Luxury

Dubai real estate: Villas drive 11.62 percent residential property price surge in 2024

Commercial property prices rose 13.19 percent annually in 2024, driven by growing demand for office and retail spaces Dubai’s Real Estate Sector Continues Strong Growth Momentum in 2024 Amid Dubai’s ongoing economic development, the real estate industry continues to lead the charge. In 2024, residential property prices saw an annual increase of 11.62 percent, underlining the strong appetite for villas...

Dubai real estate: Office rents surge over 20 percent as occupancy rates climb

More than 100,000 sqm of new offices will be handed over, with pre-leasing activities further limiting ready supply Dubai's real estate market continues to experience robust growth, particularly in the office sector, where demand from both existing and new occupiers remains exceptionally strong. However, a persistent shortage of high-quality office spaces in prime free zones and central areas is exerting...

UAE real estate to thrive despite global economic tensions as Dubai and Abu Dhabi market momentum continues in Q1 2025

CBRE report highlights strong start to the year for Dubai and Abu Dhabi real estate markets. In the first quarter of 2025, Dubai and Abu Dhabi's real estate markets demonstrated significant resilience and growth, despite global economic headwinds such as trade tensions and declining oil prices. CBRE Middle East's UAE Real Estate Market Review for Q1 2025 highlights the robust performance of these markets,...

Dubai real estate enters a new growth phase as market nears pre-2008 highs

Developers such LEOS Development respond to market growth with diversified, sustainability-led projects across emerging districts for 2025 and beyond. Dubai, United Arab Emirates – As Dubai’s real estate sector climbs back toward the highs seen before 2008, developers are shifting their focus in 2025 toward a more deliberate, strategic style of growth instead of rapid expansion. Over the past 18...

Tomorrow World Properties announces entry into the UAE market with major development plans

The company aims to contribute to Dubai’s ambition to serve as a global benchmark for next-generation, lifestyle-led urban environments. Tomorrow World Properties Expands into UAE with Dubai Headquarters and Debut Project on Dubai Islands Dubai, UAE – Global property developer Tomorrow World Properties has officially launched its presence in the United Arab Emirates, setting up its regional...

Dubai registers jump in $10m home sales in first quarter on influx of ultra-rich

Palm Jumeirah remained the top destination, Dubai Achieves Record-Breaking Q1 with 111 Luxury Home Sales Over $10 Million in 2025 Dubai saw a total of 111 property transactions exceeding $10 million during the first quarter of 2025, showcasing continued strength in the emirate’s high-end residential sector amid a steady influx of ultra-wealthy buyers. This figure represents the highest first-quarter...

The boom in the luxury real estate market in Dubai has reached a new record: sales have increased by 5.7%

In the first quarter of 2025, 111 luxury homes worth $1.9 billion were sold in Dubai. Analysts fear that global instability may affect the market. Dubai Luxury Real Estate Market Sees Continued Growth in Q1 2025 Dubai’s luxury real estate market experienced continued momentum during the first quarter of 2025, with high-net-worth buyers once again dominating transactions for homes priced above $10...

Prime Evergreen Property Appoints Maria Mohsin as Managing Director to Drive Strategic Growth and International Expansion

Dubai, UAE – April 22, 2025 – Prime Evergreen Property, one of Dubai’s fast-rising real estate brokerages, is pleased to announce the official appointment of Maria Mohsin as Managing Director, effective April 5, 2025. This significant leadership decision reflects the firm’s continued focus on growing its presence both within the UAE and across international markets. Bringing with her close to 13...

Amwaj International acquires 18% stake in Dubai-based Cledor at $100M post-money valuation

Amwaj International Acquires 18% Stake in Dubai-Based Developer Cledor, Marking Its Entry into UAE Real Estate Dubai, UAE – April 22, 2025 – Amwaj International, a global conglomerate valued at over a billion dollars and employing more than 10,000 people across 27 cities, has officially acquired an 18% share in Dubai-based luxury real estate firm Cledor. The company, founded by industry veteran Omar...

UAE wealth growth drives record real estate transactions, says Knight Frank report

As of December 2024, the UAE hosted 130,500 dollar millionaires, ranking as the 14th largest wealth market globally. UAE Emerges as a Global Wealth Hub with Surging Millionaire Influx and Luxury Real Estate Boom Over the past decade, the United Arab Emirates (UAE) has witnessed a remarkable 98% increase in dollar millionaires, positioning itself as the world's second-fastest growing wealth market. This...

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