dubainews

Annual sales transaction volumes have now surpassed 151,000 and have eclipsed 2023 year-end sales by 13.4 percent Dubai real estate prices grew by 1.73 percent in October and currently stand at AED1,473 per square foot, also setting a new record highDubai’s real estate transactions are set to grow 30 percent year-on-year by the end of 2024 as the sector continues to break records for sales, prices,...

As the Dubai real estate sector break records in October it is set to end the year on a highDubai real estate transactions are set to grow 30 per cent year-on-year by the end of 2024 as the sector continues to break all records for sales, prices, mortgages and launches, according Property Monitor’s October 2024 reportThe Property Monitor research shows four records were broken last month:Prices per...

Dubai: It’s not just offplan property launches that are booming in Dubai – there are ‘islands’ too.Coming off the project pipeline is ‘Damac Islands’, located in Dubailand and with clusters such as Dubai Investments Park and Sports City just 15- to 20 minutes away.  Now, its developer Damac has set the entry price tag for townhouses (4-bedroom units with a built-up of 2,208 square feet) from...

(Nov 19): An investment conglomerate owned by Dubai’s ruler is weighing plans to list the commercial and residential units of its property portfolio separately, in an effort to harness the city’s real estate boom.Dubai Holding is considering bundling its malls and other commercial assets into an entity that may be listed, according to people familiar with the matter. It’s also working on packaging...

As Dubai’s luxury real estate market continues to defy expectations of a slowdown, experts are more confident than ever that the ongoing cycle may not be a mere bubble or a short-term trend.Buying patterns point towards “genuine end users of real estate rather than speculative investors”, stated Faisal Durrani, Partner - Head of Research, MENA at Knight Frank, the global real estate...

To meet the growing demand, leading developers are currently prioritising launching strategic off-plan projects that promise quality and accessibilityDubai’s population is expected to grow from 3.3 million to 7.8 million by 2040, underscoring the need for expanded housing options. Dubai’s residential real estate market is predicted to see a massive demand spike for mid-income housing, with buyer...

Developed in line with the Dubai 2040 Urban Plan, Expo Living is set to establish itself as a master community that connects residents to an innovative urban lifestyleExpo Living is located within a 5-minute walk from Expo City and the Dubai Exhibition CentreEmaar Properties and Dubai World Trade Centre (DWTC) have unveiled their new joint venture to develop Expo Living – a residential masterplan...

Fajar Realty, under Khawaja's leadership, has established itself in Dubai's real estate market, overcoming challenges and winning prestigious awards worldwide.Fajar Realty, a Dubai real estate company, has solidified its position as one of the industry leaders by clinching various prestigious awards in Dubai and worldwide.Kiran has been the inspiration for real estate professionals across the globe and has...

An investment conglomerate owned by Dubai’s ruler is weighing plans to list the commercial and residential units of its property portfolio separately in an effort harness the city’s real estate boom.Dubai Holding is considering bundling its malls and other commercial assets into an entity that may be listed, according to people familiar with the matter. It’s also working on packaging its residential...

The improvements are expected to increase capacity by 50 percent to 80 percent upon completionDubai’s Roads and Transport Authority upgrades traffic at locations within the Al Safa 1 Schools ComplexDubai’s Roads and Transport Authority (RTA) has announced a significant infrastructure project to enhance access points for four residential neighborhoods, aimed at improving entry and exit journey times by...