Dubai's real estate market is currently experiencing a historic bull run, setting itself apart from previous peaks in 2008 and 2014. According to leading expert Alex Galtsev, founder of Realiste, an AI-based proptech firm, the city's property prices are unlikely to come down in the near future. Dubai's strategic location, sophisticated infrastructure, transparent legal framework, and growing AI-driven...
Dubai's real estate market continues to soar as Samana Developers, a prominent player in the region, announces the successful launch of its Dhs215 million California residential project in the Al Furjan neighborhood. This ambitious project, the first in the area under the supervision of master developer Nakheel Properties, has quickly garnered attention, with 90% of its units sold...
Dubai's real estate market continues to flourish, with prime residential property developer Taraf making its mark with the launch of Terrazzo Residences in the sought-after Jumeirah Village Circle (JVC). As the real estate division of UAE's Yas Holding, Taraf aims to provide residents with a unique living experience that seamlessly blends luxury, nature, and community connections. The Terrazzo...
Dubai Properties has taken the real estate market by storm with the exciting announcement of the new phase at Mudon Al Ranim, the highly sought-after neighborhood located in the heart of Dubailand. This latest development marks the conclusion of the Mudon master development, which has captured the imagination of homebuyers with its exceptional design, family-oriented amenities, and unmatched indoor-outdoor...
Abu Dhabi, the UAE capital, is experiencing a remarkable boom in its real estate market as an increasing number of high net-worth individuals (HNWIs) from around the world flock to invest in the city's luxurious properties. The market is currently witnessing one of its best stages ever, with rent prices for budget apartments and villas rising since January 2023, according to a report by Bayut, a leading...
In the dynamic world of Dubai's real estate market, investors from various countries have been making their mark in recent years. Among them, Norwegians have emerged as a prominent force, securing their position as the second largest group of buyers in the commercial real estate sector in the second quarter of 2023, right after Indian investors. This shift in buyer demographics is indicative of the growing...
The United Arab Emirates (UAE) is no stranger to soaring temperatures, but in 2023, the country has witnessed an unprecedented milestone in its weather history. With temperatures exceeding the searing threshold of 50°C, residents and visitors experienced an intense heatwave that left them searching for respite. The National Centre of Meteorology (NCM) recorded the scorching temperature of 50.1°C in Bada...
In a groundbreaking move, the emirate of Ras Al Khaimah (RAK) is set to challenge Dubai's real estate dominance by launching the United Arab Emirates' (UAE) first legal casino in 2027. The ambitious project is part of a grand luxury resort designed by Wynn Resorts and is expected to be the world's largest casino, sprawling over 18,500 square meters on the picturesque Al Marjan Island. The announcement...
The Burj Khalifa area in Downtown Dubai has emerged as a real estate hotspot, displaying remarkable growth during the first half of this year. According to data from the Dubai Land Department, the region recorded a staggering 2,454 real estate sales transactions amounting to 10 billion dirhams. This impressive performance showcases an 11% increase compared to the same period last year, during which the...
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...
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