Category: Real Estate Market
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Sam Horani of Provident Estate Reaches AED 2.8 Billion in Real Estate Sales, Setting New Standards in Luxury Property
Dubai, UAE – October 2024 – Sam Horani, Associate Partner at Provident Estate, has firmly established himself as a powerhouse in the luxury real estate market with the sale of Dubai’s most expensive penthouse, located at the prestigious Como Residences. Valued at an astonishing AED 500 million, this sale not only sets a record for…
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ONE Development Appoints AE7 to Lead AED 2 Billion Mega-Project at City of Arabia
Dubai-Based Architectural Firm Selected as Consultant for UAE’s First AI-Integrated Residential Community Dubai, UAE, October 16, 2024 – ONE Development, an international boutique real estate developer based in the UAE, has officially appointed AE7, a globally esteemed architectural and engineering group, as the consultant for its flagship AED 2 billion project in Dubai’s City of…
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Dubai Land Department showcases its key achievements in real estate governance and introduces cutting-edge digital solutions
Dubai, United Arab Emirates, 14 October 2024: Dubai Land Department is participating in GITEX Global 2024, the world’s largest event in technology and startups. The event, held under the theme ‘Accelerate Industrial Digitalization and Intelligence’, is taking place from October 14 to 18, 2024, at the Dubai World Trade Centre. During the exhibition, DLD will show its key achievements in real…
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Saudi Arabia’s real estate market continues its upward trajectory in H1 2024, driven by the residential and hospitality sectors: JLL
Riyadh, Saudi Arabia; 16 August 2024 – Guided by the ambitious Vision 2030 agenda of economic transformation and diversification, Saudi Arabia’s strategic initiatives and substantial investments in infrastructure developments and giga projects continue to drive growth and resilience in the Kingdom’s real estate market. JLL’s latest KSA Real Estate Market Dynamics Report states that the residential and hospitality…
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U BY EMAAR UNVEILS REFRESHED BRAND IDENTITY AND NEW BRAND PROMISE: YOUR WAY EVERY DAY
· New benefits and experiences are available across Stay, Dine, Relax, Play, Shop, and Fit, with expanded offerings in Saudi Arabia and Bahrain. · Throughout September, members can enjoy savings on hotel stays, double Upoints on dining, spa, entertainment, and shopping, along with triple Upoints for fitness memberships Dubai, UAE – 16th September 2024 – U by Emaar, the…
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Dubai Land Department Enhances Developer Registration with Seven Strategic Agreements
The agreement includes Emaar Properties, DAMAC, Binghatti Properties, Aldar Properties, Sobha Realty, Azizi Developments and Danube. Majid Al Marri: Through this partnership, we aim to enhance confidence in the real estate market, provide greater protection for investor rights, and expedite and simplify procedures in accordance with transparent governance standards. Dubai, United Arab Emirates, 20 August…
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Keymax Real Estate Strengthens Global Expansion with Appointment of Amit Dahima as Director of International Business
Dubai, September 2024 – Keymax Real Estate, a fastest growing real estate agency in Dubai, is pleased to announce the appointment of Amit Dahima as Director – International Business. With over 25 years of experience in the international real estate industry, Amit brings a wealth of knowledge and expertise to the Keymax team, further strengthening…
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Emaar Development achieves 56% increase in Property Sales for the first half of 2024
· Emaar Development’s sales backlog has increased to AED 74.2 billion (US$ 20.2 billion), to be recognised as revenue in the coming years. · Emaar Development announced the launch of two major developments: The Heights Country Club & Wellness and Grand Polo Club & Resort, spanning over a total 141 million square feet of land, with a…
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MERED expands to Abu Dhabi with prime waterfront property on Al Reem Island
Dubai UAE, 7 August 2024: MERED, the award-winning international premium real estate developer, continues its rapid expansion across the UAE by acquiring a prime waterfront plot in Al Reem Island, Abu Dhabi. This milestone shows MERED’s strategic growth ambitions and commitment to delivering state-of-the-art residential and commercial developments to multiple hubs in the country.The newly…
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Elevision Enters UK Market with Royal Wharf Partnership
Dubai, UAE, August 6, 2024: In an exciting move set to elevate the UK’s multifamily property landscape and Digital Out-of-Home (DOOH) advertising industry, Elevision, a leader in Proptech and DOOH media solutions, announces a strategic partnership with renowned international property developer Oxley. This collaboration marks Dubai-based Elevision’s debut in the UK, introducing advanced resident communication…
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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