30 Jan, 25 In 2024, Dubai’s real estate market attracted 110,000 new investors, growing by 55% According to Invest-Gate, Dubai’s real estate market had tremendous expansion in 2024, drawing 110,000 new investors—a 55% rise from the previous year. While registered real estate investments amounted to more than AED 526 billion... Read More propertynews
27 Jan, 25 UAE President declares 2025 as the Year of Community The Year of Community aims to strengthen family and community bonds by preserving cultural heritage, nurturing intergenerational ties, and creating inclusive spaces that foster collaboration, belonging, and shared experiences. It also encourages all who call the UAE home to actively contribute to society through community service, volunteering, and impactful initiatives, promoting a culture of shared responsibility and driving collective progress... Read More WAM
20 Jan, 25 Dubai Land Department enables private property owners on Sheikh Zayed Road and Al Jaddaf to convert to freehold ownership Dubai Land Department (DLD) announced that the private property owners in Sheikh Zayed Road area (from the Trade Centre Roundabout to the Water Canal) and Al Jaddaf area can now convert their ownership status to freehold to all nationalities. A total of 457 plots are eligible for conversion to freehold: 128 plots along Sheikh Zayed Road and 329 plots in Al Jaddaf... Read More E247
24 Jun, 24 Property prices surge by 15% in Dubai South and neighbouring areas The recent announcement of a major expansion project at Al Maktoum International Airport has sparked a significant surge in Dubai's real estate market, particularly in Dubai South and surrounding areas. Industry reports indicate a notable 15% increase in property prices within the vicinity, driven by heightened investor interest and anticipated demand... Read More D&B Properties
23 Jun, 24 Who will invest in Dubai's property market in future and why Investors from Australia, the UK, Europe, North America, Turkey and Iran will lead the Dubai property market’s next growth cycle, attracted by higher returns than any major markets, a tax-free environment, rising taxes in those markets and a challenging environment in those countries.... Read More Waheed Abbas
22 Jun, 24 Dubai Real Estate’s Resilience May Signal End of Boom-Bust Cycle Dubai’s red-hot real estate market is defying predictions of a slowdown, in a sign that the Middle Eastern business hub might be breaking free from its boom-and-bust cycles. “Prices are continuing to rise and the transient nature of Dubai seems to be well and truly over,” Taimur Khan, the head of research at global property advisory firm CBRE Group Inc., said.... Read More Zainab Fattah
22 Jun, 24 Buying off-plan vs ready properties in Dubai This comprehensive guide compares and contrasts ready-to-move-in alternatives with off-plan homes in Dubai's ever-changing real estate market. Using an analysis of investor preferences, market trends, and important factors, this article enables you to make well-informed choices about your Dubai real estate investment... Read More E247
20 Jun, 24 A magnet for global wealth In a world increasingly defined by its urban centers, Dubai has cemented its position as a premier destination for high-net-worth individuals (HNWIs) seeking real estate investments. Knight Frank’s recent Destination Dubai report reveals an astounding $4.4 billion earmarked for investment in Dubai’s residential market by the global elite, 76 percent up on 2023..... Read More Faisal Durrani and Shehzad Jamal
21 June, 24 Dubai property market is reaching for new peaks – these factors can help speed it up The UAE real estate market keeps reaching out for unprecedented heights, driven by a combination of strategic government initiatives and investor dynamics. In Q1-2024, sales transactions soared past 65,000, doubling on Q1-2023 figures and triple those of Q1-2022. The transacted value reached Dh186 billion, doubling that of 2022 and surpassing the Dh150 billion of Q1-2023. May 2024 alone shattered past records in Dubai, with a remarkable Dh45 billion in transactions... Read More Firas Al Msaddi
20 Jan, 24 Property sales shatter records in 2023 with over 120,000 transactions, says new report. Property prices reflected the surging demand, climbing by an estimated 18 percent on average across Dubai. The Dubai property market smashed through numerous records in 2023, cementing its status as one of the world’s most robust and attractive residential investment destinations. According to the recently released Dubai Real Estate Market Report... Read More Staff Writer
19 Jan, 24 Rich homebuyers help lift Dubai's luxury real estate to $7.6 billion The luxury real estate market in Dubai is booming, with the world's wealthiest individuals increasingly eager to snatch up properties in the UAE emirate. Sales of luxury homes in Dubai skyrocketed to an impressive $7.6 billion last year, marking a new pinnacle in the city’s status as a global hub for high-end real estate buyers. The super-rich are shopping for homes somewhere warm and amenable – and Dubai is the perfect place. Dubai’s prime residential market stands... Read More Knight Frank
15 Jan, 24 Dubai Sales of $25 Million Homes Double as Global Elite Move In Sales of homes worth $25 million or more doubled in Dubai last year after some of the world’s wealthiest people snapped up homes in the Middle East’s business and tourism hub, according to property consultant Knight Frank LLP. A total of 56 ultra-luxury homes worth $2.27 billion were sold in the city in 2023, up from 28 properties worth $1.24 billion a year earlier. Most of those properties, 22, were on Dubai’s man-made palm-shaped Palm Jumeirah island and 15 were on the seahorse-shaped Jumeirah Bay island. Read More Zainab Fattah