Property prices in Dubai continued their upward trend in November, rising by 1.17 per cent to a record high of Dh1,271 per square foot, surpassing the previous all-time high of September 2014, according to the latest figures released by Property Monitor. After the initial recovery led by villas and townhouses, industry executives say that the apartment segment is now leading the growth phase due to high demand. Property Monitor said prices rose at a more moderate pace last month and stood three per cent above the 2014 high. Prices have been consistently on the rise in Dubai after the Covid-19 pandemic due to

Leading Dubai developer Damac Properties has launched its new development, Damac Maison Aykon City, along Sheikh Zayed Road, and just a stone’s throw from Safa Park, lavish dining venues, high-end shopping destinations, entertainment hubs, and renowned nightlife spots. This property is not just a new addition to Dubai’s skyline but a visionary project set to raise the standards of luxury in the real estate and hospitality sector, said the luxury project developer. Damac Maison Aykon City offers a range of sophisticated living spaces, from modern studios to expansive three-bedroom luxury hotel apartments. Each features state-of-the-art design and panoramic windows showcasing stunning views

This month, Teraciel Properties launched The Imperial in Hills Views, Dubai Hills, a one-of-a-kind mansion for the most discerning clientele. Built to transcend fashion and trends, The Imperial marks the first build by Teraciel Properties, a boutique luxury real estate developer positioned to create landmark properties and communities that cater to the lifestyles of the most discerning clients, through couture real estate. The launch of Teraciel Properties comes after much demand for world-class infrastructure projects that enhance the overall appeal and values of real estate in the UAE. As a bespoke and customer-centric developer, where artistry combines with thoughtful function and

Stella Stays, UAE's leading proptech company with tech-enabled residences in seven global markets, reveals insight into its data showcasing trends in purchasing power and behavioural profiles from Gen Z and Millennials renters amidst real estate industry shifts, with this audience base constituting 46% of the global population and growing. The company's data showcases that 81% of residents and guests at Stella Stays residences are Millennials and Gen Z, the next-generation renters. With the steadfast rising cost of becoming a homeowner, Millennials and GenZ often turn to renting, despite it being a tedious and inconvenient process by traditional means, rife with inconsistencies,

This month, Teraciel Properties launched The Imperial in Hills Views, Dubai Hills, a one-of-a-kind mansion for the most discerning clientele. Built to transcend fashion and trends, The Imperial marks the first build by Teraciel Properties, a boutique luxury real estate developer positioned to create landmark properties and communities that cater to the lifestyles of the most discerning clients, through couture real estate. The launch of Teraciel Properties comes after much demand for world-class infrastructure projects that enhance the overall appeal and values of real estate in the UAE. As a bespoke and customer-centric developer, where artistry combines with thoughtful function and

With the introduction of Sankari Properties, a transformative era for UAE's premium real estate offerings is set in motion. Perfectly aligned with the nation’s strategy for economic diversification and growth, the developer seeks to make significant contributions to the established legacy and the promising future of the sector. The Aspiration In the dynamic real estate environment of UAE, characterized by top-notch infrastructure and a robust regulatory framework, Sankari Properties aims to push the possibilities of real estate. Acknowledging the vital influence of real estate and hospitality in enhancing Dubai's global standing, the company is dedicated to creating spaces and experiences that embody

AmiViz, the Middle East region’s first enterprise B2B marketplace for cybersecurity, is pleased to announce its strategic partnership with Threatcop, a pioneer in People Security Management Category. Threatcop products and solutions will now be available in the AmiViz B2B marketplace to resellers from UAE, Saudi Arabia, Qatar, Kuwait, Oman, Bahrain, and Egypt, among others in the region through the AmiViz online portal or AmiViz mobile app. As cyber threats continue to evolve and become more sophisticated, organizations worldwide are increasingly recognizing the need for comprehensive security measures. Threatcop has been at the forefront of addressing these challenges, offering state-of-the-art solutions designed to protect

DAMAC, a leading luxury real estate developer based in Dubai, announced that construction of the world’s first Cavalli-branded tower is advancing as planned. Excavation for the 71-storey tower began in January 2023, before progress was swiftly made on substructure works by April 2023. In August 2023, work began on the superstructure work of the tower located in Dubai Marina, where residents will enjoy unrivalled views of the sea and skyline from the comfort of the tower’s private pools, Malibu Bay-inspired beach and gardens. DAMAC also provided a further update on construction, reporting that the superstructure work is well under way and internal

Damac Properties, the leading UAE-based real estate developer, launched Damac Maison Aykon City along Sheikh Zayed Road and just a stone’s throw from Safa Park, lavish dining venues, high-end shopping destinations, entertainment hubs, and renowned nightlife spots. This property is not just a new addition to Dubai’s skyline but a visionary project set to raise the standards of luxury in the real estate and hospitality sector. The development offers a range of sophisticated living spaces, from modern studios to expansive three-bedroom luxury hotel apartments. Each features state-of-the-art design and panoramic windows showcasing stunning views of Dubai, symbolising the city’s dynamic growth

In line with its efforts to provide proactive real estate services and enhance its leading digital ecosystem, Dubai Land Department (DLD) launched the improved interface of the ‘Dubai REST’ app. This smart platform for real estate services empowers property owners, tenants, real estate brokers, developers, residents, investors, and stakeholders in the real estate market to access a wide range of real estate services efficiently. The latest update offers a host of enhancements and features aimed at enhancing the user experience to streamline the execution of operations and procedures, making them more accessible and convenient. Achieved through an upgraded user interface, users