2024

Dubai firm selling multi-million dollar watches to the super-rich set to make debut in luxury real estate

The Watch Meister ventures into the Dubai real estate market following significant achievements in the realm of luxury watches valued at $2 million and beyond. The Watch Meister, renowned for catering to Dubai's elite with multi-million dollar timepieces, is poised to enter the city's upscale residential real estate market, unveiling ultra-luxury homes priced at $2 million and beyond. Expanding its...

AED148million property sold, marking third most expensive villa sale this year

The 19-bedroom villa, sold by Dubai Sotheby's International Realty, ranks as the fourth most expensive villa ever to be sold in Emirates Hills. In Dubai, a record-breaking real estate deal has occurred with the sale of a villa in Emirates Hills for AED148 million. Featuring 19 bedrooms, this villa has secured the fourth-highest price ever seen for a property in Emirates Hills. Dubai Sotheby’s...

DLD kicks off first phase of strategic partnerships to support property programme

Emaar Properties, Expo Dubai, Deyaar, DAMAC Properties, Azizi Developments, MAG, Sobha Realty, Ellington Properties, and Al Bait Al Duwaliy Real Estate Development have joined forces in a strategic alliance agreement. The Dubai Land Department (DLD) has commenced the first phase of a series of strategic collaborations with nine developers to strengthen the 'Dubai Real Estate Programme'. This initiative...

In Dubai property, UAE Nationals to get 10-15% quota in project launches by leading developers

The Dubai Land Department has partnered with nine developers to bolster employment opportunities for UAE Nationals. Steps have been implemented to increase the representation of UAE Nationals as real estate agents in property sales within Dubai. The objective is to ensure that between 10-15 percent of units in projects from some of Dubai’s leading developers are allocated and sold by Emirati...

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