Dubai’s real estate market presents a compelling opportunity for global investors and residents alike. With its steady market growth and strategic position as a business hub at the crossroads of Europe, Asia, and Africa, the city attracts a diverse clientele seeking luxury and innovation.
Real Estate
New Board Appointed to Drive Growth Strategy At its Annual General Meeting (AGM) in Dubai on April 22, 2024, Emaar Properties announced that its shareholders unanimously approved a substantial dividend of 50 fils per share, amounting to a record AED4.4 billion ($1.2 billion). This declaration, a testament to Emaar’s robust profitability and commitment to shareholder
Affected By Dubai’s Recent Severe Weather In response to the severe rainstorm that swept through Dubai Emirate in the United Arab Emirates starting on April 16, 2024, Emaar Properties has announced an initiative to alleviate the burden on its affected community residents. The real estate giant has pledged to shoulder all expenses associated with repairing […]
JLL, a leading professional services firm specialised in real estate, investment management, and development consultancy services, has announced the appointment of Ahmed Hemmat as the new Head of Project & Development Services (P&DS) Egypt. Ahmed brings over 20 years of experience in the construction and mixed-use development sector, with an impressive track record
Development value rises to AED73 billion Emaar Properties has unveiled a substantial expansion of its flagship residential project, The Oasis by Emaar, reaffirming its dedication to redefining luxury living standards. This Dubai-based development has witnessed a remarkable 108% increase in lush landscapes, propelling the total development value from AED34 billion to AED73
As the UAE continued to demonstrate resilience in the face of challenging global economic conditions, the real estate sector witnessed robust growth across all the major asset classes in 2023, revealed JLL’s ‘A Year in Review’ UAE report. Faraz Ahmed, Research Director at JLL MENA, said: “Throughout 2023, the UAE’s real estate industry remained a top […]
While the UAE has been consistently launching green initiatives and projects, and setting bolder targets that are both pro-climate and pro-growth tofulfil its climate commitment, stakeholders in the real estate industry must take decisive action to safeguard their assets and secure long-term returns, highlighted JLL at a briefing held today ahead of the upcoming COP28.
In alignment with the UAE’s preparations to commemorate its 52nd Union Day, the Real Estate Regulatory Agency (RERA), an agency of Dubai Land Department (DLD), has partnered with the Innovation Experts Real Estate Institute to introduce an initiative aimed at empowering citizens in the real estate sector. This initiative involves offering 52 training scholarships for […]
In line with the transformative initiatives undertaken by Dubai, and under the directives of its wise leadership to enhance its position among the best economic cities in the world, Dubai Land Department (DLD) hosted a strategy workshop, ‘Global Model for Communities of the Future,’ on 14 and 15 November at Jumeirah Mina A’Salam Hotel. The […]
The ongoing dynamic of robust demand and limited supply of office space is driving the performance of the UAE’s office sector. Whilst this is empowering landlords in both Dubai and Abu Dhabi, the completion of new projects is easing the upward pressure on the sector, according to JLL’s Q3 2023 UAE Real Estate Market Overview. […]
In line with Vision 2030 to transform Riyadh into one of the most sustainable cities in the world, the real estate industry must proactively contribute towards shaping a more human-centric, sustainable and innovative city, revealed JLL at a roundtable held recently in the capital. This will be essential not only in long-term asset value creation, […]
SG Recruitment Group, a recently launched real estate and sales recruitment company in Dubai, marks nine months of operations and celebrates its achievement of successfully relocating over 200 professionals worldwide to Dubai. Committed to upkeeping the quality of candidates and standards, SG Recruitment Group aims to solidify its position by bridging the gap in
Dubai Sotheby’s International Realty proudly enters a new era with the unveiling of its historic rebranding. Boasting a decade of excellence in Dubai’s luxury real estate landscape, this rebrand marks a significant milestone in the company’s history and extends its impact across borders, encompassing the United Arab Emirates, the United Kingdom, and the Kingdom
R.evolution, a global award-winning luxury real estate developer, known for 23 incredible developments all over the world makes its debut in UAE, with Eywa, a revolutionary next-generation residential building which will redefine the future of urban living in Dubai. A truly one-of-a-kind Eywa offers its residents perfect harmony and well-being. Situated on the banks
Company’s AI technology empowers real estate leads’ generation Tripler, rated the world’s first revolutionary property lead conversion platform, has launched in the UAE, promising a game-changing lead generation solution for the nation’s commercial enterprises. Tripler aims to transform how businesses in the UAE, especially real estate agents and large corporations,
Real estate firm presents top-notch real estate solutions September 10, 2023: Sherwoods International Property, a distinguished name in the real estate industry, is set to make a significant presence at the CityScape exhibition in Riyadh, Saudi Arabia, scheduled from September 10-13, 2023. The event promises to be a platform where Sherwoods will showcase a comprehensive
Emaar Development has reported a 25% increase in property sales, reaching AED19 billion for the first half of 2023, compared to AED15.2 billion in the first half of 2022. The UAE-headquartered developer of residential and commercial build-to-sell (BTS) assets in the UAE attributed this performance to the launches of 16 new projects across various master […]
Cricket’s fastest format, T10, is heading to Zimbabwe and a much-awaited 10-over tournament now has a title sponsor. The Zim Afro T10 have announced that the tournament’s naming rights have been given to real estate giants, Zim Cyber City. The Zim Cyber City Zim Afro T10, in association with T Ten Global Sports, represents franchise […]
Industry’s esteemed experts and companies, among which are H.E. Marwan bin Jassim Al Sarkal, Propertyfinder, Innovation Experts Real Estate Institute, Samana Developers, Mohanad Alwadiya and others, were honored for their contribution to shaping the UAE real estate market reputation. (Dubai): The Real Estate Reputation Awards Ceremony was held for the first time in Dubai
The Real Estate Regulatory Agency and the Dubai Land Department (DLD) released a circular confirming the launch of the new electronic service, Madmoun. As part of DLD’s ongoing efforts to modernize and strengthen real estate governance procedures and boost investor confidence, this service is accessible through the Trakheesi System and is represented by a