Dubai News

Many landlords are raising rents of commercial parties, especially in high-demand areas, to secure higher base rates Tenants Seek Affordability Ahead of Dubai's Commercial Rental Index Launch As Dubai prepares for the launch of its much-anticipated commercial rental index, a shift is occurring in the market. Many tenants are moving to more budget-friendly locations, while others are renegotiating or...

Dubai oversees 2.78m real estate related transactions, rental agreements Dubai’s Real Estate Market Records Unprecedented Growth in 2024 In 2024, Dubai's real estate market witnessed an extraordinary surge, registering 2.78 million transactions, marking the sector’s highest performance to date. These transactions included property and plot sales alongside rental agreements, reflecting a significant...

DUBAI, United Arab Emirates, January 26, 2025 (EZ Newswire) -- Humberts Dubai, the first international franchise of the renowned British real estate advisory firm Humberts, has announced the launch of its Valuation and Advisory vertical in partnership with Goldman Group LLC, a leading UAE-based company. This collaboration combines the global heritage of Humberts with Goldman Group’s regional expertise...

Value of Dubai real estate deals increased by 20 per cent last year to $207 billion UAE Introduces Game-Changing Initiatives to Boost Property Market A series of groundbreaking initiatives have recently been launched in the UAE to enhance the nation’s property sector and attract even greater investment into a market that experienced remarkable growth last year. Earlier this month, the Dubai Land...

Dubai’s Real Estate Sector Achieves AED 761 Billion in Transactions for 2024, Paving the Way for 2033 ObjectivesA Record 2.78 Million Procedures in 2024 Hamdan bin Mohammed: Dubai’s Real Estate Market Stands Among the World’s BestHis Highness stated: "We continue to launch innovative initiatives to fulfill our vision of making Dubai the top place to live and work." Real estate transactions reached...

Vincitore Benessere stands as an architectural masterpiece inspired by classical European design Vincitore Realty Successfully Delivers Dubai’s First Iconic Wellness Residential Landmark Vincitore Realty, a prominent boutique designer developer, has proudly announced the completion of Vincitore Benessere, Dubai’s first iconic wellness-focused residential development. This milestone marks a significant...

High rental yields and tax benefits make Dubai a compelling investment destination Dubai’s Real Estate Market: A Global Investment Magnet Dubai’s thriving real estate sector continues to attract international investors, offering an unparalleled blend of strategic location, iconic skyline, and investor-friendly regulations. According to insights from Elite Merit Real Estate, Dubai outshines major...

Investment in Dubai's real estate sector reached AED526 billion through 217,000 transactions last year Dubai's Real Estate Transactions Hit AED 761 Billion in 2024, Marking a 20% Surge Dubai's real estate market achieved an impressive milestone in 2024, with the total value of transactions soaring by 20% year-on-year to AED 761 billion ($207.2 billion), according to official reports. This record-breaking...

In this interview, CoinDesk's Leah Callon-Butler speaks with MANTRA CEO John Patrick Mullin and DAMAC managing partner Amira Sajwani about their partnership to tokenize $1 billion in Dubai real estate assets. The discussion explores why previous tokenization efforts have failed and how Dubai's regulatory environment, technological advances and market timing make this initiative prime for...

The developer secured 58.1 percent market share on Palm Jumeirah, with AED2.18 billion from 33 transactions OMNIYAT Properties: Pioneering Dubai’s Ultra-Luxury Real Estate Market Dubai-based OMNIYAT Properties has solidified its position as a leader in the city’s ultra-luxury real estate market by achieving remarkable sales of AED2.94 billion ($800.4 million) in 2024. According to Property Monitor, a...