Tag Archives: business

It’s Time To Go Now!

It’s  Time To Go Now!                                                                  28 February 2025 The jury is out whether the Dubai real estate market is slowing down, after four years of a post-pandemic rally, and whether prices and rentals have now peaked. Two things … Continue reading

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Hit The Road Jack!

Hit The Road Jack!                                                                                    21 February 2025 Under the new Smart Rental Index, launched last month, Dubai landlords now have to notify tenants ninety days before the expiry of tenancy contracts to increase rentals; this regulation applies … Continue reading

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Where Do You Go To My Lovely?

Where Do You Go To My Lovely?                                           07 February 2025 In 2024, the Dubai luxury residential market saw one extra US$ 10 million + home sold, on the year, to a total of four hundred and thirty-five; 35.2% of this … Continue reading

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Tradin’ War Stories!

Tradin’ War Stories!                                                        31 January 2025 Property Monitor indicated that, in 2024, Omniyat Properties consolidated its leading ranking in the position of selling the most apartments, valued at over US$ 10 million, with forty-six transactions, with a total sales value … Continue reading

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Out Of Her Depth!

Out of Her Depth!                                                              24 January 2025 A new report by fäm Properties estimates that Dubai’s 2024 secondary property market generated capital gains of US$ 16.27 billion, equating to 32% of Dubai’s record high total re-sale value of US$ … Continue reading

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Bumpy Ride!

Bumpy Ride!                                                                        03 January 2025 The four hundred and twenty-five metre tall Marina 101 project, (featuring one hundred and one floors floors), launched by Sheffield Real Estate, had been progressing well, especially in the boom years prior to … Continue reading

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Second Hand News!

Second-Hand News!                                                         27 December 2024 Union Properties has broken ground on its latest Motor City US$ 545 million project – the Takaya – which overlooks the Dubai Autodrome; home prices will be in the mid-to-high range. This development comes … Continue reading

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Highway To Hell!

Highway To Hell!                                                  20 December 2024 This week, a nine-bedroom mansion in Hills Grove, Dubai Hills Estate, sold for a record-breaking US$ 54.5 million. Hills Grove, with just twenty-six residences along a single street, has become known as … Continue reading

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Hold On To What You’ve Got!

Hold On To What You’ve Got!                                                 15 November 2024 There is no doubt that residential rents have been heading north at speed, with the emirate’s ultra-luxury real estate market leading the pack. This week, a US$ 2.3 million, two … Continue reading

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Masters of War

Masters of War                                                           27 September 2024 Nakheel, part of Dubai Holding Real Estate, has awarded a US$ 470 million contract, to Alec by Nakheel, to construct its seventy-five-storey Como Residences on Palm Jumeirah.  This luxury development will only have a … Continue reading

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