dubairealestatenews

Dubai’s Emaar confirms talks to sell stake in Indian unit

Dubai's Emaar reported a 30% jump in annual revenues for the first three quarters of 2024 to AED23.8bn Emaar Properties Confirms Ongoing Talks with Adani Group for Potential Stake Sale in Emaar India Emaar Properties, Dubai's leading real estate developer, has confirmed that it is in discussions with various companies in India, including the Adani Group, regarding the possible sale of a stake in its...

Price surge may moderate as Dubai set to add 72,000 housing units

Launch of the Smart Rental Index in 2025 promises to enhance transparency. Dubai Real Estate Market Eyes Stabilization in 2025 Amid Continued Growth After setting remarkable records in 2024, Dubai's real estate sector is now gearing up for a phase of stabilization in 2025. With the city’s population steadily increasing and over 72,000 residential units expected to hit the market, experts anticipate a...

Dubai real estate investors encouraged to join owners committees

Dubai real estate owners should join owners committees for their building. Dubai Property Owners Encouraged to Join Committees for Better Community Management Property owners in Dubai are being urged to take an active role in managing their residential communities by joining Owners committees, as emphasized by the Dubai Land Department. The Real Estate Regulatory Agency (RERA), a division of the Dubai...

Dubai real estate deals hit $31.7bln in Q4, up 31%

Established communities like Palm Jumeirah, Downtown Dubai, and Dubai Marina remain dominant, offering a blend of exclusivity, lifestyle appeal, and long-term value. DUBAI, UAE, Jan. 10, 2025 – Bybit, recognized as the second-largest cryptocurrency exchange globally by trading volume, has unveiled its latest weekly crypto derivatives report in collaboration with Blocks Scholes. This in-depth analysis...

Dubai residential property sales surge 31% in second half

Dubai Marina, Downtown Dubai and Palm Jumeirah have solidified their position as top areas for buying luxury apartments Residential Real Estate Sales Surge in Dubai with Record Growth in H2 2024 Dubai’s residential real estate sector witnessed a remarkable 31% year-on-year increase in sales during the second half of 2024, reaching a staggering Dh232 billion, according to a recent report. The findings,...

Why Dubai’s Real Estate Market Continues to Grow Amid Global Uncertainty

Dubai's Thriving Real Estate Market: A Global Beacon of Growth Despite global challenges, Dubai’s real estate market continues to thrive. While other regions face declining demand and slower growth, Dubai stands out, particularly in the luxury property segment. The city has become a dependable choice for individuals seeking smart and secure investments. Real estate developers play a vital role in shaping...

Dhs21 billion revenue gain for Dubai government from real estate sector in 2024

Dubai Real Estate Market Sees Remarkable Revenue Growth in 2024 The Dubai government has announced an impressive rise in revenue generated from the real estate sector in 2024. Sales in this sector saw a 20.6% increase, reaching a total of Dhs20.9 billion—equivalent to approximately Dhs1.74 billion per month. This marks a significant growth compared to 2023, where sales amounted to Dhs16 billion or about...

Dubai real estate: Ellington Properties hands over Berkeley Place in MBR City

Berkeley Place boasts 127 meticulously designed apartments, including studios, one-bedroom, and two-bedroom units. Ellington Properties Unveils Berkeley Place: A New Residential Marvel in MBR City Ellington Properties proudly announces the completion and handover of its latest residential project, Berkeley Place, located in the prestigious Mohammed Bin Rashid City (MBR City). Berkeley Place is a...

QUBE Development breaks ground in Dubai Studio City with Phase 1 of Arisha Terraces sold out

Dubai Studio City’s rental yields have risen from 7% in 2023 to 9% in nine months in 2024 Dubai, UAE – QUBE Development Breaks Ground on Arisha Terraces in Dubai Studio City QUBE Development, a globally acclaimed real estate company known for its exceptional residential and commercial projects, has officially commenced construction on its latest landmark project, Arisha Terraces, in the bustling Dubai...

Dubai real estate: High yields and strong growth attract investors in 2024

Bayut’s report reveals significant price increases across various segments, driven by high demand and strong ROI. Dubai Real Estate Market Sees Continued Growth in 2024, Highlights Bayut Report Dubai’s real estate market is on an impressive upward trend, as revealed in Bayut's latest detailed report for 2024. This report sheds light on the major developments shaping Dubai’s property sector. Key...

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