Dubai's property market has experienced a remarkable 15th consecutive quarter of price growth from January to March 2024, primarily fueled by increased demand in affordable and mid-market communities. Rising Prices in Key Areas Read this also : Unveiling Dubai’s $3 Billion Megaproject: Al Habtoor Tower, Set to Join World’s Tallest Residential Buildings Analysts highlight that Discovery...

Dubai's skyline is set to welcome another iconic addition with the commencement of construction on the $3 billion Al Habtoor Tower, poised to become the emirate's next globally renowned landmark. Located off the Sheikh Zayed Road, Al Habtoor Tower is slated to soar to a height of 345 meters upon its completion, boasting 81 floors and over 1,700 units. Scheduled for delivery by...

In a move to embrace technological advancements and enhance service delivery, Qatar has introduced a new real estate registration law, facilitating digital transactions for property-related procedures. Amer Al Ghaferi, Director of the Real Estate Registration Department at the Ministry of Justice, emphasized that Law No. (5) of 2024 enables the Real Estate Registration...

In March 2024, the Sultanate of Oman witnessed a notable downturn in its real estate market, with total transactions plummeting by 19.5% compared to the same period in 2023. The total value of real estate transactions by the end of March amounted to OMR587.50 million, down from OMR730.10 million the previous year. Read this also : Launch of Al Janoub Gardens Residence Phase 2...

Ezdan Real Estate has unveiled the eagerly awaited second phase of Al Janoub Gardens Residence in Qatar, marking another milestone in the development's journey. This latest phase introduces 775 residential units of diverse sizes, following the successful leasing of all 880 units in the initial phase. Read this also : S&P Forecasts Rise in Saudi Developers’ Profits and...

According to a recent report from S&P, Saudi Arabia is poised to experience higher off-plan sales, leading to an uptick in developers' revenue and profit margins. Off-plan development offers the advantage of pre-financing construction, facilitating quicker cash collection and reducing developer risk, thereby meeting the sector's funding requirements. Read this also : Bloom Holding Sells Out Sixth...

Bloom Holding, a prominent real estate development firm in the UAE, has announced the successful sell-out of Olvera, the latest phase of its Bloom Living project. The rapid sales pace of townhouses in this phase reflects strong demand from buyers and investors, with the sales center reporting significant interest. Read this also : Dubai’s Housing Delivery to Reach 35,000 Units by 2024 on Account of...

Dubai's real estate market is poised for robust growth, with projections indicating the delivery of over 35,000 new residential units by the year-end, as per a recent study by JLL. This surge in housing supply is attributed to buoyant investor demand, driven by innovative product offerings, attractive payment options, and recent adjustments to the golden visa requirements. Read...

In an exciting collaboration between global hospitality leader Hilton and esteemed lifestyle developer Al Hamra in the United Arab Emirates, Waldorf Astoria Residences Ras Al Khaimah is set to make its grand debut in 2026, marking the introduction of the first Waldorf Astoria Residences as part of a managed report in the UAE. This landmark development is poised to redefine luxury living standards in the...

Aldar Properties (Aldar) recently announced the rapid sell-out of the first two phases of its innovative active living development, Athlon, within just 48 hours of its launch. The sale generated AED 4.1 billion in sales, marking a significant milestone in Aldar's entry into the Dubai real estate market in partnership with Dubai Holding, a diversified global investment company with...