Economy News Real Estate

UAE infrastructure set for growth in 2025

Mordor Intelligence has forecast a compound annual growth rate (CAGR) of 5% for the UAE’s infrastructure sector between 2025 and 2030. This growth is expected to be fuelled by both government and private sector investments in high-quality projects. Key areas of focus include transportation, renewable energy, and real estate, all of which are poised for

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News Real Estate

Meraas awards $272m contract for Bluewaters Bay

Meraas has signed a construction contract exceeding $272m with China State Construction Engineering Corporation (Middle East) for the development of Bluewaters Bay.

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News Real Estate

Al Hamra completes Marina Residences in RAK

Real estate developer Al Hamra has announced the completion and handover of Al Hamra Marina Residences in Ras Al Khaimah, a residential project within Al Hamra Village. This marks a key milestone in the company’s five-year strategy, which also includes the Falcon Island project, set for handover next year.

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News Real Estate

Acube launches ‘Vega’ in Dubai Sports City

Acube Developments has unveiled Vega, a 23-storey residential development in Dubai Sports City. Named after the brightest star in the Lyra constellation, the project combines luxury, nature, and cutting-edge technology.

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Opinion Real Estate

Red flags to watch out for when investing in real estate

Investing in real estate can be one of the most rewarding decisions you’ll make, offering the potential for steady returns and long-term growth. But not every deal is as promising as it seems.

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Economy News Real Estate

Andalusia Group unveils $57m Dubai residences

Dubai real estate developer Andalusia Group has launched Bottega Nove Premium Residences, an Italian-inspired luxury development valued at $57.2m. The project, located in the Majan area of Dubailand, is set to feature nine floors crafted from Italian materials, blending sophisticated design with luxurious finishes.

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Economy News Real Estate

Meydan awards $144m for lagoon-side development

Dubai Holding Real Estate’s Meydan has awarded a $144m contract to Bhatia General Contracting for the construction of Naya at District One.

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Economy News Real Estate

New DMCC Crypto Tower slated for Q1 2027

The launch of Crypto Tower in Dubai’s Jumeirah Lakes Towers (JLT) marks a significant step in supporting the city’s growing blockchain, DeFi, and Web3 industries.

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Opinion Real Estate

Living in the Gulf but purchasing abroad? Mortgage approval explained

With buyers increasingly looking beyond their home borders for property investments, securing a mortgage in a foreign market is a common goal—and sometimes, a common point of uncertainty.

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News Real Estate

New phase of $108m Al Mamzar Beach project

Dubai Municipality has awarded contracts for the second phase of the Al Mamzar Beach Development Project. Spanning 125,000 sq. metres, it is expected to be completed by the end of 2025 with a total cost of $108m.

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