Can’t afford to buy a $20m Dubai mansion? Here’s how to start investing in Dubai real estate from just $136. Dubai's real estate market is thriving, with residential property sales reaching AED191bn ($52.5bn) in the first half of the year alone. It seems like every day brings news of a $20m home being sold on Palm Jumeirah or luxury properties with Burj Khalifa views setting new...
2024
The Dubai-based developer's sales backlog reached $24.52 billion as of the end of June. Dubai-based Emaar Properties PJSC reported a net profit attributable to shareholders of AED 5.34 billion ($1.45 billion) for H1 2024, an 8% increase year-on-year, driven by rising retail sales and higher real estate demand in Dubai. The company disclosed on Thursday via DFM that its revenue reached AED 14.4...
Branded residences under construction in Dubai are about 10 percent cheaper on average compared to their ready counterparts, offering investors an attractive margin for capital gains, according to a new study by Morgan’s International Realty. "The lower prices of under-construction branded residences offer a compelling entry point for buyers aiming to benefit from future value appreciation upon...
Most buyers are focusing on off-plan residential units, according to Property Finder. Villa and apartment purchases in Dubai reached a record high in July, with total transactions for the month increasing nearly 57% in value compared to the previous year. The market recorded over 17,000 deals valued at AED 55.5 billion ($15.1 billion) last month, marking a “record-breaking month,”...