Tag: Development

Dubai’s luxury real estate market continues to grow

Dubai’s prime real estate market hits record highs with $10M+ deals, driven by global investors and strong incentives, despite new tariff risks and supply chain pressures.

The UAE will see the first integrated resort Wynn Al Marjan Island

Wynn Al Marjan Island in Ras Al Khaimah will feature the UAE’s first licensed casino resort with 1,542 rooms, luxury villas, fine dining, retail space, and beachfront entertainment.

Merex Investment Plans to Start Redevelopment of Dubai’s Waterfront

Merex Investment plans to launch an ultra-luxury redevelopment at La Mer North, with 225 luxury homes set for completion by 2027, as Dubai’s retail and residential demand surges.

Dubai’s first residential resort launches in Al Jaddaf

KeyMavens unveils Montage, a luxury wellness-focused residential resort in Al Jaddaf, featuring high-end amenities and prime connectivity to Downtown Dubai.

Maksym Krippa and DIM Signed Made the Deal

Entrepreneur and investor Maksym Krippa has signed a partnership with DIM, a leading residential developer in Kyiv, to launch new large-scale real estate projects.

Dubai developers reap big profits from homebuyers

Dubai’s luxury property market surged in 2024, with developers like Emaar and Binghatti doubling profits as expat demand and foreign investment drive growth.

The world’s tallest penthouse in Burj Khalifa is on sale for $51 million

A record-breaking duplex in Burj Khalifa spanning 1,950 m² is on sale for $51M, offering panoramic views, a private pool, and unmatched luxury above Dubai.

Therme Group is building an ambitious new architectural project in Dubai

Therme Group plans to build "Therme Dubai – Islands in the Sky," a wellness resort with suspended botanical gardens and thermal pools, set to open by 2028.

Dubai’s Omniyat secures $100 million private loan

Nomura provides a $100 million loan for Omniyat’s Dubai real estate project, marking the Japanese bank’s first Middle East property deal amid the region’s real estate boom.

Dubai property price growth to slow in 2025

Dubai home prices are expected to rise by 8% in 2025, down from 20% last year, as developers grow cautious and affordability challenges impact market demand.

Dar Global plans projects in the US  and Greece

Dubai-based developer Dar Global announces plans to expand in the US and Greece, following luxury real estate partnerships with the Trump Organization in Saudi Arabia, Dubai, and Oman.

UAE and Syrian foreign ministers meet during UAE visit

UAE Foreign Minister Sheikh Abdullah bin Zayed met with Syrian FM Assad Hassan al-Shibani to discuss bilateral relations, Syria’s sovereignty, and political transition during Shibani’s visit to the UAE.

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