Dubai

Construction & Real Estate

Dubai residential sector records $60bn sales in H1; June signals sharp recovery

Mon, 06 Jul 2026

Sales values in Dubai’s residential real estate sector approached AED221.3 billion ($60.26 billion) across almost 79,200 transactions in H1 2026, according to new insight from leading real estate advisory and property consultancy, Cavendish Maxwell.

Miscellaneous

Fire breaks out at restaurant on Dubai's Sheikh Zayed Road

Mon, 06 Jul 2026

A fire broke out at a restaurant on Dubai's Sheikh Zayed Road on Monday and was brought under control after more than three hours with no injuries reported, said media reports, citing Dubai Civil Defence officials. Cooling operations are currently under way to extinguish remaining hot spots.

Analysis, Interviews, Opinions Construction & Real Estate

Numbers that tell why Dubai remains one of World’s strongest real estate markets

Thu, 30 Jul 2026

Dubai’s real estate market continued to consolidate its position among the strongest property markets worldwide in 2026, supported by a comprehensive range of economic and investment indicators reflecting strong demand, high liquidity, sustained capital inflows and an increasingly advanced regulatory and digital ecosystem, according to W Capital Real Estate Brokerage.

Finance & Capital Market

Mashreq Bank reports pre-tax profit of $1.31bn for H1

Thu, 30 Jul 2026

Mashreq Bank has announced record profit before tax of AED4.8 billion ($1.31 billion) for the first half of 2026, up 18% year-on-year, on operating income of AED6.8 billion ($1.85 billion).

Miscellaneous

Dubai's population tops 4.58m by 2025-end, records 7.5% growth

Thu, 30 Jul 2026

The Emirate of Dubai's population reached 4.580 million by the end of 2025, an increase of approximately 332,000 people compared to the end of 2024, representing a growth of 7.5%, it has been revealed.

Construction & Real Estate

Dubai adds 24,800 residential units in H1, new launches down

Thu, 30 Jul 2026

Dubai added 24,800 new units to its residential real estate inventory in H1 2026, a rise of nearly 38% compared to the same period last year and 12% more than in H2 2025, according to leading real estate advisory and property consultancy, Cavendish Maxwell.

Construction & Real Estate

Arista Properties breaks ground on HQ commercial development

Fri, 03 Jul 2026

Arista Properties has officially broken ground on HQ, its flagship commercial development in Al Furjan in Dubai, marking a significant milestone for the project that is scheduled for handover in Q4 2027.

Finance & Capital Market

Dubai launches 2026 economic survey as GDP nears AED1 trillion

Wed, 29 Jul 2026

Dubai's economy continued its strong growth trajectory in 2025, with gross domestic product (GDP) at current market prices rising to an estimated AED972 billion ($264.67 billion) from AED890 billion in 2024, according to preliminary estimates released as the Dubai Data and Statistics Establishment (DDSE) launched the Dubai Economic Survey 2026.

Construction & Real Estate

RTA announces new lanes, upgrade of Ras Al Khor entry, exit points

Wed, 29 Jul 2026

Dubai’s Roads and Transport Authority (RTA) has implemented a package of rapid traffic solutions on Ras Al Khor Road and Al Khail Road, including the addition of new lanes and the upgrade of entry and exit points on both roads. The improvements have boosted road efficiency by 20%.

Construction & Real Estate Retail & Wholesale

Shamal to open Nad Al Sheba Gardens lifestyle hub in August

Wed, 29 Jul 2026

Dubai-based investment firm Shamal Holding has announced the unveiling of "The Grand", a retail and lifestyle destination at its Nad Al Sheba Gardens development, with the project fully leased ahead of its phased opening from August 19.