Business

Palm Jumeirah and Palm Jebel Ali see influx of investors as Dubai luxury real estate sector sees record value. Dubai’s Luxury Residential Market Reaches New Heights in 2024 with Record-Breaking $10M+ Home Sales 🏡✨ Dubai’s luxury residential real estate market soared to new records in 2024, surpassing previous milestones with an unprecedented number of $10 million+ home sales, as highlighted in...

Dubai's real estate market witnessed remarkable growth in the off-plan segment throughout 2024, reinforcing its role as a key driver of the emirate's property sector. According to the Dubai Land Department (DLD), off-plan transactions accounted for 63% of total sales, reflecting heightened investor confidence. Off-plan apartment sales reached a record 94,455 units, a significant rise from 56,146 in 2023....

The deal reinforces Dubai’s position as a global destination for luxury property Dubai’s Luxury Real Estate Shines with Dh3.68 Million Rental Deal at The Royal Atlantis Dubai’s luxury real estate market continues to attract high-net-worth individuals, as highlighted by a recent Dh3.68 million rental agreement at The Royal Atlantis Resort & Residences on Palm Jumeirah. This remarkable deal...

Delivery of new units in the markets is giving tenants options to move to new areas in the outskirts. Dubai’s Lease Renewals and New Tenancy Contracts See Narrowing Gap The difference between lease renewals and new tenancy agreements in Dubai is gradually shrinking. Real estate professionals highlight that while many tenants still prefer to renew their leases due to the rising rental costs, the...

The Dubai real estate sector saw $3.8bn of transactions last week. Dubai Real Estate Market Records AED13.65 Billion in Transactions Last Week The Dubai real estate market witnessed impressive activity last week, recording a total of AED13.65 billion ($3.7 billion) in transactions, as reported by the Dubai Land Department. Sales Transactions Lead the MarketSales transactions were the major contributor,...

ONE Development has taken the real estate market by storm with the launch its highly acclaimed Laguna Residence. But for ALI AL GEBELY, it is just the latest in a long line of successful ventures. Al Gebely: Redefining Real Estate with Visionary Leadership and Innovation 🌍🏗️ Al Gebely doesn’t mince words: “It’s all about success. Results matter most. I never view it as pressure because when...

Total residential sales transactions surged by 40.3 per cent to 170,992 units in 2024, more than five times the number recorded in 2020, the report showed. Dubai’s Real Estate Market Soars with Off-Plan Sales Dominating in 2024 Dubai’s property sector continues to flourish, with off-plan transactions now making up 63% of all property sales in 2024, a notable rise from 54% in 2023, as reported by Engel...

Dubai's Ultra-Luxury Real Estate Boom: A Magnet for Wealthy Buyers 🌍🏡 Dubai is rapidly becoming the ultimate destination for affluent buyers seeking extravagant properties with million-dollar amenities. The city’s real estate market is experiencing an unprecedented surge, fueled by a rising demand for ultra-luxury homes. Recent property developments showcase opulent residences priced between $60...

The company aims to deliver a portfolio of iconic development projects across Dubai, with several high-profile launches scheduled for 2025 Refine Development Management Unveils Ambitious $12 Billion Expansion Plan in Dubai 🌟 Refine Development Management, a fully integrated development management firm based in Dubai, is starting the new year with bold expansion strategies and an impressive project...

Dubai’s Luxury Residential Market Hits Record High in 2024 with US$ 10 Million+ Home Sales 🌟 Dubai's luxury residential sector soared to new heights in 2024, setting an all-time record for homes priced over US$ 10 million. According to the latest insights from global property consultancy Knight Frank, the emirate recorded an impressive 435 sales exceeding US$ 10 million. This figure surpasses the 434...