Dubai developer launches $27bn project; Massive UAE Lottery Win; Rak integration; $980 coffee – 10 things to remember this week
Ras Al Khaimah has consolidated its housing and tourism portfolio, Dubai’s property market has hit new highs, and Dubizzle has delayed its long-awaited IPO. This week also brought new incentives for investors for hotel developers, a warning about the hospitality pipeline in Saudi Arabia, and a $980 coffee that gave Dubai’s Café Scene a Jolt.
Catch up on 10 stories you might have missed this week, as selected by Arabian business editors.
Dubai’s Emaar unveils AED 100 billion MasterPlan with 40,000 luxury homes
Dubai Real Estate Developer Properties on Thursday announced the launch of Emaar Hills, a 1,000-unit planned community with 40,000 Ultra-Luxulios, as it expands its portfolio of high-end developments in the Emirate.
Located close to Dubai Hills Estate and Dubai Hills Mall, the project will include Dubai mallions, a collection of 10,000 to 20,000 residential units designed to combine modern architecture and amenities.
Emaar described the new community as one of the most respected characters in Dubai, combining leisure, nature and connectivity. This development will include direct access to the Championship Golf Course, Wellness Centers, retail stores, and a network of local parks.
RAS AL Khaimah combines real estate and hospitality properties under Marjan to accelerate growth
Marjan Al Khaimah’s Marjan and Rak Hospitaliotive Hording have merged to create a single company operating under the Marjan name.
This comes as the emirate aims to fast-track its transformation into a global lifestyle and investment hub in line with Rak Vision 2030, executives told Arabian business at the launch.
The integration brings together the emirate’s real estate, hospitality and lifestyle properties under one platform, Marjan’s position as one of the UAE’s largest developers and the owner driver of RAS AL Khaimah. This included 3.5 million annual visitors, increased the number of hotel keys to almost 20,000 and brought new well-planned communities to the Emirate.
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Prince Khaled Blasts Meta’s Neglect of Online Scams: “They’re Only Here to Make a Profit”
HRH Prince Prince Khaled Bin Alwaleed Bin Talal al Saud accused Piant Giant Meta of ‘fake accounts impersonating his Sisters, residents of Factraud Gulf on Facebook and Instagram.
Many fake pages, he said, use Princess Reem’s name and photo to ask for a small amount of “investment money – usually like AED 100 – from Chizakhi of the GCC in danger. Without written complaints, the meta failed to acknowledge the reports of his group.
“When there is a real problem, like bad actors of fraud taking people who don’t deserve money, and bringing it back into the open, the telecommunications companies say they can’t handle the problem,” Prince Khaled told Arabian Business.
The Dubai Café works for $980 a coffee to give the city’s special place a serious buzz
Dubai Café serves the most expensive coffee in the world at $ 980 a cup – and gives the special place of the city a heavy buzz.
Dubai’s specialty coffee scene has reached a defining moment as home-grown roaster julith brews Nido 7 Geisha, the world’s most premium coffee.
After its record purchase of AED2,218,785 ($604,080 ($604,080) at the 2025 Best of Panama Auction, the rare bean is now available to the public – with a portion reserved for the royal family of Dubai.
The pipeline in the Saudi hotel in Riyadh, Jeddah poses a serious risk, JLLL warned ahead of the 2034 FIFA World Cup
Saudi Arabia’s hospitality sector is poised for a major expansion ahead of the FIFA World Cup, but risks in major cities such as Riyadh and Jeddah unless investors divest from real estate and real estate in a new paper.
The report, titled Beyond the Whistle, said hotel supply in Riyadh and Jeddah is already growing rapidly, increasing by 6 and 5 per year respectively in the kingdom. Riyadh currently has 22,729 hotel rooms, while Jeddah’s stock of 20,518 is expected to rise to 30,611 by 2030.
JLll warned that “while Riyadh, Jeddah and Al Khobar will remain very important, Aba and Neom find immediate and unsecured opportunities to develop hotels,” especially as the kingdom prepares for the World Cup. These regions, they say, are in sync with the strategy of diversifying Saudi Arabia’s tourists and making “first-hand gains” in sustainable and comfortable hospitality.
UAE Lottery announces Fire $27m jackpot Winner
The UAE Lottery has its first winner of AED100m ($27.2m) after one ticket matched six numbers and +1.
According to the game developer, the odds of winning the grand prize are one in 8,835,372 and this is the first time this has happened since the launch of the UAE lottery.
A post on the official website showed one ticket winning the top prize, while three people won the smaller prize by matching six numbers.
Dubizzle PostPones IPO Ples
Dubizzle Group Holdings, the leading digital asset in the Mena region, has announced that it will postpone its IPO plans to test “the right time”.
The listing was scheduled on November 6 in the Dubai stock market and is expected to see 30.34 percent of the company’s tax deducted from the share price of the money given to investors through a combination of new and existing shares.
In a statement, the group said it has received strong interest from investors and will look into an upcoming IPO listing.
Dubai Property Market hits $37.7bn as apartment and villa sales continue to cool
The Dubai Recidere Real Estate Market strengthened further in Q3 2025, defying global uncertainty to post 56,015 transactions worth AED138.3BN ($37.7bn).
While the total amount sinks 6.4 Pent Quarter-on-quarter-quarter, the volume of sales Rose 11.4 Percent high, the deep confidence of the investor confidence and limited demand for new projects. The sale of the apartment was recorded at AED93BN ($25.3bn) – the highest price ever recorded in the Dubai Residential Market.
Volumes rose 22 percent to 48,646 units, led by a 35 percent jump in apartment sales. Off-Plan positive transactions accounted for 70 percent of total sales volume and 59 percent of value – an all-time high.
Hotels in Dubai: New investor positions offer 100% return on investment for projects in key growth areas
Dubai has unveiled a major Investor Incentite incentive program that offers 100 percent cash back on key municipal and tourism charges for two years after opening. Travel is targeting new hotel projects in Dubai South, Palm Jebel Ali, Dubai Parks and Dubai Islands.
The Department of Economy and Tourism (DeP) has launched a Hotel Limit to encourage the development of hospitality in future growth areas across the Emirate.
This step follows the issuance of the decision of the Executive Council No. (68) of 2025 by Sheikh Hamdan Bin Mohashid al Maktoum, Preacher of the Prime Minister, Minister of Defense, and Chairman of the Executive Council.
