“The average sales price of properties has increased compared to last year, reflecting strong market confidence. “Furthermore, Dubai’s real estate offers exceptional value on a global scale, with $1 …
Dubai real estate: Pininfarina, MERED announces new luxury tallest residential tower
Dubai’s luxury residential property market has seen continued success this year with over $420 million in individual property sales in Q3 alone. The latest figures show the city’s property values have …
OMNIYAT expands its ultra-luxury portfolio with VELA VIENTO, Dorchester Collection, Dubai
Dubai. Once complete, OMNIYAT’s new property will contribute significantly to the elevation of the Marasi Bay area into a unique ultra-luxury enclave along with its sister property, VELA, Dorchester …
Mercedes-Benz and Dubai-based Binghatti Properties unveil branded real-estate venture
The project breaks ground in Dubai this year when Mercedes-Benz joins forces with local real-estate developer Binghatti Properties to commence construction of Mercedes-Benz Places | Binghatti. This …
Dubai’s robust housing supply to benefit buyers, tenants
According to the Property Monitor Dynamic Price Index (DPI), Dubai property prices currently stand at Dh1,281 per square foot, a little shy of 4.0 per cent above the previous all-time high. Average …
Golden visas: UAE ‘cancels minimum down payment’ for property investors
Dubai has cancelled the Dh1 million ($272,294) minimum down payment required for people to qualify for a golden visa through real estate investment, as it seeks to encourage more residents and …
Abu Dhabi reduced service charges by 6% on jointly owned properties last year
Abu Dhabi reduced service and community charges by 6 per cent last year for owners and investors in jointly owned properties, according to Abu Dhabi Real Estate Centre (Adrec).A total fee reduction of …
Golden visas: Dubai ‘cancels minimum downpayment’ for property investors
Dubai has cancelled the Dh1 million ($272,294) minimum down payment required for people to qualify for a golden visa through real estate investment, as it seeks to encourage more residents and …
Dubai real estate sector records $946m of transactions on Tuesday
The Dubai real estate sector recorded transactions worth AED3.48 ($946m) bn on Tuesday, January 23 according to data from the Land Department. In total there were 510 sales transactions, worth …
Came for a short stint, now it’s home: Why these UAE residents have long-term plans in the country
A recent survey has revealed that more than two-thirds of employees in the UAE will stay in the country for the next five years or more …
UAE real estate: Property market flourishes amid global challenges, says new JLL report
The residential sector in Dubai witnessed remarkable growth in transactions in both primary and secondary markets in 2023 …
Dubai developer announces The Central Downtown in $817m portfolio; new towers offer real estate above mall
The Central Downtown will offer a total of 1,168 residential units consisting of studio apartments, one, two and three-bedroom apartments near Miracle Garden, Dubai Butterfly Garden, and Dubai Autodrome …
Dubai’s new towers to have colour fountain, rainforest retreat, organic farm
Aqua Properties on Monday launched mixed-used The Central Downtown … The developer recently announced plans to launch a series of significant developments in Dubai valued at Dh3 billion. The project …
Dubai real estate sales hit $112bn last year – which areas offer best return for investors as prices leap 49% and rent returns tipped at 11%?
The real estate market in Dubai saw several records set in 2023. Image: Shutterstock Dubai real estate sales hut $112bn last year and the booming property market is set to see further price increases …
2023: Pakistanis remain among top 10 buyers of Dubai property, Indians top list
Indians emerged as the top buyers of Dubai real estate in 2023, while Pakistanis were placed seventh and also surpassed purchases from last year, according to a report released recently by the emirate …
Dubai house prices surge up to 21% on ‘unprecedented boom’
The upward trajectory of property prices in Dubai persists, driven by a record influx of local and international investors attracted to the promising retur..
Dubai: Residential plot prices jump up to 60% as some areas reach their full capacity
Prices of plots for the development of villas and residential buildings have increased by up to 60 per cent in Dubai due to the frenzy around new developme..