholders. Read this also :...