Dubai launches AI Integration Matrix Framework to connect government services, with over 100 AI systems deployed to boost efficiency and decision-making Dubai is rolling out a new artificial intelligence system designed to connect government services into a single, integrated platform, with more than 100 AI systems already deployed across entities. The initiative, led by Digital Dubai,...
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The contracts include the Samr 1, Samr 2 and Deem residential clusters, as well as a mall, clubhouse and landscaping works, marking the start of full-scale execution of the project’s final phase Alef Group has awarded construction contracts worth AED 750 million ($204.22 million) for the final phase of its Hayyan development in Sharjah, covering more than 700 residential units. The...
Average occupancy reached 98.9% in the three months to March 31, up from 98.3% a year earlier, while tenant retention stood at 98% Dubai Residential REIT reported an 8.4 per cent year-on-year increase in revenue for the first quarter of 2026, supported by sustained rental growth and high occupancy across its portfolio. Average occupancy reached 98.9 per cent during the three-month period to...
Construction is scheduled to begin this quarter, with completion targeted for the fourth quarter of 2028 Nakheel has awarded contracts worth more than AED 3.5 billion ($953.03 million) to Ginco General Contracting and United Engineering Construction (UNEC) to build 544 villas on Palm Jebel Ali. Ginco will construct 354 villas across Fronds A to D, while UNEC will deliver 190 villas on...
DMCC is currently accepting expressions of interest from prospective tenants ahead of formal leasing DMCC has announced the launch of One Uptown Place and Two Uptown Place, two new Grade A commercial towers within its flagship Uptown Dubai, as the business district expands its commercial and financial ecosystem. The twin-tower development will add more than 560,000 square feet of premium office...
Dubai’s residential sector entered a phase of measured normalisation following several years of rapid expansion, though activity levels remained historically strong. A new review by CBRE Middle East shows that while regional tensions weighed on sentiment in March, structural undersupply across key segments — especially Grade A offices and industrial facilities — continued to underpin rents,...
Approaching final delivery in Dubai Hills Estate Dubai, United Arab Emirates: National Properties, the real estate subsidiary of the Shari’a-compliant savings and investment company National Bonds, has announced that construction of 399 Hills Park, its flagship residential and retail development within Dubai Hills Estate, has reached 97% completion, bringing the project into its final...
Force majeure is a recognised concept under UAE law and does feature in property contracts, but invoking it successfully is difficult, say lawyers. Legal experts said force majeure is recognised under Dubai law, but its application depends on stringent legal and evidentiary requirements and is assessed on a case-by-case basis by the courts. Bassel Boutros, Partner at BSA LAW, said for an event...
Dubai, Abu Dhabi, Sharjah and Ajman record higher deals and investor activity Dubai: The UAE’s real estate sector delivered a strong start to 2026, with transaction volumes and values rising across all major emirates, pointing to sustained investor demand and continued momentum in the property market. Data from Dubai, Abu Dhabi, Sharjah and Ajman shows a broad-based increase in activity during...
ENBD, Dubai Holding tie-up gives early mortgage access to Meraas, Nakheel homes Dubai: Dubai Holding Real Estate and Emirates NBD have launched a new financing model that will allow buyers of off-plan homes in Dubai to secure mortgage approval earlier in the purchase process. Dubai Holding Real Estate and Emirates NBD have launched a new financing model that will allow buyers of...