Dubai real estate developer eyes Abu Dhabi expansion with 2 Reem Island properties

MERED expands into Abu Dhabi with Al Reem Island properties make most of ADGM ecosystemDubai real estate developer MERED is strengthening its footprint in Abu Dhabi by acquiring two adjacent prime waterfront plots on Al Reem Island. This acquisition highlights MERED’s continued success and strategic growth, delivering state-of-the-art residential and commercial developments across the capital...

Dubai real estate: Off-Plan property prices stabilise after 2023 boom, says new report

Prices in high-demand locations such as Dubai Hills Estate, Business Bay, and Jumeirah Village Circle surged by 15-30% compared to the previous year, the report saidPrices in high-demand areas like Dubai Hills Estate (pictured), Business Bay, and Jumeirah Village Circle have risen by 15-30 per cent year-on-year. Image: ShutterstockDubai’s real estate market has entered a period of stabilisation...

Dubai real estate guide: Resale market trends, opportunities and popular areas to look out for

Jumeirah Islands, Mohammed bin Rashid City and Dubai South emerged as some of the most highly sought-after locations The most sought after areas for apartments this year were Jumeirah Village Circle (JVC), Dubai Marina, Business Bay, and Downtown Dubai.Dubai’s real estate market has emerged as a hub for investors and homebuyers in recent years, offering a range of properties with luxurious amenities and...

UAE real estate developer predicts rise of sustainable housing projects

ZāZEN Properties is at the vanguard of sustainable real estate development in the UAEZāZEN Properties is at the vanguard of sustainable real estate development in the UAEThe UAE real estate sector is thriving and will see an increase in the importance of sustainable projects, according to a leading developer in the field.ZāZEN Properties announced a significant achievement with its latest project,...

Dubai, Abu Dhabi among top 5 global improvers in real estate transparency index

Dubai Land Department recorded Dh37.3 billion in sales value in August 2024, a 33 per cent increase compared to the same month last yearDubai and Abu Dhabi have been ranked among the top five cities globally that have made the most improvements in real estate transparency, according to the latest Global Real Estate Transparency Index (GRETI) released by JLL.Dubai’s real estate market has been one of the...

Dubai Land Department visit Al Bayari Group, D&B Properties, and evolutions for the first time

The DLD delegation had the opportunity to meet the team across these departments and gain a deeper understanding of the full range of services provided by D&B PropertiesDubai, UAE: The Dubai Land Department (DLD) made their first visit to Al Bayari Group, D&B Properties, and Evolutions today as part of a new strategic partnership to support the Dubai Real Estate Brokers Program. In the presence of...

Lupós Real Estate opens broker school in Dubai

The new educational project aims to elevate the professionalism of brokers.Lupós Real Estate, part of the international Lupós Group, announced the launch of its own school for broker training through a media release. This new educational project aims to elevate the professionalism of brokers in Dubai by offering a comprehensive training program that includes both theoretical and practical modules, it...

Chairman of property firm Damac expresses concerns over ‘expensive’ Dubai

DUBAI, United Arab Emirates — Dubai’s property scene is showing no sign of cooling off, as 2024 is on track to be another record year in terms of sales figures and property values, according to local real estate firms.Increasing demand for property, especially in the luxury space, is boosting prices not just of homes, but of everything else in the city — just as the United Arab Emirates is expected...

Dubai real estate: R.Evolution announces construction update for award-winning Eywa project

Eywa stands out as the first residential development to integrate modern technology with ‘ancient wisdom’International developer R.Evolution has announced the commencement of construction on its groundbreaking Eywa project in Dubai.The news comes following Eywa’s recent accolades at the International Property Awards in London where it was recognised as the World’s Best Property and Best...

Savings of up to Dh77,000: High rents in Dubai see some tenants move to Sharjah, Ajman, UAQ

Many tenants in Dubai are moving to Sharjah and northern emirates due to increase in rents, increased quality developments, and hybrid work arrangements that offer more locational flexibility to employees.This is the third cycle, akin to the previous two cycles of 2009 and 2014, where tenants are locating to northern emirates to beat rising rentals. Industry executives suggest that tenants can save around...

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