dubainews

Dubai real estate is likely to well surpass AED 500 billion in sales by the end of 2024 after recording a historic October that boosted year-to-date figures. The total sales for 2024 already reached AED435.6 billion up to the end of October through 150,651 transactions, thereby breaking through the previous record of AED409.8 billion posted by 132,628 transactions at the close of 2023.The sheer AED 500...

Over 23,700 transactions completed in October, up 13% month-on-month, reflecting robust market activityOff-plan sales account for nearly 60% of transactions, with strong investor demand in Dubai Hills Estate and Business BayRental values up 16% year-on-year, driven by sustained demand in high-demand residential areas across DubaiDubai, UAE — Dubai’s real estate sector has reached unprecedented heights...

An aerial view of Dubai Marina. In October 2024, the existing market recorded the highest volume and value of transactions ever, touching 7,140 transactions. — File photoOctober was an outstanding month for Dubai’s real estate, with the highest values being recorded for a month ever. A total of 20,670 transactions were recorded, leading to a 71 per cent increase compared to October 2023. The value of...

Dubai Grade A office rents up by an average of 25 per cent, with one neighbourhood seeing 44 per cent hikesDubai’s commercial office market is reaching new heights, with unprecedented demand driving occupancy rates and rental growth across prime business districts, according to the Savills Q3 2024 Dubai Office Market report. Driven by a substantial rise in new business registrations and expansion...

DUBAI, UAE / ACCESSWIRE / November 6, 2024 / MNA Ventures, a global player in business and technology investments, is proud to hold an event in late November 2024, to celebrate 20 years of growth, innovation, and success. Since its founding, MNA Ventures has become a cornerstone in facilitating business operations and making it possible for its clients to develop and grow across borders, clearing their...

The Dubai-based leading real estate development management company Octa Properties aims to add 14 new branded projects under management in Dubai by June 2025, with a total value of more than Dh9 billion.This comes as branded residences and luxury projects take centre stage in the emirate's real estate development landscape. Launching branded residences is now gaining currency in the northern emirate of Ras...

Dubai, UAE: Reef Luxury Developments – a pioneer in innovative real estate solutions – has announced the launch of REEF 1000, a transformative boutique project featuring 125 unique homes located in the Dubai Land Residential Complex. The residential properties at this new development boast patented, integrated climate-controlled sunken gardens – a one-of-a-kind in Dubai and the world – providing...

Join Whitewood Real Estate Exclusive Dubai Property Expo in Hyderabad on November 23rd and 24th at The Park Hyderabad Hotel. Explore premier investment opportunities in Dubai's thriving real estate market! Explore a wide range of property options—from luxury waterfront apartments and spacious villas to commercial spaces in prime Dubai locations at Dubai Property Expo in Hyderabad. Hyderabad: Whitewood...

The Real Estate Regulatory Authority (Rera) at the Dubai Land Department (DLD) has announced the launch of a smart application for real estate valuators called 'Taqyimee'.The launch was attended by Sultan Butti bin Mejren, director-general of DLD; Marwan bin Ghalita, CEO of Rera.Bin Ghalita affirmed that the Executive Council Resolution No. 37 of 2015 regulates all aspects of the real estate appraisal...

Many landlords are becoming flexible in terms of payment from tenants and are also issuing fewer eviction notices, say industry executives.“With demand at an all-time high and rental prices continuing to increase steadily, many landlords are offering more flexible payment terms,” said Lewis Allsopp, chairman of Allsopp & Allsopp.Rental demand in Dubai is increasing rapidly, with over 140,000 new...