Ras Al Khaimah has cemented its position as one of the UAE’s most dynamic real estate markets, with total transactions in 2024 surpassing AED15 billion ($4 billion)—a remarkable 118% increase compared to AED6.94 billion in 2023. The emirate’s real estate market recorded 2,985 sales transactions last year, highlighting its growing appeal to investors and homebuyers. Unprecedented Growth in Ras Al...
Dubai’s leading real estate developer, Emaar Properties, has announced a historic financial performance for 2024, reporting revenue of AED35.5 billion (9.7billion) and a NetProfit before tax of AED 18.9 billion. This remarkable achievement highlights the company’s operational excellence, customer-focused approach, and innovative strategies, solidifying its position as a global real estate...
The Smart Rent Index, introduced by the Dubai Land Department (DLD), is revolutionizing Dubai’s real estate sector by stabilizing rental prices, curbing inflation, and enhancing market transparency for 2025 and beyond. Leveraging advanced artificial intelligence, the index provides accurate, standardized rental assessments across all residential areas, including prime districts, free zones, and special...
In a move to strengthen their economic partnership, the UAE and New Zealand have signed a Comprehensive Economic Partnership Agreement (CEPA). This groundbreaking deal is expected to significantly enhance trade, streamline customs, and open new avenues for investment between the two nations. A Strategic Alliance for Economic Growth The agreement was formalized in the presence of UAE President His...