Latest news and articles about dubai economy from NEX English
The Dubai government has announced new changes to its visa system and the opening of the Golden Metro Line, enhancing the city's appeal as an investment destination. These measures come at a critical time amid regional tensions, aimed at attracting investors and boosting economic stability.
Residential property sales in Dubai have seen a significant increase, reaching 57,300 units in the first four months of 2026. This growth reflects the rising demand for real estate in the emirate amid current global economic conditions.
The momentum in Dubai's real estate market continues, with property transactions reaching AED 15.3 billion last week. This figure reflects the market's strength and reinforces Dubai's position as a major investment hub.
Dubai's daily real estate transactions have seen a significant increase, reaching AED 6.1 billion, the highest level in two months. This rise reflects notable activity in the emirate's real estate market.
Dubai Multi Commodities Centre has announced the launch of the Cocoa Center, aimed at enhancing cocoa trade in the region. The new center will provide an integrated platform for producers, importers, and distributors.
Real estate sales in Dubai have seen a significant increase, reaching <strong>138.7 billion dirhams</strong> in the first quarter of the year. This growth is driven by high-value investment deals and reflects the rising interest in luxury properties in the emirate.
Dubai welcomed <strong>2709 new companies</strong> to its trade sector in March 2023, reflecting the ongoing growth of the local economy. This increase demonstrates confidence in the emirate's business environment as the government seeks to enhance commercial activity and attract investments.
The Dubai real estate market recorded daily transactions amounting to <strong>4.5 billion dirhams</strong> at the beginning of April, indicating a significant uptick in sector activity. These figures reflect a recovery in the emirate's real estate market.