Dubai's real estate market set a record for ultra-luxury property deals, registering 219 sales of homes valued at $10 million and above in 2022 to solidify its status as a global luxury centre.
Aldar Properties, Abu Dhabi’s biggest listed developer, plans to launch a dozen new projects this year amid the UAE’s property market recovery and will continue to look for acquisit
Dubai developer MAG has announced the release of four more ultra-luxurious mansions at its Ritz-Carlton Residences project as it seeks to cash in on the strong demand for prime property in the
Dubai's property market closed a record-breaking year with further price rises, according to a new report.The 8,662 real esta
May 2023 be full of happiness, love, and success for you. Happy New Year 2023!
With the emergence of new happenings every year, Dubai’s technological advancements
By creating a government-led authority and infrastructure to measure and facilitate
Dubai's prime residential market is set for the world's strongest growth next year, according to a new report.
Let us celebrate the occasion of UAE National Day with full enthusiasm and at the same time, we must also feel proud to be a part of this wonderful nation!
Aldar Properties has entered into an exclusive partnership with Nobu Hospitality to launch a new luxury hotel, branded residences and a fine dining experience at A
Dubai's “Billionaires' Row”, which sits on Frond G of The Palm Jumeirah, is now said to be “the most exclusive street for Dubai’s rich and famous”.
Azizi Developments has acquired a large parcel of land in Dubai South to build a mixed-use development worth about Dh12 billion ($3.27 billion) as it continues to
Fujairah's first sustainable villa project is set to benefit from its proximity to Etihad Rail.
UAE property developer Arada is launching a Dh2 billion ($544 million) project in Dubai as it capitalises on high demand and looks to expand to new markets such as
Dubai developer Sobha Realty is launching two new megaprojects worth Dh24 billion ($6.53 billion) as it taps into a recovery in the UAE’s property market
Cityscape Dubai opened its doors on Monday against a backdrop of soaring property prices in the emirate, and strong performances in the sector across the UAE.
Masdar City's Green Real Estate Investment Trust (Green Reit) has completed the acquisition of property worth Dh934 million ($254 million) as the fund seeks sustai
Azizi Developments plans to spend $15 billion in the next three years on building projects, as well as launching the second-tallest tower in Dubai next year, as it
A villa on Dubai's sought-after Palm Jumeirah has been rented on a six-month basis for Dh4 million ($1.09m), as rents for luxury properties across the city soar.
The UAE ranked highest globally in 2022 in terms of brand performance, thanks to the government's successful response to the Covid-19 pandemic that allowed the country to open for business soon
The law, issued by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, grants certain privileges to real estate investment funds, as part of efforts to strengthen the emirate's posit
Dubai has ranked first in the world for improving real estate transparency in the 2020-2022 period, followed by Abu Dhabi, France, the Netherlands, the US, Germany and India, a report has shown
Damac Properties is launching two more clusters at its water-inspired Lagoons development in Dubai.The new communities — Veni
A Dubai property brokerage plans to sell the region's first “metaverse mansions”, where buyers can own a non-fungible token (NFT) with and without the bricks and mortar asset.
A villa in Dubai's Emirates Hills was sold for Dh75 million ($20.4m), highlighting the growing demand for luxury property in the emirate's booming real estate market.
Dubai Land Department and real estate listings portal Property Finder have unveiled the first official Residential Rental Performance Index.
Property prices across Dubai grew 33.4 per cent in January to an average of Dh1,575 per square foot, as the residential market remained resilient amid a strong economic recovery in the emi
Dubai’s luxury property market recorded the third highest price growth among global cities last year, consultancy Savills said on Thursday, with prime residential centres set to be a safe haven
The value of property transactions in Dubai on the first Friday of the new working week in the UAE stood at more than Dh2.53 billion ($690 million), with 227 transactions.
Life is an adventure that's full of beautiful destinations. Wishing you many wonderful memories made in 2022!
UAE property prices are set to continue rising in 2022, driven by supportive economic reforms and an accelerated vaccination programme that has helped to hasten a rebound from the coronavirus-induced slowdown last year
Let us celebrate the occasion of UAE National Day with full enthusiasm and at the same time, we must also feel proud to be a part of this wonderful nation!
Property developer Arada is launching five residential projects and is targeting sales of up to Dh2.4 billion ($653 million) this year and Dh3bn in 2022 as it
Dubai Investments signed an agreement with Ras Al Khaimah-based master developer Marjan to acquire land to develop a Dh1 billion ($272.2 million) mixed-use waterfro
Property sales at Emaar Development, the company behind the world's tallest tower Burj Khalifa and Downtown Dubai district, could hit Dh21.5 billion ($5.85bn), as activity picks up in the UAE’s
The Rental Disputes Centre, the judicial arm of the Dubai Land Department, resolved 8,713 disputes with a combined value of Dh2.53 billion ($688.8 million) in the first half of the year.
Record luxury home sales in Dubai are heralding a wider post-coronavirus pandemic recovery for the high-end segment of the global property market.
Dubai developer Nakheel said it sold one of the few remaining beachfront plots on Palm Jumeirah’s West Crescent to the UAE-based real estate company Select Group and its joint venture part
The first quarter of 2021 registered the highest recorded number of home sales transactions in Dubai since 2010, according to a market report by real estate consultancy ValuStrat.
Deyaar Development, a Dubai-listed real estate developer, said its first quarter net profit jumped more than five times as revenue increased on project delivery.
Gulf Islamic Investments (GII) acquired an office tower in Paris for $300 million, the firm's biggest property deal to date, as it seeks to expand its real estate investments across Europe
The UAE property market is expected to recover in the second half of this year, driven by government initiatives and a widespread vaccination programme, according to a Dubai developer.
Selective improvements in some communities, a global economic recovery and rising oil prices all provide signs for optimism for the UAE's property market for the year ahead, a new Cavendis
The value of property transactions in Dubai in the fourth quarter of the year jumped 21 per cent compared to the third quarter to Dh22.07 billion ($6bn) as the emirate’s economy recovered from
Happy New Year! May the coming 2021 year be full of grand adventures and opportunities.
Emaar Properties has placed new projects on hold to try to improve the market in Dubai, the company's chairman said.“The gove
The property market in the UAE has become more attractive to tenants as average rental rates softened in the third quarter, according to real estate consultancy JLL.
Abu Dhabi's holding company ADQ and Aldar Properties signed an agreement under which the emirate's biggest listed developer will take over the development and management of government capi
Property prices in Dubai helped underpin transaction levels during the typically quiet month of August, with demand strongest in the affordable section of the market, according to a new report.
Aldar Properties is offering customers the option to pay their rent by credit card starting from today.Abu Dhabi's
Dubai Land Department (DLD) has updated its procedures for complaints about the management of jointly owned properties, as part of its efforts to encourage investments in the emirate's real est
The Dubai Land Department introduced a fractional title deed programm this week to boost the emirate’s hospitality industry and offer cheaper options to small property investors.
The board of Emriates Reit and its fund manager, Equitativa (Dubai), are weighing up a delisting from Nasdaq Dubai as part of a strategic review.
Demand for office space in the Arab world’s two biggest economies – Saudi Arabia and the UAE – will remain intact despite expectations of major changes to the workplace caused by the Covid-19 p
Residents across the UAE have faced difficult financial decisions in recent months amid the upheaval caused by the coronavirus pandemic.
The UAE was one of the top 10 destinations of interest for Chinese property buyers last year, according to a new report.
Dubai recorded 1,824 property sales transactions worth more than Dh3.62 billion in April amid lockdown measures to contain the spread of Covid-19, according to Property Finder.
More than one-third of UAE residents expect property prices to either remain the same or increase in the next six months despite the impact of Covid-19 on the country’s real estate market,
What was the general market movement in Dubai in Q1?Rents continued to fall in
Aldar Properties, Abu Dhabi's biggest listed developer, will invest Dh2 million in the emirate's first "social impact bond", a new programme that will see private investment help fund social pu
Drake & Scull International has made significant progress with its long-running restructuring plan though the process is complicated by factors including gaining approvals of a large number
The rate of decline in Dubai’s property prices is expected to stabilise this year before recovering in 2021, when the delivery of new units begins to slow down, according to a new report.
The Dubai International Financial Centre introduced a new leasing law that stipulates requirements and provides a protection framework for owners and tenants in the financial hub of the em
Property sales transactions in Dubai hit an 11-year high in 2019, recording a growth of 20 per cent compared to the previous year, as new government policies boosted the sector, according
Al Hameed Real Estate holds the final session of special virtual conferences with key stakeholders. The Chairman of Al Hameed Real Estate has told the UAE’s leading contractors that they must prepare for a new way of working as the e
We appreciate your support so far and looking forward to a blissful year ahead.
In a successful leap towards growing stronger in delivering world-class projects while fortifying its leading quality construction position in the market, Al Hameed is proud to announce acquiring the Mediterranean Contracting Co. (MCC); classif
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