Emaar Properties announced a 209% increase in property sales to AED33.762 billion (US$ 9.192 billion) in 2020 compared to AED10.902 billion (US$ 2.968 billion) in 2020, demonstrating continued investor confidence in the Emaar brand. This is Emaar's highest-ever property sales total since its inception in 1997. "Emaar's 2021 revenue stood at AED 28.270 billion (US$ 7.697 billion), a 57 percent increase...
According to data released by the Dubai Land Department, a total of 2,078 real estate transactions worth AED 6.6 billion were completed during the week ending 11 February 2022. AED1.42 billion was paid for 280 plots, and AED2.54 billion was paid for 1,275 apartments and villas. The top three transactions were a land in Al Mamzer sold for AED132.4 million, a land in Al Thanayah Fourth sold for AED61...
To commemorate the 25th National Environment Day, the Ministry of Climate Change and Environment (MOCCAE), in collaboration with Expo 2020 Dubai, hosted a tree-planting event with representatives from Expo's country pavilions under the theme 'The UAE's Message to the World – Climate Action Now.' The activity aimed to highlight the importance of expanding green cover to reduce carbon emissions in the...
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Dubai South, the world's largest single-urban master development focusing on aviation, logistics, and real estate, ended 2021 on a high note by recording a number of outstanding achievements across its various divisions, including attracting new clients and companies, selling out projects, signing top-level partnerships, and launching innovative projects. Following Expo 2020 Dubai and popular demand,...
The first title deeds are being issued in Dubai under ‘fractional’ property ownership, which could dramatically add to the investor base in the local real estate market. In its simplest form, fractional ownership allows multiple investors to acquire an apartment, villa or other property types, and with each of them having ownership rights through the title deeds. Under the current rules, “A...
The UAE Innovates Exhibition will be held at the Festival Garden in Expo 2020 Dubai from the 11th to the 16th of February, 2022, by the Mohammed Bin Rashid Centre for Government Innovation (MBRCGI). The exhibition is open daily from 15:00 to 20:00, with public sessions on the theme of innovation. The exhibition is part of the UAE Innovates 2022 event, which is taking place all over the UAE this...
Middle East Energy (formerly Middle East Electricity), the MENA region's most reputable and comprehensive energy event, will be held at Dubai World Trade Centre from March 7th to 9th to address the future of the energy transition by welcoming senior energy leaders, policymakers, and influencers to discuss the opportunities surrounding green hydrogen in the region.Annual revenues for hydrogen production in...
The latest installment of the En Route to the Expo – Dubai Chamber of Commerce video series, which offers insights on numerous elements and components of the mega event, shows how new technologies are providing a smooth and integrated visitor experience at Expo 2020 Dubai. Sergio Maccotta, Senior Vice President, SAP Middle East South, describes how Expo 2020 Dubai is establishing technology as a...
The Residences, Dorchester Collection, DubaiA life less ordinaryIconic elegance and an extraordinary legacy converge with glamour and modern opulence at The Residences, Dorchester Collection, Dubai. It is simply the most exclusive living experience in the world.Starring palatial apartments, grand terraces, curated gardens and magnificent views of Dubai, this elite development marries art,...
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