Latest News – Prefab UAE

Dubai real estate deals exceed $9.26bln in 5 months

The total real estate transactions in the emirate of Dubai valued at more than AED 34 billion during the first five months of 2019, up 33% from AED 24 billion in 2018, recent data issued by Dubai Land Department (DLD) showed. The apartments market came in the first spot in terms of transactions, beating the lands market,... READ MORE

Dubai named world’s top mega city for construction

Dubai has been named as the world’s top city for construction projects with a pipeline worth $374.2 billion, according to new research. The UAE city beat London into second place, with $328.7 billion worth of projects, in a list of the world’s 50 Construction Mega Cities compiled by GlobalData. According to the report, an estimated… READ MORE

Your Dubai-Sharjah commute will soon get a big upgrade

Your Dubai-Sharjah comute is about to get a whole lot better. Thanks to the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, there is about to be a serious enhancement of roads between Dubai and Sharjah. The Tripoli Street Improvement Project has… READ MORE