Dubai developer Esnaad has announced the handover of its residential project in Mohammed Bin Rashid City, marking a key milestone in its journey in the emirate’s real estate market. The project comprises a ground floor, five residential floors, and a rooftop, offering a total of 50 one- and two-bedroom apartments.
Dubai Investments reported profit before tax of AED185.06 million ($50.54 million) for the three-month period ended March 31, 2026, compared to AED184.89 million ($50.34 million) during the same period last year.
Dubai Holding and the Investment Corporation of Dubai (ICD) have announced that Dubai Holding has acquired a 22.27 per cent equity stake in Emaar Properties from ICD, increasing its total shareholding to 29.73 per cent and making it the company’s largest shareholder.
RAK Ceramics, one of the world’s leading ceramics brands, delivered a resilient first-quarter performance in 2026, supported by robust demand across the UAE and Bangladesh.
Sohar Titanium project in Oman has reached 90 per cent completion, marking its transition into the final development phase, said DUBAL Holding, the Dubai Government’s investment arm in commodities and industrial sectors.
Esnaad Real Estate Development, a Dubai-based real estate development company, has announced the handover of The Spark by Esnaad, its residential project in Mohammed Bin Rashid City, marking a key milestone in the company’s journey in Dubai’s real estate market.
Binghatti Holding Limited, a leading developer, has reported a net profit of AED1.43 billion ($389.38 million) for Q1 2026, representing a 73 percent year-on-year increase, while revenue rose 52 percent to AED4.39 billion ($1.195 billion).
Emaar Properties delivered a strong start to the year 2026, supported by sustained demand across its core segments. In Q1 2026, Emaar’s revenue increased by 23 percent, while EBITDA grew faster at 34 percent, reflecting operating leverage, portfolio quality, and sustained cost discipline.
Abu Dhabi Investment Office (ADIO) and Abu Dhabi Projects and Infrastructure Centre (ADPIC) have launched a new pipeline of public-private partnership (PPP) projects with a total value of AED55 billion ($14.98 billion), as part of the emirate’s wider PPP programme.
UAE developer Danube Group has launch of its first large-scale integrated master villa community - Greenz by Danube - in Dubai. Set for 2029 handover, it will feature three- and four-bedroom townhouses, along with five-bedroom semi-detached and twin villas - all with private lifts and sky gardens.
