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...

In a recent press release, real estate giant DAMAC Properties announced winning contracts totaling $81.74 million for its DAMAC Hills 2 project. The main works package, valued at AED 300 million, includes significant contributions from key partners. Visit the Properties for Sale with NBS Real Estate : For Sale - Click here Key Highlights: China Tiesiju Civil Engineering Group: Awarded the first...

In a groundbreaking revelation, Dubai has secured a coveted spot among the world's top 10 cities for livability, lovability, and prosperity in the World’s Best Cities Report published by Resonance. Dubai has emerged as a superior city for living, working, and thriving, surpassing renowned global cities such as San Francisco, Amsterdam, Los Angeles, Washington, Istanbul, Vienna, Toronto, Boston,...

AtkinsRéalis, the esteemed project management firm, has been appointed as the project manager for the ambitious New Murabba megaproject in Riyadh. The masterplan and design of this groundbreaking development, set to redefine Riyadh's cityscape, will benefit from the expertise and support of AtkinsRéalis. The New Murabba project, Riyadh's envisioned mega downtown, is backed by the Saudi wealth fund...

Dubai-based real estate developer Select Group has made a significant move by acquiring the Pentominium Tower, poised to become the world's tallest residential high-rise upon completion. Reviving an Icon Situated in Dubai Marina, the Pentominium Tower's development faced setbacks during the 2008 global financial crisis, leading to a temporary halt. Earlier this year, the project was put up for auction...

Get ready to experience the epitome of luxury living in Dubai's Uptown District, the city's newest high-rise hub. Ellington Properties, renowned for the success of 'UH by Ellington,' introduces two more projects near the JLT cluster, with Mercer House taking center stage. Luxury Redefined Mercer House, the latest addition, brings four penthouses and opulent apartments to the skyline. The twin towers,...

Introduction: The gleaming skyline of Dubai is a testament to its ambition and innovation. The city's real estate landscape mirrors its dynamic spirit, offering a tapestry of iconic skyscrapers, luxurious residences, and cutting-edge developments. In this comprehensive blog post, we'll embark on a journey through the Dubai real estate market, uncovering its current state, recent trends, burgeoning...