May 2, 2024

Aldar launches Athlon, its second residential project in Dubai

Adjacent to Global Village, Athlon will feature 1,492 residential units with three to six bedrooms, designed around the concept of active living. Sales will commence on May 7th. Aldar Group, based in Abu Dhabi, has revealed Athlon, its second residential development in Dubai, created in collaboration with Dubai Holding. The name draws inspiration from the Greek term meaning 'place of contest,' and Aldar...

Dubai’s residential real estate market witnesses record-breaking growth in Q1 2024

Transaction volumes surged by a notable 35% quarter-on-quarter, soaring to a record-breaking 35,100 units. In Q1, 63% of transactions involved properties under construction. There was a remarkable 73% increase in off-plan sales compared to the previous quarter. The market was predominantly driven by apartment sales, which accounted for 83% of all transactions. Rental rates across Dubai...

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