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...

The Vestian Group has made a strategic move into the United Arab Emirates (UAE) by establishing Vestian MEA, a specialized investment advisory services firm headquartered in Dubai. With a focus on the Middle East and Africa (MEA) region, Vestian MEA aims to offer comprehensive real estate solutions to investors seeking opportunities in Dubai and across the UAE. Read More : Emerging Real Estate Hotspots:...

Ajman, Sharjah, and Ras Al Khaimah are emerging as vibrant real estate hotspots in the UAE, offering lucrative investment opportunities for savvy investors. According to dubizzle’s annual property market reports, these emirates are witnessing significant growth in both sales and rentals, making them attractive destinations for property buyers and investors alike. Read More : Investing in Dubai Real...

Dubai, with its breathtaking skyline and reputation for luxury, has long been a magnet for property investors. The allure of sky-high yields and attractive tax benefits makes it a compelling destination for those seeking lucrative real estate opportunities. But is it truly worth buying property in Dubai now? Let's delve into the details to find out. Key Areas and Developments to Target: Dubai boasts a...

Dubai, known for its iconic skyline, luxurious lifestyle, and dynamic economy, has long been a magnet for real estate investors worldwide. But is the real estate market truly booming in Dubai? Let's delve into the current state of affairs. Click Here to Read More : Dubai Prime Property Sector Set for Robust Price Surge in 2024 1. Surging Demand: Dubai's real estate market is experiencing a surge in...

Following a remarkable surge in 2023, Dubai's prime residential values are poised for continued growth in 2024, ranking third globally with a projected 5.0% increase, according to Knight Frank. With an impressive 16% rise in 2023, building on a previous 44.4% surge, Dubai's prime property market remains a strong contender in the global landscape. Click Here to Read More : ROSHN Group Launches Sales of...

ROSHN Group has unveiled plans for the fourth phase of its esteemed SEDRA project, introducing 4,860 new residential units across a sprawling area exceeding 1.9 million square meters. Initially, 1,254 units will be available for sale, marking a significant expansion of the development. Click Here to Read More : Rising Trends: Dubai’s Branded Residences Sector on Solid Growth Trajectory David...

Dubai’s branded residences sector is set for substantial expansion, with standalone projects expected to make up 54% of the market, representing 78% of new developments over the next four years in Dubai. This signals further growth in the branded residences segment within the city's real estate landscape. Click Here to Read More : Dubai Mall’s Remarkable Achievement: ‘Most Visited Place on...