Dubai Real Estate Market Review 17-Oct-2024

A Jumeirah Bay Island apartment sold for nearly AED 17,000 per square foot. Properties below AED 1 million dropped from 46% of transactions in 2018 to 29% in 2024.

Oct 17, 2024

∙ Paid

Nakheel awards $1.36 billion in contracts for luxury villa construction on Palm Jebel Ali

Nakheel has awarded contracts worth over AED 5 billion for constructing 723 ultra-luxury villas on Palm Jebel Ali, set for completion by 2026. The project, involving Ginco, Shapoorji Pallonji, and UNEC, aims to enhance Dubai's waterfront living and economic growth.

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