Binghatti Holding, one of the UAE’s fastest-growing real estate developers, has successfully priced a long five-year $500 million benchmark sukuk under its $1.5 billion Trust Certificate Issuance Programme, in a transaction that was 4.4 times oversubscribed.
Strategic partnerships, global marketing campaigns and major events contributed to Dubai welcoming 19.59 million international overnight visitors in 2025, marking a 5% increase compared to 18.72 million arrivals in 2024, according to data published by the Dubai Department of Economy and Tourism (DET), and a third successive year of record-setting figures.
Dubai’s residential property market entered 2026 with rising transaction volumes and renewed buyer activity. The trend was underpinned by sustained demand for mid-market homes and continued investor participation, according to January data from betterhomes.
Dubai has launched a new environmental and recreational destination - Al Layan Oasis - that aims to showcase the beauty of the desert environment while promoting sustainability and quality of life. Spanning one million sq m, the project boasts a lake along with 14 km of walking and cycling tracks.
Dubai will launch the Al Layan Oasis development project, a new environmental and recreational destination in the emirate, following its approval by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.
Dubai has approved a masterplan to redevelop Umm Suqeim Beach into a landmark destination reflecting the emirate’s cultural identity. The scope of work includes the construction of six main gateways, 10 mobility hubs and 11 taxi pickup and drop-off points as well as a 38m observation tower.
Pixel Artworks has appointed Marta Marinho as the new creative director for Middle East based in Dubai. In this role, she will lead multidisciplinary creative teams in developing narrative-driven, tech-enabled environments for brands and cultural institutions.
Naumi Hotel Dubai, the Singapore-based group’s first Middle East property, is now Autism-Friendly Certified in partnership with the Dubai Autism Centre.
The Myriad, a top-tier student living brand, is looking at developing a series of student communities across Saudi Arabia as part of its regional expansion strategy. It is represented in KSA by the Dedicated Housing Company, a SAR2 billion ($533 million) fund JV.
Dubai master developer Nakheel has awarded a key contract to Shapoorji Pallonji Mideast for the construction of 38 Crown Garden Villas, an exclusive collection of grand residences on Palm Jumeirah presented in five- and six-bedroom layouts.
