Neymar Jr bought a penthouse worth AED 200 million at Bugatti Residences. AED100 million+ sale on Palm Jumeirah. UAE to introduce real estate degree for Emiratis at universities.
The total real estate transactions in Dubai for Week 46 reached AED 7.52 billion, 3.7% down. Off-plan contributed 54.4% or AED 4.15 billion and Ready properties contributed 45.6% or AED 3.66 billion.
Real estate has evolved from traditional methods to a tech-driven industry. PropTech innovations like AI, blockchain, and IoT are transforming the way properties are bought, sold, and managed.
Abu Dhabi’s prime areas see 25% growth in Q3 2024. This luxury villa community offers 327 units, with prices starting at Dh17.5 million. Al Ain continues to experience rental growth amid strong demand
Customers can access 3 real estate services through Dubai Now app. First phase of Dubai Exhibition Centre expansion valued at $2.7bln. $87m One Park Square development in JVC sells out in 4 hours.
Dubai real estate prices increasing for 17 quarters in a row. Joby Aviation has begun construction of the first vertiport for its Dubai air taxi. Villa rents for Dh8.5 million in Umm Al Sheif.
Dubai developers rush offplan launches ahead of any price correction. Developers dismiss oversupply concerns as demand stays strong. Is Dubai luxury real estate market ignoring middle-class potential?
The total real estate transactions in Dubai for Week 45 reached AED 7.81 billion. Off-plan contributed 53.2% or AED 4.15 billion and Ready properties contributed 46.8% or AED 3.66 billion.
Dubai's real estate sector drives economic growth, attracts foreign investment, creates jobs, and inspires development across the GCC.
Dubai's real estate market hit record sales in October, with a 798% rise since 2020. Dubai's real estate market is projected to see an 88% annualized increase in supply over the next three years.
What Trump 2.0 would mean for investors in the Middle East. Dubai's real estate market hit record highs in October 2024. Dubai’s Grade A office rents rose 25% year-on-year in Q3 2024.
Deyaar has launched Rivage, its first project on Abu Dhabi's Al Reem Island. Keturah's AED 2.8 billion Ritz-Carlton Residences, Dubai Creekside, has achieved construction milestones.
