A luxury apartment in Dubai has been sold off-plan for AED422 million ($114.91 million), and the deal has been hailed as powerful sign of confidence in the city’s real estate market, and security in the UAE.
Iran has stepped up its attacks on US diplomatic missions in the Gulf, with a drone strike reported near the US Consulate in Dubai late last night. Meanwhile, Qatar said it busted two cells operating for Iran in the country.
Big Bad Wolf Books Dubai 2026, claimed to be the world’s largest book fair, continues to welcome visitors including families, students, and book lovers at the Sound Stage in Dubai Studio City, organisers said.
Private developers, holiday home operators and sections of the hospitality industry in Dubai are expanding free accommodation offers to stranded passengers as flight cancellations and regional airspace closures continue to disrupt travel across the Gulf.
All terminals at Jebel Ali Port in Dubai are operating normally, said DP World, a leading provider of smart end-to-end logistics solutions and the port operator. Jebel Ali is the largest port in the Middle East, serving as a critical gateway for trade across Asia, Europe, Africa and the Americas.
The UAE’s real estate market is one of the Gulf’s most resilient markets and is able to absorb geopolitical shocks thanks to its diversified investment base and openness to global capital flows, according to an expert.
The Government of Dubai has confirmed that firefighting teams successfully extinguished the fire that broke out on a huge Kuwaiti oil tanker after an Iranian drone attack off Dubai waters early on Tuesday.
Neoterra Developments, a Dubai-based real estate developer focused on creating premium residential communities, has commenced construction of Elmora at Jumeirah Garden City with a groundbreaking ceremony.
UAE-based Azizi Developments said it has achieved a key milestone with the simultaneous handover of its prime projects - Riviera 69 and Beachfront I - featuring a total of 667 residences within its flagship French Mediterranean-inspired waterfront community Azizi Riviera in MBR City, Dubai.
Japan's industry ministry has asked domestic wholesalers to switch to Brent crude oil pricing from the Dubai benchmark when setting gasoline prices, in an attempt to contain price increases, according to a document seen by Reuters.
