Surge in British Investment Fueled by a significant influx of British real estate investors, Dubai's property market continues its upward trajectory. This trend coincides with the first quarter of 2024, a period marked by record-breaking transaction volumes. Shifting Preferences Experts note a noticeable shift in British investor behavior. Luxury villas, previously favored for their exclusivity...
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....
Dubai Announces Landmark Expansion of Al Maktoum International Airport Dubai has unveiled a groundbreaking project to solidify its position as a global aviation leader. The ambitious plan involves constructing a new passenger terminal at Al Maktoum International Airport, with a staggering investment of Dh128 billion. Key Highlights: Largest Airport in the World: Upon completion, the new terminal...
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...
UAE Cabinet Takes Action on Recent Severe Weather and Reviews Tourism Strategy The UAE Cabinet convened on Wednesday under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum. The meeting addressed key issues including: Support for Citizens Affected by Weather: A significant AED 2 billion package was approved to address damage to citizens' homes caused by recent severe weather...
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...
EMAAR announces plan to repair Dubai rain damage to homes in its communities EMAAR Properties have announced that it will cover all costs for repairs of homes within its communities in Dubai that were affected by the recent severe weather conditions. The developer said that its dedicated teams are already assessing and repairing damages, working in close coordination with local authorities to...
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...
Dubai’s population continued to increase in the first quarter of 2024 as more and more foreign workers and investors flocked to the emirate. The emirate’s population grew faster in the first quarter of 2024 as compared to the same period last year. The Dubai Statistics Centre’s data showed the population of the region’s trade, finance and tourism hub grew by 25,776 during the January-March 2024...
