News

Dubai-based developer Emaar Properties is in discussions with Saudi Arabia's housing ministry to create mixed-use developments in the kingdom. Emaar's founder, Mohammed Alabbar, highlighted the potential project's size, indicating it could involve a substantial 4,000-unit housing development.

Dubai's real estate sector witnessed a significant sales increase during the summer season, with AED 102 billion ($27.8 billion) in sales, according to data from W Capital. The summer sales figure represents a 50% increase compared to the same period last year. Transactions also surged by 30% to reach 33,600,...

Dubai's upcoming Palm Jebel Ali development is set to launch next week, offering luxurious properties in the city's thriving real estate market. Villa prices in this new development start at AED 18 million. Properties range from beach villas to coral villas and premium plots, catering to various preferences and budgets.

Dubai's off-plan property market soared to AED 16.89 billion ($4.6 billion) in August, nearly double the figures from the same period the previous year. This surge contributed to year-to-date sales in 2023 for this segment being nearly 63% higher than the entire previous year. The influx of international developers, particularly...

Dubai-based Samana Developers has launched its latest residential project, Samana Portofino, in Dubai Production City. The AED250 million ($68 million) development features Italian-inspired architecture, private pools in each apartment, and an attractive payment plan spanning eight years. This project is the ninth of the 12 slated for release by Samana...

In a competitive luxury real estate market like the UAE, it's essential to find ways to make your property stand out. Key strategies include professional staging, high-quality photography, highlighting exclusive features and amenities, showcasing privacy and security measures, and creating an emotional connection with potential buyers.

ACUBE, a UAE-based construction-to-energy group, is making its entry into Dubai's real estate market with plans to invest over $100 million in residential projects over the next three years. The company is focusing on sustainability and innovation, with an in-house R&D team working on energy-efficient and waste management technologies, including...

Dubai's luxury real estate market is witnessing significant investments from wealthy Russian and Chinese individuals seeking financial security amidst geopolitical tensions. High yields and a safe haven for capital are attracting these ultra-rich investors to Dubai's property market.

Dubai's rental market has seen a remarkable turnaround with a 22% increase in rents in the year leading to July 2023. Renewed contracts have surged by 29% as tenants prefer the protection offered by RERA regulations, limiting annual rent increases to 20%.

Dubai boasts 15 billionaires and over 200 centi-millionaires, and it's set to become one of the fastest-growing cities for the ultra-rich in the next 10 years, according to a report by Henley & Partners. The city ranks 16th globally in terms of ultra-rich residents, and it's anticipated to see substantial...

Dubai's residential real estate market faces a slowdown as off-plan sales plummet by 41.5% in September 2023, while secondary market sales rise by 30.5%. Despite the dip, the year-to-date transaction volumes reach record highs.

Dubai's commercial real estate sector experiences a 22% surge in transactions during Q3 2023. The office sector sees a notable uptick, while retail faces challenges due to evolving consumer preferences and e-commerce influence.