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Loutraki International is investing in Dubai’s real estate market through the Santorini Residences project

Apartment sales across Dubai’s real estate market rose 37.6 percent annually to 12,268 with a value of AED23.5 billion

Ravi Menon will assume his new role on November 18, 2024

Jan De Nul Dredging is expected complete the entire scope of marine works at Palm Jebel Ali in just over two years

Dubai positions itself as a global hub for this segment

Free zone posted a notable expansion in the technology sector, registering 226 new companies, including 14 gaming and nine AI companies

The company set a new group property sales record of $8.6 billion in H1 2024, a 56 percent increase over H1 2023

Despite the surge in new units, the market remains imbalanced, with demand outpacing supply, data showed

Dubai saw a 61.4 percent annual surge in transactions of off-plan contract registration, equivalent to investments worth AED59.9 billion

The growth is attributed to a strong economy, diverse demand, and focus on quality, sustainable spaces

The extended growth is due to HNWIs' interest in luxury property investment in Dubai

Transaction volumes in Abu Dhabi saw a 22.6 percent increase