May 2026

Emaar has been on a new project launch drive, and new land will come in handy Dubai: Emaar is spending a substantial Dh2.98 billion to buy land in Ras Al Khor, as the Dubai master-developer goes about adding to an already substantial land bank in the city. The deal for the new land was with Amlak Property Investment, the DFM-listed entity that is selling non-core operations as part...

Average apartment rents rose by around 2 per cent quarter-on-quarter, supported largely by sustained demand in the affordable housing segment, Property Finder report shows Dubai’s property market is showing signs of transitioning from a rapid-growth cycle into a more mature and stabilised phase, supported by strong economic fundamentals, infrastructure investment and sustained buyer confidence, even...

Here’s how UAE’s new credit score screening system will work for tenants, landlords Dubai: Is the UAE rental market now entering a new phase of financial screening? Private landlords across the country can now request the credit scores of prospective tenants through a new “Tenant Screening” solution launched by Etihad Credit Bureau in collaboration with UAE PASS. For UAE residents...

Binghatti Holding marks 10th consecutive record quarter with soaring sales Dubai: Dubai-based developer Binghatti Holding has reported its 10th consecutive record-breaking quarter, posting a net profit of Dh1.43 billion for the first quarter of 2026 as Dubai’s booming property market continued to drive strong demand for luxury and branded residences. The developer announced on...