Dubai is facing an increasing growth of luxury branded residences, according to Unique Properties. With UAE being home to nearly 70,000 millionaires, the country is set to witness a 22 percent rise in …
Wealthy investors are buying Dubai homes with cash as interest rates rise
A growing number of wealthy buyers are entering the Dubai property market with cash purchases as financing is getting more expensive due to rising interest rates. About 81% of villas and apartments …
Time to buy? Dubai to face shortage of villas, townhouses as new property launched every three days
The emirate’s real estate market has broken all records as a result of strong demand, with the most expensive villa being sold for over Dh302 million last month …
Marriott to open 4 properties in UAE in deal with RDK tourism
Rashid Darwish Ahmed Saif Al Ketbi, Chairman of RDK Group, commented: “We look forward to further cementing our relationship with Marriott International as part of our aim to ex …
Dubai Rents: Now based on building star rating, not neighbourhood
The updates materialised after Dubai rental prices surged 27% this year, with the average price of renting a villa in the emirate reaching $73k as of September, CBRE reported. Currently, rents are …
Metropolitan Premium Properties closes AED 1.8mln rental deal in District One
Deal is among the top 3 in the area and further cements Dubai’s leading position as a magnet for international investors …
New waterfront property on Palm Jumeirah to be developed by 3 major firms
The property will be developed by Ellington Properties, SHUAA Capital, and Sol Properties. New waterfront property on Palm Jumeirah to be developed by 3 major firms. Bhatia Group, Bjarke Ingels Group …
Palm Jumeirah Still Dubai’s Ultra-Rich Hotspot: Villa Sold For Dh145 Million
Palm Jumeirah remains the go-to place in Dubai for the ultra-rich property investors, the latest data from the Dubai Land Department showed on Friday. The top transactions for both individual plot …
Dubai real estate: AED10 million apartments revealed in world’s tallest residential tower Burj Binghatti
Property developer Binghatti has teamed up with luxury jewellery … The upscale residential tower features amenities including an infinity pool overlooking Dubai’s skyline, a luxury spa, a gym, …
Dubai real estate booms amid Qatar World Cup: Soaring property market trends explained
Dubai has reached a 12-year high in the third quarter in terms of volume and value of the sale of off-plan and secondary properties, according to a report by ZāZEN Properties. As the Qatar World Cup …
Dubai real estate red hot but prices will continue to rise in the bull market
It is Dubai’s overall appeal to investors and tourists that is helping the city rapidly overcome global economic and political turmoil and underpinning the property market’s rebound Property prices in …
UAE property: ‘My tenant is refusing to pay higher rent with one cheque’
When it comes to rent increases, the Rera calculator states what increases are allowed. This is the only figure that can be used for the rent increase. As long as the above has be …
Dubai is world’s top location for branded houses
Across the Middle East, the current supply is projected to increase by 86 per cent by the end of the forecast period.
UAE GDP growth to meander around 8%
The UAE is back on the global growth outlook driven by higher oil prices and strong domestic consumption. The country’s economic growth is going to meander around …
Dubai real estate: World’s tallest residential tower Burj Binghatti begins construction
In a groundbreaking ceremony, Jacob Arabo and Muhammed Binghatti visited the construction site Dubai real estate: World’s tallest residential tower Burj Binghatti begins construction Binghatti, Dubai, …
UAE’s new luxury residences unveiled at Dubai Water Canal by Meydan
The Dubai Canal residences will offer 165 luxury one, two and three bedroom apartments for sale UAE’s new luxury residences unveiled at Dubai Water Canal by Meydan Dubai, Dubai real estate market, …
New-look Cityscape Dubai aims to accelerate property investment
Cityscape Dubai, the UAE’s leading property event which kicks off next week in Dubai, will sport a new look with organisers shifting strategy to accelerate major local, regional and global investment …