Dubai's real estate market recorded 87,800 transactions worth AED291.7 billion ($79.4 billion) during the first half of 2026, with off-plan properties accounting for 71% of all transactions, a report said.
With an Instagrammability score of 100, Dubai tops the ranking of the most photographed cities in the world. It has been tagged 147 million times on Instagram and more than 43 million times on TikTok, says a report.
Union Properties has announced another strong set of financial results for the second quarter and first half of 2026, marking an important milestone in the company's transformation from financial restructuring to sustainable growth.
Dubai Electricity and Water Authority (Dewa) has invested over AED10 billion ($2.72 billion) in power transmission network projects across the emirate, said its top official. The utility commissioned eight 132kV substations in H1 with a combined conversion capacity of 1,200MVA.
Dubai's commercial property market recorded its strongest H1 performance in 2026, with sales up 183% over last year. The commercial property sales, including offices and retail units, surged to AED19.5 billion ($5.3 billion) through 3,415 deals in the first six months, said a top brokerage.
Dubai has launched “A Dubai Invite”, a resident rewards programme offering hotel, attraction, dining and transport discounts to those who invite family and friends to visit the emirate, as part of efforts to boost tourism through community ambassadors.
UAE-based Azizi Developments has officially begun the handover of residential units at its premium project, Azizi Central, located within the Al Furjan community in Dubai. A 12-storey project, it comprises 97 modern apartments with a mix of one-, two- and three-bedroom units.
UAE-based Shamal Holding has appointed ALEC Fitout, a leading fit-out specialist in the region, as main contractor for the first major phase of transformation of Jumeirah Zabeel Saray, one of Dubai's most iconic hotels located on Palm Jumeirah. The full completion of this phase is expected by early 2027.
UAE-based MOMA International has been appointed as the interior design consultant for office space within AHS Tower in Dubai. Set for completion this year, the 38,427 sq ft property is being designed as a luxury workspace inspired by elements from high-end hotels and residential interiors.
Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has awarded a contract for the construction of a new district cooling plant in the Al Sufouh 2 area in Dubai with a cooling capacity of 23,400 refrigeration tons (RT).
