Key Trends such as safety and security, infrastructure development, population growth, high capital appreciation and rental income as well as affordability will continue to drive Dubai’s real estate market in 2025. In addition, several upcoming projects are expected to further…
The UAE’s commercial property market is undergoing a profound transformation, with the country’s appeal to international businesses stronger than ever. In the first half of 2024, about 34,075 new companies registered in Dubai, marking a 5 per cent increase year on…
Authorities say a new bridge opened in Dubai’s Hessa Street will significantly reduce the travel time in one of the city’s most notorious areas for heavy traffic. The two-lane bridge, which spans 1km, will enhance traffic flow between Hessa Street and the Al Khail…
Property buyers in the UAE who opt for a mortgage in dubai, should take term insurance, an industry executive has said. This provides an additional layer of security to the lender and the borrower’s family, the executive added. As demand…
Dubai’s ultra-luxury real estate market added another feather in its cap, with a nine-bedroom dream mansion in Hills Grove, Dubai Hills Estate, selling for a record-breaking Dh200 million. This surpasses the firm’s previous record of Dh145 million set less than…
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…
Emaar Properties To Distribute 100% Of Share Capital Emaar Properties PJSC has decided to distribute 100 per cent of its share capital as dividends for the year 2024 amounting to Dh8.8 billion. This is an 100 per cent increase in…
In another boost to Dubai’s ultra-luxury real estate market, a five-bedroom beachfront Signature Palm Jumeirah Villa at Six Senses has been sold for a staggering Dh130 million. This landmark transaction represents the highest sale achieved in the project and secures…
Dubai villa prices have gained 31.9 per cent on annualised basis, a study showed on Monday. According to ValuStrat’s Dubai report for November, the Greens joined Palm Jumeirah in crossing decade-long price peaks. In November 2024, the ValuStrat Price Index…
Abu Dhabi’s biggest real estate developer Aldar has purchased a commercial tower for Dh2.3 billion ($626 million) at the Dubai International Financial Centre amid higher demand for office space in Dubai. Aldar acquired the 40-storey tower, due for completion in 2028, from H…