Category: Real Estate Market
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Department of Municipalities and Transport reports 6% reduction in service fees for real estate development project service charges in 2022
Abu Dhabi, 15 March 2023: The Department of Municipalities and Transport (DMT) have revealed that service fees for real estate units’ owners and investors in development projects were reduced by 6% during 2022. The reduction in service charges led to property owners and investors saving over AED37.2 million in 2022. DMT also announced that 319…
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Deyaar launches iconic luxury seafront residential tower Mar Casa at a value of AED 1.1 billion
Dubai, UAE; 15th March: Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has launched its signature seafront project Mar Casa with a total value of AED 1.1 billion, redefining the region’s urban life and reinventing the boundaries of conventional luxury. A residential destination at Dubai Maritime City where heritage meets modernity,…
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Dubai Chamber of Commerce Launches Six Real Estate Sector-Specific Business Groups
Dubai, Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has unveiled the establishment of six real estate sector-specific business groups. The new groups focus on companies operating within the real estate sector, including real estate developers, real estate valuation, real estate leasing, facility management, interior decoration / interior design services and engineering consultants.…
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Saned Integrated Facilities Management Achieves 45% Growth Over 2021
Sharjah, 21 Febrary, 2023: During 2022, Saned Integrated Facilities Management Company, owned by Sharjah Asset Management, achieved great success through a series of pioneering and distinguished projects, garnering a 45% increased growth rate compared to 2021. The company worked diligently to achieve its vision to promote economic growth in the Emirate of Sharjah and saw…
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Danube Properties launches and sells out five projects with 2,087 homes worth Dh2.02 billion in 2022
Danube Properties delivered 1,338 units in Lawnz and Elz projects, worth Dh680 million and awarded construction contracts for four projects in 2022. The developer recently unveiled the the Dh1.4 billion Viewz project Date: Dubai, UAE, February 14, 2023 Danube Properties, the fastest-growing private real estate developer in the UAE, has sold out the first of…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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