Real Estate

Damac partners with bank for off-plan home financing

Damac said it is the first developer to offer such a financing option Damac Properties Partners with ADIB to Offer Financing for Off-Plan Properties Dubai-based real estate giant Damac Properties has unveiled a strategic collaboration with Abu Dhabi Islamic Bank (ADIB) to introduce innovative financing solutions for off-plan properties, applicable once construction reaches 35% completion. In an official...

Dubai: 50% drop in prime real estate listings as more people look to buy homes

Tenants are increasingly shifting to ownership due to a surge in rental rates amidst a big increase in population. Dubai’s Housing Market Sees Significant Drop in Listings as More Buyers Enter the Market The availability of homes for sale in Dubai has dropped by 30% in 2024, with the prime market witnessing an even steeper decline of over 50%. This shift comes as more end-users invest in properties to...

Here’s how much a villa costs in Dubai’s Jumeira Bay

The island has set a new benchmark for luxury real estate. Jumeira Bay Island Sets New Luxury Real Estate Record with Dh330 Million Villa Sale Dubai’s prestigious Jumeira Bay Island has once again redefined ultra-luxury real estate with the sale of a lavish six-bedroom villa for an astounding Dh330 million. This landmark transaction reinforces the island’s status as a premier destination for...

Dubai’s luxury real estate boom: Key drivers behind surging demand

Women's Day Special: Olga Pankina, Chief Operating Officer at Whitewill Dubai shares insights on Dubai's luxury real estate boom. Dubai's Luxury Real Estate Market Booms Amidst Growing Global Interest Dubai's high-end real estate sector is experiencing an extraordinary rise in demand, fueled by a combination of strategic policies and evolving global economic conditions. A major driver behind this surge is...

Dubai real estate market breaks records with $89mn Jumeirah Bay Island villa sale

The six-bedroom Dubai villa, located on one of three exclusive plots at the island’s tip, offers uninterrupted views of the Burj Khalifa and Downtown skyline. Dubai Sotheby’s International Realty Breaks Record with AED330 Million Villa Sale on Jumeirah Bay Island Dubai Sotheby’s International Realty has redefined the UAE’s luxury property market with the sale of a villa on Jumeirah Bay Island for...

2024: Pakistanis among top 5 buyers of real estate in Dubai, Indians top list

Indians Lead Dubai’s Real Estate Market in 2024; Pakistan Climbs to Fifth Spot Indian investors have once again topped the list of Dubai’s real estate buyers in 2024, with Pakistan securing the fifth position, rising from seventh place, as per a recent report from property consultancy Better Homes. Dubai’s property market is projected to experience a 5-8% annual price increase in 2025, with luxury...

Mierage Realty celebrates its official launch in Dubai

Mierage Realty, The gathering brought together key industry figures, partners, and clients, Mierage Realty: A New Force in Dubai’s Real Estate, Design, and Branding Landscape Mierage Realty, a recently launched company in Downtown Dubai, is already establishing itself as a dynamic presence in real estate, renovation, interior design, and branding. Dedicated to delivering comprehensive solutions, the...

GJ Properties Announces AED 4 Billion Investments For 2025-2026

GJ Properties plans to launch around 10 new projects in 2025 GJ Properties Unveils AED 4 Billion Investment Plan for 2025-2026 with 10 New Projects GJ Properties, a premier private developer in Ajman, has announced an ambitious AED 4 billion investment allocated for a series of upcoming projects spanning 2025 and 2026. The company’s impressive track record is reflected in its latest achievements,...

Dubai real estate sector recorded $5.2bn of transactions last week, including $23m office

The Dubai real estate sector saw $5.2bn of transactions and 4,477 sales last week Dubai’s Real Estate Market Records AED19bn in Transactions Last Week The Dubai real estate market saw a total of AED19 billion ($5.2 billion) in transactions last week, as per data released by the Land Department. Sales transactions accounted for the majority, reaching AED13.53 billion ($3.7 billion), according to the...

Abu Dhabi real estate transactions hit $4.69bln in first two months of 2025

Abu Dhabi real estate, The total value of usufruct transactions has exceeded $62.39mln for 28 properties. Abu Dhabi’s Real Estate Market Sees Transactions Worth AED17.24 Billion in Early 2025 ABU DHABI – The real estate sector in Abu Dhabi has witnessed robust activity in the first two months of 2025, recording transactions worth AED17.24 billion across more than 5,000 deals. Data from the "DARI"...

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