The Ajman Department of Economic Development has taken a significant step towards revitalizing the emirate's real estate sector by enlisting the expertise of JLL consultancy. With a formidable track record in the UAE, JLL will spearhead the development of a comprehensive strategy aimed at propelling Ajman's real estate market into a new era of competitiveness and growth. Read More : The UAE Ranks as the...

According to a recent global power survey, the United Arab Emirates (UAE) has emerged as the nation with the strongest and most stable economy worldwide, alongside being recognized as one of the top countries in terms of 'soft power'. For the second consecutive year, the UAE secured the 10th position in the Brand Finance Soft Power Index 2024, making it the sole country from the Gulf region to feature...

Confident Group, a prominent real estate company from India, has marked its entry into the luxury real estate market of the United Arab Emirates with the launch of its inaugural project, Confident Lancaster, in Dubai. This milestone event, celebrated on March 4, 2024, at The Theatre at Fairmount Hotel, witnessed the unveiling of Confident Lancaster, setting new standards for opulent living in...

Recently, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and Chairman of the Executive Council of Dubai, conducted a thorough review of the ongoing development progress at the Al Khawaneej 2 housing project. This initiative is a testament to the commitment of the Dubai leadership towards enhancing the quality of life for citizens and providing them with comfortable...

Bloom Holding has recently unveiled "Seville," the fifth phase of Bloom Living, an integrated community in Abu Dhabi, marking an exciting addition to its portfolio. Inspired by the architectural charm of the Mediterranean region in Spain, Seville promises to deliver a unique living experience with its picturesque lakeside views. The development features an array of residential options, including...

If your rental contract is up for renewal, you may be wondering whether your landlord will raise your rent. In Dubai, tenants are notified of any rent increases in advance, by the emirate’s rental laws. The Dubai Land Department (DLD) also regulates the amount by which rent can be increased. How to check the amount of increase – Rera Rental Index If you are curious about potential rent increases,...

NEOM, the futuristic city developer in Saudi Arabia, has unveiled its latest addition to its evolving regional development in northwest Saudi Arabia - Gidori, an exclusive private golf community nestled among the picturesque coastal hills of the Gulf of Aqaba. Situated on the stunning Gulf of Aqaba shoreline, Gidori seamlessly integrates active recreation and championship golf within an ultra-modern...

Dar Global, a leading luxury international real estate developer, has unveiled its audited full-year financial results for the period ending December 31, 2023. The company reported record-breaking revenues of $360.6 million (Dh1.32 billion), accompanied by a robust gross profit margin of 41%, totaling $146.4 million (Dh537 million). Read More : UAE Real Estate Yields Expected to Remain Strong:...

A recent report released on Wednesday reveals that prime residential real estate in the United Arab Emirates is poised to yield between 6.25% and 7%. According to CBRE Research’s 2024 Market Outlook for Middle East real estate, residential properties are projected to yield between 7% and 7.5%. Within the office sector, the anticipated yields for prime offices range from 6.5%...

Plans for Waldorf Astoria Residences Dubai Downtown, set to be completed in 2028, have been unveiled by Hilton and NABNI Developments, a leading real estate developer in Dubai known for its prestigious properties. This project marks the first standalone Waldorf Astoria residential address outside of the US, promising to enhance the esteemed hospitality brand's global presence while redefining luxury living...