Recurring revenue from malls, hospitality, leisure, entertainment, and leasing reached Dhs2.6bn, up 11 per cent from Q1 2024 …
Dubai real estate: Property sales jump 23% in April, says Betterhomes report
Apartments dominated the Dubai real estate market, with studios and one-bedroom units accounting for more than two-thirds of all transactions …
Disneyland Abu Dhabi: Rents to increase; hotel rates to rise by up to 25%
Hotel rates in Abu Dhabi and other emirates are expected to rise by as much as 25% following the opening of Disneyland in the UAE capital, with rents and property prices also anticipated to experience …
‘No downturn expected’: Dubai’s property market will grow through 2033, says top developer
Dubai property prices market will continue to see steady growth over the next 8 years with an increase of up to 7 per cent year-on-year and the market is unlikely to see any ‘downturn’ in the near …
Abu Dhabi’s IHC and BlackRock set up $1bn reinsurance company
International Holding Company, one of the UAE’s most valuable listed companies, has partnered with the world’s biggest asset manager BlackRock to launch a $1 billion reinsurance company. The company, …
Dubai Property Snagging announces GCC expansion, reinforcing leadership in real estate quality assurance
Dubai Property Snagging, a leading name in real estate quality assurance, has officially announced its expansion into Saudi Arabia, Kuwait, and Oman. This pivotal move marks a significant milestone in …
Dubai Real Estate Market surges in April: Residential sales jump 61% YOY, office rents climb 22.4%
Dubai, UAE – Dubai’s real estate market posted exceptional results in April, with residential sales transactions reaching 17,447—an impressive 61% increase compared to the same month last year—while …
Abu Dhabi’s Disney theme park ‘good news for home owners and landlords’, experts say
Yas Island property owners can expect an increase in the value of their homes and in rents when the planned Disney theme park opens in Abu Dhabi.The park, which was announced on Wednesday, will have a …
Dubai: Emaar Development records 28% growth in property sales
Emaar Development, the UAE’s premier property developer, and a majority-owned subsidiary of Emaar Properties, on Thursday reported first quarter net profit before tax of Dh2.8 billion; an increase of …
Abu Dhabi property prices to surge following Disney theme park announcement
Disneyland ‘a gamechanger for Abu Dhabi,’ says real estate expert as Yas Island and surrounding areas are expected to see a rise in property prices …
Disney’s new Abu Dhabi theme park to cost over $10B to build — but it won’t cost the company a dollar
Disney is set to open its first new theme park in over a decade, a lavish $10 billion resort in Abu Dhabi — without investing a single dollar toward its construction. The entertainment giant …
Disney to Build a Magic Kingdom Theme Park in the Middle East
Disneyland Abu Dhabi could become a growth engine for the company in the region. It could also expose Disney and its vaunted brand to criticism.
Disney plans theme park resort on UAE’s Yas Island
Walt Disney Co. is planning a theme park resort for Abu Dhabi in the United Arab Emirates, the company confirmed Wednesday. The attraction will be on the waterfront of Yas Island, already a leisure …
Disney Is Building A New Theme Park In Abu Dhabi—Here’s What We Know
Disney will build a new theme park in Abu Dhabi in conjunction with local company Miral, the company announced Wednesday, becoming the global media giant’s seventh theme park around the world. Disney …
Court orders confiscation of Benazir daughter’s property in Dubai
DHAKA, May 8, 2025 (BSS) – A Dhaka court today ordered confiscation of property and money of former police chief Benazir Ahmed’s daughter in Dubai, a ruling to be sent to appropriate authorities in …
Emaar’s property sales grew by 42%, reaching AED19.3bln in Q1 2025, backlog increased to AED127bln
Sales Growth: Emaar achieved property sales of ~AED 19.3 billion (US$ 5.3 billion); an increase of 42% over Q1 2024 sales of ~AED 13.5 billion (US$ 3.7 billion).
Dubai developer Sobha Realty mandates banks for USD benchmark sukuk
The offering will come under Sobha Sukuk l Holding Limited’s $1.5 billion Trust Certificate Issuance Programme …