Dubai market trends

The Evolution of Dubai Real Estate in the Last 20 Years

The Evolution of Dubai Real Estate in the Last 20 Years

I'm genuinely in awe at the remarkable development of Dubai's real estate over the past 20 years. Twenty years ago, the skyline was just a small group of buildings; now, it is a collection of amazing structures. If you're wondering how we got here, let's examine The Evolution of Dubai Real Estate in the Last 20 Years in more detail, emphasizing significant turning points and patterns that have influenced...

How Global Economic Trends Affect Dubai's Property Market

How Global Economic Trends Affect Dubai’s Property Market

Dubai's real estate industry has always been a dynamic, constantly changing environment. The city doesn't exist in a bubble, even though it is still a center for opulent living and ambitious expansion worldwide. Similar to other significant real estate markets, How Global Economic Trends Affect Dubai's Property Market is something investors must consider. I'll explain in this blog how these trends impact...

Dubai maintains its ranking as the most transparent property market within the MENA region: JLL 2024 GRETI

Dubai maintains its ranking as the most transparent property market within the MENA region: JLL 2024 GRETI

Thanks to government initiatives to increase data openness and digitalize operations, Dubai maintains its ranking as the most transparent property market within the MENA region: JLL 2024 GRETI, with Abu Dhabi also among the top global transparency improvers. The UAE has made great progress toward more transparency in the global real estate sector; according to JLL's 2024 Global Real Estate Transparency...

Dubai Real Estate Market Sees $3.9 Billion in Transactions: A Look at Last Week’s Biggest Sales

Dubai Real Estate Market Sees $3.9 Billion in Transactions: A Look at Last Week’s Biggest Sales

One thing I've discovered about the real estate market in Dubai is that it never slows down. Dubai Real Estate Market Sees $3.9 Billion in Transactions: A Look at Last Week’s Biggest Sales, and the industry recorded an incredible $3.9 billion in transactions just last week. As I go further into these figures, I find myself thinking about how Dubai is still a top destination for real estate investors...

Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024

Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024

Developer Union Properties, a well-known company in Dubai, announced a Dh18.3 million net profit for the first quarter of 2024, reinforcing its plans for Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024. This favorable result demonstrates the success of its strong operating plans and cost-cutting initiatives, highlighting the business's triumphant comeback...

Union Properties Achieves Land Disposal Success in Dubai, Eyes Further Growth

Union Properties Achieves Land Disposal Success in Dubai, Eyes Further Growth

Union Properties, a leading developer in Dubai, is making strategic moves by selling non-core land assets, signaling a significant milestone in its turnaround strategy and garnering substantial financial support. Click Here to Read More : Binghatti’s $300 Million Sukuk Issuance Receives Strong Investor Response Having already disposed of assets worth over Dh500 million, Union Properties emphasizes...

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...

Dubai's Real Estate Soars with AED 4 Billion in Transactions on Wednesday

Dubai’s Real Estate Soars with AED 4 Billion in Transactions on Wednesday

Dubai's real estate market witnessed a remarkable surge on Wednesday, as reported by the Dubai Land Department (DLD). The data reveals a total of 494 sales transactions, amounting to AED 2.18 billion. In addition, the day recorded 101 mortgage deals, totaling AED 1.07 billion, and 42 gift deals reaching a sum of AED 787.19 million. Read this Also : Discover the Anticipated Hotels in Dubai Set to Open in...

Anticipated Surge: Dubai Property Sales Projected to Exceed $108 Billion in 2023

Anticipated Surge: Dubai Property Sales Projected to Exceed $108 Billion in 2023

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...

A Historic Land Sale in Jumeirah Golf Estates Surpasses Dh300 Million

A Historic Land Sale in Jumeirah Golf Estates Surpasses Dh300 Million

In a landmark deal that has sent ripples through Dubai's real estate landscape, AveNew by RH, Pride and Property, and Landsmith Real Estate have successfully concluded a massive land sale transaction in the prestigious Jumeirah Golf Estates, exceeding a staggering Dh300 million. This substantial transaction, one of the largest in Dubai's recent history, underscores the surging demand for properties...

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