Residential property prices in Dubai, which have surged in recent years, are predicted to grow at a steadier pace in 2025, with an expected increase of 5–10%. Industry experts attribute this to robust demand for luxury properties, off-plan developments, and affordable housing options. Dubai’s world-class infrastructure and investor-friendly policies remain key attractions for residents and...
Damac Properties, Dubai's leading private developer, closed 2024 with a resounding success, achieving over Dh10 billion in property sales in under 10 hours. This remarkable feat underscores the unwavering confidence of investors in Dubai’s thriving real estate market and sets an optimistic tone for the coming year. The highlight of this achievement was the sale of 3,100 units in the highly...
Dubai is set to host an extraordinary new $1 billion science institute, funded by none other than Elon Musk, the world’s wealthiest individual. Named "The Musk Institute," this groundbreaking facility will pioneer research in revolutionary fields such as gravity and nuclear fusion, with the mission of attracting and nurturing the brightest minds from across the globe, according to Errol Musk,...
Dubai’s property market is on a meteoric rise, with nearly 20% of homes now valued above $1 million. This growth has transformed countless homeowners into "accidental millionaires," as properties they purchased for under $1 million have surged in value, driven by high demand and price inflation. Since 2002, over 95,000 homes in Dubai have crossed the $1 million threshold,...
Dubai's real estate market is outpacing both London and New York, offering impressive returns with investment yields of 7% and robust price growth. With a combination of rising prices, investor-friendly policies, and a market that attracts both buyers and investors, Dubai stands out as a prime location for property investment. At an average price of just $438 per square foot, it offers incredible...
Dubai’s real estate market has achieved a remarkable milestone, surpassing AED 50 billion in total sales for the first time ever. According to a recent report from Engel & Völkers, sales transactions jumped 80% year-over-year, reaching a total of 19,605. This surge was primarily driven by the off-plan market, where sales soared by 117% despite limited supply. As a result, Dubai continues to be a...
In 2024, Dubai, the business center of the Gulf, saw a very busy real estate market, with sales surpassing $100 billion. A recent report from Alkhaleej newspaper states that more than half of these sales were for homes in the first ten months of the year. The total real estate transactions reached about 432 billion UAE dirhams (around $118 billion). Sales included apartments, villas, and hotel...
Dubai’s real estate market continues to defy expectations, setting a new benchmark in September 2024 with an astounding 18,038 transactions. This marks nearly 900 more transactions than the previous record of 17,139 set in May, showcasing the sector’s unstoppable momentum and investor confidence. An impressive 95% of these transactions were residential, totaling 17,151 sales. EMAAR Properties led...
Dubai’s Next Skyscraper Marvel: A New Super Tower by EMAAR !! One of Dubai's top developers, EMAAR Properties, is setting the stage for a groundbreaking new tower that aims to rival the iconic Burj Khalifa—currently the tallest building in the world at 828 meters (2,717 feet). Known for attracting tourists and offering an unmatched luxury lifestyle, Burj Khalifa may soon face competition from this...
Investing in Dubai’s real estate is more than just a financial decision; it’s a gateway to a unique and sophisticated lifestyle. Dubai seamlessly combines luxury with innovation, making it an irresistible destination for discerning investors. The city offers an impressive range of properties, from opulent penthouses to stunning waterfront villas, reflecting its high standards of living. Its...
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