Palm Jumeirah has been the most sought-after area, accounting for 36.3 per cent of sales by total value, followed by Jumeirah Bay Island and Dubai Hills Estate
Dubai led prime residential capital value growth, increasing 17.4 per cent in 2023, versus the average 2.2 per cent across the 30 cities monitored by Savills
According to Knight Frank’s survey, 45 per cent of global HNWIs indicated that the emirate’s development plans enhanced its appeal as an investment destination
The funding round was led by US-based growth equity fund Affinity Partners, with new funding from KCK, Acacia Partners
The founders and employees of both businesses will join Huspy
Dubai Islands features over 20 kilometres of beaches, including a Blue Flag certified beach, approximately two square kilometres of parks and golf courses
The decree is the latest in a series of laws that have been recently passed in Dubai in relation to property
There’s a rising number of property management firms available to cater to demand, but are they all equal?
Despite a year’s delay, the expo event successfully managed to bring the world together in Dubai
The UAE capital’s property market recorded 3,304 transactions, with Yas Island topping the list followed by Al Saadiyat Island and Al Reem Island
Damac has established a new division called D-Labs which is led by Ali Sajwani and dedicated to the metaverse initiative
The ten-bedroom property with its private beach has just sold for Dhs280m
There were a total of 14,958 sales and mortgage transactions, with Yas Island topping the list with Dhs4.1bn in real estate deals
With construction complete on roughly 80 luxury homes at Chelsea Barracks, 92 per cent of the finished properties have found owners
The value of real estate sales transactions for the first 11 months of the year is 88.39 per cent more than 2020 as a whole
During the first nine months of the year, a total of 43,299 property sales transactions worth Dhs104.3bn were recorded in Dubai
The total volume of area circulated in sales transactions amounted to around 16.5 million sq ft
Villas proved more popular than apartments for mortgage purchases
It included 3,425 real estate sales transactions worth Dhs9.02bn, and 3,621 mortgage transactions valued at Dhs14.55bn
As much as 45 per cent of all transactions were off-plan
Average home prices rose 2.8 per cent in the six months to June
Main tourist areas continue to be popular
The emirate’s mortgage market has seen significant changes in the past few years, making it more accessible and attractive
The emirate’s residential market is seeing growing interest from international investors due to its robust fundamentals
Property sales surged to Dhs9.73bn in the second quarter, growing seven times over the year-ago period
The reality is that Dubai’s residential market has now shifted in favour of tenants, says Danube’s Rizwan Sajan
Dubai recorded 15,638 transactions worth Dhs36.86bn in Q2 2021
Majestic Vistas will be located within the lavish Dubai Hills Vista development
Hussain Sajwani resigned as its chairman last week after his investment firm offered to acquire 100 per cent of Damac
The 12,140 sqft villa is reportedly the most expensive Dubai villa to be sold in the past six years