Tag: DUBAI

Construction & Real Estate

Dubai Bus and Taxi Lanes Project 30pc complete

Dubai's Roads and Transport Authority (RTA) has announced that 30% of the work has been completed on its Bus and Taxi Lanes Project which is being implemented across six key streets in the emirate. Once completed, the length of dedicated bus lanes will increase to 20.6 km. ...

Construction & Real Estate

ZaZEN starts handover of its LEED-certified residential project

UAE-based ZāZEN Properties has announced that it has officially begun the handover phase of its community-focused project, ZāZEN Ivy, located within the Al Furjan development. Rising six storeys, ZāZEN Ivy is the company’s second LEED-certified property. ...

Construction & Real Estate

AMIS breaks ground on Jacob & Co.’s villa community; targets $10bn IPO in three years

AMIS GPD Development, one of Dubai's fastest-growing real estate developers, has broken ground on its sixth project in less than two years, with the commencement of construction on Fleurs de Jardin, its landmark branded villa community created in partnership with high jewellery, high watchmaking brand, Jacob & Co. in Meydan District 11. ...

Construction & Real Estate

Equitativa sells prime commercial building in Dubai

Equitativa, a top REIT manager in the Gulf region, has announced the successful sale of its prime commercial building located on Sheikh Zayed Road. A mixed-use retail and office building, Indigo 7 enjoys excellent visibility and features 1,902 sq m of prime retail and office space. ...

Construction & Real Estate

Al Maktoum International Airport first phase work on track for 2032 opening

Dubai has confirmed that the first phase of Al Maktoum International Airport remains on track for a 2032 opening, with major construction milestones achieved and AED13 billion ($3.5 billion) in contracts underway as preparations advance for future awards worth AED55 billion ($15 billion)....

Construction & Real Estate

Azizi 'leads Dubai’s off-plan market with $400m in sales in May

Azizi Developments, a leading private developer in the UAE, has ranked first among all developers in Dubai by off-plan sales volume in May 2026, registering 1,601 transactions with a total value of AED1.46 billion ($400 million), it claimed. ...

Construction & Real Estate

Dubai's luxury off-plan homes bring $1.36bn May sales

Dubai's luxury real estate market continued to attract strong investment in May, with developers recording almost AED5 billion ($1.36 billion) in off-plan sales for homes priced above AED5 million....

Construction & Real Estate

Dubai selects preferred bidders for key packages of $22bn sewerage project

Dubai Municipality has selected preferred bidders for the first two packages of its AED80 billion ($22 billion) Dubai Strategic Sewerage Tunnels (DSST) project, said a report. The project scope includes construction of deep sewer tunnels linked to treatment units at Warsan and Jebel Ali, as well as laying of 200km of sewer links....

Construction & Real Estate

AHS Properties buys Shangri-La Hotel Dubai for $300m

UAE-based AHS Properties has announced that it has entered into a deal with Mismak Asset Management to acquire the 43-floor Shangri-La Hotel in Dubai for AED1.1 billion ($300 million) in one of the largest single-asset real estate transactions recorded in recent history. The 200-m property is located on Sheikh Zayed Road. ...

Construction & Real Estate

RTA completes 90% work on Dubai Harbour bridge project

Roads and Transport Authority (RTA) has announced that 90% of the work has been completed on a 1,500-m bridge to Dubai Harbour featuring two lanes in each direction. More than 45,000 cu m of concrete and 8,273 tonnes of steel have been used in the project....

Construction & Real Estate

RTA readies AC rest areas for delivery bike riders ahead of summer

Dubai’s Roads and Transport Authority (RTA) has confirmed the full operational readiness of air-conditioned rest areas for delivery riders ahead of the summer season. Maintenance and preparatory works have been completed across all the 40 rest areas designated for delivery riders in Dubai....

Construction & Real Estate

RTA inks deal with Jafza to advance integrated road regulation in Dubai

Dubai’s Roads and Transport Authority (RTA) has signed a co-operation agreement with Jafza to advance regulatory integration in support of regulation of roads. The pact aligns with Dubai’s vision and strategic objectives to enhance road safety and ensure the delivery of development projects as per global standards. ...

Construction & Real Estate

Dubai property demand rebounds after market trough in March

As markets await greater clarity on the direction of US-Iran talks, two constituencies are watching closely - Global investors, where a deal means lower oil prices and renewed momentum, and Dubai's real estate, where restoration of transactional confidence would back normalisation of market activity, said an expert. ...

Construction & Real Estate

Dubai real estate deals in April surge to $18.7bn

Dubai’s real estate market recorded a sharp month-on-month recovery in April, with total registered transaction value rising 20% to AED68.6 billion ($18.7 billion), said a report. The rebound marks the first decisive recovery following a temporary slowdown in February linked to the regional geopolitical uncertainty. ...

Construction & Real Estate

Dubai real estate transactions rise 20% in April to $18.68bn

Dubai’s real estate market recorded a sharp month-on-month recovery in April 2026, with total registered transaction value rising 20% to AED68.6 billion ($16.68 billion), according to a new analytical report published by Elite Merit Real Estate....