Abu Dhabi's biggest developer Aldar Properties has acquired a commercial tower in Dubai’s key financial district for 2.3 billion dirhams ($626 million), in one of the largest such acquisitions. The tower is being acquired from Dubai developer H&H Development, which has built projects in DIFC, including the Four Seasons Hotel Dubai International Financial Centre. The project, with 40 floors of commercial and retail space, is set for completion in 2028. Aldar, 25%-owned by Mubadala and 26% by International Holding Company, reported nine-month 2024 net profit of AED 4.6 billion, up 52% year-on-year. The developer has projects across the UAE, Egypt and London. H&H Development, founded

Dubai’s real estate market has enjoyed another busy month, recording a total of 13,502 property sales with an overall value of AED40 billion in November. A market update issued today by fäm Properties showed that apartment sales worth AED19.9 billion rose 31.2% in volume to 10,857 compared with the same month last year. November also generated 1,903 villa sales for AED10.2 billion as well as 387 plot sales worth AED8.1 billion, although volumes were down 35.8% and 39.6% respectively on the same month in 2023. Meanwhile, 354 commercial property transactions amounted to AED1.3 billion, an increase of 5% in volume compared with November

House prices across Dubai currently stand 19.9% higher than they were at this time last year and with no let-up in demand, residential values are expected to climb by a further 8% during 2025, according to global property consultancy, Knight Frank's Middle East Residential Agency team, which is detailed in Knight Frank's Dubai Residential Market Review: Special Edition. Dubai's residential market continues to experience exceptional demand, as evidenced by the surge in property transactions throughout 2024. In Q3 2024, the number of transactions reached a record-breaking 47,269, the highest quarterly figure on record. This marks a 41.8% increase compared to the same

ONE Development, a homegrown boutique developer with offices in Abu Dhabi and Dubai, has announced that the first phase of its innovative flagship project, Laguna Residence, completely sold out within less than one month of its official launch, a milestone that highlights the growth in trust shown by local and international investors in the UAE’s vibrant real estate market and the unique appeal of this pioneering development. Laguna Residence, located in the heart of Dubai’s City of Arabia, is the UAE’s first AI-integrated residential community, introducing cutting-edge technology to enhance urban living. The development features the region’s first sandy beach lagoon

In line with the objectives of the Dubai Real Estate Strategy 2033’, which aims to strengthen Dubai's position as a global hub for real estate investment, 3DXB Group reaffirms its commitment to providing innovative solutions that drive technological advancement and sustainability in the real estate sector. The company continues its leading role in delivering cutting-edge 3D printing technologies to support the ambitious goals outlined in the strategy. The strategy aims to double the real estate sector’s contribution to Dubai’s GDP to AED 73 billion, increase real estate transactions by 70% to reach AED 1 trillion by 2033, and grow the value

Nestled in the highly sought-after neighbourhood of Jumeirah 1 on La Mer South, the Harrisoni La Mer Villas by Almal Real Estate Development epitomise oceanfront opulence, creating a new level of privacy, comfort, and pure indulgence. Named after the rare and elusive 'Harrisoni' coral found in the Arabian Gulf, these exceptional residences embody the exclusivity and allure of bespoke design, seamlessly blending natural inspiration with contemporary elegance. With a limited number of completed units, these villas provide discerning buyers with a seamless turnkey solution for an unparalleled lifestyle. Harrisoni La Mer Villas Located just a 10-minute drive from the bustling centre of Downtown

As 2024 approaches its end, 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 The Dubai real estate market

Al Marwan Real Estate, the development and operations arm of Al Marwan Group, is set to centralise management operations and elevate residents' experience with Yardi®. With one of the largest residential portfolios of corporate real estate and investment assets, Al Marwan is responsible for the development, procurement, leasing and operations of residential projects across the emirate of Sharjah. The Yardi Residential Suite, including RentCafe, will allow Al Marwan to effectively manage and unify its property operations – from unit marketing and resident onboarding to accounting, billing and reporting. Yardi's resident portal and app will further help residents to self-serve, manage details, log maintenance requests and view

Dubai Creek Resort unveils the debut of the Elara Villas, a stunning addition that sets a new standard for luxury within the resort. The new villas provide an unparalleled escape, combining serene tranquility with ultimate opulence. Designed to cater to the most discerning travelers, the Elara Villas offer a sophisticated retreat where every detail has been thoughtfully curated by Park Hyatt Dubai to deliver an exceptional experience. The collection of exclusive luxury villas is settled in the heart of the resort with uninterrupted views of the lush green golf courses, the serene lake, and the sparkling creek, offering a sense of

MAG Group Holding, the multinational conglomerate incorporating different companies serving diverse sectors, announced its portfolio of current and under development projects across its different real estate subsidiaries has reached AED 43.7 billion. MAG Group Holding’s real estate subsidiaries include MAG Lifestyle Development, Keturah, Invest Group Overseas (IGO), MBL, Shoumous, Art of Living Mall and MAG Leasing for warehouses. In his comments, Moafaq Al Gaddah, Founder and Chairman of MAG Group Holding, said: "The UAE's real estate sector is witnessing unprecedented demand, driven by the strategic vision and initiatives of our wise leadership. The government’s ongoing efforts to foster a favorable investment climate