Dubai’s real estate market is witnessing a surge in off plan offerings, with island projects taking the lead. “Damac Islands,” currently under construction in Dubailand, is located only 15–20 minutes away from areas such as Sports City and Dubai Investments Park. Damac has priced the starting rates for four bedroom townhouses of 2,208 sq. ft. […]
According to the latest survey conducted by a real estate information company, Dubai property transactions will grow 30% annually by the end of 2024. This is after the real estate industry continued to break records in project launches, sales priced mortgage deals. Investor Confidence in Dubai’s Real Estate Market Henry Bacha, chief executive of Property […]
The Dubai Land Department (DLD) has launched three new services within the framework of the integrated platform of Dubai’s government “Dubai Now,” in an attempt to make processes related to real estate easier and faster. This is a remarkable step for urban service digitization in line with Dubai’s vision to deliver high-quality services and as […]
The region of Palm Jebel Ali has witnessed phenomenal growth this year. All due to the strenuous efforts of Nakheel, an innovative arm of Dubai Holding’s real estate sector, this gigantic project is moving ahead at a fascinating pace. According to the scheduled timeline, Palm Jebel Ali will be developed considerably around 2025. Successful Sale […]
Dubai has approved a historic government budget for the 2025-2027 period, marking the biggest financial allocation in its history. This budget reflects Dubai’s long-term commitment to sustainable growth and improved public service, with revenue projections of AED 302 billion and expenditure projections of AED 272 billion. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and […]
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 […]
