Real Estate

The commercial real estate sector in Dubai is experiencing an unprecedented boom, with prime office spaces expected to see a 12% increase in value by 2025. Demand for high-quality office spaces in areas like the Dubai International Financial Centre (DIFC) and Business Bay is at an all-time high, with rental prices in Grade A and B buildings projected to rise by as much as 20% during lease renewals this...

Demand was fueled by new project launches and favorable payment plans, as the segment attracted foreign investors, supported by residency incentives and visa reform With new records being set throughout 2024, Dubai's real estate market had a record-breaking year that ended in an all-time high of 180,900 transactions valued at AED 522.1 billion.Royal Estates Properties released a market analysis...

According to the research, the total number of residential sales transactions increased by 40.3% to 170,992 units in 2024, more than five times the amount that was recorded in 2020. According to a recent survey, off-plan transactions currently make up 63% of all property sales in 2024, up from 54% in 2023, demonstrating the continued success of Dubai's real estate industry. This increase in off-plan...

With consistent growth, innovation, and strategic government initiatives, Dubai's real estate industry is poised for an exciting transition in 2025. Key trends include the increase of off-plan developments and a greater dedication to sustainability are influencing the future as the city continues to redefine luxury living and international investment prospects. With residents, developers, and investors...

he two percent trading commission and four percent DLD fees will no longer be financed by UAE banks as of February 1. Beginning next week, buyers of real estate who choose to take out a mortgage will be required to pay the brokerage and Dubai Land Department (DLD) fees as part of their upfront costs.According to professionals in the real estate sector, banks used to finance DLD's 4% fee and brokers' 2%...

Dubai's Real Estate Market Will Succeed in 2025 Thanks to Emerging Neighborhoods and Infrastructure-Led Growth Huge Investments Showcase Dubai's Long-Term Success Goals According to experts, Dubai's leadership understands that diversity is essential for long-term prosperity, as seen by the significant investments made in the city's infrastructure. Key Neighborhood Expected to Fuel Growth in...

Arada launches Safa. Arada announced the opening of sales for Safa, a brand-new complex of high-end residential towers conveniently located inside the Aljada megaproject in Sharjah. The five buildings that make up the Safa complex will house 660 opulent apartments, all of which will offer amazing amenities, contemporary architecture, and convenient access to Aljada's major sports complex. Smart...

The creative idea of a 1% payment plan Dubai is gradually taking the lead in the constantly changing real estate industry. One of Dubai's most well-known developers, Damac Properties, is creating a stir in the real estate market by introducing the novel idea of a one percent payment plan. The entire idea of property ownership in Dubai is being redefined by Damac Properties' creative strategy. Prospective...

Cutting-edge technologies like blockchain and artificial intelligence (AI) will be integrated into the Dubai real estate market in a bold attempt to innovate. This combination promises to improve security and transparency while also streamlining transactions and establish Dubai as a global leader in real estate technology. Blockchain technology is being used more and more to make real estate...

According to a survey released on Wednesday, residential real estate sales in Dubai increased 31% year over year to Dh232 billion in the second half of 2024. Espace Real Estate's report solidifies an incredible year of sector expansion. In terms of volume and value, the off-plan market surpassed the secondary market by a considerable margin. Value reached Dh127 billion (up 51% year over year) due...