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...

Trojan General Contracting has successfully secured a construction contract valued at AED 584 million from Q Properties, a prominent real estate developer in the United Arab Emirates and a subsidiary of Q Holding. The contract is designated for the construction of 302 townhouses and 110 twin villas within the completely sold-out Reem Hills Phase 1. Read More : UAE Property Buyers Embrace Mortgages with...

Amid a year marked by substantial growth, estimated between 23–30%, the upscale residential rental landscape in Dubai is poised for another significant upswing, with expectations of a 20% increase in 2024. Experts attribute this projected surge to various factors, including Dubai's growing allure as a haven for the affluent, heightened investor interest, an influx of professionals, and a surging...

As the New Year approaches, Dubai's property investors and landlords who have relied on short-term rentals are basking in the glow of rich rewards, with year-over-year rate increases soaring to unprecedented heights, reaching up to 50%, according to market sources. Throughout December, short-term accommodation reservations in Dubai have experienced a surge, particularly for luxury properties. A...

In a recent announcement, Azizi Developments, a prominent UAE-based real estate developer, shared a progress update on their prime project, Pearl, located in the thriving Al Furjan growth corridor in Dubai. The development has reached an impressive 80% completion and is on track to be finished by the end of Q1 2024. According to Azizi, key milestones have been achieved in the construction process. The...

In the first quarter of 2021, Dubai residents experienced an 11% year-on-year decrease in rental prices, attributed to intense competition in the residential market, according to recent data released on Monday. ValuStrat's Dubai Real Estate Review for Q1 2021 revealed that residential rents remained relatively stable compared to the previous quarter, with a marginal decrease of less than 1% during...

The International Property Show (IPS) is set to mark its 20th edition in 2024, held at the Dubai World Trade Center on February 27 and 29 in collaboration with the Dubai Land Department (DLD). As Dubai continues to shine as a top real estate investment destination, IPS 2024 aims to provide a comprehensive view of the city's dynamic property landscape, showcasing its thriving real estate...

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...

In a landmark move, Aldar Properties, the leading UAE developer, has successfully completed the acquisition of London Square, a prominent UK developer, marking its second significant foreign venture. This Dh1.07 billion deal (equivalent to 230 million pounds) underscores Aldar's commitment to accelerating growth, diversifying revenue streams, and seizing cross-selling opportunities. Visit The Properties...

In a recent conversation with The Peninsula, a prominent official revealed that the demand for both residential and commercial real estate in Qatar continues to surge, indicating a robust and dynamic market. Abdul Rahman Al Najjar, CEO of Kate Real Estate Group, highlighted the noteworthy demand in both residential and commercial sectors, driven by the abundance of available apartments and residential...