News

  • In order to provide residents and investors in the UAE region and beyond with a new standard of luxury, high-quality and unique real estate, Yas Holding Investment Group, based in Abu Dhabi, has launched a new real estate division called Taraf.   According to a statement from Yas Holding, Taraf, a developer of luxury and boutique residential...

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  • An elite real estate developer has announced the completion of work in the Framed Allure branded villa on Billionaires’ Row (Billionaires' Street) on the Frond G (G Branch) of the legendary Palm Jumeirah Island. The exquisite residence was sold earlier for USD 35,000,000, but its transfer to the new owner took place only now.   The...

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  • Dubai’s residential real estate activity continued to grow rapidly over the past year, with transactions in the emirate rising by 51% between January and November 2022, while transaction values rose by 55%. According to JLL's "UAE 2022 in Review" report, the data show that the jump may be caused by a sharp increase in demand from foreign buyers...

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  • The new Damac Bay by Cavalli residential complex in Dubai Harbour follows a design scheme inspired by the aesthetics of marine life, with an interior including shells, pearls and Danio fish patterns and an elegant exterior paying tribute to the calm ocean waves. Content: Features of the complex Real estate in Damac Bay by Cavalli Features...

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  • As more and more investors enter the market as a result of Sharjah's decision to allow ownership of real estate, the value of real estate in the emirate has increased by 15-20% since October 2022. The increase in value may also have been facilitated by transactions on the secondary market, especially with recently transferred real estate in...

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  • Within 24 hours after the public launch of the Sustainable City – Yas Island project, 100% of sales were closed, which brought in more than 1 billion dirhams.   Another 352 townhouses and condominiums, which are planned to be commissioned at subsequent stages, are currently put up for sale due to high demand.   At the first stage of...

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  • On Monday, January 23, 2023, it became known about the launch of AIRE Dubai.   The project, which is located in the center of Downtown Dubai, was created by Arquitectonica, and the interior design was done by the Australian firm McKimm.   A large hotel-style swimming pool, an ultra-modern gym, yoga and pilates studios, an indoor spa,...

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  • The Grand Millennium Resort will be located on Marjan Island, according to a contract signed by Dubai Investments and Millennium Hotels & Resorts.   The 300-room hotel will operate under the Grand Millennium brand and be positioned as a top-class resort with branded restaurants and a variety of beach activities. It is expected that the...

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  • Due to a number of unscheduled releases, apartment sales in Dubai rose sharply in Q4 2022, increasing by 164% year-on-year.   According to Morgans Realty, the total volume of real estate sales in the emirate increased by 65% year-on-year and by 15% quarterly in Q4. Despite rising interest rates, the broker noted in an analytical note that...

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  • According to PropertyMonitor, due to two consecutive years of double-digit price growth in 2022, Dubai overcame the problems of rising interest rates and inflation to remain a prominent global real estate market.   Despite the decline from 1.33% per month in 2021, when annual price growth was just under 16%, the real estate data platform...

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