Dubai's skyline is set to welcome another iconic addition with the commencement of construction on the $3 billion Al Habtoor Tower, poised to become the emirate's next globally renowned landmark. Located off the Sheikh Zayed Road, Al Habtoor Tower is slated to soar to a height of 345 meters upon its completion, boasting 81 floors and over 1,700 units. Scheduled for delivery by...

Dubai-based urban planning and development firm, URB, has proposed a revolutionary project poised to set new standards for coastal regeneration in the city. The ambitious Dubai Mangroves project aims to plant over 100 million mangrove trees across a 72-kilometer stretch of coastline, blending ecological preservation with urban development. This initiative supports Dubai's environmental goals and aligns...

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...

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...

The construction of the mixed-use Infinity Tower, soaring 160 meters high, has surpassed the 70% completion mark, according to Infinity Towers for Urban Development. This remarkable progress exceeds the timeline set by the Administrative Capital for Urban Development and coincides with the commencement of President Abdel Fattah Al-Sisi’s second term and the inauguration of the first phase of the New...

The Ajman Department of Economic Development has taken a significant step towards revitalizing the emirate's real estate sector by enlisting the expertise of JLL consultancy. With a formidable track record in the UAE, JLL will spearhead the development of a comprehensive strategy aimed at propelling Ajman's real estate market into a new era of competitiveness and growth. Read More : The UAE Ranks as the...

Dubai, known for its iconic skyline, luxurious lifestyle, and dynamic economy, has long been a magnet for real estate investors worldwide. But is the real estate market truly booming in Dubai? Let's delve into the current state of affairs. Click Here to Read More : Dubai Prime Property Sector Set for Robust Price Surge in 2024 1. Surging Demand: Dubai's real estate market is experiencing a surge in...

Market analysts at Mordor Intelligence forecast a promising trajectory for Qatar's residential real estate market, estimating its value to reach $4.28 billion by 2024, with a projected compound annual growth rate (CAGR) of 6.24% over the subsequent five years. The industry encountered setbacks amid the global pandemic, leading to delays and cancellations of residential projects. However, Qatar's robust...

In a surprising move contradicting remote work expectations, Dubai is set to witness the construction of 44,000 square meters of high-quality office space in free zones during 2024, responding to the city's surging demand. Read this also : In 10 Years, Sharjah Millionaires Projected to Surge by 120%; Dubai Ranks Third in BRICS Bloc Wealth Commercial real estate company CRC's report reveals plans for...