Zoom Property Insights predicts that the Dubai real estate market will expand further in 2023 as a result of rising demand and interest from high-net-worth individuals (HNWIs) and foreign investors, which will drive up property prices and annual rent. The luxury market will continue to dominate with a growth rate of 13.5%, according to the most current statistics from Zoom Property Insights, with...

According to Ithra Dubai, a well-known real estate developer and asset manager owned by the Investment Corporation of Dubai, the landmark One Za'abeel building is now completing its final construction work and is scheduled to open in 2023. The firm completed completely encasing in glass its three buildings, One Za'abeel The Residences, One Za'abeel Tower, and The Link, in the third quarter. The One...

The real estate market in Dubai saw 515 sales transactions for AED1.44 billion and 19 gift deals totaling AED137.87 million on Monday, according to data provided by the Dubai Land Department (DLD). Sales of 483 villas and flats for AED1.14 billion and 32 land plots for AED299.29 million totaled AED1.5 billion in real estate transactions....

Have you ever waited for a taxi when running late? Or did you have invoices that were due the next day, but no offices were open? Flying abroad but unsure of which website offered trustworthy information and booking options? Governments in each of the United Arab Emirates have applications that act as a one-stop shop and let you access both government and some commercial sector services. These are the...

On Tuesday, Deyaar Development PJSC declared that it will begin construction on three new projects in Al Furjan, which would cost about Dh300 million. The projects will have 400 unique units with one, two, or three bedrooms that will be divided between residential and hotel flats. Amalia Residences will be the first project, while the other two will be revealed in 2023. Saeed Mohammed Al Qatami, CEO...

Danah Bay, Dubai Investments' most recent flagship freehold property in the UAE, is located on Al Marjan Island, and development on it began in earnest on Thursday. Danah Bay in Ras Al Khaimah is a resort-style hideaway with a Dh1 billion price tag. The project covers about 86,000 square meters, including 40,000 square meters of beaches. The project’s residential tower has 128 apartments, ranging...

A Jumeirah penthouse just advertised for Dh120 million, making it one of the most expensive listings ever. The emirate's real estate market has been expanding all year. The four-bedroom, ready-to-move-in penthouse is advertised on Penthouse.ae, a premium division of Metropolitan Premium Properties, and features double-height ceilings, a majlis area, a private elevator, and four bedrooms. The steep...

A research claims that the value of real estate transactions in the Emirate of Sharjah climbed from AED1.9 billion in October to AED2.7 billion ($735 million) in November. 650 of the 2,813 real estate transactions performed during that time were sales, accounting for 23.1% of all transactions, according to a data from the Sharjah Real Estate Registration Department (SRERD). A total of 322 mortgage...

The Dubai Land Department (DLD) reported 468 sales transactions for AED1.39 billion, 84 mortgage deals worth AED259.89 million, and 65 gift deals worth AED109.6 million on Thursday in the city's real estate market. To date, real estate sales have exceeded AED 1.7 billion in value. The sales included 67 land plots at AED363.83 million and 401 houses and apartments totaling AED1.03 billion. The mortgages...

B1 Properties recently disclosed that this season's sales of its Palm Jumeirah villas were among the highest ever. The meticulously curated portfolio of the premium real estate firm includes the most sought-after properties in the Middle East. B1 Properties, which was founded in 2021 and specializes in buying properties on the Palm Jumeirah, has quickly established itself as the industry leader in luxury...