As of August 2024, Dubai’s total available five-star hotel rooms stand at 52,750. Kleindienst Group is set to become the largest five-star hotel developer in Dubai with its ambitious 5,000-room mega project across The Heart of Europe on The World Islands. The group has also reached a 20% construction milestone for its AED 500 million Hotel London.

Palma Development, a leading real estate developer, has celebrated a major construction milestone with the topping out of Serenia Living, an exclusive beachfront development on the crescent of Palm Jumeirah, valued at AED 3 billion.

Azizi Developments, a leading private developer in the UAE, has announced that more than 70% of the units in the fourth phase of its French Mediterranean-inspired Riviera community, located in the prestigious Mohammed Bin Rashid City (MBR City), have already been sold.