Dubai News

Dubai’s Real Estate Market Thrives Amid Rising Rents and Sustained Growth

Dubai Real Estate Market Shows Strong Growth and Resilience in November 2024The Dubai real estate market demonstrated remarkable resilience and growth in November 2024, with average annual rent prices rising by 20.8% to AED 90,288 ($24,581.74). While there was a slight annual decrease in rental transaction volumes, the market maintained stability due to consistent demand for high-quality rental properties....

Dubai real estate: Six Senses villa in Palm Jumeirah sold for $35m as branded property boom continues

Dubai Sotheby’s International Realty announces $35.4m sale of branded real estate villa in Palm Jumeirah. Dubai Sotheby’s International Realty Sets New Record with AED 130M Villa Sale at Six Senses Palm Jumeirah Dubai Sotheby’s International Realty has announced a landmark sale of a luxurious five-bedroom beachfront Signature Villa at Six Senses Palm Jumeirah for an impressive AED 130 million ($35.4...

Luxury homes vs Ultra-luxury homes: The differences you need to know

Gone are the days when a standard luxury home was defined by spacious layouts and high-end features such as pools and gyms. Today, the focus has shifted away from traditional amenities as new priorities emerge. Unveiling the Distinction Between Luxury and Ultra-Luxury Homes in Dubai Amina Mistry, a 35-year-old working professional, has been actively searching for her dream home for over six months....

Izdihar Real Estate Fund concludes sale of Emaar Business Park – Building 3 in Dubai

The investment objective of Izdihar Fund is centred on delivering sustainable and attractive long term returns to investors through investment in income generating, well-tenanted, marquee assets in the Sultanate and the GCC Bank Muscat Drives Growth with Landmark Real Estate Transaction in the GCC Muscat: As a leading financial services provider in Oman, Bank Muscat continues to demonstrate its...

Dubai real estate: Kamdar Property Development launches ‘105 Residences’ in JVC

Dubai real estate project will feature 105 units comprising studio, 1-bedroom, and 2-bedroom apartments. Kamdar Property Development Unveils 105 Residences: A New Era of Premium Living in JVC Kamdar Property Development has officially announced the launch of 105 Residences by Kamdar, an upscale residential project located in the sought-after Jumeirah Village Circle (JVC). Renowned for its prime location,...

BEYOND Properties launches waterfront project at Dubai Maritime City

Orise marks the second development within BEYOND Properties Developments’ Dubai Maritime City master plan. BEYOND Introduces Orise: A Landmark Development at Dubai Maritime City Following the remarkable success and sell-out of Saria, BEYOND is proud to unveil Orise, its second signature project within the master-planned community of Dubai Maritime City (DMC). This new milestone further solidifies...

Dubai real estate sector recorded $1.7bn of transactions last week, including Bluewaters apartment sold for $23m

The Dubai real estate sector saw $1.7bn of transactions in a shorter week due to Eid Al Etihad holidays. Dubai Real Estate Records AED 6.28 Billion in Weekly Transactions 🌟 The Dubai real estate market showcased its strength once again, with transactions totaling a remarkable AED 6.28 billion ($1.7 billion) between December 2 and December 9, as reported by the Dubai Land Department. Sales Drive Market...

Established European real estate developer launches Dubai operations

MVS Real Estate Development to deliver high-quality residential projects in the emirate MVS Real Estate Development: Redefining Urban Living in Dubai With over 18 years of international experience in real estate construction and a proven track record of delivering more than 22,000 apartments across Russia and the UK, MVS Real Estate Development has officially launched its operations in Dubai. The...

UAE real estate: Tranquil Infra Developers launches with investments over $50mn

UAE real estate, Blossom76, the latest offering by Tranquil Infra, brings luxury apartments, family-friendly amenities, and strong rental yields to JVC Tranquil Infra Developers Unveils Blossom76: A Premium Residential Project in Jumeirah Village Circle (JVC) Tranquil Infra Developers has proudly introduced Blossom76, a sophisticated residential project in Dubai's sought-after Jumeirah Village Circle...

Dubai real estate average rents surge 21% to $24,600 as apartments and off-plan properties dominate $8.3bn November sales

Dubai real estate sales reach $8.3bn in November, according to Springfield Properties research Dubai Real Estate Market Thrives with AED 30.53 Billion in Sales for November 2024 Dubai's real estate market showcased remarkable strength and adaptability in November 2024, recording total sales transaction values of AED 30.53 billion ($8.3 billion) from 12,543 transactions, as highlighted by research from...

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