2024

Branded real estate sector in Dubai leads world with 140 premium projects expected by 2031

Jumeirah Village Circle led with 1,528 transactions worth AED1.6 billion, followed by Dubai Marina with 838 transactions totaling AED3.1 billion. Dubai’s real estate sector maintained strong momentum in November, recording 13,502 property transactions worth AED40 billion, according to fäm Properties. Apartment sales dominated, with 10,857 transactions valued at AED19.9 billion, marking a 31.2%...

Property market maintains Momentum with 13,502 sales in November

Jumeirah Village Circle led with 1,528 transactions worth AED1.6 billion, followed by Dubai Marina with 838 transactions totaling AED3.1 billion. Dubai’s real estate sector maintained strong momentum in November, recording 13,502 property transactions worth AED40 billion, according to fäm Properties. Apartment sales dominated, with 10,857 transactions valued at AED19.9 billion, marking a 31.2%...

How 3D printing in construction could support $272bn property transaction targets

3D-printing technology may play a key role in achieving Dubai’s ambitious real estate and construction goals. Aligned with the Dubai Real Estate Strategy 2033, which seeks to position the city as a global real estate investment hub, 3DXB Group reinforces its dedication to advancing technology and sustainability in the sector. The company remains at the forefront of integrating 3D printing...

Property market sets new record with $1.08mn annual rent for Palm Jumeirah penthouse

A Dubai property consultant has finalized one of the highest residential rental agreements in the emirate, leasing a penthouse at One at Palm Jumeirah for AED 4,000,000 ($1,089,025.20) annually. Vasileios (Bill) Kandris of Dacha Real Estate handled the deal for the 7,450-square-foot residence, which boasts a private pool and terrace with views of Dubai’s skyline, including Palm Jumeirah, Ain Dubai,...

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