Dubai has emerged as the wealthiest city in the Middle East, boasting a population of 72,500 millionaires according to a report by global intelligence provider New World Wealth and Henley & Partners. The city ranks 21st among the wealthiest cities globally, with a notable increase in the number of millionaires—78%—over the past decade. Read this also : Ohana Development...

The UAE's real estate market is projected to reach a staggering $710 billion by the end of 2024. Embracing sustainability is becoming increasingly crucial for Dubai's real estate industry, aligning with the ambitious goals outlined in the UAE Net Zero 2050 and Dubai 2040 Urban Masterplan. Dubai stands as a global leader in sustainability, ranking third worldwide with over 400 projects certified by LEED....

Knight Frank's latest report highlights a notable trend in the luxury residential property market, with prices continuing to rise in 2023 despite declining trends in other major cities like New York and London. According to the report released on Wednesday, luxury property prices globally experienced a 3.1% increase, fueled by double-digit gains in cities such as Manila and Dubai, which offset declines...

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...