2024

Munthir Al Ali, Chairman of the Board of Directors of a consortium of real estate firms, affirmed that Dubai's real estate sector has experienced a significant resurgence since 2021, marked by a rise in construction sector sales volumes, reaching its peak performance this year. This was particularly evident as residential rents in the emirate experienced a pronounced upturn, prompting real estate...

Affluent individuals, international investors, and locals eagerly invest in upscale developments offered at prices lower than those in comparable global metropolises. Property projects in the UAE are still flying off the shelves, often selling out within days, if not hours. Despite forecasts of slower growth in the real estate market this year following a robust rally over the past three years, demand...

Samana is broadening its portfolio to include waterfront developments, which will solidify its position as a leading growth player in Dubai. Samana Developers, based in Dubai, announced today its intention to invest Dh12.5 billion ($3.4 billion) in new residential projects across Dubai for the remainder of 2024. Additionally, the company plans to grant 18 construction contracts this year. With its...

These investment options become appealing due to competitive pricing, adaptable payment plans, enticing returns, and governmental backing. The off-plan market in Dubai has experienced significant growth in recent years, propelled by interest from residents, domestic investors, and wealthy individuals from abroad. Despite the expansion of other segments, off-plan properties remain a substantial portion...