dubairealestate

Dubai property developers target young professionals and the rapidly growing middle class with affordable housing amid rising rents.The Dubai real estate sector is seeing a shift towards mixed-use developments of late that combine residential, commercial, and leisure spaces amidst talks about a moderation in the market growth rate, industry experts said.Besides, affordable housing is emerging as the new...

Dubai: A new initiative to establish a sustainable charitable endowment to support the food needs of low-income families was launched in Dubai on Sunday.The Endowments and Minors’ Trust Foundation in Dubai (AWQAF Dubai), in collaboration with the Community Development Authority (CDA), launched the ‘SANED’ initiative through Dubai’s Community Contributions Platform, Jood. Proceeds from this...

AFM Properties, a UAE developer, has launched its latest project in Dubai.Bonito Residences promises to make luxury living more accessible with affordable, and features state-of-the-art amenities.Maqsood Muhammed, Founder & CEO of AFM Properties, said: “Our goal is to set new standards in Dubai's real estate market by offering innovative solutions and delivering lasting value to our clients....

The community is DAMAC’s fifth master development, and the second one launched in six months of this yearIn line with the UAE’s vision to elevate the aspirations of its people and improve citizen well-being, DAMAC Properties has launched its fifth master community, DAMAC Sun City. Situated in Dubailand, this new development promises a distinctive fusion of wellness-oriented living, nature, and...

The 50:50 joint venture will develop the six-building project next to the Dubai Exhibition Centre, which will include residential, office, and retail spaceAbu Dhabi property developer Aldar Properties has teamed up with Expo City Dubai to develop a $475m (Dhs1.75bn) mixed-use project to serve an increasingly dynamic economic ecosystem – close to Al Maktoum International Airport and the Dubai Exhibition...

Dubai's property market is seeing an unprecedented growth following golden visa initiative introduced by the government to attract HNWIs and UHNWIs who channelled $146 billion into Dubai's real estate sector so far, making it the largest offshore investment market globally.Dubai’s real estate shows no signs of slowing down as the high-net-worth individuals (HNWIs), ultra-high-net-worth individuals...

Dubai’s real estate boom is attracting the global wealthy as cash-rich investors from many parts of the world increasingly shift their focus to investing in luxury properties in the Gulf city and away from the highly volatile stock market this year, reported Arabian Business on Wednesday.The report cited industry experts that forecast more Gen Z buyers dominating investments as 2024 also sees...

These goals align with Dubai’s vision of becoming a global hub of innovation, sustainability, and advanced infrastructure, further enhancing the city’s competitive edge on the world stageDubai, UAE: His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, has approved ambitious targets for the year 2033, setting the stage for...

Off-plan or ready real estate sales? Property Finder crunches the numbers after a record $38.7bn sales quarterWith the Dubai real estate sector achieving a record quarter for transactions, a Property Finder report has crunched the numbers on whether the market is led by off-plan or ready property sales.Dubai surpassed previous records, marking the highest volume of quarterly transactions with a total of...

Dubai Land Department launches second phase of Dubai Real Estate Brokers Programme and opens registration for 1,000 new participants- In the first phase, more than 500 participants obtained the real estate broker card, while Emirati brokers successfully closed transactions worth AED 200 million.- Marwan Ahmed bin Ghalita: The programme aims not only to develop skills but also to create an integrated...