dubainews

Directly.xyz is an innovative platform that enables purchasing real estate in Dubai using cryptocurrency by partnering directly with developers to offer low prices on high-quality properties.The real estate market stands as one of the largest industries worldwide and is one of the deep rooted avenues for wealth-building.Having reached an impressive value of $3.9 trillion in 2023, the global real estate...

Dubai Customs will roll out a new digital platform allowing warehouse owners in the UAE to list their properties for leasing.Termed 'Airbnb of warehouses', the Warehouse Platform – which was showcased at Gitex Global 2024 – will be rolled out soon by Dubai Customs and will be a one-stop solution for warehouse owners to lease their properties across the country.The platform will simplify the process of...

Mered, a leading international real estate developer, has announced the appointment of Michael Belton as its new Chief Executive Officer (CEO).In his new role, Michael will focus on expanding the company’s portfolio in the UAE, including the development of the ICONIC Tower and Large-scale Abu Dhabi project on Al Reem Island.He is also tasked with growing the Mered team to support future growth across the...

Dubai’s growth is supported by a real estate pipeline expected to see 90,000 new homes enter market in next two yearsThe Dubai real estate sector is heading for another peak in 2024 and property sector growth is set to continue over the next two years, with a record 90,000 new homes set to enter the market.Figures released by fäm Properties underline the market’s capacity to keep pace with demand,...

The Dubai real estate sector recorded AED17.528bn ($4.8bn) of transactions last week, according to data from the Land Department. Sales dominated the figures, with AED14.14bn ($3.9bn), according to Land Department data.In total there were 4,475 sales transactions recorded between October 14 and October 18. Dubai real estate this weekAmong the top listed sales transactions listed on the Land...

Primedale Real Estate has announced record profits for 2024, marking a major milestone in the company's success. Along with this achievement, the company has unveiled ambitious plans to strengthen its position in the real estate market, signaling even bigger moves ahead.In 2024, Primedale Real Estate experienced an exceptional financial year, with profits reaching an all-time high, driven by strong...

Dubai recorded an 11.19 percent increase in total sales transaction volume compared to Q2 2024 Dubai Hills Estate has continued to reign as the premier destination for luxury villas, with an impressive average sales price of AED17.16 millionDubai’s real estate market continues to be shaped by several factors including the rise in prices, increase in demand, and evolving preferences of buyers and...

The 13th edition of The International Real Estate and Investment Show (IREIS) in conjunction with the Residency and Citizenship Expo will be held from October 18 to 19 at Beach Rotana Hotel Abu Dhabi. The exhibition is a one-stop shop for real estate investment in the UAE, Europe and around the World. The key features of the exhibition would be real estate investment for a Golden Visa and new residency in...

There's a lot you can buy for $34 million. In different parts of the world, you can buy fabulous castles, super villas by the beach or magnificent properties for miles. You can buy many sports cars such as, Lamborghini or Rolls-Royce Phantoms. You can even make a private plane for yourself.But, in Dubai, you can buy a pile of sand, reports cnn. Okay, not just a pile of sand. The sand in question is an...

In an interview with Zawya Projects, the company’s Chairman Mustafa Al Kaissi shared insights on their strategy and upcoming projects in Dubai in Business Bay and Al Jaddaf.Building upon its 15 years of experience in the UAE’s real estate sector, KASCO Group recently announced its strategic entry into property development with a project portfolio valued at AED 1.2 billion ($327 million).Mustafa Al...