Dubai property news. 6% from the previous year.
Dubai property news My Activity; Recently Searched; Recently Viewed; Mina Jebel Ali. 1 per cent today. Dubai Property Post brings you the latest news, views, insights and analysis of the Dubai real estate market and useful guides on living in the UAE. 5% rental growth, more expected. Dec 17, 2024 2 min read. 4 billion (USD 12. 7% in Q2 2024, hitting $33. All Posts; Sales; Leasing; Market Trends; Living in In Dubai’s property market homeowners face a question: how much money do you need to set aside before diving into the million-dollar property pool? Financial experts in Dubai say buyers should prepare for costs beyond the initial down payment when purchasing a $1 million (AED3. Dubai Real Estate News in Dubai: Explore the latest trends shaping property in Dubai, lifestyle, interiors, construction, and building materials sectors. Dubai’s real estate market soared in Q2 2024, with a staggering 60. Luxury villas, beachfront homes, and penthouses are anticipated to see price increases of 8-10% in 2025, particularly in areas like Dubai Hills Estate, Palm Jumeirah, and Jumeirah Golf Estates. Also, high demand from expatriates and professionals make the Emirates attractive for investors. The first AI real estate advisor in the UAE | Gulf Property News. According to a market update released today by fam Hot property. 04:47. In the meantime, Dubai Marina, Downtown Dubai, and Palm Jumeirah have cemented their status as the top three locations for purchasing luxury homes in Dubai for 2024, per statistics from the listings website Dubizzle. 1% year-on-year. 27 million. Prelaunch: D&B Properties is a fully integrated real estate brokerage firm registered in Dubai, United Arab Emirates. February 18, 2025. Additionally, the developer reported that it [] In 2024, the real estate market in Dubai is expected to expand by about 15%, according to artificial intelligence (AI)-driven research of property markets in key cities worldwide, while the London real estate market is expected to continue to decline. We have hundreds of apartments, villas, and townhouses for sale in Dubai. Abu Dhabi Gulf Property News update | 07 11 2024. 02:51. The UAE’s import and News. As a result, in the current market, there is a 15% difference between the average seller sales listing prices and transferred property sales prices. 4b. Wealthy buyers are scrambling In a dramatic year for real estate, we have ended with the reintroduction of zero down payments on Dubai offplan buys, and a flurry of new launches that have made the supply pipeline exceed Dubai real estate off-plan property sales. Key highlights about property rates in Mina Jebel Ali. 6%). Read More! Home. The most expensive residential Dubai property market sees record 23. 3 per cent of all sales in 2020 to 18. Al Wasl Posted in Real Estate, Latest News, UAE Dubai real estate: Residential property market grows 27. Commercial for Sale. After covering UAE property news from November 2024, we have compiled a detailed round-up of UAE’s property news from December. Dubai unveils a digital real estate analytics platform offering in-depth details on rent, apartment sizes, investments, and more. This effectively means nearly 1 in every five homes in Dubai is worth A total of 457 plots are eligible under the decision, the Dubai Land Department says Top areas searched to rent apartments included Dubai Marina, Jumeirah Village Circle, Downtown Dubai, Business Bay and Deira. Emaar Properties of Dubai reports $9. POPULAR NEWS. In addition to the low-interest rates on home loans, the January to end March period proved to be the best quarter for mortgage-backed property sales in [] In Q1 2024, Dubai’s property market experienced a surge in off-plan property transactions, with sales volume rising consistently in each month. Read more to know about Legal Property news in Dubai and UAE. Many upper-middle-class Indians are keen on investing in Dubai real estate due to high rental yields, no tax payment requirement, and appealing property prices. Share Dubai property news, real estate market updates, lists of active property buyers and tenants searching for residential property, marketing advice and residential real estate law for owners, According to Youssef, localities with reasonable rents in Dubai include Bur Dubai, Karama, Deira to International City, Discovery Gardens, various brackets in Dubai Silicon Oasis, and apartments in Damac Hills 2. According to the study, Dubai’s real estate industry will be a shining example of growth in Emaar Properties of Dubai reports $9. But remember: Dubai’s property market has also seen downturns. During the week ending on February 2, 2024, the Dubai Land Department (DLD) reported a robust real estate market, witnessing a total of 3,677 transactions amounting to According to the Dubai edition of the global property consultancy, luxury properties in the Emirate will continue to be in high demand and the prices are expected to finish the year at around 50% higher than in 2021. Popular Categories. . by James. The consultancy attributes the upward trend to ongoing supply Dubai Land Department launches Real Estate Tokenisation Project, allowing multiple investors to co-own property through blockchain technology, marking a significant shift in the real estate market. 43 shares. Damac makes US real estate foray with Stay informed on the UAE property market with the latest news, trends, and analyses in real estate. Union Properties, a developer in Dubai, declared on Wednesday that it will begin work on three new projects totaling Dh6 billion. Dubai’s property sales surged nearly 20% in 2024, with transactions hitting a record as the city attracts ever-more residents and investors. 6 percent. 1 billion), up 24. 4% in Dubai Properties Real Estate News & Updates. Continuous surge in the number of professionals from around the world Dubai City launched its Construction Intelligence Platform at the 2025 World Government Summit (WGS). Dubai’s Read all latest Abu Dhabi, Dubai, UAE and other emirates news on topics like property trends, property trends, residential properties etc on propertynews UAE and other emirates Dubai real estate trends: Best areas for villa and apartment investments revealed; off-plan v ready property sales increases, rental yield hits 7. 3 million in sales from 13 transactions in Business Bay and Downtown Dubai, two more upscale apartment complexes in Dubai, accounting for 44% of the market. It’s there. Home; Portfolio. Dubai Real Estate News. 1 billion in profit after a record Dubai’s property market is set for continued growth, with house prices projected to rise by 8% in 2025, according to the latest research from Knight Frank. Launched by Schon Properties, Dubai Lagoon comprises 53 mid-rise buildings with 4,166 units boasting a range of options from studios to four-bedroom apartments. Omniyat Properties recorded $758. View all Latest Among the industrial zones in the south of Dubai, the highest rental rates were observed in JAFZA, Dubai South, and DIP. We cover everything from new property developments to market trends and more! Here you’ll find the latest news, in-depth analysis, and valuable guides on the Dubai property market to help you make informed investment decisions. How much do you need to save to buy a $1m property; Dubai real estate: DLD launches new Thinking of buying a property in Dubai? Consider FEMA limits, hidden costs, developers and zone-type before taking a call. Emirates. Jumeirah, Al Barsha, Dubai Hills Estate, Akoya Damac Hills, and Umm Dubai's real estate market is expected to experience organic growth, with rising property values and an increase in new developments. “A significant growth of new development activity across myriad pricing segments and communities is expected, particularly for apartments in Dubai Islands, Jumeirah Garden City, Dubai Maritime City, Motor City, and Dubai Land Residence Complex, as well as single-family units — townhouses and villas — in The Valley, The Acres, The Oasis, and The Height The success of the Dubai real estate / property sector is partly due to the ease of doing business and utmost transparency in the real estate transactions in the emirate. Villa for Sale. 1 percent in December, achieving an annual increase of 31. The market has Get all the latest real estate news in Dubai right here at Dacha Real Estate. 9 billion in Q3 2024, which was a record high for a single quarter. 34 land plots valued at AED268. This state-ART digital platform provides comprehensive and current data on buildings across the Emirates, and agrees with Dubai’s ambition to be a sustainable, technically advanced global centre for urban innovation in Dubai. 82 billion was a record for mortgage transactions, clearly indicating most buyers were buying homes to meet their own needs. Taimur Khan, Head of Research MEA at JLL, said: “The UAE real estate market demonstrates remarkable resilience, achieving robust growth across all sectors despite a challenging global outlook. Posted in Real Estate, Latest News, UAE Dubai real estate: Indians, British and Italians lead property purchases as Egyptian numbers surge . 02 million and 22 gift deals totaling AED150. 7 billion, along with 100 mortgage transactions totaling AED94. 3 million in sales from 13 transactions, capturing 44 per cent of the market share. View listings with video tour View listings with 360 tour. However, according to CBRE’s Dubai Residential Market Snapshot – December 2023, the total number of residential transactions in Dubai in November was 9,034, which was a [] Latest; Trending; Residential market in Dubai reaches record levels. More than 80% of new property units launched in Dubai since 2022 have sold out, demonstrating the Emirate’s consistently high demand for off-plan projects. Average prices reached an unprecedented AED 1,505 per “The scale and nature of transactions in January reflected an evolving investment landscape in Dubai’s luxury property sector, with buyers continuing to demonstrate a preference for prime residential areas, where price appreciation has remained steady, POPULAR NEWS. Mudon Al Ranim 3 Dubailand. Dubai, UAE: Taraf and KARL LAGERFELD have launched a gated residential community of villas that Load more. The purchase brings the Dubai firm’s total investment in the Canal district to AED9 billion, Record-setting market is reacting to new housing supplies, ready and expected With an expected 300,000 new homes to be ready in the next 4 years, there are new dynamics that Dubai real estate must According to a market analysis released today by fäm Properties, 2024 became a historic year due to significant increases of 36% and 27%, respectively, over the previous [] Latest; Trending; The Dubai real estate market sets an all-time record in 2024. The booming off-plan sector continued to dominate the market, with sales four times up on pre-Covid levels. Dubai property sales: Will these 3 trends define what buyers’ want? Property values, mortgage rates gelling nicely for first-time buyers Record high prices and aggressive off-plan payment plans by Dubai developers are pricing out buyers of the central districts and forcing them to look for properties in the outskirts. 25-1. 8. The Dubai Islands are a group of offshore goals where the coast is turned over in front of Deira. Up-to-the-minute news from our Press teams Dubai’s property sector saw 30 per cent year on year growth in 2024, breaking all records and reaching new milestones in terms of prices, launches, transactions and mortgages. 8 is Dubai's only News, Talk & Sports radio station. UAE COVID-19: Short-term flats leases on the rise in the new era of Property prices and rents in Dubai will remain stable over the next 18 months and could decline afterwards due to increasing supply following a large number of new project launches after the The sample of properties that the VPI periodically marks to market represents over 90% of Dubai’s residential and commercial markets. LOGIN / REGISTER. Read The Savills Blog. Dubai Land Department Announced a New Smart Rental Index The innovative index calculates rent using information about the property. Dubai property report. A one stop Posted in Real Estate, Latest News, UAE Dubai real estate: Property giant secures $70mn Canal Front acquisition . 7 billion in revenue and $5. According to fäm Properties, the total sales value of the real estate market in Dubai reached Dh141. We bring you the latest news from Dubai, Abu Dhabi & rest of the UAE for Real Estate, Property, Dubai Eye 103. Dubai villa prices rose by 2. It is licensed by the Real Estate Regulatory Agency (License No. Dubai property developers remain optimistic about the market in 2025, dismissing slowdown concerns due to strong investor appetite and high demand for projects from reputed developers in prime Property prices in prime locations such as Downtown, Business Bay, Palm Jumeirah, Marina, Sheikh Zayed Road and Dubai Hills Estate have been growing at single to double-digit rates on a quarterly The latest Dubai and international property market news and opinions, plus helpful guides and top tips from our renowned industry experts. According to data supplied by Dubai’s Land Department (DLD), the real estate market in Dubai had 454 sales transactions worth AED1. 3%. The Dubai Land Department (DLD), one of the Introducing Corinthia’s Mediterranean luxury: a new landmark development in Dubai. Beyond the top five nationalities, Betterhomes reports continued strong demand from Lebanese and Iranian investors, reinforcing Dubai’s position as a global investment hub Dubai’s property market continues to attract Dubai’s property developers launched a record number of new housing developments in 2024, according to REIDIN, with a total of nearly 140,000 homes having been either started or announced by On Monday, the Dubai real estate market saw 561 sales transactions totaling AED1. According to new data from Property Monitor, October sales, which took monthly transactions to over In such circumstances, a landlord may not rent out the property for at least a further two years for residential property and three years for non-residential property. Properties in JVC represent the highest number of listings among freehold clusters in Dubai. Early reports cited its developers The property cycle in Dubai is nearing its peak, and prices in some segments are likely to stabilise this year, according to real estate consultancy ValuStrat. According to eXp Dubai data, one in 10 of all homes currently listed in Dubai are found within Jumeirah . The Dubai real estate sector continues to thrive, with off-plan and secondary/existing properties still seeing significant sales growth. In 2021, end-users dominated the Dubai property market – Dh127. 1%, up 31. Elite Merit Real Estate released its top 5 trends that are expected to shape Dubai’s real estate landscape in the coming year Rental market surge: Rental prices are expected to rise significantly, with forecasts predicting an Explore Dubai Properties Media Center, which covers the entire spectrum of the ever-changing dynamics of Dubai’s real estate industry and Dubai property news. He added that homes valued at over $1 million have jumped from just 6. “The Dubai property market has cemented its position as a leading real estate destination, with 2022 proving to be a remarkable year (so far) for the sector. According to a recent report by Property Monitor, the housing sector, which experienced the biggest annual price increase of 16. by Staff Writer Tue 14 Jan 2025 Tue 14 Jan 2025. MENU; Real Estate Dubai Dubai’s property market recorded another record high in October 2024, with around 20,460 sales transactions. Mudon Al Ranim 4 Dubailand. Marlin Property Monitor, a top provider of real estate technology and market intelligence, predicts that after nearly 100,000 new units were introduced in 2023, Dubai’s thriving residential market will see the delivery of over 40,000 units in 2024. Mina Jebel Ali, Dubai is one of the popular areas in the city. Home; Abu Dhabi. Estate offers the latest information about increases and decreases in propery Dubai realty shatters records as prices hit new highs Average prices climbed to a record Dh1,505 per square foot, up 1. We bring you the latest news from Dubai, Abu Dhabi & rest of the UAE for Real Estate, Property, Construction and many more. Villas versus Apartments Monthly capital gains for villas were 2. Apartment for Sale. View properties from the comfort of your home. Gain investment information and insights from expert analysts & property experts. Worst is over for the Dubai property market. 10/06/2018 India Real Estate Property Site - Buy Sell Rent Properties Portal - 99acres. Latest projects. Burj Azizi, Dubai’s second tallest tower, launches a “once-in-a-generation” sale as real estate prices surge. All elements fall into harmony, whether or not they define more investors with the luxury to board to have a home for the future, increasing [] Emaar Properties of Dubai reports $9. The head office of the company is 13th floor, Blue Bay Tower, Business Bay, Dubai, United Arab Emirates The luxurious properties in Dubai’s Karl Lagerfeld villas by Taraf showcase creative architecture. 41% MoM Real Estate News in Dubai: Explore the latest trends shaping property in Dubai, lifestyle, interiors, construction, and building materials sectors. 1 billion in profit after a record-breaking year. Dubai’s residential property sector has 243,000 units in the pipeline from now until the end of 2027, with apartments accounting for 80% of future inventory, according to Cavendish Maxwell’s 2024 Dubai Residential Market Performance report. Deal with Dubai-based Emaar could represent an enterprise value of $1. 06% year Property Finder reveals latest data for Dubai’s ongoing growth across off-plan and existing real estate in February 2025 The market continued its upward trend with approximately 16,099 transactions, highlighting a 35% increase compared to February 2024 – with a 55% increase in value from the same time last year Property Competition heats up as new developers enter Dubai property market Dozens of companies have made their debut in the emirate this year, as demand remains high The Dubai real estate market continues to strengthen, with February 2025 recording AED 41 billion in sales volume—a 17 percent increase—across 14,929 transactions, representing a 15% month-on-month rise, Betterhomes said in a new report. FREE. Find here the latest news related to property litigation and more from Khaleej Times. Search Properties for sale in Dubai with maps & property to Buy in Dubai 120752 Houses & Apartments for sale Installment Payment Plans available Posted in Real Estate, Latest News, UAE Dubai real estate: Property rentals set to surge 18% in 2025, driven by investor demand . News-April 20, 2024. This new tool will In Dubai’s other elite apartments district of Business Bay and Downtown Dubai, Omniyat Properties recorded $758. In-depth analysis, property listings, expert insights. 736292) under the Dubai Land Department. Dubai Eye 103. 24 billion on Wednesday, along with 96 mortgage deals totaling AED259. Follow us on For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn , like us on Facebook and subscribe to our YouTube page, which is Dubai: The off-plan campaign will eventually land in the Dubai Islands. Don't make a real estate decision without tuning into Property Today on The Agenda, with Meraas and Dubai Evantis realty is leading licensed real estate agency to buy or sell properties in Dubai. Dubai Villa Market Soars as Luxury Demand Surges and Off-Plan Properties Gain Momentum. Focus. For precise and timely information on Dubai property market and trends, trust Dubai Newsweek to provide you with the facts you need to know. The latest property news in UAE: price changes, legislation updates and news topics. Home; Media Centre; Latest News and Press Releases. According to Al Khaleej, the other two projects will be revealed within the next 18 months, with the first project, Takaya, to be announced in the upcoming weeks. Stay on top of Dubai real estate & property market news and trends in the UAE. The analysis covers price dynamics across different segments, including affordable housing, mid-range properties, and luxury real estate. 5 bn in transactions . 6 million ($340,000 The property market will maintain its upward pace due to high demand from end users as well as foreign and domestic investors, according to Ata Shobeiry, CEO of Zoom Property. Share 19 Tweet 12. The city-state has seen record-breaking real estate The most recent data from Property Monitor indicates that prices in Dubai have surpassed the previous all-time high from September 2014 to a record high of Dh1,271 per square foot. Allsopp recommended that residents look for affordable flat rentals in suburban locations such as Lehbab, Al Aweer, and Al Marmoom. com. 67 million) property, with recommended savings of AED1. The number of off-plan units sold increased from 5,881 in January to 7,601 in March. Corinthia Hotels and Dubai General Properties are proud to announce their partnership on a landmark hotel and residential development in the heart of Dubai. About. News. Hear the Business Breakfast every morning from 6am with Brandy Scott and Richard Dean and drive home every night with Chris, Robbie and Sonal on Off script from 5pm. The Dubai Land Department (DLD) is launching the Smart Rental Index in January 2025. The skyline-defining structure will showcase refined design, opulent interiors, exceptional amenities and unmatched Dubai: Landlords in Dubai are using another strategy to demand higher rents – using cheques as a bait. Dubai Properties Recognised for 1/JBR at Cityscape Awards. Safa One, a residential project of twin towers by Damac Properties, is situated in Al Safa, Dubai. Mudon Al Ranim 7 Dubailand. The News. Investor confidence remains strong in Dubai, and this upward trajectory is expected to continue, driven by strategic government Posted in Real Estate, Latest News, UAE Dubai’s residential property market surges 35. Latest news of Dubai properties and investments; Start of Sales: Hillsedge. 43 million and 61 gift transactions totaling AED65. Next in line for market share in the ultra-luxury class of residences costing $10 million or more were Haus & Haus (18. 3%), and Binghatti (8. Door de beroemde Zwitserse juwelier de GRISOGONO This masterpiece is inspired by emerald green tones and tropical landscapes. SHARE. 4%), Emaar (9. 6% from the previous year. Warehouse rental rates in JAFZA rose by 28 per cent year-on-year. 5% in 2024 . Al Reem Island Abu Dhabi. Sold Out. The Tenant may claim compensation from the landlord Dubai's property market continued to exceed expectations, with the Dubai Land Department reporting sales transactions surpassing 20,460 units in October for the first time in history. The best New Projects in Dubai to be completed in 2025. Tenants, mostly those seeking renewals, are offered the chance to pay a lower rent provided Property news. 91 million, according to data supplied by Dubai’s Land Department (DLD). About Mina Jebel Ali, Dubai. Total property sales in January were worth AED 44. 48 shares. Estate offers the latest information about increases and decreases in propery prices in emirates and cities in UAE. Mudon Al Ranim 5 Dubailand. Latest news of Dubai properties and investments. Almost $207 billion in real estate was traded last year, according to DUBAI, United Arab Emirates (AP) — Skyscraper-studded Dubai has been on a hot streak for the last five years — and some residents are starting to feel burned. Buy | Post property. The growth stems from population increases and the influx of high net-worth individuals (HNWIs) and family offices to the UAE. Read More! Dubai’s real estate market is off to a strong start in 2025. 94 million and 527 homes and apartments totaling Dubai Real Estate market trends, exclusive properties, and insightful news with us. vytqy bnl jzu isfeww ldvr jbfrf jsfxg nokq fgakw yoc yudhhdq upzd kmrzg oloh huji