Real Estate

After a major period of stabilisation in Dubai's apartment rental sector, experts say 2025 promises to be another great year for investors and house owners in Dubai, with rentals predicted to see an average jump of 18 percent for short-term leases and upwards of 13 percent for long-term leases.The continuous surge in the number of professionals from around the world moving to Dubai for work and...

Located in Dubailand, the DAMAC Islands project aims to recreate six global island destinations within the emirate’s urban environmentThe development will include features from multiple tropical locations. Image: DAMACDubai-based real estate developer DAMAC Properties is set to launch a massive project titled ‘DAMAC Island’, according to information seen on its website.Located in Dubailand, the...

Indian investors are among the top three buyers of residential and commercial real estate in Expo City, says Ahmed Al Khatib, Chief Development and Delivery Officer Expo City Dubai.In this episode of the State of Economy Podcast, businessline’s Abhishek Law speaks with Ahmed Al Khatib,Chief Development and Delivery Officer Expo City Dubai about the real estate developments in Dubai.    The podcast...

With $4 trillion of assets, sovereign-wealth funds in MENA are among the world’s largestInstitutional Investors Office Aims to Boost Dubai’s Real Estate GrowthNew Hub Set to Boost Dubai’s Real Estate Sector with Global Institutional FundsDubai –  With the GCC increasingly recognized as a premier investment destination, Dubai is leading the charge to attract international capital. Responding to the...

The multifaceted approach looks set to enhance Dubai’s attractiveness among international investorsDubai’s Real Estate Strategy 2033 is designed to grow property transactions to more than $272 billion (AED 1 trillion) within ten years. Image: ShutterstockAs a proud Emirati, I am immensely grateful for our nation’s forward-thinking leaders. The UAE has been operating at the forefront of world-class...

• The services offered by DLD on the application include property status and valuation inquiries, and property ownership certificate issuance requests. • Duaa Issam Dablan: Our commitment to enhancing services aligns with the Services 360 policy, and offering these via the Dubai Now app will help streamline and elevate user experience. • Hend Alnuaimi: Dubai Now serves as an all-encompassing...

Al Seeb Developers, a part of the Al Safeer Group, has announced the latest launch of Royal Regency Suites, an residential development valued at Dh500 million in Dubai’s Business Bay area.Positioned as a prime investment prospect, Royal Regency Suites offers prices between Dh1.18 million and Dh4.4 million, with an investor-friendly 60/40 payment plan. With an launch price of Dh1,800 per square feet, the...

Emaar Development, a leading UAE property developer and subsidiary of Emaar Properties has reported robust growth for the third quarter of 2024. The company’s property sales soared by 66% in the first nine months of 2024, reaching AED 48 billion ($13.1 billion), up from AED 28.9 billion ($7.9 billion) during the same period in 2023. Emaar attributes this impressive growth to the launch of 50 new projects...

Dubai’s real estate market grows rapidly, with 20,000 new units by late 2024. 3DXB Group leverages 3D printing for efficient, sustainable construction.DUBAI, UAE – Dubai’s real estate market continues to experience robust growth, with 20,000 new housing units expected to be delivered in the second half of 2024. In the first half of the year, real estate transactions reached AED346 billion ($94.2...

DAMAC Properties – one of Dubai’s largest private developers – has launched its own luxury airline on Monday, DAMAC Air, stated an official announcement by the company on its website.The developer has been posting teasers of the upcoming airline on Instagram with information about destinations and a promotional offer to win a free trip.The website describes the new airline as redefining luxury travel...