Business

Dubai: Residents, investors in shock as real estate project marked ‘under cancellation’ after 19-year wait

The project called Dubai Lagoon was first launched by Schon Properties in 2005 Property Buyers Left in Limbo: A 17-Year Wait for Dubai Lagoon Project Hundreds of property investors are grappling with uncertainty and frustration as a Dubai development launched 19 years ago faces cancellation. Recently listed as "under cancellation" by the Dubai Land Department, the project has left buyers questioning the...

A Guide To Real Estate Investments In Dubai

Dubai: A Premier Destination for Real Estate Investment Dubai has firmly established itself as a global hub for real estate investment, drawing attention from investors worldwide. Renowned for its luxurious lifestyle, cutting-edge infrastructure, and strategic geographic location, the city offers exceptional opportunities for both short-term gains and long-term growth. With its dynamic economy and thriving...

Dubai: Affordable residences under Dh1 million among top-selling properties

Engel & Völkers Middle East reports 15.4% residential and 24.2% office sales surge in November Affordable Properties Dominate Dubai’s Real Estate Market Dubai’s real estate market is witnessing a significant shift, with affordable properties increasingly becoming the focal point for homebuyers. As more people aspire to call the emirate their home, the demand for budget-friendly housing options...

Dubai real estate: Object1 records massive growth with 1,059% increase in sales volume

Dubai real estate developer Object1 reports a 913 per cent increase in sales value Object1 Real Estate Achieves Unprecedented Growth in Dubai's Booming Market Dubai-based real estate developer Object1 is closing the year on a high note, celebrating exceptional growth in both sales value and volume. With a staggering 913% increase in sales value and an impressive 1,059% rise in sales volume compared to...

Top 10 New Off-plan Properties in Dubai Real Estate

New 10 Off-plan Properties in Dubai Real Estate Explore the Top 10 New Off-Plan Projects in Dubai Looking for the latest off-plan developments in Dubai? Your search ends here! We’ve curated a list of the top 10 off-plan properties featuring luxurious apartments, townhouses, and beachfront homes. Whether you're seeking a dream residence or a promising investment opportunity, these projects offer...

What’s in store for Dubai’s real estate sector in 2025?

Ali Sajwani highlights the top trends he expects to see in Dubai's real estate sector in 2025 Dubai’s Real Estate Market: Key Trends and Insights for 2025 The UAE’s real estate market has once again proven its resilience and vibrancy in 2024, achieving remarkable milestones and setting new benchmarks. While strong performances have been recorded across the country – with locations like Abu Dhabi and...

Dubai real estate: New player Tranquil Infra Developers enters market with $50mn investment

The developer’s first project will be a luxury residence Blossom76 in JVC Tranquil Infra Developers Enters UAE Market with $50 Million Investment and Launch of Blossom76 Tranquil Infra Developers, a boutique real estate firm specializing in luxury and niche projects, has officially marked its debut in the UAE property market. Backed by a substantial investment of over $50 million, the company unveiled...

Dubai Real Estate Market Achieves AED 40 Billion in November 2024 Transactions

Dubai Real Estate Market Surpasses AED 40 Billion in November 2024 Dubai’s real estate market continued its impressive growth trajectory in November 2024, achieving AED 40 billion in property transactions from 13,502 sales. While growth was more measured compared to previous months, the market showed resilience with a 10.5% year-on-year increase in transaction volume. These figures highlight Dubai’s...

Sheikh Hamdan names new CEOs at Community Development Authority in Dubai

Sheikh Hamdan Issues Key Appointments at Dubai’s Community Development AuthorityIn his role as Chairman of the Dubai Executive Council, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE, has made significant new appointments to strengthen the Community Development Authority (CDA) in Dubai.According to the Dubai...

Lacasa Group enters real estate development through Lacasa Living

Lacasa Living Ventures into Real Estate Development with Ambitious Projects in UAE and QatarLacasa has taken a bold step into real estate development with the launch of its new division, Lacasa Living. Building on its extensive experience in architecture and interior design, the company is now poised to deliver exceptional projects across residential, hospitality, and mixed-use sectors.Focused on premium...

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