January 2024

Dubai’s Salik announces two new toll gates on major routes to ease traffic

Scheduled to commence operations in November 2024, the new toll gates will raise Salik's total count in Dubai from eight to ten. Salik Company PJSC, the exclusive toll gate operator in Dubai, has been tasked by the Roads and Transport Authority (RTA) with the installation of two new toll gates to alleviate congestion and optimize traffic flow on crucial routes within the city. The two additional toll...

Expo City announces new Sky Residences

With handovers slated for the third quarter of 2026, the apartments offer breathtaking views and start at AED1.79 million in price. Expo City Dubai's premier developer, Master Developer Expo City, has unveiled the introduction of Sky Residences, featuring one- to three-bedroom apartments, within the flourishing Expo Central communities. Situated in the core of Expo City, Sky Residences is among three...

Dubai property prices could rise 5-10% this year: Damac CEO

Dubai's real estate market is anticipated to experience price increases ranging from 5-10 percent in the year 2024, according to Hussain Sajwani, the head of Damac Properties, one of the city's major real estate developers. Sajwani shared his insights during the World Economic Forum in Davos, stating that he expects the market to remain robust without a correction for the next two...

A Dubai Penthouse Larger Than the White House Lists for AED 600 Million

An unparalleled opportunity has emerged for high-net-worth individuals seeking opulence on an unprecedented scale, as Dubai unveils its largest penthouse for a staggering $164 million (AED 600 million), joining the ranks of the world's most expensive residential listings. Positioned atop Raffles The Palm Dubai, this lavish residence sprawls across the top...

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