Azizi Developments Sponsors Penultimate Event Of The Dubai Racing Carnival At Meydan
Azizi Developments, a leading private developer in the UAE, is sponsoring the penultimate race meeting of the Dubai Racing Carnival on Friday,March 7th,at the Meydan Racecourse. Building on an eight-year partnership with the Dubai Racing Club, this commitment bolsters the developer’s presence in MBR City, where it is delivering a major master-planned community – Azizi Riviera. The developer will sponsor the entire eight-race card as part of the collaboration, reinforcing its commitment to Dubai’s equestrian legacy and world-class sporting events. The event kicks off at 5:30 PM with a dynamic lineup of races. Headlining the evening’s card is the AED 850,000
KeyMavens Launches Montage, Dubai’s First Urban Residential Resort In Al Jaddaf
KeyMavens Real Estate Development and Engel & Völkers Middle East announce the launch of Montage, Dubai's first urban residential resort. This visionary development in Al Jaddaf is designed to provide an unparalleled lifestyle, seamlessly integrating cutting-edge design with transformative experiences. It offers an immersive blend of luxury, wellness, and entertainment amenities. Scheduled for completion in 2027, Montage offers 1- and 2-bedroom apartments with contemporary interiors crafted from travertine, wood, and backlit onyx, creating a warm and elegant ambiance. The project is designed for those seeking more than just a home—it is an investment in well-being, adventure, and connection, setting a new
Dubai Sotheby’s International Realty Breaks All Records With Sale Of AED 330mln Villa On Jumeirah Bay Island
Dubai Sotheby’s International Realty, a leading luxury real estate agency in the UAE, is proud to announce a new record-breaking sale on Jumeirah Bay Island. The sale involves an extraordinary six-bedroom, custom-built villa, which sold for AED 330 million, making it the most expensive home on the island. The plot spans 26,895 sq. ft. and occupies one of just three exclusive plots on the tip of the island. It is the only villa of the three to enjoy uninterrupted views of the Burj Khalifa and Downtown skyline. The architecture is a triumph of contemporary design, encased in full-height glass walls and
Knight Frank: Dubai Residential Prices Surge By 19% In 2024 Amid Rising Demand
Dubai's residential market continues to show strong growth in 2024, with property values rising by 19.1% over the past year, now standing at AED 1,685 psf, according to the Dubai Residential Market Q4 2024 report from global property consultant Knight Frank. This places average prices at 13.3% above the 2014 peak. On average, villa sale prices have grown by 20.2% over the last 12 months, reaching AED 2,009 psf, placing them 38.1% above the 2014 peak. According to Knight Frank, this sustained growth illustrates the strong appeal of stand-alone villas, beachfront homes and branded residences that provide instant access to the Dubai lifestyle.
Dubai Land Department Prepares To Launch The 21st Edition Of The IPS From 14 To 16 April 2025
Dubai Land Department has announced the launch of the 21st edition of IPS 2025, the leading global platform for real estate professionals, to be held from April 14-16, 2025, at the Dubai World Trade Centre. This comes as part of their ongoing partnership and commitment to engage with the real estate investor community, industry leaders, innovators, and professionals, and to strengthen their confidence in the real estate sector in the Emirate. IPS brings together real estate developers, investors, buyers, banks, and real estate brokers under one roof with the aim of promoting real estate projects and investment opportunities, building new business relationships,
Dubai Property Sales In February Soar To $13.8bln
Dubai’s real estate market has continued its strong start to 2025, with property sales in February totalling AED51.1 billion ($13.8 billion), up 40% over last year, according to fäm Properties. The last month’s total of 16,099 transactions also represented a 35.5% increase in volume over February 2024, making it one of the best ever months on record, it stated. Data from DXBinteract shows that villa sales totalling AED18.8 billion climbed dramatically by 99.7% to 3,679 compared with February last year, while plot sales worth AED9.6 billion also soared in volume by 74.7% to 608. Apartment sales worth AED21.4 billion climbed 21.3% in volume
DAMAC Properties And ADIB Partner To Facilitate Home Ownership For UAE Residents
DAMAC Properties has partnered with Abu Dhabi Islamic Bank PJSC (ADIB) to introduce a home financing solution that enables UAE residents to secure financing for off-plan properties once construction reaches 35% completion. This makes DAMAC the first developer to offer such a financing option, making homeownership more accessible and convenient for buyers. This initiative aligns with DAMAC and ADIB’s commitment to providing customer-centric financial solutions that simplify investing in luxury real estate. As market dynamics evolve, this financing plan represents a leap forward, enabling residents and investors to secure prime properties and benefit from market appreciation. Commenting on the milestone, Amira Sajwani,
Penthouse.ae Lists Signature Villa On Palm Jumeirah For AED 7.5mln Yearly Rent
Penthouse.ae powered by Metropolitan and the luxury division of Metropolitan Premium Properties, has exclusively listed, in collaboration with Savills, a Signature Villa, on the prestigious Palm Jumeirah for an annual rent of AED 7.5 million ($2 million). “As Dubai continues to cement its position as one of the world’s ultra-luxury real estate capitals, this Signature Villa listing underscores the city’s unrivaled offerings in the super-prime segment,” said Marcus Andersson, Director of Sales, Penthouse.ae. “The Signature Villa is an ideal offering for UHNWIs seeking a once-in-a-lifetime rental opportunity in one of the world’s most sought-after locations. This villa is a true masterpiece, designed
How Hub By Holo Is Transforming UAE’s Real Estate
In a fast-paced and competitive real estate market, agents face mounting frustrations: how can they find mortgage-ready buyers and close deals faster, all while navigating tightened regulations and restrictions like the cold-calling ban in the UAE? The answer lies in Hub by Holo – a new tool designed to directly address these pain points, making the process of matching properties with serious buyers seamlessly. Real estate agents are facing an evolving range of challenges. From the complexities of mortgage timelines to losing control over client relationships during the mortgage process, the traditional approach can lead to missed opportunities and slower sales
Dubai Property Market Enjoys Bumper Month As February Sales Hit AED51.1 Billion
Dubai’s real estate market hascontinued its strong start to 2025, with property sales in February totalling AED 51.1 billion, a 39.91% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month’s total of 16,099 transactions also represented a 35.5% increase in volume over February 2024, making it one of the best ever months on record. Data from DXBinteract shows that villa sales totalling AED18.8 billion climbed dramatically by 99.7% to 3,679 compared with February last year, while plot sales worth AED9.6 billion also soared in volume by 74.7% to 608. Apartment sales worth