dubainews

Dubai has been ranked among the few cities in the world with accelerating property market growth.The emirate is ranked along with Bangkok, Berlin, Stockholm, Hong Kong, Jakarta, Paris and Warsaw where the growth of the property market is accelerating, according to global real estate consultancy JLL’s Global Real Estate Perspective. The emirate’s real estate has been consistently outperforming its...

While downtown properties in cities like New York or Mumbai can reach $2,500 to $3,000 per square foot, prime properties in Dubai are available for around $1,000 per square foot. “This price advantage, combined with high rental returns and a business-friendly environment, solidifies Dubai as a leading choice for real estate investment. We’re thrilled to contribute to and gain from Dubai’s dynamic...

– Dubai has launched a series of initiatives under the Dubai Economic Agenda D33, aiming to double its GDP by 2033 and strengthen its global position in tech innovation, AI, and entrepreneurship.– The Government Venture Building Program, National Tech Skills Enhancement Program, and IGNYTE platform are key projects, designed to boost innovation, train 5,000 Emirati students, and support 100,000...

The UAE government’s liberal migration policies are key to sustaining Dubai’s real estate growth story, an expert said.“Dubai’s attraction is undeniable, as entrepreneurs, investors, high-net-worth individuals (HNWIs) and Ulta-HNWIs (UHNWIs) from across the globe flock to the city. A combination of legislative reforms, long-term residency options, tax advantages, and business-friendly policies have...

Dubai’s real estate market has shattered all records in the third quarter of 2024, signalling an extraordinary boom that has the world talking. With both off-plan and ready-to-move properties at an all-time high, this marks a pivotal moment for anyone looking to invest or buy a home in one of the most dynamic cities on the planet!  The Dubai Land Department (DLD) has reported a staggering 142,826...

Lincoln Star Real Estate Development LLC, an upcoming leading name in the UAE real estate market, today announced breaking ground for their new luxury residential project in Dubai South with a targeted handover in Q4 2025.The project will offer a payment plan for investors which envisages a 72-month interest-free payment plan with monthly 1 per cent instalments. A total of 48 residential units including...

UAE: Dubai-based proptech firm Prypco has secured $10 million in a seed funding round.The round was led by Shorooq Partners, with participation from Apparel Group and a number of other undisclosed investors.The investment will be used to scale Prypco’s operations and accelerate its expansion in Dubai and the rest of the United Arab Emirates .Amira Sajwani, founder and CEO of Prypco, told Zawya: “We...

Engel & Völkers Middle East has unveiled its Q3 2024 Dubai Real Estate Market Report, highlighting significant growth in both residential and commercial sectors. The total sales for the quarter reached AED 138.8B, showcasing Dubai’s ongoing appeal to international investors.Notably, residential transactions surged by 40.8% year-on-year, contributing AED 115.6B. In contrast, the commercial sector...

The project is located in Dubai South in the proximity to Al Maktoum International AirportDubai: Lincoln Star Real Estate Development LLC, an upcoming leading name in the UAE real estate market, announced breaking ground for their new luxury residential project in Dubai South with a targeted handover in Q4 2025, the company announced in a media release.The development will have a total of 48 residential...

Masood Al Awar, CEO of Medallion Associates. PC: ZawyaStrategic initiative aligns with Dubai’s Real Estate Sector Strategy 2033 and the Dubai Economic Agenda D33.At a time when property transactions in Dubai have jumped by 32% year over year, with the sales value up by 23%, Medallion Associates has announced its Institutional Investor Desk into the real estate market of this rapidly growing emirate.In...