Real Estate

Dubai developer posts record profit as new projects fuels growth

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...

Dubai records highest-ever monthly off-plan office sales at $817 million in April

Dubai's office market recorded 318 off-plan office transactions, up from 182 in March, and compared with 355 in February and 414 in January Dubai’s off-plan office sales reached AED3 billion ($816.9 million) in April 2026, marking the highest monthly value on record, according to an analysis by Al Masdar Al Aqaari, based on transactions registered with the Dubai Land Department. Dubai’s office...

Al Ghurair says crisis is the wrong time to sell assets

Al Ghurair says crisis is the wrong time to sell assets Business leader says patience, fast decisions and food security capacity matter in crises Abu Dhabi: Abdulaziz Al Ghurair, Chairman of Abdulla Al Ghurair Group, warned business owners and investors against selling assets during a crisis, saying panic decisions can destroy long-term value at the exact moment when opportunities begin to...

Dubai developers praise update real estate law easing visa norms

The removal of a minimum property value threshold for homeowners is particularly significant as it opens the door for a wider pool of first-time buyers and investors if there’s one thing old-timers of the UAE will always tell you, it’s this — never bet against Dubai. The emirate has a chequered history of proving the naysayers wrong time and again. Wednesday proved to be such a day once again, as...

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