Dubai's real estate market is poised for robust growth, with projections indicating the delivery of over 35,000 new residential units by the year-end, as per a recent study by JLL. This surge in housing supply is attributed to buoyant investor demand, driven by innovative product offerings, attractive payment options, and recent adjustments to the golden visa requirements. Read...

Dubai Investments has launched construction on a new residential and hotel tower project in Ras Al Khaimah, located in the northern emirate. The expansive project spans 90,000 square meters and features 40,000 square meters of beachfront, including 189 villas. Situated on Al Marjan Island, the development is known as Danah Bay and involves an investment of AED 1 billion ($272 million). This includes the...

Abu Dhabi's real estate landscape witnessed significant growth in the fourth quarter of 2023, with office sales prices soaring by 38.7% year over year, as reported by ValuStrat. Additionally, asking rents experienced a notable increase of 13.3%, signaling a robust market performance in the capital city. Read more : Dubai Market Bucks Remote Work Trends with Surge in Office Space Expansion ValuStrat's...

Emaar Properties, Dubai's largest publicly traded developer, has announced a remarkable 70% year-over-year increase in net profit for the fiscal year 2023, solidifying its position as a key player in the real estate market. Read this also : Aldar Properties Reports 40% Increase in 2023 Net Profit, Declares Dh1.3 Billion Dividends The real estate giant experienced impressive growth in 2023, with...