April 2024

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...

Palm Jumeirah villas experience a 63% rent increase in Q1 2024

Palm Jumeirah Villas See 63% Rent Surge in Q1 2024

In the first quarter of 2024, Palm Jumeirah villas and townhouses experienced a significant increase in rent prices, according to a recent report. The area saw a 63% jump compared to the same period in 2023, reflecting its lasting appeal and high-end status. The average rent for villas and townhouses in Palm Jumeirah rose from AED 656,114 in Q1 2023 to approximately AED 1.07 million in Q1 2024, as...

Understanding Tenant Rights: Security Deposit Deductions in Dubai Real Estate

My Dubai Rent: Digital Content Creator Enjoys Dynamic Marina Apartment Living

The vibrant energy and lively atmosphere of Dubai Marina attracted a young couple of digital content creators to make it their home. Zhale Rousta, a digital content creator, fell in love with the neighborhood upon her first visit to Dubai in 2007. She and her husband, Nima Farahbakhsh, relocated to the UAE from Rasht, a coastal city in Iran, around a year ago. Read this...

Ajman Real Estate Transactions Hit $1.71 Billion in Q1 2024

Dubai Developers Offer Free Repairs for Homes Damaged by Rain

In the wake of last week's heavy rainfall in Dubai, developers have taken proactive steps to support their communities by covering the cost of repairs for properties affected by flooding and damage. Private real estate developer MAG is extending its assistance to customers impacted by the inclement weather. MAG announced that it will cover all costs associated with repairing affected residences within...

Ajman Real Estate Transactions Hit $1.71 Billion in Q1 2024

Ajman Real Estate Transactions Hit $1.71 Billion in Q1 2024

In the first quarter of 2024, Ajman’s real estate sector saw a total transaction value of AED 4.3 billion, marking an impressive 26.6% growth compared to the same period in 2023. Read this also : A partnership between Aldar and Siemens makes Saadiyat Grove Abu Dhabi’s leading smart project Sheikh Abdulaziz bin Humaid Al Nuaimi, the Chairman of the Department of Land and Real Estate Regulation in...

A partnership between Aldar and Siemens makes Saadiyat Grove Abu Dhabi’s leading smart project

A partnership between Aldar and Siemens makes Saadiyat Grove Abu Dhabi’s leading smart project

Aldar Properties (Aldar) has formed a partnership with Siemens to develop Saadiyat Grove, an innovative mixed-use project in Abu Dhabi’s cultural district. The collaboration aims to transform Saadiyat Grove into a leading example of smart urban living worldwide. The agreement was signed during the World Future Energy Summit (WFES) in Abu Dhabi. Read this also : UAE: Emaar Offers Free Repairs for Homes...

UAE: Emaar Offers Free Repairs for Homes Damaged by Rain

UAE: Emaar Offers Free Repairs for Homes Damaged by Rain

Emaar Properties has announced its intention to provide free repairs for homes within its Dubai communities that were impacted by the intense rains earlier this week. In response to the adverse weather conditions and heavy rains experienced in Dubai, Mohamed Alabbar, chairman of Emaar Properties, stated, "Emaar will undertake the repair of all properties within our communities damaged by the recent...

The Surge of HNWI Expected to Propel Dubai’s Ultra-Luxury Real Estate to New Heights

The Surge of HNWI Expected to Propel Dubai’s Ultra-Luxury Real Estate to New Heights

Dubai's real estate market is on an extraordinary upswing, driven by a substantial increase in capital inflows during the first quarter. It is projected that by 2025, high-net-worth individuals (HNWI) will contribute to a 24.6% increase in Dubai's real estate market, propelling the ultra-luxury segment to unprecedented levels. In the first quarter, the residential real estate market in Dubai reached...

Dubai Developers Offer Free Repairs for Homes Damaged by Rain

Dubai Developers Offer Free Repairs for Homes Damaged by Rain

In a display of community support, real estate developers in Dubai have stepped up to assist residents affected by last week’s severe rainstorm. The heavy rainfall led to extensive flooding, damage to cars, and property destruction across the city. Developers have committed to covering the cost of repairs for impacted residents, easing the burden on those dealing with the aftermath of the...

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