Revenues stood at Dhs2.68bn in Q1 2022, a year-on-year growth of 31.5 per cent
Real estate sales in the metaverse reached $500m in 2021 and it’s projected to grow at a CAGR of 31 per cent from 2022 to 2028
Damac has established a new division called D-Labs which is led by Ali Sajwani and dedicated to the metaverse initiative
Rawabi Holdings has established Magnom Properties, the real estate vertical of the company, to oversee the construction of projects in the MENA region
The development of a new housing complex in Al Khawaneej area 2, which will include 1,100 residential villas, was also approved
The recovery is led by Business Bay in Dubai, where average office rents have climbed from Dhs76 per sq ft in Q1 2020 to Dhs101 per sq ft at present
CBRE stated that the first quarter saw off-plan sales increase by 94.6 per cent and secondary market sales grow by 76.1 per cent over the previous year
Over the years, more complex technological tools have found their way into the real estate industry, changing the way properties are constructed, sold, and managed
D&B Properties has grown from a real estate agency that started off exclusively selling off-plan to a multipurpose holding firm with several divisions
The ten-bedroom property with its private beach has just sold for Dhs280m
Aldar Properties plans to use the plot on Saadiyat Island for a mixed-use development project, which will have 2,700 units including villas
Aldar has also secured development rights for an additional 250,000 sq ft of gross floor area for residential and commercial use as part of the deal
The market is seeing a rise in first-time buyers, taking 80 per cent loan-to-value mortgages, payment plans and offers from developers
The emirate’s sustainable communities come with high projected rental yields
Cordoba, which is part of the first phase of Bloom Living in Abu Dhabi, is scheduled for completion by the fourth quarter of 2024
Early indicators show positive trends for the secondary residential market
Located 20 minutes from Downtown Muscat, the project is spread over a total area of 11 million sq m, and will comprise of 3,500 residential units and two hotels
The first sale globally was to a senior banking executive in Dubai
The investments were spread across 80 properties in the UK, Germany, the Netherlands, Italy and Belgium
Looking to list your home as a short-term or long-term rental property, or planning to rent a property for a year or more? The CEO of Dubai-based property management firm, Frank Porter, shares the pros and cons
The community is located close to Zayed City and the Abu Dhabi International Airport
Buyers expect a certain amount of sustainability in their homes and commercial buildings
Les Vagues will feature 70 one-, two- and three-bedroom sea-front residences
Husni Al Bayari, chairman and founder of D&B Properties as well as portal, houza, shares his outlook for the real estate sector
The North Island will be constructed in Phase 1 and will consist of 240 villas, ranging from two- to seven-bedrooms, with prices starting from Dhs1.2m
Located within Saadiyat Grove, Louvre Abu Dhabi Residences will feature 400 apartments including five penthouses
Despite the impact of the pandemic, luxury homes in Dubai remain in high demand
Dubai’s real estate market emerged as one of the top-performing sectors in 2021. This year also started off on a great note, but will the upward trend persist? Lynnette Sacchetto, director of Research and Data at Property Finder, shares the market outlook
The eighth edition of the Property Finder Real Estate Awards celebrated the UAE’s leading brokerages and agents, acknowledging their tenacity and innovative solutions
Al Hamra’s growth plan includes enhancing its hospitality and retail offerings, and developing vertical and horizontal real estate assets