Business

Total residential sales transactions surged by 40.3 per cent to 170,992 units in 2024, more than five times the number recorded in 2020, the report showed. Dubai’s Real Estate Market Soars with Off-Plan Sales Dominating in 2024 Dubai’s property sector continues to flourish, with off-plan transactions now making up 63% of all property sales in 2024, a notable rise from 54% in 2023, as reported by Engel...

Dubai's Ultra-Luxury Real Estate Boom: A Magnet for Wealthy Buyers 🌍🏡 Dubai is rapidly becoming the ultimate destination for affluent buyers seeking extravagant properties with million-dollar amenities. The city’s real estate market is experiencing an unprecedented surge, fueled by a rising demand for ultra-luxury homes. Recent property developments showcase opulent residences priced between $60...

The company aims to deliver a portfolio of iconic development projects across Dubai, with several high-profile launches scheduled for 2025 Refine Development Management Unveils Ambitious $12 Billion Expansion Plan in Dubai 🌟 Refine Development Management, a fully integrated development management firm based in Dubai, is starting the new year with bold expansion strategies and an impressive project...

Dubai’s Luxury Residential Market Hits Record High in 2024 with US$ 10 Million+ Home Sales 🌟 Dubai's luxury residential sector soared to new heights in 2024, setting an all-time record for homes priced over US$ 10 million. According to the latest insights from global property consultancy Knight Frank, the emirate recorded an impressive 435 sales exceeding US$ 10 million. This figure surpasses the 434...

The 44-storey tower combines exceptional design with panoramic views and fully-furnished, premium amenities, offering residents a lifestyle of elegance. GJ Properties Unveils Biltmore Residences Sufouh, Redefining Luxury Living in Dubai GJ Properties, a renowned property developer based in Ajman, has officially announced the launch of Biltmore Residences Sufouh, a sophisticated new development set to...

Real-estate firms in Dubai are scrambling to attract more buyers from Europe, Asia and the Americas Dubai’s Ultra-Luxury Real Estate Boom: Mansions, Penthouses, and Millionaire Magnetism 🌍🏡 Dubai is unveiling a fresh wave of extravagant mansions and penthouses, complete with private cinemas, lavish spas, and personal elevators, as developers aim to attract millionaires from across the...

Dubai Real Estate Transactions Exceed USD 136 Billion in 2024: Top Investment Hotspots of the Year 🏙️ Dubai’s property market has continued its strong growth streak in 2024, showcasing consistent performance across all sectors. The steady rise in both sales and rental prices reflects the robust demand for real estate in the emirate, along with increasing investor confidence in Dubai's dynamic...

The market is expected to see a major shift this year, with some of the affordable neighbourhoods transforming into sought-after residential hubs due to infrastructure development and better amenities. Dubai Property Rental Market Set for Balanced Growth in 2024, with Key Shifts Expected in 2025 The Dubai property rental market is anticipated to witness balanced growth in 2024, with certain prime areas...

Driven by sustained investor confidence, an expanding luxury segment, and unprecedented commercial demand Dubai's Real Estate Market Poised for Strong Growth in 2025 Dubai, UAE – The real estate market in Dubai is set to sustain its upward momentum in 2025, fueled by continued investor confidence, the expansion of the luxury segment, and an unprecedented surge in commercial property demand, as...

DAMAC Unveils Riverside Views in Dubai, Paving the Way for 2025 Expansion DAMAC Properties, a prominent private real estate developer in the UAE with a strong global presence, has introduced Riverside Views in Dubai, setting the stage for an ambitious 2025 expansion. This milestone follows an exceptional year in 2024, marked by significant achievements. Nestled within the newly launched DAMAC Riverside...