Dubai Land Department

Dubai records 45.11% YoY increase in sales transactions, reaching AED 32bln in value revealed by Property Finder

58% of interested buyers were looking for an apartment, while 42% were searching for villas/townhouses DUBAI, UNITED ARAB EMIRATES: Property Finder, the leading property portal in the MENA region, has revealed its market performance highlights for April 2024, offering valuable insights into the real estate landscape. In April 2024, there was a YoY increase of over 45.11% in recorded sales...

Dubai sees a new property project launched every 18 hours in Q1 2024

120 projects launched in first quarter of 2024 in Dubai, housing 34,000 units Dubai's real estate market has seen a surge in activity in the first quarter of 2024, with both local and international developers launching new projects at a rapid pace. According to Cavendish Maxwell's Property Monitor, preliminary data indicates nearly 30 new off-plan projects were introduced in March alone, adding a...

Dubai to allocate up to 15% quota of property sales to Emirati brokers

The agreement was signed as part of the “Dubai Real Estate Programme” to enable local talent to advance in real estate Dubai Land Department (DLD) on Sunday said it signed a deal with nine private and government-backed developers to allocate a certain quota of their projects to be sold through Emirati brokers to provide more job opportunities to the locals. In a deal signed with Emaar...

Dubai’s branded residences soar 410%, investors eye jewel & Auto Themed Projects

Dubai is solidifying its position as the world's leading market for branded residences, experiencing significant growth and diversification within the sector. This trend is driven by a growing demand for luxury living experiences coupled with the unique appeal of iconic brands. DAMAC Properties has established itself as a frontrunner in this evolving market, forging strategic partnerships with renowned...

DLD marks the strongest performance ever with 1.6 million transactions

Dubai’s real estate deals reached an all-time high of Dhs634b in 2023 The Dubai Land Department (DLD) has achieved an all-time high of 1.6 million transactions across various real estate activities ranging from real estate transactions to rental agreements in 2023. This represents a remarkable growth of 16.9 per cent compared to 2022, which accounted for approximately 1.368 million...

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