From Desert to Dynasty: Dubai Now Home to 81,200 Millionaires
Dubai Emerges as a Global Wealth Magnet with Over 81,000 Millionaires Dubai has solidified its status as a premier global wealth hub, now home to 81,200 resident millionaires, including 237 centi-millionaires and 20 billionaires, according to the World’s Wealthiest Cities Report 2025 by Henley & Partners in collaboration with New World Wealth. The emirate climbed […]
Emaar Properties Achieves Record-Breaking Growth in 2024
Emaar Properties Achieves Record-Breaking Growth in 2024 Dubai, United Arab Emirates – February 13, 2025: Emaar Properties PJSC (DFM: EMAAR) has delivered its strongest performance to date in 2024. The company’s commitment to innovation, customer satisfaction, and efficiency has resulted in record-breaking revenue, profits, and sales. Impressive Sales and Revenue Growth Emaar achieved its highest-ever […]
Dubai’s Expanding ‘Airport City’ Set to Generate Thousands of Jobs as New Passenger Terminal Develops
Dubai’s Expanding Set to Generate Thousands of Jobs with new airport expansion, creating jobs and boosting real estate demand. Population Surge Expected in Dubai South Dubai South will experience a significant population boom in the next two to three years. The new passenger terminal at Al Maktoum International Airport (DWC) is driving this growth. Currently, […]
New Mortgage Rules in Dubai
New Mortgage Rules in Dubai: Buyers Now Responsible for DLD and Brokerage Fees Changes to Mortgage Financing in Dubai: DLD and Brokerage Fees Excluded As of February 1st, 2025, property buyers in Dubai can no longer finance the four per cent Dubai Land Department (DLD) fees and the two per cent brokerage fees through their […]
Etihad Rail Unveils High-Speed Train
Etihad Rail Unveils High-Speed Train: Dubai to Abu Dhabi in 30 Minutes Etihad Rail recently introduced its new high-speed passenger train, promising to reduce travel time between Dubai and Abu Dhabi to just 30 minutes. This game-changing development will provide a fast, all-electric transportation option for commuters. Let’s explore the exciting details of this new […]
Dubai Expands Freehold Ownership
Dubai Expands Freehold Ownership: A Game-Changer for Sheikh Zayed Road and Al Jaddaf Introduction Dubai’s real estate market has taken a groundbreaking step with the Dubai Land Department (DLD) announcing the conversion of private properties along Sheikh Zayed Road and Al Jaddaf into freehold ownership. This initiative allows all nationalities to own property in these […]
Dubai 2040 Urban Plan: Sheikh Mohammed Unveils Vision for a ’20-Minute City’
Dubai’s 2040 Urban Master Plan Phase Two: Key Developments for a Sustainable Future Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has unveiled the next phase of the city’s ambitious 2040 Urban Master Plan. The focus is on sustainable urban living, housing supply, eco-friendly infrastructure, and improving connectivity. This vision aims to make […]
Dubai Real Estate Giant DAMAC Unveils New Luxury Airline, DAMAC Air
Damac Properties, a renowned real estate developer in Dubai, is expanding into luxury aviation with the launch of Damac Air. Known for its opulent developments, Damac aims to offer an exclusive, high-end flying experience that mirrors its luxury real estate projects. Exclusive Destinations for Luxury Travelers Damac Air will offer flights to six highly sought-after […]
Powering Palm Jebel Ali with DEWA: A Strategic Partnership
Developing Key Substations for Palm Jebel Ali Nakheel has partnered with Dubai Electricity and Water Authority (DEWA) to power Palm Jebel Ali’s essential infrastructure. Together, they are building two substations valued at AED 270 million, each with a 132/11 KV capacity. These substations will provide reliable electricity to critical areas of the island, including multiple […]
Dubai’s Slimmest Skyscraper: A 380m Marvel with One Apartment Per Floor
Muraba Veil: Dubai’s Bold New Skyscraper Dubai is about to welcome a groundbreaking addition to its skyline—Muraba Veil. This 380-metre tower stands out, not for its height, but for its remarkable slenderness. At just 22.5 metres wide, it ranks as one of the narrowest skyscrapers ever built. Its innovative design challenges conventional skyscraper aesthetics, making […]
