Dubai News

Affordable unit sales soar in Dubai realty as tenants turn to ownership

Dubai Real Estate Thrives with Remarkable Gains in Off-Plan and Luxury Segments At the forefront of Dubai's real estate boom is the thriving off-plan market, which accounted for over half of the total transaction value in 2024. The affordable housing sector experienced significant growth last year, with an increasing number of tenants transitioning to homeownership. According to research by Emirates NBD,...

Is This the Future of Luxury Living? Dubai is Leading a Bold Revolution

Dubai Leads the Way in Tech-Enhanced Luxury Living In the heart of the Middle East, Dubai is redefining luxury living through technological breakthroughs. As a global innovation hub, the city’s real estate sector is undergoing an extraordinary transformation, setting new standards for the industry. Intelligent Homes Powered by AI Dubai's residences have evolved into highly advanced ecosystems,...

Dubai’s Red-Hot Property Market Shows Signs of Cooling

Dubai’s Evolving Skyline and Real Estate Market: A Story of Growth and Caution Dubai's ever-changing skyline continues to expand as developers embark on groundbreaking projects, fueling one of the world’s largest property booms. However, signs are emerging that the extraordinary price surge in the market may be leveling off. As per Bloomberg, Emaar Properties PJSC, Dubai’s largest real estate...

Dubai real estate deals hit $31.7bln in Q4, up 31%

Established communities like Palm Jumeirah, Downtown Dubai, and Dubai Marina remain dominant, offering a blend of exclusivity, lifestyle appeal, and long-term value. DUBAI, UAE, Jan. 10, 2025 – Bybit, recognized as the second-largest cryptocurrency exchange globally by trading volume, has unveiled its latest weekly crypto derivatives report in collaboration with Blocks Scholes. This in-depth analysis...

KASCO Developments to self-fund VAL and ONDA projects in Dubai

KASCO announces self-financed VAL and ONDA projects in Al Jaddaf Waterfront and Business Bay. KASCO Developments Announces Self-Funding for VAL and ONDA Projects in Dubai Dubai-based real estate developer KASCO Developments has revealed that its two prominent projects, VAL and ONDA, located in Al Jaddaf Waterfront and Business Bay, respectively, will be entirely self-funded. According to Mustafa Al...

Dar Global’s Luxury Real Estate Footprint Expands to Greece After Trump Deal

Dar Global Eyes Expansion in the U.S. and Greece with New Projects Dubai-based real estate leader Dar Global has announced its plans to expand into the U.S. and Greece, following the unveiling of new ventures in collaboration with The Trump Organization. This news, initially reported by Reuters, marks another milestone in Dar Global’s growth strategy. As the international arm of Saudi Arabia’s Dar Al...

UAE holiday guide; Saudi visa rules; Dubai real estate records; Coldplay in Abu Dhabi – 10 things you missed this week

UAE holiday planning, Saudi visa rule updates, Dubai real estate records, Coldplay in Abu Dhabi and more top news stories this week. UAE Highlights: Holidays, Real Estate Milestones, and Saudi Arabia's Towering Ambitions This week brought exciting updates on UAE holiday planning, evolving Saudi visa guidelines, and a record-setting year for Dubai’s real estate market. Other notable developments included...

Bahria Town launches its project in Dubai

Malik Riaz describes project as significant addition to Dubai's rapidly evolving construction sector. Bahria Town Makes Its Mark in Dubai: A New Era of Luxury Living DUBAI: Bahria Town, a name synonymous with excellence in real estate and construction in Pakistan, has taken a monumental step by entering the global hub of luxury living—Dubai. This move signals a transformative chapter in ultra-luxurious...

MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC

The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers. Key Highlights: MANTRA is set to tokenize over $1 billion worth of DAMAC Group assets by early 2025. DAMAC’s diverse portfolio spans real estate, hospitality, and data centers, with the firm embracing cryptocurrency payments since...

MERED begins main construction for ICONIC Residences Design by Pininfarina

MERED Begins Main Construction Phase for ICONIC Residences Designed by Pininfarina MERED, an acclaimed global real estate developer, has officially launched the main construction phase for its landmark project, ICONIC Residences, designed by the renowned Italian firm Pininfarina. The milestone was celebrated with a special ceremony featuring the first concrete pour, marking a significant step in the...

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