The completion of the third phase of the East Village project

Arada, a leading real estate developer in Sharjah, has announced the completion of the third phase of the East Village project.

Aljada The 14 completed houses have 1,621 apartments. The third phase costs – $6.5 billion The project's 16 apartment buildings are focused on young people and are distinguished by modern architecture. Benefits:

• Art installations
• Areas for cultural events
• Plenty of greenery
• Pop-up shops, etc

Dubai retail property rent fell by 1% in 2022 compared to 2021.

According to the research by the consulting company, JLL. Compared to 2021, rents:

• For offices rose by 21%
• For residential property rose by 27%

Dubai Electricity and Water Authority (DEWA) announced the launch of the "DIFC Metaverse Platform"

Platform aims to attract and develop talent in the emerging technology and secure Dubai's status as a global metaverse leader. This is part of the Dubai Metaverse Strategy.