Dubai

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.

Travel, Tourism & Hospitality

Dubai hotel demand to recover 20pc–30pc this summer: RateGain

Mon, 04 May 2026

RateGain, an AI travel SaaS provider, reports Dubai hotel demand is recovering after a sharp March–May decline. Levels have risen from 7%–14% and are expected to stabilise, reaching 20%–30% of pre-disruption demand by summer.

Construction & Real Estate

Dubai real estate deals in April surge to $18.7bn

Sat, 30 May 2026

Dubai’s real estate market recorded a sharp month-on-month recovery in April, with total registered transaction value rising 20% to AED68.6 billion ($18.7 billion), said a report. The rebound marks the first decisive recovery following a temporary slowdown in February linked to the regional geopolitical uncertainty.

Construction & Real Estate

Dubai real estate transactions rise 20% in April to $18.68bn

Fri, 29 May 2026

Dubai’s real estate market recorded a sharp month-on-month recovery in April 2026, with total registered transaction value rising 20% to AED68.6 billion ($16.68 billion), according to a new analytical report published by Elite Merit Real Estate.