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...

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...

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...

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...