2024

Rising rents prompt residents to seek affordable areas, downsize

Many families sought larger homes with outdoor spaces amid the pandemic, prioritizing comfort, functionality, and well-being. In Dubai, a significant number of families are in the midst of relocating due to rising rents in established neighborhoods. During the pandemic-induced rent decline, many residents seized the opportunity to move to more spacious homes with gardens. However,...

Dubai construction sector is growing, but city needs mid-market properties: analyst

ZāZEN Properties: Demand for mid-market real estate must meet population growth. Dubai faces a pressing need for mid-market properties to entice diverse investors, as the emirate's population is projected to double by 2040, warns ZāZEN Properties. Post-COP 28, the company emphasizes the urgency of bolstering sustainable construction efforts to meet the expanding population...

A prime plot in Dubai has been acquired by MAG for the construction of Keturah residences

MAG, a prominent real estate developer in the United Arab Emirates (UAE), recently acquired a new plot of land in Downtown Dubai for AED 350 million ($95.2 million) as part of its ongoing project within the Keturah brand. This venture aims to expand its luxury residential offerings and further enhance its standing in the high-end real estate and hospitality sector. The success...

For $163.48 million, Dubai’s largest penthouse goes on sale with mini golf, a cinema, and ten parking spots

Emerald Palace Group (EPG) has unveiled the largest penthouse in Dubai, the Super Penthouse R1, priced at an astonishing Dh600 million. Spanning the top three floors and the rooftop of the Raffles The Palm Dubai Residences, this opulent residence boasts a record-breaking total built-up area of 77,707 square feet, making it the largest private residence in...

Compare listings

Compare