Are you a property owner in Dubai? The Real Estate Regulatory Agency (RERA), part of the Dubai Land Department (DLD), is inviting you to take an active role in shaping your residential community by registering for owners committees. This initiative aligns with Dubai's commitment to transparency, sustainability, and efficient management of jointly owned properties. What Are Owners Committees? Owners...
Dubai's real estate market is making waves globally, with a notable shift in investor demographics. Buyers from Germany, France, and the UK are becoming key players in the emirate’s property sector, adding a European flavor to what has traditionally been a regionally dominated market. A Changing Investor Landscape While Dubai has long been a magnet for regional and Asian investors, European...
Dubai closed 2024 with exceptional real estate performance, further solidifying its global reputation for luxury, innovation, and strategic investment opportunities. Central to this success was the booming off-plan property segment, which accounted for over 50% of the market transactions in the final quarter. Record-Breaking Quarter for Real Estate A report by Springfield Properties revealed...
Oversubscribed Issuance with Unprecedented Global InterestAldar Properties PJSC announces its remarkable $1 billion hybrid capital issuance, receiving overwhelming demand from regional and international investors. The issuance was oversubscribed by 3.8 times, with total orders surpassing $4.9 billion. Largest Hybrid in the Middle East with Record MetricsThis issuance represents the largest conventional...
Dubai’s real estate market has continued its incredible growth journey in 2024, with transactions surpassing a whopping $136 billion. This thriving sector reflects investor confidence and robust demand, cementing Dubai's position as a top global property hotspot. Strategic urban planning, investor-friendly policies, and a tax-free framework contribute to Dubai's unmatched appeal. Popular areas like...
Hussain Sajwani is a name that resonates with luxury and innovation in the world of real estate. As the founder of the DAMAC Group, Sajwani has crafted a remarkable legacy, transforming the UAE's skyline and expanding his influence across global markets. A Modest Beginning In 1982, Hussain Sajwani embarked on his entrepreneurial journey by founding DAMAC Group. Initially focused on catering and...
Affordable apartments in areas like Dubai Investments Park (DIP) and Discovery Gardens stood out in 2024, delivering some of the highest rental yields. Dubai's real estate sector experienced another record-breaking year, achieving a remarkable 180,900 transactions valued at $142.1 billion. Prices in popular neighborhoods continued to climb, supported by strong demand and consistent availability of new...
Dubai's real estate sector is poised for another strong year in 2025, offering exciting opportunities for both individual and institutional investors. With property prices projected to rise by 8%, the city's market continues to thrive, fueled by robust economic growth, innovative policies, and evolving lifestyle demands. Here’s a closer look at the trends shaping Dubai’s property market and what makes...
In a significant move to enhance the quality of life for Emirati citizens, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved a series of housing projects worth AED5.4 billion ($1.5 billion). These initiatives aim to provide 3,004 new homes across Dubai, catering to a variety of needs and ensuring stability for families. New...
Dubai has taken another step forward in revolutionizing its real estate sector by launching the Smart Rental Index 2025. This innovative tool is set to reshape how rental values are determined, ensuring a more transparent and fair experience for everyone involved—from property owners to tenants. The Smart Rental Index is not just a new feature; it’s part of Dubai’s broader vision to align with...