Dubai-based Azizi Developments has announced the final height of its skyscraper that’s set to be the world’s second-tallest, adding another towering addition to the emirate’s booming real estate market. The Dh6 billion ($1.63 billion) Burj Azizi Tower will stand 725 metres…
Dubai property market will see a strong pipeline of new project launches as nearly 200 additional projects are in the pipeline by different developers. New project launches reached nearly 86,000 off-plan units in the first 8 months with an aggregate…
Dubai property market will see the highest growth among major global cities this year, but high new supply could trigger a moderate correction in the short term. According to UBS Global Real Estate Bubble Index 2024 released on Tuesday, Dubai’s…
Rising demand and limited supply had propelled average office lease rates in Dubai’s key submarkets by 22.4 per cent in the first half of 2024. With Dubai Grade A office occupancy levels currently exceeding 90 per cent, there has been…
Dubai is set to introduce its own version of the iconic Sphere, with a hefty price tag of $2 billion. Named the Dubai Sphere, this ambitious project draws inspiration from the renowned Las Vegas Sphere and aims to highlight Dubai’s…
An off-plan villa has been sold for a record-breaking Dh125 million located at the Sea Mirror community located at Jumeira Bay Island in Dubai. This marked the most expensive off-plan villa sale of the year. The 5-bedroom 15,000 sqft villa,…
Danube Developers recently introduced Bayz 102, a new project that is set to dominate Dubai’s skyline and bolster urban mobility. Situated in Business Bay, this towering structure will rise 102 levels and will come with a helipad for air taxis.…
Aldar Properties on Monday announced the sell-out of Yas Riva in 24 hours, generating over Dh1.4 billion in sales. The canal front community’s location on Yas Island, its waterfront setting, and the design of its homes are all key drivers…
Dubai’s residential market continued to record strong growth in the second quarter of 2024, with property prices rising by 21.3 per cent over the past year amid tightening supply as the ‘buy-to-stay’ trend grows, according to a global property consultant.…
Off-plan sales continue to dominate Dubai real estate transactions. But developers are bringing in more aggressive tactics to woo potential buyers to their launches. Private developers in Dubai are starting to offer some of the steepest discounts on off-plan property…