2024

A 59.6m square feet Dubai plot fetches record Dh3.58 billion

Dubai has experienced substantial increases in land values, with the DIP deal sealing the deal. The second Dubai Investments Park (DIP) area witnessed a significant Dh3.58 billion plot sale, contributing to the total Dubai real estate sales of Dh4.33 billion across 372 transactions on Friday. Data from Dubai Land Department indicates that the 59.6 million square feet area resulted in a per square foot...

The Palm Crown : The Pointee to be redeveloped into 38 Luxury Villas

Introducing The Palm Crown… The Pointe, originally established as a dining and entertainment hub atop the Palm Jumeirah in December 2018, underwent confirmation of redevelopment by Nakheel in May 2023. Despite Nakheel not officially disclosing plans for The Pointe, various real estate firms have now provided details about the upcoming project known as The Palm Crown. Contrary to initial speculation...

Dubai real estate sector off to a blistering start in 2024; notches up over $21bn sales in Jan-Feb

Buyer preferences have undergone a discernible change at the beginning of the new year, with a notable shift towards well-located apartments in areas such as Dubai Marina, Downtown Dubai, and Jumeirah Village Circle, gaining more attention compared to spacious villas. Dubai's real estate sector is experiencing an exceptional start to the first quarter of 2024, witnessing a substantial surge in sales...

Luxury Dubai real estate developer debuts with $17m Palm Jumeirah villa, eyes 100 sales by 2030

25 Degrees initiates the sale of its inaugural upscale property in Dubai and aims to market 100 luxury residences by the year 2030. The newly established luxury real estate developer, 25 Degrees, in Dubai, led by international entrepreneur and investor David von Rosen, aims to market 100 properties in the city. The debut of the company involved unveiling a $16.9 million villa on Palm Jumeirah, marking...

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