dubainews

• The services offered by DLD on the application include property status and valuation inquiries, and property ownership certificate issuance requests. • Duaa Issam Dablan: Our commitment to enhancing services aligns with the Services 360 policy, and offering these via the Dubai Now app will help streamline and elevate user experience. • Hend Alnuaimi: Dubai Now serves as an all-encompassing...

Al Seeb Developers, a part of the Al Safeer Group, has announced the latest launch of Royal Regency Suites, an residential development valued at Dh500 million in Dubai’s Business Bay area.Positioned as a prime investment prospect, Royal Regency Suites offers prices between Dh1.18 million and Dh4.4 million, with an investor-friendly 60/40 payment plan. With an launch price of Dh1,800 per square feet, the...

Emaar Development, a leading UAE property developer and subsidiary of Emaar Properties has reported robust growth for the third quarter of 2024. The company’s property sales soared by 66% in the first nine months of 2024, reaching AED 48 billion ($13.1 billion), up from AED 28.9 billion ($7.9 billion) during the same period in 2023. Emaar attributes this impressive growth to the launch of 50 new projects...

Dubai’s real estate market grows rapidly, with 20,000 new units by late 2024. 3DXB Group leverages 3D printing for efficient, sustainable construction.DUBAI, UAE – Dubai’s real estate market continues to experience robust growth, with 20,000 new housing units expected to be delivered in the second half of 2024. In the first half of the year, real estate transactions reached AED346 billion ($94.2...

Dubai is a developing economy showcasing promising potential, thanks to its government’s visionary leadership. The past years have seen sustained investments in infrastructure as well as regulatory improvements. And for Atif Rahman, founder and chairman of ORO24 Developments, this solid foundation is essential for robust economic growth, and for the continuing success of Dubai’s freehold real estate...

The last available statistics from Land Sterling show that Dubai’s property sector clocked more than 47,300 transactions in the third quarter of 2024 for AED 116.8 billion, approximately $31.8 billion. Transaction volume increased by a stunning 42 percent during the same period last year, while the value in terms of transactions saw an approximate 33 percent growth.This volume and value growth highlights...

Dubai: Developers in Dubai are in a rush to launch their latest projects or release more offplan units at their existing ones – but this time it’s not just about trying to meet demand.A recent report by global rating agency S&P spoke about the chances of likely price corrections in the Dubai property market at some point in the next 18 months or so, which could ‘lead to lower prices and...

The Dubai real estate market has set a new milestone, with AED 61.5 billion ($16.7 billion) in transactions recorded in October, marking a 56% increase over the same period in 2023. This surge in activity represents the highest monthly transaction value ever recorded in the city, supported by 20,670 transactions—a significant 71% increase from October of last year, according to Property Finder.Rising...

UAE strategies for transport, investment and real estate, Qatar tourism, Bahrain Golden Visas and more of the biggest stories this weekThe UAE has announced strategies for investment, transport, savings and education in the past week as it looks to outline an environment for growth in the region.Elsewhere Bahrain has given an update on its Golden Visa scheme, Qatar is welcoming tourists from across the GCC...

Dubai real estate sector carried to a record transaction performance by remarkable off-plan sectorThe Dubai real estate sector recorded a record month in October with AED61.5bn ($16.7bn) of transactions, an impressive 56 percent up on the previous year, according to Property Finder.It represents the highest values ever recorded for a month and came from 20,670 transactions, up 71 per cent on October...