The real estate market in Dubai has witnessed one of the fastest trends in market growth within the region in recent times. Within this market, under-construction properties, commonly called off-plan properties, have been at the heart of property transactions and have been instrumental in drawing both domestic and foreign investors into the market. As per […]
The Dubai real estate market has witnessed unprecedented growth in the past few years. Increasing property prices, record-breaking sales, and the constant launch of new projects have raised an important question in the minds of many potential buyers: Have the best investment opportunities in Dubai already passed? According to Mario Volpi, Senior Investment Advisory at […]
The real estate sector in Dubai is still attractive for first-time buyers, but entering the sector is no longer based solely on property prices. Recent research reveals that first-time buyers in Dubai require at least AED 300,000 in initial cash capital and a monthly income of around AED 30,000 to 40,000 to confidently start the […]
The growth in terms of prices of the luxury beachfront properties in Dubai has been remarkable compared to the rest of the residential properties in Dubai. According to the latest reports available in the industry, it has been noted that the prices of luxury villas in the coastal areas have risen by more than 140%. […]
In the year 2025, Dubai’s high-end real estate takes a different turn. In the future, the size of the property will not measure the value of the property. Currently, for instance, if one compares two houses with the same style, the same size, as well as the same location, there is a possibility for the […]
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 […]
In September 2024, the Dubai property market registered its greatest month so far, 18,038 property transactions-surpassing 17,139 transactions from May this year. This surge shows strong growth, with greater confidence from the investors in Dubai’s property sector. Record-Breaking Transactions and Consistent Market Growth Residential properties made up over 95% of transactions in September, totaling 17,151 […]
The newest news in Dubai from DAMAC Properties is that the fifth much-awaited major community, Sun City, is launched in Dubailand. The announcement is in sync with UAE’s aspirations to promote national progress and improve its citizens’ well-being. Dubailand will offer a blend of modern luxurious lifestyle, nature, and wellness-centered living, conducive to the physical, […]
The UAE capital Abu Dhabi prepares to welcome “The Sphere” to the entertainment framework of this region. It was recently announced by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) that a version of the world-renowned Sphere from Las Vegas will be brought to the Middle East. A Unique Place for […]
In a big move for the UAE’s growing real estate market, Aldar properties—a leading real estate company from Abu Dhabi—and Expo City Dubai have announced a joint project. They’re planning a mixed-use development worth 1.75 billion dirhams, located near Al Maktoum International Airport and the Dubai Exhibition Centre. This development is part of Dubai’s larger […]
The Palazzo Versace Hotel, one of Dubai’s most iconic luxury spots, is back on the market, and this time, the price tag has been slashed significantly. Originally listed for over AED 1 billion, the seller has now dropped it to AED 700 million, but it’s still struggling to find a buyer. Hoping for a Business […]
In the third quarter of 2024, luxury real estate listings in Dubai saw a decline as supply continued to lag behind demand. A significant decrease in the supply of luxury properties along with an increase in buyer demand, especially in popular areas such as Palm Jumeirah, has caused prices to rise sharply. This report examines […]
As more businesses in the UAE return to in-person meetings and foreign companies increasingly seek to establish operations in the region, the demand for luxury office spaces across the UAE has surged. Record-Breaking Deal in Dubai In response to the evolving needs of businesses, Bayti Real Estate, a luxury real estate specialist known for providing […]
Dubai’s Roads and Transport Authority (RTA) recently announced the upcoming introduction of the city’s first aerial taxi station. This marks a pivotal moment in modernizing the transportation sector and is part of a larger project aimed at creating a more efficient and innovative travel system. Phase One: Four Key Stations In the initial phase of […]
Omniyat, a prominent real estate development group, has announced the launch of a new luxury brand called Beyond. This exclusive brand will focus on the larger luxury real estate market, catering to modern, high-end lifestyles with a blend of innovation and sophistication. As part of this strategic move, Omniyat is introducing an 11-million-square-foot project on […]
FAM Holding, UAE real estate developer announces completion of its flagship project – Art Tower. Situated opposite Sahara Mall on Al Nahda Street, this newly constructed residential tower provides breathtaking Sharjah and Dubai panoramic views to a spectrum of residents seeking the perfect combination of convenience, luxury, and location. Specifications of Art Tower Art Tower […]
Dubai’s Roads and Transport Authority has officially opened two major bridges crossing Za’abeel and Al Quoz 1 on Al Khail Road in the direction of Jebel Ali. The two new bridges extend 1,350 meters and can handle up to 8,000 vehicles per hour in each direction. RTA also announced that the expansion of Al Khail […]
Ayana Holding is a diversified multinational organization with a long history of achievements anchored in infrastructure, architecture, construction, and real estate. Very recently, it introduced a new subsidiary, Amaal, which will seek to revolutionize urban living in the UAE. Amaal comes with a very ambitious vision: redefining the benchmarks of real estate development by making […]
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 […]
