In Dubai, five-star hotels are somewhat run of the mill, but there’s one area of the city that’s been synonymous with luxury resorts for longer than most. Jumeirah on the city’s coastline has been …
Atlantis Dubai announces global expansion with 4 new hotels: Report
Atlantis Hotels currently operates two large properties in the emirate and one in Hainan, China. Atlantis Dubai announces global expansion with 4 new hotels: Report. atlantis, atlantis dubai, Atlantis …
Abu Dhabi economy grows 9.3% in 2022 on non-oil activities boost
Abu Dhabi’s non-oil sectors witnessed significant growth of Dhs43bn in 2022 and contributed 50 per cent to the overall GDP …
Atlantis Dubai Plots Global Expansion to Cash In on Travel Boom
Dubai’s Atlantis is looking to build as many as four additional hotels across the world, hoping to cash in on a leisure travel boom that’s so far proved resistant to concerns over inflation and a …
DAR Global Unveils DG1: A Branded Property with Iconic Design and Spectacular Views of Dubai Canal
THE DEBUT OF ITS OWN BRANDED PROPERTY, WITH THE MOST ICONIC DESIGN YET, FEATURING SPECTACULAR VIEWS FROM EVERY ANGLE ON THE DUBAI CANALDubai, UAE; 8 May 2023: Dar Global, the premier luxury real …
Dubai Residents turn to short-term rentals in hot rental market, according to GuestReady
Increases in long-term rental prices have led to increased demand in short-term rentals in Dubai, according to GuestReady …
Expert Advice: 6 tips for investing in Dubai properties
Dubai’s real estate sector is proving one of the strongest globally with 80% year-on-year growth and property transactions totalling $42.8 billion. Expert Advice: 6 tips for investing in Dubai …
Dubai’s World Islands developer aims for 2026 finish after delays
The developer of a $5 billion luxury project on Dubai’s World Islands has said the project will be completed by 2026. The Kleindienst Group, which is behind The Heart of Europe, said the first phase …
Majid Al Futtaim Properties sells luxury mansion in Dubai for $54.4m
Majid Al Futtaim Properties has sold a luxury mansion at Lanai Islands in the Tilal Al Ghaf project for Dh200 million ($54.4 million), as demand for premium property surges in Dubai.It was the highest …
Bona Mugabe and Simba Chikore’s divorce hearing reveals lavish lifestyle with 22 farms and mansion in Dubai
Chikore claimed that the properties he co-owns with Mugabe are a drop in the bucket, compared to what she possesses on her own.
Abu Dhabi real estate sees massive 147% growth, $7.6bn property deals in Q1
Abu Dhabi’s real estate sector booming, over 5,470 transactions in Q1 Abu Dhabi real estate sees massive 147% growth, $7.6bn property deals in Q1 Abu Dhabi, Abu Dhabi Department of Municipalities and …
Abu Dhabi property transactions more than double to $7.59bn in first quarter
Abu Dhabi recorded real estate transactions worth Dh27.9 billion ($7.59 billion), with 5,472 deals, in the first quarter of 2023, as the emirate’s property market rebounds amid government initiatives …
Dubai real estate: 32,000 new property units to be available by end of 2023
More than 32,000 residential properties in Dubai, including villas and apartments, will be handed over by the end of 2023, real estate consultancy Asteco said in its Q1 2023 report, indicating the …
Dubai luxury mansion sold for record Dh200 million
The Dh200 million transaction was closed by Orange City Properties and underscores the strong demand for premium properties in Dubai, where the real estate market is currently at a 12-year record high …
Tecom first-quarter profit surges 34% on strong Dubai property market
Tecom Group, the operator of business districts in Dubai, recorded a 34 per cent annual increase in its first-quarter net profit on the back of a “booming” property market in the emirate.
33.3% of Dubai tenants chose one bedroom-units as their preferred option
Approximately one third of tenants (33.3%) in Dubai were looking for one-bedroom units as their preferred option, followed by two-bedroom units at 30.4% and 29.4% for studios. As for villas and …
Aldar posts 22% YoY increase in Q1 net profit with record quarterly development sales of AED 4.5bln
Aldar Investment’s Q1 2023 revenue reached AED 1.2 billion, representing a 45% YoY growth while Q1 2023 Adj. EBITDA rose 43% YoY to AED 536 million. The standout performance was driven by higher …