Dubai News

2024 was a defining year for the UAE’s real estate sector, with record-breaking volumes and values. UAE Real Estate Market Surges to Unprecedented Heights in 2024 The UAE’s property sector experienced a historic surge in 2024, driven by insights from Property Finder. With record-setting transaction volumes and values, the market showed extraordinary growth, powered by Dubai’s booming off-plan...

Abu Dhabi-based customers account for 20% of its sales. Dubai Revolutionizes Real Estate with the Smart Rental Index 2025 Dubai’s real estate market has embraced a digital transformation with the introduction of the Smart Rental Index 2025 by the Dubai Land Department (DLD). This advanced, data-driven system aims to standardize rental values across the emirate, ensuring fair pricing for all stakeholders...

Dubai’s new Smart Rental Index 2025 leverages AI and real-time data to calculate rental values, aiming to enhance market transparency, protect tenant rights, and provide investors with accurate insights Dubai Revolutionizes Real Estate with the Smart Rental Index 2025 Dubai’s real estate market has embraced a digital transformation with the introduction of the Smart Rental Index 2025 by the Dubai Land...

As the UAE real estate market continues to evolve, both cities are showing resilience and growth, positioning the region as a dynamic and attractive destination for global investors. UAE Real Estate Market Achieves Milestone Growth in 2024 The UAE's property sector has showcased exceptional performance throughout 2024, with notable advancements in both Dubai and Abu Dhabi, according to data shared by...

Azizi Ruby in Jumeirah Village Circle (JVC) will be surrounded by over 30 landscaped parks. Azizi Developments Introduces Azizi Ruby: A New Residential Tower in Jumeirah Village Circle (JVC) Azizi Developments has announced the launch of Azizi Ruby, a modern and nature-inspired residential tower located in the lively neighborhood of Jumeirah Village Circle (JVC), Dubai. This latest addition to their...

Dubai Marina, Downtown Dubai and Palm Jumeirah have solidified their position as top areas for buying luxury apartments Residential Real Estate Sales Surge in Dubai with Record Growth in H2 2024 Dubai’s residential real estate sector witnessed a remarkable 31% year-on-year increase in sales during the second half of 2024, reaching a staggering Dh232 billion, according to a recent report. The findings,...

The existing regulation will still be used to calculate any percentage increases to the rental amounts when the market is going up Question: I recently read about a new smart rental index introduced in Dubai's real estate market. Can you explain what it is and how it differs from the previous system? - CT, Dubai Answer: The Dubai Land Department (DLD) has rolled out an advanced version of the former Rera...

The Fazza International Championships will feature four major tournaments, attracting athletes from over 70 countries Dubai Land Department Collaborates to Support Fazza International Championships for People of Determination 2025 The Dubai Land Department (DLD), in partnership with the Dubai Club for People of Determination and the Dubai Sports Council, has announced an innovative real estate...

Dubai's Thriving Real Estate Market: A Global Beacon of Growth Despite global challenges, Dubai’s real estate market continues to thrive. While other regions face declining demand and slower growth, Dubai stands out, particularly in the luxury property segment. The city has become a dependable choice for individuals seeking smart and secure investments. Real estate developers play a vital role in shaping...

Dubai Real Estate Market Sees Remarkable Revenue Growth in 2024 The Dubai government has announced an impressive rise in revenue generated from the real estate sector in 2024. Sales in this sector saw a 20.6% increase, reaching a total of Dhs20.9 billion—equivalent to approximately Dhs1.74 billion per month. This marks a significant growth compared to 2023, where sales amounted to Dhs16 billion or about...