Dubai Investments has launched construction on a new residential and hotel tower project in Ras Al Khaimah, located in the northern emirate. The expansive project spans 90,000 square meters and features 40,000 square meters of beachfront, including 189 villas. Situated on Al Marjan Island, the development is known as Danah Bay and involves an investment of AED 1 billion ($272 million). This includes the...

The real estate market in Abu Dhabi has experienced significant growth in the first quarter of 2024, driven by strong interest from foreign investors and rising sales prices, especially in high-end neighborhoods. Data from Bayut, a leading UAE real estate portal, indicates an increase of up to 6% in luxury apartment and villa sales prices in sought-after areas. On Saadiyat...

Blue-chip tenants seeking ultra-premium office spaces in Dubai can now lease at One Za'abeel's twin-tower development for terms of five or six years. This prestigious office building stands out among recent developments in Dubai, including Uptown Tower and ICD Brookfield in DIFC. One Za'abeel developer, Ithara, a division of the Investment Corporation of Dubai, will also offer shorter office leases of...

Alef Group, the leading real estate developer in Sharjah, has announced the handover of 819 residential units to clients at the Al Mamsha Souks zone. Issa Ataya, CEO of Alef Group, expressed his pride in achieving this milestone, stating, “This accomplishment signifies a pivotal moment in the evolution of our community. It demonstrates the exceptional growth and development of both Al Mamsha and the...

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...