Sharjah has announced a series of projects to construct and develop internal and main roads linking the emirates of Sharjah and Dubai at a cost of AED750 million ($204.22 million).
New real estate projects worth AED1 trillion ($272.29 billion) will be launched or developed in Dubai within the next five years, says W Capital, a real estate brokerage firm.
Equitativa, a top REIT manager in the Gulf region, has announced the successful sale of its prime commercial building located on Sheikh Zayed Road. A mixed-use retail and office building, Indigo 7 enjoys excellent visibility and features 1,902 sq m of prime retail and office space.
Dubai has confirmed that the first phase of Al Maktoum International Airport remains on track for a 2032 opening, with major construction milestones achieved and AED13 billion ($3.5 billion) in contracts underway as preparations advance for future awards worth AED55 billion ($15 billion).
Dubai’s Roads and Transport Authority (RTA) has approved the five-year plan 2026–2030, covering the construction of 31 pedestrian bridges and tunnels across key locations in Dubai.
Azizi Developments, a leading private developer in the UAE, has ranked first among all developers in Dubai by off-plan sales volume in May 2026, registering 1,601 transactions with a total value of AED1.46 billion ($400 million), it claimed.
Dubai's luxury real estate market continued to attract strong investment in May, with developers recording almost AED5 billion ($1.36 billion) in off-plan sales for homes priced above AED5 million.
Dubai Municipality has selected preferred bidders for the first two packages of its AED80 billion ($22 billion) Dubai Strategic Sewerage Tunnels (DSST) project, said a report. The project scope includes construction of deep sewer tunnels linked to treatment units at Warsan and Jebel Ali, as well as laying of 200km of sewer links.
UAE-based AHS Properties has announced that it has entered into a deal with Mismak Asset Management to acquire the 43-floor Shangri-La Hotel in Dubai for AED1.1 billion ($300 million) in one of the largest single-asset real estate transactions recorded in recent history. The 200-m property is located on Sheikh Zayed Road.
McG’s by McGettigan’s Al Barsha, a favourite neighbourhood hangout in Dubai, has launched McG’s Inner Circle, a new membership programme offering a range of exclusive lifestyle benefits and experiences.
