UAE-based luxury project developer Damac Properties has capped off a strong Q1 performance, emerging as the market leader in March. With AED3.12 billion ($849 million) in sales across 1,106 transactions, Damac reinforces its dominant market position, said its top official.
Dubai’s Roads and Transport Authority (RTA) has awarded a contract for the development of three integrated truck rest areas in partnership with the private sector. The facilities span a total area of over 210,000 sq m, with a combined capacity for 490 trucks and heavy vehicles.
Investors have secured four ultra-prime waterfront mansions and more than half of the luxury apartments at The Ritz-Carlton Residences at Keturah Resort, the Middle East’s first fully wellness-certified resort in Dubai.
UAE-based Mira Developments has unveiled Richmond District, a new branded residential development within the Al Furjan community in Dubai, that brings together five residential towers, an office tower and a shared podium designed around water, wellness and everyday convenience.
Dubai’s Roads and Transport Authority (RTA) has announced the launch of sidewalk maintenance and rehabilitation works across the emirate, covering a total area of 90,000 sq m in line with approved preventive maintenance plans for 2026.
Mashreq Bank, one of the leading financial institutions in the MENA region, has delivered a strong first-quarter performance, with operating income growing to AED3.4 billion ($925.8 million) and net profit before tax increasing to AED2.3 billion ($626.28 million).
Dubai has moved to further ease residency access for foreign property investors, updating rules to make visa eligibility more flexible.
Citi has announced senior leadership appointments across its Banking & International franchise, effective August, with roles based between London and Dubai.
The Dubai real estate market recorded 47,996 sales transactions worth AED176.7 billion ($48.11 billion) in Q1 2026, a 5.5% year-on-year increase in volume and a 23.4% rise in value, as the property sector showed strong resilience in March.
Premier Inn Middle East is introducing dog-friendly stays at selected hotels in Dubai, making it easier for guests to travel, relocate, or simply enjoy a staycation without leaving their beloved dog at home.
