Dubai real estate transactions are set to grow 30% year-on-year by the end of 2024 as the sector continues to break all records for sales, prices, mortgages and launches, according to the latest analysis from leading real estate intelligence authority, Property Monitor. Property Monitor's October 2024 report shows that the property sector broke four records during the month. Prices per square foot surpassed the previous all-time high – set in September 2014 – by 20%; 20,460 transactions took place; more than 4,300 mortgages were secured and 15,000 new off plan units came to market. Henry Bacha, Chief Executive Officer at Property Monitor,

Rashed Darwish Al Ketbi (RDK) Group, a leading UAE property developer, is proud to unveil Tower Two at Marriott Residences Al Barsha South, Dubai, where luxury living meets Marriott International's renowned standard of service. This launch brings the latest in Dubai's branded residential offerings, with each apartment offering a sophisticated lifestyle and breathtaking views of iconic landmarks, including the Burj Khalifa and Burj Al Arab. With Tower One now 90% occupied, Tower Two introduces 137 beautifully designed, fully furnished units across 24 floors, ready for immediate move-in. The units feature exquisite luxury finishes, including Italian marble in the kitchens, enhancing the elegance and sophistication of these residences. Prospective

Sobha Realty, a global leader in luxury real estate, is proud to announce the elevation of Ashish Parakh as its Chief Sales and Marketing Officer. This appointment highlights Sobha Realty’s firm belief in nurturing talent from within, empowering individuals who demonstrate grit, potential, and dedication to excellence. At the heart of Sobha Realty’s ethos is the principle articulated by its visionary founder, Mr. PNC Menon, who believes in “building people before buildings.” This commitment is woven into the fabric of the organization, fostering a culture where talent is identified, developed, and given the opportunity to flourish. Mr. PNC Menon elaborates; "At Sobha,

Dubai Properties today announced the launch of La Tilia, the latest phase of Villanova community in Dubailand. This release of three- and four-bedroom townhouses in Villanova provides new residential lifestyle opportunities within a gated community environment. La Tilia introduces the first-ever G+2 townhouses within Villanova, offering a diverse range of three- and four-bedroom homes in both G+1 and G+2 configurations. These exceptionally spacious residences, ranging from 2,354 to 3,158 square feet, feature floor-to-ceiling windows and multiple balconies that seamlessly connect indoor living with the verdant outdoor surroundings. The contemporary, vertical design provides three levels of elegant living space, tailored to the

The newly opened DAMAC Maison Aykon City has been recognized as the Best Luxury Hotel Apartments at the prestigious seventh edition of the Arabian Travel Awards. The event celebrated the visionaries and pioneers driving excellence in the Middle East's travel, tourism, and hospitality sectors, underscoring the region's commitment to becoming a global tourism leader while balancing luxury and sustainability. This prestigious recognition celebrates DAMAC Maison Aykon City's excellence in providing luxurious, 'home away from home' stays, delivering personalized services and a welcoming settings that resonates with guests from around the world. Dean Rossilli, the Senior Vice President of DAMAC Hospitality, spoke on the

Emaar Properties and Dubai World Trade Centre (DWTC) have established a joint venture to develop Expo Living, a new residential lifestyle community at Expo City Dubai. Expo Living, a thoughtfully designed urban community will offer a modern lifestyle for residents seeking seamless connectivity, exceptional experiences, and serene living spaces. Terra Heights, the first residential phase of Expo Living, is now open for launch. Expo Living's strategic location ensures easy access to key destinations, placing residents just a 15-minute walk from Expo City and Dubai Exhibition Centre, which is set for an AED10 billion expansion that will increase the exhibition space from 58,000 sqm to 180,000

Peace Homes Development, a Dubai-based luxury real estate developer, is proud to unveil Natuzzi Harmony Residence by Peace Homes, an exclusive collaboration with Natuzzi Italia, the world-renowned luxury furniture brand celebrated for its unparalleled Italian craftsmanship and elegance. This unique development brings the epitome of bespoke living to Dubai, blending high-end Italian design with an architectural marvel tailored for discerning families who seek not just a home, but an immersive experience of luxury and harmony. Each residence within Natuzzi Harmony Residence by Peace Homes is individually crafted to reflect the personal aesthetics and lifestyle preferences of its residents. From the selection of

Sobha Realty, a global leading luxury real estate developer, is setting new industry standards as it prepares to deliver the highly anticipated Creek Vistas Grande development ahead of schedule. Completing the project eight months ahead of its original timeline reinforces Sobha’s growing reputation for early delivery of high-quality developments, a trend that has become a hallmark of the company’s approach. This latest milestone within the prestigious Sobha Hartland community highlights Sobha Realty’s commitment to excellence, customer satisfaction, and innovative project management. The early completion is a testimony of the effectiveness of Sobha's proprietary backward integration model. This unique, fully in-house approach—encompassing

Asteco's Q3 2024 real estate report reveals a dynamic UAE property market characterised by sustained growth in Abu Dhabi, continued momentum in Dubai and increasing activity in the Northern Emirates. According to the report, the Abu Dhabi market is well-positioned for growth, driven by new developers entering the market and a significant pipeline of planned developments. The report also shows that the Dubai government's proactive approach to enhancing the Emirate's physical, social, technological and legal infrastructure, combined with robust underlying fundamentals, is expected to contribute to solid market conditions and resilience against external factors. Abu Dhabi residential and office market According to the report,