An international partnership has been announced between Chelsea Football Club and DAMAC Properties, one of Dubai’s most well-known luxury real estate developers. Chelsea FC’s official brand will be used to launch Dubai’s first football-themed residential complex as part of this partnership. Maritime City’s Chelsea Residences Are Unveiled The DAMAC-named Chelsea Residences project, which will have […]
Global investors are focusing on the UAE real estate market, especially in Dubai, as Donald Trump’s trade policies become more aggressive and the value of the US dollar declines. According to reports, a substantial increase in foreign investment is anticipated in the market over the next few weeks and months, which could signal a sea […]
The Dubai-based real estate technology firm Huspy introduced the first artificial intelligence mortgage chatbot to Gulf Cooperation Council (GCC) customers throughout Dubai AI Week 2025. The chatbot operates through WhatsApp yet serves UAE and global property buyers by accelerating mortgage application procedures under the name Huspy.ai. A Smart Tool for a New Homebuying Experience A […]
At a startling rate, international capitalists are drawn to Dubai, a glitzy destination for those seeking wealth worldwide. A recent report by Henley & Partners claims that there are now 81,200 millionaires in Dubai. Twenty of them are billionaires, and 237 of them are centi-millionaires, with assets exceeding $100 million. These numbers demonstrate how Dubai […]
By 2025, Ras Al Khaimah’s real estate market has become one of the hottest markets for investing in the United Arab Emirates. Property experts say that the prices of off-plan units in the emirate have increased between 15% to 20% recently, clearly indicating the ever-widening gap between supply and demand. Explosive Investment Activity in Ras […]
Nakheel Properties, a distinguished member of Dubai Holding, has made a significant move in the real estate market by awarding a 810 million AED marine works contract to Jan De Nul Dredging for developments in Palm Jebel Ali. This project is rapidly advancing and is expected to substantially influence property prices in Dubai, particularly in […]
Based on the recent update by the Dubai Real Estate Regulatory Authority (Rera) in early March this year, rents in Dubai have seen an increase of up to 15%, as per the report by Cushman & Wakefield Core. Protusha Gorapu, the head of research and consultancy at the firm, stated, “The rental index update by […]
Dubai International Airport (DXB) has set a new record by welcoming 44.9 million visitors in the first half of this year. This significant increase in passenger numbers highlights DXB’s vital role in bolstering Dubai’s economy. With an 8% growth compared to last year, DXB has solidified its position as the world’s preferred gateway. This growth […]
Emaar, a leading global property developer, has announced a 33% increase in its net profit, driven by sustained domestic demand. The company’s revenue surged 17% to AED 14.4 billion in the first half of 2024, while its profit before tax climbed to AED 7.8 billion. With a focus on community-centric projects, Emaar has consistently tapped […]
The UAE’s real estate market continued to exhibit robust growth in the first half of 2024, driven by the country’s economic and financial stability. The introduction of new, world-class projects to meet the growing demand for various property types has attracted significant investment. Reports indicate that major real estate companies have initiated large-scale projects since […]
Despite leading the Dubai real estate market in off-plan sales, the demand for ready to move properties remains exceptionally strong. Budget-friendly units are being snapped up within a month of their launch. End-users and high-net-worth individuals have been driving the demand for ready to move properties, while a supply shortage, exacerbated by an influx of […]
Dubai is poised to achieve a new milestone in its real estate sector, with an estimated 38,174 new housing units set to be delivered in 2024. This record-breaking figure underscores the robust growth and sustained demand within the emirate’s property market. According to a recent report by ValuStrat, a leading property consultancy, the first half […]
Dubai International Chamber has reported a remarkable surge in attracting both Small and Medium-Sized Enterprises (SMEs) and Multinational Corporations (MNCs) to the emirate. In the first half of 2024, the chamber successfully onboarded 86 new companies, representing a substantial 54% year-on-year increase. A breakdown of these figures reveals that 24 MNCs established their presence in […]
Dubai’s economy has demonstrated remarkable resilience, posting a 3.2% growth in the first quarter of 2024 compared to the same period last year. The emirate’s gross domestic product reached a substantial AED 115 billion (equivalent to USD 31.3 billion), underscoring its status as a global economic powerhouse. Key sectors driving this growth include transportation and […]
Expo City Dubai has announced the release of residential plots for sale in its flagship development, Expo Valley. This move marks a significant milestone in the city’s ongoing expansion and offers investors a unique opportunity to own a piece of Dubai’s future. Potential buyers can acquire plots ranging from 7,500 to 12,500 square feet, with […]
Collaboration Between Dar Global and Trump Organization to Construct Trump Tower Dubai Trump Tower Dubai is set to open in 2025, thanks to a partnership between Dar Global, the international development arm of Saudi Arabia’s Dar Al Arkan, and the Trump Organization. According to a statement released by Dar Global, this property will be located […]
Damac Hills 2, formerly known as AKOYA, is a master-planned community in Dubai that offers a unique lifestyle experience inspired by water, sports, and fun for all ages. Developed by DAMAC Properties, a leading real estate developer in the UAE, Damac Hills 2 is spread over 55 million square feet and is home to over […]
As 2024 begins, all real estate investors from around the world are looking for upcoming changes in the Dubai real estate market. Will Dubai house prices rise in 2024? Is this the right time to buy a property in Dubai this year? Based on the latest reports, we expect a prediction of 46% growth in […]
