UAE GAMING MARKET | WYNN Wynn Resorts CEO Craig Billing is confident in the potential of the UAE gaming market, predicting it could reach between $3 and $5 billion (Dh11 to Dh18.35 billion) over time. Speaking a conference call during…
Amid the ongoing demand for real estate in the United Arab Emirates, Dubai-listed Deyaar Development intends to introduce five new real estate projects valued at Dh8 billion ($2.17 billion) and hopes to sell Dh4 billion this year. The company, which…
Dubai’s luxury market steadied in 2024 but achieved a new record for $10 million-plus home sales. Dubai recorded 435 sales above $10 million, surpassing the 434 transactions registered during 2023, according to the latest analysis from global property consultant, Knight…
Dubai real estate market has started 2025 with strong momentum, recording AED 44.4 billion ($12.1 billion) in property sales during January. This represents a 24.1% increase in value compared to the same month last year The number of transactions also…
Dubai’s real estate sector recorded a total of 2.78 million record high transactions in 2024, the highest in its history. The record number of procedures, which include both real estate transactions and rental agreements, represent a 17 per cent increase…
Property buyers opting for a mortgage will have to shell out the Dubai Land Department (DLD) fee and brokerage fee as part of their upfront fee from next week. Real estate industry executives said that banks were previously financing DLD’s…
Dubai is building an entire city in its south as its Dh128-billion passenger terminal at Al Maktoum International Airport takes shape. Dubai South is now among the top five areas in demand for new developments across the emirate, property experts…
Property prices along Sheikh Zayed Road (SZR) and in the Al Jaddaf area are likely to increase after Dubai Land Department’s (DLD) allowed freehold ownership in the two key localities on the back of increased demand expected from investors and end-users, says…
Private property owners in Sheikh Zayed Road (from the Trade Centre Roundabout to the Water Canal) and Al Jaddaf area can now convert their properties to freehold ownership, Dubai Land Department announced. The permission to convert the form of ownership…
Dubai will soon get a new landmark – the Crypto Tower. Capitalising on the popularity of this new mode of payment and new-age technologies, Dubai Multi Commodities Centre (DMCC) and REIT Development on Wednesday launched the 17-storey Crypto Tower to…