Real Estate

Deyaar plans to launch projects worth $2bn in 2025 amid strong demand

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...

AI-powered real estate platform GetProp launches in the UAE

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...

Allegiance Real Estate breaks into the top 5 at Sobha Stars Awards

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...

Provident real estate agent sells three full buildings in under seven hours at Expo City amid surging demand

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 Property Market Sees Surge in Off-Plan Sales

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...

Dubai: Most tenants renew leases due to high rents, but this could change; here’s why

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...

How ONE Development Founder and Chairman Ali Al Gebely Took The Dubai Real Estate Market By Storm

ONE Development has taken the real estate market by storm with the launch its highly acclaimed Laguna Residence. But for ALI AL GEBELY, it is just the latest in a long line of successful ventures. Al Gebely: Redefining Real Estate with Visionary Leadership and Innovation 🌍🏗️ Al Gebely doesn’t mince words: “It’s all about success. Results matter most. I never view it as pressure because when...

Dubai’s Ultra-Luxury Real Estate Market Soars

Dubai's Ultra-Luxury Real Estate Boom: A Magnet for Wealthy Buyers 🌍🏡 Dubai is rapidly becoming the ultimate destination for affluent buyers seeking extravagant properties with million-dollar amenities. The city’s real estate market is experiencing an unprecedented surge, fueled by a rising demand for ultra-luxury homes. Recent property developments showcase opulent residences priced between $60...

UAE real estate market ends 2024 with record growth, led by Dubai, Abu Dhabi

According to a report, Dubai’s residential sector saw an 18 percent rise in apartment prices and a 20 percent increase in villa prices. Reuters/File UAE’s Real Estate Market Concludes 2024 with Strong Growth JEDDAH: The UAE’s property sector wrapped up 2024 on a high note, with Dubai’s residential sales experiencing a notable 30 percent year-on-year increase, reaching 119 billion dirhams ($32.4...

World’s highest home hits Dubai real estate market at $51mn

The listing comes as Dubai’s property market experiences strong growth, particularly in the ultra-luxury segment World’s Highest Residential Property Listed for Sale in Dubai’s Burj Khalifa Dubai’s ultra-luxury real estate market has reached new heights with the listing of the world’s highest residential property, located within the iconic Burj Khalifa. As property prices continue their upward...

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