2024

The net profit has increased to $120 million, up from $39.26 million for the corresponding period in 2022, while revenue has seen a 56% growth, reaching $341.5 million. Deyaar, a prominent real estate developer and service provider in Dubai, reported a 206 percent increase in net profit for the full financial year ending on December 31, 2023, reaching AED440.7 million ($120 million). This marks a...

The online auction initiated by Alphabeta Properties commenced on January 21 and is expected to continue for approximately two weeks.The online auction initiated by Alphabeta Properties commenced on January 21 and is expected to continue for approximately two weeks. On Meydan Avenue, Alphabeta Properties unveiled its residential project, M77, on Sunday, introducing unconventional rental procedures. M77...

The housing market in the emirate is expected to reach nearly $82 billion, equivalent to AED 300 billion, by the end of this year. The residential real estate market in Dubai is expected to experience significant growth in 2024, with a projected 17 percent increase in market volume and a 20 percent rise in property transactions compared to the previous year, according to a recent market study. The surge...

Dubai's property market continues its upward trajectory, marked by an unprecedented boom in 2024. A leading property portal in the UAE, Bayut, reports record influxes of local and international investors drawn by promising returns on investment. The CEO of Bayut, Haider Ali Khan, notes that Dubai's property sector has sustained commendable growth, driven by heightened demand from investors and residents,...