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Home»Business»Dubai developer launches $27bn venture; huge UAE Lottery win; RAK merger; $980 espresso – 10 stuff you missed this week
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Dubai developer launches $27bn venture; huge UAE Lottery win; RAK merger; $980 espresso – 10 stuff you missed this week

VernoNewsBy VernoNewsOctober 24, 2025No Comments8 Mins Read
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Dubai developer launches bn venture; huge UAE Lottery win; RAK merger; 0 espresso – 10 stuff you missed this week
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Ras Al Khaimah merged its actual property and hospitality arms, Dubai’s property market hit new highs, and Dubizzle delayed its long-awaited IPO. The week additionally introduced new investor incentives for lodge builders, a warning on Saudi Arabia’s oversupplied hospitality pipeline, and a $980 espresso that gave Dubai’s café scene a jolt.

Meet up with 10 tales you might need missed this week, as chosen by Arabian Enterprise editors.

The event will embrace direct entry to a championship golf course, wellness centres, stores, and a community of landscaped parks. Picture: Equipped

Dubai’s Emaar launches AED 100 billion masterplan with 40,000 luxurious properties

Dubai actual property developer Emaar Properties on Thursday introduced the launch of Emaar Hills, a AED 100 billion master-planned neighborhood that includes 40,000 ultra-luxury properties, because it expands its portfolio of high-end developments within the emirate.

Positioned close to Dubai Hills Property and Dubai Hills Mall, the venture will embrace Dubai Mansions, a set of 10,000 to twenty,000-square-foot residences designed to mix trendy structure with landscaped environment and wellness-focused facilities.

Emaar described the brand new neighborhood as one in all Dubai’s most prestigious enclaves, integrating leisure, nature, and connectivity. The event will embrace direct entry to a championship golf course, wellness centres, stores, and a community of landscaped parks.

Ras Al khaimah firms merge to fuel transformation
The mixing strengthens Marjan’s capability to ship main tasks together with Al Marjan Island, RAK Central (pictured), Marjan Seashore and different upcoming grasp plans which are but to be introduced.

Ras Al Khaimah merges actual property and hospitality arms beneath Marjan to speed up development

Ras Al Khaimah’s Marjan and RAK Hospitality Holding have merged to create a single firm working beneath the Marjan title.

This comes because the emirate goals to fast-track its transformation into a worldwide life-style and funding hub in keeping with RAK Imaginative and prescient 2030, executives instructed Arabian Enterprise on the launch.

The merger brings collectively the emirate’s actual property, hospitality and life-style divisions beneath one platform, positioning Marjan as one of many UAE’s largest builders and a central driver of Ras Al Khaimah’s development targets. These embrace welcoming 3.5 million annual guests, increasing to almost 20,000 lodge keys and delivering new master-planned communities throughout the emirate.

Dubai Free Zone Guide 2025
Evaluate 30 Dubai free zones — from DIFC to DMCC — with setup prices, visa packages, services and key sectors for startups in 2025

Dubai Free Zone Information 2025: The final word handbook for entrepreneurs

Dubai free zones energy one of many world’s most dynamic startup ecosystems — combining 100 per cent international possession, tax benefits and streamlined licensing.

In 2025, round 30 specialised zones throughout the emirate cater to entrepreneurs in AI, FinTech, HealthTech, Design, E-commerce and Superior Manufacturing.

This handbook, drawn from the Dubai Startup Information 2025, particulars 30 key free zones — outlining their sectors, services, visa packages, setup prices and make contact with particulars to assist founders select the proper launch base.

Prince Khaled bin Alwaleed, founder and CEO of KBW Ventures
Prince Khaled bin Alwaleed, founder and CEO of KBW Ventures

EXCLUSIVE Prince Khaled blasts Meta for ignoring on-line scams: “They’re solely right here to revenue”

HRH Prince Khaled bin Alwaleed bin Talal Al Saud has accused tech large Meta of “turning a blind eye” as faux accounts impersonating his sister, HRH Princess Reem bint Alwaleed, brazenly defraud Gulf residents on Fb and Instagram.

Dozens of fraudulent pages, he mentioned, are utilizing Princess Reem’s title and picture to solicit small money “investments” – typically as little as AED 100 – from susceptible GCC residents. Regardless of documented complaints, Meta has did not acknowledge his group’s reviews.

“When there’s a actual drawback, like fraudulent unhealthy actors taking unsuspecting folks for cash, out and out conning them brazenly, social media corporations declare not to have the ability to handle the issue,” Prince Khaled instructed Arabian Enterprise.

Julith coffee dubai world's most expensive
Dubai café pours a $980 cup of ambition as Julith debuts the world’s most beneficial espresso, giving the town’s specialty scene a critical buzz

Dubai café serves $980 espresso to offer the town’s specialty scene a critical buzz

A Dubai café is serving the world’s most costly espresso for $980 a cup — and it’s giving the town’s specialty scene a critical buzz.

The Dubai specialty-coffee scene has reached a defining second as home-grown roaster Julith begins pouring the Nido 7 Geisha, the world’s most beneficial espresso.

Following its record-breaking buy for AED2,218,785 ($604,080) on the 2025 Better of Panama Public sale, the uncommon beans at the moment are obtainable to the general public — although solely 20kg exist worldwide, with a portion reserved for the Dubai Royal Household.

Saudi hospitality braces for World Cup
Riyadh presently has 22,729 lodge keys, whereas Jeddah’s inventory of 20,518 is predicted to climb to 30,611 by 2030. Picture: Shutterstock

Saudi lodge pipeline in Riyadh, Jeddah dangers oversupply, JLL warns forward of 2034 FIFA World Cup

Saudi Arabia’s hospitality sector is poised for important growth forward of the 2034 FIFA World Cup, however dangers oversupply in main cities similar to Riyadh and Jeddah except traders diversify into rising locations like NEOM and Abha, international actual property consultancy JLL mentioned in a brand new white paper.

The report, titled Past the Whistle, mentioned lodge provide in Riyadh and Jeddah is already rising quickly, with projected annual will increase of 6 and 5 per cent respectively, among the many highest within the Kingdom. Riyadh presently has 22,729 lodge keys, whereas Jeddah’s inventory of 20,518 is predicted to climb to 30,611 by 2030.

JLL warned that “whereas Riyadh, Jeddah and Al Khobar will stay strategically vital, Abha and NEOM current extra fast and underexploited alternatives for lodge growth,” significantly because the Kingdom prepares for the World Cup. These areas, it mentioned, align with Saudi Arabia’s tourism diversification technique and supply “first-mover benefits” in sustainable and luxurious hospitality.

UAE lottery jackpot winner 18102025
Test your tickets to see when you’ve got received $27m grand prize within the UAE Lottery on Saturday, October 18

UAE Lottery declares first $27m jackpot winner

The UAE Lottery has its first AED100m ($27.2m) winner after a single ticket matched six numbers in addition to the +1 determine.

In keeping with the sport organiser, the possibilities of successful the grand prize are one in 8,835,372 and that is the primary time it has occurred because the UAE Lottery was launched.

A submit on the official web site confirmed a single ticket received the highest prize, whereas three folks received a lesser prize by matching six numbers.

dubizzle group

Dubizzle postpones IPO plans

Dubizzle Group Holdings, the main digital classifieds market within the MENA area, has introduced it should postpone IPO plans to evaluate “optimum timing”.

The itemizing was deliberate for November 6 on the Dubai Monetary Market and was anticipated to see round 30.34 per cent of the corporate’s whole issued share capital supplied to traders by means of a mix of latest and current shares.

In an announcement, the group mentioned it has obtained robust curiosity from traders and can have a look at future IPO itemizing.

Dubai real estate
Dubai is a standout alternative for traders looking for sturdy returns in a dynamic international market, specialists mentioned. Picture: Shutterstock

Dubai property market hits $37.7bn as condo gross sales soar and villa offers cool

The Dubai residential actual property market strengthened additional in Q3 2025, defying international uncertainty to submit 56,015 transactions price AED138.3bn ($37.7bn).

Whereas whole worth dipped 6.4 per cent quarter-on-quarter, gross sales quantity rose 11.4 per cent, underscoring deep investor confidence and sustained demand for brand new tasks. Condo gross sales surged to AED93bn ($25.3bn) — the best worth ever recorded in Dubai’s residential market.

Volumes climbed 22 per cent to 48,646 models, led by a 35 per cent quarter-on-quarter bounce in off-plan condo gross sales. Off-plan transactions accounted for 70 per cent of whole gross sales quantity and 59 per cent of worth — each all-time highs.

Dubai ultra-luxury real estate market Palm Jebel Ali
Palm Jebal Ali in Dubai

Dubai motels: New investor incentives supply 100% payment refunds for tasks in key development zones

Dubai has unveiled a serious lodge investor incentive programme providing 100 per cent refunds on key municipal and tourism charges for 2 years after opening. The transfer targets new lodge tasks in Dubai South, Palm Jebel Ali, Dubai Parks and Dubai Islands.

The Division of Financial system and Tourism (DET) launched the lodge investor incentive to stimulate hospitality growth in future high-growth areas throughout the emirate.

The initiative follows the issuance of Government Council Decision No. (68) of 2025 by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Government Council.

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