Dubai: A prime waterfront plot on the Dubai Water Canal in Business Bay has been sold for a record-breaking Dh362 million, setting a new benchmark for land transactions in the area. The deal highlights the city’s thriving property market and the continued investor confidence in Dubai’s real estate sector. Positioned along the Dubai Water Canal, the corner plot is one of the last remaining canal-front...
In a city known for its skyscrapers, traffic, and non-stop energy, Dubai Motor City stands apart as a pocket of calm. Designed for those who prefer balance over bustle, this master-planned community offers a peaceful lifestyle surrounded by greenery, walkable streets, and everyday convenience. A Neighbourhood Built for Tranquility Life in Motor City moves at a slower, more human pace....
Abu Dhabi is preparing to introduce driverless passenger pods by the end of this year, a move expected to reshape daily commuting and further enhance the city’s real estate appeal.The Urbanloop pods, first deployed at the Paris Olympics in 2024 where they transported over 30,000 passengers, are now being tested on Reem Island. Designed to withstand the UAE’s heat and dust, the pods offer flexible...
Dubai, UAE – The Dubai Rental Disputes Center (RDC) has introduced a significant legal clarification for property owners: buyers are required to pay service charges even before officially taking possession of their property if delays in handover are caused by their own actions.This new principle addresses a long-standing dispute between developers and buyers regarding responsibility for service fees,...
Etihad Rail has announced the launch of a new rail corridor that will enhance the movement of goods across the UAE, with pilot operations scheduled for the fourth quarter of 2025. The initiative aims to streamline customs processes and provide advanced logistics services between key ports and free zones. A preliminary agreement for the ‘Bonded Rail Corridor’ was signed between Etihad Rail, Abu Dhabi...
Dubai’s real estate market continued its record-breaking momentum in 2025, with sales reaching almost AED500 billion ($136.15 billion) in the first nine months alone. This marks a 33.7% increase in value and 18.5% rise in transactions compared to the same period in 2024, according to Harbor Real Estate. Strong Sales and Transactions Between January and September 2025, Dubai recorded over...
Dubai has taken another step toward its ambition of becoming the most refined and world-class city with the launch of a Civility Committee, following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.The initiative was officially announced by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy...
Wealthy Indian investors are expected to channel up to $20 billion a year into UAE assets, with real estate, tokenisation, and industrial growth driving the next wave of investment.The momentum follows updated Reserve Bank of India (RBI) guidelines under the Foreign Exchange Management Act (FEMA), which give businesses and individuals greater flexibility in overseas investments. Surge in Dubai...
Buying a home in Dubai is a dream for many, thanks to the city’s luxurious lifestyle, world-class infrastructure, and strong investment potential. But while Dubai’s property market offers great opportunities, it can also be overwhelming — especially for first-time buyers.To help you avoid costly errors, we’ve highlighted 7 common mistakes to avoid when buying property in Dubai, along with tips,...
Borrowing in the UAE is set to become more affordable as interest rates decline. Following the US Federal Reserve’s 25-basis-point cut on September 18, the Central Bank of the UAE has lowered its benchmark rate, signaling cheaper borrowing costs for residents.This development presents UAE residents with key choices: spend, save, or invest differently. Here’s what it could mean for you: 1....
