London and Seoul ranked joint-bottom of the 25-city ranking with prices in both conurbations expected to drop by 3%, according to the research. New York was in the middle of the pack with forecast …
Dubai real estate: More than $4bn of property transactions in just one week
Almost 3,000 Dubai real estate transactions saw a total of more than $4bn of activity Dubai real estate: More than $4bn of property transactions in just one week Dubai, Dubai property market, Dubai …
Dubai property sales continue to surge in October
October witnessed another stellar month for Dubai’s booming real estate market. Latest data from Property Monitor show that property sale prices rose 1.77 ..
Omniyat launches the most spacious apartment in Dubai at 50,000sq ft
Omniyat’s Orla, Dorchester Collection will be situated at the apex of Palm Jumeirah’s crescent. Omniyat launches the most spacious apartment in Dubai at 50,000sq ft. Dorchester Collection, omniyat, …
Billionaires’ Row on Palm Jumeirah ‘now most exclusive street for Dubai’s rich and famous’
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”. This is according to Murat Ayyildiz, the chairman of …
UAE: Omniyat launches new ultra-luxury Orla residences
Designed by Foster + Partners and managed by legendary hospitality brand Dorchester Collection, Orla offers a bespoke lifestyle steeped in style and sophistication situated on a beachfront plot at the …
Dubai-based real estate developer omniyat launches ultra-luxury residential masterpiece ‘Orla’
Dubai: OMNIYAT, the leading luxury real estate developer, inaugurated its new architectural masterpiece, ORLA, Dorchester Collection, Dubai. Designed by Foster + Partners and managed by legendary …
Dubai real estate: Ominyat plans city’s largest apartment in $1.3bn project
Dubai home will have private 35m infinity pool, price remains top secret Dubai real estate: Ominyat plans city’s largest apartment in $1.3bn project Atlantis The Royal, Dubai real estate, Dubai real …
NH Collection to open 588-key Dubai property next year
It will be the first of the brand to launch in the Middle East and will join an existing portfolio of over 70 NH Collection properties worldwide. The new-build 533-key property is owned by top luxury …
UAE property: ‘Can I be evicted if I don’t agree to a rent increase?’
The owner has proposed increasing the rent to Dh175,000, from Dh135,000. He approached the Dubai Land Department to change the unit specification in the Ejari from a four-bedroom apartment to a …
Dubai aiming to build tallest block of flats
The tallest residential skyscraper in the world could be built in Dubai, with an equally high level of luxury.
UAE’s Fincasa Capital pledges up to $76.23mln for property sector in 2023
Dubai-based investment firm Fincasa Capital plans to earmark around AED 280 million for the real estate sector during 2023 through its company Star Runner Property. The planned amount marks a …
UAE is home to over 70,000 millionaires
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 …