Tag: DUBAI

Construction & Real Estate

Tenancy contracts in Dubai increases 6% to 1.38 million

Registered tenancy contracts in Dubai recorded a 6% increase in volume and a 17% increase in value in 2025, compared to 2024, reaching 1.38 million contracts with a total value of AED126.4 billion ($34.42 billion)....

Construction & Real Estate

Dubai completes 124 real estate projects worth $7.49bn in 2025

Dubai witnessed notable progress in the pace of real estate project completion in 2025, with the number of completed projects rising to 124, marking a 7% increase and a total value of AED27.5 billion ($7.49 billion), reflecting a 23% increase....

Construction & Real Estate

Blue Square enters UAE with new Dubai Islands residential project

Blue Square, a leading real estate developer with a major presence in Lebanon, Egypt and Kuwait, has announced its foray into the UAE market with its inaugural project - Vayla Residences - on Dubai Islands, featuring a mix of one- and two-bedroom apartments alongside exclusive one- to three-bedroom duplexes. ...

Construction & Real Estate

RTA awards contract for key phase of Hessa Street project

Dubai's Roads and Transport Authority (RTA) has awarded the contract for Phase II of Hessa Street project spanning a 3-km-long corridor. The scope of work includes upgradation of three major intersections by constructing 8,835-m bridges and a 480-m tunnel in addition to dedicated cycling and e-scooter tracks. ...

Construction & Real Estate

DMCC opens The Plaza at Uptown Dubai

DMCC, a leading international business district in Dubai, has opened The Plaza at Uptown Dubai, a 21,000-sq-m open-air space that anchors the district’s masterplan. ...

Construction & Real Estate

Omoria unveils its inaugural private residences on Palm Jumeirah

Bin Sulaiman Group - OBS, a diversified group based in Dubai, said its premium development Omoria has opened its inaugural private residence on Palm Jumeirah. A prime project, the Omoria Palme Couture draws from finest Japanese hospitality and Italian design philosophies. ...

Construction & Real Estate

Hassan Allam lands main contract for luxury Karl Lagerfeld Villas project

UAE-based Yas Holding said one of its key units Taraf has signed up Hassan Allam Construction as the main contractor for its luxury Karl Lagerfeld Villas project in Dubai. Located in a prime residential setting Meydan, the project represents a refined interpretation of contemporary villa living. ...

Construction & Real Estate

Ayat breaks ground on 376-unit residential project in Dubai

UAE-based Ayat Development has marked the groundbreaking of Ayami Residence, a contemporary G+Podium+6 residential development in Warsan First, Dubai. Scheduled for completion in 2028, the 376-unit project will introduce a curated mix of studios, one- and two-bedroom apartments. ...

Construction & Real Estate

NKEY Architects announces launch of global HQ in Dubai

NKEY Architects, an international full-cycle architecture and design company delivering comprehensive solutions - from concept to implementation - has announced the relocation of its global headquarters to Dubai, thus marking a significant milestone in its next phase of growth. ...

Construction & Real Estate

Havelock One completes work on Majid Al Futtaim 'social jungle'

Havelock One has completed the full fit out of SOCO, the newest family entertainment destination by Majid Al Futtaim, now open at City Centre Mirdif in Dubai. Spanning 2,677 sqm, the ‘social jungle’ concept brings together gaming, bowling, dining, and immersive themed zones under one vibrant roof. ...

Construction & Real Estate

Emaar achieves another record year; nets $21bn property sales in 2025

Emaar Properties has reported a solid financial and operational performance for the full year 2025 clocking its highest-ever property sales of AED80.4 billion ($21.9 billion) in 2025, an increase of 16% over 2024 sales of AED 69.5 billion ($19 billion), driven by demand across established master communities and successful new launches. ...

Construction & Real Estate

Y A S Developers set to launch AED1 billion projects in Dubai this year

Y A S Developers, a real estate company with a major presence in North America, has announced plans to launch projects worth AED1 billion in Dubai this year. Today it unveiled its third boutique luxury project, Casa Altia, within the Al Furjan community. ...

Construction & Real Estate

Ritchie Bros. Dubai gears up for its first 2026 auction

Ritchie Bros. Dubai will host its first auction of the year next week, offering more than 1,900 items - including many unused machines - for sale. The public, unreserved auction, where every lot sells to the highest bidder, marks the start of the 2026 auction calendar. ...

Construction & Real Estate

Ghassan Aboud, EasyLease to set up aftermarket spare parts hub in Dubai

Ghassan Aboud Holding, a leading provider of integrated logistics and supply chain solutions, has joined forces with EasyLease, the capital subsidiary of International Holding Company, for the launch of its new Gallega Global Logistics multi-user aftermarket spare parts hub at Jebel Ali Free Zone (Jafza). ...

Construction & Real Estate

Dubai unveils new environmental and recreational destination

Dubai has launched a new environmental and recreational destination - Al Layan Oasis - that aims to showcase the beauty of the desert environment while promoting sustainability and quality of life. Spanning one million sq m, the project boasts a lake along with 14 km of walking and cycling tracks. ...