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With $796.8 million, global private money is aiming for the real estate markets in Abu Dhabi and RAK.

With $796.8 million, global private money is aiming for the real estate markets in Abu Dhabi and RAK.

A survey claims that high-net-worth people (HNWIs) from all over the world are prepared to spend $408.3 million in Abu Dhabi and an extra $388.5 million in Ras Al Khaimah on residential real estate. Read this also: Arabian Hills Real Estate unveils a $5.9 billion project. As to the second annual Destination Dubai research by global property consultancy Knight Frank, HNWIs are showing a moderate...

Top High-End Projects to Watch in 2024

Arabian Hills Real Estate unveils a $5.9 billion project.

With great pride, Arabian Hills Real Estate Development Company has officially opened Arabian Hills Estate, its eagerly awaited flagship project. Situated on the road that links Dubai and Al Ain, this amazing project has a total value of AED 22 billion and is just 45 minutes away from the famous Burj Khalifa location. 244 million square feet make up its area. Read this also: Self-driving cars will be...

Emerging Affordable Housing Trends

Self-driving cars will be available at Abu Dhabi’s SHA Wellness Island Emirates.

The "AI-enabled autonomous transportation ecosystem" will be provided to the island community of SHA Emirates in Abu Dhabi. An agreement has been reached between Imkan Properties and Bayanat, an AI business listed on the ADX, regarding the construction of a smart mobility infrastructure at SHA Island Emirates in AlJurf. Dubbed the first "healthy living community" in the world, the island spans 380...

Oman's property market is growing.

Oman’s property market is growing.

Muscat: The National Centre for Statistics and Information (NCSI) recently issued data showing that, from OMR948 million in the same period of 2023 to OMR760.2 million at the end of April 2024, the value of real estate transactions in the Sultanate of Oman decreased by 19.8%. Read this also: Dubai’s Elevate fintech raises $5 million to capitalize on the surge in freelancing NCSI preliminary...

Dubai Market Bucks Remote Work Trends with Surge in Office Space Expansion

Dubai Market Bucks Remote Work Trends with Surge in Office Space Expansion

Dubai's commercial real estate sector is set to defy remote work expectations as it prepares to welcome 44,000 square meters of new, premium office space in free zones across the city in 2024. This proactive response comes amidst surging demand for office accommodations, reflecting Dubai's resilience and attractiveness as a business hub. A report by commercial real estate company CRC highlights the...

Dubai Real Estate Witnesses Surge in Rent Prices: Dubizzle Annual Property Market Report

Dubai Real Estate Witnesses Surge in Rent Prices: Dubizzle Annual Property Market Report

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%...

Dubai Office Space Market Defies Remote Work Expectations with 44,000 Square Meters of New Developments

Dubai Office Space Market Defies Remote Work Expectations with 44,000 Square Meters of New Developments

In a surprising move contradicting remote work expectations, Dubai is set to witness the construction of 44,000 square meters of high-quality office space in free zones during 2024, responding to the city's surging demand. Read this also : In 10 Years, Sharjah Millionaires Projected to Surge by 120%; Dubai Ranks Third in BRICS Bloc Wealth Commercial real estate company CRC's report reveals plans for...

Flag Day in the UAE: Celebrating Culture and Unity

Flag Day in the UAE: Celebrating Culture and Unity

Flag Day in the United Arab Emirates is a special occasion that transcends the mere act of raising the national flag. It's a day that encapsulates the spirit of unity, heritage, and the profound cultural history of the UAE. Every year on November 3rd, UAE residents come together to honor their beloved nation's flag, a symbol of pride and identity. Cultural History of the UAE: A Glimpse into the...

Dubai Real Estate Market Update: Transactions Soar to AED 8.2 Billion in October

Dubai Real Estate Market Update: Transactions Soar to AED 8.2 Billion in October

In the ever-vibrant Dubai real estate market, the week ending October 20, 2023, brought with it a flurry of activity. The Dubai Land Department (DLD) reported a staggering total of 1,524 property transactions, collectively valued at AED 8.2 billion. This not only underscores the resilience of the market but also indicates a robust appetite for property investment in the Emirate. Diverse Transactions...

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