Dubai has launched an unprecedented wave of infrastructure projects worth tens of billions of dollars, reinforcing its ambition to become a global leader in urban mobility, sustainability, and economic growth.
Dubai last month unveiled plans for a groundbreaking project that is set to become the Middle East’s first-of-its-kind wellbeing resort and interactive park that redefines urban wellness and leisure in the region.
Dubai witnessed the sales launch at a high-profile ceremony last month of what is set to become the world’s second tallest tower upon completion in 2028.
A wide choice of luxury homes – many of which boast waterfront lifestyles – are currently taking shape across unique and highly sought-after locations in Dubai under the banner of Dubai Holding Real Estate (DHRE), one of the largest integrated master developers in the emirate.
With substructure work substantially complete, Damac Properties’ ambitious Damac Bay 1 and Damac Bay 2 developments are set to begin their majestic ascent on Dubai Harbour’s prestigious skyline, at the confluence of Palm Jumeirah and Bluewaters Island.
Dubai property developer Binghatti is building some of the most striking and architecturally complex towers in the emirate including the Burj Binghatti Jacob & Co Residences, One by Binghatti, Mercedes-Benz Places by Binghatti, and Bugatti Residences by Binghatti.
The UAE’s real estate sector is booming, but a hidden threat looms and developers must brace themselves for a significant challenge: building material prices in the UAE are set to skyrocket, with concrete and other key materials becoming increasingly expensive.