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Category: PROPERTY

Posted on 16/01/2024

Sale of $25mn-plus homes doubles in Dubai, cements its ‘ultra-luxury’ status

The sale of top-tier luxury homes – $25 million (DHS92 million) and above – doubled to 56 the past year in Dubai, due to scarce availability as compared to 2022, reported Khaleej Times on Tuesday.

Posted on 16/01/2024

UAE Expats Move Houses, Take Up Second Job To Save And Buy Property

From engaging in part-time employment alongside their primary jobs to relocating to more remote regions, residents in the UAE are going to great len …

Posted on 16/01/2024

Dubai real estate: Emirate doubles as global hub for luxury property over $10mn

According to the analysis, Dubai outpaced other global cities in the first nine months of last year for luxury home sales …

Posted on 16/01/2024

Dubai: Dh92 million-plus uber-luxury home sales double in 2023

Developers are still scrambling to respond to emirate’s meteoric rise as one of, if not the most, sought-after luxury-second home markets in the world’ …

Posted on 16/01/2024

RAK Properties targets $816 million in sales for 2024 amid higher demand

RAK Properties aims to achieve more than Dh3 billion ($816 million) in property sales this year, up 50 per cent compared to 2023, amid the launch of new projects and higher demand from buyers, …

Posted on 12/01/2024

Abu Dhabi real estate: $517m of transactions in year so far as sector thrives

distributed among 115 ready properties and 18 off-plan. The platform highlighted the largest transactions for Abu Dhabi city by value in the past week. Al Saadiyat Island topped the list with a value …

Posted on 12/01/2024

Abu Dhabi real estate maintains momentum in early 2024

The value of real estate mortgages in the emirate reached about AED 1.5 billion through the registration of 215 mortgage deals …

Posted on 12/01/2024

Abu Dhabi real estate maintains momentum as transactions hit AED1.9 billion in early 2024

Real estate transactions in the Emirate of Abu Dhabi amounted to approximately AED 1.9 billion in the first two weeks of 2024, comprising 348 transactions of sales and mortgages on various types of …

Posted on 12/01/2024

Dubai real estate: Best property type, areas to invest and avoid in 2024, experts reveal

Experts predict steady luxury home sales, rising off-plan interest, and a focus on sustainability in Dubai property in 2024, while rental hotspots change and longer leases offer stability against pric …

Posted on 11/01/2024

Dubai: Sales of over $1.3mln and $2.7mln properties reach record level

Prime and super-prime areas are defined as Downtown Dubai, Emirates Hills, Jumeirah Bay Island, Palm Jumeirah and District One. Prime properties refer to properties sold in these areas for more than …

Posted on 11/01/2024

Prime Dubai real estate hit record levels in 2023; prices increase up to 35.6% and tipped to grow this year

Dubai’s prime and super prime real estate sectors saw record sales volumes last year and prices are tipped to go up in 2024 …

Posted on 11/01/2024

UAE Property: ‘Do I have a right to dispute my eviction?’

Question: I have been living in a villa in Dubai for the past seven years. During my last renewal, my landlord made me sign a letter that I would vacate the villa in one year. He told me this was the …

Posted on 10/01/2024

Dubai’s Largest Penthouse Lists for $164 Million

According to Mansion Global, Dubai’s largest penthouse has just come to market, listing for a colossal $164 million (AED 600 million), which also make it among the most expensive properties for sale …

Posted on 09/01/2024

Dubai’s biggest-ever home goes on sale for £128m – and it has a jaw-dropping surprise room

A 77,700 sq ft apartment in Dubai is the “largest” home ever to go on sale in the city, a developer has claimed.

Posted on 08/01/2024

Did Cristiano Ronaldo buy a mansion on Dubai’s ‘Billionaires Island?’

An international soccer star has reportedly bought himself a manse in one of Dubai’s most exclusive enclaves — but his rep has denied the claims to one outlet. Cristiano Ronaldo, one of the world’s …

Posted on 07/01/2024

My Dubai millionaire hubby has rules to keep me happy – like sending me on monthly holidays and sharing his salary

MANY of us have rules when dating, especially if we are looking for a long-term relationship. For one millionaire though, his wife has some pretty serious demands from the marriage including a …

Posted on 05/01/2024

Abu Dhabi’s ADQ Weighs Bid for Stake in Dubai’s Largest Office Tower

An Abu Dhabi-based wealth fund is considering joining a list of bidders vying for a minority stake in Dubai’s largest office tower, people familiar with the matter said, seeking to grab a slice of one …

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