Driven Properties, a leading company based in the United Arab Emirates, has declared a record sale of the Jumeirah Bay Island Property that has broken all previous records in the Dubai real estate market. Bulgari Island, on Jumeirah Bay Island, a completely renovated, ready-to-move-in apartment has been sold for an incredible price of nearly AED…
The Federal Tax Authority (FTA) and the Dubai Land Department have further strengthened their strategic partnership to provide cutting-edge digital solutions that improve the user experience for real estate clients in the emirate while guaranteeing compliance with the applicable tax laws. The partnership first phase was finished through the successful completion of data sharing via…
Dubai Taxi Company PJSC (“DTC” or the “Company”), a leading and notable provider of comprehensive mobility solutions in Dubai, has today announced that it has signed a strategic partnership with Bolt, the global shared mobility platform, to launch its e-hailing platform in Dubai. The partnership with Bolt, which is establishing its platform in the UAE…
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, toured GITEX Global 2024, which featured the highest international attendance in its history this time. GITEX Global is the world’s largest tech and startup event organized evry year, which commenced at the Dubai World Trade Centre (DWTC) on 14th…
Union Properties unveils $544m Takaya development in Dubai Motor City, depicting a major boost in Dubai Real Estate Market. Union Properties has officially announced the launched of its new $544m Takaya project in the leading community of Dubai called Dubai Motor City.With this development, Takaya sets a new standard in the mid-to-high range segment, promising…
Dubai RTA (Road and Transport Authority), on Sunday announced a major $163mn road development in Al Jaddaf, Zabeel, and Oud Metha areas. All these road developments are a part of the larger project known as Sheikh Rashid Corridor Development Project. This initiative was directed by Sheikh Mohammad Bin Rashid Al Maktoum, the Vice President and…
Damac Properties has announced the opening of new nature centric-community Damac Sun City, its fifth master community, in Dubailand. This announcement syncs well with the UAE’s goal of promoting national aspirations and improving citizen well-being. This new innovative construction in Dubailand will provide a different blend of modern luxury, nature, and wellness – focused living…
As per a story by Bloomberg, Dubai Holding plans to establish a real estate investment trust (REIT) in order to gain benefit from the emirate’s rising real estate market. The report, citing people aware with the situation, said that Citygroup Inc., HSBC Holdings PLC, and Emirates NBD Capital have been lined up for the trust…
The General Directorate of Residency and Foreign Affairs i.e. Dubai Residency obtains ISO Certification in the field of resilience and security, the vital global standards in emergency response and management. The BSI (British Standards Institute) has awarded this ISO certification to Dubai Residency only after the fulfilment of all the mandatory requirements and standards of…
The Dubai RTA launches on and off bus in Dubai for sightseeing that will take both residents and tourists to 8 top tourist attractions in Dubai. The main reason behind the launch of this bus is to provide people with a more convenient way of visiting the tourist hotspots. The route commences from the Dubai…