Infrastructure Development

The Surge of HNWI Expected to Propel Dubai’s Ultra-Luxury Real Estate to New Heights

The Surge of HNWI Expected to Propel Dubai’s Ultra-Luxury Real Estate to New Heights

Dubai's real estate market is on an extraordinary upswing, driven by a substantial increase in capital inflows during the first quarter. It is projected that by 2025, high-net-worth individuals (HNWI) will contribute to a 24.6% increase in Dubai's real estate market, propelling the ultra-luxury segment to unprecedented levels. In the first quarter, the residential real estate market in Dubai reached...

DAMAC Properties Secures Contracts Worth $81.74 Million for DAMAC Hills 2 Developments

DAMAC Properties Secures Contracts Worth $81.74 Million for DAMAC Hills 2 Developments

In a recent press release, real estate giant DAMAC Properties announced winning contracts totaling $81.74 million for its DAMAC Hills 2 project. The main works package, valued at AED 300 million, includes significant contributions from key partners. Visit the Properties for Sale with NBS Real Estate : For Sale - Click here Key Highlights: China Tiesiju Civil Engineering Group: Awarded the first...

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