Damac Properties has launched the final collection of residential units at the Damac District, introducing 600 studio and one-bedroom apartments. A key mixed use community in Dubai, Damac District offers an integrated live-work-play environment with retail, wellness, and workplaces located within proximity.
UAE developer Elevate has announced that it has awarded the piling and foundation works package for its premium development in Ras Al Khaimah - Mondrian Al Marjan Island Beach Residences - being set up at a total investment of AED1.8 billion ($490 million).
Dubai’s retail real estate market posted solid growth in 2025 with its sales transactions surging 50% year-on-year to hit AED4.6 billion ($1.2 billion), said a property expert. Around 1,450 sales deals were secured last year, up 7.6% over 2024 – with the off-plan sector accounting for more than half of them.
UAE-based Azizi Developments has announced that it has awarded a structural steel construction contract worth AED1.1 billion ($299 million) to the globally-renowned Eversendai Corporation Berhad based in Malaysia for its mixed-use skyscraper Burj Azizi project.
The northern emirate of Ajman has recorded a notable increase in the number of real estate valuation transactions during the first quarter of this year, with growth reaching 63%, totalling AED2.92 billion ($795 million) across 961 transactions, said a report, citing a senior government official.
UAE-based Al Ghurair Development has announced that it has signed up top global practice Pelli Clarke & Partners as the lead masterplan design architect for its large-scale transit-connected, mixed-use masterplan community in Al Jaddaf, Dubai.
Saudi Arabia awarded over SR15.6 billion ($4.2 billion) in contracts in March, up about 458 percent from February, marking the sector's strongest activity this year.
Abu Dhabi's Metal Park has announced the launch of 25,000–30,000 metric tons per month of new cut-and-bend rebar capacity starting in Q2 2026, equivalent to roughly 10–12% of the UAE’s total monthly consumption.
For more than a decade, the telecommunications industry has been defined by a single metric: speed. In Saudi Arabia’s rapid digital transformation, speed served as the initial catalyst - connecting cities, enabling services, and laying the foundation for a modern, connected economy.
Luxury property developer Sobha Realty has announced its foray into the Abu Dhabi market with the unveiling of its master-planned community - Sobha City. Spanning 38 million sq ft, it is envisioned as a 'City within a city' featuring a range of residences along with a 2-km waterfront promenade and integrated marina destination.
