• Emaar Properties, Dubai's largest listed developer, has unveiled two new luxury projects valued at a combined Dh96 billion ($26.14 billion) in response to the burgeoning property market and heightened investor demand. The lifestyle developments, named The Heights Country Club and Grand Club Resort, are strategically located adjacent to The Oasis, an existing Emaar development on the outskirts of Dubai. While specific project details remain undisclosed, Emaar anticipates that both ventures will significantly bolster sales and profitability, featuring an extensive array of villas and townhouses.

• The Heights Country Club, valued at Dh55 billion, is the larger of the two projects, encompassing a sprawling area of 81 million square feet. On the other hand, the Grand Club Resort, with a development value of Dh41 billion and an area spanning 60 million square feet, promises to offer a wellness center and deliver high-end hospitality experiences. Dubai's real estate sector continues to thrive, buoyed by robust investor sentiment, favorable economic conditions, and supportive residency policies. Last year, the emirate witnessed a 20% annual growth in real estate transactions, reaching a total value of Dh634 billion.