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...
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...
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 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...
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...
Hussain Sajwani, 71, is the billionaire chairman of Dubai-based real estate powerhouse Damac Properties. Elon Musk Spotted at White House with Dubai Billionaire Hussain Sajwani Elon Musk, the chief executive of Tesla and SpaceX, recently appeared in a photograph captured at the White House with Dubai-based billionaire Hussain Sajwani, the founder of Damac Group. The image, which circulated online, has...
With rental transactions in Al Furjan up 8% and one-bedroom rental values surging by 39%, the area offers yields of up to 9%. Object 1 Unveils V1Stara House at Al Furjan, Dubai: A Mid-Rise Gem with High Investment Potential Object 1, a prominent name in Dubai’s real estate landscape, has officially introduced V1Stara House, a contemporary mid-rise residential tower situated within the thriving Al Furjan...
The new projects launched by Abu Al Naga Real Estate Development, aim to offer residential units that align with the pace of modern life in Dubai. Abu Al Naga Real Estate Begins Development on Three Key Residential Projects in Dubai Abu Al Naga Real Estate Development has officially commenced construction on three significant residential ventures located in Dubailand, Bu Kadra (New Horizons), and Al...
Dubai General Properties unveils Mews Mansion luxury development in Meydan. Dubai General Properties Unveils Its Flagship Luxury Project: Mews Mansions Dubai General Properties has officially launched its premier real estate venture, Mews Mansions, in one of the city’s most sought-after areas. Situated in the elite Meydan district, Mews Mansions is nestled alongside the lush greens of the Meydan Golf...
Gulf House Real Estate. Gulf House Real Estate Development, a notable entity in Dubai's luxury property sector, has announced its latest venture: Olaia Residences on Palm Jumeirah. This flagship development aims to redefine luxury living in one of the world's most prestigious locales. With this project, Gulf House seeks to elevate elegance and sophistication, offering a new standard for high-end...