dubainews

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...

In recent years, the global focus on luxury real estate has impacted the urban dynamics in many cities. High-end developments brought higher land prices, higher construction costs, and higher prices for housing in addition to increasing gentrification.While such schemes may offer economic growth and possible improvement of the infrastructure that often comes with it, they can also bring significant...

Binghatti Skyrise development sells 50 percent of units within 24 hours of launchThe $1.4bn Binghatti Skyrise development in Dubai sold 50 per cent of its units sold within 24 hours of launching.The unveiling event, held at The Meydan Hotel’s Sky Bubble on October 30, attracted more than 5,000 guests, including prominent investors and high-net-worth individuals from the region.Binghatti revealed the...

The latest Royal Institution of Chartered Surveyors’ (RICS) Global Commercial Property Monitor found the UAE continuing to post some of the most elevated results across all nations covered in the monitor, with recent robust impetus showing little sign of easing.Overall occupier demand remained in firm growth territory, recording a +57% result (net aggregate sentiment), with offices leading the pack at...

Dubai’s real estate market is witnessing a remarkable surge in land and plot prices, driven largely by booming off plan sales. This is creating new opportunities for investors, but they must be alert in order to capitalise.The off-plan market, which now accounts for approximately 55 per cent of Dubai’s total real estate transactions, has experienced steady growth over the past few years, and currently...

Dubai Land Department launched the Real Estate Sector Strategy 2033 on Tuesday, targeting doubling the sector’s GDP contribution to AED73 billion and pushing the market value to AED 1 trillion, according to a report in Emirates News Agency (WAM)*.The strategy outlined a focused roadmap to elevate the sector’s economic impact on the emirate by “significantly increasing transaction volumes and...