In 2024, the UAE's real estate landscape is set to witness the delivery of 42,000 new residential units, with Dubai and Abu Dhabi leading the way, as projected by global real estate services company JLL. This year alone, the forecast indicates the completion of 8,000 units in Abu Dhabi and an impressive 34,000 units in Dubai, according to JLL's comprehensive report on the real estate market. Read...

In 2023, the United Arab Emirates' real estate market demonstrated robust growth across all major asset classes, defying challenging global economic conditions, according to leading real estate expert JLL. The year was particularly noteworthy for the office and residential sectors, showcasing the UAE's resilience. Read this also : Aqua Launches Dubai’s Central Downtown Project: A Vision of Modern...

Aqua Properties, a renowned international real estate developer based in the United Arab Emirates, has unveiled its latest venture, The Central Downtown—a sophisticated development situated in Dubai's Arjan neighborhood. Valued at AED 3 billion ($816 million), this project is set to redefine upscale living in the heart of the city. Read this also : The Future of Dubai Luxury Real Estate in 2024:...

In the year 2023, the Dubai luxury real estate market witnessed a groundbreaking surge, shattering records across various fronts. The Como Residences on Palm Jumeirah, for instance, set a remarkable record with its penthouse achieving an astonishing Dh24,000 per square foot, selling for an impressive Dh500 million. Ultra-premium apartment sales further highlighted the pinnacle of the luxury market, with...

Deyaar Development PJSC, a prominent real estate developer and service provider, has unveiled exceptional financial results with a staggering 206% increase in its yearly net profit, soaring to Dh440.7 million. This significant growth reflects the company's strategic initiatives and successful endeavors in the real estate sector. Read this also : Revolutionizing Dubai’s Rural Landscape: HH Sheikh...

In a monumental move, His Highness Sheikh Mohammed bin Rashid Al Maktoum has given official approval to a comprehensive plan aimed at transforming Dubai's rural areas and wilderness expanses. Encompassing a vast 2,216 km2, this visionary plan entails the implementation of integrated development projects and initiatives that aspire to make Dubai's countryside the most beautiful and inviting for all. "We...

In a groundbreaking move, Expo City Dubai is set to revolutionize the former world's fair site into a vibrant residential hub, with homes starting at Dh1.2 million ($330,000). This ambitious project aims to redefine sustainable urban living, combining high standards and the essence of Expo 2020 Dubai to create thriving, connected communities. Read this also : Navigating the New UAE Tuition Landscape: A...

On January 18, Azizi Developments, based in the UAE, disclosed a $1.5 billion investment to erect Burj Azizi, set to be Dubai’s second-tallest tower on Sheikh Zayed Road. The completion is anticipated in four years, featuring a seven-star hotel, vertical mall, and opulent apartments and penthouses. Beyond unique amenities, the tower boasts a pioneering observation deck and upscale dining options. Mirwais...

The landscape of Dubai's real estate market witnessed a notable shift in 2023, with the percentage of end-user buyers rising from 38% to 44%, according to the latest report released by Betterhomes on Thursday. Dubai recorded a staggering 120,742 residential sales transactions in the fiscal year 2023, marking a remarkable 38% increase compared to the previous record set in 2022 at 87,454 transactions....

Alphabeta Properties, a prominent UAE-based developer, has introduced its latest residential venture, M77, located in Meydan Avenue, Nad Al Sheba. This upscale project presents an array of one-, two-, and three-bedroom units with starting prices from AED 105,000 ($28,583). Read this also : Central Park Towers DIFC Unveils 116-Meter-Long Link Bridge, Transforming Connectivity Entering a new era of...