dubairealestatenews

Dubai-based Deyaar reports 14.68% jump in PBT to $137.6mn

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,...

World’s highest penthouse in Burj Khalifa hits Dubai market for $51m

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’s profits see a 14.68% surge in preliminary unaudited results

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...

Dubai’s realty off to strong start with Dh35b first month sales

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 to begin February 19

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...

Tech adoption rises in Dubai real estate

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...

Dubai realty market records 24% surge in value

The market registers approximately 14,238 transactions, marking a significant 23 per cent increase compared to January 2024 Dubai's Real Estate Market Surges in January 2025, Off-Plan Segment Shows Strong Momentum Dubai’s real estate sector witnessed substantial growth in January 2025, with the off-plan market leading the way, as per the latest insights from Property Finder. The market recorded around...

Dubai Property Market Sees Surge in Off-Plan Sales

Dubai’s Real Estate Boom: Off-Plan Property Sales Dominate the Market in 2024 Dubai’s real estate sector is witnessing extraordinary growth, with off-plan property sales leading the market. A recent report by Engel & Völkers Middle East indicates that off-plan transactions now make up 63% of all property sales in 2024, marking a significant rise from 54% in 2023. This shift underscores the...

Dubai real estate sales pass $12bn in January as one surprise sector leaps over 151%

The Dubai real estate sector has made a surging start to 2025 as January property sales increase 822 per cent in five years Dubai’s Real Estate Market Soars in Early 2025 with AED44.4 Billion in Property Sales Dubai's real estate sector has kicked off 2025 on a high note, recording property sales worth AED44.4 billion ($12.1 billion) in January, marking a 24.1% increase in value compared to the same...

Seqoon Launches ‘Sai Dubai’: UAE’s First AI Real Estate Assistant, Will Now Empower Developers and Brokerages

Seqoon has launched Sai Dubai, an AI-powered real estate assistant that streamlines property searches and provides market insights across the UAE. Available on mobile and web platforms, Sai offers personalized guidance for buyers, sellers, and renters while preparing to integrate with major developers and brokerages Seqoon Introduces Sai Dubai: The AI Revolution in Real Estate Dubai, United Arab Emirates...

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