dubairealestatenews

Dubai: Sobha Realty to deliver Creek Vistas Grande ahead of schedule

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...

Why Dubai’s current real estate boom is here to stay

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...

Dubai real estate: Emaar Properties, DWTC unveil an all-new landmark residential masterplan – Expo Living

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: The benchmark of excellence in Dubai real estate

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...

Bloomberg: Dubai Ruler’s Firm Said to Dubai Ruler’s Firm Considers Two Real-Estate Listings in 2025

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 rentals data shows demand continuing to stay strong

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...

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...

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