News

Engel &Völkers Middle East, known for its residential and commercial real estate services in the premium segment, has released its Q3 2024 Dubai Real Estate Market Report, showcasing a robust performance across both residential and commercial sectors. Dubai’s real estate market continues to attract global interest, with combined residential and commercial sales reaching AED 138.8 billion for the quarter. Residential transactions surged by 40.8% year-on-year, contributing AED 115.6 billion, while the commercial market added AED 23.2 billion in sales, reflecting a 28% increase in total transaction value compared to the same period in 2023. Dubai’s thriving real estate market is buoyed

Domaine Properties, a leading investment advisor and service provider offering end-to-end real estate solutions, is excited to announce two significant open house events. These events are part of the company's ongoing efforts to showcase its premium developments in Dubai. The first open house will take place on October 27, 2024, at the prestigious Damac, followed by the second on November 3, 2024, at Dugasta. Domaine Properties regularly conducts open house events, but these two stand out as key opportunities for potential buyers, investors, and real estate enthusiasts to explore some of Dubai's most sought-after properties. Attendees will have the unique chance

H&H Development, a pioneer in Dubai’s real estate industry and bespoke turnkey developments, has expanded its prestigious Eden House brand with the launch of a new branded waterfront community on the Dubai Water Canal. Spanning seven elegant low-rise buildings with an exceptional suite of lifestyle services, ‘Eden House The Park’ is the first community of its kind on the canal. H&H Development is also the developer of the project. This exceptional community of seven elegant low-rise buildings offers an unparalleled suite of lifestyle services and a sophisticated, community-inspired lifestyle. Ideally positioned at the canal's closest point to Sheikh Zayed Road, residents

Dubai’s property market recorded 18,038 transactions in September 2024 – a new all-time monthly high – with almost three quarters (73%) for properties under construction having been sold off-plan, according to new insight from leading real estate intelligence and data authority, Property Monitor. Property Monitor’s monthly analysis of Dubai’s real estate market shows that September transactions surpassed the previous record of 17,139 – set in May this year – by almost 900, highlighting continued growth – and confidence – in the sector, which is on track for 30% year on year growth by the end of the year. 2024 sales have

As Dubai real estate heads for another new peak in 2024, property sector growth is set to continue over the next two years, with a record 90,000 new homes entering the market during this period. Figures released by fäm Properties today underline the market’s capacity to keep pace with demand, with 1,034 projects, adding up to a total of 288,020 units, currently under construction. Meanwhile, the all-time high of 101,654 yearly launched units set in 2023 looks set to be eclipsed, with the total for 2024 currently standing at 99,779, and counting. Speaking ahead of The Game Changers - Dubai Real Estate Summit

Jad Global Real Estate Development announced the groundbreaking of its new project, "171 Garden Heights," with a total investment of AED 250 million, located within the Jumeirah Garden City development, spearheaded by Meraas. "171 Garden Heights" features 171 fully furnished residential units, including studios and one- and two-bedroom apartments. The project blends luxury living with smart investment opportunities, setting a new benchmark for sophisticated urban lifestyles in Dubai, close to key landmarks such as Sheikh Zayed Road, the Dubai Exhibition Centre, DIFC, Emirates Towers, Downtown Dubai, City Walk, and Jumeirah. This project marks the official sales launch and signifies a new milestone

In line with the wise leadership’s vision and the country’s strategic directions in promoting digital transformation and innovation, Dubai Land Department (DLD) has signed a Memorandum of Cooperation with Keyper Holdings, one of the companies under the REES real estate innovation initiative aimed at improving property management through advanced digital solutions. These solutions will enhance efficiency, simplify processes, and embed innovation in the real estate sector. The agreement was signed by Majid Al Marri, CEO of the Real Estate Registration Sector at Dubai Land Department, and Omar Abu Innab, Co-Founder and CEO of Keyper Holdings Ltd, on the sidelines of the

Select Group, a leading real estate developer known for its commitment to excellence and innovation in residential living and well-being, is pleased to announce that it has awarded Arabian Construction Company (ACC) the construction contract for its iconic ultra-luxury development, Six Senses Residences Dubai Marina, with a gross development value (GDV) of over USD 1 billion. Strategically located in the vibrant Dubai Marina district, the ultra-luxury 122-storey development embodies the essence of urban sophistication. It offers residents an unparalleled wellness and lifestyle experience amidst stunning panoramic views of Palm Jumeirah, Dubai Harbour Beachfront, Emirates Golf Course, Dubai Marina, Blue Waters, and

A landmark sale has set a new record in Dubai's real estate market. A fully upgraded, ready apartment on Jumeirah Bay Island, also known as Bulgari Island, has been sold for a staggering price close to AED 17,000 per square foot—the highest ever achieved for a ready apartment in the city. This historic transaction was handled by esteemed real estate agents Lina Allaoa and Kianoush Darban of Driven Properties who represented the seller in this record-breaking deal. Renowned for breaking records and solidifying the company's dominance in this exclusive location, their exceptional expertise continues to elevate the standards of luxury real

Tiger Properties, a leading real estate developer in the UAE, successfully handed over Nobles Tower, a 46-storey luxurious residential development in Business Bay, Dubai. The official handover took place on October 14, 2024, the process highlights Tiger Properties' dedication to maintaining stringent quality measures, ensuring that each unit meets the highest benchmarks of craftsmanship and finishing. Nobles Tower offers a prestigious selection of 1, 2, and 3-bedroom furnished apartments, designed with exceptional attention to detail and equipped with premium interior architecture. The tower features 549 meticulously crafted units, each offering expansive living spaces with floor-to-ceiling windows, bringing in natural light and