The Zabeel District – Dubai International Financial Centre (DIFC Zabeel District) project will feature more than 4,000 residential units and, upon completion, will have a workforce of more than 125,000 employees, according to His Excellency Issa Kazim, Governor of the Dubai International Financial Centre. The estimated development value of the project is more than $27.2 billion (100 billion dirhams).During the session, the most prestigious financial neighborhood in the world within the Mohammed bin Rashid Leadership Forum, Kazim said that the project will double the capabilities of the Dubai International Financial Centre and accommodate more than 42 thousand companies when completed. It extends over an area of 7.1 million square feet, with a total floor area of 17.7 million square…

A new waterpark will open in Dubai very soon, according to the CEO of Dubai Holding Entertainment (DHE). Speaking at the Rise summit in Dubai on Wednesday, Fernando Eiroa revealed that the water park will open in the next couple of months. "It's specifically for the summer and there is a lot of water around it," Eiroa said, confirming it will be a water park added to the Dubai Parks and Resorts portfolio. The announcement came as Fernando discussed the scale of Dubai's entertainment offering. He said entertainment has become central to the emirate's tourism success. "Dubai has been and is very well known for amazing hotels, different experiences, and now it is an entertainment destination," he said. Global Village overtakes Disney's Magic Kingdom Fernando highlighted Global Village as…

Dubai's residential real estate market has seen a significant drop in transaction volumes as a result of the Middle East war. However, specific segments of the market are now experiencing a price correction, albeit a moderate one, according to S&P Global Ratings.  That’s because of a change in market dynamics over the past several years, with the UAE's visa reforms supporting a higher proportion of long-term investors and end users. "Our base case is that the Middle East disruptions will continue into 2027. This, together with new deliveries due in 2027-2028, could accelerate the price correction, particularly in investor-driven apartment segments," explained S&P Global Ratings credit analyst Sapna Jagtiani. "However, if geopolitical risk subsides in 2027,…

Dubai has issued new rules for shared housing and has given property owners and operators a year to comply with the new regulations. Under the new circular that Dubai Municipality has released, shared housing will be divided into two categories: individual and family accommodation Shared housing is only allowed in approved areas, with Dubai Municipality identifying more than 44 areas so far, including Al Souq Al Kabeer, Al Ras, Al Warqa 1, Al Barsha 1, Al Muraqqabat and Al Rigga. More areas will be announced later Properties on major tourist and commercial streets, such as Bani Yas Road, Sheikh Zayed Road, Jumeirah Road and Al Wasl Road, can only be used for family housing, not individual housing. Here is how property owners and operators can apply for a shared housing permit: Step 1:…

Dubai is expected to see a 20 per cent increase in its residential units, especially apartments, in the next two years, S&P Global said. This, along with the ongoing regional instability, is likely to bring down transaction volumes and prices. Specific segments of Dubai’s residential market are already experiencing price corrections, which the credit ratings agency attributed to the country’s sweeping visa reforms that supported a higher number of long-term investors. Disruptions stemming from the regional war are assumed to continue into next year, as per S&P Global Rating’s base case scenario. This, along with new deliveries due in 2027-2028, could accelerate the price correction, especially in investor-driven apartment segments, the agency said Property…

Reportage Group has made its debut in Meydan Horizon with the launch of Verso and Époque, introducing 234 residences through two distinct approaches to contemporary living. The launch marks a strategic step in the Group’s Dubai expansion, establishing its presence in an emerging destination where waterfront landscapes, green spaces and access to the city are shaping a new residential community. Verso introduces a quieter, greener perspective on Dubai, where an active, social lifestyle sits comfortably alongside moments of retreat. Époque takes its inspiration from the enduring qualities of classic design, bringing understated elegance and a more intimate residential setting to the same destination. Together, the projects offer buyers a choice of homes with individual…

Reportage Group has made its debut in Meydan Horizon with the launch of Verso and Époque, introducing 234 residential units through two distinct approaches to contemporary living. This launch marks a strategic step in the Group’s expansion in Dubai, establishing its presence in an emerging destination shaped by waterfront landscapes, green spaces, and citywide connectivity.   Verso introduces a quieter, greener perspective that balances an active, social lifestyle with moments of retreat, while Époque draws inspiration from classic design to deliver understated elegance and an intimate residential setting.   Andrea Nucera, Group Managing Director of Reportage, stated that launching both projects together addresses diverse buyer priorities and reflects the…

Mazal has officially launched its new digital platform, introducing what it describes as the UAE’s first escrow-protected ecosystem dedicated to the buying, selling and trading of premium Dubai number plates. The platform was unveiled at an exclusive launch event held at a cutting-edge digital and vibrant event venue, bringing together industry stakeholders, collectors, investors and enthusiasts to mark a new chapter in Dubai’s premium number plate market. The event also featured a live auction – the first of its kind taking place in the UAE for secondary number plates. Mazal premium number plates and premium Mazal IDs were also auctioned, lifting the energy of the evening to an all-time high. Built around the principles of trust, transparency and security, Mazal aims to…

With Apple’s new iPhone line-up now official, attention turns to everything that goes around it. UGREEN is answering with the latest MagFlow and Nexode series, built around the Apple ecosystem to deliver cooler, faster and safer power at home, at the desk and on the move.   All-in-One Qi2 Magnetic Charging for Apple Devices Built around the idea that fast charging shouldn't mean extra heat, the MagFlow Pro 3-in-1 Magnetic Wireless Charging Stand 25W delivers Qi2 25W with active cooling, staying near-silent where conventional solutions throttle. It charges iPhone, AirPods and Apple Watch at once, with a real-time display and a multi-angle rotating stand.   The MagFlow Air Magnetic Power Bank packs 10,000mAh and premium ATL cells into a slim body, delivering Qi2 25W…

“W Capital”, a leading real estate brokerage based in the UAE, announced being recognized by Emaar Properties for the third consecutive year as one of the top-selling and best-marketing brokerage for the company's projects in 2025. “Emaar, one of the world's largest real estate developers, selecting W Capital as one of its top-selling and best-marketing brokerage firms for the third year, is a testament to our success and a testament to our continued leadership in Dubai's real estate brokerage sector,” said Walid Al Zarooni, CEO.   He  noted that W Capital markets all real estate categories, such as projects for those with average and limited incomes, as well as luxury projects and complexes.   Al Zarooni explained that W Capital is contracted…

Binghatti Holding Ltd, a leading UAE real estate developer, announced record financial results for the year ended 31 December 2025, underlining strong sales execution, disciplined delivery, and continued strengthening of the Group’s balance sheet. Net profit increased 96% year-on-year to AED 3.58 billion, reflecting robust operating leverage, efficient execution and the continued strong demand for Dubai real estate. The company’s revenue nearly doubled year-on-year to AED 12.43 billion, compared with AED 6.34 billion in 2024, driven by strong sales momentum, accelerated project handovers and the continued success of Binghatti’s optimally diversified portfolio across mainstream, premium mainstream, luxury and ultra-luxury offerings. In the fourth quarter of 2025,…

DUBAI – As global trade patterns shift and tariff pressures mount, the private sectors of Brazil and the United Arab Emirates are moving to deepen ties in food security and agribusiness. During Gulfood 2026, LIDE Emirates will host a strategic roundtable bringing together business leaders, investors and authorities from multiple countries to explore concrete opportunities in the sector. The event will put Roberto Perosa, president of ABIEC (Brazilian Association of Beef Exporters), center stage alongside LIDE Emirates members representing diverse sectors and nations. The timing reflects a broader shift in how companies are rethinking supply chains in response to rising trade barriers and tariffs from major trading partners. For Brazilian agribusiness, the UAE represents more than…