There is a significant housing boom in Dubai, where tens of thousands of new villas, townhouses, and apartments are expected to be finished and given to customers this year. Experts forecast that despite the massive influx of new apartments, demand from both domestic and foreign purchasers would drive up property prices for both ownership and rentals​ (D&B Dubai)​​ (Altitude Real...

The residential real estate industry is still growing. Record-breaking numbers of transactions were made in 2023, with sales and rental prices rising by 18% and 26%, respectively, year over year. This trend is anticipated to continue in 2024 and will be one of the real estate developments in Dubai​ (D&B Dubai)​​ (Altitude Real Estate)​. Read this also: Ras Al Khaimah has introduced Raha, a...

The residential market in the UAE has kicked off 2024 with notable vigor, signaling robust activity and absorption rates that are anticipated to sustain price appreciation in both Abu Dhabi and Dubai throughout the year. This insight comes from CBRE Middle East, a leading authority in commercial real estate services and investments. Read this also : Here’s a Sneak Peek at Dubai’s New Airport:...

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...

In the first quarter of 2024, the demand for ready properties surged in the United Arab Emirates, driven by an increasing number of tenants opting for ownership over rising rentals. Unlike the first quarter of 2023, which witnessed a surge in off-plan transactions, the first quarter of 2024 saw robust demand for existing projects in both Dubai and Abu Dhabi, according to data released by Property...

February 2024 witnessed a robust surge in Sharjah's real estate transactions, totaling an impressive $844 million, as reported by the Sharjah Real Estate Registration Department's "Real Estate Transactions and Mortgages Movement" report. Across various regions and cities, a total of 4,458 real estate transactions were recorded, underscoring the emirate's continued growth and prosperity in the property...

The Ajman Department of Economic Development has taken a significant step towards revitalizing the emirate's real estate sector by enlisting the expertise of JLL consultancy. With a formidable track record in the UAE, JLL will spearhead the development of a comprehensive strategy aimed at propelling Ajman's real estate market into a new era of competitiveness and growth. Read More : The UAE Ranks as the...

During the period from January 21 to January 25, 2024, the Department of Real Estate Registration at the Ministry of Justice facilitated real estate transactions totaling $378,728,678 in sales contracts. Read this also : Record-Breaking Real Estate Transactions Forecasted for Sharjah’s Central and Eastern Regions in 2023 Residential unit sales contracts, as reported by the Real Estate Bulletin,...

Dubai's real estate market witnessed a remarkable surge on Wednesday, as reported by the Dubai Land Department (DLD). The data reveals a total of 494 sales transactions, amounting to AED 2.18 billion. In addition, the day recorded 101 mortgage deals, totaling AED 1.07 billion, and 42 gift deals reaching a sum of AED 787.19 million. Read this Also : Discover the Anticipated Hotels in Dubai Set to Open in...

In response to escalating demand for off-plan apartments, particularly in Dubai, Aqua Properties, a prominent UAE-based real estate company, is set to launch two groundbreaking projects totaling Dh3 billion within the next six months. Ali Tumbi, the founder of Aqua Properties, highlighted the company's innovative approach and its leading role in delivering upscale apartments and strategically positioned...