Browsing: Commercial Real Estate

Dubai’s landmark AA Tower on Sheikh Zayed Road is now transitioning to freehold status, marking a key shift in the city’s property landscape.

DIFC has launched a new API (Application Programming Interface) to provide instant updates on real estate details within its financial hub. In addition to being a base for finance and related businesses, DIFC is also a key player in Dubai’s property market, offering both commercial and residential real estate options.

The UAE’s real estate market is witnessing a significant transformation as developers increasingly pivot towards commercial real estate. With the country’s economic growth accelerating, the demand for office spaces, retail hubs, and mixed-use developments is surging. This shift is driven by an influx of global businesses, rising corporate registrations, and a booming investment climate.

Mair Group, a UAE-based strategic investment firm, is set to list directly on the Abu Dhabi Securities Exchange (ADX) on December 9, marking a significant milestone in its growth. Originally founded in the cooperative movement, Mair has diversified its business, focusing on food retail, commercial real estate, and contributing to the UAE’s food security

PropertyBox, an AI-driven marketing platform for the real estate industry, has announced a partnership with Betterhomes, the UAE’s leading real estate agency.

The International Real Estate Show 2024 is set to take place from October 18-19, 2024,…

The Abu Dhabi Global Market (ADGM) announced a 31 per cent rise in new company registrations during the first half of 2024, bringing the total number of active companies to 2,088, including 231 financial institutions.

The DMCC free zone in Dubai now contributes 15 per cent of the emirate’s Foreign Direct Investment (FDI) and 7 per cent of its Gross Domestic Product (GDP), according to results from the first half of 2024.

Dubai’s TECOM Group reported a 24 per cent year-on-year increase in net profit for H1 2024, reaching AED 603M. This growth was driven by strong occupancy rates and an effective business strategy, leading to a 9 per cent rise in revenue to AED 1.1B.

Lamar Development’s Sustainable Office Park to Transform Business Bay Driven Properties, Dubai’s renowned real estate…