Dubai

Dubai: Most tenants renew leases due to high rents, but this could change; hereā€™s why

Delivery of new units in the markets is giving tenants options to move to new areas in the outskirts. Dubaiā€™s Lease Renewals and New Tenancy Contracts See Narrowing Gap The difference between lease renewals and new tenancy agreements in Dubai is gradually shrinking. Real estate professionals highlight that while many tenants still prefer to renew their leases due to the rising rental costs, the...

Dubai real estate sector recorded $3.8bn of transactions last week, including $12.7m Burj Khalifa office

The Dubai real estate sector saw $3.8bn of transactions last week. Dubai Real Estate Market Records AED13.65 Billion in Transactions Last Week The Dubai real estate market witnessed impressive activity last week, recording a total of AED13.65 billion ($3.7 billion) in transactions, as reported by the Dubai Land Department. Sales Transactions Lead the MarketSales transactions were the major contributor,...

How ONE Development Founder and Chairman Ali Al Gebely Took The Dubai Real Estate Market By Storm

ONE Development has taken the real estate market by storm with the launch its highly acclaimed Laguna Residence. But for ALI AL GEBELY, it is just the latest in a long line of successful ventures. Al Gebely: Redefining Real Estate with Visionary Leadership and Innovation šŸŒšŸ—ļø Al Gebely doesnā€™t mince words: ā€œItā€™s all about success. Results matter most. I never view it as pressure because when...

Dubai: Off-plan sales dominate 63% of residential sales in 2024

Total residential sales transactions surged by 40.3 per cent to 170,992 units in 2024, more than five times the number recorded in 2020, the report showed. Dubaiā€™s Real Estate Market Soars with Off-Plan Sales Dominating in 2024 Dubaiā€™s property sector continues to flourish, with off-plan transactions now making up 63% of all property sales in 2024, a notable rise from 54% in 2023, as reported by Engel...

Dubai’s Ultra-Luxury Real Estate Market Soars

Dubai's Ultra-Luxury Real Estate Boom: A Magnet for Wealthy Buyers šŸŒšŸ” Dubai is rapidly becoming the ultimate destination for affluent buyers seeking extravagant properties with million-dollar amenities. The cityā€™s real estate market is experiencing an unprecedented surge, fueled by a rising demand for ultra-luxury homes. Recent property developments showcase opulent residences priced between $60...

Refine to deliver $12bln development projects in Dubai this year

The company aims to deliver a portfolio of iconic development projects across Dubai, with several high-profile launches scheduled for 2025 Refine Development Management Unveils Ambitious $12 Billion Expansion Plan in Dubai šŸŒŸ Refine Development Management, a fully integrated development management firm based in Dubai, is starting the new year with bold expansion strategies and an impressive project...

GJ Properties launches luxury hotel apartment project in Dubai

The 44-storey tower combines exceptional design with panoramic views and fully-furnished, premium amenities, offering residents a lifestyle of elegance. GJ Properties Unveils Biltmore Residences Sufouh, Redefining Luxury Living in Dubai GJ Properties, a renowned property developer based in Ajman, has officially announced the launch of Biltmore Residences Sufouh, a sophisticated new development set to...

Dubai Adds New $100 Million Mansions to Lure Worldā€™s Ultra Rich

Real-estate firms in Dubai are scramblingĀ to attract more buyers from Europe, Asia and the Americas Dubaiā€™s Ultra-Luxury Real Estate Boom: Mansions, Penthouses, and Millionaire Magnetism šŸŒšŸ” Dubai is unveiling a fresh wave of extravagant mansions and penthouses, complete with private cinemas, lavish spas, and personal elevators, as developers aim to attract millionaires from across the...

Dubai real estateā€™s consistent growth in 2024, and other stories

Dubai Real Estate Transactions Exceed USD 136 Billion in 2024: Top Investment Hotspots of the Year šŸ™ļø Dubaiā€™s property market has continued its strong growth streak in 2024, showcasing consistent performance across all sectors. The steady rise in both sales and rental prices reflects the robust demand for real estate in the emirate, along with increasing investor confidence in Dubai's dynamic...

Dubai real estate:Ā High-end villas, luxury apartments to lead cityā€™s rental price gains in 2025

The market is expected to see a major shift this year, with some of the affordable neighbourhoods transforming into sought-after residential hubs due to infrastructure development and better amenities. Dubai Property Rental Market Set for Balanced Growth in 2024, with Key Shifts Expected in 2025 The Dubai property rental market is anticipated to witness balanced growth in 2024, with certain prime areas...

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