Binghatti, a prominent developer based in Dubai, has achieved a significant milestone with the successful launch of its inaugural $300 million, three-year sukuk issuance. This Islamic bond, priced competitively at 9.625%, has tightened by 30 basis points, showcasing robust investor confidence and demand. Click Here to Read More : Dubai Real Estate Witnesses Surge in Rent Prices: Dubizzle Annual Property...

Dubizzle's highly anticipated Dubai Annual Property Market Report reveals a staggering 66% increase in rents within the Dubai real estate market, defying global trends. The report, based on primary data collected throughout 2023, showcases significant trends and robust demand, supported by high rental yields and favorable economic conditions in the UAE. Read Here More : Aldar Properties Reports 40%...

Knight Frank's latest report highlights a notable trend in the luxury residential property market, with prices continuing to rise in 2023 despite declining trends in other major cities like New York and London. According to the report released on Wednesday, luxury property prices globally experienced a 3.1% increase, fueled by double-digit gains in cities such as Manila and Dubai, which offset declines...

Emaar Properties, renowned for its innovative architectural landmarks, has introduced two groundbreaking projects: The Heights Country Club in Dubai and Grand Club Resort adjacent to The Oasis. These ventures, totaling AED 91 billion, reflect Emaar's commitment to setting new standards in high-end living experiences while strategically expanding its portfolio to include villas and...

Emaar Properties, renowned for its iconic developments, recently celebrated the outstanding achievements of Dubai's top 20 real estate companies in 2023. This recognition highlighted their exceptional sales performance within a dynamic market landscape. The prestigious ceremony, hosted at the Armani Hotel in Downtown Dubai, was graced by the presence of His Highness Mohammed Alabbar, the visionary founder...

Emaar Properties, Dubai's largest publicly traded developer, has announced a remarkable 70% year-over-year increase in net profit for the fiscal year 2023, solidifying its position as a key player in the real estate market. Read this also : Aldar Properties Reports 40% Increase in 2023 Net Profit, Declares Dh1.3 Billion Dividends The real estate giant experienced impressive growth in 2023, with...

In an impressive feat for the third consecutive year, Aldar Properties surpassed expectations, recording a 40% surge in net profit to Dh4.4 billion in 2023. This remarkable achievement was complemented by a revenue of Dh14.2 billion, marking a substantial 26% increase. Read this also : Dubai Customs Achieves Record-Breaking 17.15 Million International Visitors in 2023 The...

In 2023, Dubai Customs reached a remarkable milestone by managing 46,870,957 bags from 206,396 flights, averaging 128,400 bags per day. The primary focus remains on enhancing traveler satisfaction and elevating their overall experience. Read this also : Abu Dhabi Enters Advanced Talks for Ras El Hekma Development in Egypt With a workforce of over 845 inspection officers and the aid of 77 cutting-edge...

Abu Dhabi is currently engaged in advanced negotiations to acquire and transform the Ras El-Hekma property situated on Egypt's northern coast, reports Bloomberg. Properties for sale in Dubai : Click Here Sources familiar with the matter reveal that Talaat Moustafa Group (TMG) and select Egyptian state-run entities are poised to retain approximately 20% ownership of the...

In 2023, the Dubai Land Department (DLD) celebrated an unprecedented achievement, recording a staggering 1.6 million transactions across various real estate activities. This remarkable figure represents a substantial increase of 16.9% compared to the previous year, highlighting Dubai's robust real estate market. Read this also : Transferring Property to Family Members in Dubai: A Comprehensive...