Tag: Dubai

Construction & Real Estate

HVACR World to put spotlight on smarter cooling, greener buildings

HVACR World, a major exhibition dedicated to heating, ventilation, air conditioning and refrigeration sector, will return to Dubai next month drawing more than 12,000 industry professionals and over 100 exhibitors who will be showcasing technologies that will boost energy efficiency and operational performance of buildings. ...

Construction & Real Estate

Dubai's real estate investments hit $185bn in 2025, says report

The value of Dubai's real estate investments has grown steadily over the past few years, rising nearly five-fold from AED148 billion ($40.2 billion) in 2021 to more than AED680 billion ($185 billion) in 2025, said a leading UAE brokerage, adding the number of investments have jumped from 72,000 to 259,000 over the period. ...

Construction & Real Estate

Dubai's GDP reaches $129bn in H1 2026

Dubai’s economy reached AED473 billion ($129 billion) in the first half of 2026, driven by strong performance across key sectors, including financial and insurance services, healthcare, information and communication, and construction....

Construction & Real Estate

JLL named exclusive office leasing partner for 12-storey DIFC tower

Leading real estate services company JLL has been appointed as the exclusive office leasing partner for a 12-storey Grade A workplace within Water Gardens, a new mixed-use destination in the heart of Dubai International Financial Centre (DIFC). It is being developed by H&H and designed by top architect David Chipperfield. ...

Construction & Real Estate

Emaar’s sales backlog at $49bn, collection rate at 98%, says Alabbar

Emaar Properties' sales backlog - the value of property sales yet to be recognised as revenue - stood at around AED180 billion ($49 billion), while indicating its collection rate reached 98% last year, recovering from a temporary decline during the regional tension, said Emaar Properties Founder and Managing Director Mohamed Alabbar....

Construction & Real Estate

Emaar chief unveils $16bn Syria property investment plans

Dubai master-developer Emaar Properties plans to invest more than $16 billion in real estate and tourism development projects in Syria, with investment decisions guided by economic feasibility, development potential and social responsibility amid ongoing economic and geopolitical challenges, said its top official. ...

Construction & Real Estate

RTA completes Al Satwa Roundabout conversion

Dubai’s Roads and Transport Authority (RTA) has completed converting Al Satwa Roundabout into a signalised intersection, alongside associated road and infrastructure enhancements. The design also improves bus movement and access into and out of the area, which reduces delays and supports smoother public transport operation. ...

Construction & Real Estate

Dubai has $572bn projects underway, more to come: Sheikh Mohammed

Dubai has nearly AED2.1 trillion ($571.5 billion) worth of projects underway across housing, transportation, aviation, infrastructure and economic development, with more projects to be announced in the coming phase, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said....

Construction & Real Estate

BI Group teams up with Citic Contracting for prime Dubai projects

BI Group has signed a deal with Citic Middle East Contracting, the UAE subsidiary of Chinese group Citic Construction, to collaborate on the construction of three real estate developments in Dubai - all coming up in Meydan Horizon. As per the deal, Citic will be the main construction contractor across all three projects. ...

Construction & Real Estate

Moma marks key construction milestone at Dubai beachfront property

Moma International, a leading architecture and interior design studio, has announced that it has achieved a major construction milestone on its five-star beachfront property, J1 Hotel, in Dubai with the completion of 65,000 cu m of concrete pour by the project team clocking five million safe man hours. ...

Construction & Real Estate

Dubai launches trial operation of Glydways automated transit system

Roads and Transport Authority (RTA) has launched the trial operation of the Dubai Glydways automated transit system at a premium retail destination in the emirate - Bluewaters. The system uses autonomous electric vehicles supported by artificial intelligence technologies, operating on dedicated guideways. ...

Construction & Real Estate

S&P assesses impact of Middle East war on Dubai property market

Dubai's residential real estate market has seen a significant drop in transaction volumes as a result of the Middle East war. However, specific segments of the market are now experiencing a price correction, albeit a moderate one, according to S&P Global Ratings. ...

Construction & Real Estate

Danube partners with Shah Rukh Khan for new residential project

The UAE-based Danube Properties has announced the next chapter of its iconic partnership with Bollywood superstar Shah Rukh Khan with the launch of Shahrukhz Residences by Danube - a landmark fully-furnished waterfront residential tower in Dubai Maritime City....

Construction & Real Estate

Dubai off-plan sales remain robust as Q3 transactions hit $25.3bn

The Dubai real estate market recorded 37,429 sales transactions worth AED92.9 billion ($25.3 billion) in Q3 as primary sales from developers continued to outpace resales, and the rental sector remained on track to set an all-time record, said a report, adding Dubai South lead the off-plan sales for seventh consecutive month. ...

Construction & Real Estate

Dubai set for new sports, lifestyle destination launch

Dubai is set to welcome Club 15, a new 15,000 sqm sports and lifestyle destination at Al Quoz this month. Founded by Lebanese basketball legend Fadi El Khatib, it brings professional-level sport, training, recovery, wellness, family activities, hospitality and social spaces together under one roof. ...

Construction & Real Estate

Etihad Rail putting UAE’s property market on a new track, says expert

Etihad Rail’s launch of passenger services between Abu Dhabi, Dubai and Al Dhaid in Sharjah could give a fresh boost to property markets in the UAE capital along the route, putting communities near current and future stations in the spotlight, a leading UAE real estate agency said. ...

Construction & Real Estate

Azizi signs up Kone for 725-m landmark Dubai tower project

UAE-based Azizi Developments has signed an agreement with Kone, a global leader in the elevator and escalator industry, to engineer and deliver the vertical mobility system for its 725-m landmark Burj Azizi development on Sheikh Zayed Road, which, on completion, will become the world’s second-tallest tower. ...

Construction & Real Estate

RTA completes traffic expansion project at major Dubai street

Dubai’s Roads and Transport Authority (RTA) has completed a traffic expansion in Al Mizhar 4, spanning more than one kilometre from Tunis Street towards Amman Street. A third lane was added to the existing two, boosting capacity by 50% while improving traffic flow in the area. ...

Construction & Real Estate

Developers hold off-plan pricing steady while sales volumes adjust

Dubai's developers have largely held their off-plan prices steady through 2026 in the face of adjustments in sales volumes and absorption rates, said a new report, adding that pricing has begun to decide how quickly projects sell out. ...