Author: Property News
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Dubai retail real estate sales values rise almost 50% year-on-year to AED4.6 billion in 2025 – Cavendish Maxwell
Off-plan sales surge more than 830% in five years Tenants prioritise retaining prime space amid limited availability Dubai, UAE, 13 April 2026 – Sales transactions in Dubai’s retail real estate market climbed almost 50% year-on-year to AED4.6 billion in 2025, says leading real estate advisory group and property consultancy, Cavendish Maxwell. Around 1,450 sales were…
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Al Habtoor Group Reinforces Confidence in Dubai with Landmark AED 5 Billion Investment
09 April 2026, Dubai, UAE: Al Habtoor Group announced today a landmark investment exceeding AED 5 billion in Dubai’s real estate sector, further reinforcing its long-standing confidence in the strength, resilience, and global appeal of the emirate’s investment environment. The Group confirmed that the investment will be directed towards the development of a new landmark…
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Riviera Residences on Al Reem Island Enters Deep Foundation Works as MERED Maintains Construction Momentum
Abu Dhabi, UAE – 09 April 2026: MERED, the award-winning developer, has announced that main piling operations are now progressing at Riviera Residences, a waterfront residential tower in Abu Dhabi, Al Reem Island. The milestone follows the completion of 60% of enabling works, including guide walls, shoring, contiguous piling, and ground improvement across both zones,…
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Union Properties Secures 68% AGM Attendance, Approves First Dividend in 11 Years
UAE, April 7, 2026 — Union Properties PJSC (DFM: UPP) approved its first dividend payout in 11 years after its Annual General Meeting achieved first quorum for the first time in six years, marking a significant milestone in the company’s turnaround and signalling renewed shareholder confidence. The AGM convened with 68% shareholder attendance, reflecting growing…
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Abu Dhabi Real Estate Transactions Jump 160.7% to Record AED 66 Billion in Q1
Abu Dhabi, UAE – 7 April 2026: The Abu Dhabi Real Estate Centre (ADREC) the custodian and regulator of the Abu Dhabi’s real estate sector, has reported that total transaction value reached AED 66 billion representing a 160.7% increase across 13,518 deals in the first quarter of 2026 in the emirate, compared to AED 25.31…
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DUBAI SOUTH ANNOUNCES SUPPORT PACKAGE ALIGNED WITH UAE ECONOMIC STABILITY EFFORTS
Dubai, United Arab Emirates – 6 April 2026: Dubai South, the largest urban master development focused on aviation, logistics, and real estate, has announced a flexible and support package for its SME community at the Business Park, aimed at supporting its growing base of businesses. The initiative aligns with the government’s ongoing commitment to safeguarding…
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Amwaj Development Launches KAIA, a New Beachfront Residential Community in Dubai
06 April 2026, Dubai, UAE: Amwaj Development has officially unveiled KAIA – Shaped by Nature, Defined by Calm, a contemporary beachfront residential community on Dubai Islands – Island A, introducing a new chapter of tranquil coastal living within one of Dubai’s most anticipated waterfront destinations. KAIA has been designed as a lifestyle first, mid-rise development created for…
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Palma Development Completes Serenia Living on Palm Jumeirah
Dubai, United Arab Emirates, April 2026 – Palma Development, one of the pioneering developers in the UAE real estate industry, has announced the completion of Serenia Living, its ultra-premium beachfront residential development on the crescent of Palm Jumeirah. The project, which was launched in 2022 with a development value of AED 3 billion, has now…
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HITEK AI Launches Compliance Solutions for Dubai’s New Building Quality and Safety Law
Dubai, United Arab Emirates, 1 April 2026: Dubai-headquartered HITEK AI, a part of the Farnek group of companies, has launched a bouquet of digital solutions to support building owners and management companies, to comply with Dubai Law No. (3) of 2026 regarding building quality and safety. The new law, which was announced recently by His…
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LEAD Development Showcases Jubail Island’s Integrated Water System Amid UAE Rainfall
Abu Dhabi, United Arab Emirates, 30 March 2026: As the UAE experiences seasonal rainfall this week, LEAD Development is spotlighting the advanced water management system at Jubail Island, demonstrating how thoughtfully designed infrastructure can transform natural conditions into long-term environmental and community value. Developed as part of LEAD’s broader commitment to responsible and future-ready living,…
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