As the prices of luxury villas in Dubai skyrocket, homeowners can make millions in profit by incorporating cinema rooms, steam rooms, and gyms into their home renovations. Home renovations are proving to be a lucrative investment strategy, with property owners in some of Dubai’s most exclusive villa communities making millions in profit, experts told Arabian Business. In the upscale villa community...
Majid Al Futtaim announces the Ghaf Woods real estate development in Dubai, featuring more trees than residents. Dubai real estate developer Majid Al Futtaim has officially launched a massive new development, featuring more trees than residents. Named Ghaf Woods, this is MAF’s first forest living community, comprising 7,000 properties and over 35,000 trees. Moreover, the community offers 15...
The Dubai real estate sector experiences a significant week, recording sales exceeding AED13 billion. The Dubai real estate sector recorded transactions exceeding AED 17.5 billion ($4.8 billion) last week, based on data from the Land Department. This marks an increase of approximately $500 million compared to the AED 15.9 billion ($4.3 billion) recorded the previous week. Sales were the most...
The data shows that May 2024 marked an unprecedented peak for Dubai's real estate sector, recording the highest volume and value of transactions ever. Dubai's real estate sector achieved a record high, registering the greatest volume and value of transactions to date, as highlighted in Property Finder's market performance report for May 2024. A total of 17,713 transactions were recorded, representing...
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