Real Estate Market Trends

Unveiling Dubai's $3 Billion Megaproject: Al Habtoor Tower, Set to Join World's Tallest Residential Buildings

Unveiling Dubai’s $3 Billion Megaproject: Al Habtoor Tower, Set to Join World’s Tallest Residential Buildings

Dubai's skyline is set to welcome another iconic addition with the commencement of construction on the $3 billion Al Habtoor Tower, poised to become the emirate's next globally renowned landmark. Located off the Sheikh Zayed Road, Al Habtoor Tower is slated to soar to a height of 345 meters upon its completion, boasting 81 floors and over 1,700 units. Scheduled for delivery by...

Launch of Al Janoub Gardens Residence Phase 2 by Ezdan Real Estate in Qatar

Launch of Al Janoub Gardens Residence Phase 2 by Ezdan Real Estate in Qatar

Ezdan Real Estate has unveiled the eagerly awaited second phase of Al Janoub Gardens Residence in Qatar, marking another milestone in the development's journey. This latest phase introduces 775 residential units of diverse sizes, following the successful leasing of all 880 units in the initial phase. Read this also : S&P Forecasts Rise in Saudi Developers’ Profits and...

Attal Holding and Arab Contractors Forge Strategic Partnership for Property Development

Attal Holding and Arab Contractors Forge Strategic Partnership for Property Development

Two prominent players in Egypt's real estate sector, Arab Contractors and El Attal Holding, have joined forces through strategic partnership agreements aimed at advancing a diverse portfolio of property projects across the country. Ahmed El Attal, Chairman of El Attal Holding, emphasized the significance of this collaboration, citing the company's rich heritage and extensive expertise spanning over 76...

Dubai Real Estate Leading the Sustainability Movement

Dubai Real Estate Leading the Sustainability Movement

The UAE's real estate market is projected to reach a staggering $710 billion by the end of 2024. Embracing sustainability is becoming increasingly crucial for Dubai's real estate industry, aligning with the ambitious goals outlined in the UAE Net Zero 2050 and Dubai 2040 Urban Masterplan. Dubai stands as a global leader in sustainability, ranking third worldwide with over 400 projects certified by LEED....

Luxury Living in Dubai: Branded Residences Lead the Market with 100% Rental Premiums

Luxury Living in Dubai: Branded Residences Lead the Market with 100% Rental Premiums

In Dubai, the allure of branded residences has sparked a real estate boom, with rents soaring up to 100% higher than non-branded counterparts. The driving force behind this surge lies in the opulent amenities offered by these exclusive developments and the growing demand from affluent buyers seeking premium living experiences. Read this Also : Dubai International Financial Centre (DIFC) Area Guide: The...

Surge in Demand: Dubai's $10 Million Plus Homes Market Skyrockets by Nearly 100% in 2023

Surge in Demand: Dubai’s $10 Million Plus Homes Market Skyrockets by Nearly 100% in 2023

In 2023, Dubai witnessed an impressive surge in the sale of homes priced at $10 million and above, with transactions skyrocketing by over 92%, totaling 431 sales. This robust activity underscored the active participation of affluent investors in Dubai's thriving real estate market. The year saw several records shattered, and indications suggest that this trend is set to continue throughout 2024. Read...

Dubai's Record-Breaking Super Penthouse, Complete with Mini Golf and Cinema, Hits the Market at Dh600 Million

Dubai’s Record-Breaking Super Penthouse, Complete with Mini Golf and Cinema, Hits the Market at Dh600 Million

In a bold move that has captivated luxury real estate enthusiasts, Emerald Palace Group (EPG) has officially listed Dubai's largest penthouse for sale at a staggering Dh600 million. The Super Penthouse R1, spanning the top three floors and rooftop of Raffles The Palm Dubai Residences, sets a new benchmark in Dubai's real estate history with a colossal built-up area of 77,707 square feet. Read this :...

Palm Jebel Ali: A Billion-Dollar Marvel Transforming Dubai's Real Estate Landscape

Palm Jebel Ali: A Billion-Dollar Marvel Transforming Dubai’s Real Estate Landscape

In a remarkable testament to its allure, Palm Jebel Ali, Dubai's newest island, has swiftly carved a niche in the city's real estate landscape, with home sales soaring to an astonishing Dh5.4 billion in less than two months. The island's upcoming off-plan residences, rumored to be the most expensive to date, are poised to further elevate its status. Official figures reveal that the total sales of units...

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