Tag: DUBAI

Construction & Real Estate

UK group completes 60pc work on Dubai aerial taxi vertiport

Roads and Transport Authority (RTA) has announced that Skyports Infrastructure, a leading UK-based company, has completed 60% of the work on the first vertical take-off and landing (eVTOL) aerial taxi vertiport, a one -of-its kind facility in the emirate, located near Dubai International Airport. ...

Construction & Real Estate

Meraas awards contract for Dubai City Walk Northline project

Meraas, a member of Dubai Holding Real Estate, has awarded a AED440 million ($120 million) contract for the development of the City Walk Northline project. The scope of work includes the construction of three premium residential buildings, which is set for completion in Q3 2027. ...

Construction & Real Estate

Big 5 Global connects international brands to region’s construction ecosystem

Bringing together participants from over 165 countries, with 70% solutions from international companies, Big 5 Global will connect Middle East, Africa and South Asia’s (MEASA) construction and urban development ecosystem to a global network of suppliers, manufacturers and technology providers....

Construction & Real Estate

Emirates REIT announces interim dividend of $7.5m

Equitativa (Dubai) Limited has announced that one of its key units Emirates REIT is set to distribute an interim dividend of $7.5 million or $0.023499 per ordinary share for the six-month period ended June 30. ...

Construction & Real Estate

Dubai’s Top 50 Homes competition returns

Dubai’s distinguished design and architecture competition returns for its third year, once again spotlighting the city’s most extraordinary residences, homes that define how the world’s elite live, design, and think about space....

Construction & Real Estate

Dubai's construction sector grows 8.5% in H1

The construction sector maintained a remarkable growth in Dubai, with a value addition of AED16 billion ($4.36 billion) in H1 2025, said a report....

Construction & Real Estate

Damac tops out world’s first Cavalli-branded $272m tower

Damac Properties has reached a key construction milestone with the topping out of the Cavalli Tower, its AED1 billion ($272 million) ultra-luxury residential development and the world’s first tower with interiors designed by iconic Italian fashion house, Roberto Cavalli. ...

Construction & Real Estate

Major plans to make Dubai 'most liveable' city approved; $5bn for parks project

A series of plans and policies to help make Dubai one of the world’s most beautiful, most liveable, and healthiest cities have been approved by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai....

Construction & Real Estate

Emirates Developments unveils Hilton Residences JLT

Emirates Developments, in partnership with Hilton, has announced the official launch of Hilton Residences, Jumeirah Lakes Towers (JLT) - a landmark 38-floor residential tower offering branded luxury living in Dubai....

Construction & Real Estate

Refine announces $4.9bn project pipeline in Dubai

Refine, the UAE’s leading property development management company, has announced a new pipeline of developments in Dubai with a combined gross development value (GDV) exceeding AED18 billion ($4.9 billion). ...

Construction & Real Estate

Carlyle announces big Dubai launch with 32-storey mixed-use tower

Leading developer H&H has announced the launch of The Carlyle Residences Dubai, marking the brand’s first-ever residences outside New York. Set within a 32-storey mixed-used tower, it offer 40 private apartments ranging from two- to five-bedrooms....

Construction & Real Estate

Cars24 to set up major auto hub at National Industries Park

Cars24, a unicorn startup that operates a digital platform for buying and selling used vehicles, is set to build a major automotive refurbishment facility over a 220,000 sq ft area within National Industries Park (NIP) in Dubai. Work will begin next month with operations starting in August 2026. ...

Construction & Real Estate

Idealist Real Estate enters strategic crypto payment deal for Dubai projects

Idealist Real Estate, a Dubai-based luxury property company, has entered a strategic partnership with Citi Developers to integrate institutional-grade crypto payment technology into real estate transactions, through Xerime DMCC, reinforcing the emirate’s positioning as the most advanced regulated jurisdiction for virtual assets globally....

Construction & Real Estate

Ritchie Bros. powers the year end, fueled by record Q3 EMEA sales

Ritchie Bros., a global asset management and disposition company, builds momentum ahead of its End-of-Year campaign, riding the strong engagement generated during its Super September Q3 campaign across key equipment sectors in Europe, Mideast and Africa. ...

Construction & Real Estate

Symbolic unveils 108-unit residential development in Dubai

UAE-based Symbolic Developments has announced the launch of its latest residential project, Symbolic Altus, located in Liwan, Dubai. It features 108 fully furnished apartments with a mix of one- and two-bedroom units and other amenities. ...