Dubai real estate updates
Follow Dubai property policy, infrastructure, project launches and market developments.
1,179 published articles · Page 24 of 25
Aldar has introduced Mamsha Gardens, a resort-style residential development on Saadiyat Island in Abu Dhabi, offering 493 high-end homes for sale. The project integrates luxury living with premium retail options and is designed with sustainability in mind. Key Points: Contractor and Developer: Dutco Construction will...
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Driven Properties has achieved a record for 2024 with the acquisition of Emaar Square Building 3 in Downtown Dubai for AED 505 million ($137.5 million). This landmark deal underscores the company’s commitment to meeting the demand for premium office spaces in the heart of the city. Key Points: Record Transaction: Driv...
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Dubai’s real estate market experienced remarkable activity in 2024, with total transactions surpassing $100 billion. Home sales played a significant role in this surge, accounting for more than half of the total turnover. Key Highlights: Record Year: Dubai’s real estate transactions reached approximately AED 432 billi...
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As demand for homeownership escalates, Dubai’s real estate developers are actively launching new projects. With the population increasing and significant infrastructure developments underway, the market continues to show strong growth. Key Points: Strong Demand: The real estate market in Dubai is witnessing aggressive...
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Nabni Developments has officially unveiled Avenue Residence 7, a new luxury residential complex in Al Furjan, featuring 166 upscale apartments. This development, which draws inspiration from Emirati culture, offers a range of one to three-bedroom units and is designed to meet the growing demand for family-oriented liv...
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Ayana Holding’s latest project, Amaal, is to transform urban living in the United Arab Emirates. Ayana Holding, which is well-known for its proficiency in building, real estate sales, architecture, and infrastructure, has introduced Amaal to infuse new life into the local real estate industry. Amaal intends to break n...
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Seven leading developers, including Emaar, Damac, and Sobha Realty, have agreements in place with Dubai’s Land Department (DLD) to manage real estate transactions through the use of DLD’s sophisticated registration systems. Danube, Azizi Developments, Binghatti Properties, and Aldar Properties have joined these promin...
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Dubai real estate investors can now access services remotely via video calls or WhatsApp messages, eliminating the need for time-consuming office visits, thanks to a new innovative initiative. Director General of the Dubai Land Department (DLD), Eng. Marwan Ahmed bin Ghalita, announced the launch of the “6005AQARI” pl...
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The Dubai Multi Commodities Centre (DMCC) has marked a significant milestone with nearly 25,000 businesses now operating within its business district. This impressive growth follows the registration of 1,023 new member companies in the first half of 2024. Key Achievements: Economic Impact: DMCC now contributes 7% to D...
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Dubai’s prestigious residential community, Studio City, is witnessing impressive progress with the construction of Azizi Vista, a private development spearheaded by Azizi Developments. Here’s a closer look at the latest updates and what to expect from this exciting project. Construction Progress Overall Completion: 41...
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The Al Habtoor Group, a leader in the real estate and construction sectors, has made significant strides in its prestigious Al Habtoor Tower project in Dubai. Over 30% of this luxurious development has already been completed, marking a major milestone in the city’s ever-evolving skyline. A Record-Breaking Foundation 1...
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Since the Real Estate Regulatory Authority (RERA) Rental Index was updated in March 2024, Dubai’s rental market has seen notable changes: Overall Rent Increase: Rents have surged by up to 15%, with most districts experiencing hikes between 8% and 15%. According to Prathyusha Gurrapu, Head of Research and Consulting at...
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Dubai is emerging as a global hotspot for real estate growth, rapidly accelerating beyond other major cities. Here’s an engaging look into what makes Dubai’s real estate market so dynamic: Global Real Estate Growth: Dubai’s Standing Rapid Growth: According to JLL’s Global Real Estate Perspective, Dubai is one of the c...
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Dubai’s Al Wasl District is transforming into one of the city’s most sought-after residential areas. With an astounding AED 7 billion ($1.9 billion) worth of ultra-luxury villas and mansions under development, this area is capturing the attention of investors and homebuyers alike. A New Jewel in Dubai’s Crown Location...
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Union Properties is considering an exciting new venture with one of its subsidiaries exploring the acquisition of an outsourcing business. This strategic move could significantly boost the asset value and profitability of the subsidiary. Samana Avenue: A Gateway to Luxurious Living Key Features and Advantages Golden V...
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The Dubai real estate market is currently experiencing robust demand for ready-to-move-in properties. Despite the off-plan segment leading the market rally, well-priced ready properties are selling rapidly, often within a month of listing. Key Drivers of Demand High Net-Worth Individuals (HNWIs): The market is buoyed...
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The Farnek Group’s Hitches & Glitches (H&G), a leading name in home maintenance across the UAE, has witnessed an unprecedented rise in demand for its services, particularly within Dubai’s upscale residential real estate sector. High-Profile Contract on Billionaires Row Lavish Residence: H&G recently secured a major co...
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The Abu Dhabi Housing Authority (ADHA) is revolutionizing the way customers explore and select their future homes with the introduction of cutting-edge digital twin technology. This innovative approach leverages real-time 3D visualization to provide an immersive and interactive experience for potential homeowners. Tra...
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Dubai, UAE – The luxurious Amber condominium project, developed by Azizi Developments, is approaching the final stages of completion, with the development now 97% finished. Amber, nestled in the vibrant Al Furjan neighbourhood of Dubai, is set to become a premier residential destination. Project Highlights Amber will...
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Dubai-based ZaZEN Properties proudly announces the launch of ZaZEN Ivy, a new residential development set to redefine contemporary living in Al Furjan. Here’s what you need to know about this exciting new project: Project Overview Development Name: ZaZEN Ivy Location: Al Furjan, Dubai Completion Date: Q1 2026 Resident...
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Ras Al Khaimah, UAE — Wynn Resorts is making waves with its ambitious Wynn Al Marjan Island project, set to redefine luxury in the UAE. The company has just announced a remarkable $356.5 million (Dh1.31 billion) investment, propelling the project forward with impressive speed. Major Milestones and Investments Investme...
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Dubai’s real estate market experienced an unprecedented surge in July, setting new records for villa and apartment sales. The month witnessed a dramatic increase in transaction values compared to the previous year, soaring by nearly 57%. Record-Breaking Figures Total Transactions: The market recorded over 17,000 trans...
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Dubai, UAE – Alta Real Estate proudly introduces Mr. C Residences Jumeirah, a flagship development set along the scenic Dubai Canal in the prestigious Jumeirah 2 neighbourhood. This exceptional project is set to redefine modern urban living in the UAE. Luxurious Residences Exclusive Offerings: The development features...
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Dubai, United Arab Emirates — Premier private developer Azizi Developments has achieved a historic milestone with the Azizi Venice project in Dubai South. The developer has set a new record for the largest continuous concrete pour ever undertaken in the UAE. Over 22,000 cubic meters of concrete were poured in an impre...
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Dubai, UAE – 25 Degrees, Dubai’s leading luxury real estate developer, has set a new record with the sale of a meticulously renovated Garden Home on Palm Jumeirah. Completed in January 2024, this stunning 5,800-square-foot private beach villa was sold for a remarkable $16.9 million (AED 62 million) , setting a new ben...
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Abu Dhabi, United Arab Emirates — Aldar Properties has reached a significant milestone with its Athlon residential project in Dubai, securing the UAE’s first LEED Platinum certification for community planning and design. This achievement underscores Aldar’s leadership in sustainable real estate and highlights Athlon’s...
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Emaar Properties, a company well-known for creating opulent real estate, presents ALTUS, a revolutionary residential complex located in Dubai Creek Harbour. With its array of one to three-bedroom units, this new development redefines waterfront living for both astute homeowners and real estate investors. ALTUS has two...
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Dubai’s off-plan property market has seen remarkable growth in the first half of 2024, according to a recent analysis by Bayut. The market witnessed AED 103.8 billion in sales transactions, highlighting the strong interest from investors and solid market performance. High Demand, Limited Supply:The survey reveals that...
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Park Group is thrilled to unveil the Park Beach Residence, an innovative beachfront community located on Ras Al Khaimah’s stunning Al Marjan Island. This exquisite development blends opulent living with exceptional investment opportunities, offering a new level of luxury and comfort. Exclusive Living Options Variety o...
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Leading real estate developer LMD proudly unveils The Pier Residence, a state-of-the-art residential building set in the heart of Dubai Maritime City. This stunning waterfront development combines elegance, convenience, and investment potential, redefining urban living. Luxurious Living Spaces Variety of Apartments: C...
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Dubai’s real estate market is witnessing an unprecedented boom, driven by the influx of ultra-high-net-worth individuals (UHNWIs) and high-net-worth individuals (HNWIs). The city continues to lead globally in high-value real estate transactions, with remarkable figures from the first half of 2024: 196 Property Sales O...
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Dubai is poise to outshine real estate giants like New York and Miami, emerging as the foremost hub for branded residences. According to ARADA, the city’s brand residence projects are set to double in the next decade. Rapid Growth in Branded Residences Projected Increase: Dubai’s number of brand residence projects is...
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Would you like to buy real estate in Dubai as an international buyer? Dubai provides a friendly environment for property purchasers, regardless of their nationality—they may be from India, the UK, or any other nation. Laws in the UAE allow foreigners to own real estate, and you can make your dream house a reality by [...
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Condor Developers, a leading name in Dubai’s premium real estate market, has launched its latest residential project, Condor Sonate Residences, in the sought-after Jumeirah Village Triangle (JVT). This project marks Condor’s fourth residential development, a strategic move that will expand the company’s real estate in...
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Rent is often the largest expense for many households, making it crucial for tenants to ensure they are getting the best value for their money. How can you determine if you’re overpaying or underpaying your rent? This is where the RERA Rental Increase Calculator becomes invaluable. Our comprehensive guide provides all...
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Emaar Properties, a leading name in UAE real estate, is set to elevate Dubai’s suburban living experience with the launch of Phase Two of The Valley. This new phase is designed to enhance what is already known as Dubai’s “first true suburb,” combining modern conveniences with natural beauty. Since its debut in 2019, T...
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Expo City Dubai has awarded four major contracts for its new residential development, Expo Valley, with three of these contracts going to UAE-based companies. Additionally, land plots within the development are now available for sale, marking a significant milestone in the project’s progress. Key Highlights of Expo Va...
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While Dubai often steals the spotlight in discussions about the UAE’s real estate boom, Ras Al Khaimah is swiftly emerging as a significant player in the industry. Known for its rich history and stunning natural landscapes, this emirate is rapidly expanding, attracting large-scale real estate projects that are transfo...
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In the first half of 2024, sales prices and rental rates in the inexpensive and premium categories of the Abu Dhabi real estate market increased significantly. Luxury Villa Segment Luxury villa residential island communities experienced significant price growth. Yas Island demonstrated exceptional performance, with pr...
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Expo City Dubai has officially begun selling freehold property plots in its prestigious Expo Valley residential project. This exciting opportunity is open to Emiratis, expats, and non-resident foreign investors alike. Plot Details Flexible Plot Sizes: Expo Valley Plots offer land sizes ranging from 7,500 to 12,500 squ...
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Living in the UAE, you’re likely aware of the explosive growth in the real estate sector that’s reshaping the nation. The UAE’s property market is thriving, driven by: Rising Demand: A surge in both local and international interest. Strong Economic Growth: The nation’s robust economy fuels property investments. Global...
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The highly anticipated One Central Park project, a landmark mixed-use development nestled in the heart of Jumeirah Village Circle (JVC), has officially begun construction. Thanks to the visionary efforts of Dubai’s IMAN Developers, this ambitious project, valued at AED 700 million (USD 191 million), is poised to revol...
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The off-plan housing market in Dubai has reached unprecedented levels in the second quarter of 2024, according to a recent Betterhomes research. The market saw an incredible 25,466 transactions, totaling over AED 52 billion—a remarkable 81% increase compared to the same period last year. Villa Sales and Off-Plan Apart...
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In the second quarter of 2024, Dubai’s real estate market experienced a significant boost in off-plan property sales, as highlighted by recent research from Haus & Haus. The growing demand for new constructions is evident, with 63% of all property sales now occurring off-plan. Despite only a 5% increase in the number...
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Dubai-based property developer 25 Degrees has announced the sale of a stunning Palm Jumeirah mansion for a staggering $17 million (AED 62 million). This sale sets a new record for a remodeled Garden Home on the iconic man-made island. Completed in January 2024, the luxurious 5,800-square-foot private beach villa showc...
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As we head into the latter half of 2024, the UAE’s real estate market is gearing up for some significant changes. Here’s what industry experts are forecasting for Dubai, Abu Dhabi, and Ras Al Khaimah (RAK): Dubai: Surge in Off-Plan Property Prices Price Increase: Analysts predict a 10-15% rise in Dubai’s off-plan resi...
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Aldar Properties has recently celebrated a significant achievement with the sale of over 660 units at Verdes by Haven, a pivotal component of the Haven by Aldar masterplan in Dubai. Remarkably, this milestone was reached within just 72 hours of the project’s launch. A Record-Breaking Sales Event Total Revenue: Over AE...
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Prominent Dubai-based developer Binghatti has recently celebrated the early completion of Binghatti Corner, just after the successful delivery of Binghatti Emerald. The milestone was marked by a ribbon-cutting ceremony attended by Binghatti Chairman, Muhammad Bin Hatti. Early Completion and Modern Facilities Early Com...
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