Category: Latest News
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DAMAC’s Cavalli Tower Set to Redefine Luxury Living with Completion on Target
Dubai, UAE, 6 March 2024 –DAMAC Properties, a leading luxury real estate developer in the UAE, announced that the Cavalli Tower, its inaugural branded residential tower project in the UAE is on target for completion. Situated in the vibrant Dubai Marina, adjacent to DAMAC’s Ocean Heights, the 71-storey Cavalli Tower will set a new standard in…
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Dubai Emerges as Global Haven for the Wealthy Amidst Increasing Geopolitical and Economic Uncertainties
Dubai, Monday November 14 — As governments worldwide compete to attract the attention of the world’s wealthiest, Dubai stands out as the frontrunner, witnessing an unprecedented influx of elite individuals and families from across the globe. The emirate’s exceptional stability, pro-business environment, luxurious lifestyle offerings, and forward-thinking policy changes have collectively positioned Dubai as the…
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Award Winning Developer R.Evolution Launches an exquisite Experience Centre for their latest project EYWA, showcasing the concept of ‘Wild Luxury’
Wellness & Urban Luxury Living come together in a natural environment to induce positive energy Dubai, UAE, 01 November, 2023: R.Evolution, the globally renowned luxury real estate developer, announces the launch of their state-of-the-art Sales Suite & EYWA Experience Centre, located in the heart of DIFC’s Burj Daman. Renowned for their 23 remarkable developments worldwide,…
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Deyaar Subsidiary Nationwide Management Services Earns Full ESCO Accreditation from RSB Dubai
Dubai, UAE – 30 October 2023: Nationwide Management Services LLC (NMS), a subsidiary of Deyaar Development PJSC, has received the Full Accreditation as the Energy Service Company (ESCO) from the Regulatory & Supervisory Bureau (RSB), the regulator of Dubai’s water and electricity sector. The accreditation marks a significant milestone in NMS’s commitment to delivering energy efficiency…
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Construction of villas in first phase 1-month ahead of schedule
Construction of villas in first phase 1-month ahead of scheduleWith a total gross floor area (GFA) of 2.3 million sq. m the community will feature more than 9,000 villas Dubai, United Arab Emirates, 23 October 2023: UAE’s leading luxury real estate developer DAMAC Properties has announced progress milestones at its third master development, DAMAC Lagoons,…
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Ohud General Hospital in Madinah to be upgraded by Alfanar Construction
RIYADH, Saudi Arabia, Property News – Alfanar Construction, the engineering, procurement & construction (EPC) division of Alfanar, announced today that it has been awarded a SAR 109 million contract by the Ministry of Health (MoH), Saudi Arabia, to replace and develop the infrastructure for Ohud General Hospital in the city of Madinah. The 24-month project aims…
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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