dubaimarketnews

Affordable Housing Gains Traction In Dubai

The Rise of Mid-Income Housing: Shaping Dubai's Future Property MarketDubai is witnessing a rapid surge in population, driven by a growing influx of local residents and international professionals. According to the Dubai 2040 Urban Master Plan, the city’s population is expected to nearly double, rising from 3.3 million to 7.7 million by 2040. This remarkable growth is fueling a high demand for diverse...

Arabian Hills Real Estate launches Phase II of its $6 billion flagship project

Arabian Hills Real Estate Development Launches Phase II of AED 22 Billion Residential MasterpieceIn a groundbreaking move for Dubai’s real estate market, Arabian Hills Real Estate Development has unveiled Phase II of its flagship project, Arabian Hills Estate, a luxurious residential community valued at AED 22 billion ($6 billion). Spanning an impressive 244 million square feet, this expansive...

Dubai emerges as the global real estate standout against London and New York

Why Dubai's Real Estate Market is the Ultimate Investment DestinationDubai, UAE – At just $438 per square foot on average, Dubai’s property market offers unmatched value compared to global cities like London and New York. Despite its iconic reputation for luxury and cutting-edge amenities, Dubai remains surprisingly accessible, attracting a diverse pool of buyers. Investors can tap into a market that...

Dubai Real Estate: Property Rentals Set to Surge 18% in 2025

Dubai's Rental Market: A 2025 ForecastThe year 2025 is an exceptional year for Dubai investors and homeowners. Business executives expect that rentals in the city will rise by 18% for short-term and long-term leases, and up to 13% for long-term leases. This boost in efficiency is being stimulated by a large number of experts, rising property prices, and the launch of modern technology.A Booming Rental...

Interest in Dubai’s off-plan market soars as DHG Properties capitalises on quality and community-centric living

Dubai, UAE – DHG Properties, a Swiss real estate developer with over three decades of expertise, states that Dubai’s real estate market continues its robust growth with total transactions reaching AED 1.57 billion over the past month. In a market where off-plan properties represent an increasingly vital share, DHG’s Helvetia Residences stands as a model of quality, blending European design precision...

Dubai real estate: Buyers split budget to acquire more units for self-use, rentals

The current shift to affordable housing options in Dubai’s residential real estate is taking interesting turns, with buyers with substantial budgets are seen splitting them to acquire two properties rather than one – one for self-use and the other for renting out, industry insiders said.This dual-property strategy is also reshaping Dubai’s rental market, with apartments in less central areas such as...

Emirates.Estate, a Real Estate Aggregator for Investors, has launched in the UAE

DUBAI, United Arab Emirates, November 26, 2024 (EZ Newswire) -- A new platform, Emirates.Estate, has been introduced in the UAE, designed to provide investors with comprehensive property details, market analysis, and the ability to close lucrative deals efficiently.Emirates.Estate offers powerful tools for searching for residential and commercial properties across the United Arab Emirates (UAE). The...

Inspiring rise of women in Dubai’s real estate industry

When I first entered the real estate industry in Dubai 12 years ago, the gender gap was glaringly apparent. As a real estate agent at the time, I often found myself as the only woman in the room during meetings and negotiations. However, over the years, I've witnessed a remarkable transformation. Today, women are not just participating in the real estate sector; they are thriving and leading it.In 2022,...

Global real estate leaders to convene in Dubai for global event in December

Backed by nine international industry associations, the World Realty Congress is set to be the largest gathering of its kind in the regionThe Real Estate Strategy 2033 is designed to grow property transactions to more than $272 billion (AED 1 trillion) within ten years. Dubai will host the ‘World Realty Congress & Awards 2024’ next month, which will bring together global leaders in real...

Sheikh Hamdan reviews operations of Dubai Land Department, developments in real estate sector

DUBAI: H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, today reviewed the operations of the Dubai Land Department (DLD).H.H. Sheikh Hamdan bin Mohammed also reviewed the progress made towards achieving the objectives of the Dubai Real Estate Sector Strategy 2033, aimed at...

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