February 2, 2024

DMCC Breaks Ground on Second Phase of Uptown Dubai

DMCC has initiated the second phase of its Uptown Dubai project, showcasing its commitment to enhancing and expanding its real estate offerings. Swissboring Overseas Piling Corporation has been appointed for the enabling and foundation works. In the upcoming phase, two mid-rise towers will be constructed in the Uptown Dubai district, situated in the heart of new Dubai's southern end. These towers,...

Dubai’s off-plan boom propels UAE realty sales to $124bln

As Dubai's population experiences swift growth, the demand consistently surpasses the available supply. Dubai's off-plan real estate sector has exhibited remarkable growth over the past four years, propelling the overall UAE market to reach Dh455.7 billion in sales in 2023. Experts anticipate that, with demand surpassing supply, the off-plan sector will continue to contribute to the market's growth in...

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