Dubai's ultra-luxury real estate market is experiencing robust growth, driven by strong demand and limited supply. In 2024, sales of villas and apartments priced above AED 15 million reached AED 71 billion for the second consecutive year, marking a 688% increase since 2015. Despite over 326,000 properties under construction, only 16,500 fall into the luxury or ultra-luxury category, with 72% of these in...
A premier office space in Dubai's Burj Khalifa is on the market for $12.2 million, drawing attention from Gulf family offices and international investment funds. The 6,073-square-meter shell and core space offers 360-degree views of the city and remains unoccupied, allowing future owners to customize the interior. This listing coincides with a surge in Dubai's commercial real estate market, which saw 9,038...
The UAE has introduced the 'Blue Residency' visa, a 10-year permit granted to individuals who have made exceptional contributions to environmental protection and sustainability. This initiative aims to attract global talents in fields such as marine life conservation, air quality improvement, and green technology. Eligible individuals include members of international organizations, NGOs, award-winning...
The Roads and Transport Authority (RTA) in Dubai has completed significant upgrades to Kite Beach Street in Jumeirah, expanding it from one lane in each direction to two lanes in the same direction. This development has reduced travel time during peak hours from 15 minutes to just 5 minutes. Additionally, the RTA has introduced extra parking spaces to accommodate visitors, aiming to alleviate congestion...
Dubai's Roads and Transport Authority (RTA) has unveiled plans for the RailBus system, an innovative, solar-powered mass transit solution designed to enhance connectivity in areas like Karama, Al Barsha, and Deira. This autonomous, eco-friendly system aims to integrate seamlessly with the existing metro network, providing efficient first and last-mile connectivity. Each RailBus carriage, constructed using...
Dubai: Whether you're evaluating whether a rent increase for your current apartment is fair or exploring a new area to understand average rental prices, the Rental Index in Abu Dhabi, Dubai, and Sharjah can help simplify the process. Managed and regularly updated by real estate or municipal authorities in each emirate, these indices reflect market trends, allowing tenants to make informed decisions and...
Investors, entrepreneurs, skilled professionals, and business financiers from around the world can now obtain a specialized visit visa to explore business opportunities in the UAE. This visa allows holders to travel to the UAE for either a single or multiple visits, depending on their eligibility and approved requirements. Read...
The demand for ultra-luxury homes in Dubai, particularly in prime and waterfront locations, surged in the first month of 2025 as affluent buyers actively acquired multi-million-dollar properties and land, according to industry experts. January's high-value transactions signal a notable shift in investor behavior, with luxury real estate increasingly recognized as a core asset class. This trend also...
The UAE has introduced the first phase of the Blue Visa, unveiling details of the 10-year residency permit at the World Governments Summit 2025 on Tuesday. In this initial phase, 20 sustainability thought leaders and innovators will be granted the Blue Visa, according to the Ministry of Climate Change and Environment and the Federal Authority for Identity, Citizenship, Customs, and Ports Security...
Traveling over water at speeds comparable to a helicopter, yet at a cost lower than a taxi fare—that's the vision of a start-up CEO aiming to introduce a groundbreaking vehicle to the UAE’s transportation network. Named Seaglider, this all-electric wing-in-ground-effect craft operates dock-to-dock along over-water routes, staying within a wingspan of the water’s surface. It merges the speed of an...