dubairealestate

Dhs21 billion revenue gain for Dubai government from real estate sector in 2024

Dubai Real Estate Market Sees Remarkable Revenue Growth in 2024 The Dubai government has announced an impressive rise in revenue generated from the real estate sector in 2024. Sales in this sector saw a 20.6% increase, reaching a total of Dhs20.9 billion—equivalent to approximately Dhs1.74 billion per month. This marks a significant growth compared to 2023, where sales amounted to Dhs16 billion or about...

Sobha Realty gives away $41mn in employee bonuses

This initiative reflects Sobha Realty’s acknowledgment of the collective efforts driving its continued success. Sobha Realty Continues Special Bonus Program to Reward Employee Dedication Sobha Realty, a prominent global luxury real estate developer based in Dubai, has unveiled the extension of its special bonus program for employees, further emphasizing its commitment to recognizing their dedication and...

Discover the Inspiring Journey of Hussain Sajwani: The Billionaire Founder of DAMAC Properties, His Net Worth, and Ties to Donald Trump

Hussain Sajwani: A Visionary Leader in Global Real Estate Hussain Sajwani, the visionary founder and chairman of DAMAC Properties, has earned his place as a prominent leader in the global real estate industry. Recognized for reshaping Dubai’s skyline with opulent developments, Sajwani’s journey reflects ambition, determination, and remarkable strategic thinking. Rising from modest beginnings in the...

QUBE Development breaks ground on new residential project in Dubai Studio City

The company said Phase 1 of Arisha Terraces is already sold out. QUBE Development Breaks Ground on Arisha Terraces in Dubai Studio City QUBE Development, a prominent real estate developer in Dubai, has officially commenced the construction of its latest residential venture, Arisha Terraces, in the vibrant Dubai Studio City. Set for completion in 2027, Arisha Terraces will showcase 414 meticulously...

Dubai real estate: Ellington Properties hands over Berkeley Place in MBR City

Berkeley Place boasts 127 meticulously designed apartments, including studios, one-bedroom, and two-bedroom units. Ellington Properties Unveils Berkeley Place: A New Residential Marvel in MBR City Ellington Properties proudly announces the completion and handover of its latest residential project, Berkeley Place, located in the prestigious Mohammed Bin Rashid City (MBR City). Berkeley Place is a...

Exclusive: Trump’s Dubai Billionaire Pal Discusses His Promise To Invest $20 Billion Into U.S.

The U.A.E. real estate tycoon and friend of Donald Trump’s has a history of flamboyant marketing and audacious projects, but will he be able to come up with the promised $20 billion? Hussain Sajwani makes his case from Mar-a-Lago. Donald Trump and Hussain Sajwani Collaborate on $20 Billion U.S. Data Center Investment Donald Trump, the President-elect, continues to make waves with high-profile deals even...

Dubai real estate: AMIS Development completes enabling works for $115mn luxury project

The AED 425 million Dubai development, which launched in January 2024, sold out within a week. AMIS Development Completes Enabling Works at The Woodland Residences in Dubai’s Meydan District AMIS Development has officially announced the successful completion of enabling works at The Woodland Residences, an exclusive residential project situated in Dubai’s District 11, Meydan. Valued at AED 425...

Dubai real estate: What are the areas with the highest return on investment?

Affordable apartments in areas like Dubai Investments Park (DIP) and Discovery Gardens offered the highest yields . Dubai’s Real Estate Market Reaches New HeightsDubai’s property sector has achieved another remarkable milestone, setting a new record with 180,900 transactions totaling $142.1 billion. The city continues to experience a consistent rise in property prices across its sought-after...

Top nationalities driving Sobha Realty’s global appeal

A symbol of architectural brilliance and sophistication Dubai, UAE – Dubai continues to reinforce its reputation as a premier destination for global real estate investments, attracting buyers from around the world. Sobha Realty, a brand renowned for its luxury developments and innovative designs, has revealed the top nationalities investing in its diverse real estate portfolio. This highlights the...

Dubai real estate: Azizi Developments recorded $2.7bn in sales last year, 6,979 units to complete in 2025

Azizi Developments sees spike in sales in Dubai in 2024 and expects to complete 25 projects in 2025. Azizi Developments Ends 2024 with Record-breaking Success in Project Delivery and Sales Dubai’s leading real estate developer, Azizi Developments, has celebrated an extraordinary end to 2024, achieving unprecedented milestones in project completion and sales performance. As planned in 2023, the developer...

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