The Dubai Land Department has reported that sales of off-plan properties at this year’s Cityscape Global surged to more than Dh870 million ($237 million), with a steady stream of sales expected in the coming month on the back of the event’s success The region’s largest real estate and...

Reign Holdings, a Dubai-based global business conglomerate, has announced plans to invest up to $1 billion in the region’s real estate sector through its development arm Arthur & Hardman. It will focus on developing fully integrated world-class lifestyle communities that meet the gamut of...

The UAE emirate of Dubai has secured a spot on the list of the most attractive cities, taking the 23rd spot among 44 major cities. The Global Power City Index (GPCI) 2017 report, published by The Mori Memorial Foundation’s Institute for Urban Strategies, showed London in the lead, followed...

Master developer Nakheel has awarded a Dh165 million ($44 million) contract to UAE-based APCC Piling and Contracting for construction of six marinas in Deira Islands that can accommodate 614 boats and 60-m-long yachts. The construction will begin in the fourth quarter of 2017, with phased...

Up to 6,303 factories have been running investments worth more than Dh103.1 billion ($28 billion) in the UAE until the end of 2016, a senior government official said. "The food and beverage industry accounts for 30 per cent of the total volume of the country's industrial sector followed by the...

We have listed the cheapest residential areas based on brackets defined by the official Rera Rental Increase Calculator.The areas are listed based on the lowest rental brackets for studio apartments in annual rent (Dhs). The table below also shows the rent ranges for one-bedroom and two-bedroom...

UAE residents' expenses are projected to hit a combined Dh712.1 billion this year, an increase of nearly one per cent over the previous year, with a lion's share going to housing, food and beverages and transportation, according to latest data released by Euromonitor International. "Despite...

Eagle Hills Diyar, developer of the urban waterfront project Marassi Al Bahrain, has signed up with Dubai's Emaar Entertainment to bring a bumper family entertainment centre to its Marassi Galleria shopping and lifestyle destination in Bahrain. The 13,200-sq-m centre marks the first major...

Standard & Poor’s has forecast Abu Dhabi GDP to rise to Dh850 billion ($231.3 billion) and Dh890 billion ($242 billion) at current prices in 2017 and 2018 respectively, attributing the growth to the momentum witnessed by the oil and non-oil sectors since the beginning of this year. The...

Reasons for boredom include the lack of interesting work and challenges Employees in the UAE spend an average of five hours per weeks “bored” at work, mainly because of the lack of anything “interesting” to do, according to new research from recruitment firm Robert Half UAE. The...