The competitive edge in Dubai’s luxury real estate market has now shifted towards quality of life, said a leading industry expert. Liveability is now the key as luxury properties that genuinely elevate wellbeing are the star attraction for UHNW residents.
Kobe Tourism Bureau (KTB), supported by the Japan National Tourism Organization (JNTO) Dubai Office, hosted a luncheon for leading media and content creators at TOMO Dubai to showcase Kobe’s distinctive tourism appeal.
Parkin Company, a leading provider of paid public parking facilities and services, has signed a five-year agreement with Damac Properties to optimise the use of 3,600 parking spaces across Damac’s portfolio of premium developments in Dubai and Abu Dhabi.
UAE developer Binghatti has achieved a major milestone with the sale of the region's most expensive penthouse valued at AED550 million ($150 million), at its iconic development Bugatti Residences by Binghatti located in Business Bay.
TownX, one of Dubai’s fastest-growing real estate developers, has announced a significant milestone in the construction of its flagship development Ashley Hills located in the heart of Arjan community with over 40% project work already completed.
DP World has announced the launch of a new 36-hour maritime service between Dubai’s Mina Rashid and Iraq’s Umm Qasr Port, providing a faster alternative to overland trucking and accommodating up to 145 accompanied trailers per sailing.
Dubai-based Legend Holding has entered into an agreement with Jebel Ali Free Zone (Jafza) to set up its regional headquarters and logistics complex on a 1 million sq ft area. Construction will be delivered in two phases, starting with space for 5,000 vehicles in April.
Global real estate expert JLL said it has successfully advised on the sale of a strategically-located serviced apartment tower in Dubai, leveraging its extensive global investor network to connect international capital with regional opportunities.
Dubai has launched a citywide, one-time contactless hotel check-in system that lets guests complete all check-in steps on their phones before arriving, bypassing front-desk procedures entirely.
Accor has announced the appointment of Ugur Talayhan as the new General Manager of Fairmont The Palm.