dubainews

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...

Dubai’s rental market saw a total of 42,076 leasing transactions in October, recent data shows.According to latest figures released by Betterhomes, the real estate consultancy, while slightly down by 15 per cent year-over-year, the city’s appeal remains undiminished, with notable shifts in tenant preferences. New contracts made up 41 per cent of leases, and renewals took the lead at 59 per cent. Al...

Fine & Country has taken a significant step in its global expansion by signing a master license agreement for Dubai.The master license has been acquired by husband-and-wife team Michael and Agnes Heming.They have already signed two sub-licensees, Tillmann Kloss, who will be focusing on off-plan sales and Asem Bizrah, who will run Fine & Country Dubai Palm Jumeirah.Michael said: “We have been...

Dubai, UAE - Dubai’s reputation as a hub for luxury real estate continues to grow, attracting global icons like Brazilian football star Neymar Jr. who recently acquired an AED 200 million high-end penthouse in the ultra-luxurious Bugatti Residences by Binghatti, the world's first and only Bugatti-branded residences.As one of Dubai’s most exclusive and highly sought after residences, Bugatti Residences...

Communities in Dubai such as Discovery Gardens, Dubai Sports City, Dubailand and Jumeirah Village Circle recorded the highest rental growth in the third quarter as tenant demand shifts towards more affordable and mid-market districts, a report has shown.Rents in Dubai increased for the 15th consecutive quarter, and by 18 per cent annually, property consultancy Cushman and Wakefield Core...