dubaimarketnews

Top 5 Affordable Villa Communities in Dubai for Pakistani Investors

Exploring Affordable Villa Communities in Dubai: A Guide for Pakistani InvestorsDubai's real estate market has long been a magnet for foreign investors, offering abundant opportunities and attractive returns. Recently, Pakistani investors have shown increased interest in Dubai’s dynamic property sector, driven by the demand for affordable luxury living. Among the many options available, Dubai’s villa...

This $134 million villa is the priciest property on the market in Dubai. Take a look inside.

Dubai is scrambling to build opulent mansions and apartments to accommodate a wave of rich expats.If you can find one up for sale, a luxury home in Dubai is still cheap compared with New York or London.The priciest property on the market is a $134 million coastal villa with views of the Burj Khalifa.The world's rich have a soft spot for Dubai for its prime location between the East and West,...

UAE launches $81.7 million fund to support entrepreneurs

The Cabinet also announced $1.9 million reward for government employees. The UAE Cabinet has approved the creation of the Emirates Entrepreneurship Council, alongside an impressive allocation of AED 300 million ($81.7 million) to empower and inspire young individuals to venture into entrepreneurship. Led by Alia Al Mazrouei, the council aims to foster innovation and expand opportunities for aspiring...

Bonyan REIT divests Dubai property, posts $74mln in proceeds

Asset had generated $14.64mln in rental income throughout investment period. Bonyan REIT Secures Over SAR 279.9 Million Through Dubai Property Divestment Saudi Arabia’s Bonyan REIT has successfully concluded the sale of a residential property in Dubai, earning an impressive SAR 279.9 million ($74.5 million) in total proceeds. The property, Citywalk 2B, features 69 units and was originally acquired for...

Q&A with Tatiana Tonu, Managing Director, Object 1 on real estate market in the UAE

1. A Two-Year Milestone: Object 1’s Remarkable Journey in the UAEIn just two years of operations within the UAE, Object 1 has made significant strides by focusing on Dubai’s fast-growing areas, including Jumeirah Village Circle (JVC) and Jumeirah Village Triangle (JVT). Leveraging expertise from successful ventures in Ukraine and Spain, the company has quickly risen to rank among the top three...

Dubai property firm awards $199mn contract for JLT office tower amid commercial real estate boom

The project signals growing confidence in Dubai’s commercial real estate sector, which has seen strong leasing activity and rising rents in prime locations over the past year Sweid & Sweid Announces AED 730 Million Contract with Dutco Construction for Premium JLT Office Tower Renowned real estate developer Sweid & Sweid has awarded Dutco Construction, a Dubai-based construction giant, a contract...

Dubai’s Golden Visa Program: How Indian Investors Can Benefit Through Off-Plan Purchases

Find out how off-plan property investments let Indian investors get Dubai's Golden Visa. Learn about benefits and strategies. Dubai Real Estate Market Shows Strong Growth and Resilience in November 2024 The Dubai real estate market demonstrated remarkable resilience and growth in November 2024, with average annual rent prices rising by 20.8% to AED 90,288 ($24,581.74). While there was a slight annual...

Dubai’s Real Estate Market Thrives Amid Rising Rents and Sustained Growth

Dubai Real Estate Market Shows Strong Growth and Resilience in November 2024The Dubai real estate market demonstrated remarkable resilience and growth in November 2024, with average annual rent prices rising by 20.8% to AED 90,288 ($24,581.74). While there was a slight annual decrease in rental transaction volumes, the market maintained stability due to consistent demand for high-quality rental properties....

Dubai real estate: Six Senses villa in Palm Jumeirah sold for $35m as branded property boom continues

Dubai Sotheby’s International Realty announces $35.4m sale of branded real estate villa in Palm Jumeirah. Dubai Sotheby’s International Realty Sets New Record with AED 130M Villa Sale at Six Senses Palm Jumeirah Dubai Sotheby’s International Realty has announced a landmark sale of a luxurious five-bedroom beachfront Signature Villa at Six Senses Palm Jumeirah for an impressive AED 130 million ($35.4...

Luxury homes vs Ultra-luxury homes: The differences you need to know

Gone are the days when a standard luxury home was defined by spacious layouts and high-end features such as pools and gyms. Today, the focus has shifted away from traditional amenities as new priorities emerge. Unveiling the Distinction Between Luxury and Ultra-Luxury Homes in Dubai Amina Mistry, a 35-year-old working professional, has been actively searching for her dream home for over six months....

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