OMNIYAT Unveils Bespoke Division Alongside Luna Sky Palace Launch Dubai developer OMNIYAT has introduced OMNIYAT Bespoke, a division dedicated to crafting custom residences for ultra-high-net-worth individuals (UHNWIs). This launch coincides with the unveiling of Luna Sky Palace at ORLA, Dorchester Collection, Dubai. Spanning 58,476 square feet over three levels, Luna Sky Palace boasts a...
Growing Population, Rising Demand, and Increasing Dubai Property Prices Dubai property prices are expected to continue their upward trend over the next two to three years, according to The National. Rental costs are also likely to rise as demand for housing surpasses the available supply in the emirate. A report from ValuStrat management consultancy reveals that only 27,000 new homes were completed in...
Dubai’s real estate market had a remarkable 2024, driven by strong demand in both residential and office sectors. With supply struggling to keep up, rents, prices, and transaction volumes have surged, as per Cushman & Wakefield Core’s Dubai Annual Report 2024-2025. Despite an increase in new stock, demand shows no signs of slowing, leading to further price growth in 2025, especially in the...
Dubai’s real estate sector recorded transactions totaling AED17.05bn ($4.6bn) last week, as per data from the Land Department. Sales transactions made up the bulk of this figure, amounting to AED12.31bn ($3.4bn), according to the Land Department’s records. A total of 4,153 sales transactions were recorded between February 3 and February 7. Dubai Real Estate This Week Among the highest-value...
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