Dubai-based developer Wasl has unveiled an ambitious expansion of Jumeirah Golf Estates, introducing a masterplan titled “The Next Chapter” that will add over 12,000 new residential units across six lifestyle districts. Spanning 4.68 million square meters, the development aims to accommodate more than 51,700 residents upon completion. Key Features of the Expansion Residential Offerings: The...
As Dubai’s property market matures, more tenants are gradually shifting toward homeownership, thereby broadening the base of end-users in the emirate. In response to this trend, Central Asian developer Deniz, in partnership with Mimar—a prominent Middle Eastern design institute—and Seeniun Properties, a leading real estate brokerage in the UAE, has officially launched its joint residential...
According to the Dubai Land Department, between May 5 and May 9, 2025, the Dubai real estate sector recorded AED 20.1 billion ($5.5 billion) in transactions. This included 4,116 sales transactions totaling AED 16.48 billion ($4.5 billion). Notable sales during this period were three apartments in Jumeirah Residences Asora Bay, with one selling for AED 96.9 million ($26.3 million) and two others for AED...
A recent study by Betterhomes reveals a significant shift in tenant preferences within Dubai's rental market, highlighting a growing demand for professionally managed properties. Key Findings: High Occupancy Rates: Betterhomes' professionally managed portfolio boasts a 96% occupancy rate, indicating strong tenant preference for such properties. Maintenance Expectations: 83% of tenants expect...
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