Category: Real Estate Market
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What will the Dubai real estate market be like in 2025? Outlook
Dubai, UAE, 21st November 2024, Colife report: The Dubai real estate market has gained significant momentum in 2024, driven by high demand for both residential and commercial properties. The post-pandemic recovery, government reforms, and increased foreign investment have boosted the market, with activity levels reaching new highs. Expected Growth Trends Dubai’s real estate market is…
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LEOS Developments Celebrates Groundbreaking of Knightsbridge: Dubai’s First Climate-Adaptive Wellness Community
Dubai UAE, 21 November 2024: – LEOS Developments, the distinguished British-born international property developer, has officially broken ground on Knightsbridge, the first climate-adaptive wellness community in Dubai. The ceremony, held at the project’s prime location in Meydan District 11, was attended by key LEOS leaders including Mark Gaskin Chief Operating Officer – Middle East &…
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Dubai real estate market on track for 30% sales growth by year end – Property Monitor
Prices up nearly 20% on previous all-time high set in September 2014 Property sector continues to break all records for sales, prices, mortgages and launches Dubai, 19 November 2024: Dubai real estate transactions are set to grow 30% year-on-year by the end of 2024 as the sector continues to break all records for sales, prices,…
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Palma Development Celebrates Key Construction Milestone at AED 3 Billion Serenia Living Project
Dubai, United Arab Emirates, 18 November 2024: Palma Development, a premier real estate developer in Dubai, has marked a significant construction milestone with the topping out of Serenia Living, one of the most luxurious beachfront developments located on the iconic crescent of Palm Jumeirah. Valued at AED 3 billion, this exclusive project promises to set…
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Emaar Development Reports 66% Increase in Property Sales in First Nine Months of 2024
Dubai, UAE – November 11, 2024: Emaar Development PJSC (DFM: EMAARDEV), a leading UAE property development firm and majority-owned by Emaar Properties PJSC (DFM: EMAAR), continued its upward momentum in the third quarter of 2024. Property sales increased 66% to AED 48 billion (US$ 13.1 billion) in the first nine months, compared to AED 28.9…
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Saudi Arabia: 115,000 new homes needed by Saudi nationals each year to achieve 2030 goals
Riyadh, 11th November 2024: Over 115,000 new homes are needed each year up to 2030 to satisfy demand from Saudi nationals, according to global property consultancy, Knight Frank’s new whitepaper: Transforming Saudi’s Residential Housing Market: Opportunities Abound. Approximately one-third of this incremental demand is being driven by the government’s 70% homeownership rate target, given the rate of…
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The Sustainable City – Yiti Set to Showcase Sustainable Living Model at Cityscape Global 2024 in Riyadh
Muscat, Oman – 10 November 2024 – The Sustainable City – Yiti is set to showcase its leadership in sustainable living at Cityscape Global 2024, taking place in Riyadh, the Saudi capital. This participation marks the latest in a series of appearances at international and regional real estate events, reinforcing its position as a global model…
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Deyaar’s Pre-Tax Profit Jumps to AED 348.8 Million for YTD Sep’24, Reflecting 47% Growth
Dubai, UAE – 06 November 2024: Deyaar Development PJSC (“Deyaar”), a leading real estate developer in Dubai, announced a profit of AED 348.8 million before tax for the nine-month period ending September 30, 2024, marking an impressive 47% year-on-year (YOY) increase from AED 237.5 million in YTD Sep’23. This financial milestone was reported on the…
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“AMK Vision” Surpasses AED 500 Million in Sales, Securing Prestigious Real Estate Awards
– Strong economic achievements in the first half of 2024, with a 25% increase in sales volume compared to the same period last year. – AED 150 million in revenue during the first half of 2024. – Top 10 Real Estate Brokerage Companies in Dubai” from Binghatti in both 2022 and 2023 Dubai, UAE – 30 October 2024,…
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Dubai Land Department Signs Memorandum of Cooperation with Keyper Holdings to Enhance Digital Property Management Solutions
Activating an Electronic Platform for Rent Payment via Credit Card, Automatic Debit, and Monthly Installments Dubai, United Arab Emirates, 18 October 2024 – In line with the UAE’s vision for digital transformation, the Dubai Land Department (DLD) has signed a Memorandum of Cooperation with Keyper Holdings under the REES real estate innovation initiative. This partnership…
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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