Real Estate Market

UAE Real Estate Yields Expected to Remain Strong: Study

UAE Real Estate Yields Expected to Remain Strong: Study

A recent report released on Wednesday reveals that prime residential real estate in the United Arab Emirates is poised to yield between 6.25% and 7%. According to CBRE Research’s 2024 Market Outlook for Middle East real estate, residential properties are projected to yield between 7% and 7.5%. Within the office sector, the anticipated yields for prime offices range from 6.5%...

Rise in Luxury Property Prices in Dubai and Manila Defies Global Trends: Knight Frank Report

Rise in Luxury Property Prices in Dubai and Manila Defies Global Trends: Knight Frank Report

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...

Binghatti Heights Project in JVC Surpasses Expectations, Completed Ahead of Schedule

Binghatti Heights Project in JVC Surpasses Expectations, Completed Ahead of Schedule

Binghatti Developers, a prominent real estate and property development company based in Dubai, has achieved a remarkable feat by completing the Binghatti Heights project ahead of schedule. This project, nestled in Jumeirah Village Circle (JVC), comprises 365 residential units and reflects the company's commitment to excellence in the dynamic Dubai real estate market. Read this : Qatar’s Real Estate...

Surge in Demand for Prime Residential Areas in Qatar during Q3 2023

Surge in Demand for Prime Residential Areas in Qatar during Q3 2023

In Q3 2023, the demand for key residential areas in Qatar reached unprecedented levels, driven by the allure of the nation's prime locations. Tenants seeking proximity to the business center increasingly opted for downtown residential hubs such as Lusail, West Bay, Pearl, and others. Hapondo, a leading realty platform in Qatar, revealed in a recent market analysis that convenience plays a pivotal role...

Record-Breaking Sale: Palm Jumeirah Plot Fetches Dh940 Million in Landmark Deal

Record-Breaking Sale: Palm Jumeirah Plot Fetches Dh940 Million in Landmark Deal

Dubai's real estate landscape witnesses history as a staggering Dh940 million deal seals the fate of a 261,712 square-foot plot in the prestigious Palm Jumeirah, part of the Royal Amwaj project. Luxury Unveiled As per Dubai Land Department data, the plot's remarkable Dh3,591 per square foot sets a new standard in opulent living. The ripple effect of this transaction is palpable, igniting a surge in real...

Naya at District One: Your Gateway to Resort-Style Living in Dubai

Naya at District One: Your Gateway to Resort-Style Living in Dubai

Imagine waking up to the soothing sounds of nature, with pristine waters glistening in the morning sun. What if we told you that this dream could be your reality in the heart of Dubai? Thanks to Meydan, a global leader in real estate development, your dream is closer than you think. They've just unveiled their latest masterpiece, Naya at District One, a residential project that's more like a luxurious...

How to Pick the Right Builder? Assessing Dubai Real Estate Developers

How to Pick the Right Builder? Assessing Dubai Real Estate Developers

Introduction: Investing in real estate is a significant decision, and choosing the right builder can make all the difference between a successful and satisfying experience and a costly mistake. In Dubai's dynamic real estate market, where numerous developers offer an array of projects, finding the perfect builder can be overwhelming. Fear not! This comprehensive guide is here to help you navigate the...

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