Jeddah Tower, Saudi Arabia's ambitious supertall skyscraper, has reached a significant construction milestone, now standing at 430 metres—over 40% of its planned height exceeding 1,000 metres . This progress positions the structure to challenge Dubai's iconic 828-metre Burj Khalifa for the title of the world's tallest building, with completion targeted for 2028 . At...
Modon Holding has announced a robust financial performance for the first half of 2026, recording a net profit of Dh2.2 billion and record property sales totalling Dh26 billion. With revenue increasing 40% year-on-year to Dh9.2 billion, the government-backed developer continues to demonstrate exceptional growth, driven by the record-breaking launch of Hudayriyat Golf Estates...
Dubai is home to some of the world's most iconic residential communities, but few have captured the attention of homebuyers and investors quite like The Valley by Emaar. Combining contemporary architecture, expansive green spaces, family-focused amenities, and the trusted quality of Emaar, The Valley has quickly become one of the most desirable villa communities in Dubai. Whether you're searching...
Dubai's residential real estate market experienced a notable recalibration in Q2 2026, marked by a multi-year high in property handovers coinciding with a sharp slowdown in new project launches. Developers introduced only 5,335 new residential units in Q2—a steep decline from over 45,000 units in Q1—signalling a strategic shift toward consolidation, delivery, and...
Modon Properties has reported the complete sell-out of the final phase of its Bashayer waterfront community on Hudayriyat Island, generating approximately AED 1.25 billion in sales. All 300 residences in this phase were acquired within 24 hours of launch, with 71% of buyers being new customers—underscoring robust demand for premium residential projects in Abu Dhabi's emerging...
Sobha Realty is set to achieve a new benchmark in Dubai's residential market, targeting the handover of 6,819 homes in 2026—its largest annual delivery schedule to date. With a pipeline valued at AED 21.6 billion across five developments, the announcement comes as Dubai's property sector increasingly prioritises developer delivery reliability and project completion certainty. Sobha...
Dubai's real estate market has delivered a powerful signal of resilience in June 2026. Ready-home transactions surged by 46.8% month-on-month, marking the strongest single monthly transaction spike observed in three years. This remarkable rebound demonstrates that buyers are actively capitalising on current price normalisation, reinforcing the solid fundamental demand anchoring Dubai's property...
As tensions between the US and Iran escalate, Dubai's real estate market has experienced a period of adjustment. Transaction volumes have slowed, prices have seen modest corrections, and investors have adopted a more cautious stance. However, a closer look at the data reveals a more nuanced picture—one of resilience, selective opportunity, and structural strength that continues to distinguish Dubai from...
Aldar Properties has announced the launch of Yas Point, a Dh6 billion ($1.63 billion) waterfront destination on the northern shore of Yas Island. Spanning 600,000 square metres and featuring 1,600 branded residences, a five-star resort hotel, an international school, retail, dining, and leisure facilities, Yas Point marks one of Abu Dhabi's largest integrated real estate...
The United Arab Emirates has officially launched a nationwide Tenant Credit Score service through the Etihad Credit Bureau (ECB), giving landlords and property managers across all emirates a powerful tool to assess the financial reliability of prospective tenants. This federal initiative, available via the ECB mobile app and requiring tenant consent through UAE PASS, marks a significant step...