In the year 2023, the Dubai luxury real estate market witnessed a groundbreaking surge, shattering records across various fronts. The Como Residences on Palm Jumeirah, for instance, set a remarkable record with its penthouse achieving an astonishing Dh24,000 per square foot, selling for an impressive Dh500 million. Ultra-premium apartment sales further highlighted the pinnacle of the luxury market, with...

The Beijing-based China State Construction Engineering Corporation has been given the estimated AED4.4 billion ($1.2 billion) contract by local developer Wasl to construct the Dubai project The Island. Properties for Sale in Dubai : Click Here An important milestone for Dubai is the contract award. As per the regional projects tracker MEED Projects, this is the biggest construction deal in the...