Chinese buyers are driving Dubai’s property market, positioning the city as a premier destination for affluent individuals, states Knight Frank. The property consultancy forecasts that, in the long term, Dubai will join the ranks of top financial hubs like New York, London, and Singapore. Knight Frank anticipates growth in Dubai’s office and residential property segments […]
The market for ultra-luxury homes in Dubai has experienced a remarkable surge, with the sale of residences priced at £18 million (Dh92 million) or more doubling to 56 last year. A reduced inventory of available homes drove this substantial increase compared to the previous year. Data from Knight Frank revealed that the total value of […]
Dubai is the top choice for expats seeking to relocate abroad, surpassing popular cities like New York, Miami, and Paris, according to research conducted by financial services firm Remitly. The study, based on a 12-month analysis of Google search data for “move to city” phrases in 164 countries, consistently positioned Dubai as the most sought-after […]
Expo City Dubai has introduced its latest residential project, Sky Residences, a collection comprising one to three-bedroom apartments in the vibrant Expo Central communities. Strategically located in Expo City, Sky Residences is one of three distinct apartment complexes, with a central position close to the city’s businesses, restaurants, and attractions, making it an ideal residence […]
Danube Properties has unveiled its latest project, Bayz101, a 101-level megatall tower in Business Bay, Dubai. The tower will have 1,346 apartments, making it the developer’s largest project to date in terms of both units and overall space. The development will include apartments ranging from studio size, which starts at Dh1.2 million, up to four […]
Dubai’s property market is gaining a new player in the form of Sankari Properties, which intends to construct a $1 billion development in the Business Bay area. With rising investor interest in the ultra-luxury property sector, the twin residential towers will offer three, four, and five-bedroom units $10 million. Chairman of Sankari Properties, Mohammed Sankari, […]
Unveiling a spectacle that has taken the world of haute horology by storm, Franck Muller Aeternitas Tower in Dubai Marina is a symbol of craftsmanship, precision and architectural inspiration. But what’s the story behind the clockwork marvel? From Humble Beginnings to Luxurious Heights Franck Muller, a name that resonates with elegance in the realm of luxury […]
Dubai is poised to deliver a wealth of property investment opportunities in 2024. Here’s a glimpse into the biggest new real estate developments in the city that have caught the eye of investors worldwide. The Dynamic Shift to Sustainable Developments The pursuit of sustainability has evolved from being a trend to becoming a tangible reality. […]
Dubai’s 2024 property sales had a fantastic start with the week ending January 5, a robust total of 1,721 real estate and property transactions, valued at Dh5.8 billion, transpired in Dubai, as reported by the Dubai Land Department (DLD). The weekly DLD report unveiled a dynamic market scenario, with 114 plots fetching Dh1.36 billion, and […]
Dubai-based developer Nakheel has achieved prestigious Blue Flag status for eight of its beaches. The newly certified beaches span across various locations, including Jebel Ali, Palm Jumeirah, and Dubai Islands. Attaining the Blue Flag status involves meeting rigorous environmental, educational, safety, and access criteria. The accreditation is bestowed upon developers and/or companies responsible for venue […]