Business

Dubai Real Estate Market Update: November Sales Reach AED40 BillionDubai’s real estate market showcased its resilience and vibrancy in November, recording 13,502 property transactions worth a total of AED40 billion, as reported by fam Properties.Highlights of November SalesApartment Sales: AED19.9 billion from 10,857 units, reflecting a 31.2% year-on-year growth in volume.Villa Sales: AED10.2 billion...

AQUA Properties has announced the launch of its latest residential project, The Community Sports Arena, in Dubai Sports City, project is valued at $130 million and set for completion by Q4 2027.This landmark development integrates lifestyle, work, and well-being into a singular urban community, elevating the standard for holistic living in Dubai.Following the success of The Central Downtown and The...

November 2024: Dubai Real Estate Market Sees Significant Growth in Off-Plan TransactionsThe Dubai real estate market maintained its robust performance in November 2024, with a substantial year-on-year increase in off-plan transactions. According to recent data, the total transaction volume rose by approximately 46%, reaching 8,548 transactions for the month.Steady Market GrowthOverall property transactions...

105 Residences in Dubai’s JVC features comprehensive amenities, including a rooftop open-air cinema, swimming pool, fitness studio and more. Kamdar Property Development Unveils 105 Residences in Dubai’s JVC Kamdar Property Development, a prominent Dubai-based developer with a rich legacy spanning 40 years, has introduced its first public investment project: 105 Residences. Strategically located in the...

Dubai Real Estate Market Report: November PerformanceThe Dubai real estate market continued its robust trajectory in November, achieving significant milestones with 13,502 property sales transactions valued at AED 40 billion. This marks another thriving month in what has been a record-breaking year for the sector.Surge in Apartment SalesApartment sales led the market with a total value of AED 19.9 billion,...

Aldar Properties Makes Landmark $626M Acquisition in Dubai’s Financial HubIn a strategic move that reinforces its presence in Dubai’s real estate market, UAE-based real estate giant Aldar Properties has acquired a prime commercial tower in the heart of Dubai’s financial district for an impressive $626 million.The state-of-the-art tower, which is currently under development, is being acquired from...

Aqua Properties Unveils The Community Sports Arena: A New Era of Urban Living in Dubai Sports CityAqua Properties, a pioneer in innovative and sustainable real estate, proudly announces its latest venture in Dubai Sports City: The Community Sports Arena. With a valuation of AED 477 million ($130 million) and completion scheduled for Q4 2027, this forward-thinking residential development promises to...

November Snapshot: Dubai Real Estate Market Continues to ThriveDubai’s real estate market remained a hub of activity in November, achieving remarkable milestones with 13,502 property sales transactions valued at AED40 billion. The latest market update from fäm Properties highlights the sustained growth and resilience of the sector.Impressive Apartment SalesApartment sales were a standout, contributing...

Why Billionaires Are Relocating: Insights on Global Wealth TrendsThe world’s billionaires are increasingly choosing countries like the UAE, Switzerland, Singapore, and the United States as their new homes. Over the past four years, more than $400 billion in billionaire wealth has been relocated, with the Middle East and Africa emerging as the most attractive regions for this migration.Billionaire Wealth...

UAE holidays in 2025, national lottery essential information, the Riyadh  Metro starts operations, Dubai real estate latest and moreUAE holidays in 2025, national lottery essential information, the Riyadh  Metro starts operations, Dubai real estate latest and moreThe UAE’s first federally licensed lottery is just a week away and people in the country are looking forward to the AED100m ($27.2m) prize...