Union Properties PJSC has announced the launch of Mirdad, a significant residential project in Motor City, Dubai, with an investment of Dh2 billion. This development follows the success of their previous project, Takaya, and aims to cater to the evolving lifestyle needs of Dubai’s residents. Project Overview Mirdad spans an impressive 356,931 square feet and…
Apparel Group, a prominent player in the fashion and lifestyle retail sector, has taken a significant step into the real estate market with the launch of Kora Properties. This new venture reflects the company’s strategy to diversify its portfolio and respond to the increasing demand for high-quality properties in the UAE, a region renowned for…
Aldar Properties has demonstrated impressive financial performance in the first nine months of 2025, showcasing a robust increase in profits and development sales. The company’s results reflect a strong demand in the UAE real estate market, driven by both local and international buyers. Financial Highlights Aldar’s net profit after tax reached Dh6.0 billion, marking a…
Binghatti Holding Ltd has announced impressive financial results for the first nine months of 2025, showcasing a significant increase in profitability and sales. The company’s performance reflects the ongoing strength of Dubai’s real estate market, marked by accelerated sales and timely project completions. Financial Highlights Binghatti reported a remarkable 145% increase in net profit, totaling…
Tenants in Dubai are experiencing a welcome shift in the rental market, with some neighborhoods becoming more affordable. As demand stabilizes and new supply enters the market, renters can now find better options without the fear of rising costs. Rental Market Overview According to Bayut’s Dubai Property Market Report for Q3 2025, rental prices for…
In just one year since its inception, TruBroker has made significant strides in the UAE real estate market, enhancing trust and credibility among agents and clients alike. Launched in late 2024, this initiative has transformed the landscape of property transactions in the region, setting new standards for professionalism and accountability. The Evolution of TruBroker TruBroker…
A new partnership between the Abu Dhabi Real Estate Centre (ADREC) and the Etihad Credit Bureau (AECB) aims to transform the property sector in Abu Dhabi by improving data sharing and risk assessment. This collaboration was announced during GITEX Global 2025 and is set to provide valuable insights for investors, developers, and property managers. Improved…
In a recent decision by the Sharjah Executive Council, tenants in the emirate can benefit from significant fee exemptions for unregistered lease contracts. This initiative, led by Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, aims to ease the financial burden on tenants and encourage compliance with new property leasing regulations. Details of the Exemption…
Abu Dhabi Global Market (ADGM) has launched a new suite of digital real estate services aimed at improving transparency and efficiency in the property sector. This initiative reflects the region’s commitment to fostering a robust and competitive real estate market while enhancing investor confidence. New Features to Boost Transparency and Efficiency The expanded digital services…
As Dubai approaches 2026, its rental market is evolving towards a more stable and balanced environment. While rents are projected to rise, the pace of these increases is expected to be more moderate compared to the rapid growth seen in recent years. This shift presents both tenants and landlords with new opportunities for negotiation and…