Category Archives: Dubai economy

Weekly news summary on what is happening in Dubai

Get Ready For This!

Posted on September 5, 2026 by howesdubai

 Get Ready For This!                              04 September 2026 H1 transaction activity witnessed Dubai recording US$ 78.04 billion in property sales – the second strongest first-half performance on record, with off-plan sales continuing to dominate; it also backs up claims of … Continue reading →

Posted in Categorized | Leave a comment

Damned If I Do, Damned If I Don’t!

Posted on August 29, 2026 by howesdubai

Damned If I Do, Damned If I Don’t!                       28 August 2026 The latest Cushman & Wakefield Core’s H1 2026 report shows that the residential market is set to post high figures, that were last seen eighteen years ago in … Continue reading →

Posted in Categorized | Leave a comment

Been Here Before!

Posted on August 22, 2026 by howesdubai

Been Here Before!                                                21 August 2026 Following a review, Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai, posted that over 24k extra real estate units had been added to the emirate’s property portfolio in H1, 36% higher than … Continue reading →

Posted in Categorized | Leave a comment

Think Twice – This Is Getting Serious!

Posted on August 14, 2026 by howesdubai

Think Twice – This Is Getting Serious!                      14 August 2026 Dutco Construction has been awarded a contract to transform the former Dubai Zoo site, closed in 2016, after fifty years, in Jumeriah One The investment firm Shamal Holding announced the … Continue reading →

Posted in Categorized | Leave a comment

England Swings!

Posted on August 7, 2026 by howesdubai

England Swings!                                                                07 August 2026 Q2 has seen ECC Contracting posting the strongest project acquisition quarter in its history, as it secured three major Dubai construction contracts, with a combined value of US$ 1.29 billion. The three projects, encompassing … Continue reading →

Posted in Categorized | Leave a comment

It’s Hard To Be Humble!

Posted on August 1, 2026 by howesdubai

It’s Hard To Be Humble!                                                          31 July 2026 Binghatti Holding registered very robust H1 figures, including revenue 50.0% higher, at US$ 2.59 billion, gross profit by 66.0% to US$ 1.17 billion, EBITDA by75% to US$ 1.04 billion and net profit, … Continue reading →

Posted in Categorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Drill Baby Drill!

Posted on July 25, 2026 by howesdubai

Drill Baby Drill!                                                     24 July 2026 Once again, driven by ongoing demand for homes, (valued at over US$ 2.72 million), three hundred and seven June sales of luxury off-plan residential market garnered US$ 1.01 billion, from 0.31k sales, with … Continue reading →

Posted in Categorized | Leave a comment

Out Of My Depth!

Posted on July 18, 2026 by howesdubai

Out Of My Depth!                                                      17 July 2026 Dubai’s waterfront property market has become a real estate success story, as the widening gap between demand and supply continues to push prices higher.The Future of Seafront Being report, produced by White Paper … Continue reading →

Posted in Categorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

One Man Show!

Posted on July 12, 2026 by howesdubai

One Man Show!                                                  10 July 2026 Dubai’s H1 residential property market posted sales of US$ 60.30 billion, across almost 79.2k transactions, understandably lower on H1 2025 figures by 15.7% and 14.0%. June’s sales figure of US$ 6.86 billion was … Continue reading →

Posted in Categorized | Tagged , , , , , , , , , , , , , , , , , | Leave a comment