Dubai's iconic skyline is set to welcome a new addition as Azizi Developments, a renowned property developer, has officially revealed its grand vision to construct what will be the second-tallest building in the world. Farhad Azizi, the Chief Executive Officer of Azizi Developments and Vice Chairman of the Azizi Group, made the groundbreaking announcement, setting the stage for an impressive feat in...

Dubai's real estate market experienced a significant shift in the second quarter of 2023, with apartments witnessing robust growth while the sales of villas saw a marginal decline. New data released by the Dubai Land Department and Better Homes shed light on the current trends and factors influencing the market dynamics. This article aims to delve into the key findings, reasons behind the changing...

Stella Stays Unveils Two New Branded Residences in Al Barari, Redefining the Dubai Real Estate Experience Dubai-based proptech start-up, Stella Stays, has recently announced the launch of two exquisite branded residences located in the prestigious Al Barari neighborhood. This exciting development, consisting of 90 state-of-the-art units, aims to provide residents with a truly personalized rental...

Sobha Realty, a prominent real estate developer in the United Arab Emirates (UAE), is anticipating robust sales figures for the year 2023. With a projected sales target of Dh16-18 billion ($4.9 billion), Sobha Realty aims to nearly double its sales compared to the previous year. The surge in sales is primarily attributed to strong demand from Russian, Indian, and British investors. The company's...

Dubai, the global city of opportunity and luxury, has emerged as a preferred destination for living, working, entrepreneurship, and tourism. Over the past two decades, Dubai has witnessed an incredible urban shift that has transformed it into a thriving metropolis. As a result, the Emirate has become a magnet for investors from around the world, attracting individuals with varying financial solvency. In...

Dubai, known for its luxurious lifestyle and architectural marvels, continues to be a hub for real estate investments. The city's dynamic landscape is constantly evolving, with new and exciting projects emerging each year. In May 2023, several real estate projects in Dubai have been performing exceptionally well, attracting both local and international investors.  With a diverse range of properties...

The post-pandemic period has witnessed a surge in rental prices across the UAE, placing a financial burden on tenants. In Dubai alone, rents have jumped by 18 percent compared to the previous year, according to Property Finder's first-quarter report. However, tenants can take proactive steps to negotiate lower rates and alleviate the impact of rising rental costs. In this article, we will discuss eight...

Renowned billionaire investor and emerging markets expert, Dr. Mark Mobius, has expressed his bullish stance on Dubai's real estate market, highlighting the city's thriving potential and untapped investment prospects. In an exclusive interview with Arabian Business, Mobius, who recently relocated to Dubai, commended the emirate's attractive combination of factors, including tax benefits, robust...

Dubai is a city renowned for its extravagant lifestyle, iconic architecture, and unparalleled opportunities. Among the numerous residential areas that have emerged in this vibrant city, Alfurjan stands out as an exceptional choice for those seeking a harmonious blend of comfort, convenience, and luxury. With its strategic location, excellent infrastructure, and a wide array of amenities, Alfurjan has...

The Emirate of Dubai continues to solidify its position as a global economic powerhouse, once again emerging as the world leader in attracting foreign direct investment (FDI) in new companies. Crown Prince Sheikh Hamdan bin Mohammed Al Maktoum proudly announced that Dubai secured the top ranking in the fDi Intelligence global rankings for 2022, with remarkable growth and an impressive influx of foreign...