The UAE's AD Ports Group has made a significant move by launching operations in Türkiye, marking a strategic expansion aimed at enhancing its global footprint. This initiative aligns with the group's broader goal of becoming a pivotal player in international logistics and trade. Strategic Partnership with Tosyalı Holding AD Ports Group has entered a collaboration with Tosyalı Holding, one of...

The Dubai real estate market has witnessed a significant shift as property buyers increasingly move their focus from the city center to the outskirts. This trend is driven by several key factors: 1. Affordability and Value Central Dubai properties have seen substantial price hikes, making them less accessible to a wider range of buyers. The cost per square foot in prime areas like Downtown Dubai and Palm...

Dubai, May 2024 – Samana Developers, a prominent real estate developer in Dubai, has recently partnered with Complyfin, an affiliate of Dow Jones, to enhance its compliance framework. This strategic move aims to implement Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) measures across Samana's operations, ensuring adherence to global standards. Read this also : Sharjah Real Estate...

In April, the Sharjah Real Estate Registration Department reported a total of 1,632 real estate transactions, amounting to Dh1.7 billion. This data signifies a growing confidence in Sharjah's real estate market and underscores the emirate's appeal as a global investment destination. Read this also : Surge in Indian Luxury Home Sales Indicates Shifting Market Trends Among the recorded transactions,...

A recent report from property consultant Anarock Group has unveiled a significant trend in India's real estate landscape: the exponential growth of luxury home sales over the past five years. Luxury homes, classified as properties priced above 15 million rupees ($179,650), have seen a remarkable surge, accounting for 21% of all residential units sold in the top seven Indian cities during the first...

The residential market in the UAE has kicked off 2024 with notable vigor, signaling robust activity and absorption rates that are anticipated to sustain price appreciation in both Abu Dhabi and Dubai throughout the year. This insight comes from CBRE Middle East, a leading authority in commercial real estate services and investments. Read this also : Here’s a Sneak Peek at Dubai’s New Airport:...

Al Maktoum International Airport (DWC) is set to be a revolutionary "city within a city" upon its completion. Featuring a sophisticated transportation system, mini-forests, green zones, and an entertainment hub, DWC promises a comprehensive range of amenities including food, beverage, and retail outlets. Vision and Design Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE,...

Emaar Properties PJSC (DFM: EMAAR) has released its Q1-2024 financial results, showcasing robust performance and operational efficiency across its various business segments. Financial Highlights Emaar reported revenues of AED 6.7 billion (US$ 1.8 billion) and a net profit before tax of AED 4.3 billion (US$ 1.2 billion), marking a 16% increase from the same period last year. This growth was driven by a...

Union Properties has reported impressive quarterly revenue and profit gains, highlighting significant progress in its ongoing turnaround plan. The Dubai developer also received favorable resolutions on several long-standing issues, strengthening its path to recovery. Quarterly Financial Highlights In Q1-2024, Union Properties generated Dh138.1 million in revenue from customer contracts, a...

The UAE has unveiled a groundbreaking long-term residency program for environmentalists known as the Blue Residency. This 10-year visa is designed to honor individuals who have made exceptional contributions to environmental protection and sustainability initiatives both within and beyond the UAE. Eligibility for Blue Residency Visa The Blue Residency visa will be granted to individuals who demonstrate...