Business

The developer secured 58.1 percent market share on Palm Jumeirah, with AED2.18 billion from 33 transactions OMNIYAT Properties: Pioneering Dubai’s Ultra-Luxury Real Estate Market Dubai-based OMNIYAT Properties has solidified its position as a leader in the city’s ultra-luxury real estate market by achieving remarkable sales of AED2.94 billion ($800.4 million) in 2024. According to Property Monitor, a...

Antonovich Design Unveils a Groundbreaking Luxury Villa on La Mer Island, Redefining Elegance and SustainabilityDUBAI, UNITED ARAB EMIRATES, January 25, 2025 – A newly completed residential villa on La Mer Island is raising the bar for sustainable luxury living in Dubai. Spanning an impressive 15,000 square feet, this architectural gem seamlessly blends advanced technology with timeless design,...

UAE Golden Visas, inspiring women in the Middle East, Dubai freehold property, Oman holiday and more top stories this week Major Updates in the UAE: Top Stories This Week The UAE has witnessed several significant developments this week, including announcements on the Dubai-Abu Dhabi train network, adjustments to freehold property regulations, noteworthy real estate launches, and more. Additionally, the...

Dubai developer posts Dh23b sales in 2024 Sobha Realty Eyes Overseas Expansion and Targets Dh30 Billion in Sales by 2025 Sobha Realty, a leading name in luxury real estate, has announced ambitious plans for overseas expansion into the UAE and Australia. The company projects total sales of Dh30 billion in 2025, with Dh20 billion attributed to Dubai developments and Dh10 billion from its flagship project,...

Transactions surged, with ready home sales up 12.3 percent and off-plan sales soaring 76.4 percent Dubai Real Estate Market Outperforms Expectations in 2024 Dubai's property market delivered exceptional performance in 2024, surpassing all initial predictions with impressive double-digit capital growth in both residential and commercial sectors. The ValuStrat Price Index (VPI) revealed a staggering 31.6%...

Azizi Developments launches $272,000 homes in Dubai Island Azizi Developments Unveils Azizi Wasel: A Luxurious Oceanfront Project on Dubai Islands Dubai-based real estate developer Azizi Developments has introduced its latest residential masterpiece, Azizi Wasel, located on the picturesque Dubai Islands. This upscale project combines breathtaking sea views with the city’s iconic skyline, creating an...

Top officials during a press conference in Dubai. The UAE remains a focal point for global investors, driven by the robust momentum of an economy that is advancing at an exceptional pace. Over the past 3 to 4 years, the nation’s economic performance has significantly strengthened, encouraging investors to allocate funds as the growth prospects appear exceptionally solid and promising. This was...

One of Georgia's leading property developers are set to expand into the UAE Strategic Expansion to Attract Investors to Georgia’s Prestigious Branded Developments Mardi Holding, a renowned developer, has taken a significant step forward by partnering with the globally acclaimed hospitality group, Accor. This collaboration aims to attract investors to Georgia’s high-end branded developments, showcasing...

Dubai: A Rising Hub for African Real Estate Investors Dubai has become a prime destination for African real estate investors seeking opportunities in the city's thriving property market and its exceptional living standards. This trend is particularly noticeable among investors from countries facing economic challenges, as they are drawn to Dubai’s promise of secure investments and an improved quality of...

Dubai Real Estate Market Soars to Record-Breaking Heights in 2024 Dubai’s property market achieved an extraordinary milestone in 2024, with sales skyrocketing to an impressive AED 519 billion—a remarkable 37% growth compared to the previous year. This surge was fueled by intense demand that far outpaced supply, driving price increases and cementing Dubai’s position as one of the world’s premier...