Business

The $540 million project will have three residential towers with 788 units, apart from penthouses, townhouses, and villas Union Properties Commences Construction of AED 2 Billion Takaya Project in Dubai Motor City Union Properties has officially begun construction on its ambitious AED 2 billion ($540 million) Takaya project, strategically located within the vibrant Dubai Motor City community. This...

World Realty Congress 2024: Shaping the Future of Real Estate in Dubai Dubai, UAE – The World Realty Congress 2024, powered by LOAMS, concluded on December 13th at the prestigious Palazzo Versace in Dubai, marking a transformative chapter for the global real estate sector. Spanning five dynamic days, the event brought together thought leaders, industry pioneers, and key stakeholders to engage in...

DHG Properties Holding has announced that steady progress is being made on its inaugural Dubai project. DHG Properties Unveils Steady Progress on Helvetia Residences in Dubai DHG Properties, a prominent name in real estate development under the DHG Holding umbrella, is marking a milestone with its first Dubai project, Helvetia Residences. The company has proudly announced that 20% of the project’s...

The emirate's property market has struggled to keep up with the demand, according to a real estate expert. Dubai’s Luxury Property Market Faces Shortage Amid Soaring Demand Dubai’s real estate market is experiencing a significant shortage of luxury apartments, causing rental prices for existing high-end properties to skyrocket. Real estate specialists point to limited availability as a key factor...

Dubai Real Estate Market: November Highlights Reflect Resilient Growth Dubai’s real estate market continues to showcase its resilience and impressive growth trajectory. According to a recent report by Engel & Völkers Middle East, a prominent name in premium residential and commercial real estate, the sector achieved notable milestones in November 2024. The residential market recorded a 15.4%...

Sunny Savani invests in fixed deposits, stocks and ETFs and aims to buy rental properties in Dubai and the UK. From Humble Beginnings to Real Estate Success: A Journey of Financial Discipline Sunny Savani, a Dubai-based real estate professional, exemplifies financial resilience and ambition. Working in commission-based property sales, Sunny experiences significant income fluctuations—some months...

DUBAI, UAE, Dec. 23, 2024 /PRNewswire/ — Ellington Properties, a leading Dubai real estate developer, has announced its inaugural beachfront residential development, Ellington Cove, located on Dubai Islands. This marks a significant milestone for the developer as it ventures into coastal living, blending architectural sophistication with waterfront serenity. Ellington Cove: Redefining Beachfront...

More than 6,700 millionaires relocated to Dubai in 2024 alone, and projections indicate an annual influx of 6,500 UHNWIs through 2026 Ultra-Luxury Nordic Villas Set to Elevate Dubai's Real Estate Market Dubai’s thriving real estate sector is poised for another landmark development with the launch of an exclusive collection of Nordic-style ultra-luxury villas in the Al Wasl district. Valued at AED 1...

The project in Dubai Motor City had its ground-breaking ceremony on December 20th, 2024 and was attended by prominent figures Union Properties Breaks Ground on the Landmark "Takaya" Project in Dubai Motor City Union Properties PJSC is poised to transform urban living with the groundbreaking of its $544 million “Takaya” project in Dubai’s Motor City. This ambitious development sets a new standard in...

The UAE’s real estate market is set to enter 2025 on a high note, driven by record-breaking transactions, rising property values, and robust investor interest UAE Real Estate: A Pillar of Economic Transformation The United Arab Emirates (UAE), a federation of seven emirates strategically positioned at the intersection of Europe, Asia, and Africa, stands as a global example of rapid economic growth and...