dubairealestatenews

After a major period of stabilisation in Dubai's apartment rental sector, experts say 2025 promises to be another great year for investors and house owners in Dubai, with rentals predicted to see an average jump of 18 percent for short-term leases and upwards of 13 percent for long-term leases.The continuous surge in the number of professionals from around the world moving to Dubai for work and...

Indian investors are among the top three buyers of residential and commercial real estate in Expo City, says Ahmed Al Khatib, Chief Development and Delivery Officer Expo City Dubai.In this episode of the State of Economy Podcast, businessline’s Abhishek Law speaks with Ahmed Al Khatib,Chief Development and Delivery Officer Expo City Dubai about the real estate developments in Dubai.    The podcast...

With $4 trillion of assets, sovereign-wealth funds in MENA are among the world’s largestInstitutional Investors Office Aims to Boost Dubai’s Real Estate GrowthNew Hub Set to Boost Dubai’s Real Estate Sector with Global Institutional FundsDubai –  With the GCC increasingly recognized as a premier investment destination, Dubai is leading the charge to attract international capital. Responding to the...

The multifaceted approach looks set to enhance Dubai’s attractiveness among international investorsDubai’s Real Estate Strategy 2033 is designed to grow property transactions to more than $272 billion (AED 1 trillion) within ten years. Image: ShutterstockAs a proud Emirati, I am immensely grateful for our nation’s forward-thinking leaders. The UAE has been operating at the forefront of world-class...

• The services offered by DLD on the application include property status and valuation inquiries, and property ownership certificate issuance requests. • Duaa Issam Dablan: Our commitment to enhancing services aligns with the Services 360 policy, and offering these via the Dubai Now app will help streamline and elevate user experience. • Hend Alnuaimi: Dubai Now serves as an all-encompassing...

Al Seeb Developers, a part of the Al Safeer Group, has announced the latest launch of Royal Regency Suites, an residential development valued at Dh500 million in Dubai’s Business Bay area.Positioned as a prime investment prospect, Royal Regency Suites offers prices between Dh1.18 million and Dh4.4 million, with an investor-friendly 60/40 payment plan. With an launch price of Dh1,800 per square feet, the...

DAMAC Properties – one of Dubai’s largest private developers – has launched its own luxury airline on Monday, DAMAC Air, stated an official announcement by the company on its website.The developer has been posting teasers of the upcoming airline on Instagram with information about destinations and a promotional offer to win a free trip.The website describes the new airline as redefining luxury travel...

Dubai is a developing economy showcasing promising potential, thanks to its government’s visionary leadership. The past years have seen sustained investments in infrastructure as well as regulatory improvements. And for Atif Rahman, founder and chairman of ORO24 Developments, this solid foundation is essential for robust economic growth, and for the continuing success of Dubai’s freehold real estate...

The last available statistics from Land Sterling show that Dubai’s property sector clocked more than 47,300 transactions in the third quarter of 2024 for AED 116.8 billion, approximately $31.8 billion. Transaction volume increased by a stunning 42 percent during the same period last year, while the value in terms of transactions saw an approximate 33 percent growth.This volume and value growth highlights...

Dubai: Developers in Dubai are in a rush to launch their latest projects or release more offplan units at their existing ones – but this time it’s not just about trying to meet demand.A recent report by global rating agency S&P spoke about the chances of likely price corrections in the Dubai property market at some point in the next 18 months or so, which could ‘lead to lower prices and...