2024

A contract has been signed by Nakheel for participation in the Dubai Project Management Forum 2024

Master developer Nakheel has pledged its support as a strategic sponsor for the 9th Dubai International Project Management Forum (DIPMF) in 2024. The event, themed "Beyond Boundaries," is scheduled to take place at Madinat Arena, Madinat Jumeirah, spanning from January 15 to January 18. DIPMF 2024 will focus on three key areas: sustainability, contemporary project management techniques, and emerging trends...

Cristiano Ronaldo buys multimillion dollar mansion on Dubai’s Jumeirah Bay Island

Cristiano Ronaldo, renowned for his opulent lifestyle, is expanding his real estate empire with a lavish acquisition in Dubai after joining Saudi football club Al Nassr. Securing a staggering $200 million-per-year deal with the Riyadh-based team, the 38-year-old forward reportedly invested in a yet-to-be-constructed mansion on Jumeirah Bay Island, colloquially known as...

DAMAC Awards $82M in Main Works Contracts for DAMAC Hills 2

The disclosure of these two contracts contributes to a string of recent contract grants for the mega-development. DAMAC Properties, a developer based in the UAE, has recently granted two contracts as a component of the primary works package for its expansive project, DAMAC Hills 2. The disclosure of the two contracts, totaling AED300 million ($82 million) collectively, is part...

Dubai records over $326mln in realty transactions on Monday

The sales included 431 villas and apartments On Monday, Dubai's real estate market showcased robust activity, with a noteworthy 477 sales transactions amounting to AED1.66 billion, as reported by Dubai's Land Department (DLD). Complementing these sales were 129 mortgage deals, totaling AED430.56 million, and 20 gift transactions reaching AED60.74 million. The sales segment featured 431 villas and...

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