Real Estate

Whitewood Real Estate Brings Exclusive Dubai Property Expo in Hyderabad | Investment Starting at Just 1.5cr

Join Whitewood Real Estate Exclusive Dubai Property Expo in Hyderabad on November 23rd and 24th at The Park Hyderabad Hotel. Explore premier investment opportunities in Dubai's thriving real estate market! Explore a wide range of property options—from luxury waterfront apartments and spacious villas to commercial spaces in prime Dubai locations at Dubai Property Expo in Hyderabad. Hyderabad: Whitewood...

App for real estate valuators launched in Dubai

The Real Estate Regulatory Authority (Rera) at the Dubai Land Department (DLD) has announced the launch of a smart application for real estate valuators called 'Taqyimee'.The launch was attended by Sultan Butti bin Mejren, director-general of DLD; Marwan bin Ghalita, CEO of Rera.Bin Ghalita affirmed that the Executive Council Resolution No. 37 of 2015 regulates all aspects of the real estate appraisal...

Dubai: Landlords offer flexible payment terms, issue fewer eviction notices

Many landlords are becoming flexible in terms of payment from tenants and are also issuing fewer eviction notices, say industry executives.“With demand at an all-time high and rental prices continuing to increase steadily, many landlords are offering more flexible payment terms,” said Lewis Allsopp, chairman of Allsopp & Allsopp.Rental demand in Dubai is increasing rapidly, with over 140,000 new...

Urban Prosperity or Social Divide? The dual impact of luxury real estate in cities

In recent years, the global focus on luxury real estate has impacted the urban dynamics in many cities. High-end developments brought higher land prices, higher construction costs, and higher prices for housing in addition to increasing gentrification.While such schemes may offer economic growth and possible improvement of the infrastructure that often comes with it, they can also bring significant...

Dubai real estate: Binghatti sells out 50% of $1.4bn Skyrise development in 24 hours

Binghatti Skyrise development sells 50 percent of units within 24 hours of launchThe $1.4bn Binghatti Skyrise development in Dubai sold 50 per cent of its units sold within 24 hours of launching.The unveiling event, held at The Meydan Hotel’s Sky Bubble on October 30, attracted more than 5,000 guests, including prominent investors and high-net-worth individuals from the region.Binghatti revealed the...

UAE real estate: Commercial property led Q3 2024, sustainable developments gain traction

The latest Royal Institution of Chartered Surveyors’ (RICS) Global Commercial Property Monitor found the UAE continuing to post some of the most elevated results across all nations covered in the monitor, with recent robust impetus showing little sign of easing.Overall occupier demand remained in firm growth territory, recording a +57% result (net aggregate sentiment), with offices leading the pack at...

Dubai Real Estate Sector Strategy 2033 aims for AED 1 trillion market valuation

Dubai Land Department launched the Real Estate Sector Strategy 2033 on Tuesday, targeting doubling the sector’s GDP contribution to AED73 billion and pushing the market value to AED 1 trillion, according to a report in Emirates News Agency (WAM)*.The strategy outlined a focused roadmap to elevate the sector’s economic impact on the emirate by “significantly increasing transaction volumes and...

New York architects KPF to design $1.1bn Dubai real estate project The Cliffs

Situated in the desirable Jumeirah area on the south side of the Dubai Water Canal, The Cliffs is expected to leave an enduring mark on Dubai’s skylineAcclaimed architects Kohn Pedersen Fox appointed to design landmark development along the Dubai Water CanalAGI Palace Group, the joint venture formed by Abu Ghazaleh Investments (AGI), the Dubai-based family-owned investment company, and ultra-prime...

Considering Buying Dubai Real Estate? Here’s What You Need To Know

With the American election just days away, many are considering whether it might be time to flee the country—or at the very least, invest in a foreign market. One of the hottest foreign markets right now is the United Arab Emirates, with Dubai real estate being especially attractive. But what is it really like for foreigners to purchase real estate there? Is the process all that different from the...

Dubai real estate trends: Most popular areas to buy and rent property in Q3 2024

Dubai recorded an 11.19 percent increase in total sales transaction volume compared to Q2 2024 Dubai Hills Estate has continued to reign as the premier destination for luxury villas, with an impressive average sales price of AED17.16 millionDubai’s real estate market continues to be shaped by several factors including the rise in prices, increase in demand, and evolving preferences of buyers and...

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