Tag: Dubai

Construction & Real Estate

Dubai launches trial operation of Glydways automated transit system

Roads and Transport Authority (RTA) has launched the trial operation of the Dubai Glydways automated transit system at a premium retail destination in the emirate - Bluewaters. The system uses autonomous electric vehicles supported by artificial intelligence technologies, operating on dedicated guideways. ...

Construction & Real Estate

S&P assesses impact of Middle East war on Dubai property market

Dubai's residential real estate market has seen a significant drop in transaction volumes as a result of the Middle East war. However, specific segments of the market are now experiencing a price correction, albeit a moderate one, according to S&P Global Ratings. ...

Construction & Real Estate

Danube partners with Shah Rukh Khan for new residential project

The UAE-based Danube Properties has announced the next chapter of its iconic partnership with Bollywood superstar Shah Rukh Khan with the launch of Shahrukhz Residences by Danube - a landmark fully-furnished waterfront residential tower in Dubai Maritime City....

Construction & Real Estate

Dubai off-plan sales remain robust as Q3 transactions hit $25.3bn

The Dubai real estate market recorded 37,429 sales transactions worth AED92.9 billion ($25.3 billion) in Q3 as primary sales from developers continued to outpace resales, and the rental sector remained on track to set an all-time record, said a report, adding Dubai South lead the off-plan sales for seventh consecutive month. ...

Construction & Real Estate

Dubai set for new sports, lifestyle destination launch

Dubai is set to welcome Club 15, a new 15,000 sqm sports and lifestyle destination at Al Quoz this month. Founded by Lebanese basketball legend Fadi El Khatib, it brings professional-level sport, training, recovery, wellness, family activities, hospitality and social spaces together under one roof. ...

Construction & Real Estate

Etihad Rail putting UAE’s property market on a new track, says expert

Etihad Rail’s launch of passenger services between Abu Dhabi, Dubai and Al Dhaid in Sharjah could give a fresh boost to property markets in the UAE capital along the route, putting communities near current and future stations in the spotlight, a leading UAE real estate agency said. ...

Construction & Real Estate

Azizi signs up Kone for 725-m landmark Dubai tower project

UAE-based Azizi Developments has signed an agreement with Kone, a global leader in the elevator and escalator industry, to engineer and deliver the vertical mobility system for its 725-m landmark Burj Azizi development on Sheikh Zayed Road, which, on completion, will become the world’s second-tallest tower. ...

Construction & Real Estate

RTA completes traffic expansion project at major Dubai street

Dubai’s Roads and Transport Authority (RTA) has completed a traffic expansion in Al Mizhar 4, spanning more than one kilometre from Tunis Street towards Amman Street. A third lane was added to the existing two, boosting capacity by 50% while improving traffic flow in the area. ...

Construction & Real Estate

Developers hold off-plan pricing steady while sales volumes adjust

Dubai's developers have largely held their off-plan prices steady through 2026 in the face of adjustments in sales volumes and absorption rates, said a new report, adding that pricing has begun to decide how quickly projects sell out. ...

Construction & Real Estate

Etihad Rail launches Dubai services linking Abu Dhabi and Fujairah

The UAE's national passenger rail network enters a major new phase on Wednesday with the launch of Etihad Rail services linking Abu Dhabi, Dubai and Fujairah, giving travellers a new intercity alternative to road transport and bringing Dubai into the country's rapidly expanding passenger rail system....

Construction & Real Estate

Key Mavens Group's premium retail destination on track for Q4 completion

Key Mavens Group, a UAE-based boutique luxury developer, said work is in full swing on its community retail destination, Le Meryeme - Liwan, in Dubai with the project on track for Q4 completion. It features a Spanish-inspired architectural design defined by open layouts, outdoor courtyards and shaded terraces. ...

Construction & Real Estate

DEWA completes $2.7bn refinancing of Noor Energy 1

Dubai Electricity and Water Authority (DEWA) has completed the $2.7 billion refinancing of Noor Energy 1 ahead of schedule. The 950MW project, part of the Mohammed bin Rashid Al Maktoum Solar Park, combines CSP, parabolic trough and photovoltaic technologies with up to 15 hours of thermal storage....

Construction & Real Estate

RTA, DIEZ launch Dubai Mobility Labs for autonomous transport testing

Dubai’s Roads and Transport Authority (RTA), in cooperation with the Dubai Integrated Economic Zones Authority (DIEZ), has inaugurated Dubai Mobility Labs at Dubai Silicon Oasis to test and certify autonomous and future mobility technologies. ...

Construction & Real Estate

PALACE GROUP to deliver luxury Dubai beachfront mansions by 2027

UAE-based PALACE GROUP said work is moving at a steady pace on its premium beachfront mansions in Dubai that are track for handover by 2027. The group is further expanding its portfolio with a collection of mansions at Dubai Hills Estate and Aya, a boutique residential project in Jumeirah Garden City. ...

Construction & Real Estate

Dubai records 335 sales of $10m+ homes in first eight months, says report

Dubai's real estate sector recorded 335 sales of residences valued at over $10 million in the first eight months of 2026, underlining the city’s position as one of the world’s top luxury residential markets, said a report. Palm Jumeirah retained its position as a hot favourite for high-end property investors. ...

Construction & Real Estate

Emaar unveils new ultra-luxury, high-rise waterfront project in Dubai

Dubai master-developer Emaar Properties has announced the launch of its new ultra-luxury, high-rise waterfront development - Address The Bay at Emaar Beachfront - in the heart of Dubai Harbour. Set to open in 2027, the 182-key hotel will bring a new five-star stay to one of Dubai’s most sought-after waterfront addresses....

Construction & Real Estate

Amwaj's premium Meydan residential developments on track

Amwaj Development, a leading Dubai real estate developer, has announced that work is moving at a steady pace on two of its premium residential developments in Meydan with The Cube Residences now 50% completed and Gate Eleven reaching 35% project completion. ...

Construction & Real Estate

Dubai sees summer shift as tenants switch homes for lower rents

The Dubai real estate market has witnessed a clear shift during the summer months as hundreds of tenants moved home to take advantage of new leases reducing annual rents by up to 15%. The new leases exceeded renewals by 2,139 contracts in August, said a new report. ...

Construction & Real Estate

Dubai records $29.3bn in completed real estate projects in H1

Dubai’s real estate sector continued to expand during the first half of 2026, with 104 projects completed at a total investment value of more than AED111 billion ($29.3 billion), thus adding 24,537 new units to the market, according to a new report. ...