Naresco Contracting LLC has been given a building contract for over AED 450 million by Meraas, a member of Dubai Holding Real Estate, for the primary construction of the upscale residential complex Central Park Plaza. The most recent extension of City Walk, a well-known lifestyle destination in Dubai, is expected to be completed in Q3 […]

In Sharjah, a brand-new freehold project dubbed “Khalid Bin Sultan City” has opened. Residences start at about Dh1 million. The project, which bears the name of the late Sheikh Khalid bin Sultan Al Qasimi, will be constructed by Beeah, a business that has distinguished itself thus far with its eco-friendly energy initiatives and its opulent […]

After four years of increasing capital values and transaction volumes, Dubai’s luxury real estate industry is still expanding steadily. Strong investor appetite, advantageous regulatory frameworks, and rising demand for luxury properties in Dubai’s real estate market are the main drivers of the upward trend. According to Savills Middle East’s first Dubai Prime Residential 2025 study, […]

According to the most recent UBS “Global Wealth Report 2025,” 13,000 more people became dollar millionaire residents in 2024, a 5.8% increase from the previous year. As has been the case for the past four years, a significant portion of these recently established millionaire bases in the UAE resulted from relocations.   “This year there has […]

A piece of land in the Palm Jumeirah has sold for Dh365 million ($100 million), the highest price ever recorded at the Dubai iconic site in 2025. Dubai Sotheby’s International Realty, which mediated the transaction, described the 90,036 square foot sale as a “truly rare find on Palm Jumeirah, where most land has already been […]