Global Partners has announced the appointment of Dubai Contractors as the main contractor for the Eden House The Park project. This marks the second anticipated project under Global Partners’ first real estate fund, which is regulated by the Dubai Financial Services Authority. With preliminary work at the project site already completed, Dubai Contractors will now...
Ajmal Makan City – Sharjah Waterfront, a significant coastal development project valued at $6.8 billion (Dh25 billion), is set to transform Sharjah’s landscape with over 60 million square feet dedicated to mixed-use residential, commercial, and tourism facilities. This update was shared by Sultan Al Shakrah, the CEO of Ajmal Makan Real Estate Development, who emphasized...
Under One Roof, a new premier real estate agency, has officially launched in Dubai. The agency aims to transform the property investment landscape with its strategic and client-focused approach. Founded by industry veteran Sunnyy Kumar Tyagi, Under One Roof is strategically positioned to assist investors in building strong and diversified portfolios in the UAE’s dynamic...
Three plots of land in Downtown Dubai have been sold for a total profit of AED715 million, showcasing the substantial growth and investment opportunities within the city’s real estate sector. The transactions were completed within a span of five days last month, yielding individual profits of AED225 million, AED290 million, and AED200 million for the...
Property owners in Abu Dhabi will now face hefty fines for any fencing, enclosing, or covering of their properties that distorts the public appearance. This initiative follows new regulations introduced by the Department of Municipalities and Transport (DMT) that are designed to preserve the aesthetic integrity of public spaces throughout the emirate. According to Clause...
Dubailand is poised to become an attractive destination for homebuyers and investors, thanks to the forthcoming expansion of Dubai Metro’s Blue Line. This expansion will enhance accessibility to schools, colleges, and various leisure and lifestyle options, positioning Dubailand as a favorable choice for both end-users and tenants. Investors are particularly optimistic, believing that the area...
The Dubai Chamber of Commerce has announced a significant 33% growth in the number of construction companies registering as new members in 2024. This increase reflects the ongoing expansion and dynamism in Dubai’s construction sector, which continues to attract new players. The data indicates a thriving environment for construction firms in the region, emphasizing the...
Several property developers in Dubai have collectively pledged AED 560 million to support the construction and maintenance of mosques in important areas throughout the Emirate. This initiative is a significant contribution to the community, demonstrating the developers’ commitment to enhancing the cultural landscape of Dubai. On Saturday, representatives from prominent firms including Emaar Properties, Damac...
Sharjah’s real estate sector showed significant growth in February 2025, with total transactions valued at AED3.5 billion ($952.99 million). This reflects an increase in activity compared to February 2024, when transactions amounted to AED3.1 billion and involved 4 458 deals. The Sharjah Real Estate Registration Department reported that a total of 7 768 transactions were...
S&S Developments and Evolutions have officially launched Lume Residences, a new residential project located in Jumeirah Village Circle (JVC), Dubai. This development features a total of 178 residences within a structure that includes ground plus four podium levels and 14 floors above. Lume Residences follows the successful debut of Rise Residences, which sold out just...