GCC Economy Will Stay Resilient This year: StanChart
The Gulf Cooperation Council (GCC) is expected to remain a bright spot for global growth in 2025, according to a Standard Chartered report. Despite a projected slowdown in global growth to 3.1% from 3.2%, the GCC is expected to outperform, driven by resilient non-oil sector growth and strategic investments that underpin its economic diversification, said Standard Chartered’s Global Market Outlook for 2025. The GCC’s focus on long-term transformation continues to shield the region from many global economic challenges. Investment in non-oil sectors and a conducive environment for private-sector growth are expected to sustain momentum in 2025. The report also highlighted that lower interest
73% Of Savills Researchers Anticipate Increased Real Estate Investment Activity In MENA By 2025
Nearly three-quarters of Savills researchers from around the globe expect real estate investment activity to improve significantly by 2025, with a strong recovery in capital values also anticipated. The Middle East and North Africa (MENA) region, including key markets such as the UAE, Saudi Arabia, and Egypt, is primed to capitalise on these positive trends, driven by infrastructure development, visionary economic plans, and rising demand across various sectors. Savills has projected global real estate investment turnover to grow by 27% to $952 billion in 2025 and surpass $1 trillion by 2026. Insights from the survey of Savills 33 heads of research
AMIS Development Opens Sales Centre In Dubai
Luxury real estate builder AMIS Development has recently celebrated the opening of its new sales centre and gallery at The Sunrise Building, Al Safa, Sheikh Zayed Road, Dubai. The inauguration event, attended by investors, VIPs and brokers, marks a milestone for AMIS as it continues to expand its presence in the Dubai real estate market. The centre will bring a comprehensive showcase of AMIS’s portfolio, offering a glimpse into its past and future projects. Open from 9 AM to 6 PM, Monday through Friday, the centre will serve as a hub for prospective investors, customers and partners to explore the company’s
Investors Earn Record AED60 Billion Profits From Dubai’s Re-Sale Property Market
Investors in Dubai real estate notched up record profits of almost AED60 billion from the re-sale market last year. A report released by fäm Properties today showed the secondary market generated capital gains of AED 59.7billion in 2024, representing 32% of Dubai’s all-time high total re-sale value of AED 188.1 billion last year. Underling the soaring value of investment in Dubai real estate and its global appeal, total re-sale profits last year were 34% up on 2023, completing a dramatic 1300% leap over the last five-years. Data from DXBinteract covering 136 areas across the emirate revealed that the highest amount of capital gain,
Andalusia Group Launches Bottega Nove Premium Residences In Dubai
Andalusia Group, a pioneering real estate developing company based in Dubai, announced the launch of Bottega Nove Premium Residences, an epitome of Italian- inspired luxury living in Dubai, against a cost of AED 210 million. This architectural marvel spans nine stories, crafted entirely from exquisite Italian materials, reflecting the pinnacle of modern Italian design. Located in the vibrant & mixed-use area of Majan, in Dubailand, Bottega Nove promises residents a lifestyle of unparalleled opulence. In a landmark partnership, Kandy Real Estate Brokers will serve as the exclusive brokers for Bottega Nove. Their expertise is entirely crucial in aligning the project with discerning buyers and investors
Nakheel Partners With Six Renowned Architecture Firms To Design 10 Bespoke Beach Collection Villas On Palm Jebel Ali
Nakheel, a member of Dubai Holding Real Estate, has announced its collaboration with six locally and globally acclaimed architecture firms – WATG, SAOTA, Whitespace Architects, NAGA Architects, LOCI, and LW Design Group – to deliver a stunning 10 distinct architectural styles for the bespoke villas planned for the Beach Collection at Palm Jebel Ali. Inspired by the island's unique blend of oceanfront serenity, vibrant cityscape, and the colours and forms defining its landscape, the architects have crafted an exclusive collection of 10 homes that celebrates the iconic destination’s natural beauty and urban dynamism, delivering a collection of residences that seamlessly integrate
Maid Services In Dubai On The Rise
Dubai, a vibrant and rapidly growing metropolis, is renowned for its luxurious lifestyle, towering skyscrapers, and a diverse expatriate population. With its fast-paced development and the increasing affluence of its residents, the demand for housemaids in Dubai has seen a significant rise over the years. This demand is fueled by various factors, including lifestyle changes, dual-income households, cultural influences, and the city's reliance on expatriate labor. For 44 years, HomeCare has been helping thousands of families find the right household help. Hiring a full-time maid and obtaining a visa is a breeze. The company assists in hiring professionally trained home help
Dubai’s Real Estate Forecast For 2025: What Investors Should Expect
With 2024 now behind us, all eyes are on Dubai's Real Estate Forecast for 2025. With the city's property market continuing to draw global attention, both seasoned and new investors are keen to understand the future landscape. Over the past few years, Dubai has solidified its position as a leading real estate hub, backed by government reforms, population growth, and high-yield opportunities. But what does 2025 hold for real estate in Dubai? Let’s explore the key drivers, trends, and numbers that will shape the market in the coming year. A Strong Foundation: The Current State of Dubai’s Real Estate Dubai's real estate market
Another Milestone, Another Masterpiece: Alpago’s Legacy Shines On Dubai’s Billionaire’s Row
Alpago Properties, a prestigious subsidiary of Alpago Group, proudly announces the sale of yet another architectural marvel – Kural Vista– a stunning 5-bedroom villa located on Palm Jumeirah’s Frond G, one of Dubai's most exclusive addresses. This landmark achievement is more than just a high-value sale; it’s a celebration of Alpago’s leadership in the ultra-luxury real estate scene, reflecting an unwavering commitment to offering exceptional living experiences to the world’s most discerning individuals. It is an enduring promise of timeless quality and distinction. Kural Vista: Where Grandeur Meets Serenity Nestled in the heart of Palm Jumeirah’s most exclusive enclave, Kural Vista offers a
New Residential Projects Worth $1.5 Billion Announced In Dubai
The Vice President, Prime Minister, and ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum, has given his approval for several housing projects totaling AED5.4 billion ($1.5 billion) to be implemented for the benefit of residents in various parts of Dubai. According to Wam, 3,004 new homes for Emirati residents will be constructed in Dubai as part of the projects, 1,181 of which will be constructed in Latifa City for recipients of housing loans. The projects envision 606 new homes in Al Yalayis 5, 432 homes in Wadi Al Amardi, 398 homes in Al Awir 1, 200 homes in the Makan