Real Estate

Driven by robust demand, a steady supply of new inventory and Dubai’s growing allure for high-net-worth individuals. Dubai Real Estate Trends 2024: Bayut Highlights the Most-Searched Areas Dubai, UAE – Renowned as the UAE's leading real estate portal, Bayut has released its detailed report on Dubai's most-searched property hotspots for 2024. The findings reveal a steady increase in property values...

Hotel rooms near prime party spots in Dubai, RAK and Abu Dhabi are almost sold out. Dubai Hotels See Soaring Prices for New Year's Eve Stays As Dubai prepares for a record-breaking New Year’s Eve celebration, hotels in Downtown Dubai, known for their breathtaking Burj Khalifa views, are in high demand. This surge in bookings has driven prices up significantly. For instance, a two-night stay at the Grand...

First APAC Fund VCC (Fund), a leading Singaporean investment fund, has signed a Memorandum of Understanding (MOU) to invest up to Dh5 billion in Dubai-based AMIS Development. The partnership reflects the Fund’s confidence in Dubai’s real estate market and AMIS Development’s reputation for high-value luxury developments.AMIS Development has multiple upcoming projects in major areas of Dubai that have...

Sean McCauley, chief executive of property consultancy Devmark, says investing in his business has been the best decisionAs the chief executive of Devmark, a Dubai-based property consultancy, it is only fitting that Sean McCauley grows his wealth through real estate investments.Originally from South Africa, his passion for real estate began early, inspired by accompanying his mother on open house...

With $4 trillion of assets, sovereign-wealth funds in MENA are among the world’s largestInstitutional Investors Office Aims to Boost Dubai’s Real Estate GrowthNew Hub Set to Boost Dubai’s Real Estate Sector with Global Institutional FundsDubai –  With the GCC increasingly recognized as a premier investment destination, Dubai is leading the charge to attract international capital. Responding to the...

Dubai’s real estate market grows rapidly, with 20,000 new units by late 2024. 3DXB Group leverages 3D printing for efficient, sustainable construction.DUBAI, UAE – Dubai’s real estate market continues to experience robust growth, with 20,000 new housing units expected to be delivered in the second half of 2024. In the first half of the year, real estate transactions reached AED346 billion ($94.2...

The last available statistics from Land Sterling show that Dubai’s property sector clocked more than 47,300 transactions in the third quarter of 2024 for AED 116.8 billion, approximately $31.8 billion. Transaction volume increased by a stunning 42 percent during the same period last year, while the value in terms of transactions saw an approximate 33 percent growth.This volume and value growth highlights...

Dubai: Developers in Dubai are in a rush to launch their latest projects or release more offplan units at their existing ones – but this time it’s not just about trying to meet demand.A recent report by global rating agency S&P spoke about the chances of likely price corrections in the Dubai property market at some point in the next 18 months or so, which could ‘lead to lower prices and...

UAE strategies for transport, investment and real estate, Qatar tourism, Bahrain Golden Visas and more of the biggest stories this weekThe UAE has announced strategies for investment, transport, savings and education in the past week as it looks to outline an environment for growth in the region.Elsewhere Bahrain has given an update on its Golden Visa scheme, Qatar is welcoming tourists from across the GCC...

Dubai real estate sector sees significant increase in transactions as apartments make up majority of new handovers  The Dubai real estate sector recorded more than 47,300 transactions, valued at approximately AED116.8bn ($31.8bn), in Q3, according to Land Sterling.It represented a 42 per cent increase in volume and a 33 per cent rise in value compared to the previous year, the real estate consultancy,...