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...
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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...
Dubai, UAE - Dubai’s reputation as a hub for luxury real estate continues to grow, attracting global icons like Brazilian football star Neymar Jr. who recently acquired an AED 200 million high-end penthouse in the ultra-luxurious Bugatti Residences by Binghatti, the world's first and only Bugatti-branded residences.As one of Dubai’s most exclusive and highly sought after residences, Bugatti Residences...
DUBAI - The real estate market in Dubai is expected to continue its unprecedented momentum in the otherwise dull summer season with the total value of land transactions in the emirate in the past 20 days, exceeding half a billion dirham mark in the past 20 days, a record in itself.Sources at Dubai's Lands Department said the sale and purchase transactions in the past three days alone were to the tune of...
As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down.Ahead of the property market breaking yet another record in October of the highest sales transactions recorded, the Dubai Land Department has introduced four new policies aimed at growing and strengthening Dubai’s real estate market further.These...
Communities in Dubai such as Discovery Gardens, Dubai Sports City, Dubailand and Jumeirah Village Circle recorded the highest rental growth in the third quarter as tenant demand shifts towards more affordable and mid-market districts, a report has shown.Rents in Dubai increased for the 15th consecutive quarter, and by 18 per cent annually, property consultancy Cushman and Wakefield Core...
Dubai real estate forecast, Damac Air launch, NEOM management changes, Nakheel releases Palm Jebel Ali beach villas and more of the top stories this weekDubai real estate development launches, policy decisions and future trend forecasts were making headlines this week.Elsewhere, UAE companies shared plans for salary increases next year, NEOM announced major changes to its management structure, Damac...
David von Rosen is an international investor and entrepreneur. Through the VONROSEN family office, he invests in businesses worldwide with a particular focus on renewable energy, gaming, nutrition and technology. Some of his past companies include lottery platform Lottoland, property developer 25 Degrees and fashion label VONROSEN. He splits his time between Dubai and Switzerland.Dubai has traditionally...
The real estate sector in the UAE has shown impressive resilience and growth in major markets, according to Asteco’s Q3 2024 report. Ongoing growth in Abu Dhabi, positive momentum in Dubai, and rising activity in the Northern Emirates indicate a dynamic property market fuelled by strategic development, strong demand, and government initiatives supporting both residential and commercial real estate.Dubai...
Introducing 327 exceptional villas including 29 customizable plots with Phase 1 unveiling 104 meticulously selected villas in a visionary community that harmoniously blends comfort, community, and natural beauty within an intelligently designed, gated communityDubai: H&H Development, a leading Dubai-based real estate developer, investor, and asset manager announces the launch of Eden Hills, its first...