DUBAI

February 18, 2024 at 9:00 AM GMT During the peak of the global pandemic, as Dubai grappled with expatriate departures and rising competition from nearby business centers, the government made pivotal decisions. These choices are currently shielding the city from the commercial real estate downturn sweeping across the world.   The United Arab Emirates, including …

Dubai’s Golden Visas Bolster City’s Resilience Amidst Global Office Downturn Read More »

Dubai Witnesses Record-Breaking $173 Billion in Real Estate Transactions in 2023 Dubai experienced a significant surge in real estate transactions, reaching nearly $173 billion in 2023, marking an all-time high for the emirate.   The Dubai Land Department (DLD) reported a remarkable achievement with 1.6 million transactions encompassing various real estate activities, including transactions and …

Dubai Real Estate Transactions Soar to $173 Billion in Record-Breaking Year; Non-Resident Investors Show Significant Increase Read More »

Dubai’s Department of Economy and Tourism (DET) has forged a partnership with Microsoft to accelerate innovation within the emirate. The collaboration seeks to advance Dubai’s economic vision as outlined in the D33 – Dubai’s economic agenda, which targets doubling the size of the economy and attaining a top three global city status by 2033. Focused …

Microsoft Collaborates with Dubai’s DET to Accelerate Innovation and Achieve Goals under D33 Economic Agenda Read More »

AD Ports Group revealed on Tuesday that Maqta Gateway, its digital arm specializing in cutting-edge trade digitalization solutions, has acquired a 60 percent equity stake in Dubai Technologies, a trade and transportation solutions developer based in Dubai. The equity acquisition deal is valued at approximately AED28 million. Dubai Technologies has developed Minato, an intelligent ports’ …

Maqta Gateway, the digital arm of AD Ports Group, secures a 60% stake in Dubai Technologies. Read More »

Ennismore, in collaboration with developer East & West Properties, Driven Properties, and Refine Development Management, introduces a new real estate venture named Rixos Financial Center Road Dubai Residences. Situated in Downtown Dubai, these residences will soar to a remarkable height of 340 meters, spanning an impressive 76 stories.   Francois Baudin, Chief Business Officer of …

Ennismore and Partners Unveil Debut Rixos Branded Residences in Dubai’s Real Estate Market Read More »

Wedding proposals in Dubai can reach staggering costs of up to AED250,000, shared an event planner with Arabian Business. The trend leans towards “golden hour” settings along the coastline with views of the Burj Al Arab or rooftop venues overlooking the iconic Burj Khalifa, the world’s tallest building.   Dubai is ascending as one of …

Luxury marriage proposals in Dubai come with price tags reaching AED250,000 as couples worldwide flock to the UAE for customized events Read More »

Al Muntaha, the iconic restaurant nestled within Dubai’s Burj Al Arab in Jumeirah, clinched the prestigious title of UAE Restaurant of the Year, as announced at the Gault&Millau 2024 gala awards held on Wednesday.   This win marks a remarkable journey for Al Muntaha, which was honored in 2022 as one of the three restaurants …

Al Muntaha in Dubai Named UAE Restaurant of the Year at Gault&Millau 2024 Gala Awards Read More »