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Nakheel, the visionary developer behind Dubai's iconic Palm Jumeirah, has unveiled its latest masterpiece - the first ever waterfront villa development on Palm Jebel Ali. This grand unveiling comes amid rising demand for opulent homes in the emirate. The project, which spans four sides of this magnificent island, will offer two different types of villas: the elegant Coral Villas and the luxurious Beach...
August was an impressive testament to the thriving real estate sector in Dubai, with notable price increases across the city's real estate landscape. According to the latest report by ValuStrat, the Dubai real estate market is experiencing a remarkable upswing, with annual capital appreciation of 10%, the highest growth rate in a decade. As the real estate consultancy ValuStrat reports, both apartments...
August witnessed a revival in the Dubai real estate market, which recorded robust growth and significant changes in price dynamics. According to EFG Hermes' latest report, total real estate sales increased by 37 per cent year-on-year, reaching an impressive $8.5 billion (Dh31.2 billion). This remarkable increase was primarily fueled by the rising demand for off-plan apartments, which played a crucial role...
Dubai's real estate sector recorded a turnover of AED 102 billion ($27.8 billion) in the summer of this year, according to data published by W Capital. The real estate brokerage firm said that sales this summer were 50 percent higher than last year's summer season, which amounted to AED 68 billion ($18.5 billion). The number of transactions also rose by 30 percent to 33,600 transactions this summer,...
The economy of the United Arab Emirates (UAE) is set to record impressive growth in the coming years. According to S&P forecasts, solid economic growth of 3% is expected for 2023, accelerating to a promising 4% by 2024.But what are the driving forces behind this astonishing growth? The main driver is the non-oil sector, which will thrive due to various factors. Robust growth in the tourism sector,...
The current data available up to and including September 23, 2023 provides insights into real estate transactions as well as the population structure and development in the United Arab Emirates (UAE) and Dubai in particular.Real estate transactions:A total of 90,611 real estate transactions were recorded in the period from January 1 to September 23, 2023. These transactions are divided into three main...
Discover luxury living in Dubai's most exclusive properties, where elegance meets modern luxury. Our high-end properties in Dubai offer an unparalleled combination of style and first-class amenities. From stunning high-rise residences with panoramic skyline views to exclusive villas with private pools and first-class leisure facilities, our properties embody the epitome of luxury and comfort. Each of our...
In recent years, the United Arab Emirates (UAE) has developed into one of the world's leading economic centers, attracting the interest of international investors, innovators and entrepreneurs. Dubai in particular is continuously investing in a supportive environment for start-ups and companies to promote their growth. If you are thinking about investing in real estate or business in the UAE, there are...
The United Arab Emirates (UAE) has recently taken a groundbreaking step by creating a new federal authority to regulate commercial gambling in the region and introduce a nationwide lottery program. The General Commercial Gaming Regulatory Authority (GCGRA) was set up to establish a first-class regulatory framework for both national lotteries and commercial gaming. At the head of this groundbreaking...
