Dubai

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

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

Jamal Living announces new Al Barsha residential launch

Wed, 06 May 2026

Jamal Living has announced plans for a new residential development in Al Barsha, marking its latest step in a growth strategy defined by on-time delivery and a focus on build quality.

Construction & Real Estate

Palmridge picks JLL to deliver PMC services for key Jumeirah project

Wed, 06 May 2026

UAE developer Palmridge has signed up real estate expert JLL to deliver project and cost management services on its new residential project - Villea West - in Jumeirah Garden City, Dubai. Set for 2027 completion, the project comprises 229 furnished apartments with a mix of studios and one-bedroom units.

Construction & Real Estate

Dubai residential property sales hit 57,300 in four months of 2026

Wed, 06 May 2026

Dubai's residential real estate market recorded more than 57,300 sales between January and April 2026, with transactions in the off-plan sector rising 3.3% year-on-year, says leading real estate advisory and property consultancy Cavendish Maxwell.

Travel, Tourism & Hospitality

Valor Hospitality introduces family-focused culture initiative in Dubai

Tue, 05 May 2026

Dubai Gold District and the Dubai Deira Cluster of Hotels, managed by Valor Hospitality Partners, have launched the “Department of Family Golden Moments,” an internal initiative focused on emotional hospitality, human connection, and creating memorable guest experiences.

Construction & Real Estate

Drake & Scull, Prestige One kick off work at Majan development

Mon, 04 May 2026

Drake & Scull International, in a strategic partnership with luxury developer Prestige One Developments, has officially started work on the Majan Project. Located in one of Dubai's fastest-growing districts, the Majan Project is set for completion in the first quarter of 2028.

Construction & Real Estate

Majid Al Futtaim awards main contract for Distrikt Ghaf Woods

Mon, 04 May 2026

Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has awarded the main construction contract worth over AED700 million ($191 million) for its prime residential community in Dubai - Distrikt Ghaf Woods - to Al Sahel Contracting, a part of the Al Nabooda Group.

Finance & Capital Market

Sarwa becomes first UAE fintech to top $1bn in client assets

Mon, 04 May 2026

Sarwa, one of the GCC’s leading investment and personal finance platforms, has announced that it has crossed $1 billion in client assets, becoming the first UAE-founded FinTech platform to reach this milestone. Founded in the DIFC, Sarwa was an early mover shaping the region’s FinTech sector.