Dubai’s luxury residential market forecast to grow 13.5% in 2023 amid higher demand
Dubai's luxury residential market is projected to record the highest growth rate for any prime market globally, at 13.5 per…
Property & Real Estate
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Dubai's Emaar Properties posts 43% rise in Q1 profit after strong sales
Emaar Properties, Dubai's largest listed developer, reported that its first-quarter profit surged 43 per cent after strong real estate sales…
Aldar Properties reaffirms its commitment to Egypt
UAE’s Aldar Properties has reaffirmed its commitment to long-term strategic investment in Egypt after a media report said the property…
Dubai records over $517mln in realty transactions Wednesday
Dubai real estate market recorded 451 sales transactions worth AED1.2 billion, in addition to 82 mortgage deals of AED663.03 million,…
Dubai records over $599mln in realty transactions Monday
Dubai real estate market recorded 391 sales transactions worth AED1.27 billion, in addition to 59 mortgage deals of AED950.33 million,…
UAE real-estate: Jumeirah Bay Island plot sale is the most expensive ever
A plot of land in Dubai's posh Jumeirah Bay Island was sold for a record AED 125mln ($34 million), making…
Dubai’s real estate sector sees transactions worth $42.7bln in Q1 this year, an 80% rise from Q1 2022
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of…
Inside Dubai's real estate boom: Why Indian investors are dominating property purchases and set to continue in 2023
In 2022, Indians emerged as top home buyers in Dubai, with purchases worth Rs 35K crore, the recent report showed.…
Jordan issues $1.25bn Eurobonds at 7.5% oversubscribed six times
Jordan issued $1.25 billion of Eurobonds at 7.5 percent that were oversubscribed six times, reflecting global investor confidence in the…
Dubai’s Union Properties returned to profit in 2022 but faces dissolution vote
Dubai-based Union Properties returned to a profit of AED 30 million ($8.2 million) in 2022. However, the developer will present…
Dubai records over $408mln in realty transactions on Thursday
Dubai real estate market recorded 502 sales transactions worth AED1.2 billion, in addition to 98 mortgage deals of AED388.51 million,…
Dubai is world’s fourth most active luxury real estate market
Dubai is closing in to become the most sought-after market for luxury residential properties in the world, with high-net-worth buyers…