Dubai Real Estate News

Binghatti, the Dubai-based real estate developer, has made headlines by acquiring a prime plot of land for an astonishing AED 25 billion, signaling the launch of the ambitious Binghatti AED 25 Billion Dubai Project. This mega-development promises to transform the city’s skyline with a mixed-use design that includes residential, commercial, and hospitality elements. As Dubai’s luxury real estate market continues to thrive, this strategic acquisition not only showcases Binghatti’s confidence but also reinforces the city’s status as a hub for groundbreaking projects. Discover what this landmark project means for Dubai’s property market and its future!

Top areas in Dubai for property investment. When looking to buy property in Dubai, there are several key areas to consider, each offering different features and benefits depending on your lifestyle and investment goals. Here are some of the top areas where you can buy property in Dubai: 1. Downtown Dubai Key Features: Home to the iconic Burj Khalifa, Dubai Mall, and Dubai Opera. It's a luxury,...

𝗪𝘆𝗻𝗻 𝗔𝗹 𝗠𝗮𝗿𝗷𝗮𝗻: 𝗧𝗵𝗲 𝗨𝗔𝗘’𝘀 𝗙𝗶𝗿𝘀𝘁 𝗖𝗮𝘀𝗶𝗻𝗼 𝗥𝗲𝘀𝗼𝗿𝘁 𝗶𝘀 𝗧𝗮𝗸𝗶𝗻𝗴 𝗦𝗵𝗮𝗽𝗲! The $2.4 billion construction financing for Wynn Al Marjan Island in Ras Al Khaimah marks a pivotal moment in the UAE’s hospitality and entertainment sector. This project signals a strategic...

2024 marked a breaking record year for Dubai’s property market with 180,900 transactions and 142.1 billion USD in value. Dubai's real estate market achieved a historic milestone in 2024 with 180,900 transactions valued at AED522.1 billion ($142.1 billion), marking a 36% increase in volume and 27% rise in value compared to 2023. Primary Market Growth Sales in the primary market surged by 30% to AED334.1...

The Palm Jebel Ali is an ambitious real estate project located in Dubai, United Arab Emirates, developed by Nakheel Properties. It is a large artificial island that is part of a series of "Palm" islands, including the more famous Palm Jumeirah. While Palm Jumeirah is already developed and home to luxury hotels, residences, and resorts, Palm Jebel Ali is still under development and is set to feature a range...

Villa communities outperformed the broader market, with 98% of freehold villas doubling in value since 2020. Villa prices in Dubai have been rising due to several key factors: 1. Increased Demand for Luxury and Family Homes Dubai's luxury market, especially villas, has seen a surge in demand from both local buyers and international investors. Many high-net-worth individuals (HNWIs) and expatriates are...

Dubai’s 2024 real estate deals surpass $100bln Dubai recorded a busy period in 2024 with the value of real estate deals surging far above $100 billion. Official data published by Alkhaleej newspaper on Friday showed sales of houses accounted for more than half the total real estate turnover in the first 10 months. The figures by Dubai’s Land Department showed overall real estate transactions...

Buying property in Dubai offers a range of benefits, especially for investors, expatriates, and those seeking a luxurious lifestyle. Here are some key advantages: 1. High Rental Yields Dubai has one of the highest rental yields globally, often ranging from 8% to 10% depending on the location and type of property. This is attractive for investors looking for steady income from their properties. 2....

The launch of Binghatti Skyrise has set a new benchmark in Dubai's real estate market, with 50% of its units sold out within a Day. This remarkable demand highlights the appeal of this one-of-a-kind development.  Binghatti revealed the project location with a stunning light display that illuminated the Dubai skyline, symbolically marking the project’s place in the city’s future. Binghatti Skyrise...

WHAT IS AN OFF-PLAN PROPERTY? Off-plan properties are those that are marketed and sold before they are built. Buyers purchase these properties based on project plans and developer promises rather than a physical structure. WHY DO SO MANY CHOOSE OFF-PLAN? Presently, Dubai's off-plan property market is experiencing a high and consistent demand compared to its ready property market. Here are some...