Real Estate

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...

Dubai’s real estate investment is witnessing a clear recovery: Munthir Al Ali

Munthir Al Ali, Chairman of the Board of Directors of a consortium of real estate firms, affirmed that Dubai's real estate sector has experienced a significant resurgence since 2021, marked by a rise in construction sector sales volumes, reaching its peak performance this year. This was particularly evident as residential rents in the emirate experienced a pronounced upturn, prompting real estate...

Why property projects in UAE sell out so quickly

Affluent individuals, international investors, and locals eagerly invest in upscale developments offered at prices lower than those in comparable global metropolises. Property projects in the UAE are still flying off the shelves, often selling out within days, if not hours. Despite forecasts of slower growth in the real estate market this year following a robust rally over the past three years, demand...

Samana Developers to pump Dh12.5bln in Dubai projects, focusing waterfront developments

Samana is broadening its portfolio to include waterfront developments, which will solidify its position as a leading growth player in Dubai. Samana Developers, based in Dubai, announced today its intention to invest Dh12.5 billion ($3.4 billion) in new residential projects across Dubai for the remainder of 2024. Additionally, the company plans to grant 18 construction contracts this year. With its...

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