The multifaceted approach looks set to enhance Dubai’s attractiveness among international investorsDubai’s Real Estate Strategy 2033 is designed to grow property transactions to more than $272 billion (AED 1 trillion) within ten years. Image: ShutterstockAs a proud Emirati, I am immensely grateful for our nation’s forward-thinking leaders. The UAE has been operating at the forefront of world-class...

• The services offered by DLD on the application include property status and valuation inquiries, and property ownership certificate issuance requests. • Duaa Issam Dablan: Our commitment to enhancing services aligns with the Services 360 policy, and offering these via the Dubai Now app will help streamline and elevate user experience. • Hend Alnuaimi: Dubai Now serves as an all-encompassing...

Al Seeb Developers, a part of the Al Safeer Group, has announced the latest launch of Royal Regency Suites, an residential development valued at Dh500 million in Dubai’s Business Bay area.Positioned as a prime investment prospect, Royal Regency Suites offers prices between Dh1.18 million and Dh4.4 million, with an investor-friendly 60/40 payment plan. With an launch price of Dh1,800 per square feet, the...

Emaar Development, a leading UAE property developer and subsidiary of Emaar Properties has reported robust growth for the third quarter of 2024. The company’s property sales soared by 66% in the first nine months of 2024, reaching AED 48 billion ($13.1 billion), up from AED 28.9 billion ($7.9 billion) during the same period in 2023. Emaar attributes this impressive growth to the launch of 50 new projects...

Dubai’s real estate market grows rapidly, with 20,000 new units by late 2024. 3DXB Group leverages 3D printing for efficient, sustainable construction.DUBAI, UAE – Dubai’s real estate market continues to experience robust growth, with 20,000 new housing units expected to be delivered in the second half of 2024. In the first half of the year, real estate transactions reached AED346 billion ($94.2...

DAMAC Properties – one of Dubai’s largest private developers – has launched its own luxury airline on Monday, DAMAC Air, stated an official announcement by the company on its website.The developer has been posting teasers of the upcoming airline on Instagram with information about destinations and a promotional offer to win a free trip.The website describes the new airline as redefining luxury travel...

Dubai is a developing economy showcasing promising potential, thanks to its government’s visionary leadership. The past years have seen sustained investments in infrastructure as well as regulatory improvements. And for Atif Rahman, founder and chairman of ORO24 Developments, this solid foundation is essential for robust economic growth, and for the continuing success of Dubai’s freehold real estate...

Second-quarter growth brought the total GDP in H1 2024 to AED231 billion, a 3.2 percent rise over the first half of 2023 The real estate sector experienced a growth of 2.6 percent in the second quarter of 2024, accounting for 8.7 percent of Dubai’s GDPDubai’s GDP in the second quarter of 2024 grew 3.3 percent year-on-year to reach AED116 billion ($31.6 billion), His Highness Sheikh Hamdan bin Mohammed...

The last available statistics from Land Sterling show that Dubai’s property sector clocked more than 47,300 transactions in the third quarter of 2024 for AED 116.8 billion, approximately $31.8 billion. Transaction volume increased by a stunning 42 percent during the same period last year, while the value in terms of transactions saw an approximate 33 percent growth.This volume and value growth highlights...

Damac Properties, one of Dubai's largest private developers, is set to launch its own luxury airline, Damac Air.The upcoming airline has announced six sought-after holiday destinations: Seychelles, Maldives, Bali, Bora Bora, Fiji, and Hawaii.Damac has been been sharing teaser videos and content on its social media channels, and Khaleej Times has reached out to the company for further details.“We offer...