North 51 Consulting has secured the lead project and cost management consultancy contract for an ultra-luxury residential villa within the Al Barari community in Dubai. Set on a 33,956 sq. ft. plot, the villa features five bedrooms with key facilities including a private cinema, gym and sauna facilities.
Leading Korean group Ssangyong Engineering & Construction (Ssangyong E&C) has won a $250 million contract from Dubai's state-owned real estate developer Wasl to build two high-rise residential developments in the Downtown Dubai area, said a report.
Dubai’s Roads and Transport Authority (RTA) has opened a second-level bridge as part of the World Trade Centre Roundabout Development. The one-km-long structure comprises two lanes with a design capacity of 3,000 vehicles per hour linking Sheikh Zayed Road and Sheikh Khalifa bin Zayed Street.
Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, and Galadari Brothers’ Heavy Equipment Division have signed a 50-year land lease agreement for the establishment of a state-of-the-art facility in KEZAD A (KEZAD Al Ma’mourah).
Parkin Company, a leading provider of paid public parking facilities in Dubai, has reported a 47% jump in its fourth-quarter revenue for 2025, while its net profit surged by 53% on the back of portfolio expansion, higher seasonal card sales and the introduction of variable tariffs.
Etihad Rail has now revealed new details on what passengers can expect when the UAE’s national passenger rail network starts services later this year.
Dubai’s real estate market is transitioning from the sharp acceleration of recent years into a more mature and sustainability-led growth phase, said an industry expert. While activity levels remain robust, the latest figures point to quality-driven demand across buyer segments.
The world’s high-net-worth individual (HNWI) population of nearly 23 million individuals who collectively hold close to $87 trillion in wealth are reshaping global investment priorities, says a DIFC report which highlighted that the UAE attracted 9,800 new millionaires in 2025.
Registered tenancy contracts in Dubai recorded a 6% increase in volume and a 17% increase in value in 2025, compared to 2024, reaching 1.38 million contracts with a total value of AED126.4 billion ($34.42 billion).
Dubai witnessed notable progress in the pace of real estate project completion in 2025, with the number of completed projects rising to 124, marking a 7% increase and a total value of AED27.5 billion ($7.49 billion), reflecting a 23% increase.
