dubaimarketnews

Vitalia Palm Jumeirah Residences is a luxurious waterfront development located on the iconic shores of Palm JumeirahIn a stunning showcase of architecture and luxury living, Pinnacle Developers has partnered with Devmark, the UAE’s premier real estate project sales and marketing consultancy, to proudly launch Vitalia Palm Jumeirah Residences, an exclusive waterfront development on the prestigious...

Sean McCauley, chief executive of property consultancy Devmark, says investing in his business has been the best decisionAs the chief executive of Devmark, a Dubai-based property consultancy, it is only fitting that Sean McCauley grows his wealth through real estate investments.Originally from South Africa, his passion for real estate began early, inspired by accompanying his mother on open house...

The International Financial Centre in Dubai has promulgated crucial changes to its legal procedure, particularly the alterations made in regard to its mortgage registration process and the period of registration of off-plan property sales. These new regulations for new mortgage fee were issued on November 14, 2024, but came into force on November 21, 2024.One new requirement involves a new mortgage...

MAG Group Holding, a multinational conglomerate with a diversified portfolio across a number of sectors, has announced that the real estate subsidiaries have a pipeline of under development and future projects now worth AED 43.7 billion. The group has witnessed a notable milestone in its business, demonstrating how it is a firm and continuous force to be reckoned with in the UAE’s real estate sector.High...

Millionaires in the UAE, real estate promotion in Sharjah, fast-track visas at new free zone, Dubai property updates and more of the top news stories this weekThe UAE is attracting millionaires from around the world as it strengthens its reputation as a hub for the super-rich. From an influx of entrepreneurs from the UK to Brazilian footballer Neymar investing in Dubai property, the trend...

Nestled in the heart of Dubailand, Damac Islands offers a unique opportunity to live in a tropical-inspired haven that combines luxury living with the natural paradise of island lifeDamac Properties, UAE’s leading property developer has announced the launch of its third and largest master community - Damac Islands - unveiled this year and the sixth in its portfolio of master development projects.Nestled...

Dubai is home to a burgeoning and quickly growing economy, and in recent years, the city’s real estate market has become a symbol of ambition, innovation and growth not only in Dubai but in the region more generally.Known for its stunning skyline, luxury developments and world-class infrastructure, Dubai has positioned itself as a global hub for property investment and development. As one of the most...

Dubai’s Al Jaddaf district offers investors attractive entry points with square foot prices down 30%, as area prepares for major transformation by 2030, experts sayAl Jaddaf is set to transform into the 'URB' Urban Technology District by 2030, with plans to create 4,000 jobs. Image: ShutterstockProperty values in Dubai’s Al Jaddaf present an attractive entry point for investors, with square foot prices...

Dubai’s financial hub is now home to family offices that control more than $1 trillion in assets, a Bloomberg report stated on Wednesday.The development comes on the back of an influx of high-net worth individuals in Dubai over the past few years, it added.“Family businesses contribute significantly to Dubai’s economy,” Arif Amiri, the chief executive officer of Dubai International Financial...

The real estate market in Dubai continues to grow at an exponential rate, driven by increasing demand as an investment destination, relaxing land ownership regulations, the increasing inflow of expats to the Emirate and convenient payment plans offered by developers.The sustained demand for real estate in Dubai, especially from domestic and international investors, is demonstrated by this upsurge in...