Aldar, one of the UAE’s top real estate developers, on Tuesday reported a 24 per cent year-on-year increase in net profit after tax to Dh4.1 billion for the first-half. Net profit before tax surged 35 per cent to Dh4.7 billion,…
Around 37,000 property buyers in Dubai have become “accidental millionaires” as they bought properties for less than $1 million that are now worth more, solely due to price inflation, Dubai Property Market data showed on Tuesday. According to latest research from…
Dubai has established itself as the global capital for branded residences, spearheading a remarkable 160 per cent growth in this sector over the past decade, data shows. A Dubai-based real estate consultancy, in 2024, Dubai recorded the sale of over…
Major UAE developers are eyeing the lucrative $110.83 trillion real estate market in the United States, after their successes in the UAE market, which saw real estate transactions exceeded Dh893 billion in Dubai, Abu Dhabi, Sharjah and Ajman last year.…
Dubai Rent Prices will remain under pressure in Dubai in 2025 and 2026 due to the massive supply of over 200,000 units hitting the market and testing the absorption of the local property market, according to Fitch Ratings. “Rent prices in…
Dubai’s property market is riding a wave of resilience and reinvention in the first quarter of 2025, blending robust demand for ready homes with a thriving off-plan sector. Buoyed by a surge in investor confidence, a steady stream of tourists,…
The Ras Al Khaimah property stock is projected to double by the end of 2030 with over 11,000 units scheduled for completion, based on the supply from launches up to the end of 2024, according to a real estate consultancy.…
Dubai real estate market is witnessing a generational shift, with AI playing a key part in attracting a new wave of younger buyers. A market report reveals a steep drop in the average age of buyers over the last eight…
Dubai is trying to attract Indian property investors, who are among the top buyers locally, as the emirate is targeting Dh1 trillion in total transactions by 2033, a senior official of Dubai Land Department (DLD) said on Monday. “As part…
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…