2024

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...

Here’s everything you need to know about obtaining an Airbnb license in Dubai: Property owners in Dubai who want to earn from short-term rentals on platforms like Airbnb must go through a licensing process. The Dubai Department of Economy and Tourism (DET) has established regulations to govern the industry, ensuring that all short-term rental hosts meet specific requirements. Frank Porter, a...

Sunrise Capital, a rising developer in Dubai, plans to expand across the UAE with a significant portfolio of luxury villas and apartment projects, according to its CEO. The company, backed by an Indian-origin group, is set to launch its first mixed residential and commercial project in October—a AED400 million development in Dubai's Wasl Gate area. Luxury and craftsmanship in Dubai real...

Industry experts assert that this trend is transforming the region’s real estate market, delivering impressive returns for savvy property owners and offering appealing accommodation options to visitors. UAE - Short-term rentals in Dubai are reshaping the rental landscape, with a 30% increase in demand compared to this time last year. Industry experts claim that this trend is revolutionizing the...