ROI

DAMAC Properties, a prominent UAE real estate developer, has announced its entry into Ras Al Khaimah with the launch of Shoreline by DAMAC. The project on Al Marjan Island marks the company's inaugural development in the emirate.Located on Island 4, Shoreline by DAMAC will provide duplexes and apartments with immediate beach access that sleep one, two, or three bedrooms.Following their prior work on the...

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...

ENBD REIT, the Shari’a-compliant real estate investment trust managed by Emirates NBD Asset Management Limited, sold Remraam residential assets for an undisclosed amount, but at a slight premium to market value on 31 March this year.In a filing with Dubai Financial Market (DFM), ENBD REIT said the decision to divest the asset aligns with its turnaround strategy to optimize its portfolio with a focus on...

Non-resident Indians (NRIs) are increasingly focusing on the Dubai real estate market, drawn by the promise of tax-free returns and potential yields of up to 10%, experts told Arabian Business.NRI investors looking for profitable real estate opportunities continue to be drawn to the UAE since there are no restrictions on the amount of property they can buy and chances for long-term visas.“The obvious...

To strengthen the real estate market in the city, a real estate firm in Dubai has brought on 20 Emirati agents to its staff. D&B Properties has successfully onboarded more than 20 Emirati real estate agents as part of a new strategic collaboration with the Dubai Land Department (DLD). This initiative, aimed at supporting the Dubai Real Estate Brokers Program, marks a significant milestone in fostering...

Due to increased demand from locals and wealthy individuals who moved to Dubai, villa prices have more than doubled in 10 communities in the last four years.The most recent delinquent data from international real estate consulting firm ValuStrat, which includes Jumeirah Park, Palm Jumeirah, Jumeirah Islands, Green Community West, Arabian Ranches, Dubai Hills Estate, Emirates Hills, and Jumeirah Islands,...

Dubai has been ranked among the few cities worldwide, and its property market growth is accelerating.The Emirate is ranked along with Bangkok, Berlin, Stockholm, Hong Kong, Jakarta, Paris, and Warsaw, where the property market's growth is accelerating, according to global real estate consultancy JLL's Global Real Estate Perspective.Dubai's Real Estate Outperforms Global PeersThe Emirate's real estate has...

According to formations cast on Monday, more than 17,000 real estate transactions totaling Dh55.5 Bn were confirmed in Dubai last month, establishing a new record for July 2024. According to Property Finder data, the market maintained an upward trend, seeing a 59% increase in transactions and a 57% increase in value when compared to July 2023.Key Areas and Market SegmentsThe industry saw a turning point in...

DHG Properties, a leading Swiss real estate development company, has announced that it has achieved significant sales milestones for its latest project, Helvetia Residences, located in Jumeirah Village Circle, Dubai, with 58% of its units sold within the development.Dubai's Real Estate Market OverviewDubai's real estate sector has grown with active off-plan and ready property activity. In Q2 of 2024,...

Over Dh2.5 billion in sales have been made in all four stages of Sharjah Sustainable City, the first sustainable master-planned residential community created by the Sharjah Investment and Development Authority (Shurooq) in collaboration with Diamond Developers.This significant event highlights the growing need for and awareness of sustainable living alternatives, as only a small number of the original...

Sell-out Success at South BayDubai South Properties announced the successful sell-out of the final phase of South Bay, its unique development in the heart of Dubai South's Residential District, four hours after launching it onto the market.The new launch follows the sell-out of all previously launched units across different phases, reiterating the massive demand for properties in the area and the strategic...

Discovery Dunes, the first-of-its-kind members-only premium residential community in the region, has highlighted the importance of its growth in Dubai's prime community market. The project, which is part of Discovery Land Company, a pioneer in private clubs and communities with 35 destinations worldwide, intends to be a cozy retreat for families looking to make enduring memories.Located across 27 million...

Dubai City is where technology blends with tradition, where the city's skyline changes constantly, and a place in which luxury is the norm, not the rare exception. Within this vibrant city is Al Thowima Residences, an extravagant sanctuary that stands out from the myriad of luxurious living choices. Suppose you're looking for a luxurious and tranquil home still in the bustle of Dubai and the city's bustle....