The residential market in the UAE has kicked off 2024 with notable vigor, signaling robust activity and absorption rates that are anticipated to sustain price appreciation in both Abu Dhabi and Dubai throughout the year. This insight comes from CBRE Middle East, a leading authority in commercial real estate services and investments. Read this also : Here’s a Sneak Peek at Dubai’s New Airport:...

Bloom Holding, a leading real estate development company in the United Arab Emirates, announced the complete sellout of Olvera, the latest phase of the Bloom Living community. The rapid sales reflect strong interest from both buyers and investors in the townhouses offered in this sixth phase of the development. Read this also : Jumeirah Unveils New Brand Identity Amid Major...

The AED15 billion ($4.1 billion) mega development on Jubail Island, known as Nad Al Dhabi village, has celebrated a major milestone with the handover of 44 luxury residential units. This achievement marks a significant step forward for the Jubail Island Investment Company (JIIC) in the Abu Dhabi real estate market. Read this also : Ajman’s Real Estate Valuation Reaches $523 Million in Q1 2024 Nad...

The real estate market in Abu Dhabi has experienced significant growth in the first quarter of 2024, driven by strong interest from foreign investors and rising sales prices, especially in high-end neighborhoods. Data from Bayut, a leading UAE real estate portal, indicates an increase of up to 6% in luxury apartment and villa sales prices in sought-after areas. On Saadiyat...

The Abu Dhabi Real Estate Centre (ADREC) has reported a remarkable surge in real estate transactions for the year 2023, reaching an unprecedented AED 87.1 billion ($23.7 billion). This surge marks a substantial increase of 159.5 percent from the previous year, totaling AED 61 billion ($16.6 billion). Read More : Ras Al Khaimah Government Boosts Stake in Emirate’s Leading Realtor With a total of...

In a significant development for Al Raha Beach, the Yas Canal residential project has received approval from Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. Valued at Dh3.5 billion, this project, overseen by the Abu Dhabi Housing Authority in collaboration with the Abu Dhabi Centre for Projects and Infrastructure and the ICT Real Estate Development Company, is set to redefine...

Experience the allure of waking up to picturesque views of pristine beaches from villas nestled amidst lush green hills, evoking the charm of a tranquil village setting. Abu Dhabi's landscape is undergoing a transformative change, courtesy of real estate development powerhouse, Modon Properties. Their ambitious endeavor on Hudayriyat Island aims to redefine luxury living with a...

In a remarkable surge, the Abu Dhabi real estate market achieved unprecedented heights last year. With transactions totaling AED 87.1 billion (equivalent to $23.7 billion), the sector demonstrated robust growth and resilience. Let’s delve into the key highlights of this remarkable journey. Read More : Elevating Dubai’s Commercial Real Estate Landscape: Trends and Insights 1. Tremendous Growth in...

Abu Dhabi's real estate landscape witnessed significant growth in the fourth quarter of 2023, with office sales prices soaring by 38.7% year over year, as reported by ValuStrat. Additionally, asking rents experienced a notable increase of 13.3%, signaling a robust market performance in the capital city. Read more : Dubai Market Bucks Remote Work Trends with Surge in Office Space Expansion ValuStrat's...

The Abu Dhabi property market is experiencing robust growth due to increased demand, with opulent homes and apartments seeing a significant rise in prices in 2023. Data from Bayut.com, the leading real estate website in the UAE, indicates a notable uptrend in property prices in Abu Dhabi's prime neighborhoods. This upward trajectory bodes well for homeowners seeking to sell or lease their properties....