Dubai real estate market witnesses a 40% YoY spike with AED97.5bn sales in Q3 2023 Dubai saw a 6 percent growth in transactions between Q3 2023 and Q2 this year. Dubai’s real estate market remains fairly valued despite a continuous surge in demand for both rentals and purchases, according to ZāZEN Properties. The cosmopolitan city has been witnessing substantial price growth, with annualised real...

The local property market has witnessed unprecedented demand after the pandemic, driven by a very strong demand in the premium market segment Hussain Sajwani, founder and chairman of Damac Properties, is quite bullish about Dubai’s real estate sector and expects the market will continue to offer double-digit returns to investors. “We are focusing on Dubai because the city will continue to grow...

UAE property market braces for record-breaking year as investor interest for mid-market and top-end real estate surges The growth of Abu Dhabi and Dubai’s residential property markets have surpassed expectations during the first half of the year, a spokesperson from real estate consultancy CBRE told Arabian Business.  “We expected demand to actually slightly adjust compared to what was a very...

Compared to the same period last year, real estate transactions in Dubai increased by 44%, totaling 57,700 units. With over 57,000 units bought across Dubai during the first half of 2023, the residential sector is on track to becoming the busiest year on record, a new report finds. Global real estate services provider Savills revealed in its latest report that property transactions during the period...

Building on the anticipation for the opening of the world’s largest and UAE’s first legal casino in 2027, Ras Al Khaimah is boosting its real estate offerings to rival Dubai The emirate of Ras Al Khaimah is gearing up for the launch of the UAE’s first legal casino in 2027 by boosting its real estate sector, with many new luxury properties and substantial projects to rival Dubai and attract more of...

May this new year be the start of something wonderful in your life. Focus on the good and do good to others. Happy New...

Luna Exclusive Real Estate team is wishing a happy & blessed birthday to our great ruler of Dubai, Vice-President and Prime Minister of the UAE - His Highness Sheikh Mohammed Bin Rashid Al Maktoum. May you enjoy this special day of yours with so much love, joy and success together with your family. Thank you for your passion & compassion to serve!...

The emirate’s real estate market has posted its strongest performance for the month of June in a decade. Dubai’s property market has continued its growth run for the month of June. It has defied trends for a mid-year dip to log 10,419 real estate transactions. The emirate’s real estate market saw a 17.78 per cent increase in volume compared to 8,846 in June 2022, reported real estate portal Property...

With interiors covered in gold leaf and marble, the Versailles-inspired property is ideal for someone who wants to “show off.” A mansion evocative of Versailles is for sale in Dubai for 750 million dirhams ($204 million), making it the most expensive house on the market in a city where luxury property is red-hot. The home in the desirable Emirates Hills neighborhood has 60,000 square feet of...

Las Vegas-based Wynn Resorts unveiled Thursday the first renderings and the name of its planned $3.9 billion casino resort in the United Arab Emirates. The property, described by analysts as “one of the most exciting growth prospects in the gaming industry globally,” will be called Wynn Al Marjan Island and is expected to open in early 2027. The resort will be located on 115 acres on Al Marjan Island,...