Business Development

2024 Market Snapshot: Dubai Real Estate Rewrites the History Books

Dubai Real Estate Market Soars to Record-Breaking Heights in 2024 Dubai’s property market achieved an extraordinary milestone in 2024, with sales skyrocketing to an impressive AED 519 billion—a remarkable 37% growth compared to the previous year. This surge was fueled by intense demand that far outpaced supply, driving price increases and cementing Dubai’s position as one of the world’s premier...

Abu Dhabi and Ras Al Khaimah emerge as key real estate hotspots for 2025

The UAE’s real estate market is gearing up for a transformative year, with Abu Dhabi and Ras Al Khaimah (RAK) poised to become major investment destinations in 2025, driven by their affordability and robust infrastructure. UAE Property Market: Abu Dhabi, RAK, and Dubai Shine in 2025 Forecasts Industry professionals anticipate a significant surge in interest from regional and international buyers for...

Affordable unit sales soar in Dubai realty as tenants turn to ownership

Dubai Real Estate Thrives with Remarkable Gains in Off-Plan and Luxury Segments At the forefront of Dubai's real estate boom is the thriving off-plan market, which accounted for over half of the total transaction value in 2024. The affordable housing sector experienced significant growth last year, with an increasing number of tenants transitioning to homeownership. According to research by Emirates NBD,...

Dubai’s DLD to launch Smart Rental Index in January 2025

The Smart Rental Index introduces a cutting-edge system for regulating and developing Dubai’s real estate sector, particularly rental valuations. Dubai Land Department to Launch Smart Rental Index in January 2025 The Dubai Land Department (DLD) has announced the introduction of its Smart Rental Index, scheduled to debut in January 2025. This forward-thinking initiative aims to enhance transparency,...

New affordable luxury project launched in Dubai

AFM Properties, a UAE developer, has launched its latest project in Dubai.Bonito Residences promises to make luxury living more accessible with affordable, and features state-of-the-art amenities.Maqsood Muhammed, Founder & CEO of AFM Properties, said: “Our goal is to set new standards in Dubai's real estate market by offering innovative solutions and delivering lasting value to our clients....

DAMAC reveals new nature-centric community, DAMAC Sun City in Dubai

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...

Sheikh Hamdan approves major 2033 targets for Dubai’s property, transport, and education sectors

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...

SAMANA Developers targets 400 percent sales growth in 2024

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...

These areas offer the highest yields in Dubai property

Dubai Investments Park (DIP), Discovery Gardens and Liwan have reported the highest yields for affordable apartments for the third quarter in Dubai, offering returns of 9 per cent to 11 per cent, a report showed on Tuesday.Bayut, a leading property portal, has unveiled data on the most-searched areas in Dubai’s real estate market for the third quarter of 2024. Property prices in Dubai’s most popular...

Dubai real estate: Which areas offer best return on investment and where are rents increasing most as property market sees $32.7bn of sales in Q3

As Dubai real estate boom continues and property market sees massive growth, Bayut identifies best spots for ROIThe Dubai real estate sector saw AED120bn ($32.7bn) from more than 48,000 property sales between July and September, according to Bayut’s Q3 data report.   Property prices in Dubai’s most popular areas have continued to surge, with strong sales figures, robust demand and availability of...

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