Business

Dubai’s evolving real estate market is proving attractive to investors with innovation and appetite. Dubai Real Estate Market Surges with AED35.2 Billion Transactions in January 2025 Dubai’s real estate sector continues to showcase strong resilience and sustained growth, recording a remarkable AED35.2 billion ($9.6 billion) in total transactions across 13,043 property sales in January 2025. This marks...

Dubai’s Real Estate Market Embraces Longevity-Focused Living Dubai’s real estate landscape continues to offer unparalleled luxury, from opulent penthouses in record-breaking skyscrapers to multi-million-dollar waterfront estates and lavish mansions on man-made islands. As the city’s property sector thrives, many wonder what lies ahead. Experts point to a new trend shaping the...

Revenue for FY 2024 reaches $416 million, up 20.6%; Earnings per share increase 7.55% to 10.83 fils Deyaar Development Reports Strong Financial Performance in 2024 with 14.68% Profit Growth Dubai-based real estate developer Deyaar Development has unveiled its preliminary unaudited financial results for the fiscal year ending December 31, 2024, showcasing a 14.68% rise in net profit before corporate tax,...

Shanghai, London, and Dubai to Lead Global Hotel Room Openings in 2025 Based on the latest insights from CoStar, the cities of Shanghai, London, and Dubai are set to welcome the highest number of new hotel rooms worldwide in 2025. Among international regions outside the U.S., the Asia-Pacific area is at the forefront in terms of hotel development, spanning construction, final planning, and early planning...

The residential tower, designed by Milan-based architects Gandolfi e Mura and developed by Vantage Developments and Vittoria Group. Vantage Developments and Vittoria Group Partner with Venere Group to Introduce a Unique Fusion of Luxury Real Estate and Italian Automotive Excellence Dubai, U.A.E. – A groundbreaking collaboration is set to redefine the intersection of luxury real estate and...

The penthouse represents the pinnacle of opulence and sophistication, offering unparalleled panoramic views and architectural brilliance The World’s Highest Residence: A $51 Million Duplex Penthouse in Burj Khalifa Hits the Market A remarkable opportunity has surfaced in the world of ultra-luxury real estate—an exquisite 21,000-square-foot duplex penthouse in the iconic Burj Khalifa is now available...

Deyaar reports AED 505.4 mn profit before tax for 2024 Deyaar Development Announces Strong Financial Performance for 2024 Deyaar Development PJSC has unveiled its preliminary unaudited financial results for the fiscal year ending 31 December 2024. The company recorded a 14.68% growth in net profit before corporate tax, reaching $137.7 million (AED 505.4 million) in 2024, compared to $120.2 million (AED...

The market records Dh35 billion in sales across 13,019 transactions in January, posting 5% month-over-month increase from December 2024 Dubai’s Real Estate Market Starts 2025 with Strong Momentum, Signaling Investor Confidence Dubai's property sector has entered 2025 on a high note, demonstrating remarkable strength and reflecting the city's enduring appeal among investors, according to real estate...

Wasl Unveils Avenue Park Towers at Wasl 1 Near Zabeel Park, Dubai Wasl has announced the launch of Avenue Park Towers, a premium residential development located within the Wasl 1 community, near Zabeel Park in Dubai. Blending urban convenience with green spaces, this mixed-use project offers a dynamic combination of residential, retail, and commercial spaces, catering to both investors and...

The project will be delivered in four phases with the Phase one - comprising 124 homes - set for completion in 2026. Steady Progress on AED 1.4 Billion Sheikh Rashid Al Maktoum Housing Project in Dubai Dubai’s Sheikh Rashid Al Maktoum Housing Project, valued at AED 1.4 billion ($381 million), is progressing at a steady pace. This large-scale development features 672 villas, complemented by essential...