2024

Strategic PartnershipBinghatti, a leading Dubai-based developer, has entered into a strategic partnership with Dubai Land Department (DLD) to enhance the role of UAE nationals in the real estate market. DLD Director-General Marwan Bin Khalifa and Binghatti Chairman Muhammad BinGhatti signed the agreement.This partnership supports the Dubai Real Estate Broker Programme founded by DLD last March. The program...

Welcome to Dubai's bustling real estate world! Recognized as an emerging Middle Eastern property market, Dubai has long been considered an attractive location for real estate investment opportunities. In this bustling metropolis where innovation meets tradition, the landscape changes rapidly due to visionary real estate developers transforming Dubai. Join us as we journey deep into this realm and highlight...

Ghaf Woods Real Estate DubaiDubai real estate developer Majid Al Futtaim has officially established a massive new real estate development with additional trees than residents.Ghaf Woods is MAF's first forest residence community, including 7,000 properties and more than 35,000 trees.Additionally, the community's expansive ratio, at 15 sq m of open space per resident, is 40 percent above World Health...

United Arab Emirates (UAE) is a standout as an ideal destination for investors all over the world, bringing investors with its promises to attract investors from all areas of society. Today, in 2024 UAE continues to be a source of development, creativity and wealth bringing investors from many sectors across the world however, which sectors impact investors an advantage when searching for opportunities to...

According to DHG Properties, the UAE's residential real estate market is being boosted by the commercial property market as tax advantages, high rental yields, and Golden Visas lure international investors. The renowned Swiss real estate developer said the UAE's high commercial property demand translates to tremendous residential real estate success for the country. DHG cites a 45 percent increase in...

Dubai's real estate rental business is expected to grow to new heights in 2024, having reached almost $10 billion last year.According to Provident Property Management, the rental activity in the Dubai real estate market has increased significantly, indicating the market's continued success.A new report said the average price for renting apartments in the city is approximately AED73 ($20) per square foot so...

The Dubai Land Department (DLD) has fined 3 developers in Dubai AED500,000 ($136,100) for promoting and marketing real estate tasks without finishing the required registration tactics for off-plan tasks, according to Law No. 8 of 2007 on Real Estate Development Escrow Accounts.The escrow account is a bank account specific for an actual estate task, where the price range gathered from shoppers of off-plan...

Family offices are fast emerging as the new focal points for attracting and routing high-value investments in Dubai’s real estate sector, providing tailored solutions in sync with the unique goals and values of the ultra-rich, industry insiders said.The increasing tendency is causing the number of foundations and entities affiliated with well-known family companies and individuals at the Dubai...

Denmark, a real estate consultancy in the UAE, has officially launched sales for the Kempinski Marina Residences in Dubai in partnership with ABA Group and Kempinski Group.Prior to its opening, the initiative attracted hundreds of expressions of interest, and in its first 48 hours, revenues topped AED 1 billion.“We are delighted to unveil the luxurious details of Kempinski Marina Residences, Dubai,”...

Dubai's skyline is an array of stunning architectural wonders. And one of them stands out can be The Burj Royale. The iconic home, located within the heart of Downtown Dubai offers the ultimate in luxuriousness and comfort. Who will collect the most when they make Burj Royale home? We'll explore the many advantages this luxurious property offers, ranging from extravagant facilities to investments, and...

Dubai Production City, also known as the International Media Production Zone (IMPZ), is a free zone situated near Sheikh Mohammed bin Zayed Road and Al Khail Road for easy access to commercial hubs like Downtown Dubai and Dubai Marina.Cutting-Edge Technology Covering 43 million square feet, Dubai Production City offers cutting-edge infrastructure such as high-speed internet and advanced telecom services,...

After Emirates Hills, Jumeirah Bay Island, and Palm Jumeirah, elites seeking to settle in Dubai have turned to Jumeirah Islands as a new hunting area.Prime Neighborhood EmergesGlobal real estate consultancy Knight Frank said the Islands recorded more than 10% of all deals valued at over Dh10 million over the past three years, demonstrating that the area can hold its value and become a prime...