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...

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...

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, 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...

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 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...

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 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...

Palm Jebel Ali, Dubai's latest island development, has made waves in the real estate market, boasting an impressive Dh5.4 billion in home sales within a mere 40 days. The island's impact on Dubai's real estate transactions is already notable, especially as it gears up to unveil its upcoming off-plan residences, rumored to be the most expensive to date. According to official figures, more than 10 percent...

The Dubai off-plan real estate market is experiencing a significant surge in demand, making it an attractive prospect for both investors and end-users, according to property industry experts. This flourishing off-plan market indicates a favorable environment for real estate investment within the emirate. In recent times, there has been a noteworthy increase in foreign and local property buyers, with...