Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE, and Ruler of Dubai, has officially approved a comprehensive master plan for Expo City Dubai. The newly approved plan aims to accommodate approximately 75,000 people, including both residents and professionals, through the development of residential and business facilities. Vision for Future Growth The blueprint for...
Dubai announced a comprehensive master plan on Tuesday, outlining its vision for preserving the city's cultural heritage while advancing key sectors such as transportation, real estate, and education over the next decade. Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defense, introduced the ambitious strategy. The Executive Council of Dubai, under Sheikh...
Dubai is set to surpass its own skyline with the construction of Burj Azizi, a skyscraper that will rise 1,000 feet taller than the Empire State Building. This architectural marvel will become the world’s second-tallest structure and feature a seven-star hotel, complete with the world’s highest lobby, a vertical retail space, a luxury ballroom, a beach club, a nightclub, and an observation...
Binghatti, a renowned Dubai-based property developer, has introduced its latest project in Al Jaddaf, named Binghatti Ghost. This marks the company’s return to the area following a two-year break, driven by overwhelming market demand. Features and Investment Opportunities The Binghatti Ghost project will consist of 770 residential units, catering to the rising demand for high-quality living...
The developer of the Palm Jebel Ali project announced on Monday that the first eight fronds are expected to be site-ready by the first quarter of 2025. Once these sections are prepared, civil works and the installation of villa infrastructure can commence. Nakheel, the project developer, has awarded a contract valued at Dh810 million for marine works on Palm Jebel Ali. The company will be involved in...
A significant new development project, valued at AED 7 billion, has been unveiled in Dubai's Al Wasl District, focusing on the construction of luxury villas and mansions. At the forefront of this transformation is the AED 1 billion Nordic by fäm development, comprising 17 villas and mansions strategically located near Dubai’s Central Business District (CBD) and prominent lifestyle landmarks. This...
Branded residences have emerged as a hallmark of Dubai's Luxury real estate landscape. Since the debut of Armani Residences in Burj Khalifa in 2010, the city has solidified its position as a global leader in this sector. According to Global Branded Residences (GBR), the market has surged by 122% in the past five years, propelling Dubai to the forefront of branded residential development. Branded...
Dubai Real Estate market is projected to add 25,000 new homes by the end of the year, as detailed in the Q2 2024 real estate report. Dubai’s strong economy and attractive lifestyle continue to draw expatriates. The sector's solid fundamentals are driven by high equity in the market, sustained economic growth, infrastructure development, and a growing population. Dubai Real Estate Q2 2024...
Abu Dhabi's leading property developer, Aldar, has announced plans to develop a new office tower on Sheikh Zayed Road, located near the Dubai International Financial Centre. This Dh1.8 billion Dubai Real Estate project will include a luxury boutique hotel and branded residences, offering a total net leasable area of 88,000 square feet. The development is scheduled for completion by the fourth quarter of...
