DAMAC breaks records with AED 10 Billion property sale
DAMAC Properties, a leader in luxury real estate, has long been recognized for creating world-class developments that combine sophistication, lifestyle, and investment potential. On 24th December, DAMAC achieved an extraordinary milestone with DAMAC Islands 1, selling 3,164 units in just 24 hours and generating $2.7 billion (AED 10.2 billion). This achievement earned the company a […]
New York office opening drives surge in US investment to Dubai
Dubai is strengthening its economic ties with the US as investment, trade, and business activity from American companies reach new highs. This growing momentum was highlighted at the Dubai Business Forum – USA in New York, where leaders from both sides discussed rising investor interest, expanding trade routes, and Dubai Chambers’ wider global reach. US […]
Marjan and Omniyat launch ultra-luxury waterfront project
Ras Al Khaimah is rapidly emerging as a leading destination for luxury living and high-value investment, attracting both residents and global investors. In a significant step toward this vision, Marjan, the master developer of the emirate’s flagship destinations, has partnered with OMNIYAT to launch a new ultra-luxury development on Marjan Beach. OMNIYAT, known for creating […]
UAE completes its first digital Dirham payment
The UAE has reached a defining moment in its digital transformation journey, completing its first government financial transaction using the Digital Dirham. The milestone highlights the country’s steady progress toward a fully digital economy and builds on the success of its earlier cross-border pilot, where Dh50 million was transferred to China through the same platform. […]
Dubai Off-Plan property sales hit new record
Dubai’s property market has long been a hub for both local and international investors. In 2025, the market’s momentum has continued, particularly in the off-plan segment, which is showing unprecedented growth. According to a recent report, off-plan property sales in Dubai reached an all-time high in the third quarter of 2025, with 42,000 units sold […]
DAMAC completes structural phase of Cavalli-Branded tower
Renowned for pushing the boundaries of design and luxury, DAMAC Properties has reached a major milestone with the topping out of Cavalli Tower, its AED 1 billion ($272 million) ultra-luxury residential development in Dubai Marina. The tower is the world’s first to feature interiors by the iconic Italian fashion house Roberto Cavalli, blending fashion, art, […]
UAE announces $46.3bn transport plan
The UAE’s transport infrastructure is entering a new era. With rapid growth in population and economic activity, the government has launched what may be the most ambitious road and transport expansion plan in the country’s history. The AED170 billion ($46.3 billion) initiative aims to enhance connectivity, increase highway capacity, and establish a modern, sustainable transport […]
Dubai takes the lead in global elite rankings
Not all news makes headlines, but this one should. According to Savillis report Dubai has been named the world’s most attractive city for the wealthy, surpassing New York and over 30 other global cities to claim the top spot for high-net-worth individuals. The report highlights the city’s unique combination of benefits that appeal to the […]
Dubai aims to be the world’s most liveable city by 2033
For Dubai, ambition is part of its identity. The city has announced a new plan to become the world’s most liveable city by 2033. Approved by Sheikh Hamdan, the plan supports the vision of Sheikh Mohammed bin Rashid Al Maktoum and forms part of Dubai Plan 2033. The strategy focuses on improving quality of life […]
Dubai property market records AED 58.58 billion in October sales
Dubai’s real estate market continued to show strong momentum in October 2025, with total property transactions reaching AED 58.58 billion ($15.95 billion) across 19,756 deals, according to the latest data from the Dubai Land Department. The performance highlights sustained investor confidence and the city’s ongoing appeal as one of the world’s most attractive real estate […]
