REAL ESTATE NEWS & UPDATES
Latest News & Updates
Dubai’s luxury properties seeking better value for money
Ultra-wealthy snap up Dubai’s luxury properties seeking better value for money. The emirate is relatively affordable compared to other major cities despite significant growth in prices, report says. Dubai recorded 948 sales in the luxury property segment, each valued at Dh15 million ($4 million) or more, during the first five
UAE Real Estate Trends For 2024
Dubai’s real estate market is currently experiencing a significant housing boom, with tens of thousands of new villas, townhouses, and apartments scheduled to be completed and handed over to buyers this year. Despite this surge in new units, experts anticipate that property prices for rentals and ownership will keep rising,
UAE corporate tax: Are investment and real estate funds exempt?
If an investment vehicle is found to be used solely for tax avoidance, its exemption may be revoked. Every profession has its own distinct lexicon, or language, which mitigates any potential misunderstandings. Furthermore, it serves as a barrier to entry and maintains remuneration in line with the level of difficulty
UAE’s real estate market to reach $707.86 billion by end of 2024
The extended growth is due to HNWIs' interest in luxury property investment in Dubai. The UAE real estate market is anticipated to reach a value of AED2.6 trillion ($707.86 billion) by the end of 2024, according to recent data from Statista. Luxury demand driving market growth This extended growth is
Rise of affordable housing to boost MENA’s real estate sector
Transforming the region with accessible and sustainable living solutions. Adequate housing is one of the most essential things in life. Yet around 1.8 billion people globally don’t have it. By 2030, an estimated 3 billion people will need access to it. According to UN-Habitat, the world needs to construct 96,000
Iconic British auto brand enters UAE real estate
Aston Martin partners with Dar Global to launch new beachfront development in Ras Al Khaimah. An artists's impression of the Astera by Aston Martin, to come up at Al Marjan Island in RAK. The project is the first time Aston Martin’s design team has applied its skills to a real