Dubai’s Burj Azizi, set to become the world’s second-tallest tower, will be available for purchase across seven international cities on February 19, as announced by private developer Azizi Developments. The 725-metre skyscraper will be marketed in exclusive locations, including Dubai (Conrad Hotel), Hong Kong (The Peninsula), London (The Dorchester), Mumbai (JW Marriott Juhu), Singapore (Marina Bay...
Dubai Real Estate sector continues to exhibit resilience and steady growth, with total transactions in January 2025 reaching AED35.2 billion ($9.6 billion) across 13,043 sales. This marks a notable 22.9% increase in transaction value and a 23.1% rise in volume compared to the same period in 2024. Strategic regulatory enhancements, an expanding freehold ownership landscape, and a maturing investment...
The Dubai real estate sector maintained its upward trajectory in January 2025, with a total of 14,238 property transactions recorded. This reflects a substantial 23% increase compared to the same period in 2024. The total value of these transactions reached AED 44.4 billion, marking a 24% rise from the previous year, according to data released by Property Finder, the MENA region’s leading property...
Dubai’s real estate market is on track for another record year in 2025, driven by a surge in luxury property sales, rising commercial demand, and sustained investor confidence. According to a recent report, the luxury sector witnessed a 20.5% year-on-year increase in sales, while office rents rose by 11%, retail rents by 9.7%, and warehouse rents by an impressive 21.1%. The total number of...
A recent survey by the Luxury Residential Outlook Survey 2025 has revealed that 22% of High-Net-Worth Individuals (HNWIs) and ultra-HNWIs are keen on investing in international real estate. Notably, Dubai has surpassed London as the most preferred global destination for these investors. This marks a significant increase from historical trends, where interest in overseas real estate stood at...
Experts warn that the UK government must fully revoke its controversial tax policies to prevent London’s decline as a prime hub for business, investment, and high-stakes legal matters. Without decisive action, Labour’s current approach could further accelerate the exodus of high-net-worth individuals (HNWIs) from the country. UAE: A Growing Destination for the UK’s Super Wealthy Dubai and Abu...
Starting February 1, 2025, property buyers in the UAE who opt for mortgages will face higher upfront costs. This change comes as banks will no longer finance the Dubai Land Department (DLD) fee, which is 4% of the property value, and the 2% brokerage commission. Previously, these fees were included in the total mortgage amount, but under the new regulations, buyers will need to pay these costs out of...
The Dubai Land Department (DLD) has unveiled a significant initiative, allowing property owners in the Sheikh Zayed Road from the Trade Centre Roundabout to the Water Canal and in Al Jaddaf to convert their ownership status to freehold. This opportunity is open to all nationalities, further enhancing Dubai’s appeal as a global real estate hub. A total of 457 plots are eligible for this conversion,...
Dubai's real estate market has become a magnet for global investors, with a noticeable surge in interest from European buyers, particularly those from Germany, France, and the UK. This marks a significant shift in a market traditionally dominated by regional buyers, now diversifying with increased participation from European, Asian, African, and US investors. Global Economic Landscape Shaping...
