UAE
Dubai’s real estate market sees record growth amid strong demand
As developers rush to meet demand, 2025 is projected to see a 41% surge in residential handovers, adding over 42,000 new units.
Feb 03, 2025
Feb 03, 2025
As developers rush to meet demand, 2025 is projected to see a 41% surge in residential handovers, adding over 42,000 new units.
The report highlights that sales transactions totaled AED 6.5 billion across 1,730 deals, while mortgage transactions amounted to AED 3.9 billion through 756 agreements.
The report offers insights into salary expectations, benefits preferences, and workplace trends, based on a July 2024 survey of over 2,100 professionals, with 93% based in the UAE and 7% in Saudi Arabia.
Ultra-high-end residences, priced between $60 million and $120 million, are attracting affluent buyers from Europe, Asia, and the Americas.
Ooredoo plans to build a strategic undersea cable connecting Gulf Arab states to enhance data transfers between Europe and Asia.
The Federal Tax Authority (FTA) revealed that its digital VAT refund systems achieved remarkable results in 2024, driven by continuous advancements in digitalization.
The coin commemorates an important occasion and reflects the country’s cultural and economic achievements.
Minister of Economy emphasised the private sector's role as a key partner in driving national economic growth and boosting its competitiveness at both regional and international levels.
Festival will take place on February 1 and 2 at the Sharjah Research, Technology, and Innovation Park
Telecom operators in the GCC target mergers and acquisitions to expand their business and geographic footprints.
The strategy aims to fully digitize government operations, adopt sovereign cloud computing and deploy more than 200 AI solutions, driving innovation and efficiency across the emirate.
Annual report reveals government entities achieved customer happiness score of 93.8%, employee happiness score of 86.7%.
In the affordable apartment segment, Al Reem Island emerged as the top choice for buyers seeking affordable, upscale options.
Located in JLT, building will feature NFT gallery, car dealership, exclusive club and offices for crypto startups
Dubai's real estate market achieved unprecedented growth in FY2024, with total transactions exceeding AED 450 billion.
The Statistical Centre for the Cooperation Council for the Arab Gulf States reports increased labor mobility among GCC member states.
Further Ventures leads funding for Paris-based crypto wallet technology firm Dfns
UAE Minister of Industry and Advanced Technology Sultan Al Jaber calls project a significant step in transforming renewable energy into baseload power
The cash offer will be launched through ADQ's unit Q Logistics Holding at a price of 3 dirhams ($0.82) per share.
The achievement is a testament to over $11 billion in strategic investments and infrastructure development over the last decade.