According to property industry specialists, the outlook for Dubai’s off-plan market is positive due to a noticeable increase in demand from end-users and investors. Dubai’s off-plan market is booming due to surge in demand
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Dubai branded residences boom as construction double by 2030
Designers and luxury brands cash in on Dubai’s construction boom as the emirate’s real estate market records a rapid surge in branded residences, with many more in the pipeline, industry insiders told Arabian Business.Dubai’s upscale residential sector is experiencing an unprecedented surge in the demand for luxury real estate.Experts highlight the potential for significant gains […]
Most expensive penthouse in Dubai sold for Dh500 million
Dubai: Como Residences Penthouse by Nakheel has become Dubai’s most expensive penthouse sale, a media statement said on Thursday. The unit was sold for a whopping Dh500 million. The penthouse sprawls over 21,949 square feet and has five bedrooms. On completion, residents will enjoy exclusive access via a private elevator, for complete privacy and security. The Palm […]
Dubai Wasl Tower become tallest sustainable building in the world
Wasl Tower, an upcoming 64-storey building in Dubai, is set to become one of the tallest structures in the world to incorporate ceramic fins as a renewable solution for energy efficiency, ahead of COP28. The tower’s use of ceramic fins aligns with the UAE’s commitment to sustainability, particularly during the Year of Sustainability, the Dubai […]
Dubai is the number one city expats want to live in, according to statistics
According to research, Dubai is the top option for Americans looking to live overseas, surpassing New York, Miami, and Paris. According to financial services firm Remitly, the most popular destination for foreign visitors is Dubai, based on a 12-month analysis of Google search data. After 164 countries’ “move to city” phrases were examined, Dubai consistently […]
Sheikh Mohammed announces $67bn spending plan
Dubai has announced a AED246.6bn ($67.1bn) budget for 2024-2026. In his capacity as Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, approved the Government of Dubai’s general budget for the fiscal cycle of 2024-2026, with total expenditures of AED246.6bn ($67.1bn). Sheikh Mohammed also approved Law No. […]
In Dubai, Haven by Aldar developer is completely sold out
The first two phases of Haven by Aldar were completely sold out, according to Abu Dhabi-based Aldar Properties, with over three-fourths of the units being purchased by foreign buyers and expat residents. In the first phase, the master developer released 318 units and 468 units. In the subsequent stage. Over Dh3.1 billion was made in […]