Unlock Your Dream Home: Worldgate Property – Where Possibilities Open Gates
Unlock Your Dream Home: Worldgate Property – Where Possibilities Open Gates
Apartment rents increased by 6% over Q2 2023, according to a new industry report Rental rates across Dubai are showing possible signs that they are reaching a ceiling, even as the average apartment and villa rents continued to increase in the second quarter of 2023. Recording upticks of 6% and 3%, the two segments reached…
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The weekly DLD report noted that 235 plots were sold for $607mln, 2,302 apartments and villas were sold for $1.56bln During the week concluding on August 11, 2023, the Dubai Land Department (DLD) oversaw a noteworthy tally of 3,103 real estate and property transactions, amassing a substantial total value of AED 9.7 billion. The weekly…
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The sales included 405 villas and apartments worth $260.17mln, and 28 land plots worth $202.89mln On Tuesday, Dubai’s dynamic real estate market exhibited remarkable activity, as data released by Dubai’s Land Department (DLD) revealed an impressive array of transactions. The day saw a substantial total of 433 sales transactions, collectively amounting to AED1.7 billion. These…
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Predictions and Insights Based on Current Market Trends Soliman Hossameldin, a leading real estate analyst and Digital Media Expert in Dubai, has unveiled an extensive analysis of waterfront communities, offering a forward-looking perspective on the future of real estate in this luxurious destination. The study focuses on five key waterfront locations, meticulously examining price trends,…
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Emaar’s upcoming real estate project in Dubai boasts of 7,000 residential units starting at AED8.5 million Emaar, the renowned property developer, has recently unveiled its extravagant venture, The Oasis – a $20 billion luxury waterfront development on the outskirts of Dubai. The project offers 7,000 residential units, including lavish mansions and villas, with breathtaking views…
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Driven by the surge in spending, tenants are opting to own apartments instead of renting Dubai’s scorching rental market continues to surge, witnessing a remarkable 19% price increase during the second quarter of 2023 compared to the previous year. The upsurge was especially pronounced for one- and three-bedroom apartments, which saw rental rates soaring by…
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Dubai achieved a significant milestone in 2023 by establishing itself as the world’s leading luxury property market Al Habtoor Group, a leading UAE conglomerate, has launched the luxurious Al Habtoor Tower in Dubai, boasting world-class amenities and incredible views of the city skyline. The tower is strategically positioned in a popular location, making it a…
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Aldar Properties (“Aldar”) announced a plan to invest AED 500 million in the redevelopment of Al Jimi Mall in Al Ain and Al Hamra Mall in Ras Al Khaimah, two of its most important retail portfolio properties in the UAE. With this investment, Aldar has now committed AED 1 billion toward the redevelopment of important…
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A collection of meticulously designed single-row townhouses challenges design norms with more space, privacy and greater quality of life Dubai Properties has announced the launch of Mudon Al Ranim, the final phase of its master development community in Dubailand. This phase offers 182 townhouses with spacious three- and four-bedroom layouts, available in either G+1 or…
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New report forecasts emirate to continue rally in second half of the year with growth between 6-7.9% Dubai led the global prime residential market with a price growth of 11.2% in the first half of 2023, making it the top performer among 30 cities, ahead of Mumbai, Cape Town, and Bangkok. The forecast for the…
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The second quarter of 2023 in Dubai’s commercial real estate (CRE) market saw a tremendous increase in sales transactions, which helped the emirate’s real estate sector achieve record-breaking results. In the first half of this year, the sector recorded its biggest semi-annual sales ever. The CRE market recorded an increase of 22 percent in Q2…
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The real estate market in Dubai saw 176 high-end property sales that exceeded $10 million during the January-June period, with some of the headline-grabbing deals, reveals a latest market report Dubai made history in 2023 by becoming the world’s leading luxury property market, generating close to $850 million (AED3.1 billion) from high-end residential units costing…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.