New residential communities are emerging across the UAE’s desert as developers utilize the nation’s resources to meet the growing demand for housing and infrastructure due to a population boom. Experts predict that the 15-minute city model will drive this development, creating walkable communities with amenities close by to support the expanding off-plan property market. Dubai’s...
Dubai South has successfully sold out its South Living project, confirming the growing demand for spacious living spaces in the area. The development, located at The Residential District in Dubai South, is already under construction following the appointment of the main contractor in September. JOIN MY WHATSAPP CHANNEL Set for completion by Q1 2027, the...
Why Emaar South is the Future of Dubai’s Residential and Commercial Growth Emaar South, a masterfully planned community by Emaar Properties, stands as a beacon of Dubai’s dynamic future. Situated in Dubai South, near key landmarks like Al Maktoum International Airport and Expo City Dubai, this development aligns with Sheikh Mohammed bin Rashid Al Maktoum’s...
Dubai’s luxury real estate market is defying expectations of a slowdown, with experts suggesting the current growth is not just a short-term trend or a speculative bubble. According to Faisal Durrani, Partner and Head of Research, MENA at Knight Frank, the market is seeing a surge in purchases by genuine end-users rather than speculative investors....
Dubai’s rental market recorded 42,076 leasing transactions in October, according to recent data. While this represents a 15% decrease compared to the previous year, the city’s appeal remains strong, with shifts in tenant preferences. New contracts accounted for 41% of leases, while renewals led with 59%. Al Sufouh, Motor City, and Dubai South were identified...
Dubai’s real estate market marked a significant achievement in October, reaching an unprecedented $16.7 billion (AED61.3 billion) in total property transactions, setting a new monthly record. This surge highlights Dubai’s ongoing transformation into a top global real estate hub, with demand intensifying across apartment and villa segments, especially in high-end and off-plan developments. The growth...
Dubai’s real estate market is on track to achieve a record-breaking year, with annual sales projected to exceed AED500 billion for the first time, according to an early year-end forecast by fäm Properties. The Dubai-based real estate consultancy and brokerage firm reported that, as of the end of October, total sales in 2024 had reached...
Dubai’s real estate market continues to thrive, recording AED16.92 billion ($4.6 billion) in transactions over the past week, as reported by the Dubai Land Department. This figure reinforces Dubai’s status as a premier global real estate destination, attracting investors worldwide. Sales dominated the transaction mix, totaling AED10.59 billion ($2.9 billion) from October 28 to November...
Dubai has introduced a new and ambitious real estate strategy, aiming for a total market value of AED 1 trillion by 2033. This strategy is aligned with Dubai’s Economic Agenda D33, Social Agenda 33, and the Dubai 2040 Urban Master Plan. It seeks to bring a fresh era of growth to the city’s property market...
Al Maktoum International Airport, located in Dubai South, is set to be one of the largest airports globally. It is part of Dubai’s plan to grow as a major hub for transportation and logistics, bridging East and West. This project brings great potential for Dubai’s real estate market. As the airport develops, nearby commercial and...