Real Estate

Shaping the Future: UAE Real Estate Adapts to Global Investor Demands

The UAE’s real estate market has consistently thrived on change, evolving from early development phases into one of the world’s premier investment hubs. Its defining strength lies in its adaptability—aligning with shifting global wealth trends and the growing expectations of high-net-worth (HNWI) and ultra-high-net-worth (UHNWI) investors. Far beyond bricks and mortar, the sector positions itself...

Drake & Scull Wins $381 Million in New Contracts, Expands into Dubai Commercial Real Estate

DFM-listed Drake & Scull International (DSI) announced on Tuesday that it secured AED 1.4 billion ($381 million) in new contracts during the first half of 2025. The awards include a flagship AED 1 billion project in the UAE, the AED 215 million North Balqa Wastewater Treatment Plant in Jordan, and a AED 169 million water treatment facility in Maharashtra, India. Alongside these wins, the...

Emaar Properties Reports 34% Surge in Net Profit as UAE Real Estate Market Booms

Emaar Properties, Dubai’s largest listed developer, posted a 34% year-on-year rise in first-half net profit as strong property sales and diversified revenues fuelled growth. Net profit from January to June climbed to Dh10.4 billion ($2.8 billion), the company said in a filing to the Dubai Financial Market. Revenue grew 38% annually to Dh19.8 billion, supported by strong performance across its...

UAE Court Orders Real Estate Employee to Repay Dh437,000 After Embezzlement Ruling

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...

Barco Developers Launches in UAE with Plans for 2M+ Sq. Ft. of Community-Focused Residences

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 Secures Dhs94.5m Retail Mortgage, Among Region’s Largest

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 Rental Market Defies Summer Slowdown as Families Relocate Before School Year

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 Debuts in UAE with 2 Million Sq Ft Residential Projects

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...

Travel With Etihad Rail: A New Era For UAE Tourism, Real Estate, And Economic Growth

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...

Etihad Rail: Driving a New Era for UAE Real Estate and Economic Growth

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...

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