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Global Football Star Neymar Jr. acquires AED 200mln Penthouse at Bugatti Residences by Binghatti in Dubai

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 real estate market sees boom

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...

Dubai Land Department introduces 4 key strategies to strengthen the real estate sector

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...

Dubai’s mid-income communities record highest rental growth as more tenants opt to renew leases

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 ‘stabilising’; Damac launches airline; NEOM management changes; UAE salary increases – 10 things you missed this week

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...

It’s time European investors capitalized on Dubai’s green investment opportunities

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...

UAE real estate: Dubai delivers 8,100 homes, Abu Dhabi’s prime areas see 25% growth in Q3 2024

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...

H&H Development launches Eden Hills—where exceptional design meets nature

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...

Dubai apartment rentals to see more than 18% surge in 2025, rental yield stabilising

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...

How are Indian investors shaping the real estate boom at Expo City Dubai?

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...

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