Dubai, a city synonymous with luxury and innovation, is gearing up for the unveiling of several upscale hotels in 2024. These developments, a testament to the city's thriving tourism and real estate sectors, promise an unparalleled experience for residents and visitors alike. Five Luxe: Adding to Dubai's hospitality landscape, the renowned FIVE chain is expanding with the introduction of FIVE LUXE at...

In 2024, a significant shift is expected in the UAE real estate landscape as more property buyers, especially end users, are projected to opt for mortgages. The catalyst behind this trend is the anticipated drop in interest rates, estimated to decrease by up to 100 basis points. Real estate experts emphasize the substantial influence of mortgage rate fluctuations on the decision-making process of...

In a strategic move, Sharjah-based developer Arada has made a noteworthy entry into the dynamic Dubai real estate market by acquiring a prime Dh600 million plot in Zabeel 2. The announcement on Tuesday revealed that Arada, a prominent master developer, envisions the construction of a 50-story luxury residential tower featuring 400 upscale apartments on this expansive 138,466-square-foot plot. Read this...

Amid a year marked by substantial growth, estimated between 23–30%, the upscale residential rental landscape in Dubai is poised for another significant upswing, with expectations of a 20% increase in 2024. Experts attribute this projected surge to various factors, including Dubai's growing allure as a haven for the affluent, heightened investor interest, an influx of professionals, and a surging...

In a bold move that has captivated luxury real estate enthusiasts, Emerald Palace Group (EPG) has officially listed Dubai's largest penthouse for sale at a staggering Dh600 million. The Super Penthouse R1, spanning the top three floors and rooftop of Raffles The Palm Dubai Residences, sets a new benchmark in Dubai's real estate history with a colossal built-up area of 77,707 square feet. Read this :...

Binghatti Developers, a prominent real estate and property development company based in Dubai, has achieved a remarkable feat by completing the Binghatti Heights project ahead of schedule. This project, nestled in Jumeirah Village Circle (JVC), comprises 365 residential units and reflects the company's commitment to excellence in the dynamic Dubai real estate market. Read this : Qatar’s Real Estate...

In a remarkable feat, Qatar's real estate market has witnessed an impressive surge, with trading volumes exceeding a substantial $87.08 million within a mere three days. This swift acceleration in real estate transactions showcases the dynamism and vitality of Qatar's property sector. Read this : Dubai Continues to Spearhead GCC Real Estate Market in 2024: Kamco Invest Report The robust performance...

Dubai is poised to maintain its dominant position in the GCC real estate market throughout 2024, building on a stellar performance that accounted for over half of the GCC's transactions valued at $171.6 billion in 2023, according to realty analysts. The strategic insights provided by Kamco Invest underline the strength of Dubai's real estate sector, projecting a sustained leadership role in the...

Damac Properties, a renowned luxury real estate developer, has provided an update on the construction progress of its signature tower, Safa Two de Grisogono, in Dubai. Crafted in collaboration with the celebrated Swiss jeweler de Grisogono, the project is on track for completion in 2027. Read this : Dubai Set to Join the Ranks of the World’s Top 10 Prosperous Cities in 2024 Revealing a detailed...