Companies located in One Za’abeel will now benefit from 100 percent foreign ownership and zero corporate tax. One Za’abeel, a prominent mixed-use development in Dubai’s Central Business District, has been integrated into the Dubai World Trade Centre Authority (DWTCA) Free Zone. This integration was formalized through Decree No. 18 of 2024, issued by Sheikh Mohammed bin Rashid Al Maktoum, UAE...
Emaar is currently in talks with a leading Chinese technology company, famous for their skill in developing iconic multimedia installations, to collaborate on the project. Emaar Properties has announced plans for a cutting-edge Music, Colour, and Fire Plaza at Dubai Square in Dubai Creek Harbour. Situated close to Dubai Creek Tower, the plaza will showcase a combination of fire, vibrant color...
Private real estate developer Danube Properties has announced the early handover of its Pearlz project, completed six months ahead of schedule. The project encompasses a built-up area of 480,179 square feet and includes 300 units comprising studios, as well as one-, two-, and three-bedroom apartments, along with retail outlets. Marwan bin Ghalita, the director-general of Dubai Land Department,...
In the first quarter, Dubai and Abu Dhabi's occupier markets experienced robust activity, fueled by heightened demand from new rental registrations. Dubai witnessed sustained occupier activity, with total rental registrations reaching 46,850, a 35.8% increase from the previous year. CBRE Middle East noted that the surge was predominantly driven by a 51.1% rise in new rental registrations, totaling...
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