Sobha Realty, one of the UAE’s most trusted real estate developers, has reported a steady increase in investments from foreign investors, recording nearly 60 percent of foreign national investors residing overseas, for its projects in the UAE. Findings indicate that Indian, Russian, Chinese, and Emirati nationals constitute the top four investors in Sobha Realty, followed by Saudi, British, and Nigerian nationals. The real estate sector in the UAE is currently witnessing a rise in demand for prime properties, from both foreign and resident investors. Moreover, Sobha Realty anticipates the market to continue its upward trajectory with more foreign investors entering the

Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, today announced plans to handover the Mesk and Noor Residential Districts – the Phase 3 and 4 of its award-winning Midtown master development in Dubai. The Mesk and Noor Districts comprise over 900 residential units, including studio, one-, two- and three-bedroom apartments. The Mesk District handover will commence on February 14, 2023, ahead of its scheduled handover timeline, and move-in for residents will be permitted effective mid-February. The Noor District will be handed over as per schedule by the end of June 2023. With this, Deyaar will

Dubai's annual real estate transactions have crossed the milestone of half a trillion dirhams for the first time in 2022, as the sector witnessed transactions worth a record AED528 billion in 2022, a 76.5 percent increase from 2021. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said, "The exceptional performance of the real estate sector reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai one of the world’s top three cities. The results also support the

Developers in Dubai are not wasting any time in offering more super-luxury homes to investors – MAG has just released four of them each at a whopping Dh200 million. They are part of the 12 mansions making up The Ritz-Carlton Residences on the Dubai Creekside. The latest four homes span up to 48,000 square feet of built-up area, with underground parking for up to eight vehicles. Each home also has a private mooring for up to 120-foot yachts. The first eight mansions had a price tag of Dh177 million apiece. “We are thrilled with the response to our launches of the Earth

Binghatti on 16 November 2022 announced a project to develop the world’s tallest residential structure in Dubai — Burj Binghatti Jacob & Co Residences. The UAE developer, which has an investment portfolio exceeding Dh7 billion, said it is going to introduce a new era in uber-luxury living by launching ultra-luxury Dubai skyscraper in cooperation with Jacob & Co. However, no time-frame is given to complete the project. “This unparalleled skyscraper aims to set a record as one of the tallest residential constructions in the world,” according to a Binghatti statement. In a great leap upwards, the property developer said ultra-luxury skyscraper will stand

AlJawhara by Cayan, one of the largest private projects under construction in Riyadh, won an award in the “Mixed-Use Development in Saudi Arabia” category at the “African and Arabian Property Awards” 2022. AlJawhara won this award in its category According to the standards of devotion to the finest construction practices, the highest levels of safety, and excellence in terms of services and facilities. The African and Arabian Property Awards is the largest company to issue annual awards dedicated to the real estate development sector in the Middle East, after competing against the best real estate professionals across the African and Arabian

The total investment value of three projects — Binghatti Rose, Binghatti Mirage and Binghatti Gems, is circa Dh400 million Binghatti Developers, a real estate company in Dubai, has announced early completion of three of its projects in Jumeirah Village Circle (JVC). The three projects are Binghatti Rose, Binghatti Mirage and Binghatti Gems, all of which were completed ahead of their respective target delivery dates. The total investment value of these three projects is circa Dh400 million. The projects have lavish common area facilities, health and fitness clubs and swimming pools. “This achievement consolidates our vision in Binghatti which is to add value to Dubai’s

Investing in real estate can be intimidating. I get it. Owning a property has always been associated with status and wealth. People perceive that you should have a solid background in real estate or need a massive amount of capital to start investing in your first property. This is a common misconception that can stop you from investing in real estate and achieving your financial independence. But let me tell you the top 3 compelling reasons why you should start investing in real estate now: 1.Real estate increases your cash flow Real estate gives you the ability to generate cash flow for yourself

The Business Bay development will consist of 300 smart units The Dubai-based Binghatti Developers has launched a Dh500 million residential project in Business Bay which is scheduled to be completed in June next year. Binghatti Canal consists of 300 units, including 124 one-bedroom, and 85 two-bedroom apartments, in addition to 84 studios. Muhammad Binghatti, CEO of Binghatti Developers, said it’s the developer’s 50th project which will be unique in terms of creativity and luxury with views of the Dubai Water Canal. “Our architectural philosophy focuses on the new generation of streamlined designs that extend from the stereotype to the dream house, while providing exceptional

Sobha Realty, one of the UAE’s most trusted real estate developers, has reported a steady increase in investments from foreign investors, recording nearly 60 percent of foreign national investors residing overseas, for its projects in the UAE. Findings indicate that Indian, Russian, Chinese, and Emirati nationals constitute the top four investors in Sobha Realty, followed by Saudi, British, and Nigerian nationals. The real estate sector in the UAE is currently witnessing a rise in demand for prime properties, from both foreign and resident investors. Moreover, Sobha Realty anticipates the market to continue its upward trajectory with more foreign investors entering the