In a recent update from Dubai's Land Department (DLD), the real estate sector showcased robust activity on January 16, witnessing a total of 525 sales transactions valued at AED 1.54 billion. The day also saw 127 mortgage deals amounting to AED 226.51 million and 19 gift deals totaling AED 89.9 million. Reas this also : Surge in Demand: Dubai’s $10 Million Plus Homes Market...

In 2023, Dubai witnessed an impressive surge in the sale of homes priced at $10 million and above, with transactions skyrocketing by over 92%, totaling 431 sales. This robust activity underscored the active participation of affluent investors in Dubai's thriving real estate market. The year saw several records shattered, and indications suggest that this trend is set to continue throughout 2024. Read...

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...

In a strategic move, Sharjah-based developer Arada has made a noteworthy entry into the dynamic Dubai real estate market by acquiring a prime Dh600 million plot in Zabeel 2. The announcement on Tuesday revealed that Arada, a prominent master developer, envisions the construction of a 50-story luxury residential tower featuring 400 upscale apartments on this expansive 138,466-square-foot plot. Read this...

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...

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...

The International Property Show (IPS) is set to mark its 20th edition in 2024, held at the Dubai World Trade Center on February 27 and 29 in collaboration with the Dubai Land Department (DLD). As Dubai continues to shine as a top real estate investment destination, IPS 2024 aims to provide a comprehensive view of the city's dynamic property landscape, showcasing its thriving real estate...

In response to escalating demand for off-plan apartments, particularly in Dubai, Aqua Properties, a prominent UAE-based real estate company, is set to launch two groundbreaking projects totaling Dh3 billion within the next six months. Ali Tumbi, the founder of Aqua Properties, highlighted the company's innovative approach and its leading role in delivering upscale apartments and strategically positioned...

Embark on a journey of opulence as Armani unveils its latest off-plan residential project on the iconic Palm Jumeirah, marking the culmination of Dubai's real estate sales for 2023. Developed by Arada, based in Sharjah, and bearing the prestigious Armani brand, this much-anticipated project, named "Armani Residences by Arada," has captured the attention of luxury property enthusiasts. Situated on the...

Get ready to experience the epitome of luxury living in Dubai's Uptown District, the city's newest high-rise hub. Ellington Properties, renowned for the success of 'UH by Ellington,' introduces two more projects near the JLT cluster, with Mercer House taking center stage. Luxury Redefined Mercer House, the latest addition, brings four penthouses and opulent apartments to the skyline. The twin towers,...