Dubai is poised to maintain its dominant position in the GCC real estate market throughout 2024, building on a stellar performance that accounted for over half of the GCC's transactions valued at $171.6 billion in 2023, according to realty analysts. The strategic insights provided by Kamco Invest underline the strength of Dubai's real estate sector, projecting a sustained leadership role in the...

Damac Properties, a renowned luxury real estate developer, has provided an update on the construction progress of its signature tower, Safa Two de Grisogono, in Dubai. Crafted in collaboration with the celebrated Swiss jeweler de Grisogono, the project is on track for completion in 2027. Read this : Dubai Set to Join the Ranks of the World’s Top 10 Prosperous Cities in 2024 Revealing a detailed...

In a groundbreaking revelation, Dubai has secured a coveted spot among the world's top 10 cities for livability, lovability, and prosperity in the World’s Best Cities Report published by Resonance. Dubai has emerged as a superior city for living, working, and thriving, surpassing renowned global cities such as San Francisco, Amsterdam, Los Angeles, Washington, Istanbul, Vienna, Toronto, Boston,...

The Dubai real estate landscape has witnessed a remarkable upswing, with a staggering 47% surge in property costs attributed to a substantial influx of Russian investors, according to recent research findings. For years, Dubai has been a magnet for affluent businesses and investors worldwide, drawn by the UAE's stable market and opulent lifestyle. However, the unprecedented wave of Russian investors in...

In a significant leap towards transparency and innovation in Qatar's real estate sector, the Ministry of Municipality has unveiled a revolutionary Real Estate Platform, offering precise data and comprehensive statistics for industry stakeholders. Introduced at Expo 2023 Doha in a ceremony presided over by Municipality Minister H E Dr. Abdullah bin Abdulaziz bin Turki Al Subaie, the platform integrates...

Dubai, known for its architectural marvels, has yet another feather in its cap as Al Wasl Plaza in Expo City clinches a Guinness World Record, further solidifying the city's reputation for global excellence. The prestigious title of the "largest interactive immersive dome" now belongs to Expo City’s crown jewel, Al Wasl Plaza, as officially recognized by the Guinness Book of World Records. Alwaleed...

As the New Year approaches, Dubai's property investors and landlords who have relied on short-term rentals are basking in the glow of rich rewards, with year-over-year rate increases soaring to unprecedented heights, reaching up to 50%, according to market sources. Throughout December, short-term accommodation reservations in Dubai have experienced a surge, particularly for luxury properties. A...

As 2023 draws to a close, Dubai's real estate market is poised for a triumphant finale, with property sales expected to soar beyond AED 400 billion ($108.9 billion), according to a recent analysis. W Capital, a Dubai-based real estate brokerage firm, reports that the cumulative value of property sales since January 2023 has already surpassed AED 393 billion and is projected to climb even higher in the...

In Q3 2023, the demand for key residential areas in Qatar reached unprecedented levels, driven by the allure of the nation's prime locations. Tenants seeking proximity to the business center increasingly opted for downtown residential hubs such as Lusail, West Bay, Pearl, and others. Hapondo, a leading realty platform in Qatar, revealed in a recent market analysis that convenience plays a pivotal role...

In a recent announcement, Azizi Developments, a prominent UAE-based real estate developer, shared a progress update on their prime project, Pearl, located in the thriving Al Furjan growth corridor in Dubai. The development has reached an impressive 80% completion and is on track to be finished by the end of Q1 2024. According to Azizi, key milestones have been achieved in the construction process. The...