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...
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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...
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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,...
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Additionally, Abu Dhabi’s off-plan market maintained a positive momentum with 1,345 off-plan sales transactions in Q1 2023. Abu Dhabi's real estate sector has registered solid growth for the first three months with its sales transaction value growing three-fold to hit AED11.602 billion ($3.2 billion) from AED3.633 billion last year, according to industry expert Property Finder. Additionally, Abu...
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