UAE petrol prices, Eid holiday dates, tax rules and more top news stories this week
luxury real estate
Latest in luxury real estate
Dubai
EXCLUSIVE: Dubai real estate giant Sobha Realty eyes 3 Texas cities for major U.S. expansion
Sobha Realty will initially focus on key cities in Texas, specifically Dallas, Houston, and Austin, the company’s Chairman told Arabian Business
Al Siniya Island
Umm Al Quwain an ‘investment hotspot’ in UAE, say real estate experts
Major masterplan developments such as Sobha Siniya Island and Downtown UAQ | Sobha Realty have become the primary investment catalysts in Umm Al Quwain
luxury real estate
Ras Al Khaimah properties lure large tourist arrivals, high-end buyers fuelled by Dubai access
Rising buyer interest leads to spike in prices for off-plan luxury properties as demand far outstrips availability
Al Marjan Island
Richmind announces luxury real estate development Oystra in Ras Al Khaimah
Oystra will offer residences ranging from one- to four-bedroom apartments, duplexes, penthouses, and waterfront villas, with prices starting at AED2.9 million
Branded residences
Saudi real estate: Red Sea Residences expands with branded residences from Ritz-Carlton, Jumeirah & Miraval
Red Sea Residences expands its portfolio with ultra-exclusive homes, blending sustainable luxury, world-class hospitality, and breathtaking natural beauty
Abu Dhabi real estate
Eid Al Fitr in the UAE; Visa-free travel ideas; Dubai villa sales surge; Sheikh Mohammed reveals $65bn investment plan – 10 things you missed this week
UAE Eid Al Fitr dates and travel ideas. Dubai real estate analysis, Saudi sick leave warning and more top news stories this week
High Net Worth Individuals
Paradise for sale? How to buy a private island in the Maldives for $5 million
Maldives leasehold market attracts Gulf investors in record numbers despite hefty development costs
High Net Worth Individuals
EXCLUSIVE: UAE developers pour billions into Maldives as luxury island market heats up
Honeymooners may soon find the Maldives transformed into a lucrative second-home market, thanks to over $3 billion in UAE investments by 2030
Abu Dhabi
UAE real estate: Ohana Development begins construction on ELIE SAAB Waterfront in Abu Dhabi
Scheduled for completion in the second quarter of 2027, ELIE SAAB Waterfront by Ohana will offer views of the Arabian Gulf and Abu Dhabi’s skyline
Automobiles
‘We are the main act’: Bentley CEO on upcoming electric launch, Dubai car taste, China risk
Frank-Steffen Walliser suggested a lack of customer demand was the reason why Bentley has yet to launch an electric car
Branded residences
Stirling Hospitality Advisors secures Four Seasons luxury hotel and residences development in Ras Al Khaimah
Located in Mina, the project will include approximately 150 luxury apartments and standalone private villas
luxury real estate
UAE real estate: Palace Group celebrates anniversary as portfolio valued at $10bn
Luxury UAE real estate developer has a development pipeline worth $4.4bn of properties under development
Branded residences
Branded real estate: Four Seasons expands UAE presence with Ras Al Khaimah resort, private residences
Located in the Mina waterfront destination, the property will feature 150 rooms and 130 private residences
Dubai
Dubai real estate: Which developers have sold the most $10mn plus apartments in 2024?
The luxury property market continued to boom in Dubai in 2024
luxury real estate
Modon Holding completes acquisition of La Zagaleta in Spain
The deal will mark Modon Holding’s entry into Europe’s luxury real estate market
Branded residences
Minor Hotels to launch several branded residences in the region
A total 461 keys of branded residences to be launched alongside award-winning Anantara, Avani and Tivoli hotels in the GCC