Gulf Land Property Developers has completed a bulk transaction valued at AED150 million ($40.84 million) for 41 units at Tonino Lamborghini Residences Dubai, underscoring continued investor confidence in Dubai’s real estate market despite softer sentiment across parts of the wider region.
Jamal Living has announced plans for a new residential development in Al Barsha, marking its latest step in a growth strategy defined by on-time delivery and a focus on build quality.
UAE developer Palmridge has signed up real estate expert JLL to deliver project and cost management services on its new residential project - Villea West - in Jumeirah Garden City, Dubai. Set for 2027 completion, the project comprises 229 furnished apartments with a mix of studios and one-bedroom units.
Dubai's residential real estate market recorded more than 57,300 sales between January and April 2026, with transactions in the off-plan sector rising 3.3% year-on-year, says leading real estate advisory and property consultancy Cavendish Maxwell.
Dubai Gold District and the Dubai Deira Cluster of Hotels, managed by Valor Hospitality Partners, have launched the “Department of Family Golden Moments,” an internal initiative focused on emotional hospitality, human connection, and creating memorable guest experiences.
Drake & Scull International, in a strategic partnership with luxury developer Prestige One Developments, has officially started work on the Majan Project. Located in one of Dubai's fastest-growing districts, the Majan Project is set for completion in the first quarter of 2028.
Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has awarded the main construction contract worth over AED700 million ($191 million) for its prime residential community in Dubai - Distrikt Ghaf Woods - to Al Sahel Contracting, a part of the Al Nabooda Group.
Sarwa, one of the GCC’s leading investment and personal finance platforms, has announced that it has crossed $1 billion in client assets, becoming the first UAE-founded FinTech platform to reach this milestone. Founded in the DIFC, Sarwa was an early mover shaping the region’s FinTech sector.
RateGain, an AI travel SaaS provider, reports Dubai hotel demand is recovering after a sharp March–May decline. Levels have risen from 7%–14% and are expected to stabilise, reaching 20%–30% of pre-disruption demand by summer.
Dubai Financial Market (DFM) said its consolidated revenues for the first quarter reached approximately AED253.1 million ($68.91 million), compared with AED186.5 million during the same period in 2025.
