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Tag: Dubai

Construction & Real Estate

Parkin Q2 net profit rises 12% to AED166.2 million

Dubai's exclusive public parking operator Parkin has announced a 14% jump in its total revenue for the second quarter which rose to AED364.1 million ($99 million), while its net profit for the three-month period was up 12% supported by growth in seasonal cards, developer parking and enforcement. ...

Construction & Real Estate

Azizi Developments fast-tracks Azizi Venice with 24/7 construction

Azizi Developments, a leading private developer in the UAE, has intensified construction activities across its portfolio, with work at its flagship Azizi Venice development in Dubai South now progressing around the clock, 24 hours a day, the developer said....

Construction & Real Estate

Dubai proptech Invespy opens hub for real estate brokers

Property tech platform Invespy has opened a permanent destination in Dubai linking developers directly with UAE's real estate brokers. A neutral workspace for brokers, The Invespy Broker Hub offers them access to property project opportunities, sales training and commission-related services. ...

Construction & Real Estate

RTA to open 500-m bridge linking DWTC to Al Mustaqbal Street

Dubai's Roads and Transport Authority (RTA) is set to open a 500-m-long two-lane bridge tomorrow that will link traffic from Dubai World Trade Centre and One Central to Al Mustaqbal Street. The new bridge is part of the AED633 million ($172.4 million) Al Mustaqbal Street Development project. ...

Construction & Real Estate

QUBE marks construction milestone at ELIRE Managed by LUX* project

QUBE Development, a renowned real estate developer known for creating uniquely designed communities across the UAE, has announced the successful casting of the first portion of the foundation for its landmark and award-winning project - ELIRE Managed by LUX* in Business Bay, Dubai. ...

Construction & Real Estate

Meraas kicks off ground work at Dubai Design District residential tower

Leading Dubai developer Meraas has awarded the ground works contract to International Foundation Group for its landmark 45-storey residential project - Atélis at d3 - located within the Dubai Design District. The contract covers comprehensive site preparation, excavation and shoring and piling works. ...

Construction & Real Estate

Daikin launches its new-look experience centre in Dubai

Daikin Middle East & Africa, a global leader in heating, ventilation, air-conditioning and refrigeration (HVAC-R) solutions, has officially unveiled its newly renovated experience centre, at its regional headquarters in Jebel Ali, Dubai....

Construction & Real Estate

The Space 14 Estate launches new warehousing development in DIP 2

The Space 14 Estate has announced the launch of a new warehousing and commercial development in Dubai Investments Park 2. The project, which comprises two buildings and 14 individual warehouse units connected by a 9-m-wide internal access road, is set for handover next year. ...

Construction & Real Estate

Q Mobility, Parkin to advance smart parking integration across Abu Dhabi, Dubai

Q Mobility, a leading operator of public parking in the Emirate of Abu Dhabi, and Parkin Company, the largest provider of public parking facilities and services in Dubai, have signed a memorandum of understanding (MoU) to strengthen collaboration on smart parking solutions and enhance digital integration between the parking ecosystems of the two emirates. ...

Construction & Real Estate

RTA opens 4-lane bridge at Al Qudra Road intersection in Dubai

Dubai’s Roads and Transport Authority (RTA) has opened a four-lane bridge on the southern, right-hand side of the intersection of Al Qudra Road and Sheikh Zayed bin Hamdan Al Nahyan Street. Running 700m long, the bridge has a capacity to handle 6,000 vehicles per hour. ...

Construction & Real Estate

ORA unveils boutique residential collection within flagship UAE project

UAE-based ORA Developers has announced the launch of Y Views - a boutique collection of three- to eight-bedroom luxury villas and mansions - within its flagship development, BAYN, a 4.8 million sqm coastal masterplan in Ghantoot corridor located between Abu Dhabi and Dubai. ...

Construction & Real Estate

Emaar Properties H1 net profit before tax up 23% to $3.5bn

Emaar Properties delivered a resilient performance during the first half of 2026, with revenue up 21% to AED23.9 billion ($6.5 billion), EBITDA up 24% to AED12.9 billion ($3.5 billion), and net profit before tax up 23% to AED12.8 billion ($3.5 billion). ...

Construction & Real Estate

Pantheon builds platform for music, culture and communities

Pantheon, a leader in real estate development, today announced its evolution into Pantheon - Art • Culture • Real Estate (Pantheon ACR), a broader platform created to connect people through the places they live, the experiences they share and the culture they co-create....

Construction & Real Estate

Dubai procurement company Sumea opens global trade hub in Jafza

Sumea, a Dubai-based sourcing, procurement and supply chain group, has opened its 12,000-sq-m global trade hub - SumeaWorld - in Jebel Ali Free Zone. With this move, Sumea is building an integrated ecosystem connecting manufacturers, brands and markets worldwide. ...

Construction & Real Estate

Dubai starts work on 8-km-long Creek Lighting project

Work has begun on the Dubai Creek Lights project, an eight-kilometre waterfront lighting scheme designed to enhance the city's historic Dubai Creek area. The project also includes upgrades to lighting along promenades, waterfront walkways, building facades and creek entrances. ...

Construction & Real Estate

RTA completes traffic upgrades on key Dubai street

Dubai's Roads and Transport Authority (RTA) has announced that it has completed traffic upgrades on Latifa bint Hamdan Street, adding new lanes and U-turns to ease congestion and improve traffic flow along one of the city's key road corridors. ...

Construction & Real Estate

Meraas awards groundworks contract for Madinat Jumeirah residential project

Dubai developer Meraas has awarded a key contract to International Foundation Group for groundworks at its premium residential development Nourelle within Madinat Jumeirah Living. It comprises 236 one- to four-bedroom apartments across three contemporary residential buildings....

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