2024

Dubai’s Emaar announces $25bn lifestyle destinations

Situated adjacent to Emaar's The Oasis, The Heights Country Club and Grand Club Resort are estimated to have a value of AED55 billion and AED41 billion, respectively. Emaar Properties is set to introduce two extraordinary projects in Dubai: The Heights Country Club and Grand Club Resort adjacent to The Oasis. With a combined value of AED55 billion and AED41 billion, these ventures seek to redefine...

Dubai and Abu Dhabi experience surging property demand and high rental yields according to dubizzle findings

Dubizzle's yearly property reports highlight a growing interest in budget-friendly villas and high-end apartments in Dubai, with Abu Dhabi showcasing enhanced rental value and a notable return on investment (ROI). Dubai, UAE: dubizzle's Annual Property Market Report for Dubai and Abu Dhabi has unveiled robust demand and high rental yields in both emirates, reflecting the impressive diversity of...

UAE and Saudi construction costs to rise by up to 7% in 2024

As costs increase, construction companies in the UAE and Saudi Arabia are turning to AI, modular construction, and sustainability to address the challenges. According to a report by project management specialists, Currie and Brown, construction costs are poised to rise in the UAE and Saudi Arabia this year. In 2024, construction costs in the UAE are expected to see a 2-3% increase, while in Saudi...

Dubai, Abu Dhabi see surging realty demand, high ROI

Areas like Dubailand and Al Barsha experienced some of the most substantial rent increases in recent years. A study from a prominent property platform highlights the enduring robust demand in Dubai and Abu Dhabi real estate markets, driven by impressive rental yields. The findings depict a resilient and dynamic real estate sector, presenting various opportunities for investors, residents, and tourists...

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