January 2024

The most recent residential project exclusively for Emiratis is Latifa City. On Sunday, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, gave his approval to a series of projects aimed at constructing additional homes for Emiratis. Following his recent initiative to double the number of Emirati families within 10 years, Sheikh Mohammed has officially designated an area named Latifa City...

Dubai's real estate sector witnessed a significant week, with transactions totaling $3.9 billion, including a notable $1.6 billion in apartment and villa sales. According to information provided by the Dubai Land Department, the real estate sector in Dubai witnessed transactions totaling AED14.2 billion ($3.9 billion) this week. In the week ending January 26, 2024, a total of 4,123 transactions took...

For the third consecutive year, Dubai holds the top spot in the Tripadvisor rankings. In the Tripadvisor Travellers' Choice Awards, Dubai has clinched the title of the world's most popular tourist destination. For the third consecutive year, the emirate has secured the top spot in the destination rankings, underscoring its well-established status as a global tourism hotspot. The awards rely on public...

There was a significant increase in buyers from Egypt, Lebanon, Pakistan and Turkey In 2023, Betterhomes' latest data indicates that Indian property investors have overtaken Russians to become the foremost buyers of real estate in Dubai. The statistics show British and Russian buyers securing the second and third positions, respectively. This contrasts with the 2022 landscape, where Russians, British, and...