Dubai Market Insights

Dubai casino MGM world Bellagio project

Rumour Has It: Dubai Is Quietly Building a Casino

Dubai Casino: Is MGM's $2.5 Billion Island Resort Just Waiting for a License? There is a story circulating in Dubai property circles about a Dubai casino — one that officially does not exist. A 25-acre artificial island is rising off the coast of Umm Suqeim, less than a kilometre from the Burj Al Arab. Three of the most famous Las Vegas hotel brands — MGM Grand, Bellagio, and Aria — are being built...

Dubai rental market 2026

Dubai Rents Are Falling. Is This a Correction, or the Start of Something Bigger?

In March 2026, ValuStrat's residential price index posted its first monthly decline since the post-pandemic recovery began. The index dropped 5.9% in a single month, to 229.2 points. Villas fell 5.8%, apartments 6.3%. Four months later, rental data caught up with capital values: average UAE rents declined 5.4% between January and April, and the residential segment specifically fell around 7%.Local and...