Half Trillion AED Dubai Real Estate Market Nears in Annual Sales Milestone

Dubai real estate is likely to well surpass AED 500 billion in sales by the end of 2024 after recording a historic October that boosted year-to-date figures. The total sales for 2024 already reached AED435.6 billion up to the end of October through 150,651 transactions, thereby breaking through the previous record of AED409.8 billion posted by 132,628 transactions at the close of 2023.The sheer AED 500...

Dubai real estate market surges 55% YoY, reaching AED 54.6bln in October 2024

Over 23,700 transactions completed in October, up 13% month-on-month, reflecting robust market activityOff-plan sales account for nearly 60% of transactions, with strong investor demand in Dubai Hills Estate and Business BayRental values up 16% year-on-year, driven by sustained demand in high-demand residential areas across DubaiDubai, UAE — Dubai’s real estate sector has reached unprecedented heights...

Founder of UK’s Black Brick set to visit Dubai and Riyadh

Camilla Dell, Managing Partner and Founder of Black Brick, a premier buying agency specializing in London real estate, is gearing up for a notable visit to Dubai and Riyadh in November. This strategic trip aims to connect with Middle Eastern investors and shed light on the enduring appeal of London's property market, even amid shifting economic landscapes.London continues to capture the interest of Middle...

Dubai real estate witnesses massive spike in existing and off-plan transactions in October 2024

An aerial view of Dubai Marina. In October 2024, the existing market recorded the highest volume and value of transactions ever, touching 7,140 transactions. — File photoOctober was an outstanding month for Dubai’s real estate, with the highest values being recorded for a month ever. A total of 20,670 transactions were recorded, leading to a 71 per cent increase compared to October 2023. The value of...

Al Sayyah Group Launches its New Project, Butterfly Towers in Arjan, Dubai

Butterfly Towers is an AED 350 million luxurious project with 434 residential units Butterfly Towers is not just a residential development; it’s a transformative vision that blends luxury and sustainability, setting a new standard for urban living in Dubai.”— Marwan Al SayyahUNITED ARAB EMIRATES, November 6, 2024 /EINPresswire.com/ -- Al Sayyah Group, a leader in Dubai's real estate Industry, with...

Dubai commercial real estate market thrives as 24,000 new businesses registered in H1, best-performing areas for office rents revealed

Dubai Grade A office rents up by an average of 25 per cent, with one neighbourhood seeing 44 per cent hikesDubai’s commercial office market is reaching new heights, with unprecedented demand driving occupancy rates and rental growth across prime business districts, according to the Savills Q3 2024 Dubai Office Market report. Driven by a substantial rise in new business registrations and expansion...

MNA Ventures Celebrates Its 20-Year Business Journey, Introduces 7th Key Real Estate Subsidiary

DUBAI, UAE / ACCESSWIRE / November 6, 2024 / MNA Ventures, a global player in business and technology investments, is proud to hold an event in late November 2024, to celebrate 20 years of growth, innovation, and success. Since its founding, MNA Ventures has become a cornerstone in facilitating business operations and making it possible for its clients to develop and grow across borders, clearing their...

Deyaar enters Abu Dhabi real estate market with luxury project RIVAGE

Deyaar Development PJSC (Deyaar), a leading real estate developer in the UAE, has launched RIVAGE, its first luxury residential project on Al Reem Island in Abu Dhabi. In partnership with Arady Properties PSC, this launch marks a significant milestone in Deyaar’s expansion beyond Dubai as it establishes a strong presence in the UAE’s capital.Located on Al Reem Island, RIVAGE will be easily accessible...

Dubai: Octa Properties to add 14 new branded residences worth Dh9 billion by 2025

The Dubai-based leading real estate development management company Octa Properties aims to add 14 new branded projects under management in Dubai by June 2025, with a total value of more than Dh9 billion.This comes as branded residences and luxury projects take centre stage in the emirate's real estate development landscape. Launching branded residences is now gaining currency in the northern emirate of Ras...

Reef Luxury Developments unveils groundbreaking new project featuring patented climate controlled sunken garden concept

Dubai, UAE: Reef Luxury Developments – a pioneer in innovative real estate solutions – has announced the launch of REEF 1000, a transformative boutique project featuring 125 unique homes located in the Dubai Land Residential Complex. The residential properties at this new development boast patented, integrated climate-controlled sunken gardens – a one-of-a-kind in Dubai and the world – providing...

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