News Real Estate

Dubai real estate transactions surge 29.7% to AED 50.58bn during Ramadan 2026

Dubai's property market defied its traditional Ramadan slowdown, recording 15,196 transactions worth AED 50.58 billion between 18 February and 19 March – a 29.7 percent year-on-year increase in value and a 5.63% rise in volume.

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News

Imtiaz Developments acquires AED 2bn Downtown Jebel Ali plot

Imtiaz Developments has purchased a plot in Downtown Jebel Ali with an estimated development value of AED 2 billion, signalling continued confidence in Dubai's real estate market amid regional uncertainty.

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News

Arada begins construction of Reigate school in Masaar

Arada has awarded an AED 183 million contract to Al Rehab Al Arabi Building Contracting Company for the construction of a new K-12 school within its Masaar development in Sharjah.

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Economy News

Saudi Ports Authority launches Sharjah–Saudi trade corridor

The Saudi Ports Authority has launched a new trade bridge linking Sharjah in the UAE with Saudi Arabia, aimed at improving cross-border cargo movement and strengthening regional logistics integration.

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News

Saudi Arabia boosts Red Sea shipping capacity with new services

Saudi Arabia has introduced five new maritime shipping services to strengthen trade routes via the Red Sea, ensuring supply-chain continuity amid regional disruptions affecting the Strait of Hormuz.

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News

talabat UAE offers 100 rent-free cloud kitchens to support local brands

talabat UAE has launched an initiative to provide 100 rent-free cloud kitchen spaces to homegrown restaurant brands, aiming to ease cost pressures and support expansion across the country’s F&B sector.

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News

Amana secures DP World warehouse project in JAFZA

Group Amana has been awarded a contract by DP World to develop a multi-tenant warehouse facility at JAFZA in Dubai.

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News

Retal signs USD 800m deal for Oman’s Sultan Haitham City

Retal Urban Development Company has signed a USD 800 million agreement with Omani authorities to develop three neighbourhoods within Sultan Haitham City, the sultanate’s largest urban development project.

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News

Eagle Hills partners Awqaf Abu Dhabi on AED 1bn endowment project

Eagle Hills has signed a memorandum of understanding with Awqaf Abu Dhabi to develop a AED1 billion commercial project supporting the “Mother of the Nation Endowment for Orphans” initiative.

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News Real Estate

Sharjah real estate transactions hit AED 4.6bn during Ramadan

Sharjah’s property market recorded strong momentum during Ramadan 2026, with total transactions reaching AED 4.6 billion, marking a 71.8% increase year-on-year.

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