Real Estate

Dubai’s property market saw historic growth in 2024. In an exclusive interview, Bayut’s Vice President of Property Sales, Fibha Ahmed explains what’s fuelling demand and where investors are looking next. Dubai's real estate market has reached unprecedented heights in 2024, achieving a record-breaking AED 488 billion in residential transactions. This remarkable surge highlights the city's rapid...

The 131+ storey Burj Azizi tower in Dubai, scheduled for completion by 2028, will house residential units, a hotel, retail spaces and entertainment facilities. Dubai-based Azizi Developments is set to introduce Burj Azizi, an architectural marvel poised to become the world’s second tallest tower at an impressive height of 725 meters. The grand unveiling is scheduled to take place on February 18, 2025,...

The scope of work includes construction of more than 1,900 residential units as well as infrastructure development works related to the retail facilities of Sedra. Dugasta Properties Unveils Four Landmark Residential Projects Worth Over AED 1 Billion Dubai-based developer Dugasta Properties has announced the launch of four transformative residential projects—Teraa Tower, Moonsa 2 Residences, Al Haseen-3...

Dubai’s Residential Property Sales Surge to AED 155.73 Billion in 2024 Dubai’s real estate market witnessed a significant upswing in 2024, with residential property sales increasing by 25.3 percent to surpass AED 155.73 billion (USD 42.5 billion), according to a recent report by Metropolitan Premium Properties. Despite ongoing global economic uncertainties, Dubai’s property market remains highly...

The Dubai developer expects continued increase in rents and property prices this year amid supply shortage Deyaar Development to Launch Five New Projects Worth Dh8 Billion Amid Strong Market Demand Dubai-listed Deyaar Development is set to introduce five new real estate projects with a total value of Dh8 billion ($2.17 billion) this year, aiming for Dh4 billion in sales as demand for UAE property remains...

GetProp's advanced features, verified listings and competitive prices bring a comprehensive solution to the region’s real estate market GetProp: A Tech-Driven Real Estate Marketplace Launches in the UAE A new era in the UAE’s property sector has begun with the arrival of GetProp—a forward-thinking real estate marketplace that blends advanced technology with deep market knowledge. Based in the heart...

This recognition highlights the company’s commitment to excellence in real estate advisory. Allegiance Real Estate Secures Top 5 Spot at Sobha Stars Awards 2024 Allegiance Real Estate has reached a remarkable milestone by earning a place among the Top 5 brokers at the esteemed Sobha Stars Awards 2024. This prestigious recognition, awarded by Sobha Realty, a leading developer in the UAE and the Middle...

Highlighting the growing significance of Expo City as Dubai’s next major business and residential hub. Record-Breaking Sale: Three Full Buildings Sold in Under Seven Hours at Expo City, Dubai Dubai, UAE – In a remarkable milestone for Dubai’s real estate sector, top-performing agent Kamil Magomedov from Provident Real Estate has successfully facilitated the sale of three entire buildings in less...

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...

Delivery of new units in the markets is giving tenants options to move to new areas in the outskirts. Dubai’s Lease Renewals and New Tenancy Contracts See Narrowing Gap The difference between lease renewals and new tenancy agreements in Dubai is gradually shrinking. Real estate professionals highlight that while many tenants still prefer to renew their leases due to the rising rental costs, the...