REAL ESTATE NEWS & UPDATES
Latest News & Updates
Growing commercial real estate demand is helping to fuel the residential market’s success
Dubai, UAE: DHG Properties, a renowned Swiss real estate developer with a legacy of over three decades of excellence, explains how the UAE’s high commercial property demand is translating to greater residential real estate success for the country. DHG cites a 45% increase in demand for industrial, retail, and office
Most expensive property in Burj Khalifa district sold for Dh139 million
The four-bedroom penthouse at The Lana Residences, Dorchester Collection, spans over 16,594 sqft. Private luxury property developer Omniyat Thursday said it sold a penthouse for Dh139 million ($37.8 million) in Burj Khalifa district, making it the most expensive property in the area. The four-bedroom penthouse at the newly opened The
Tonino Lamborghini announces branded residences on RAK’s Al Marjan Island
Tonino Lamborghini Residences will feature 241 luxury residential units in Al Marjan Island.Italian brand Tonino Lamborghini has announced the launch of its first residential project in Ras Al Khaimah’s Al Marjan Island – the Tonino Lamborghini Residences. In a joint venture with Arista Developments, the renowned luxury brand will develop
Over 30,000 residential units to be delivered by end of 2024
According to JLL, in Q1, around 10,000 units were delivered in Dubai and 1,600 in Abu Dhabi, marking strong growth in the UAE’s residential sector. The latest insights from JLL’s UAE Real Estate Market Overview for Q1 2024 reveal a buoyant investor sentiment driving significant activity across various sectors in
ACRES Real Estate Exhibition to spotlight 120 projects
Abu Dhabi [UAE], May 5 (ANI/WAM): The Organising Committee of the ACRES Real Estate Exhibition declared the completion of its preparations for the inaugural edition launch in Dubai, set to debut this year from May 16 to 19 at the Dubai World Trade Centre. Spanning over an area of 6000
How much should you save to buy an AED1mn property?
Dubai’s property market is experiencing significant growth, making it an attractive option for buyers, but careful financial assessment and consideration of associated costs are crucial before making a purchase. Dubai’s real estate market has been attracting buyers from the world over, due to its recent removal from the FATF Grey