2024

Is Dubai real estate a better investment than stocks in 2024?

Individual preferences, risk tolerance, and investment goals are the determining factors behind whether one chooses to invest in real estate or the stock market. Arabian Business interviewed experts in the real estate industry to gain their perspectives on whether it's still advisable to invest in property in Dubai amidst its remarkable growth in recent years, or if investors might find better...

Select Group And Six Senses Set To Launch World’s Tallest Residential Tower

Select Group, a prominent real estate developer based in Dubai, UAE, proudly announces its latest project, Six Senses Residences Dubai Marina. This landmark venture aims to redefine luxury living with a focus on health and wellness. Positioned as the world's tallest residential tower in Marina, it integrates diverse wellness amenities, including a longevity center. Following the success of Six Senses...

Dubai considers IPO for ALEC amidst property boom

The Investment Corporation of Dubai is reportedly contemplating the listing of ALEC. Bloomberg reported that amidst a surge in Dubai's real estate sector with property prices reaching near-record levels, there is contemplation regarding an initial public offering (IPO) for construction firm ALEC Engineering & Contracting. Sources familiar with the matter have disclosed that the Investment...

One Za’abeel achieves the Guinness World Records title for the ‘Longest Cantilevered Building’ in the world

One Za'abeel, the iconic landmark developed by ICD (Investment Corporation of Dubai), proudly announces that it has secured the GUINNESS WORLD RECORDS™ title for the 'Longest Cantilevered Building' globally with its panoramic sky concourse, The Link. This milestone was solidified on March 1, 2024, marking One Za'abeel as the most recent addition to Dubai's extensive collection of record-breaking...

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