Dubai real estate

Dubai’s real estate market has been consistently showing remarkable growth, with over 163,000 transactions amounting to more than Dh544 billion in the first nine months of 2024, and shows promising signs for the year ahead, an industry veteran said.“Looking ahead to the new year, I am optimistic that the market will continue to thrive. We can expect to see further developments taking shape, with growth...

The project, located near Dubai Marina Mall and key transport links, offers fully-furnished studio and one-bedroom apartments with the option to combine unitsRove Hotels and IRTH Group have unveiled a new residential development in Dubai Marina that promises to redefine urban living through wellness and community-focused design.The project, located near Dubai Marina Mall and key transport links, offers...

Dubai’s residential real estate market has once again shattered records, with total sales crossing Dh50 billion for the first time,data showed on Thursday.According to Engel & Völkers Middle East latest report, sales transactions surged to 19,605 — an 80 per cent increase year on year. Sales were driven primarily by the booming off-plan segment, which soared by 117 per cent year on year amid...

Palma Development has topped out Serenia Living in Palm Jumeirah, DubaiDubai real estate developer Palma Development has announced the topping out of Serenia Living, its AED3bn ($817m) beachfront project on the crescent of Palm Jumeirah.Serenia Living comprises four towers featuring 226 exclusive two-, three-, and four-bedroom apartments, along with presidential and half-floor penthouses, and one of...

To meet the growing demand, leading developers are currently prioritising launching strategic off-plan projects that promise quality and accessibilityDubai’s population is expected to grow from 3.3 million to 7.8 million by 2040, underscoring the need for expanded housing options. Dubai’s residential real estate market is predicted to see a massive demand spike for mid-income housing, with buyer...

Developed in line with the Dubai 2040 Urban Plan, Expo Living is set to establish itself as a master community that connects residents to an innovative urban lifestyleExpo Living is located within a 5-minute walk from Expo City and the Dubai Exhibition CentreEmaar Properties and Dubai World Trade Centre (DWTC) have unveiled their new joint venture to develop Expo Living – a residential masterplan...

Dubai real estate forecast, Damac Air launch, NEOM management changes, Nakheel releases Palm Jebel Ali beach villas and more of the top stories this weekDubai real estate development launches, policy decisions and future trend forecasts were making headlines this week.Elsewhere, UAE companies shared plans for salary increases next year, NEOM announced major changes to its management structure, Damac...

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...

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...