dubairealestatenews

The real estate market in Dubai continues to grow at an exponential rate, driven by increasing demand as an investment destination, relaxing land ownership regulations, the increasing inflow of expats to the Emirate and convenient payment plans offered by developers.The sustained demand for real estate in Dubai, especially from domestic and international investors, is demonstrated by this upsurge in...

Annual sales transaction volumes have now surpassed 151,000 and have eclipsed 2023 year-end sales by 13.4 percent Dubai real estate prices grew by 1.73 percent in October and currently stand at AED1,473 per square foot, also setting a new record highDubai’s real estate transactions are set to grow 30 percent year-on-year by the end of 2024 as the sector continues to break records for sales, prices,...

Dubai: It’s not just offplan property launches that are booming in Dubai – there are ‘islands’ too.Coming off the project pipeline is ‘Damac Islands’, located in Dubailand and with clusters such as Dubai Investments Park and Sports City just 15- to 20 minutes away.  Now, its developer Damac has set the entry price tag for townhouses (4-bedroom units with a built-up of 2,208 square feet) from...

Emaar Properties and DWTC partner to establish a joint venture for Expo Living, a vibrant urban community in the heart of Dubai SouthEmaar Properties and Dubai World Trade Centre (DWTC) have established a joint venture to develop Expo Living, a new residential lifestyle community at Expo City Dubai. This thoughtfully designed urban community will offer a modern lifestyle for residents seeking seamless...

Sobha Realty, a global leading luxury real estate developer, is preparing to deliver theCreek Vistas Grande development in Dubai ahead of schedule.Completing the project eight months ahead of its original timeline reinforces Sobha’s growing reputation for early delivery of high-quality developments, a trend that has become a hallmark of the company’s approach.This latest milestone within the...

As Dubai’s luxury real estate market continues to defy expectations of a slowdown, experts are more confident than ever that the ongoing cycle may not be a mere bubble or a short-term trend.Buying patterns point towards “genuine end users of real estate rather than speculative investors”, stated Faisal Durrani, Partner - Head of Research, MENA at Knight Frank, the global real estate...

Developed in line with the Dubai 2040 Urban Plan, Expo Living is set to establish itself as a master community that connects residents to an innovative urban lifestyleExpo Living is located within a 5-minute walk from Expo City and the Dubai Exhibition CentreEmaar Properties and Dubai World Trade Centre (DWTC) have unveiled their new joint venture to develop Expo Living – a residential masterplan...

Fajar Realty, under Khawaja's leadership, has established itself in Dubai's real estate market, overcoming challenges and winning prestigious awards worldwide.Fajar Realty, a Dubai real estate company, has solidified its position as one of the industry leaders by clinching various prestigious awards in Dubai and worldwide.Kiran has been the inspiration for real estate professionals across the globe and has...

An investment conglomerate owned by Dubai’s ruler is weighing plans to list the commercial and residential units of its property portfolio separately in an effort harness the city’s real estate boom.Dubai Holding is considering bundling its malls and other commercial assets into an entity that may be listed, according to people familiar with the matter. It’s also working on packaging its residential...

Dubai’s rental market saw a total of 42,076 leasing transactions in October, recent data shows.According to latest figures released by Betterhomes, the real estate consultancy, while slightly down by 15 per cent year-over-year, the city’s appeal remains undiminished, with notable shifts in tenant preferences. New contracts made up 41 per cent of leases, and renewals took the lead at 59 per cent. Al...