Tag: Dubai

Construction & Real Estate

Amwaj's premium Meydan residential developments on track

Amwaj Development, a leading Dubai real estate developer, has announced that work is moving at a steady pace on two of its premium residential developments in Meydan with The Cube Residences now 50% completed and Gate Eleven reaching 35% project completion. ...

Construction & Real Estate

Dubai sees summer shift as tenants switch homes for lower rents

The Dubai real estate market has witnessed a clear shift during the summer months as hundreds of tenants moved home to take advantage of new leases reducing annual rents by up to 15%. The new leases exceeded renewals by 2,139 contracts in August, said a new report. ...

Construction & Real Estate

Dubai records $29.3bn in completed real estate projects in H1

Dubai’s real estate sector continued to expand during the first half of 2026, with 104 projects completed at a total investment value of more than AED111 billion ($29.3 billion), thus adding 24,537 new units to the market, according to a new report. ...

Construction & Real Estate

Dubai warehouse rental values surge 10pc to $490m in H1

Dubai’s warehousing sector has secured a total rental value of AED1.8 billion ($490 million) during the first half of 2026, up 10% over the same period last year. Around 10,000 warehouse leases were signed in H1, while the renewals rose 22% year-on-year to reach a new half-year record, said a report. ...

Construction & Real Estate

Condor completes handover of Dubai Sports City residential project

Dubai-based residential developer Condor has announced the handover of its premium residential project - Golf Links18 - in Dubai Sports City, featuring 256 residential units with a mix of studios and one-to three-bedroom apartments along with other key amenities. ...

Construction & Real Estate

RTA completes major Dubai street development project work

Dubai's Roads and Transport Authority (RTA) has completed the work on Oud Maitha Road and Al Asayel Street Development, a key project aimed at boosting the integration of the city's road network and keeping pace with the rapid urban and population growth in surrounding areas....

Construction & Real Estate

Azizi's new Meydan 5-star property set for mid-2028 opening

UAE-based Azizi Hospitality has announced that steady progress is being made on its five-star hotel coming up in Meydan, Dubai with the property on track for opening in mid-2028. Excavation and foundation work is under way and this will be followed by structural build, façade and interior fit-out....

Construction & Real Estate

Nakheel awards $218m construction contract for Bay Grove Residences

Dubai developer Nakheel has awarded the main construction contract worth over AED800 million ($218 million) to Metac General Contracting for key phases of Bay Grove Residences on Dubai Islands. The deal covers the construction of 537 one- to four-bed homes across seven buildings. ...

Construction & Real Estate

Parkin expands payment options through partnership with uPay

Parkin Company, the largest provider of paid public parking facilities and services in Dubai, has entered into a partnership with uPay, a UAE-based payment solution provider, to enable Parkin wallet top-ups through uPay’s extensive kiosk network across the country. ...

Construction & Real Estate

Dubai approves $953m road project linking Sharjah, Abu Dhabi

Dubai has approved the first phase of a 80-km New Fourth Corridor project linking Sharjah and Abu Dhabi, with the initial stage costing about AED3.5 billion ($953 million). To be implemented in two phases, the project scope includes construction of 72 bridges, 17 tunnels and 45 stormwater drainage culverts. ...

Construction & Real Estate

Middle East Coatings Show set for Dubai Expo City debut

The Middle East Coatings Show will be back this month in Dubai, bringing together more than 5,000 manufacturers, raw material suppliers, distributors, buyers, technical specialists, and coatings professionals from across regional and international markets for its debut show at Expo City Dubai. ...

Construction & Real Estate

Azizi set to deliver 10 more projects by year-end

UAE-based Azizi Developments handed over seven projects by the third quarter and now aims to deliver an additional 10 projects between now and December. Azizi currently has more than 150,000 units under construction at various stages, thus reflecting the scale and pace of its ongoing development pipeline. ...

Construction & Real Estate

Dubai Holding Real Estate, ADCB enter into off-plan financing deal

Dubai Holding Real Estate and Abu Dhabi Commercial Bank (ADCB) have entered into a strategic partnership to introduce bespoke off-plan financing solutions for clients of Nakheel/ Meraas/ Dubai Properties, thus providing greater certainty throughout the property purchase journey. ...

Construction & Real Estate

DHG completes 430-unit Helvetia Residences project in Dubai

DHG Properties, a part of Swiss real estate group DHG, has announced the completion of its prime project - Helvetia Residences - at Jumeirah Village Circle in Dubai, thus delivering its first UAE residential development. The project features 430 apartments spread across 25 floors with more than 73,000 sq m built-up area. ...

Construction & Real Estate

Dubai gears up for debut RailX Conference and Exhibition next year

Roads and Transport Authority (RTA) will host the first RailX Dubai Conference and Exhibition next year, bringing together over 5,000 participants, including government officials, industry executives and investors, to discuss rail infrastructure, investment and emerging mobility technologies. ...

Construction & Real Estate

AI native real estate firm Huspy acquires Dubai brokerage LuxuryX

Huspy, a leading AI-native real estate company in the Middle East and Europe, has acquired Dubai-based luxury real estate brokerage LuxuryX, thus marking a significant expansion of its UAE real estate business. The strategic buy supports the upcoming launch of Huspy Signature, its new luxury real estate brand, next month. ...

Construction & Real Estate

Mediclinic unveils $114m Dubai hospital expansion plans

Mediclinic Middle East, one of the leading private healthcare providers in the UAE, has announced plans to invest AED420 million ($114 million) in the expansion of its Parkview Hospital in Dubai. The expansion work will begin shortly and is due for completion next year. ...