dubaimarketnews

Dubai Court Orders Developer to Refund Dhs12.4 Million to Investor Over Undelivered Floating Villa A Dubai appellate court has ruled in favor of an Arab investor, instructing a real estate developer to reimburse Dhs12.4 million, along with a 5 percent interest from Nov. 19, 2024, until the full amount is paid. The investor had entered into an agreement to purchase a floating villa, but the developer...

Introduces new standard of purpose-driven real estate in Dubai Ax Capital Secures Exclusive Brokering Rights for SkyHills Astra at Dubai Science Park Ax Capital has officially become the exclusive broker for SkyHills Astra, a distinguished residential development situated in Dubai Science Park, developed by HRE Development. Since its establishment in 2021, HRE Development has been dedicated to crafting...

Mohamed Alabbar Tops Dubai 100 List, Highlighting Dubai’s Thriving Sectors Mohamed Alabbar, the visionary behind Emaar Properties, has secured the top position on the Arabian Business Dubai 100 list, released on Wednesday. His ranking underscores the crucial role of landmark developments in shaping Dubai’s skyline and economy. Other prominent figures such as Hussain Sajwani of DAMAC and Sir Tim Clark...

Currently, Jafza hosts 10,890 companies from 150 countries, supporting over 160,000 jobs and contributing AED620 billion in annual trade Jafza has unveiled a major expansion of its Logistics Park, investing AED 90 million to introduce an additional 360,000 square feet of state-of-the-art facilities, catering to the increasing demand in the logistics industry. This second phase of development increases the...

Dubai Real Estate Market: Vivek Oberoi, MD and co-founder of BNW Developments, has said that Dubai is emerging as a popular choice for Indian investors who are looking to diversify their portfolios and secure assets abroad. Dubai Real Estate Market Sees Surge in Luxury Property Demand Dubai's luxury real estate sector is experiencing a remarkable surge in demand, driven by its strategic location and...

Dubai’s property market continues its rapid expansion, with residential sales reaching AED 120 billion ($32.7 billion) in the third quarter of 2024, driven by an influx of high-net-worth buyers. Ultra-Wealthy Investors to Inject $4.4 Billion into Dubai Real Estate in 2024 According to the latest report from Knight Frank, individuals with assets exceeding $20 million are expected to invest a staggering...

This exclusive collection of 24 bespoke units will take shape in one of the city’s most prestigious locations (to be announced) Dubai, UAE – Alta Real Estate Development has teamed up with the renowned Parisian fashion house Maison Margiela to introduce the brand’s first-ever residences, a groundbreaking concept poised to redefine boutique living in Dubai. This exclusive collection of 24...

OMNIYAT Launches OMNIYAT Bespoke: A New Global Real Estate Category Empowering UHNWIs to Craft One-of-One Creations Tailored to Their Aspirations DUBAI, United Arab Emirates – OMNIYAT, the pioneering lifestyle brand catering to ultra-high-net-worth individuals, is reshaping the landscape of ultra-luxury living with the introduction of an innovative concept: OMNIYAT Bespoke. This exclusive category...

The new five-floor project offers its residents a choice of one- and two-bedroom apartments along with other key amenities such as top retail spots, chic cafés and much more. Amwaj Development and Octa Properties Unite for Landmark Lagoon-Facing Project in Meydan’s District 11 Amwaj Development, a prominent real estate developer in the UAE, has officially partnered with Octa Properties to introduce a...

The highest sales value was recorded in Al Zahia area, with a value of AED50 million Ajman Records AED 1.57 Billion in Real Estate Transactions for January The Department of Land and Real Estate Regulation in Ajman reported a total of 1,321 real estate transactions in January, reaching a combined value of AED 1.57 billion. The trading volume accounted for AED 1.26 billion across 1,044 transactions,...