Dubai's economy continued its strong growth trajectory in 2025, with gross domestic product (GDP) at current market prices rising to an estimated AED972 billion ($264.67 billion) from AED890 billion in 2024, according to preliminary estimates released as the Dubai Data and Statistics Establishment (DDSE) launched the Dubai Economic Survey 2026.
Dubai’s Roads and Transport Authority (RTA) has implemented a package of rapid traffic solutions on Ras Al Khor Road and Al Khail Road, including the addition of new lanes and the upgrade of entry and exit points on both roads. The improvements have boosted road efficiency by 20%.
Dubai-based investment firm Shamal Holding has announced the unveiling of "The Grand", a retail and lifestyle destination at its Nad Al Sheba Gardens development, with the project fully leased ahead of its phased opening from August 19.
Dubai-based Nikki Bisiker Design Studio has completed its design scope as interior design and interior architecture consultant for an ultra-luxury private villa in Al Barari. The new-build residence spans a basement, ground level, first floor and terrace, with a built-up area of over 24,000 sq ft.
DC Aviation Al-Futtaim (DCAF) has secured CAR-145 maintenance approval from San Marino’s Civil Aviation Authority, expanding its maintenance, repair and overhaul (MRO) capabilities at Dubai’s Al Maktoum International Airport and enabling support for T7-registered private and commercial aircraft.
The UAE's office market remained undersupplied during the second quarter of 2026, driving double-digit rental growth in both Dubai and Abu Dhabi despite a challenging macroeconomic backdrop and ongoing regional disruptions, according to real estate expert CBRE.
Dubai has unveiled a packed August 2026 summer calendar featuring shopping offers, dining experiences, indoor sports and live entertainment. Dubai Summer Surprises continues to drive citywide retail, leisure and family activities through August 30.
Object 1, a leading UAE developer, has announced the completion of its second project, V1TER Residence, a residential development located in District 12 of Jumeirah Village Circle (JVC) in Dubai. Rising 25 storeys, it comprises 175 apartments, including studios, one-, two- and eight three-bedroom homes.
Al Seeb Real Estate Development has awarded the main construction contract for The Chedi Private Residences, a $200 million tower on Sheikh Zayed Road in Dubai. Set for completion in Q1 2029, the 117-unit residential tower features a mix of villas, duplexes and mansions.
UAE-based developer GRID has officially broken ground on its premium residential development - Enchanté by GRID - within the Arjan community in Dubai. Set for 2028 handover, the key project features a mix of studios, one- and two-bedroom residences alongside retail space.
