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Tag: property

Posted on 07/03/2025

UAE Property: ‘Is the new Dubai rent index more tenant-friendly?’

Question: After the publication of the new Dubai rental index in January, rental values were aligned with market prices. However, a few weeks ago, I noticed a sudden rent drop of 22 per cent for …

Posted on 07/03/2025

DAMAC Properties and ADIB partner to facilitate home ownership for UAE residents

DAMAC Properties has partnered with Abu Dhabi Islamic Bank PJSC (ADIB) to introduce a home financing solution that enables UAE residents to secure financing for off-plan properties once construction …

Posted on 07/03/2025

$90 Million Villa Sale Sets a Record on Dubai’s Jumeirah Bay Island

A custom-built villa on Dubai’s Jumeirah Bay Island has sold for AED 330 million (US$89.85 million), setting a sales record for the seahorse-shaped island. This sale significantly surpasses the …

Posted on 06/03/2025

Property Finder reveals latest data for Dubai’s ongoing growth across off-plan and existing real estate in February 2025

The market continued its upward trend with approximately 16,099 transactions, highlighting a 35% increase compared to February 2024 – with a 55% increase in value from the same time last year …

Posted on 06/03/2025

Dubai villa prices rise to more than Dh2,000 per square foot

The prices of villas in Dubai rose more than 20 per cent last year to Dh2,009 ($547) per square foot, as strong demand for luxury property continued to soar in the emirate amid reduced supply. Villa …

Posted on 06/03/2025

Investing in Dubai: A Look at the Different Types of Residential Properties You Can Purchase

As one of the world’s top tourist destinations, Dubai attracts millions of visitors every year. Travelers from across the globe visit the city to see and …

Posted on 06/03/2025

Dubai real estate prices are at an all-time high, how will property supply impact market this year?

Dubai real estate prices increased by more than 19 per cent last year and are set to climb even further in 2025 …

Posted on 06/03/2025

Dubai: 50% drop in prime real estate listings amid surge in end-user purchases

The number of homes available for sale in Dubai fell 30 per cent while the prime market saw an even higher reduction of over 50 per cent in home listings in 2024 as more end-users bought properties in …

Posted on 05/03/2025

Dubai’s residential property market secures record-breaking 169,000 transactions in 2024

Dubai – Dubai’s residential property market soared to new heights in 2024, with a record-breaking 169,000 sales – an increase of 42% on 2023, says leading real estate advisory and property consultant, …

Posted on 05/03/2025

Abu Dhabi Construction Firm Eyes IPO to Tap UAE’s Property Boom

Arabian Construction Co. is considering an initial public offering in the United Arab Emirates, the latest firm looking to capitalize on the country’s booming property market. Most Read from Bloomberg …

Posted on 05/03/2025

UAE residents can soon bid on rents for luxury apartments as auction for high-end properties announced

A first-of-its kind platform in the UAE is transforming the way high-end luxury properties are rented by introducing a bidding system. Currently in its soft launch phase, Bidbayt, will offer a range …

Posted on 04/03/2025

Tilal Al Ghaf’s crown jewel: WOW Properties hits sales milestone at Serenity Mansions

WOW Properties has made a significant impact on Dubai’s luxury real estate scene again, closing an impressive Dh160 million in sales at Tilal Al Ghaf’s Serenity Mansions within a single quarter. This …

Posted on 03/03/2025

Demand for luxury property in Dubai and RAK continue to rise

The UAE has one of the largest demands for the luxury sector globally, particularly in real estate and experiential sectors. The demand for luxury residential developments in both Ras Al Khaimah and …

Posted on 03/03/2025

Abu Dhabi real estate transactions hit $4.7bn in two months

Real estate transactions in Abu Dhabi reached AED17.24bn ($4.7bn) in the first two months of 2025, with over 5,000 transactions, reflecting the sector’s strong activity.

Posted on 03/03/2025

Abu Dhabi real estate transactions hit Dhs17.24 billion in first two months of 2025

Real estate transactions in Abu Dhabi reached Dhs17.24 billion in the first two months of 2025, with over 5,000 transactions, reflecting the sector’s …

Posted on 03/03/2025

Dubai property: Golden visas give confidence to foreign investors of tenants staying longer

Affluent foreign investors are increasingly lured to invest more in the UAE, especially Dubai’s property market because long-term residency programmes such as golden and retirement visas assure them …

Posted on 02/03/2025

Dubai property: Increased service charges? How villa owners can contest ‘unfair’ hikes

Question: I own a villa in a community in Dubai. Can the developer increase service charges a few years after the handover? Is there any way to contest this increase if I feel they are unfair? Answer: …

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