For UAE residents, rents are one of the biggest costs that they bear every month. For some of the residents, it accounts for the highest expense of their monthly or yearly budgets. Rents have been consistently on the rise across the UAEß over the past three years due to the massive influx of foreign workers into the country as the economy expanded at a strong pace. In the last quarter of 2023, according to real estate consultancy CBRE, average apartment rents increased 2.0 per cent year-on-year in Abu Dhabi, while villa rents rose 0.8 per cent. Similarly, rents in Dubai and the

In Abu Dhabi, the total volume of residential transactions reached 11,235 in 2023, up by 77.8% from the year prior. This increase has been underpinned by a 104.0% growth in off-plan market sales and a 27.7% increase in secondary market sales. In Q4 2023, a total of 3,107 transactions were registered, marking a year-on-year growth of 40.3%. Over this period, off-plan transactions grew by 41.0%, and secondary market transactions rose by 38.1%. In the year to the fourth quarter of 2023, average apartment prices in Abu Dhabi increased by 1.1%, whilst average villa prices remained almost unchanged from the comparable

A mansion located at the Bulgari Resort & Residences, is now on the market for AED495 million ($134 million), making it one of the most exclusive mansions for sale in Dubai. Listed through luxury real estate B1 Properties in Dubai, the residence with its four master bedrooms and six bathrooms, on a built-up area of nearly 10,000 sqft, with a plot size of 20,221 sqft in total, is one-of-a-kind. Nestled within the exclusive Jumeira Bay enclave, this is the epitome of sophistication and reflects the demand for ultra-high-end real estate in Dubai, said. B1 Properties pointed out that the meticulous attention to detail

DHG Properties, a renowned Swiss real estate developer, has announced the off-plan sales launch for its debut UAE project, Helvetia Residences, currently under development in Jumeirah Village Circle (JVC). Nearly 15% of its units were sold out on the opening day. Projected to be worth over AED600 million ($163.3 million), it has already seen 15% of its units sold out on the first day. With a legacy rooted in delivering premium and affordable properties across Europe and DHG Properties, a renowned Swiss real estate developer with a legacy of over three decades of excellence, has announced the off-plan sales launch for their

Making a mistake in choosing an apartment for living and vacation in Dubai can be very costly for tenants. But how to make the right choice? The experts of SalesDepartmentat technologically-empowered rental company with stylish living spaces, branded services and community for tenants Colife Dubai, reveals all the expats’ secrets. In this article, Colife’s experts listed the most popular neighborhoods and towers for rent among tenants. Top 3 areas for renting an apartment in Dubai and their best buildings "Currently, Colife rents out fully equipped Scandinavian-style apartments with included services and activities in 15 districts: Dubai Marina, JBR, JLT, JVC, Dubai Hills,

In a historic move, the Arsenal training ground has been rebranded as the Sobha Realty Training Centre, following a pioneering agreement with the Dubai-based real estate developer, marking the first instance of a training ground naming rights partnership. This transformative collaboration extends to a long-term vision, with Sobha Realty assuming the role of Principal Partner of Arsenal and the official training kit sleeve partner for both the men's and women's teams. The partnership is designed to harness Sobha Realty's exceptional proficiency in property development to identify and maximize development prospects at the club's training ground, aligning with Arsenal's commitment to cultivating

Emaar Properties, the prime real estate development company, has completed the detailed design of “Dubai Square,” set to become the second-largest shopping and entertainment mall in Dubai Creek Harbour. This significant project represents a step in establishing Dubai as a prime global destination for shopping and leisure. “Dubai Square” will feature breakthrough technologies and innovative concepts in retail, dining, and entertainment, offering an unparalleled experience that goes beyond traditional shopping environments. “Dubai Square” is characterized by its advanced technologies, and contemporary and innovative design and will be linked to the new Dubai Creek Tower, giving it a distinctive position in the heart

Nakheel, the Dubai-based world-leading master developer, has appointed a contractor for the construction of Rixos Bay Residences and Villas, part of Rixos Dubai Islands, Hotel & Residences, the exclusive contemporary waterfront residential retreat offering sophisticated beachfront homes and upscale amenities. The contract for the construction of Rixos Bay Residences and Villas has been awarded to Sembol Construction, with work set to commence soon. Established in 2000, Sembol Construction is renowned in the global market as well as in the UAE for their breathtaking projects. By working across different regions, the company has built complex and challenging developments within set timelines and budgets. Part

Arsenal and Sobha Realty have today announced a new long-term vision for their partnership which will see the Dubai-based luxury real estate developer becoming the club’s first ever training ground naming rights partner,and the training ground being renamed as Sobha Realty Training Centre. As part of the same agreement, Sobha Realty becomes a Principal Partner of Arsenal and the official training kit sleeve partner for the club’s men’s and women’s teams. The partnership will see Arsenal benefit from Sobha Realty’s unrivalled expertise in property and real estate to explore the development opportunities at the club’s training ground. This supports the ambition to