The Dubai real estate sector experienced significant activity last week, recording a total of AED22.94 billion ($6.25 billion) in transactions, according to data from the Land Department. This figure highlights the ongoing strength of the market, driven primarily by robust sales transactions. Out of the total transactions, sales transactions accounted for AED18.39 billion ($5 billion)....
Dubai has announced its ambitious plan to transition into a cashless city, where all payments across both government and private sectors will be made digitally. This significant initiative was revealed during a meeting of The Executive Council of Dubai, chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, on Tuesday, October 1. A key...
Sharjah’s real estate sector demonstrated strong performance in April 2025, with a total of 7 206 transactions amounting to AED 4 billion. This significant growth reflects the market’s expansion and the increasing interest from a diverse range of investors. The transformation in the sector is attributed to several integrated factors, including flexible government policies and...
Dubai’s real estate market has demonstrated significant growth in 2025, achieving total sales of AED142.7 billion ($38.85 billion) in the first quarter. This marks a remarkable 30.3 percent year-on-year increase and positions the quarter as the second-highest sales figure recorded, just shy of the all-time high of AED147.2 billion set in Q4 of 2024. In...
The Dubai Electricity and Water Authority (DEWA) has made remarkable progress in its digital transformation efforts, reporting that its customers conducted 14 million digital transactions in 2024. This achievement highlights DEWA’s commitment to providing integrated, secure, and seamless digital services to its users. In its ongoing strategy to enhance customer experience, DEWA has implemented various...
Small businesses across the UAE are increasingly adopting digital payment apps to cater to customers who don’t carry cash, moving away from traditional cash transactions. These apps have emerged as a practical alternative to costly point-of-sale (POS) machines, which require significant investment, recurring fees, and business qualifications that many small vendors cannot meet. Entrepreneurs like...