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…
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…
63M Penthouse sold on Burj Azizi Launch A 63M penthouse was one of the units sold on the first day of sales of Burj Azizi. The 131-storey tower has a total of 128 units of 1, 2 and 3-bedroom penthouses.…
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 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…
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…
Dubai’s real estate market has enjoyed another busy month, recording a total of 13,502 Dubai real estate sales with an overall value of Dh40 billion in November. A market update by fäm Properties showed that apartment sales worth Dh19.9 billion…