April 25, 2024

Dubai's Ultra-Luxury Real Estate Set to Soar with HNWI Surge

Dubai’s Ultra-Luxury Real Estate Set to Soar with HNWI Surge

Dubai's ultra-luxury real estate market is poised for significant growth, propelled by a surge in high-net-worth individuals (HNWIs) and substantial investment inflows during the first quarter of the year. By 2025, HNWIs are expected to account for a 24.6% increase in Dubai's real estate market, driving the luxury segment to unprecedented heights. read this also : Emaar Properties Announces Dh4.4...

Emaar Properties Announces Dh4.4 Billion Dividend at Annual General Meeting

Emaar Properties Announces Dh4.4 Billion Dividend at Annual General Meeting

Emaar Properties PJSC held its Annual General Meeting (AGM) on Monday, April 22, 2024, in Dubai. The company's shareholders approved the Board of Directors' proposal for a significant dividend payout of Dh4.4 billion ($1.2 billion), equivalent to 50 fils per share. This decision underscores the company's solid financial standing and dedication to providing value to its shareholders. Read this also :...

Binghatti Unveils Major Megaproject in Dubai Hills

Binghatti Unveils Major Megaproject in Dubai Hills

Binghatti, a prominent Emirati developer based in Dubai, is launching an expansive real estate project in the Dubai Hills district. The development, known as Binghatti Hills, is set to become the largest project in Dubai Hills, featuring 1,666 residential units and 21 retail spaces across a vast land area. Read this also : Dubai Developers Offer Free Repairs for Homes Damaged by Rain The unveiling...

Dubai Residents Can Seek Help for Rain Damage Through WhatsApp

Dubai Residents Can Seek Help for Rain Damage Through WhatsApp

Dubai residents who have been impacted by heavy rain can now seek help for property damage using a dedicated WhatsApp support number. This move comes under the directive of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, ensuring authorities are prepared for severe weather. Read this also : Palm Jumeirah Villas See 63% Rent Surge in Q1 2024 The Mohammed bin Rashid Housing Establishment’s...

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