Mazal has officially launched its new digital platform, introducing what it describes as the UAE’s first escrow-protected ecosystem dedicated to the buying, selling and trading of premium Dubai number plates. The platform was unveiled at an exclusive launch event held at a cutting-edge digital and vibrant event venue, bringing together industry stakeholders, collectors, investors and enthusiasts to mark a new chapter in Dubai’s premium number plate market. The event also featured a live auction – the first of its kind taking place in the UAE for secondary number plates. Mazal premium number plates and premium Mazal IDs were also auctioned, lifting the energy of the evening to an all-time high. Built around the principles of trust, transparency and security, Mazal aims to…

Question: I have just received a rent increase notice for my apartment in Dubai. I checked the rental index and found that the property is not eligible for an increase. What is the legal process from here?  Answer: Pursuant to your query, as you are a resident of Dubai, the provisions of the Dubai land laws and its amendment are applicable.   In Dubai, the percentage increase in rent may depend on average rent increases of the rented properties in a designated area.  This is in accordance with the Article 1 of Decree No. (43) of 2013 Determining Rent Increase for Real Property in the Emirate of Dubai (the “Dubai Rent Increase Law”) Stay up to date with the latest news. Follow KT on WhatsApp Channels. “When renewing Real Property Rent Contracts, the…

UAE property developers are looking at opportunities along the newly announced 80km Fourth Corridor, a highway connecting Sharjah, Dubai and Abu Dhabi, as demand for residential units continues across the country, driven by an inflow of new residents and a rising population of citizens. Developers say the road will make previously less convenient locations more attractive to residents, businesses and investors, and will support new residential and commercial communities along its route. Announced in September 2026, the project will become the fourth strategic road axis linking the UAE’s emirates, after Sheikh Zayed Road/Al Ittihad Road, Sheikh Mohammed bin Zayed Road and Emirates Road. Andrea Nucera, group managing director of Reportage Group, said the company has acquired a site…

Cosmo Developments, a joint venture between Abu Dhabi-based Flag Holding Group and Reportage Group, has launched THE WADI, a mixed-use residential development on Yas Island with an estimated investment of AED 6 billion. Cosmo Developments is fully managed and powered by Reportage Group. Overseen by Reportage Group from development and delivery through to long-term management, THE WADI occupies a plot area of approximately 140,700 square metres. It comprises 3,950 residential units, including studios and one-, two- and three-bedroom apartments, alongside commercial, recreational and sports facilities, as well as a hotel planned within the master plan. Conceived as a nature-led destination, THE WADI draws inspiration from the UAE’s enduring landscapes and the journey of water…

With Apple’s new iPhone line-up now official, attention turns to everything that goes around it. UGREEN is answering with the latest MagFlow and Nexode series, built around the Apple ecosystem to deliver cooler, faster and safer power at home, at the desk and on the move.   All-in-One Qi2 Magnetic Charging for Apple Devices Built around the idea that fast charging shouldn't mean extra heat, the MagFlow Pro 3-in-1 Magnetic Wireless Charging Stand 25W delivers Qi2 25W with active cooling, staying near-silent where conventional solutions throttle. It charges iPhone, AirPods and Apple Watch at once, with a real-time display and a multi-angle rotating stand.   The MagFlow Air Magnetic Power Bank packs 10,000mAh and premium ATL cells into a slim body, delivering Qi2 25W…

Walid Al Zarooni: More than 40,000 rental contracts in a single month confirm Dubai has become a destination for living, working, and investing. The "Easy Rental" initiative has strengthened market flexibility and enhanced residents' quality of life. Today's rental market stability reflects the strength of Dubai's economy, forward-looking regulations, and sustained end-user demand.   Dubai, UAE – July 15, 2026   Dubai's rental market has entered a new phase of sustainable growth after recording its highest-ever monthly rental activity, according to W Capital Real Estate Brokerage, highlighting the emirate's growing appeal as one of the world's leading destinations for investment, business, and long-term residency.   The company said that the registration of…

W Capital: Airport Expansion, Strong Off-Plan Sales and Corporate Growth Position Dubai South as Dubai’s Next Major Investment Hub Dubai, UAE – July 10, 2026: Dubai South is rapidly consolidating its position as one of Dubai’s fastest-growing real estate markets, supported by large-scale government infrastructure investments, expanding economic activity and sustained demand for residential developments, according to a new market report released by W Capital Real Estate Brokerage.   The report said the district has moved beyond its status as an emerging community to become one of Dubai’s most active real estate growth corridors, underpinned by the expansion of Al Maktoum International Airport, continued investment in logistics and commercial infrastructure,…

Dubai's real estate market achieved sales exceeding AED 286bn during the first half of 2026, marking the second-highest half-year sales in the emirate's history, a W Capital report revealed.   This performance is surpassed only by the first half of 2025, which recorded sales of AED 326.6bn, according to the report, which is based on data from the Dubai Land Department, DLD.   The sales figures included more than 86,000 transactions, comprising 71,500 residential unit deals, 7,296 building deals, and 7,129 land sales.   Sales of ready-built properties accounted for the largest share of total sales, topping AED 146.7bn through 27,200 transactions, distributed as follows: 18,300 residential unit deals, 1,738 building deals, and 7,135 land sales.   Off-plan…

Dubai’s real estate market continues to register exceptional demand for luxury properties, supported by growing confidence among local and international investors. This sustained momentum further reinforces the emirate’s position as one of the world’s most stable and attractive real estate investment destinations. Against this backdrop, Binghatti has announced penthouse sales totalling AED 270 million at Bugatti Residences by Binghatti in Business Bay during June 2026. The landmark transactions comprised the sale of an AED 200 million penthouse and a second penthouse valued at AED 70 million to international buyers, underscoring the continued demand for rare, ultra-luxury residences within globally branded developments. These transactions follow one of…

Dubai Real Estate Projects Exceed AED 275bn in Less Than Half a Year = The current pace of launches puts Dubai on track for one of its biggest real estate years in history   = Increasing demand for Dubai real estate is driving developers to launch unprecedented projects   = What Dubai is witnessing today is not cyclical growth, but a new phase of sustainable real estate development   = Dubai's real estate market is more mature and better able to absorb new projects than ever before Walid Al Zarooni     A survey conducted by W Capital Real Estate Brokerage revealed that the value of prospect  and new real estate projects in Dubai since the beginning of 2026 has exceeded AED 275 billion. This indicator reflects the continued exceptional momentum in…

Mohammed Al Yamani, Chief Executive Officer of DXR Real Estate, stated that the UAE real estate market is entering a new phase of maturity and stability in 2026, supported by continued inflows of local and international investment, a diverse range of residential offerings, and sustained confidence in the country’s property sector across all emirates.   Al Yamani explained that today’s real estate landscape is no longer driven solely by rapid price appreciation. Instead, it is increasingly shaped by project quality, location, developer reputation, and flexible payment plans. This shift, he noted, creates greater opportunities for investors—particularly middle-income buyers—to make informed decisions that generate sustainable long-term…

Bayut and dubizzle, part of homegrown unicorn Dubizzle Group, have launched “Proud of the UAE,” an industry-wide campaign bringing together some of the country’s leading real estate voices, including prominent brokerage leaders and long-standing top clients of the platforms, to express appreciation for the UAE’s leadership, vision and continued commitment to safety, stability and progress. The campaign features a series of short messages from prominent real estate brokerage entrepreneurs and CEOs, many of whom represent some of Bayut and dubizzle’s most valued and high-performing partners. Each participant shares a message of gratitude for the UAE and the opportunities it has created for people, businesses and industries to grow with confidence. A Unified…