Real Estate

16 branded residence projects have been announced for Ras Al Khaimah, set to add approximately 5,600 units by 2029 63% of these projects are situated on Marjan Island, while the majority of the remaining 37% are in Al Hamra and Mina Al Arab. On average, branded residences in RAK on sale today achieve approximately 50% higher sales prices compared to non-branded properties. RAK, UAE – Stirling...

Dubai’s property market saw a significant rise in Q3 2024, with residential prices climbing by nearly 20% and total sales surpassing AED 120 billion ($32.4 billion), according to CBRE Middle East’s UAE Real Estate Market Review. Apartment prices jumped 19%, while villa prices increased by 23%, marking strong performance across the board. Rental rates also grew, with average apartment rents up by...

From innovative city developments to luxurious residential towers, September saw a surge in new projects across the Middle East As we enter the final quarter of 2024, the Middle East is experiencing a noticeable uptick in project launches, signaling a strong push to capitalise on the year’s momentum before it comes to a close. This month, the spotlight was on several major developments that cater...

The 17-storey beachside residence features 1-, 2-, and 3-bedroom units and duplexes Real estate developer DAMAC Properties has announced the launch of its inaugural project in Ras Al Khaimah – Shoreline by DAMAC – located on the shores of Al Marjan Island. Situated in the prime location of Island 4 on Al Marjan Island, the 17-storey luxury 1-, 2-, and 3-bedroom apartments and duplexes...

ABU DHABI, 28th December, 2023 (WAM) -- An economic report has highlighted the UAE topped Gulf Cooperation Council (GCC) countries, acquiring the highest share of the total value of real estate deals conducted during the first ten months of 2023, surpassing the expectations for the entire year of 2022. The report, issued today by Kamco Invest company indicated that the value of real estate deals in the...

Happy National Day, UAE! 🇦🇪 Today, we come together to honor 52 remarkable years of unity, growth, and unparalleled achievements. 🌟 🎆 As we reflect on this journey, we are inspired by the visionary leadership that has shaped the UAE into a beacon of progress and innovation. From the sands of the desert to the heights of global recognition, the UAE has demonstrated resilience, determination,...

This marks a substantial increase and surpasses the previous record set in 2014, signifying a robust performance in Dubai’s property market The average property price in Dubai has reached a nine-year high, shattering the previous all-time price per square foot record set in 2014, according to a report by prominent real estate company Allsopp & Allsopp. The latest data from Allsopp &...

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...