Developer Union Properties, a well-known company in Dubai, announced a Dh18.3 million net profit for the first quarter of 2024, reinforcing its plans for Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024. This favorable result demonstrates the success of its strong operating plans and cost-cutting initiatives, highlighting the business's triumphant comeback...

The luxury residential real estate market in Dubai has experienced the fastest growth rate in the world in 2023, and with Why Dubai is Cheaper for $2M Property Deals Than Major Cities, it is predicted to continue its strong performance in 2024, surpassing almost all major cities. Read this also: The real estate boom in Dubai increases Emaar’s net profit to Dh7.8 billion, up 33%. In recent years,...

Dubai's Property Market: Among the Fastest-Growing in the World : One of the real estate markets with the quickest rate of growth in the world is quickly emerging: Dubai. In terms of property market growth, the emirate is ranked with cities like Bangkok, Berlin, Stockholm, Hong Kong, Jakarta, Paris, and Warsaw, according to JLL's Global Real Estate Perspective. Read this also: The Impact of Technology...

After three consecutive years of substantial growth, Dubai’s Real Estate Market on a Hot Streak.  Dubai’s home prices have continued to rise in the first half of 2024. Knight Frank's July 8 report highlights a record of 431 homes priced above US$10 million sold in 2023 and an additional 190 sales in the first half of 2024. In the higher price bracket, homes above US$25 million saw a 25% increase,...

Dubai's real estate industry continues to draw in foreign investors because of its strong economic base and rapid growth. Potential investors should take advantage of the exciting times ahead as a number of trends and advancements in 2024 are reshaping the market. This in-depth guide will examine the best places to invest in Dubai, with an emphasis on current market trends and forecasts. Overview The...

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...

Ajman, Sharjah, and Ras Al Khaimah are emerging as vibrant real estate hotspots in the UAE, offering lucrative investment opportunities for savvy investors. According to dubizzle’s annual property market reports, these emirates are witnessing significant growth in both sales and rentals, making them attractive destinations for property buyers and investors alike. Read More : Investing in Dubai Real...

Market analysts at Mordor Intelligence forecast a promising trajectory for Qatar's residential real estate market, estimating its value to reach $4.28 billion by 2024, with a projected compound annual growth rate (CAGR) of 6.24% over the subsequent five years. The industry encountered setbacks amid the global pandemic, leading to delays and cancellations of residential projects. However, Qatar's robust...

DMCC, a flagship free zone and Government of Dubai Authority on commodities trade and enterprise, is expanding its real estate portfolio with the commencement of the second phase of Uptown Dubai. The groundbreaking ceremony, led by Swissboring Overseas Piling Corporation for foundation and enabling work, marks a significant milestone in the development. Read this also : Yas Holding’s Taraf Launches...

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...