Yousef Al Shelash’s Vision: Driving Dar Al Arkan’s Partnerships with Global Brands

Yousef Al Shelash: Driving Dar Al Arkan’s Global Rise in Luxury Real EstateYousef Al Shelash, Chairman of Dar Al Arkan, has revolutionized the company’s journey, establishing it as a global leader in luxury real estate. Through visionary leadership, strategic partnerships, and a commitment to innovation, Al Shelash has propelled the company to new heights in a competitive industry.Trump Tower Dubai: A...

Thousands of Dubai homeowners become ‘accidental millionaires’ as property values soar

Dubai’s Property Boom: Nearly 1 in 5 Homes Now Worth Over $1 MillionDubai’s real estate market is creating a wave of “accidental millionaires,” as a significant portion of homeowners in the city see their properties soar in value. A recent analysis by Knight Frank, a global real estate consultancy, reveals that nearly 20% of homes in Dubai are now valued at over $1 million.This remarkable growth is...

Aldar acquires $629M commercial tower deal in DIFC, Dubai

The project is expected to be completed by 2028 Abu Dhabi-listed real estate developer Aldar has announced the acquisition of a prominent commercial tower project in Dubai International Financial Centre (DIFC) for $629 million from H&H Development. The tower, designed by renowned architectural firm Herzog & de Meuron, will span 40 floors, featuring a blend of commercial and retail...

Nearly one in every five homes in Dubai is worth more than $1 million, report says

Demand for houses in Dubai continues to surge, driving up prices in the market, with the number of properties worth $1 million growing rapidly, a new report has found.House prices in Dubai are currently 19.9 per cent higher than at the same time last year and are expected to rise by an additional 8 per cent next year, real estate consultancy Knight Frank said in its Dubai Residential Market...

Short supply of homes to push Dubai property prices by 8% in 2025

 Dubai’s Property Boom: House Prices Predicted to Rise Further in 2025The Dubai property market is set to maintain its upward trajectory, with house prices forecasted to increase by 8% in 2025, driven by a persistent shortage of supply, according to Knight Frank’s latest report, Dubai Residential Market Review: Special Edition.Record-breaking Growth in 2024Property prices in Dubai are currently 19.9%...

Dubai real estate: Property market maintains Momentum with 13,502 sales in November

Jumeirah Village Circle emerged as the top-performing area with 1,528 transactions worth AED1.6 billion, followed by Dubai Marina with 838 transactions valued at AED3.1 billion Dubai Real Estate Market Report: November's Impressive Growth Dubai's real estate market sustained its remarkable momentum in November, recording 13,502 property transactions totaling AED40 billion, according to a market report by...

Branded residence demand in Dubai could see 20% price surge as international investors eye lifestyle upgrade

The surge in demand for branded residences in Dubai is also projected to push up their pieces by 10-20% from the estimated current average price of about $1,769 per square foot Dubai’s Branded Residences: A Magnet for Ultra-Luxury Living Dubai’s real estate market is poised for rapid growth, with branded residences leading the way. Ultra-high net worth individuals (UHNWIs) from India, Europe, Russia,...

Western Valuers appoints Ibrahim Emad as leader of Valuation & Advisory practice

Western Valuers, a UAE-based real estate consultancy firm, has appointed Ibrahim Emad as leader of its Valuation & Advisory team in Dubai and Abu Dhabi. Western Valuers Welcomes Ibrahim Emad as Head of Valuation & Advisory UAE-based real estate consultancy Western Valuers has announced the appointment of Ibrahim Emad as the leader of its Valuation & Advisory team for Dubai and Abu...

Deep dive into Dubai’s economy: Growth, trade and innovation insights

Several essential sectors are driving growth in Dubai’s economy which is expected to expand by 3.5 percent this year and 4 percent in 2025 Envisioning a future of growth and prosperity, Dubai has launched several plans and visions, setting a path for future growthIn recent years, Dubai has emerged as a global hub of economic activity and growth, establishing itself as a beacon of growth in the Middle...

Dubai real estate: How 3D printing in construction could support $272bn property transaction targets

Avighna Group Acquires Emaar Business Park in DubaiAvighna Group, a leading name in real estate development, has made a significant move by acquiring Building 3 of Emaar Business Park in Dubai. The deal, valued at INR 555 crore, was facilitated through its UAE-based subsidiary, Avighna Invest, and marks a milestone in the company’s global expansion journey.Situated on the prestigious Sheikh Zayed Road,...

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