Construction & Real Estate

Construction & Real Estate

Dubai property market 'shows signs of stabilisation'

Fri, 08 May 2026

Dubai’s property market is showing early signs of stabilisation approximately 67 days into the regional conflict, according to betterhomes’ latest monthly market webinar held on Thursday (May 7).

Construction & Real Estate

Dubai homeowners hold properties long-term, finds study

Fri, 08 May 2026

Dubai homeowners are now holding their properties for as long as Londoners and New Yorkers, according to a new study of more than 1.1 million transactions spanning the last 16 years.

Construction & Real Estate

Ritchie Bros. launches expanded spring auction calendar

Thu, 07 May 2026

Ritchie Bros., an RB Global company and a leader in asset management and equipment disposition across Europe and Middle East, is preparing for an expanded auction calendar with the arrival of spring, following a record-breaking first quarter.

Construction & Real Estate

Grovy Developers signs with Wyndham to bring Ramada Residences to Dubai Islands

Thu, 07 May 2026

Grovy Developers, an award-winning real estate developer in Dubai, has partnered with Wyndham Hotels & Resorts, one of the world’s largest hotel franchising companies, to launch Ramada Residences by Wyndham at Dubai Islands.

Construction & Real Estate

Cavendish Maxwell boosts hospitality advisory offering with TRI partnership

Thu, 07 May 2026

Dubai-based real estate advisory and property consultancy Cavendish Maxwell has entered into a strategic partnership with TRI Hospitality Consulting to further enhance its advisory offering across hospitality and leisure assets.

Construction & Real Estate

Foundation works advance at Azizi's premium development

Thu, 07 May 2026

UAE-based Azizi Developments is advancing construction at Burj Azizi with works progressing across both the raft foundation of the main tower and the automated car park building: two of the most engineering-intensive phases in the build of the 'world's second tallest tower.'

Construction & Real Estate

EuroBLECH 2026 puts spotlight on the future of advanced manufacturing

Thu, 07 May 2026

EuroBLECH 2026 is set to take a significant step forward in showcasing the future of sheet metal working with the launch of the Innovation Zone | Advanced Manufacturing. Designed as a high-visibility feature at the heart of the exhibition, the new zone will bring together the technologies and solutions redefining modern manufacturing.

Construction & Real Estate

Brookfield, Alshaya Group to develop mixed-use project in Dubai Hills

Thu, 07 May 2026

Brookfield, a leading global investment firm with more than $1 trillion in assets under management, has joined hands with Alshaya Group to develop a 480,000-sq-ft mixed-use asset in the heart of Dubai Hills. The development will feature Grade A office spaces, build-to-rent residential, and retail offerings.

Construction & Real Estate

Gulf Land closes $40.84m deal for 41 units at Tonino Lamborghini Residences Dubai

Thu, 07 May 2026

Gulf Land Property Developers has completed a bulk transaction valued at AED150 million ($40.84 million) for 41 units at Tonino Lamborghini Residences Dubai, underscoring continued investor confidence in Dubai’s real estate market despite softer sentiment across parts of the wider region.

Construction & Real Estate

Tawazun, Lockheed Martin to set up chiplet design, assembly plant in UAE

Thu, 07 May 2026

Leading UAE defence group Tawazun has joined hands with top global security and aerospace contractor Lockheed Martin to establish an advanced microelectronics assembly facility in the UAE. The project will be executed in partnership with EDGE and Khalifa University of Science and Technology.