Dubai Areas

Property prices and rents in Dubai will remain stable over the next 18 months and could decline afterward due to increasing supply following many new project launches after the pandemic, analysts at S&P Global on Monday. A note issued by the international ratings agency said that Dubai's property market will remain resilient, and there has been no impact of the regional geopolitical conflict on the...

According to figures from the Land Department, the Dubai real estate market saw transactions totaling more than AED19 billion ($5.2 billion) last week.According to Land Department data, sales dominated the figures, with AED12.48bn ($3.3bn).Between September 23 and September 27, 4,609 sales transactions were registered.Dubai real estate this weekAmong the top sales transactions listed on the Land Department...

Out of all the major cities in the world, Dubai's property market is expected to develop at the fastest rate this year; nevertheless, the high level of new supply may cause a mild correction in the near run.According to UBS Global Real Estate Bubble Index 2024 released on Tuesday, Dubai's score has increased from 0.14 in 2023 to 0.64 this year. Meanwhile, the emirate's ranking in the index has risen from...

The Rise of Branded Residences in DubaiMarket analysts said that Dubai's realty sector is witnessing a sharp increase in branded residential developments, reflecting not only the growing demand for luxury living but also the willingness of buyers to pay a gratuity for the exclusivity that arrives with a branded residence.More than 120 branded developments in Dubai this year, a sharp increase from just 69...

Dubai’s real estate market has stabilized following significant price increases in off-plan properties during 2023, according to a report by Better Homes.The market witnessed a spike in off-plan property prices over the last year, driven by high demand and limited supply in critical areas.Prices in high-demand locations such as Dubai Hills Estate, Business Bay, and Jumeirah Village Circle surged 15-30...

Nadd Al Hamar is one of Dubai's quieter residential areas, offering a serene and peaceful environment away from the hustle and bustle of the city. While it might not be as widely known as other parts of Dubai, it boasts a charm that makes it a hidden gem for families, professionals, and investors alike. In this article, we'll explore everything about Nadd Al Hamar – from its residential appeal to the...

Dubai and Abu Dhabi's real estate markets are among the most improved in the world in terms of transparency, according to a global sector survey.According to JLL's 2024 Global Real Estate Transparency Index (GRETI), the UAE cities achieved spots among the top five global improvers in the transparency score.Dubai took third place for improvements achieved between 2022 and 2024, and Abu Dhabi took fifth...

A private developer based in the United Arab Emirates, Azizi Developments, has revealed designs for Burj Azizi, a 725-meter skyscraper that is expected to become the second-tallest building in the world.By 2028, the Sheikh Zayed Road project in Dubai will be finished.The more than 131-story building will be up for sale in February 2025. In addition to various amenities like wellness centers, swimming...

The UAE property market will see a touch of upscale London design thanks to Dubai's new real estate development. LEOS Developments has announced the official unveiling of its latest project, Knightsbridge, which has a gross development value of AED1.75bn ($476m) and is located in the heart of Meydan in District 11.Dubai's first climate-adaptive wellness community will officially open with this project,...

Project OverviewDubai-based property developer Binghatti has announced the opening of Binghatti Royale, a new residential complex in Jumeirah Village Circle (JVC) that will cost $600 million (AED 2.2 billion).Increased investor demand for Binghatti developments in the area—some even selling out in less than a day—fueled the debut.Development DetailsThree hundred fifty-four residential units, comprising...

SOL Properties has started constructing Fairmont Residences Solara Tower Dubai, elevating the regional real estate landscape.Fairmont Residences Solara Tower Dubai will offer residents access to integrated services and luxurious amenities, including a private swimming pool, fitness center, and spa, delivering a hotel-like experience in the comfort of their homes and positioning the tower as a significant...

The Dubai law allows one person to have 5.0 square meters of space in villas and apartments in the emirate. Overcrowding and breaking local rules are regarded to occur when more than one occupancy occupies the 5.0 sqm of available area."The minimum space for occupancy, dealt with by Dubai Municipality building code, states that for residential accommodation or shared sleeping spaces purposes, the allocated...

The real estate landscape in Dubai is evolving rapidly and is characterized by high competition and a demand for more personalized services. Traditional real estate transactions frequently fail to meet client expectations in this dynamic market, necessitating the adoption of creative strategies that put the consumer's needs first.With focused, individualized services, DXBA.com aims to carve out a...

According to its chief executive, Sunrise Capital, an up-and-coming developer in Dubai, has a huge pipeline of luxury villa and apartment projects that it hopes to develop throughout the United Arab Emirates.The company, promoted by an Indian-origin group, is also preparing to launch its maiden mixed residential and commercial project in October – an AED400 million project in Dubai’s Wasl Gate...

Nakheel, part of Dubai Holding Real Estate, has awarded a contract worth AED810 million (approximately $221 million) to Jan De Nul Dredging LTD for marine works on Palm Jebel Ali.As part of the project, which is a component of Dubai's growing real estate market, the Belgian company will be handling sand placement, beach profiling, reclamation, and dredging.Nakheel signs major Palm Jebel Ali contract with...

In the United Arab Emirates, new residential complexes increasingly feature amenities on par with those found in 5-star hotels.Location is a crucial factor in buying property anywhere in the world. Still, amenities also play a critical role, especially in advanced cities like Dubai, where residents look for villas and towers with modern features and facilities that meet their lifestyle needs.These...

Dubai real estate investors can access services remotely through video calls or WhatsApp messages, eliminating the need for time-consuming office visits, thanks to an innovative new launch.The "6005AQARI" platform was launched in conjunction with the "Injaz" Real Estate Registration Trustee as a calculated strategic step that reflects the Dubai Land Department's (DLD) dedication to strengthening...

Project OverviewThe debut of Mira Coral Bay, a new, expansive beachfront project in the Al Mairid area, has been announced by Marjan, the master developer of freehold homes in Ras Al Khaimah. Developed in partnership with Mira Developments, this ambitious project is a mixed-use destination redefining Al Mairid's status as an investment and tourism hub. Mira Coral Bay is a considerable investment in the...

Faster Property Registration in DubaiWith registration times dropping from days to minutes, purchasing real estate in Dubai will become easier and faster.This arrived after the Dubai Land Department signed a contract with the top 7 developers of the emirate, authorizing them to use its registration method to handle all real estate transactions.Empowering Developers and Increasing Registration CapacityThe...

On Monday, the Dubai Land Department (DLD) restricted 10 property owners from contracting their properties due to overcrowding and protection standards. The regulator announced that this decision was made after the regulator's partners carried out inspections."DLD, in partnership with its strategic partners, conducted thorough inspection campaigns that resulted in banning ten property owners from leasing...