Business

Dubai real estate: Former Emaar Properties CEO launches new developer with giant 512 residence project near Ras Al Khor

Former Emaar Properties Group CEO debuts new Dubai real estate developer with new project near Ras Al KhorA new Dubai real estate developer has launched its debut development as it looks to make an impact on the city’s booming property market. Ayana Holding, co-founded by former Emaar Properties Group CEO Abdulla Lahej, has announced the launch of Amaal 8.Located in Meydan Horizon within Mohammed bin...

Dubai property market sets Dh141.9 billion all-time quarterly sales record

First sales from developers outnumber re-sales in the secondary marketDubai’s real estate market recorded total sales worth Dh141.9 billion in Q3 2024, setting an all-time high for a single quarter, according to fäm Properties.This eclipsed the previous quarterly sales record of Dh124.07 billion in Q2 this year, and represented a 30.1 per cent year-on-year rise in valueA market update issued on Thursday...

Dubai real estate: Samana Developers launches AED 220mn Samana Park Meadows project in Dubailand

Samana Park Meadows comprises 221 units spread across 14 floors, including studios, one-bedroom, and two-bedroom flats, each featuring private poolsThe project covers a sellable area of 160,461.31 square feet and is set for completion in March 2028Samana Developers, a Dubai-based real estate firm, has announced a new AED220 million project called Samana Park Meadows in Dubai Land Residence Complex. The...

Over the past five years, consumer preferences in the UAE real estate market have evolved significantly”, Ellington Properties’ CEO shared insights

The co-founder and CEO of Ellington Properties shares insights on changing consumer preferences, opportunities for the market and the developer’s upcoming plansIn an interview with Gulf Business, Elie Naaman, co-founder and CEO of Ellington Properties, shares insights into the evolving landscape of Dubai’s real estate market. He discusses the company’s strategic initiatives, consumer preferences,...

Dh1 trillion ($227.2 billion) by 2033: The Real Estate Strategy 2033 will seek to support Dubai’s goal to raise real estate transactions to double the sector’s contribution to economic diversification, said His Highness Sheikh Hamdan

Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence unveils long-term vision to spur growth in the emirateDubai on Tuesday unveiled an ambitious master plan to transform education, real estate and transport and preserve its rich heritage over the next decade.The major strategy was announced by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister and Minister of...

Beyond branded real estate: Inside Muhammad BinGhatti’s journey to UAE property mogul

BinGhatti believes factors like Dubai’s growing population, tenant demand, and yields still outpacing other major international financial centres will insulate the luxury market even in a potential downturnBinGhatti believes the rise of Dubai’s property market mirrors the global rise of the emirate, with the sector playing a crucial role in the city’s economic landscapeDriving around Dubai, there are...

Dubai Now Hosts Four Dozen $1-Billion-Plus Hedge Funds | One of positive impacts by Dubai Luxury Real Estate boom |

Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance.  This week, we look at Dubai’s position as a financial center, US-UAE talks on artificial intelligence and examine why many expats are considering a move to...

Emaar South: Inside the integrated community of the future, strategically located between Dubai and Abu Dhabi

Emaar South offers diverse residential options and amenities near Al Maktoum International Airport and Expo City Dubai, aligning with Sheikh Mohammed bin Rashid Al Maktoum’s vision for the city’s future growthEmaar South is strategically positioned near Al Maktoum International Airport and Expo City Dubai, placing it at the heart of Dubai's future growth corridor. Image: SuppliedEmaar Properties, one...

Reality TV star Ryan Serhant takes new role on Dubai real estate stage

One of world’s best-known brokers, and ‘Owning Manhattan’ star, to share property secrets with agentsDubai, UAE: Real estate mogul and reality TV star, Ryan Serhant, is taking to the stage in Dubai to help guide brokers on how to succeed in the emirate’s ever-evolving property market. Serhant, who’s reality show ‘Owning Manhattan’ premiered on Netflix in June, will reveal secrets behind...

Breaking Barriers: How Charazed Ramzan Conquered Dubai’s Real Estate World

Amid the dynamic and competitive landscape of Dubai's real estate market, Charazed Ramzan is emerging as a groundbreaking leader.As the CEO and Founder of Aranax Real Estate, she has turned her visionary ideas into a thriving enterprise, showcasing resilience and tenacity in an industry historically led by men.A Fearless StartAt just 20 years old, Charazed launched Aranax Real Estate, embarking on an...

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