Business

System aims to drive transparency and reduce disputes between landlords and tenants. Dubai Introduces New Rental Index with Building Rating System Dubai's latest rental index introduces a rating system for individual buildings, encouraging landlords to renovate or upgrade their properties to justify rent increases. The Dubai Land Department (DLD) unveiled this innovative index, which uses a smart...

Dubai real estate Market soars to new peak, with 180,900 transactions worth Dh522.1 billion. Dubai Real Estate Market Achieves Record-Breaking Milestones in 2024 The Dubai real estate market experienced a groundbreaking year in 2024, setting unparalleled records with 180,900 transactions totaling an astounding Dh522.1 billion. This remarkable achievement marks an all-time high for the sector, showcasing...

Dubai, 2nd January, 2025 – The Dubai Land Department (DLD) has officially launched the Smart Rental Index 2025, a groundbreaking initiative designed to revolutionize the regulation and development of Dubai's real estate market. This innovative index introduces a state-of-the-art system that incorporates advanced technologies and industry expertise, delivering exceptional services tailored to the needs...

Dubai real estate sector sets records for volume and value in 2024 with more properties sold for more money and at higher prices Dubai Real Estate Market Reaches Record Heights in 2024 The Dubai real estate market witnessed a historic surge in 2024, achieving a remarkable milestone with 180,900 transactions valued at AED522.1 billion ($142.2 billion). This marks a new peak, setting the stage for...

Mukesh Ambani Gifts Luxurious Beachfront Villa to Son and Daughter-in-Law After Lavish Wedding Celebrations Mukesh Ambani, India’s richest individual and recently ranked ninth on the Forbes Billionaires List, is widely admired for his opulent lifestyle. Following the grand wedding celebrations of his youngest son, Anant Ambani, the Ambani family reportedly spent a staggering INR 5,000 crore on the...

Dubai’s property market is expected to witness supply constraints in some key areas, though developers are ramping up construction efforts to meet the rising demand. Dubai Real Estate Market in 2025: A Balanced Outlook Over the past few years, Dubai’s residential property market has experienced remarkable price surges. However, experts forecast a more balanced growth in 2025, with housing prices...

Fajar Realty wins best real estate agency & agent in Dubai. Kiran Khawaja, CEO of FajarRealty, Honored at the Prestigious Arabian Best of Best Awards in Dubai Kiran Khawaja, the visionary CEO of FajarRealty, has been celebrated at the recent Arabian Best of Best Awards held in Dubai. She was recognized with the esteemed title of “Best Real Estate Agency – Value for Money,” a testament to her...

Dubai developers must start thinking beyond generous payment plans. Affordability in Housing: A Persistent Concern Amid Economic Shifts Public memory often latches onto specific trends, and one such recurring theme is affordability. With the inflationary surge of 2023, this concern has become more pronounced. For many prospective buyers juggling mortgage pressures, housing affordability has reached its...

Massive investments earmarked for infrastructure development is a reflection that Dubai’s leadership recognises long-term success requires inclusivity, experts said. Emerging neighborhoods like Al Furjan, Jumeirah Village Circle, and Dubai South are anticipated to play pivotal roles in shaping Dubai’s residential real estate market by 2025. Developers are strategically shifting their focus beyond...

This investment marks a pivotal milestone for Manrre and its future growth. GFH Partners Invests in Manrre REIT, Strengthening Logistics and Industrial Real Estate in the GCC GFH Partners, the global asset management arm of GFH Financial Group, based in DIFC, has announced a strategic investment in Manrre REIT. This premier Dubai-based fund specializes in institutional-grade logistics and industrial...