UAE Bank Investments Surge to AED 763.8 Billion by End of March 2025

UAE Bank Investments Surge to AED 763.8 Billion by End of March 2025

The banking sector in the United Arab Emirates continues its impressive upward trajectory, with total investments reaching AED 763.8 billion by the end of March 2025, according to data released…

Dubai Hotels Reach Highest Revenue Levels in Nine Years Despite Market Expansion

Dubai Hotels Reach Highest Revenue Levels in Nine Years Despite Market Expansion

Even with a flood of new rooms entering the market, Dubai’s hotel industry is experiencing an impressive milestone. By the end of April 2025, the average revenue per room—commonly known…

Lumena by Omnia: Redefining Ultra-Luxury Office Spaces on Sheikh Zayed Road

Lumena by Omnia: Redefining Ultra-Luxury Office Spaces on Sheikh Zayed Road

Omnia, the luxury real estate developer known for pushing architectural boundaries, has unveiled Lumena—an opulent 48-story commercial tower on Sheikh Zayed Road. Positioned at the nexus of Business Bay and…

Dubai’s Real Estate Market Thrives: Nearly 1,000 Deals Worth AED 3.6 Billion in Just One Day

Dubai’s Real Estate Market Thrives: Nearly 1,000 Deals Worth AED 3.6 Billion in Just One Day

Dubai’s real estate scene lit up like never before. By day’s end, the Land Department’s Dubai REST app had tallied 998 property deals amounting to a staggering AED 3.6 billion.…

Meraas Awards AED 450 Million Contract to Naresco for Central Park Plaza

Meraas Awards AED 450 Million Contract to Naresco for Central Park Plaza

Meraas, part of Dubai Holding Real Estate, has recently awarded a contract exceeding AED 450 million to Naresco Contracting LLC. The contract covers the main construction of Central Park Plaza,…