The rise represents an 8.4 per cent year-on-year increase, and an average annual increase of 13.7 per cent over the last five years
Upon completion of the initial office tower’s construction, which is expected by the end of 2026, the property will be managed by Aldar Investment
Construction of the project is set to start in the last quarter of 2023, with handovers projected for Q3 2026
The MoEI issued the aid via 432 decisions on applications for house construction, completion, purchase, maintenance and upgrades
Construction is set to begin this year and is expected to be completed in May 2027
Short-term lets have increased by more than 100 per cent in the emirate since the Dubai government relaxed laws around private property owners letting their homes out on Airbnb
The deal is the largest of its kind signed in the Saudi banking industry
The Devmark Group is the exclusive sales and marketing partner for Expo City Dubai’s residential offerings
The growing stature of Dubai as a tourist destination is redefining developers’ strategies
Located in Downtown, the project is set for completion in 2025
The real estate arm of Saudi conglomerate, Rawabi Holding, is looking to be part of the solution on climate change
The managing director – Residential Communities shares how DHAM offers a broad spectrum of communities that cater to the needs of Dubai’s residential leasing landscape
Majid Al Futtaim – Retail’s online sales continued their growth trajectory reporting revenue increase from digital sales by 51 per cent year-over-year
The emirate’s real estate sector recorded 9,010 sales transactions valued at Dhs23.5bn
The rates for mortgages shorter than 20 years remain the same
The involvement of research and advisory in real estate begins ideally at the concept and feasibility study stage of the project
Emaar’s group property sales in 2022 reached $9.5bn, primarily driven by new project launches
The second tap was executed based on investor feedback and inquiries, following extensive roadshows across the UK and GCC
The revenue for 2022 rose by 12 per cent YoY to Dhs1.97bn due to a significant increase in new customers and the delivery of new built-to-suit projects
Aldar’s group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year
KPMG has allocated a dedicated co-investment fund for metaverse use-cases in Saudi Arabia to work together with public and private partners on expediting the technology for practical use
The three-bedroom apartment in the Bulgari Resort and Residences sold for the highest recorded price per square foot in the history of Dubai
China State Construction Engineering Corporation will carry out main works construction of the 71-storey Cavalli Tower
The project will include more than 50,000 residential units for more than 250,000 people
Apartments are available for purchase from February 9
Off-plan transactions witnessed a remarkable performance, with a 90 per cent YoY increase recording over 5,000 transactions
The Link will feature a gross floor area of 30,000 square metres comprising sustainable offices, residences, visitor centre, multi-use hall and leisure amenities
The communities will feature over 9,000 residential units, with launches planned for this year
This co-retail space provides an accessible, tech-powered retail platform, where shoppers can explore multiple product lines under one roof
Delivery of around 200,000 square metres of retail floorspace last year raised Dubai’s total stock to 4.63 million square metres, with about 355,000 square metres of space scheduled to be delivered in 2023 across the city