Business

Dubai,​January 13, 2026​ : Acube Abodes Realty announces the successful groundbreaking ceremony of Altair 52, its latest premium residential development, located in the fast-growing master community of Dubai South. The milestone marks the official commencement of construction for the project, reinforcing the developer’s commitment to delivering high-quality, thoughtfully designed living spaces.

Through this ground-breaking ceremony, Altair 52 becomes one of the first residential projects to have commenced construction in the new year, marking a new beginning for Dubai’s high-growth real estate sector that has seen an unprecedented 215,700 property sales transaction last year worth Dh686.8 billion, according to data sourced from Dubai Land Department.

Property developers completed 42,784 residential units last year, up 45 per cent from 2024. Meanwhile, 177,624 new units were launched, a 6.1 per cent increase, ensuring a healthy pipeline into 2026.Apartments accounted for the bulk of activity, with 170,448 sales worth Dh332.9 billion, an increase of nearly 20 per cent. Villa sales rose 11.1 per cent to 34,671 units, totalling Dh206.9 billion.

Dubai’s property market is forecast to see a significant influx of approximately 120,000 new home delivery in 2026, a major increase from 2024/2025, signaling a shift towards a more mature market with greater buyer choice and potential price stabilization, though luxury segments remain strong. This large supply wave, driven by earlier launches, will test absorption, but historical delays mean actual deliveries might be lower than projections, softening immediate oversupply fears, with buyers becoming more discerning. 

Setting the tone for the construction activities for 2026, Altair 52 is envisioned as a contemporary residential development that blends modern architecture, efficient layouts, and lifestyle-oriented amenities. It is strategically located in Dubai South. The project benefits from seamless connectivity to major highways and proximity to Al Maktoum International Airport, as well as its easy access to key commercial and logistics hubs such as the Jebel Ali Free Port and Free Zone that will see increased economic activities.

The groundbreaking ceremony was attended by senior management of Acube Abodes Realty, project consultants, contractors, and key stakeholders, symbolising a strong foundation built on trust, planning, and execution excellence.

Mr Akshay Agarwal Founder and CEO of Acube Abodes Realty, said: “The groundbreaking of Altair 52 represents a significant step forward in our journey as a developer. Dubai South continues to emerge as one of the most promising destinations in Dubai, and Altair 52 reflects our vision to create value-driven homes that combine design, functionality, and long-term investment potential.”

Designed to cater to both end-users and investors, Altair 52 will offer well-planned residential units complemented by modern amenities, landscaped spaces, and community-focused features, aligning with Dubai South’s vision of a sustainable and future-ready urban ecosystem.

Meanwhile, 70 percent of the residential units at Altair 52 has been sold out by the project’s master broker Golden Bricks, marking a significant achievement in the project’s progress that reflects customer confidence in Acube Abodes Realty. This also reflects Golden Bricks’ strong market presence, customer trust, and effective sales strategies, further establishing the company as a leading force in premium residential property brokerage. 

The impressive response from buyers reflects the appeal of Altair 52’s modern design, strategic location, and lifestyle offerings, reinforcing Golden Bricks’ commitment to delivering exceptional real estate solutions. 

Acube Abodes Realty has also announced that it will launch two new projects – Altair 72 and Altair 92 – in Dubai South. Akshay Agarwal Founder and CEO of Acube Abodes Realty, is also a Member of the Board of Directors at Arihant Group of Companies in Mumbai that carries a strong legacy of professional real estate development services that they have brought to the UAE.

Construction activities are now underway, with Acube Abodes Realty reaffirming its focus on timely delivery, quality standards, and customer satisfaction. Once completed in 2027, Altair 52 will deliver 52 well-appointed studios, one-, two- and three-bedroom apartments that comes with lots of lifestyle facilities and amenities.

Dubai , january 7 , 2026 : Dubai, HONOR, a leading global AI device ecosystem company, has
announced the upcoming opening of its new HONOR Experience Store at BurJuman Mall Dubai, further
strengthening the brand’s retail presence in Dubai and bringing its immersive AI Smart Living experience
closer to consumers.
Located at Level 2, Lobby A, BurJuman Mall, the new store will officially open its doors on 9 January,
offering customers an interactive space to explore HONOR’s latest innovations across smartphones,
laptops, tablets, wearables, and AI-powered IoT devices. Designed as a next-generation retail
destination, the HONOR Experience Store invites consumers to engage with technology through hands-
on discovery, live demonstrations, and personalized in-store experiences.
Building on the momentum of HONOR’s recent flagship retail expansion in the UAE, the BurJuman store
reflects the brand’s continued investment in experiential retail and its long-term commitment to delivering
accessible, human-centric AI technology to consumers across the UAE
A New Destination for AI Smart Living
The HONOR Experience Store at BurJuman has been designed as an immersive AI Smart Living hub,
showcasing how intelligent technology can seamlessly integrate into everyday life. From productivity-
focused devices to connected lifestyle solutions, the store highlights HONOR’s expanding ecosystem and
its vision for AI that enhances creativity, convenience, and connectivity.
Customers will be able to explore HONOR’s latest flagship smartphones alongside a wide range of
ecosystem products, supported by in-store experts who offer guided demonstrations and tailored
recommendations.
Strengthening HONOR’s Retail Presence in Dubai
The BurJuman opening marks another milestone in HONOR’s UAE retail expansion strategy, following
the successful launch of its flagship experience locations and reflecting growing consumer demand for
hands-on brand engagement.
By bringing its AI Smart Living concept to BurJuman Mall – one of Dubai’s established shopping
destinations – HONOR continues to deepen its connection with local consumers and reinforce its position
as a trusted innovation brand in the UAE.
Opening Weekend Experiences and Exclusive Offers
To celebrate the opening, HONOR will roll out a series of opening-weekend promotions and in-store
engagement activities from 9 to 11 January, designed to reward early visitors and create excitement
around the new retail destination.

Abudhabi , January 7, 2026 : Al Masaood Automobiles, the authorised Nissan distributor in Abu Dhabi, Al Ain and the Al Dhafra Region, has launched a New Year campaign featuring limited-time offers across its Nissan new car range and services, giving customers a strong start to 2026.

The promotion includes competitive pricing and savings on popular Nissan sedans, SUVs and performance models. Highlights include the Nissan Z from AED 2,435 per month, savings of up to AED 9,000 on the Altima, up to AED 7,500 on the KICKS, and up to AED 7,000 on the Magnite. SUV offers include savings of up to AED 20,000 on the Patrol, up to AED 14,500 on the X-TERRA, and up to AED 23,000 on the X-Trail. All offers are available for a limited time and subject to stock availability and terms and conditions.

Bachir Gemayel, Sales and Marketing Director at Al Masaood Automobiles, said the campaign is designed to help customers make confident decisions at the start of the year, supported by strong value, comprehensive warranty coverage and aftersales benefits.

All vehicles included in the campaign come with a five-year warranty and Nissan Roadside Assistance. In addition, existing Nissan owners can benefit from a service promotion running until 24 January 2026, where customers spending AED 1,000 or more at Nissan Abu Dhabi service centres will be entered into a draw to win a Nissan Magnite or complimentary service packages.

The campaign reinforces Al Masaood Automobiles’ focus on delivering value across both vehicle purchases and aftersales support throughout the ownership journey.

Dubai,January 5, 2026:​ Dubai World Trade Centre (DWTC) has unveiled its H1 2026 events calendar, featuring 71 international exhibitions and conferences set to reinforce Dubai’s position as a global hub for business, trade and investment.

Spanning the first half of the year, the diverse calendar brings together global industry leaders, investors and innovators across sectors including healthcare, food and beverage, energy, tourism, technology, mobility, security, manufacturing and culture. Several large-scale and co-located events will take place across Dubai World Trade Centre and the newly expanded Dubai Exhibition Centre (DEC), activating the city and amplifying economic impact.

Mahir Julfar, Executive Vice President, Dubai World Trade Centre, said the H1 line-up reflects DWTC’s role as a key driver of business tourism and economic growth in line with Dubai’s Economic Agenda D33.​ “Our world-class exhibitions and conferences act as strategic drivers for business tourism, international investment and cross-sector collaboration. By hosting select mega events across DWTC and the expanded Dubai Exhibition Centre, we are doubling the city’s capacity to host global events, enabling further growth across industries and enhancing our contribution to the local economy,” Julfar said.

Strong Start to the Year with Global Mega Events

The year begins with Intersec (12–14 January), the region’s leading platform for security, safety and fire protection, running alongside Light + Intelligent Building Middle East. These will be followed by FESPA Middle East (13–15 January), catering to the specialty printing and signage industry.

January also sees the return of World of Coffee Dubai (18–20 January) and AEEDC Dubai (19–21 January), the world’s largest annual dental conference and exhibition. The month concludes with Gulfood (26–30 January), the world’s largest food and beverage sourcing event, co-hosted at DWTC and DEC and marking the first mega event to be staged at the expanded DEC.

Healthcare, Aviation and Industrial Focus in February

February will spotlight healthcare, aviation and logistics with events including Aircraft Interiors Middle East, MRO Middle East, Breakbulk Middle East, and World Shisha Show (4–5 February). The Dubai 2026 World Stamp Exhibition (4–8 February) will also bring global collectors to the city.​ Healthcare takes centre stage with World Health Expo – WHX (9–12 February), formerly Arab Health, celebrating over 50 years of industry leadership, alongside WHX Labs (10–13 February), previously Medlab Middle East.

Ramadan, Then Momentum Continues Post-Eid

During Ramadan, DWTC will host The Majlis (18 February – 19 March), welcoming guests for Iftar throughout the holy month. Following Eid Al Fitr, the calendar resumes with DUPHAT (24–26 March), Dubai Derma (31 March – 2 April) and Gulf Print & Gulf Pack.​ April features Middle East Energy, DOMOTEX Middle East, and a mix of lifestyle and creative exhibitions including World Art Dubai, Petworld Arabia, Middle East Coatings Show, and The Baby Expo.

Travel, Technology and Infrastructure Lead May and June

May is led by Arabian Travel Market (4–7 May), alongside major global platforms such as DIHAD, GISEC Global, GETEX Spring, Seamless Middle East, and Airport Show & Global Airport Leaders Forum.​ The first half of the year concludes in June with a strong focus on hospitality, design, mobility and public safety, including The Hotel Show, INDEX, CABSAT, Middle East Rail, MOVE Middle East, Solar & Storage Live, China Home Life, and the World Police Summit (23–25 June).

With its expansive and strategically curated calendar, DWTC continues to play a pivotal role in driving international business engagement, trade growth and global investment, reinforcing Dubai’s standing as one of the world’s leading destinations for major events.

Dubai , December 22 , 2025 :

Nisus Finance Services Company Limited (NIFCO) has acquired Lootah Avenue, a fully occupied residential development in Dubai Motor City, for Dh220.76 million, including acquisition, transaction and refurbishment costs. The investment was made through the Nisus High Yield Growth Fund, domiciled in the Dubai International Financial Centre, with a feeder structure in GIFT City to enable Indian investor participation.

Completed in 2021, Lootah Avenue comprises 273 residential units, along with a medical centre and eight retail outlets. The deal is backed by Emirates NBD and supported by global institutional investors.

The acquisition comes amid continued strength in Dubai’s property market, where real estate transactions reached Dh624.1 billion in the first 11 months of 2025. Nisus Finance said the investment reflects rising institutional confidence in Dubai real estate, particularly in established communities such as Motor City, which has shown stronger price growth than the wider market.

The transaction is Nisus Finance’s largest investment in the UAE to date and more than doubles the combined value of its existing UAE portfolio. The firm said its strategy focuses on ready, income-generating assets to meet demand from end users and investors seeking alternatives to off-plan projects.

Dubai, 18th December, 2025 (WAM) — TECOM Group PJSC, the creator of specialised business districts and vibrant communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address rising demand for Grade-A office spaces from global multinational companies in vital, future-focused economic sectors.

With a gross leasable area (GLA) of 263,000 sq.ft., the AED615 million development represents the fourth phase of Innovation Hub and strengthens Dubai Internet City’s position as the leading technology hub in the region.

The launch of Innovation Hub Phase 4 supports TECOM Group’s strategic growth plan and raises its total investments in the Innovation Hub project in Dubai Internet City to reach AED 2 billion.The announcement follows the success of Innovation Hub’s third phase development, which was fully leased ahead of its scheduled completion in 2027. The second phase of Innovation Hub is also complete and fully leased to Fortune 500 companies and digital economy leaders, while Phase 1 serves as the cornerstone for launching the project, which remains a leading destination for global technology businesses such as Google and Gartner.

The fourth phase of Innovation Hub will enhance TECOM Group’s portfolio of Grade-A commercial assets, strengthening its ability to serve new and existing technology customers upon completion in 2028 and amid rising demand for premium office spaces driven by leading national strategies.

Abdulla Belhoul, Chief Executive Officer of TECOM Group, said, “The launch of Innovation Hub Phase 4 reflects TECOM Group’s ongoing commitment to supporting vital future-focused economic activity in the UAE and Dubai. The UAE’s and Dubai’s globally renowned pro-business framework, coupled with visionary strategies such as the UAE’s Digital Economy Strategy and Dubai Economic Agenda ‘D33’, continue to highlight our nation’s ability to attract future-focused innovators and investors. This strategic development further enhances Dubai Internet City’s empowering role in the technology sector, ensuring it is well-positioned to serve the evolving needs of the digital economy.

“Our healthy liquidity and strategic roadmap for sustainable growth ensure we are well-placed to capitalise on favourable market dynamics, and we will continue to expand TECOM Group’s portfolio in high-growth sectors that promote innovation to deliver long-term value for our shareholders.”

The Group will utilise its existing resources to finance the development while ensuring it maintains a healthy leverage and liquidity position. The development follows TECOM Group’s strong nine-month financial performance in 2025, led by increased occupancy, higher rental rates, improved efficiencies, and continued portfolio expansion.

The Group reported revenues of more than AED2.1 billion, representing 20 percent year-on-year (YoY) growth during the first nine months of the year, with net profit exceeding AED1.1 billion (+18 percent YoY) compared to the same period in 2024.