dubairealestate

Tech-driven Dubai real estate hits $170bn, targets global economic dominance

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, reviewed the latest developments in the Dubai Land Department’s (DLD) operations and progress towards the Dubai Real Estate Sector Strategy 2033.The strategy aligns with the vision of His Highness Sheikh Mohammed bin...

Dubai’s transformation into a premier medical tourism destination highlighted

The first day welcomed distinguished attendees, including Khalfan Belhoul, CEO of the Dubai Future Foundation, Dr. Marwan Al Mulla, CEO of the Health Regulation Sector at Dubai Health Authority; Hoor Al Khaja, Senior Vice President of International Operations at the Dubai Department of Economy and Tourism; Hessa Bint Essa Buhumaid, Director General of the Community Development Authority of the Government...

The High Stakes of Real Estate in Dubai: Big Business in a Booming Market

Dubai’s real estate market has long been a magnet for global investors, and for good reason. The city’s explosive growth, combined with its reputation for luxury living and cutting-edge infrastructure, has made it one of the world’s hottest markets for high-end real estate deals. But beyond the gleaming skyscrapers and beachfront properties, there’s a fascinating business ecosystem that powers this...

Dubai Real Estate Corporation revenues up 28%

The Dubai Real Estate Corporation (DREC) and its subsidiary, Wasl Group reported a 28 per cent growth in revenues for the first 10 months of this year compared to the same period in 2023.Wasl Group, through its innovative real estate projects, aims to support the goals of the Dubai Economic Agenda D33 to double its economy and transform the city into one of the world’s top three urban economies. The...

MAG Group Holding Announces AED 43.7 Billion Portfolio in Real Estate Projects

MAG Group Holding, a multinational conglomerate with a diversified portfolio across a number of sectors, has announced that the real estate subsidiaries have a pipeline of under development and future projects now worth AED 43.7 billion. The group has witnessed a notable milestone in its business, demonstrating how it is a firm and continuous force to be reckoned with in the UAE’s real estate sector.High...

Millionaires flock to UAE; Sharjah slashes real estate fees; Free zone offers fast-track visas; Neymar invests in Dubai property; Black Friday bargains – 10 things you missed this week

Millionaires in the UAE, real estate promotion in Sharjah, fast-track visas at new free zone, Dubai property updates and more of the top news stories this weekThe UAE is attracting millionaires from around the world as it strengthens its reputation as a hub for the super-rich. From an influx of entrepreneurs from the UK to Brazilian footballer Neymar investing in Dubai property, the trend...

Damac Properties unveils largest master community in Dubai

Nestled in the heart of Dubailand, Damac Islands offers a unique opportunity to live in a tropical-inspired haven that combines luxury living with the natural paradise of island lifeDamac Properties, UAE’s leading property developer has announced the launch of its third and largest master community - Damac Islands - unveiled this year and the sixth in its portfolio of master development projects.Nestled...

Top 10 Real Estate Companies in Dubai

Dubai is home to a burgeoning and quickly growing economy, and in recent years, the city’s real estate market has become a symbol of ambition, innovation and growth not only in Dubai but in the region more generally.Known for its stunning skyline, luxury developments and world-class infrastructure, Dubai has positioned itself as a global hub for property investment and development. As one of the most...

Dubai real estate: Al Jaddaf emerges as property investment hotspot – should you invest now? Experts weigh in

Dubai’s Al Jaddaf district offers investors attractive entry points with square foot prices down 30%, as area prepares for major transformation by 2030, experts sayAl Jaddaf is set to transform into the 'URB' Urban Technology District by 2030, with plans to create 4,000 jobs. Image: ShutterstockProperty values in Dubai’s Al Jaddaf present an attractive entry point for investors, with square foot prices...

Dubai-based family offices manage over $1 trillion in assets: report

Dubai’s financial hub is now home to family offices that control more than $1 trillion in assets, a Bloomberg report stated on Wednesday.The development comes on the back of an influx of high-net worth individuals in Dubai over the past few years, it added.“Family businesses contribute significantly to Dubai’s economy,” Arif Amiri, the chief executive officer of Dubai International Financial...

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