Damac Properties, a leading international real estate developer headquartered in the United Arab Emirates, has announced its expansion into the Asia-Pacific (APAC) region with the opening of new offices in Beijing and Singapore. This strategic move marks Damac's commitment to expanding its global presence and investing significantly in the APAC market. Read this also : Flydubai to Begin Operations in...

Bloom Holding, a leading real estate development company in the United Arab Emirates, announced the complete sellout of Olvera, the latest phase of the Bloom Living community. The rapid sales reflect strong interest from both buyers and investors in the townhouses offered in this sixth phase of the development. Read this also : Jumeirah Unveils New Brand Identity Amid Major...

The real estate market in Abu Dhabi has experienced significant growth in the first quarter of 2024, driven by strong interest from foreign investors and rising sales prices, especially in high-end neighborhoods. Data from Bayut, a leading UAE real estate portal, indicates an increase of up to 6% in luxury apartment and villa sales prices in sought-after areas. On Saadiyat...

In the first quarter of 2024, Ajman’s real estate sector saw a total transaction value of AED 4.3 billion, marking an impressive 26.6% growth compared to the same period in 2023. Read this also : A partnership between Aldar and Siemens makes Saadiyat Grove Abu Dhabi’s leading smart project Sheikh Abdulaziz bin Humaid Al Nuaimi, the Chairman of the Department of Land and Real Estate Regulation in...

Dubai's real estate market is on an extraordinary upswing, driven by a substantial increase in capital inflows during the first quarter. It is projected that by 2025, high-net-worth individuals (HNWI) will contribute to a 24.6% increase in Dubai's real estate market, propelling the ultra-luxury segment to unprecedented levels. In the first quarter, the residential real estate market in Dubai reached...

In March 2024, the real estate sector in Ajman experienced a substantial surge, with transactions totaling AED 1.46 billion, marking a noteworthy increase of over 49.9% compared to the same period in 2023. Engineer Omar bin Omair Al Muhairi, the Director General of the Department of Land and Real Estate Regulation in Ajman, revealed that 1169 transactions took place during this period. Notably, the Al...

Industry experts convened at a panel discussion foresee continued growth in the UAE's real estate market throughout 2024, despite global economic uncertainties. Projections indicate that Dubai and Abu Dhabi will collectively contribute approximately 34,000 and 8,000 units, respectively, to the burgeoning real estate landscape. Read this also : Zayed Housing Programme: A Key Contributor to Housing...

The Abu Dhabi Real Estate Centre (ADREC) has revealed a historic milestone, reporting record-breaking real estate transactions totaling AED87.1 billion ($23.7 billion) in Abu Dhabi last year. According to the Department of Municipalities and Transport (DMT), the value of buying and selling activities skyrocketed by an impressive 159.5 percent, reaching AED61 billion ($16.6 billion) compared to...

In a remarkable surge, the Abu Dhabi real estate market achieved unprecedented heights last year. With transactions totaling AED 87.1 billion (equivalent to $23.7 billion), the sector demonstrated robust growth and resilience. Let’s delve into the key highlights of this remarkable journey. Read More : Elevating Dubai’s Commercial Real Estate Landscape: Trends and Insights 1. Tremendous Growth in...

In a bid to bolster Ajman's real estate sector and attract increased foreign investment, the Ajman Department of Economic Development has enlisted the expertise of JLL consultancy to devise a transformative strategy. With a rich history of operations in the UAE, JLL is poised to contribute significantly to the rejuvenation of Ajman's real estate landscape with innovative strategies tailored for sustainable...