dubaimarketnews

Dubai Real Estate Outlook 2025: Key Insights and TrendsAs we approach the close of 2024, Dubai's real estate market continues to captivate global attention. Investors—both seasoned and new—are eager to uncover what 2025 holds for this dynamic sector. With strong growth underpinned by strategic reforms and global appeal, Dubai remains a hub for lucrative opportunities. Here's a detailed look at the...

Dubai’s Property Boom: Nearly 1 in 5 Homes Now Worth Over $1 MillionDubai’s real estate market is creating a wave of “accidental millionaires,” as a significant portion of homeowners in the city see their properties soar in value. A recent analysis by Knight Frank, a global real estate consultancy, reveals that nearly 20% of homes in Dubai are now valued at over $1 million.This remarkable growth is...

The project is expected to be completed by 2028 Abu Dhabi-listed real estate developer Aldar has announced the acquisition of a prominent commercial tower project in Dubai International Financial Centre (DIFC) for $629 million from H&H Development. The tower, designed by renowned architectural firm Herzog & de Meuron, will span 40 floors, featuring a blend of commercial and retail...

Demand for houses in Dubai continues to surge, driving up prices in the market, with the number of properties worth $1 million growing rapidly, a new report has found.House prices in Dubai are currently 19.9 per cent higher than at the same time last year and are expected to rise by an additional 8 per cent next year, real estate consultancy Knight Frank said in its Dubai Residential Market...

 Dubai’s Property Boom: House Prices Predicted to Rise Further in 2025The Dubai property market is set to maintain its upward trajectory, with house prices forecasted to increase by 8% in 2025, driven by a persistent shortage of supply, according to Knight Frank’s latest report, Dubai Residential Market Review: Special Edition.Record-breaking Growth in 2024Property prices in Dubai are currently 19.9%...

Jumeirah Village Circle emerged as the top-performing area with 1,528 transactions worth AED1.6 billion, followed by Dubai Marina with 838 transactions valued at AED3.1 billion Dubai Real Estate Market Report: November's Impressive Growth Dubai's real estate market sustained its remarkable momentum in November, recording 13,502 property transactions totaling AED40 billion, according to a market report by...

The surge in demand for branded residences in Dubai is also projected to push up their pieces by 10-20% from the estimated current average price of about $1,769 per square foot Dubai’s Branded Residences: A Magnet for Ultra-Luxury Living Dubai’s real estate market is poised for rapid growth, with branded residences leading the way. Ultra-high net worth individuals (UHNWIs) from India, Europe, Russia,...

Several essential sectors are driving growth in Dubai’s economy which is expected to expand by 3.5 percent this year and 4 percent in 2025 Envisioning a future of growth and prosperity, Dubai has launched several plans and visions, setting a path for future growthIn recent years, Dubai has emerged as a global hub of economic activity and growth, establishing itself as a beacon of growth in the Middle...

Avighna Group Acquires Emaar Business Park in DubaiAvighna Group, a leading name in real estate development, has made a significant move by acquiring Building 3 of Emaar Business Park in Dubai. The deal, valued at INR 555 crore, was facilitated through its UAE-based subsidiary, Avighna Invest, and marks a milestone in the company’s global expansion journey.Situated on the prestigious Sheikh Zayed Road,...

The Dubai Real Estate Strategy 2033 eyes $272bn transaction targets and developers could turn to 3D-printing to support the ambition 3D Printing: Pioneering Dubai's Real Estate and Construction Revolution Dubai's ambitious real estate and construction goals are being propelled by cutting-edge 3D-printing technology, marking a significant shift in the industry. Aligned with the Dubai Real Estate Strategy...