Dubai News

Dubai real estate boom continues as developers post record earnings

Dubai's property market is soaring, with record-breaking sales and profits driven by foreign investors and an influx of expats. In 2024, Dubai ranked as the third-best-performing luxury real estate destination, with prices rising 16.9%. Major developers like Emaar and Binghatti saw profits more than double, while Aldar in Abu Dhabi also posted significant growth. Unlike past speculative booms, this rally...

Dubai real estate sector sees 27 percent surge in prices in January 2025: Report

Apartment prices rose by 1.4 percent monthly, recording an annual growth of 23.1 percent last month. Dubai Real Estate Market Continues Strong Growth into 2025 Following an exceptional year in 2024, Dubai’s real estate sector has sustained its upward trajectory, with property prices and transaction values witnessing substantial growth. As 2025 commenced, the ValuStrat Price Index (VPI) climbed to 204.2...

Treo Homes Set to Launch Manchester Recruitment Drive: Empowering Real Estate Careers in Dubai

Manchester, United Kingdom – February 20, 2025 – Treo Homes, a distinguished UK-owned boutique real estate agency based in Dubai, has launched an exciting new recruitment campaign aimed at attracting top-tier talent from Manchester to join its UAE-based team. Spearheading this initiative is Aaron Willis, former contestant of The Apprentice 2022 and current Head of Recruitment at Treo Homes, who will...

Dubai mega-developer Emaar’s stock gained 86% in 12 months – can it do more?

Record results and dividends have added to Dubai developer’s luster Emaar Properties: A Market Leader with Unwavering Growth It is now widely acknowledged that Emaar Properties holds a dominant position in the UAE real estate sector, backed by remarkable earnings growth, a substantial sales backlog, and exceptional project execution. Additionally, the premium pricing of its communities and the soaring...

Dubai’s rapid growth brings housing strains

Dubai’s meteoric rise as a global hub has shown no signs of slowing down, but its booming real estate market, skyrocketing population, and worsening congestion are putting growing pressure on residents. Dubai’s Real Estate Boom Sparks Housing and Traffic Concerns Dubai, famed for its iconic skyscrapers and tax-free lifestyle, is experiencing a surge in real estate transactions, with rental prices in...

PMR Property registers sale of Dh116-million exclusive mansion at The Rings in DLD

With ultra-premium residences, The Rings raises the bar for exclusive living Dubai’s Luxury Real Estate Market Thrives with a Record-Breaking Sale at The Rings Dubai’s premium real estate sector continues its upward trajectory as PMR Property officially records the sale of an ultra-luxurious mansion at The Rings in the Dubai Land Department (DLD) system. Nestled along the scenic Dubai Water Canal,...

Emaar Properties Achieves Record-Breaking Sales Amid UAE Real Estate Surge

Emaar Properties Achieves Record-Breaking Financial Performance in 2024 Emaar Properties PJSC has announced an exceptional financial performance for 2024, achieving total property sales of AED 70 billion, marking a historic milestone for the company. This accomplishment comes amid a thriving UAE real estate market, which has witnessed tremendous expansion over the past year. The company’s annual revenue...

Insights: Why luxury real estate in UAE draws global investors

Driven by liberal policies, robust growth, and an influx of wealthy foreign buyers, the luxury property market in the UAE is poised for further expansion, attracting both institutional and individual investors. The UAE has solidified its position as the top destination for foreign direct investment (FDI) in the Middle East, accounting for nearly half—45.4 percent—of the total inflows, valued at...

Amwaj, Octa launch Dubai’s first low-rise lagoon-facing property

The new five-floor project offers its residents a choice of one- and two-bedroom apartments along with other key amenities such as top retail spots, chic cafés and much more. Amwaj Development and Octa Properties Unite for Landmark Lagoon-Facing Project in Meydan’s District 11 Amwaj Development, a prominent real estate developer in the UAE, has officially partnered with Octa Properties to introduce a...

Dubai’s Real Estate Market Hits Record Highs: AX CAPITAL Helps Investors Seize Unmatched Opportunities

DUBAI, UAE / PRESS RELEASE / February 19, 2025 / Dubai's property sector closed 2024 on an unprecedented high, registering 15,096 real estate transactions worth $11.6 billion in December alone, as reported by the Dubai Land Department. This marks the most robust December performance since 2009, reinforcing Dubai’s stature as a premier global real estate hub. Amidst a global slowdown in other major...

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