Elite Merit Real Estate proudly announces its entry into the Dubai real estate market, bringing a fresh and innovative approach to property transactions. Founded by Shadi Rimeh, Elite Merit plans to enhance the real estate service with transparency, integrity, education and technology. Co-founders Shadi Rimeh and Elkhan Salikhov identified a need for substantial improvements in the industry, aspiring to elevate the professionalism and efficiency of real estate transactions. Their vision is to create a more accessible and straightforward market for clients, ensuring a seamless and rewarding experience. "Our mission is to revitalize the real estate business through innovation and trust," said Shadi

Azizi Developments, a leading private real estate developer in the UAE, has announced the substantial progress of the fourth phase of Riviera, its French Mediterranean-inspired waterfront community located in the highly sought-after Mohammed Bin Rashid City, amid Dubai’s most important business, leisure, and retail hubs. Several buildings within the fourth phase are on track for Q3 2024 completions, with construction across the phase now having reached 87%. Within phase four, Azizi Azure stands out with its construction now being 76% complete. The structure is fully built at 100%, while blockwork and internal plaster are at 98%. HVAC, MEP, and overall finishes

SweetcHome, a personalized property matchmaking platform in the UAE, today announced a 132% monthly growth in users signing up for its platform. The rapid monthly growth was registered in June and July, just a few months after launching the platform. SweetcHomeuses AI matchmaking technology to give home seekers a simpler real estate search experience. Landlords and agents can also sign up on SweetcHome’s platform where they are matched with vetted and qualified customers. Recently, the company completed the first-ever “home switch” in the UAE, allowing two customers still renting under their respective tenancy contracts to “match” and switchhomes. Since its launch, SweetcHome

The latest RICS Global Commercial Property Monitor reveals that occupier demand in the UAE's commercial property sector has reached its highest level in ten years. The monitor reported an overall figure of +58%, its highest reading since Q2 2014 when it posted +64%. Crucially, demand is exceptionally positive across the sector, with demand for office, industrial and retail property sitting at +74%, +45%, and +53%, respectively. All key metrics for commercial property remain firmly positive, with rental and capital value expectations remaining stable and strong across all sectors. Crucially, the largest proportion of respondents believe that the market is still in

Aldar Properties PJSC (Aldar), a leading real estate developer, investor, and asset manager in the UAE, today unveiled its plans to develop and launch an iconic Grade A office tower development on Sheikh Zayed Road, beside the Dubai International Financial Centre (DIFC). This landmark development will feature a Grade A office tower with a net leasable area (NLA) of 88,000 sqm, which also includes a luxury boutique hotel and branded residences, offering guests both high quality commercial space and extremely well-located hospitality and F&B options. Situated on a prime freehold plot – and one of the last remaining undeveloped ‘double’ plots in

The off-plan  market broke a new record in the second quarter of 2024, recording 25,466 property transactions worth over AED 52 billion. This marks an astounding 81% increase compared to the same period last year, highlighting the city’s thriving property market and the strong demand from both end-users and investors. Villas have seen a 44% year-on-year (YoY) increase in transactions and a staggering 76% rise in value. Off-plan apartments are dominating the market with an 86% YoY increase in transactions, as both individuals and end-users are increasingly opting for new developments over ready properties, which tend to be more costly. The surge

Whitewill, the international luxury real estate agency for developers and partners that operates across the UK, USA, and UAE markets, has released its market overview report analysing off-plan sales activity across the apartment, villa, and townhouse market in Dubai during the month of June 2024. Tracking various residential communities, the report shows a strong off-plan market performance for the leading real estate broker, Whitewill, which has been instrumental in Dubai's property market. Data suggests the off-plan market is consistently dominating, with significant sales volumes and values indicating strong buyer interest in new developments. Off-plan sales accounted for the majority (58.6%) of

Today, one of Dubai's top luxury real estate developers has announced that it has set a record for the price of a luxury renovated Garden Home on the Palm Jumeirah.    The property, completed in January 2024, is a 5,800-sq-ft private beach villa situated on the luxurious super-prime Palm Jumeirah. It was sold in a transaction for US$16.9 million (AED 62 million) – a record for a renovated Garden Home on the Palm.   25 Degrees develops best-in-class, super-prime homes built to high European standards, style, and specifications, marketed to ultra-high-net-worth individuals (UHNWIs). This latest sale confirms the appetite for super-prime European-style luxury villas in Dubai.   The

LMD, a strategic developer renowned for creating thriving communities in Dubai, has partnered with Devmark, the UAE’s leading real estate project sales and marketing consultancy, to launch The Pier Residence. Located in the vibrant heart of Dubai Maritime City— Dubai’s next premier waterfront destination—this development is set to unlock promising potential for capital growth for early investors. Devmark has been appointed as the master agent for the sales and marketing of the project, which presents an unmatched lifestyle for the modern resident. Designed by the architectural firm Arkiplan and with interiors by J2 Design from Singapore, The Pier Residence merges contemporary

In an industry that often follows a traditional path, Gamma Real Estate is transforming the landscape of real estate investment management. Specializing in the sale and leasing of large property portfolios, Gamma caters primarily to family offices and private developers, offering a unique blend of tailored services and exclusive investment opportunities. Waqas Ahmed, Managing Partner of Gamma Real Estate, began his real estate journey with an early passion for property and market dynamics,laying the foundation for a career marked by deep expertise in leasing and sales. “Our mission at Gamma is to surpass industry standards and redefine service delivery, offering clients