2024

Dubai Mall could be on its way to breaking another world record

“Dubai Mall continues to set new benchmarks”, says the Founder of Emaar Emaar has shared its achievements for the first half of 2024, announcing that Dubai Mall welcomed an impressive 57 million visitors, marking an eight percent increase compared to the same period last year. In 2023, Dubai Mall was honored as the most visited place on Earth. Renowned for its vast array of shops, stunning...

Dubai real estate sector recorded $3.5bn of transactions last week

The Dubai real estate sector recorded over AED12.9 billion ($3.5 billion) in transactions last week, as reported by the Land Department. Sales transactions dominated the figures, amounting to AED10.43 billion ($2.8 billion), according to the Land Department data. A total of 2,928 sales transactions were recorded between July 8 and July 12. Dubai real estate this week: Among the top sales...

Here is how RERA’s new rent index changed Dubai property dynamics

The latest RERA rental update marks the conclusion of 'Covid pricing' and introduces additional changes. The Dubai real estate market has been exceptionally active this year, despite facing several challenges. The first six months of 2024 have marked a period of significant transformation for the market and the real estate industry overall. Updates to government processes, more robust regulations, and...

Emaar Properties achieves outstanding performance in H1-24

Emaar Development experienced a significant 30% increase in sales volumes, attributed to the successful completion of 30 project launches during this period, as stated in a press release. Emaar Properties demonstrated strong performance and operational efficiency across its various businesses in the first quarter (Q1) of 2024, as stated in a press release. Emaar Development experienced a significant...

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