Business

Provident real estate agent sells three full buildings in under seven hours at Expo City amid surging demand

Highlighting the growing significance of Expo City as Dubaiā€™s next major business and residential hub. Record-Breaking Sale: Three Full Buildings Sold in Under Seven Hours at Expo City, Dubai Dubai, UAE ā€“ In a remarkable milestone for Dubaiā€™s real estate sector, top-performing agent Kamil Magomedov from Provident Real Estate has successfully facilitated the sale of three entire buildings in less...

Dubai Property Market Sees Surge in Off-Plan Sales

Dubaiā€™s Real Estate Boom: Off-Plan Property Sales Dominate the Market in 2024 Dubaiā€™s real estate sector is witnessing extraordinary growth, with off-plan property sales leading the market. A recent report by Engel & Vƶlkers Middle East indicates that off-plan transactions now make up 63% of all property sales in 2024, marking a significant rise from 54% in 2023. This shift underscores the...

Dubai real estate sales pass $12bn in January as one surprise sector leaps over 151%

The Dubai real estate sector has made a surging start to 2025 as January property sales increase 822 per cent in five years Dubaiā€™s Real Estate Market Soars in Early 2025 with AED44.4 Billion in Property Sales Dubai's real estate sector has kicked off 2025 on a high note, recording property sales worth AED44.4 billion ($12.1 billion) in January, marking a 24.1% increase in value compared to the same...

Seqoon Launches ā€˜Sai Dubaiā€™: UAEā€™s First AI Real Estate Assistant, Will Now Empower Developers and Brokerages

Seqoon has launched Sai Dubai, an AI-powered real estate assistant that streamlines property searches and provides market insights across the UAE. Available on mobile and web platforms, Sai offers personalized guidance for buyers, sellers, and renters while preparing to integrate with major developers and brokerages Seqoon Introduces Sai Dubai: The AI Revolution in Real Estate Dubai, United Arab Emirates...

Dubai real estate: 435 homes sold for more than $10m last year as luxury property lures super-rich, top neighbourhoods revealed

Palm Jumeirah and Palm Jebel Ali see influx of investors as Dubai luxury real estate sector sees record value. Dubaiā€™s Luxury Residential Market Reaches New Heights in 2024 with Record-Breaking $10M+ Home Sales šŸ”āœØ Dubaiā€™s luxury residential real estate market soared to new records in 2024, surpassing previous milestones with an unprecedented number of $10 million+ home sales, as highlighted in...

Dubai Real Estate: JVC, Business Bay, and Dubai Hills lead off-plan property sales in 2024

Dubai's real estate market witnessed remarkable growth in the off-plan segment throughout 2024, reinforcing its role as a key driver of the emirate's property sector. According to the Dubai Land Department (DLD), off-plan transactions accounted for 63% of total sales, reflecting heightened investor confidence. Off-plan apartment sales reached a record 94,455 units, a significant rise from 56,146 in 2023....

Dubaiā€™s luxury market soars with Dh3.68m Royal Atlantis rental deal

The deal reinforces Dubaiā€™s position as a global destination for luxury property Dubaiā€™s Luxury Real Estate Shines with Dh3.68 Million Rental Deal at The Royal Atlantis Dubaiā€™s luxury real estate market continues to attract high-net-worth individuals, as highlighted by a recent Dh3.68 million rental agreement at The Royal Atlantis Resort & Residences on Palm Jumeirah. This remarkable deal...

Dubai: Most tenants renew leases due to high rents, but this could change; hereā€™s why

Delivery of new units in the markets is giving tenants options to move to new areas in the outskirts. Dubaiā€™s Lease Renewals and New Tenancy Contracts See Narrowing Gap The difference between lease renewals and new tenancy agreements in Dubai is gradually shrinking. Real estate professionals highlight that while many tenants still prefer to renew their leases due to the rising rental costs, the...

Dubai real estate sector recorded $3.8bn of transactions last week, including $12.7m Burj Khalifa office

The Dubai real estate sector saw $3.8bn of transactions last week. Dubai Real Estate Market Records AED13.65 Billion in Transactions Last Week The Dubai real estate market witnessed impressive activity last week, recording a total of AED13.65 billion ($3.7 billion) in transactions, as reported by the Dubai Land Department. Sales Transactions Lead the MarketSales transactions were the major contributor,...

How ONE Development Founder and Chairman Ali Al Gebely Took The Dubai Real Estate Market By Storm

ONE Development has taken the real estate market by storm with the launch its highly acclaimed Laguna Residence. But for ALI AL GEBELY, it is just the latest in a long line of successful ventures. Al Gebely: Redefining Real Estate with Visionary Leadership and Innovation šŸŒšŸ—ļø Al Gebely doesnā€™t mince words: ā€œItā€™s all about success. Results matter most. I never view it as pressure because when...

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