Dubai News

The community is DAMAC’s fifth master development, and the second one launched in six months of this yearIn line with the UAE’s vision to elevate the aspirations of its people and improve citizen well-being, DAMAC Properties has launched its fifth master community, DAMAC Sun City. Situated in Dubailand, this new development promises a distinctive fusion of wellness-oriented living, nature, and...

Golden Visas, UAE tax laws, Dubai real estate investments, NEOM The Line updates and more of the biggest stories this weekThe Dubai real estate sector continues to boom and was not far away from headlines as analysts identified the best-performing areas for sales, which neighbourhoods have the best returns on investment and a new partnership was announced to boost transparency in the sector. Meanwhile,...

The 50:50 joint venture will develop the six-building project next to the Dubai Exhibition Centre, which will include residential, office, and retail spaceAbu Dhabi property developer Aldar Properties has teamed up with Expo City Dubai to develop a $475m (Dhs1.75bn) mixed-use project to serve an increasingly dynamic economic ecosystem – close to Al Maktoum International Airport and the Dubai Exhibition...

Real estate magnate Kiran Khawaja was honoured as a ‘Guest of Honour’ in recognition of her efforts in the real estate industry at Gulf Achievers Awards which were held on October 6, 2024, at Ramee Dream Hotel in Dubai.The awards, were attended by government VIPs and corporate moguls from diverse sectors like real estate, crypto, and finance.Kiran has carved a niche for herself in the real estate...

Dubai's property market is seeing an unprecedented growth following golden visa initiative introduced by the government to attract HNWIs and UHNWIs who channelled $146 billion into Dubai's real estate sector so far, making it the largest offshore investment market globally.Dubai’s real estate shows no signs of slowing down as the high-net-worth individuals (HNWIs), ultra-high-net-worth individuals...

Dubai’s real estate boom is attracting the global wealthy as cash-rich investors from many parts of the world increasingly shift their focus to investing in luxury properties in the Gulf city and away from the highly volatile stock market this year, reported Arabian Business on Wednesday.The report cited industry experts that forecast more Gen Z buyers dominating investments as 2024 also sees...

These goals align with Dubai’s vision of becoming a global hub of innovation, sustainability, and advanced infrastructure, further enhancing the city’s competitive edge on the world stageDubai, UAE: His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, has approved ambitious targets for the year 2033, setting the stage for...

Off-plan or ready real estate sales? Property Finder crunches the numbers after a record $38.7bn sales quarterWith the Dubai real estate sector achieving a record quarter for transactions, a Property Finder report has crunched the numbers on whether the market is led by off-plan or ready property sales.Dubai surpassed previous records, marking the highest volume of quarterly transactions with a total of...

Dubai Land Department launches second phase of Dubai Real Estate Brokers Programme and opens registration for 1,000 new participants- In the first phase, more than 500 participants obtained the real estate broker card, while Emirati brokers successfully closed transactions worth AED 200 million.- Marwan Ahmed bin Ghalita: The programme aims not only to develop skills but also to create an integrated...

The company has honoured 20 agencies for their outstanding performance, dedication, and valuable contributions to its success With a 4.6 percent market share in Dubai's real estate market, SAMANA Developers has solidified its position among the top seven largest developers in the cityDubai-based real estate company SAMANA Developers is targeting a 400 percent growth in sales in 2024, after a strong...