A four-bedroom luxury penthouse in Bulgari Resort and Residences in Dubai has sold for Dh122 million ($33.2 million) as the emirate’s prime market continues to boom.At more than Dh10,000 per square …
Dubai: Most expensive ready penthouse sold for Dh122 million
A four-bedroom penthouse in Bulgari Resort and Residences has been sold for a whopping Dh122 million, becoming the most expensive ready penthouse sold in the emirate.
Dubai real estate: Bulgari penthouse sells for record $33.2mn
The stunning property, which boasts 12,113 square feet of living space, has become the most expensive ready penthouse ever sold in Dubai Dubai real estate: Bulgari penthouse sells for record $33.2mn …
Q Properties’ phase 2 of its new Reem Hills luxury apartments sells out in just six hours
Two major selling points of the apartments were a 2 years’ service charge waiver and the fact that this new residential offering is currently the largest on the Abu Dhabi market in a highly desirable …
ValuStrat issue Q1 2023 Dubai and Abu Dhabi real estate market reports
Dubai witnessed record sales across all asset classes, with residential market strength broadening to the affordable segment and high rental growth for villas & apartments …
UAE, GCC: Opening up of Saudi property market for expats to give a fillip to hospitality, tourism projects as well
Competition in the Gulf property sector is set to heat up, with the region’s largest economy, Saudi Arabia, gearing up to open its property market for foreign investors, including its religious cities …
Dubai’s Emaar Development sees slight profit fall to $288mln
Dubai-based developer Emaar Development has announced a marginally reduced profit in the first quarter of 2023 as revenue fell.
Dubai property prices and rents: Where they rose and fell in April 2023
Property prices in Dubai increased by an average of 14.5 per cent annually in April as sales of residential units continued to rise, driven by the off-plan market. Average apartment prices rose by 14.
UAE property: ‘Can an eviction notice be served before a lease expires?’
Question: My landlord recently served me with an eviction notice. The reason for the eviction is that the landlord wants to sell the property pursuant to Article 25.2 (d) of Law 26 (2007) Amendment 33 …
Dubai conglomerate Al Habtoor launches one of the world’s ‘largest’ residential towers
Dubai conglomerate Al Habtoor Group has launched what it claims to be one of the world’s largest residential towers in Dubai.The 81-floor Habtoor Tower will have a built-up area of about 327,000 …
Abu Dhabi prequalifies bidders for KU students’ hostel project
Abu Dhabi Investment Office (ADIO) has announced that it has prequalified five bidders for a new project linked to the construction of accommodation and associated facilities for 3,250 students of …
Top 3 real estate investment projects in Dubai for 2023
Dubai, UAE – Realiste, the trailblazer in artificial intelligence within the UAE’s real estate sector, has announced the top three investment projects in Dubai for 2023, derived from in-depth analysis …
Rotana signs agreement for five new properties in Riyadh
The new openings will cumulatively add 618 keys to its portfolio and includes four Edge by Rotana hotels as well as one Rayhaan by Rotana property.
Bayut – Dubai Property – Sales and Rental Market Report for Q1 2023
The UAE’s leading property portal, Bayut has published its Dubai Property Market Report for Q1 2023, revealing the most searched areas in the emirate’s …
Where to buy property in Dubai, United Arab Emirates
Dubai’s success is reflected in its excessive supply of property developments. Foreign investors looking to purchase property in Dubai may have to contend with a volatile market – the city has not …
Dubai property boom: Best rental yields, price increases amid $24bn market
Dubai real estate portal research shows best areas for landlords and premium property price increases Dubai property boom: Best rental yields, price increases amid $24bn market Bayut, Dubai, Dubai …
Cascading demand driving rise in Abu Dhabi residential transactions
In contrast, villa values showed signs of moderation after rising for six consecutive months, resulting in an annual rate of change of 1.2 per cent, according to the latest Abu Dhabi Residential …