dubairealestatenews

The Dubai developer expects continued increase in rents and property prices this year amid supply shortage Deyaar Development to Launch Five New Projects Worth Dh8 Billion Amid Strong Market Demand Dubai-listed Deyaar Development is set to introduce five new real estate projects with a total value of Dh8 billion ($2.17 billion) this year, aiming for Dh4 billion in sales as demand for UAE property remains...

Ras Al Khaimah real estate market is growing faster than Dubai as investors snap up property. Ras Al Khaimah Real Estate Market Surges to Record AED 15.08bn in 2024 The real estate sector in Ras Al Khaimah witnessed an unprecedented boom in 2024, with total property transactions reaching an all-time high of AED 15.08 billion ($4.1 billion), as per figures released by the emirate’s Municipality. This...

This recognition highlights the company’s commitment to excellence in real estate advisory. Allegiance Real Estate Secures Top 5 Spot at Sobha Stars Awards 2024 Allegiance Real Estate has reached a remarkable milestone by earning a place among the Top 5 brokers at the esteemed Sobha Stars Awards 2024. This prestigious recognition, awarded by Sobha Realty, a leading developer in the UAE and the Middle...

Designed as an elite sanctuary, The Rings by PMR consists of 12 ultra-exclusive residences across two distinct buildings. Dubai’s Ultra-Luxury Real Estate Market Thrives with $32 Million Mansion Sale at The Rings Dubai’s high-end real estate sector continues its upward trajectory as PMR Property successfully records the sale of an exclusive mansion in its prestigious development, The Rings, within the...

Revenue for FY 2024 reaches $416 million, up 20.6%; Earnings per share increase 7.55% to 10.83 fils Deyaar Development Reports Strong Financial Performance in 2024 with 14.68% Profit Growth Dubai-based real estate developer Deyaar Development has unveiled its preliminary unaudited financial results for the fiscal year ending December 31, 2024, showcasing a 14.68% rise in net profit before corporate tax,...

The penthouse represents the pinnacle of opulence and sophistication, offering unparalleled panoramic views and architectural brilliance The World’s Highest Residence: A $51 Million Duplex Penthouse in Burj Khalifa Hits the Market A remarkable opportunity has surfaced in the world of ultra-luxury real estate—an exquisite 21,000-square-foot duplex penthouse in the iconic Burj Khalifa is now available...

Deyaar reports AED 505.4 mn profit before tax for 2024 Deyaar Development Announces Strong Financial Performance for 2024 Deyaar Development PJSC has unveiled its preliminary unaudited financial results for the fiscal year ending 31 December 2024. The company recorded a 14.68% growth in net profit before corporate tax, reaching $137.7 million (AED 505.4 million) in 2024, compared to $120.2 million (AED...

The market records Dh35 billion in sales across 13,019 transactions in January, posting 5% month-over-month increase from December 2024 Dubai’s Real Estate Market Starts 2025 with Strong Momentum, Signaling Investor Confidence Dubai's property sector has entered 2025 on a high note, demonstrating remarkable strength and reflecting the city's enduring appeal among investors, according to real estate...

Step Dubai 2025 Returns: MENA’s Premier Tech Event Set to Shape the Future Dubai , February 8 – Step Dubai 2025, the leading tech event in the MENA region, is making a grand return for its 13th edition on February 19-20, in collaboration with Dubai Internet City. This year’s event is set to host over 8,000 attendees, 200 speakers, and a significant USD 9 billion fund presence, solidifying its role...

The Digital Transformation of Dubai’s Real Estate Industry In recent years, Dubai’s real estate sector has seen a remarkable shift with the integration of advanced technology. Building Management Systems (BMS), which were once costly, underutilized, and dependent on external service providers, have evolved significantly. Previously, these systems operated within rigid, proprietary frameworks, limiting...