Nakheel, the world-leading real estate master developer has announced the launch of exclusive Bay Villas, on Dubai Islands B, part of the city’s premier living, entertainment, leisure, and tourism waterfront destination, Dubai Islands. This new development comprises Waterfront Villas, Garden Villas, Semi Detached Residences and Townhouses set within a lush, landscaped gated community, offering luxurious coastal living in close proximity to key locations across Dubai. At Dubai Islands B, residents can enjoy beach access with a central park and landscaped corridors ensuring abundant scenery in every location. Swimming pools are served by community pool houses, with sports facilities,children’s playgrounds, and a

In a testament to its unwavering allure and unmatched appeal, LEOS Developments has achieved an extraordinary milestone by selling out its latest residential gem, Cavendish Square, in record time. Cavendish Square marks the third prestigious residential community unveiled by LEOS Developments in Dubai, marking an impressive streak of three successful launches within the last 10 months. Nestled in the heart of Jumeirah Village Triangle, Cavendish Square epitomises elevated living with its timeless appeal and meticulously crafted low-rise residential and lifestyle development. Cavendish Square officially launched on 31st January and astonishingly, within just a few days, it reached an impressive 95% sold-out status. 

Metropolitan Group, a leading real estate group in the UAE, was recognized as the third Best Workplace™ in 2024 in the Large sized business category by the Great Place to Work, a global authority on workplace culture, at their annual awards ceremony last Thursday. Metropolitan continues making history as the first and only real estate brokerage to ever make the list. The official index ranks the UAE’s best employers based on the confidential feedback of all employees and an audit of management practices and culture at work. In 2023, the Group ranked sixth Best Workplace in the UAE moving up four places

Dubai’s real estate market has seen steady growth over the past year, driven by the increase in expatriate population, policies such as the recent change to the rules for real estate investors to qualify for the Golden Visa, and Dubai’s growing and diversified economy overall. Savills, a global real estate services provider, released the Dubai Property Market report for 2023, which revealed a robust year across different sectors in Dubai’s real estate market. Swapnil Pillai, Associate Director of Research at Savills Middle East,said, “The macroeconomic sentiments for the UAE remain favourable. The non-oil sectors have seen significant expansion over the past

The Heart of Europe, the flagship project of Kleindienst Group, has signed an agreement with IHG Hotels & Resorts, one of the world’s leading hotel companies, to launch and manage the InterContinental Resort Portofino, The Heart of Europe on The World Islands, Dubai. The signing marks the first resort property in Dubai from the iconic InterContinental brand, reaffirming the company’s commitment to bringing luxury experiences across key leisure destinations in the region. This latest signing marks the third hotel to be added to the joint portfolio of IHG Hotels & Resorts and The Heart of Europe. The hotel is scheduled for a grand

Dubai’s property market slowed down towards the end of 2023, with off-plan sales tumbling by nearly 70% in December, consultancy firm CBRE said in a report released on Tuesday. The residential market recorded a total of 6,216 deals during the month, down by 30.3% from the prior year. The softening was driven by a 69.7% drop in off-plan sales, although sales of secondary homes rose by 35.3%. The market also saw a slowdown in the uptake of luxury homes, particularly those that cost more than AED 5 million ($1.3 million) during 2023, with the number of deals in the prime segment totalling

The International Property Show (IPS) 2024, celebrating its 20th anniversary, is set to take center stage at the Dubai World Trade Centre from February 27-29. This landmark event is primed to provide a unique platform for exhibitors from Gulf Cooperation Council (GCC) countries, including the UAE, Saudi Arabia, Qatar, Oman, Bahrain, and Kuwait, to present their real estate projects to a global audience of investors, homebuyers, and industry enthusiasts. With exhibitors already representing the GCC nations, including The Sustainable City – Yiti from Oman, the Real Estate General Authority, and the Ministry of Municipal Rural Affairs and Housing from Saudi Arabia,

For UAE residents, rents are one of the biggest costs that they bear every month. For some of the residents, it accounts for the highest expense of their monthly or yearly budgets. Rents have been consistently on the rise across the UAEß over the past three years due to the massive influx of foreign workers into the country as the economy expanded at a strong pace. In the last quarter of 2023, according to real estate consultancy CBRE, average apartment rents increased 2.0 per cent year-on-year in Abu Dhabi, while villa rents rose 0.8 per cent. Similarly, rents in Dubai and the

In Abu Dhabi, the total volume of residential transactions reached 11,235 in 2023, up by 77.8% from the year prior. This increase has been underpinned by a 104.0% growth in off-plan market sales and a 27.7% increase in secondary market sales. In Q4 2023, a total of 3,107 transactions were registered, marking a year-on-year growth of 40.3%. Over this period, off-plan transactions grew by 41.0%, and secondary market transactions rose by 38.1%. In the year to the fourth quarter of 2023, average apartment prices in Abu Dhabi increased by 1.1%, whilst average villa prices remained almost unchanged from the comparable

A mansion located at the Bulgari Resort & Residences, is now on the market for AED495 million ($134 million), making it one of the most exclusive mansions for sale in Dubai. Listed through luxury real estate B1 Properties in Dubai, the residence with its four master bedrooms and six bathrooms, on a built-up area of nearly 10,000 sqft, with a plot size of 20,221 sqft in total, is one-of-a-kind. Nestled within the exclusive Jumeira Bay enclave, this is the epitome of sophistication and reflects the demand for ultra-high-end real estate in Dubai, said. B1 Properties pointed out that the meticulous attention to detail