dubairealestatenews

Tenants are increasingly shifting to ownership due to a surge in rental rates amidst a big increase in population. Dubai’s Housing Market Sees Significant Drop in Listings as More Buyers Enter the Market The availability of homes for sale in Dubai has dropped by 30% in 2024, with the prime market witnessing an even steeper decline of over 50%. This shift comes as more end-users invest in properties to...

The island has set a new benchmark for luxury real estate. Jumeira Bay Island Sets New Luxury Real Estate Record with Dh330 Million Villa Sale Dubai’s prestigious Jumeira Bay Island has once again redefined ultra-luxury real estate with the sale of a lavish six-bedroom villa for an astounding Dh330 million. This landmark transaction reinforces the island’s status as a premier destination for...

Women's Day Special: Olga Pankina, Chief Operating Officer at Whitewill Dubai shares insights on Dubai's luxury real estate boom. Dubai's Luxury Real Estate Market Booms Amidst Growing Global Interest Dubai's high-end real estate sector is experiencing an extraordinary rise in demand, fueled by a combination of strategic policies and evolving global economic conditions. A major driver behind this surge is...

The six-bedroom Dubai villa, located on one of three exclusive plots at the island’s tip, offers uninterrupted views of the Burj Khalifa and Downtown skyline. Dubai Sotheby’s International Realty Breaks Record with AED330 Million Villa Sale on Jumeirah Bay Island Dubai Sotheby’s International Realty has redefined the UAE’s luxury property market with the sale of a villa on Jumeirah Bay Island for...

Indians Lead Dubai’s Real Estate Market in 2024; Pakistan Climbs to Fifth Spot Indian investors have once again topped the list of Dubai’s real estate buyers in 2024, with Pakistan securing the fifth position, rising from seventh place, as per a recent report from property consultancy Better Homes. Dubai’s property market is projected to experience a 5-8% annual price increase in 2025, with luxury...

Mierage Realty, The gathering brought together key industry figures, partners, and clients, Mierage Realty: A New Force in Dubai’s Real Estate, Design, and Branding Landscape Mierage Realty, a recently launched company in Downtown Dubai, is already establishing itself as a dynamic presence in real estate, renovation, interior design, and branding. Dedicated to delivering comprehensive solutions, the...

The Dubai real estate sector saw $5.2bn of transactions and 4,477 sales last week Dubai’s Real Estate Market Records AED19bn in Transactions Last Week The Dubai real estate market saw a total of AED19 billion ($5.2 billion) in transactions last week, as per data released by the Land Department. Sales transactions accounted for the majority, reaching AED13.53 billion ($3.7 billion), according to the...

Sugee Group launches maiden UAE project in Al Marjan Island, Ras Al Khaimah The UAE stands as one of the world’s most dynamic markets for the luxury sector, particularly in real estate and experiential domains. The demand for high-end residential developments in both Dubai and Ras Al Khaimah continues to surge, fueled by the nation’s strong economic landscape, investor-friendly policies, and an influx...

Dubai Property Prices Surge by 27% in January 2025, Driven by Strong Demand Dubai’s real estate market continues its upward trajectory, with property prices soaring by 27% year-on-year as of January 2025. Villas experienced a significant increase of 31.2%, while apartments also saw notable growth. This price surge reflects the ongoing strong demand and a tight supply, a trend that has persisted in...

OMNIYAT Launches OMNIYAT Bespoke: A New Global Real Estate Category Empowering UHNWIs to Craft One-of-One Creations Tailored to Their Aspirations DUBAI, United Arab Emirates – OMNIYAT, the pioneering lifestyle brand catering to ultra-high-net-worth individuals, is reshaping the landscape of ultra-luxury living with the introduction of an innovative concept: OMNIYAT Bespoke. This exclusive category...