UAE real estate sees steady growth in projects, record transactions in 2024

Property markets in Abu Dhabi, Dubai, Sharjah, and Ajman witnessed significant activity in transaction volumes over the past year  The UAE Real Estate Sector Continues Its Growth Journey in 2024 The real estate sector in the United Arab Emirates (UAE) demonstrated remarkable growth throughout 2024, driven by a surge in property developments and infrastructure investments. This sustained progress...

Dubai real estate market ‘fun and ferocious’ with ‘hot market’, says Mr. Superprime

Netflix star Daniel Daggers referred to Dubai’s market as a “sweet shop,” stating there would still be growth “but perhaps not in price values” Describing Dubai’s thriving real estate market as both "exciting and intense," renowned property expert Daniel Daggers has advised buyers to tread carefully in one of the world’s most dynamic luxury property landscapes. Widely recognized as "Mr....

Dubai’s Burj Khalifa records $127.17 million in home sales in 2024

Tower has accounted for $2.4 billion of home sales in Dubai since 2010, the highest for any single building in the city. Burj Khalifa: World’s Tallest Building Achieves AED467.1 Million in Home Sales for 2024 The iconic Burj Khalifa, renowned as the tallest building in the world, reported home sales worth an impressive AED467.1 million ($127.17 million) in 2024. This achievement reaffirms Dubai’s...

How Soaring Real Estate Prices Are Shaping Travel Trends In The UAE

The Impact of UAE Real Estate Prices on Travel Trends The influence of UAE real estate prices on travel trends is becoming increasingly evident. Although once challenging to foresee, the connection between the two sectors now plays a vital role in shaping regional tourism dynamics. From spurring property investments to enhancing the way tourists experience destinations, rising real estate prices are...

Dubai real estate shatters records in 2024 with sales worth $142.4bn

A market report by fäm Properties revealed that Dubai’s real estate market has set a new benchmark with 36% transaction growth, featuring strong performance in both off-plan and ready properties across prime locations. Dubai’s Real Estate Market Hits Record Highs in 2024 Dubai's real estate sector has achieved historic milestones in 2024, reaching unparalleled heights in transaction volumes and sales...

Real estate reimagined: Dubai’s decade of innovation and the road ahead

The property market is not merely a sector in Dubai; it’s a cornerstone of the emirate’s economic success. Dubai Real Estate: A Remarkable Journey Towards Global Leadership The year 2024 has been marked by countless reports highlighting Dubai’s astounding growth, record-breaking property transactions, and a significant surge in foreign investment. Positioned as a fierce competitor to established...

Dubai’s new rental index is based on star ratings for buildings

System aims to drive transparency and reduce disputes between landlords and tenants. Dubai Introduces New Rental Index with Building Rating System Dubai's latest rental index introduces a rating system for individual buildings, encouraging landlords to renovate or upgrade their properties to justify rent increases. The Dubai Land Department (DLD) unveiled this innovative index, which uses a smart...

Dubai real estate sets all-time record in 2024

Dubai real estate Market soars to new peak, with 180,900 transactions worth Dh522.1 billion. Dubai Real Estate Market Achieves Record-Breaking Milestones in 2024 The Dubai real estate market experienced a groundbreaking year in 2024, setting unparalleled records with 180,900 transactions totaling an astounding Dh522.1 billion. This remarkable achievement marks an all-time high for the sector, showcasing...

Dubai Land Department launches Smart Rental Index 2025

Dubai, 2nd January, 2025 – The Dubai Land Department (DLD) has officially launched the Smart Rental Index 2025, a groundbreaking initiative designed to revolutionize the regulation and development of Dubai's real estate market. This innovative index introduces a state-of-the-art system that incorporates advanced technologies and industry expertise, delivering exceptional services tailored to the needs...

Dubai real estate sets $142bn transaction record in 2024 and best performing areas can now be revealed

Dubai real estate sector sets records for volume and value in 2024 with more properties sold for more money and at higher prices Dubai Real Estate Market Reaches Record Heights in 2024 The Dubai real estate market witnessed a historic surge in 2024, achieving a remarkable milestone with 180,900 transactions valued at AED522.1 billion ($142.2 billion). This marks a new peak, setting the stage for...

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