Real Estate

Luxury dominance under threat as mid-market booms, experts say

Despite the ongoing prosperity of Dubai's luxury property market, the mid-market is emerging as an essential and swiftly expanding sector. Dubai’s real estate sector has long been associated with luxury, but a change is on the horizon. The mid-market segment is rising as the quickest growing and most sought-after sector, possibly posing a challenge to the dominance of the luxury...

Family offices new target for high-value property investments

The growing trend is causing an increase in the establishment of foundations and entities linked to prominent family businesses and individuals at the Dubai International Financial Centre. Family offices are rapidly becoming the central hubs for attracting and directing high-value investments in Dubai’s real estate sector, offering customized solutions aligned with the unique goals and values of the...

One Za’abeel joins Dubai World Trade Centre Authority Free Zone

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 founder Mohamed Alabbar announces plans for The Music, Colour, and Fire Plaza at Dubai Square in Dubai Creek Harbour

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...

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