dubaimarketnews

Located in Dubailand, DAMAC Islands is the sixth master development in DAMAC’s portfolio DAMAC Properties Records AED 10 Billion in Sales for DAMAC Islands Project DAMAC Properties has achieved a remarkable milestone, surpassing AED 10 billion ($2.72 billion) in sales with over 3,100 units sold in its newly launched DAMAC Islands project. The project’s November launch was accompanied by a high-impact...

Imtiaz Developments marks a significant milestone with the early delivery of Westwood Grande in JVC, while pushing forward to complete four more projects by mid-2025 Imtiaz Developments Celebrates Early Handover of Westwood Grande in JVC Imtiaz Developments, a renowned name in Dubai’s real estate sector, has proudly announced the early handover of its latest project, Westwood Grande. This 20-storey...

The deal, facilitated by Pride and Property LLC, has set the stage for an iconic tower in one of Dubai’s most coveted locations. Pride and Property LLC Facilitates AED 350 Million Landmark Deal in Dubai’s Prime Business District Dubai, UAE – Pride and Property LLC, a boutique real estate consultancy based in the UAE, has successfully closed a monumental land transaction worth approximately AED 350...

REITs can serve as a strategic hedge against equity market volatility, often performing differently during market downturns. In the booming landscape of Dubai’s property market, Real Estate Investment Trusts (REITs) continue to emerge as an accessible investment vehicle, offering small and first-time investors an entry point into the region’s real estate market. Industry experts encourage this as an...

Dubai: The Global Leader in Branded Residences and Luxury HospitalityDubai has solidified its position as a global hub for luxury real estate and hospitality, earning the title of the "Global Leader in Branded Residences." The city’s appeal lies not just in its thriving real estate market but also in its world-class infrastructure and high occupancy rates in luxury hotels, which continue to attract...

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...

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,...

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...

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...

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...