In a stunning display of the strength and exclusivity of Dubai’s luxury property market, a plot on the prestigious Jumeira Bay Island has shattered previous records, selling for an astounding Dh182 million (approximately $50 million). The 25,441 square feet plot…
Land deals emerged as a major factor in Dubai real estate market in the first quarter, recording a 193.8 per cent jump in plot sales worth Dh35.5 billion from 2,926 transactions. Dubai’s real estate market has continued its buoyant start…
In another landmark deal in Dubai’s booming real estate market, a residential plot of land has been sold for Dh182 million (approximately $50 million) on the Jumeirah Bay Island. The prime land plot, spanning 25,441 square feet, was sold at…
As the Dubai property market boom continues, Palm Jebel Ali is emerging as one of the most exciting real estate opportunities in the world, offering global investors a chance to secure prime waterfront assets at early-stage prices. Iconic Palm Jebel…
Three plots of land in Downtown Dubai have been sold for a combined profit of Dh715 million, highlighting the incredible growth and investment potential of the city’s real estate market. The three transactions, all completed within the space of five…
Rents in Dubai South and communities along Sheikh Mohammed bin Zayed Road saw the highest increase in 2024, jumping up to 30 percent, according to the latest data released by Cavendish Maxwell. Average rents were up in most Dubai residential…
DUBAI – The UAE’s payments industry is poised to achieve significant growth, with total UAE Payment revenues projected to reach $27.3 billion by 2028, according to the latest Global Payments Report 2024 by Boston Consulting Group (BCG). Despite a global…
Ramadan is a time of generosity, reflection, and new beginnings, a season when traditions of giving and prosperity take centre stage. In this spirit, DAMAC Properties has conceptualised an exclusive opportunity for high-net-worth investors to participate in Dubai’s flourishing real estate market…
The UAE’s Artificial Intelligence market is set to grow from $3.47 billion last year to a staggering $46.3 billion by 2030, with the sector forecasted to contribute 14% to the country’s GDP by 2030, equating to approximately $100 billion, said…
Dubai: The master-developer Aldar has released its third residential community – The Wilds – in Dubai, and true to the name basing the design around a lot of green and other natural settings. The project is located along Sheikh Mohammed…