Business

Dubai property developers target young professionals and the rapidly growing middle class with affordable housing amid rising rents.The Dubai real estate sector is seeing a shift towards mixed-use developments of late that combine residential, commercial, and leisure spaces amidst talks about a moderation in the market growth rate, industry experts said.Besides, affordable housing is emerging as the new...

AFM Properties, a UAE developer, has launched its latest project in Dubai.Bonito Residences promises to make luxury living more accessible with affordable, and features state-of-the-art amenities.Maqsood Muhammed, Founder & CEO of AFM Properties, said: “Our goal is to set new standards in Dubai's real estate market by offering innovative solutions and delivering lasting value to our clients....

Union Properties unveils $544m Takaya development in Dubai Motor CityUnion Properties has officially launched its new $544m Takaya project in Dubai Motor City.Takaya sets a new standard in the mid-to-high range segment, promising exceptional living experiences for its residents.The launching ceremony was held at the Ritz Carlton DIFC, in the presence of Eng. Amer Khansaheb, Chief Executive Officer and...

United Arab Emirates - October 13, 2024 —Amid the ever-changing Dubai property market, off-plan properties remain a key investment option for local and international investors. Mighthouse Realty LLC, established in 2023, aims to be among the best off-plan property brokerages. They offer a complete package of services, making the entire process from purchase to handover smooth and easy.The trend of...

The community is DAMAC’s fifth master development, and the second one launched in six months of this yearIn line with the UAE’s vision to elevate the aspirations of its people and improve citizen well-being, DAMAC Properties has launched its fifth master community, DAMAC Sun City. Situated in Dubailand, this new development promises a distinctive fusion of wellness-oriented living, nature, and...

Golden Visas, UAE tax laws, Dubai real estate investments, NEOM The Line updates and more of the biggest stories this weekThe Dubai real estate sector continues to boom and was not far away from headlines as analysts identified the best-performing areas for sales, which neighbourhoods have the best returns on investment and a new partnership was announced to boost transparency in the sector. Meanwhile,...

Real estate magnate Kiran Khawaja was honoured as a ‘Guest of Honour’ in recognition of her efforts in the real estate industry at Gulf Achievers Awards which were held on October 6, 2024, at Ramee Dream Hotel in Dubai.The awards, were attended by government VIPs and corporate moguls from diverse sectors like real estate, crypto, and finance.Kiran has carved a niche for herself in the real estate...

Dubai's property market is seeing an unprecedented growth following golden visa initiative introduced by the government to attract HNWIs and UHNWIs who channelled $146 billion into Dubai's real estate sector so far, making it the largest offshore investment market globally.Dubai’s real estate shows no signs of slowing down as the high-net-worth individuals (HNWIs), ultra-high-net-worth individuals...

Dubai’s real estate boom is attracting the global wealthy as cash-rich investors from many parts of the world increasingly shift their focus to investing in luxury properties in the Gulf city and away from the highly volatile stock market this year, reported Arabian Business on Wednesday.The report cited industry experts that forecast more Gen Z buyers dominating investments as 2024 also sees...

These goals align with Dubai’s vision of becoming a global hub of innovation, sustainability, and advanced infrastructure, further enhancing the city’s competitive edge on the world stageDubai, UAE: His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, has approved ambitious targets for the year 2033, setting the stage for...