April 2024

Dubai International Airport Tops List as World's Most Luxurious Airport

Dubai International Airport Tops List as World’s Most Luxurious Airport

Dubai International Airport has been crowned the "most luxurious" airport globally, as announced by travel experts All Clear Travel Insurance. This prestigious accolade follows a meticulous evaluation of over 1,800 airports worldwide, with Dubai emerging triumphant for its unparalleled luxury offerings. Read this also : Exclusive Residential Towers Unveiled at Marasi Bay by...

Exclusive Residential Towers Unveiled at Marasi Bay by Foster + Partners

Exclusive Residential Towers Unveiled at Marasi Bay by Foster + Partners

In a groundbreaking development at Marasi Bay, Dubai, renowned British architectural firm Foster + Partners has revealed its visionary designs for two luxurious residential towers named Vela and Vela Viento. Spearheaded by developer Omniyat, the project epitomizes opulent waterfront living, offering direct access to the marina and a picturesque waterfront promenade. Read this...

AED148 million property sold in Dubai, making it the third-costliest villa sale of the year

AED148 million property sold in Dubai, making it the third-costliest villa sale of the year

The sale of a villa worth AED 148 million in Emirates Hills has clinched a new record for real estate transactions in Dubai. This sprawling estate, boasting 19 bedrooms, fetched the fourth-highest price ever recorded for a home in Emirates Hills. Read this also : New Procedure for Dubai Landlords Seeking Rent Re-Evaluation Managed by Dubai Sotheby’s International Realty, this opulent villa now...

New Procedure for Dubai Landlords Seeking Rent Re-Evaluation

New Procedure for Dubai Landlords Seeking Rent Re-Evaluation

Dubai landlords now have a new process in place if they wish to seek a rent re-evaluation, as announced by the Real Estate Regulatory Authority (RERA). Instead of relying solely on the most recent Rental Index update, landlords have the option to request a higher rental amount, but with a significant change in the procedure. Read this also : More tenants are turning into...

More tenants are turning into owners in UAE, increasing the demand for ready properties

More tenants are turning into owners in UAE, increasing the demand for ready properties

In the first quarter of 2024, the demand for ready properties surged in the United Arab Emirates, driven by an increasing number of tenants opting for ownership over rising rentals. Unlike the first quarter of 2023, which witnessed a surge in off-plan transactions, the first quarter of 2024 saw robust demand for existing projects in both Dubai and Abu Dhabi, according to data released by Property...

Dubai South Properties Awards $408 Million Contract to Al Kharafi Construction

Dubai South Properties Awards $408 Million Contract to Al Kharafi Construction

Dubai South Properties has awarded a lucrative contract worth AED 1.50 billion to Al Kharafi Construction Company for the construction of the third, fourth, and fifth stages of the South Bay project. The fourth phase of the project, spearheaded by Al Kharafi Construction, is already underway and slated for completion in the first quarter of 2027. This phase will comprise 138 units, including five...

Introducing La Maison Amal: A Wellness Oasis in Al Barari's Ultra-Luxury Community

Introducing La Maison Amal: A Wellness Oasis in Al Barari’s Ultra-Luxury Community

Launched recently, La Maison Amal emerges as a beacon of wellness in Dubai's prestigious Al Barari neighborhood, poised to make waves in the emirate's real estate landscape. Read this also : Qatar Residential Market Holds Steady in Q4: Insights from ValuStrat This five-bedroom residential gem is celebrated for seamlessly blending opulent living with tranquility and a focus on well-being. Maria...

Qatar Residential Market Holds Steady in Q4: Insights from ValuStrat

Qatar Residential Market Holds Steady in Q4: Insights from ValuStrat

The residential sector in Qatar maintained its stability throughout the fourth quarter (Q4) of 2023, as indicated by the ValuStrat Price Index (VPI). Notable increases in prices were observed in areas like West Bay Lagoon and Muaither, rising by 1% compared to the previous quarter. The addition of 795 houses during Q4 2023 pushed the residential stock past 343,500...

Burj Binghatti Jacob & Co. Residences: A Resounding Success with 50% Units Sold

Burj Binghatti Jacob & Co. Residences: A Resounding Success with 50% Units Sold

In a significant milestone for the upscale development, The Burj Binghatti Jacob & Co. Residences, Dubai-based developer Binghatti has joined hands with globally acclaimed high jewelry and watchmaking brand Jacob & Co. Nearly 50% of the project has been sold within just nine months since its sales launch. Read this also : Dubai Population Surges: A Look into the First Quarter of...

Dubai Population Surges: A Look into the First Quarter of 2024

Dubai Population Surges: A Look into the First Quarter of 2024

Dubai's dynamic landscape witnessed a remarkable surge in population during the initial quarter of 2024, with an impressive increase of over 25,700 residents. This spike can be attributed to a multitude of factors, prominently the influx of foreign investors and laborers into the thriving emirate. Read this also : Understanding Dubai’s Vehicle Black Points System: Duration and Prevention...

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