After a 124 percent surge since 2020, Dubai experienced a slight moderation in real estate price growth, slowing from a 15.9 percent increase in the first quarter to a 0.3 percent decline in the second quarter, according to an international property consultancy. Globally, Manila has led Knight Frank's Prime Global Cities Index, recording a 26 percent increase. This index tracks the movement of prime...
Nakheel, the project's developer, has been awarded a contract worth AED810 million for marine works. Construction on the main road connecting the island to Sheikh Zayed Road is also progressing. Palm Jebel Ali is projected to be three times larger than Palm Jumeirah. The island will feature 16 fronds and several additional islands, attracting interest from wealthy investors from Europe and...
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