Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved plans for a comprehensive $8.2 billion (AED30 billion) rainwater drainage network. This ambitious project, named 'Tasreef,' aims to significantly increase Dubai’s rainwater drainage capacity by 700%, thereby bolstering the emirate’s preparedness for future climate...
Surging demand, that is set to outshine supply, government incentives and a cutting-edge infrastructure give the emirate enough heft to beat economic headwinds Dubai’s real estate market continues to outperform global hotspots like New York, London and Hong Kong, with no signs of a slowdown in sight, with experts saying property prices – and rents – in the emirate will continue to climb in 2025,...
Majid Al Futtaim announces Ghaf Woods real estate development in Dubai, which will include more trees than residents. You’ll soon be able to live in the forest (without leaving Dubai) Ghaf Woods: A Pioneering Development Integrating Nature and Urban Living Majid Al Futtaim Properties unveils Ghaf Woods, a groundbreaking development poised to become Dubai's first-ever forest-living community. This...
In 2023, the mall became the most visited place on EarthThe largest mall in Dubai is about to get bigger. Emaar Properties on Monday announced a massive Dh1.5 billion expansion of Dubai Mall, which will include 240 new luxury stores and food and beverage outlets. The contractor is already mobilising on-site for this large-scale project. The largest mall in Dubai is about to get bigger. Emaar Properties...
Palm Jebel Ali Infrastructure Development CommencesNakheel, a leading Dubai property developer under Dubai Holding, has awarded contracts for the construction of critical infrastructure at Palm Jebel Ali. Enhanced Accessibility: DBB Contracting, a prominent UAE civil and marine contractor, will construct a new public access road. Stretching nearly six kilometers, this landscaped route will provide a...
Construction work on the project has already started and is scheduled to complete at the end of 2026 Major Developers Announces Dh1 Billion "Manta Bay" Project in Ras Al-Khaimah UAE-based Major Developers unveiled their Dh1 billion project, Manta Bay, on Al Marjan Island in Ras Al-Khaimah. This innovative development boasts the world's first rooftop beach, featuring real sand and seawater....
Six Senses Residences Dubai Marina prioritizes the well-being of its residents by seamlessly integrating wellness design principles and amenities throughout the development. This focus fosters a holistic lifestyle experience that emphasizes sustainability, well-being, and overall happiness. The project offers a range of residences, including 251 two- to four-bedroom units, expansive half-floor...
120 projects launched in first quarter of 2024 in Dubai, housing 34,000 units Dubai's real estate market has seen a surge in activity in the first quarter of 2024, with both local and international developers launching new projects at a rapid pace. According to Cavendish Maxwell's Property Monitor, preliminary data indicates nearly 30 new off-plan projects were introduced in March alone, adding a...
A meeting of the Dubai Executive Council, chaired by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, resulted in the approval of several key projects aligned with the Dubai Economic Agenda D33 (D33). The emphasis on forward-thinking planning, a cornerstone of Dubai's leadership's strategy, was reiterated by Sheikh Hamdan. This approach, he explained, has been...
