Category: Construction
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Nakheel awards Rixos Bay Residences and Villas contract to Sembol Construction
Dubai, UAE, 02 February 2024: Nakheel, the Dubai-based world-leading master developer, has appointed a contractor for the construction of Rixos Bay Residences and Villas, part of Rixos Dubai Islands, Hotel & Residences, the exclusive contemporary waterfront residential retreat offering sophisticated beachfront homes and upscale amenities. The contract for the construction of Rixos Bay Residences and Villas…
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Revolutionizing Construction: Zepth makes bold leap into AI-driven construction project management
Zepth, a pioneering construction management SaaS software, has incorporated AI to achieve human-level intelligence — a first-of-its-kind endeavour in the industry, with great implications for the developers community hoping to enhance process efficiencies and reduce delays and budget overruns December 13th UAE, Dubai: In a groundbreaking development, Zepth, an innovative global tech startup and leader…
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MERED wins ‘New Market Entry’ at Construction Innovation Awards 2023
26 October 2023; Dubai, UAE: MERED, the reputed international real estate developer, has announced its coveted win for the New Market Entry category at the Construction Innovation Awards 2023. The awards ceremony held at Sofitel Dubai The Palm, MERED received recognition for its impactful entry into the UAE market with the aim of pushing the…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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