dubainews

Tower has accounted for $2.4 billion of home sales in Dubai since 2010, the highest for any single building in the city. Burj Khalifa: World’s Tallest Building Achieves AED467.1 Million in Home Sales for 2024 The iconic Burj Khalifa, renowned as the tallest building in the world, reported home sales worth an impressive AED467.1 million ($127.17 million) in 2024. This achievement reaffirms Dubai’s...

The Impact of UAE Real Estate Prices on Travel Trends The influence of UAE real estate prices on travel trends is becoming increasingly evident. Although once challenging to foresee, the connection between the two sectors now plays a vital role in shaping regional tourism dynamics. From spurring property investments to enhancing the way tourists experience destinations, rising real estate prices are...

This investment marks a pivotal milestone for Manrre and its future growth. GFH Partners Invests in Manrre REIT, Strengthening Logistics and Industrial Real Estate in the GCC GFH Partners, the global asset management arm of GFH Financial Group, based in DIFC, has announced a strategic investment in Manrre REIT. This premier Dubai-based fund specializes in institutional-grade logistics and industrial...

ZāZEN Properties to launch The Hub Residences in Al Furjan, Dubai. ZāZEN Properties Unveils The Hub Residences in Al Furjan, Dubai Dubai-based real estate developer ZāZEN Properties is set to launch its latest project, The Hub Residences, a sophisticated community designed to redefine modern urban living. A Redefined Living Experience Positioned as a contemporary lifestyle destination, The Hub...

The United Arab Emirates (UAE), firmly established as a global hub for luxury living, understands how to attract high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) to its real estate market. UAE Real Estate: Leading the Way in Luxury, Innovation, and Sustainability Dubai and the neighboring emirates continue to captivate global investors and affluent migrants, thanks to their...

Dubai Real Estate Market Surpasses AED 40 Billion in November 2024 Dubai’s real estate market continued its impressive growth trajectory in November 2024, achieving AED 40 billion in property transactions from 13,502 sales. While growth was more measured compared to previous months, the market showed resilience with a 10.5% year-on-year increase in transaction volume. These figures highlight Dubai’s...

Growing Demand for Short-Term Rentals in Dubai Among AmericansReal estate management consultancies in the UAE are experiencing a notable increase in demand for short-term rentals, with US residents emerging as a key source market. For the first time in a decade, Americans rank among the top five nationalities driving this demand.Strengthening UAE-US Relations Fuels DemandAccording to the Q3 AirDXB Dubai...

Why Dubai Real Estate is a Magnet for Global InvestorsDubai's transformation into a leading real estate investment hub is driven by multiple factors that attract international investors. Positioned as a gateway between East and West, the city’s strategic location, combined with its tax-free policies, offers a lucrative and secure market for investments. Government initiatives such as long-term residency...

Top 10 Investment-Friendly Neighborhoods in Dubai for 2025Dubai’s real estate market continues to attract international investors, thanks to its diverse communities offering high-growth potential, luxurious living options, and family-friendly amenities. With 2025 on the horizon, we’ve identified some of the most promising neighborhoods for real estate investment, each offering unique advantages for...

Dubai Stock Market Rises as Real Estate and Industrial Sectors Drive GainsDubai’s primary stock market index wrapped up the week on a positive note, closing higher on Friday, fueled by strong performances in the real estate and industrial sectors. Meanwhile, Abu Dhabi’s index saw a slight dip after two consecutive sessions of gains.The Dubai Financial Market rose by 0.4%, marking its third straight...