As per the latest data released by the Dubai Land Department (DLD), Tuesday witnessed a robust performance in the Dubai real estate market, with a staggering 530 sales transactions amounting to AED 2.35 billion. In addition to these sales, the day recorded 135 mortgage deals totaling AED 564.27 million and 55 gift deals with a combined worth of AED 180.68 million. Read this also : Abu Dhabi Office Sales...

Nestled between the iconic Burj Khalifa and Emirates Towers, the Dubai International Financial Centre (DIFC) spans 110 acres, boasting a seamless integration of three dynamic districts dedicated to commercial, retail, and residential pursuits. The brainchild of the DIFC Authority, this financial quarter is intricately connected by a retail corridor, with 30% of its land earmarked...

Al Qusais, one of Dubai's oldest districts, stands as a testament to rich cultural heritage and modern living. This diverse area encompasses a mix of commercial properties, including warehouses, offices, and residential apartments, offering a unique blend of traditional charm and contemporary convenience. Sub-Communities: A Microcosm of Diversity Al Qusais is divided into two primary...

Nestled in the heart of Abu Dhabi, Reem Hills emerges as an innovative AED 8 billion gated community, a groundbreaking development by Q Properties spanning an impressive 1.8 million square meters. This colossal residential project promises an unparalleled blend of luxury and tranquillity, redefining the concept of elevated living in the capital city. Here's everything you need to know about Reem Hills, set...

In an exciting collaboration, Mercedes-Benz and Binghatti Properties have unveiled their latest venture – the Mercedes-Benz Places | Binghatti luxury branded residence project at the iconic Meydan Hotel in Dubai. This exceptional development marks a fusion of automotive excellence and architectural brilliance, promising a unique living experience for residents and guests. Read this also : UAE Removes...

In a significant move, the UAE has abolished the Dh1 million ($272,294) minimum down payment previously mandatory for individuals seeking golden visas through real estate investments. The decision aims to attract more citizens and investors to establish long-term residences in the nation, signaling a shift from previous regulations. Read this also : Surge in Saudi Employment in Real Estate: Localization...

The landscape of Dubai's real estate market witnessed a notable shift in 2023, with the percentage of end-user buyers rising from 38% to 44%, according to the latest report released by Betterhomes on Thursday. Dubai recorded a staggering 120,742 residential sales transactions in the fiscal year 2023, marking a remarkable 38% increase compared to the previous record set in 2022 at 87,454 transactions....

Alphabeta Properties, a prominent UAE-based developer, has introduced its latest residential venture, M77, located in Meydan Avenue, Nad Al Sheba. This upscale project presents an array of one-, two-, and three-bedroom units with starting prices from AED 105,000 ($28,583). Read this also : Central Park Towers DIFC Unveils 116-Meter-Long Link Bridge, Transforming Connectivity Entering a new era of...

Expo City Dubai, the master developer spearheading the city's expansion, introduces its latest residential gem – Sky Residences. Nestled in the vibrant Expo Central communities, this collection of one- to three-bedroom apartments promises a blend of convenience and eco-conscious living in the heart of Dubai. Read this also : Alef Group Unveils Nama 3, a Premier Residential Project in...

In a stellar performance, the real estate markets of Dubai and Abu Dhabi reached a combined value of $124 billion (455.7 billion AED) in 2023, breaking records and showcasing the resilience of the UAE property sector. These insights, revealed in a recent study by Property Finder, illuminate the dynamic growth trajectory that both cities experienced, driven notably by a robust off-plan market. Read this...