Dubai is set to undergo significant transformations by 2040, with ambitious plans that will reshape the city’s infrastructure and urban landscape. The Supreme Committee for Urban Planning has outlined these goals, which include a projected population growth to 7.8 million, surpassing Sydney, Australia, in the process. A major highlight of the plans is the expansion...
Nakheel, a subsidiary of Dubai Holding Real Estate, has recently announced the awarding of three significant contracts for infrastructure works on Palm Jebel Ali. The total value of these contracts exceeds AED750 million, highlighting Nakheel’s commitment to the ongoing development of this ambitious project. The awarded contracts encompass essential infrastructure upgrades aimed at enhancing the...
Dubai’s property market reached an unprecedented milestone in April, with transaction values soaring to Dh62.1 billion. This figure represents a remarkable 94% increase compared to the same month last year, reflecting a surge in sales, particularly driven by higher-value transactions involving villas at Palm Jebel Ali and homes sold by Emaar at The Oasis. Demand...
The Dubai property market continues to thrive, and Palm Jebel Ali is now being recognized as one of the most exciting real estate opportunities globally. This development is appealing to investors seeking prime waterfront properties at early-stage prices. A recent report from fäm Properties indicates that Palm Jebel Ali, which has been revitalized in the...