Business

The Abu Dhabi Family, Civil and Administrative Court has ordered an employee of a real estate company to repay Dh437,464 to his employer, along with Dh100,000 in material and moral damages. The company filed a civil lawsuit seeking repayment of the embezzled funds plus compensation, court fees, and legal expenses, after the employee was previously convicted by the Abu Dhabi Misdemeanor Court for...

Dubai, UAE — Barco Developers, a newly established UAE-based real estate firm founded by industry veterans with more than 25 years of experience in real estate, finance, consulting, F&B, and manufacturing, has officially entered the UAE property market. The company plans to deliver over 2 million square feet of low- to mid-rise residential communities across Dubai and Ras Al Khaimah. Leveraging a...

PRYPCO Mortgage has closed one of the Middle East’s largest single-ticket retail mortgage deals, valued at Dhs94.5 million—ranking among the top three mortgage transactions in Dubai’s real estate market over the past five years. Since its launch, the company has arranged Dhs9.67 billion in mortgage transactions up to June this year, cementing its position as one of the fastest-growing mortgage...

Dubai’s property market defied the typical summer lull in July, with rental activity surging as families and professionals relocated ahead of the new academic year, according to Dubai Land Department (DLD) data. The total value of property sales transactions climbed 17% month-on-month to AED 51.67 billion ($14.1 billion), while transaction volumes rose 21% from June and 26% compared to July...

Barco Developers, a newly launched UAE-based real estate firm founded by industry veterans with more than 25 years of combined expertise in real estate, finance, consulting, F&B, and manufacturing, has announced its official entry into the UAE property market. The company plans to deliver over 2 million square feet of low- to mid-rise residential communities across Dubai and Ras Al Khaimah. With a...

The launch of Etihad Rail marks a pivotal moment for the UAE—one that promises transformative benefits for real estate, tourism, trade, and the economy at large. This cutting-edge rail network will redraw the nation’s connectivity map, opening new corridors and reshaping how people and businesses move and interact across the Emirates. Firas Al Msaddi, CEO of fäm Properties, one of the UAE’s...

Firas Al Msaddi, CEO of Fäm Properties, views Etihad Rail as more than a transport project—it’s the catalyst for a new wave of economic corridors, reshaping real estate value and unlocking fresh opportunities across the UAE. According to Al Msaddi, the national rail network will redefine the UAE’s economic map by enhancing connectivity, slashing travel times, and fuelling genuine demand in...

Dubai, UAE — Arada, one of the UAE’s fastest-growing developers, reported a significant surge in property sales during the first half of 2025, fueled by strong investor appetite for premium residential real estate. The company recorded AED 9.2 billion ($2.5 billion) in sales between January and June, marking a 336% year-on-year increase. Arada sold 2,382 units, up 247% compared to the same period...

The UAE’s real estate market has long symbolized innovation and ambition—but 2025 marks a pivotal evolution. The focus has shifted from extravagance to intentionality, driven by investors who are more analytical, lifestyle-conscious, and sustainability-focused than ever. Today’s buyers are asking deeper questions. They seek properties that blend flexibility, community, and tech-enabled...

ARMANI ON THE BEACH – The Giorgio Armani Group is expanding its lifestyle portfolio with the launch of Armani Beach Residences Ras Al Khaimah, marking the debut of the world’s first Armani-branded beach villas. In a landmark collaboration with RAK Properties and SIE Group, this exclusive development will be located on Raha Island—a serene bay within Mina Al Arab, Ras Al Khaimah’s flagship...