Stay on top of latest news, announcements and research related to Dubai’s real estate

UAE: Now, investors can get eNOC to sell property in Dubai

Property investors in Dubai will no longer have to go to a developer's office and apply for a no...
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Dubai realty keeps its poise, posts transactions worth Dh11B+

Dubai’s resilient real estate sector continued to witness a steady surge in investments by...
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Saudi’s Shoura proposes allowing non-resident foreigners to own real estate

Saudi Arabia’s Shoura Council has called on the Real Estate General Authority to coordinate with...
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UAE markets up, Bitcoin crosses 40,000 barrier

Property, banking and financial sector shares offer support to benchmark indices in Abu Dhabi and...
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Dubai Property Market Re-Emerging from Pandemic Outbreak

According to GlobalData, Dubai's construction sector is showing early signs of a long-awaited...
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Dubai’s weeklong real estate transactions valued at AED10.7 billion

Dubai Land Department (DLD) recorded a total of 2,069 real estate and properties transactions with...
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UAE billionaire Hussain Sajwani offers to take Dubai developer Damac private

Dubai-based billionaire Hussain Sajwani intends to take Damac Properties PJSC private by buying its...
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Investor group claims majority to block Emirates Reit sukuk exchange deal

A group of 11 institutional investors of Emirates Reit claimed that it had mustered the support of...
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Dubai’s Emaar Properties signs property assets protection agreement with DIFC Courts

The Dubai International Financial Centre (DIFC) Courts and Emaar Properties have signed a...
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Deyaar board approves Dh500m settlement offer from Limitless

The board of Dubai developer Deyaar approved a Dh500 million ($136m) settlement offer from...
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Dh25,000 minimum salary in Sharjah: Emiratis thank Sheikh Sultan

Sharjah citizens have lauded His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Member of the...
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Dubai, Abu Dhabi drive $18.6bn UAE real estate sales in Q1

UAE property market has witnessed nearly AED68.6 billion in transactions in the first three months...
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Dubai registers $25bn real estate transactions from Jan to April 2021

Dubai has registered 25,455 real estate transactions worth $25bn (AED92bn) from January to April...
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Cryptos polarising Dubai realty players

The Dubai property market remains divided over buying and selling transactions through...
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Dubai posts property deals worth Dh36b in four months

Dubai’s real estate sector recorded 4,832 sales transactions worth Dh10.98 billion in April 2021,...
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Global property markets ready to soar this year

Average home selling prices have hit eye-watering levels in 2021 in some countries. That trend is...
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Dubai records Dhs92b worth of realty transactions

Dubai property sector is on a solid growth track and marching ahead despite the COVID-19...
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Invest in Dubai Real Estate partners with International Property Show to hosts think Tank Programme

Invest in Dubai Real Estate, the virtual real estate platform and a major initiative of Dubai Land...
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Nakheel sells 217 villas worth Dh800M in record 4 hours

Amid the flurry of positive news coming out from Dubai’s property sector, Nakheel added some more...
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Dubai luxury real estate sales jump 25 percent in Q1 as prices decline

Sales of prime villas and apartments in Dubai rebounded in the first quarter of 2021 helped by a...
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Dubai real estate firm plans to accept Dogecoin as payment

A Dubai developer announced on Wednesday it plans to begin accepting Dogecoin as a payment option...
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Dubai dissolves special tribunal for settling disputes with home lenders

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE,...
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Dubai property sales during Ramadan month touches record Dh9.99b, says Property Finder

Property transactions in Dubai during this year’s Ramadan weeks came to a substantial Dh9.99...
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London’s luxury property market rebounds, with Arabs preferring ‘turnkey’ properties

London’s super prime residential market continues to show signs of recovery, according to the...
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Damac posts Dh190 million Q1 2021 net loss

Damac Properties posted net losses of Dh190 million in the first quarter of 2021 compared to...
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Dubai’s property market splits as villa and apartment demand diverges

Apartment and villa property markets in Dubai were polarised during the first three months of 2021...
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Now, you can buy property in Dubai with debit, credit cards

Ahmad Al Matrooshi of Emaar Development said in a fast-growing, digital world, customers would...
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Dubai’s April property sales at near Dh11b – best in four years

End-users are driving demand, with property values increasing in some locationsThis content was...
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Dubai: Supply of new residential units stays strong in Q1 at 10,500

Supply of new residential units in Dubai is going strong even during the Covid-19 pandemic with...
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RAK Properties’ profits jump 433% to Dh64.14m

RAK Properties has announced that its profits have increased by 433 per cent during the first quarter of 2021. The company has recorded a profit total of Dh64.14 million, compared to Dh12.04 million for the same period in 2020. The increase reflects the success of RAK Properties’ strategy in overcoming the challenges resulting from the exceptional circumstances faced the world over, and transforming them into opportunities that benefit both investors and shareholders. The company has also recorded a rise in the value of assets by 2.9 per cent to reach Dh5.97 billion, compared to Dh5.8 billion in the first quarter of 2020, which is a result of increased investments in the development of hotel and residential projects in various locations across Ras Al Khaimah and Abu Dhabi. Additionally, the company's revenues grew by 244 per cent to reach Dh124.3 million in the first quarter of 2021, in comparison to Dh36.14 million in the first quarter of 2020. Abdulaziz Abdullah Al Zaabi, chairman of RAK Properties, said: business@khaleejtimes.com
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Dubai’s luxury home rentals are gaining again

With $10,000 a month, you can now rent out a 4,800 sq. ft. home in DubaiThis content was taken from...
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Sales of ready-to-move-in villas, townhouses in Dubai set new record during March

Dubai: Ready homes are what property buyers in Dubai are into these days, with March seeing the...
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Buoyancy returns to Dubai realty

The Dubai property market continued to strengthen in Q1 2021 to record the first yearly price...
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Billionaire Nick Candy’s $243m Hyde Park penthouse attracts major Arab interest

British billionaire entrepreneur Nick Candy is listing his luxury penthouse in London’s One Hyde...
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Sharjah posts Dh6.7b real estate deals in Q1

Sharjah’s real estate sector saw a volume of transactions valued at Dh6.7 billion during the...
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Dubai had 4,643 property sales worth 10.93b in March

Dubai: According to the 13th edition of Mo’asher, Dubai’s official sales price index, launched...
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Azizi Developments becomes first UAE developer to sell property to Israeli investor

 Dubai: UAE’s Azizi Developments has become the first developer in the country to register an...
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Dubai’s new super-luxury office tower ICD-Brookfield at DIFC is winning tenants slow and steady

Dubai: ICD-Brookfield has had to ride Dubai's economic roller-coaster since opening the largest...
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UAE tenants rate chiller-free and no commission for brokers as top picks for rental moves

Dubai: Chiller-free rental options are at the top of the mind of UAE tenants seeking a new home to...
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Azizi Developments awards Stromek Emirates Foundations deal for Riviera Phase 3

Azizi Developments has awarded Stromek Emirates Foundations with a multimillion deal for shoring,...
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Are you in the market for a new property? Purchase a property from Amlak Finance

For over two decades, Amlak Finance PJSC has been a key player in the evolution of the region’s...
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Dubai property investors hold back assets’ sale as prices increase

As the property prices recover in Dubai, investors are holding back the sale of their assets to...
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Dubai’s Guinness World record seeking One Za’abeel towers have their topping out

Dubai: Both towers making up Dubai’s next iconic project – the One Za’abeel – have been...
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Dubai-based Gulf Islamic Investments adds to its London assets with 60m pound West End deal

Dubai: The Dubai-based asset manager Gulf Islamic Investments (GII) has picked up its second...
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Aldar’s Noya Viva on Yas Island sold out within 48 hours

Aldar Properties has announced that Noya Viva, the second phase of its Noya development on Yas...
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UAE district cooling giant Tabreed can call in another $500m to ‘fuel growth’, says CEO

Real estate and property transactions in Dubai were valued at Dh3 billion this week, with the ...
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Dubai weekly realty deals top Dh5b

Real estate and property transactions in Dubai were valued at Dh3 billion this week, with the ...
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‘Incredible Q1’ for Dubai realty as affordable prices lure first-time buyers

Real estate and property transactions in Dubai were valued at Dh3 billion this week, with the ...
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Dubai Properties Recognised for 1/JBR at Cityscape Awards

Flagship development named best future medium- to high-rise residential projectDubai-UAE:...
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SPONSORED Offer from Peace Homes Real Estate: Pay 5 per cent and move into your dream home at Plazzo Heights

Real estate and property transactions in Dubai were valued at Dh3 billion this week, with the ...
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Arada begins handovers for 255 new homes in Aljada

Real estate and property transactions in Dubai were valued at Dh3 billion this week, with the ...
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Dubai Plan 2040: Up to 550,000 new property units required

According to the Dubai Statistics Centre, the supply of apartments and villas in Dubai is over...
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Dubai Land Department showcases initiatives at virtual edition of IREX India 2021

Real estate and property transactions in Dubai were valued at Dh3 billion this week, with the ...
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Azizi Developments delivers Mina on Palm Jumeirah

Real estate and property transactions in Dubai were valued at Dh3 billion this week, with the ...
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Egypt’s construction giant Orascom to hand out $27m as 2020 dividends

Dubai: Orascom Construction, one of the Middle East’s biggest names in projects, will be issuing...
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Azizi tests waters with Dh26.8m penthouse as Dubai’s luxury properties rise again

Real estate and property transactions in Dubai were valued at Dh3 billion this week, with the ...
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Another Dh100 million villa hits red-hot Dubai’s Palm Jumeirah

Dubai: The Villa Aurum is the latest Dh100 million home on the Palm, as more investors clamber on...
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Dubai realty transactions at Dh3 billion

Real estate and property transactions in Dubai were valued at Dh3 billion this week, with the ...
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Azizi tests waters with Dh26.8m penthouse as Dubai’s luxury properties rise again

Dubai: A villa on the Palm recently sold for Dh111 million – easily the priciest residential transaction in Dubai in the year so far. Now, a developer is testing the Palm waters to gauge what sort of buyer interest is there for a penthouse apartment, with a tag of Dh26.8 million. Azizi Developments has started handover of units at the Mina, and expects to nail a deal for the penthouse soon enough. “There are only two penthouses at the project – and I am keeping one for myself,” said Farhad Azizi, CEO. “The Mina handovers are happening at the best possible time… there is a fresh wave of interest for Palm properties. This is why we are quite confident about the chances of the second penthouse.” The Dh26.8 million unit takes up 3,002 square feet and 7,228 square feet of balcony/terrace space with a private rooftop pool. The Mina is the developer’s second project on the Palm, and is part of the 10,000 new homes it will be handing over this year in Dubai.
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GCC construction on recovery path; Dh8.8 trillion active projects

The GCC construction market is estimated at $2.4 trillion (Dh8.8 trillion) with around 21,000 active projects while $33.8 billion (Dh124 billion) worth of projects were completed last year, says a report.
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Dubai’s short-term property rentals will make a comeback

IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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UAE:More individual investors are going for off-plan properties

UAE’s off-plan properties are seeing high demand from individual investors, who are selling these units even before completion, according to a Property Finder report.
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Worst is over for Dubai real estate market

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Sharjah posts Dh3.5B real estate deals in February

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Dubai housing sector posts 7-year high monthly deals

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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How Palm Jumeirah is starting to emerge from Dubai’s property price downturn

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Dubai realty turning into seller’s market?

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Dubai housing sector posts 7-year high monthly deals

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Villa sold on Dubai’s Palm Jumeirah for over $30m

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Dubai’s residential property market on continued upward recovery trajectory

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Damac increases its stake in overseas subsidiary unit from 20% to 45%

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Dubai has second highest number of prime properties in world

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Dubai sees its costliest home deal in year to date – Palm villa sells for Dh111.25m

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Alef Group launches Al Mamsha Edge

Alef Group, a real estate development company in Sharjah, has announced the launch of ‘Al Mamsha Edge’, the latest phase of Al Mamsha project, consisting of distinctive one-bedroom residential units. Alef Group has also announced an exclusive limited offer to own a property in Al Mamsha Edge with a zero down payment and in less than one per cent monthly installments, with prices starting from Dh485,000. Al Mamsha Edge was launched under the slogan ‘Your Home, Your Style’, and includes 159 one-bedroom units with six different designs. It is located on Sheikh Khalid bin Sultan Al Qasimi Street, near Sharjah International Airport, the University City of Sharjah, and many other vital attractions and landmarks in Sharjah. Alef Group stated that Al Mamsha Edge is a qualitative addition to Al Mamsha project. The launch came as a result of the remarkable success of Al Mamsha, which is considered one of the pioneering projects in a distinctive modern lifestyle in the emirate of Sharjah due to the market revival and the increasing demand for units. The residential project is in line with Alef Group’s mission to launch quality projects with world-class designs, state-of-the-art amenities, and facilities, with stunning views, high-quality finishes, and ideal utilization of spaces. Al Mamsha Edge provides six options of modern designs for its residential units, all equipped with the highest quality international standards. They feature an open layout design supported by glass walls and double-glazed windows that insulate the sound and provide more safety for residents. Modern technology in the ventilation systems recycle and purify the air inside the unit, thus saving energy and reducing electricity bills. Al Mamsha Edge is distinguished by its stunning and picturesque view of the swimming pools, kids' play areas, open spaces, and water features, besides having private parking slots. Alef group carefully selected every detail, starting from the ceramics to the floors and walls. Everything has been carefully selected to invoke a touch of luxury, with modern Italian finishes for the kitchens and bathrooms using solid beech wood, which is characterized by its high resistance to shocks, and therefore it is the ideal choice in manufacturing furniture, as it makes home feels comfy and cozy. rohma@khaleejtimes.com
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UAE firm picks Paris to sign biggest ever real estate deal

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Dubai’s property market takes another shot at ‘crowdfunding’ and spending Dh2,000 to ‘own’ a home

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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UAE firm picks Paris to sign biggest ever real estate deal

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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The ‘price’ is right? GCC inflation to remain manageable in 2021

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Video: Dubai, the Middle East capital for luxury homes

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Dubai’s real estate market saw deals worth Dh6.7 billion in January

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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One Dubai developer does away with down payment – will others follow?

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Global airline body IATA plans COVID travel pass for end of March

London: Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which will help facilitiate international travel. IATA said on Wednesday that it was essential that governments start issuing their citizens with digital vaccination certificates which can then feed into its travel pass.
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Dubai doctor beats Covid in just 6 days, thanks to vaccine

Dr Mariam Zaidi works in the Covid ward of Burjeel Hospital for Advanced Surgery in Dubai. A...
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Dubai set to open huge new wholesale trading hub in April

It will discuss ways to improve the UAE's business environment and economy. The UAE leaders will...
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Dubai set to open huge new wholesale trading hub in April

Nakheel Malls, DP World partner to launch Souk Al Marfa which will feature 2,500 shops and...
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RAK Properties posts a net profit of Dh114 million in 2020

Dubai: RAK Properties PJSC posted a net profit of Dh114 million in 2020, compared to Dh93 million...
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Abu Dhabi-based Aldar reveals slight increase in profits

Abu Dhabi-based Aldar Properties has bucked the trend of UAE developers with a marginal increase of...
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Dh5 billion Idex deals on day 1 in Abu Dhabi

Sheikh Mohamed visited pavilions of companies and countries, and checked out the latest...
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Dubai’s Union Properties returns to profit after 2019 losses

Union Properties, the Dubai-based property developer, on Monday announced net profits of AED200...
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Dh3.3 b worth of Dubai property transactions made in just a week

The value of real estate transactions in the Dubai Land Department this week amounted to more than...
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Dubai property transactions at 7-year high, trend set to continue in 2021

Dubai's real estate witnessed massive activity at the beginning of the year as secondary/ready...
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Expo 2020 Dubai will be safe, thanks to Covid-19 vaccine

The Covid-19 vaccine is being rolled out at an precedented pace in human history. The world will be...
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Dubai receives new shipment of Pfizer-BioNTech vaccine

Dubai: Dubai Health Authority has received a new shipment of the Pfizer-BioNTech COVID-19 vaccine,...
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Abu Dhabi-based Aldar reveals slight increase in profits

Abu Dhabi-based Aldar Properties has bucked the trend of UAE developers with a marginal increase of...
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UAE Covid vaccine: 76% residents believe life will be back to normal in a year

About 62 per cent expressed confidence with the clinical trials.Seventy-six per cent of UAE...
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UAE Mars Mission: Hope Probe’s success makes headlines in world press with 12,000 media reports

Dubai: The Hope Probe’s successful arrival to Mars’ orbit garnered international media...
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Dubai: Going to the movies? Avoid these 5 mistakes

1 of 6While cinemas continue to operate in Dubai, you need to adhere to these guidelines.Image...
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Dubai home rents turn even more affordable – now at lowest levels since 2011

Dubai: Rents at some of Dubai’s most budget-friendly residential locations – Jumeirah Village,...
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UAE Covid vaccine: 109,587 residents vaccinated in 24 hours

The UAE has vaccinated 109,587 residents against Covid-19 in the last 24 hours.The country's...
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Dubai’s stalled skyscraper project Marina 101 close to getting new investor

Dubai: The stalled skyscraper project Marina 101 could – finally – be close to getting a new...
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