Dubai's off-plan market is entering a more selective phase, with buyers placing greater emphasis on pricing, delivery confidence, and long-term value rather than short-term momentum, says Harry Martin, Director of Off-Plan & Capital Markets at betterhomes, a leading real estate agency.
Union Properties shareholders have approved the distribution of a cash dividend of AED3 fils per share, marking the company’s first dividend payout in 11 years.
Abu Dhabi’s real estate sector witnessed solid growth in the first quarter with its total transaction value surging to hit AED66 billion ($18 billion) representing a 160.7% increase across 13,518 deals compared to AED25.31 billion ($6.8 billion) from 6,896 transactions in the same period of 2025, said a report.
Kingdom Holding Company has announced that its key subsidiaries have signed an agreement with Sumou Real Estate Company to manage infrastructure development and sale of 3.07 million sq m land plots in Riyadh. The project is estimated to generate approximately SAR4 billion ($1.08 billion) in total sales.
The UAE authorities have announced the details of the AED6 billion ($1.63 billion) Fourth Federal Corridor project, one of the country’s flagship road projects, which will see the construction of a 68-km road, featuring 10 major intersections, 6 to 8 lanes in each direction, and 4 flyovers.
The UAE real estate services market is projected to grow from AED74.53 billion in 2026 to AED97.60 billion ($26.41 billion) by 2031, expanding at a compound annual growth rate (CAGR) of 5.54%, according to a new study.
Dubai's residential real estate market recorded 44,100 transactions in Q1 2026, says leading real estate advisory and property consultancy, Cavendish Maxwell.
Grovy Developers, a key real estate developer in Dubai, has confirmed steady progress on its residential project, Rivo by Grovy, in Dubai Land Residential Complex. With the enabling works in their final phase and piling and shoring works now nearing completion, it is on track for Q4 2027 handover.
Saudi Arabia’s Northern International Highway continues to serve as one of the Kingdom’s most strategically important transport corridors, reinforcing regional trade links and cross-border mobility across the Middle East and beyond.
Group Five Pipe Saudi Company has announced that it has secured a contract from Esnad Al Turuq Contracting Company for the manufacture and supply of its carbon steel HSAW water transmission system pipes for a project at Ras Al Khair in Riyadh.
