Real Estate

Stocks listed in Dubai jumped the most in three years, led by real estate firms after Emaar Properties PJSC increased its dividend.The Dubai Financial Market General Index gained as much as 4.4% to the highest level since October 2014, led by Emaar and its subsidiary Emaar Development PJSC, which both rose by the maximum allowed 15%. The emirate’s biggest lender — Emirates NBD Bank PJSC — also...

Safa, with over eight years of luxury real estate experience, returns to the market after a strategic pause in 2019. Safa Siddiqui Takes the Helm at Decisive Living, Joining Forces with Dyuti Parruck to Redefine Luxury Real Estate in Dubai Dubai Bling’s star, Safa Siddiqui, has been announced as the new CEO and partner of Decisive Living, a prominent name in the luxury real estate market. Joining hands...

Dubai’s Parkin and SCSC will seek collaborations with municipalities, real estate developers, shopping centres, hotels, and other venues. Parkin Company Partners with BATIC to Revolutionize Paid Parking in Saudi Arabia Parkin Company PJSC, the leading provider of paid public parking services in Dubai, has signed a memorandum of understanding (MoU) with BATIC Investment and Logistics Company, a prominent...

Growing Demand for Short-Term Rentals in Dubai Among AmericansReal estate management consultancies in the UAE are experiencing a notable increase in demand for short-term rentals, with US residents emerging as a key source market. For the first time in a decade, Americans rank among the top five nationalities driving this demand.Strengthening UAE-US Relations Fuels DemandAccording to the Q3 AirDXB Dubai...

Blossom76: Redefining Elegance in Dubai's Real EstateDubai continues to solidify its reputation as a global investment hotspot, offering impressive rental yields and lucrative sales returns. Leading this transformative journey is Tranquil Infra Developers, a boutique real estate developer renowned for its niche projects. With its latest venture, Blossom76, the company is set to redefine luxury living in...

Dubai’s Luxury Real Estate Market Welcomes UHNWIs: AHS Properties Leading the WayBy the end of 2024, the UAE is projected to host approximately 6,700 ultra-high-net-worth individuals (UHNWIs), each with a net worth exceeding $30 million. With Dubai emerging as a preferred destination, this influx is set to significantly benefit various sectors, particularly the luxury real estate market.AHS Properties, a...

Emaar Properties Announces 100% Dividend Payout for 2024, Marking a Historic AchievementEmaar Properties has unveiled an extraordinary decision to distribute 100% of its share capital as dividends for 2024, amounting to AED 8.8 billion ($2.4 billion). This bold move underscores the company's unwavering commitment to creating exceptional value for its shareholders.The announced payout represents a 100%...

In January 2025, the division will unveil its first project on Al Marjan Island in RAK Lacasa Ventures into Real Estate with the Launch of Lacasa Living Renowned for its architectural and engineering excellence, Lacasa has taken a significant leap forward by introducing its new real estate development arm, Lacasa Living. This division is set to transform the boutique real estate landscape with bespoke,...

Why Dubai Real Estate is a Magnet for Global InvestorsDubai's transformation into a leading real estate investment hub is driven by multiple factors that attract international investors. Positioned as a gateway between East and West, the city’s strategic location, combined with its tax-free policies, offers a lucrative and secure market for investments. Government initiatives such as long-term residency...

Emaar Properties Announces Landmark 100% Dividend Distribution for 2024Emaar Properties has unveiled a game-changing announcement for its shareholders, committing to distribute an impressive 100% of its share capital as dividends for the year 2024. This amounts to a staggering AED 8.8 billion ($2.4 billion), showcasing Emaar’s unwavering dedication to delivering exceptional value to its investors.This...