Category Archives: Categorized

Dubai Property

Déjà Vu

Déjà Vu                                                                                   05 July 2024 According to Dubai Land Department, over 80% of the new property units launched in Dubai since 2022 have been sold out – a sure sign that the off-plan sector is in rude health, and … Continue reading

Posted in Categorized | Leave a comment

It’s Time To Go!

It’s Time To Go!                                                                             28 June 2024 Omniyat plans to boost investment and more than double the value of its property portfolio to U$27.3 billion, (AED 100 billion), in the next five years, as it seeks to capitalise on … Continue reading

Posted in Categorized | Leave a comment

Broken!

Broken!                                                                                   21 June 2024 Aqua Properties posted that it has already sold over nine hundred units in The Central Downtown project, within just one hundred days of its launch; this is the firm’s seventh project. The leading real estate … Continue reading

Posted in Categorized | Leave a comment

Are We There Yet?

Are We There Yet?                                                                             14 June 2024 Majid Al Futtaim has unveiled plans for a massive new residential project, including 1 B/R, 2 B/R and 3 B/R apartments, as well as duplex penthouses, spread across five to six floors. … Continue reading

Posted in Categorized | Tagged , , , , | Leave a comment

Don’t Believe Everything You Hear!

Don’t Believe Everything You Hear!                                                   07 June 2024 Records were broken last month, with Dubai’s real estate sector posted the highest ever volume and value of transactions at 17.7k, (53.3% higher compared to May 2023) and  up 38.0% on the … Continue reading

Posted in Categorized | Leave a comment

We Will Rock You!

We Will Rock You!                                                                             31 May 2024 Data from the Dubai Land Department indicates that, in the twelve months to 31 March, there was a 5.8% rise in the number of rental registrations to over 159.9k, split between a 12.3% … Continue reading

Posted in Categorized | Leave a comment

Tears Of A Clown!

Tears Of A Clown!                                                                             24 May 2024 Knight Frank has indicated that global high net worth individuals are expected to spend 76% more, on the year, to US$ 4.4 billion buying in the burgeoning Dubai property market in 2024. … Continue reading

Posted in Categorized | Leave a comment

Livin’ On A Prayer!

 Livin’ On A Prayer                                                                             17 May 2024 Mainly attributable to marked growth in affordable and mid-market communities, Q1 property prices in Dubai rose for the fifteenth consecutive quarter. Cushman & Wakefield Core noted that “there are no signs of … Continue reading

Posted in Categorized | Leave a comment

Island In The Sun!

Island In The Sun!                                                                         10 May 2024 Latest data from Knight Frank indicates that in Q1, Dubai’s ultra-luxury developments, (those residences valued at US$ 10 million plus), showed a 19% jump on the year to hit a new record … Continue reading

Posted in Categorized | Leave a comment

Waiting for the Great Leap Forwards!

Waiting for the Great Leap Forwards!                                  03 May 2024 Amali Properties unveiled its first master-planned community, Amali Island on The World Islands, housing twenty-four villas, priced at between US$ 13.6 million and US$ 34.0 million, with one villa valued … Continue reading

Posted in Categorized | Leave a comment