dubaimarketnews

Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance.  This week, we look at Dubai’s position as a financial center, US-UAE talks on artificial intelligence and examine why many expats are considering a move to...

Emaar South offers diverse residential options and amenities near Al Maktoum International Airport and Expo City Dubai, aligning with Sheikh Mohammed bin Rashid Al Maktoum’s vision for the city’s future growthEmaar South is strategically positioned near Al Maktoum International Airport and Expo City Dubai, placing it at the heart of Dubai's future growth corridor. Image: SuppliedEmaar Properties, one...

One of world’s best-known brokers, and ‘Owning Manhattan’ star, to share property secrets with agentsDubai, UAE: Real estate mogul and reality TV star, Ryan Serhant, is taking to the stage in Dubai to help guide brokers on how to succeed in the emirate’s ever-evolving property market. Serhant, who’s reality show ‘Owning Manhattan’ premiered on Netflix in June, will reveal secrets behind...

Amid the dynamic and competitive landscape of Dubai's real estate market, Charazed Ramzan is emerging as a groundbreaking leader.As the CEO and Founder of Aranax Real Estate, she has turned her visionary ideas into a thriving enterprise, showcasing resilience and tenacity in an industry historically led by men.A Fearless StartAt just 20 years old, Charazed launched Aranax Real Estate, embarking on an...

ONE Investments partners with DAMAC to up the ante of the global real estate market, offering lucrative returns for property investors seeking exclusive Dubai properties.DUBAI, UNITED ARAB EMIRATES - September 27, 2024 —In a significant move within the real estate sector, DAMAC Properties, a leading global property developer, has announced an exclusive partnership with ONE Investments, a leading real...

Off-plan sales have been going up since the beginning of the year 2024. According to QUBE Development, the real estate market in the UAE is expected to reach AED 2.5 trillion, or $681 billion, by the end of this year due to the strong off-plan property market. This market has become a prevalent market and accounted for 65 per cent of total real estate deals last August.The off-plan sales market, wherein...

UAE real estate sector driven by off-plan market as investors seek value from property pipelineThe UAE real estate market is anticipated to reach a value of AED2.5tn ($681bn) by the end of 2024, according to QUBE Development. The growing surge is due to various factors with the off-plan market being the major contributor and responsible for 65 per cent of overall sales transactions for the month of...

Gift Solomon left her home in Nigeria to find better prospects in the UAE and she now heads a company worth over Dh15 million.When Gift Solomon arrived in Dubai in 2015, she was a 23-year-old with dreams of making it big in Dubai, a city known for opportunities. Like many who seek greener pastures, Solomon left her home in Nigeria to find better prospects in the UAE. But the journey wasn’t as easy as she...

Keyper introduces rent-now-pay-later Dubai real estate service to spread cost of renting property in the UAE.A Dubai real estate firm has announced a rent-now-pay-later (RNPL) service as it looks to transform the property rental market in the UAE. Keyper said the RNPL Marketplace gives tenants the option to pay rent in 12 monthly instalments instead of upfront for the year.The marketplace curates a...

The consistent rise in rentals over the past three years has boosted property owners’ incomeProperty owners in Dubai on average earn over Dh13,000 or 41 per cent more than tenants, reflecting a significant difference in income, according to a new study.Released by real estate consultancy Betterhomes, 'The Future Living: The Dubai 2024 Edition' showed tenants’ average income is Dh32,303 while property...