According to a Bloomberg story today, Dubai Holding intends to establish a real estate investment trust (REIT) in order to profit from the emirate’s rising real estate market.

The General Commercial Gaming Regulatory Authority of the United Arab Emirates granted the first license for a commercial gaming operator to Wynn Resorts (WYNN.O), an operator of hotels and casinos, o...

The Dubai property known as the Palazzo Versace is being offered at auction once more, but this time, the Dh1.3 billion asking price has been drastically reduced. The seller had lowered the asking pri...

Interest in off-plan residential projects in Expo City, Dubai, will increase with the implementation of its new masterplan, which includes the creation of distinct mini-hubs and opportunities for futu...

The UAE-based MAG Lifestyle Development has announced the opening of MAG 777, a state-of-the-art residential tower in Dubai Sports City that is already 60% finished and costs AED 350 million ($95.2 mi...

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved a new master plan for Expo City Dubai in the presence of Sheikh Hamdan bin Mohammed bin...