Dubai-based Emaar Properties has announced the launch of its $20-billion waterfront luxury lifestyle destination, The Oasis by Emaar, featuring over 7,000 residential units with a mix of large mansions and villas with spacious plots, providing residents with stunning views of water canals, lakes, and parks.

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia region, has announced it will build the largest cluster of Artificial Intelligence and tech companies in the region in the next five years. Unveiling its ambitious plans, the key financial hub said the Dubai AI & Web 3.

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the new futuristic development masterplan of Palm Jebel Ali. Spanning an area of 13.4 sq km and occupying an area twice the size of Palm Jumeirah, Palm Jebel Ali will feature extensive green spaces and unique waterfront experiences.

UAE-based real estate developer Binghatti and leading jewellery and horology brand Jacob & Co. have announced the sales launch of residential units at their hyper-tower – the Burj Binghatti Jacob & Co. Residences – in Dubai.

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, last month inaugurated the 900 MW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world with a planned capacity of 5,000 MW by 2030. Involving a total investment of AED50 billion ($13.

Al Zorah Development Company, a joint venture between the Government of Ajman and Solidere International and master developer of Al Zorah City, has launched its newest luxury project ‘Beach Hills Villas’ featuring four-bedroom units that offer beachside living.

Modon Properties, a specialist in developing vibrant communities, unique hospitality and lifestyle experiences as well as  world-class sports facilities, has unveiled the masterplan for Hudayriyat Island in Abu Dhabi. Hudayriyat Island is the first of its kind for the city in terms of size and area, said Modon.

Dubai South Properties has awarded a major contract worth AED1 billion ($272.2 million) to Ginco General Contracting for the development of the initial phases of South Bay, the master development located in the heart of The Residential District within Dubai South alongside the Expo Road.

Leading UAE-based real estate developer Damac Properties flagged off further construction work on two of its master communities – Damac Lagoons and Damac Hills 2 – with the appointment of contractors on the projects.

Conmix, a Bukhatir Group company and a key provider of readymix concrete in the UAE, has reached a deal with Renault Trucks for boosting its fleet. As per the order, Renault Trucks’ dealer United Diesel will supply 10 Renault Trucks K440 P8x4 Heavy E5 with Liebherr 12 CBM mixers to Conmix for transporting readymix concrete across the UAE.

Nine Yards Real Estate Development has officially broken ground on its AED2-billion ($544 million) project – Sea La Vie – at Yas Bay on Yas Island, one of the leading destinations for leisure and luxury in Abu Dhabi.

Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM), has announced that Phase One of Danah Bay, its flagship AED1-billion ($272.2 million) freehold project located at the heart of the Al Marjan Island in Ras Al Khaimah is fully sold out.