Real Estate Sales

Dubai maintains its ranking as the most transparent property market within the MENA region: JLL 2024 GRETI

Dubai maintains its ranking as the most transparent property market within the MENA region: JLL 2024 GRETI

Thanks to government initiatives to increase data openness and digitalize operations, Dubai maintains its ranking as the most transparent property market within the MENA region: JLL 2024 GRETI, with Abu Dhabi also among the top global transparency improvers. The UAE has made great progress toward more transparency in the global real estate sector; according to JLL's 2024 Global Real Estate Transparency...

Dubai Real Estate Market Sees $3.9 Billion in Transactions: A Look at Last Week’s Biggest Sales

Dubai Real Estate Market Sees $3.9 Billion in Transactions: A Look at Last Week’s Biggest Sales

One thing I've discovered about the real estate market in Dubai is that it never slows down. Dubai Real Estate Market Sees $3.9 Billion in Transactions: A Look at Last Week’s Biggest Sales, and the industry recorded an incredible $3.9 billion in transactions just last week. As I go further into these figures, I find myself thinking about how Dubai is still a top destination for real estate investors...

Record-Breaking Success: Aldar Sells Out First Two Phases of Athlon in 48 Hours, Generating AED 4.1 Billion

Record-Breaking Success: Aldar Sells Out First Two Phases of Athlon in 48 Hours, Generating AED 4.1 Billion

Aldar Properties (Aldar) recently announced the rapid sell-out of the first two phases of its innovative active living development, Athlon, within just 48 hours of its launch. The sale generated AED 4.1 billion in sales, marking a significant milestone in Aldar's entry into the Dubai real estate market in partnership with Dubai Holding, a diversified global investment company with...

Dubai's Real Estate Projects Launched Every 18 Hours in Q1 2024

Dubai’s Real Estate Projects Launched Every 18 Hours in Q1 2024

During the first quarter of 2024, Dubai has witnessed a surge in property development projects, with both local and international developers launching new projects at a remarkable pace—averaging more than one per day. According to preliminary data from Cavendish Maxwell’s Property Monitor, nearly thirty new off-plan projects were launched in March 2024, adding approximately 10,000 units to the...

Emaar Properties Announces Dh4.4 Billion Dividend at Annual General Meeting

Emaar Properties Announces Dh4.4 Billion Dividend at Annual General Meeting

Emaar Properties PJSC held its Annual General Meeting (AGM) on Monday, April 22, 2024, in Dubai. The company's shareholders approved the Board of Directors' proposal for a significant dividend payout of Dh4.4 billion ($1.2 billion), equivalent to 50 fils per share. This decision underscores the company's solid financial standing and dedication to providing value to its shareholders. Read this also :...

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