The Dubai real estate sector recorded transactions worth AED 13.83 billion ($3.8 billion) last week, according to data from the Land Department. Sales transactions accounted for the majority of this activity, totaling AED 10.65 billion ($2.9 billion), as per Land Department figures. Between January 20 and January 24, a total of 3,614 sales transactions were registered. Dubai Real Estate Highlights...
In the ultra-luxury apartment segment valued at over USD 10 million, OMNIYAT Properties achieved 46 transactions, capturing a 37% market share. Strengthening its position as the preferred developer in Dubai’s most prestigious locations, OMNIYAT secured a commanding 58.1% market share on Palm Jumeirah, with AED 2.18 billion in sales across 33 high-value transactions. In the heart of Dubai, OMNIYAT...
Property buyers in Dubai are increasingly basing their real estate investments on the city's development plans. Many align their decisions with the government’s road and transport infrastructure expansion initiatives, ensuring smoother commutes between home and work. The significant influx of new residents into the emirate has led to heightened demand for properties, both for purchase and rental,...
Dubai has long been a global center for real estate investment, offering a unique combination of comfortable living, tax-free benefits, and a rapidly expanding economy. As we approach 2025, the market continues to evolve, presenting promising opportunities for investors. With major infrastructure developments, a growing population, and a stronger emphasis on sustainable living, Dubai remains a top...
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