The city remains the number one destination for the global HNWI community and millionaires clamor for the 'Dubai life' Dubai's Property Market Attracts Significant Investment A projected influx of over AED 16 billion (USD 4.4 billion) from high-net-worth individuals (HNWIs) in 2024 solidifies Dubai's position as a leading investment destination. This trend is echoed by global real estate consultancy...
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...
Surge in British Investment Fueled by a significant influx of British real estate investors, Dubai's property market continues its upward trajectory. This trend coincides with the first quarter of 2024, a period marked by record-breaking transaction volumes. Shifting Preferences Experts note a noticeable shift in British investor behavior. Luxury villas, previously favored for their exclusivity...
Construction work on the project has already started and is scheduled to complete at the end of 2026 Major Developers Announces Dh1 Billion "Manta Bay" Project in Ras Al-Khaimah UAE-based Major Developers unveiled their Dh1 billion project, Manta Bay, on Al Marjan Island in Ras Al-Khaimah. This innovative development boasts the world's first rooftop beach, featuring real sand and seawater....
Six Senses Residences Dubai Marina prioritizes the well-being of its residents by seamlessly integrating wellness design principles and amenities throughout the development. This focus fosters a holistic lifestyle experience that emphasizes sustainability, well-being, and overall happiness. The project offers a range of residences, including 251 two- to four-bedroom units, expansive half-floor...
UAE Cabinet Takes Action on Recent Severe Weather and Reviews Tourism Strategy The UAE Cabinet convened on Wednesday under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum. The meeting addressed key issues including: Support for Citizens Affected by Weather: A significant AED 2 billion package was approved to address damage to citizens' homes caused by recent severe weather...
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...
EMAAR announces plan to repair Dubai rain damage to homes in its communities EMAAR Properties have announced that it will cover all costs for repairs of homes within its communities in Dubai that were affected by the recent severe weather conditions. The developer said that its dedicated teams are already assessing and repairing damages, working in close coordination with local authorities to...
In the spirit of giving that permeates the holy month of Ramadan, Seven Luxury, a leading real estate Brokerage in Dubai, has embarked on a commendable charitable initiative. This initiative involves the distribution of Iftar meals and gifts to construction workers across various project sites. View this post on Instagram A post shared by Seven Luxury Real Estate 📍Dubai...
