Prime Plots in Iconic Hub Deliver Exceptional Returns, Reinforcing Dubai’s Global Investment Status Three prime plots in Downtown Dubai were sold for a combined profit of Dh715 million, showcasing the city’s real estate growth and investment potential. These transactions, completed within just five days last month, yielded profits of Dh225 million, Dh290 million, and Dh200 million for the...
2025
Dubai Real Estate Market Records $4.1bn in Transactions and 3,726 Sales Last Week Dubai’s real estate sector registered AED14.88bn ($4.1bn) in transactions last week, as per data from the Land Department. Sales accounted for the majority, reaching AED11.38bn ($3.1bn), according to the Land Department’s figures. A total of 3,726 sales transactions were recorded between March 10 and March 14. Top...
How Much Should Dubai Property Buyers Save Before Purchasing a $1 Million Home? In Dubai’s real estate market, buyers often wonder how much they need to save before committing to a million-dollar property. Financial experts suggest that aside from the initial down payment, buyers should set aside AED1.25-1.6 million ($340,000-$435,000) before making a purchase. According to Mike Coady, a...
Fitch has also given Binghatti a ‘stable outlook,’ reflecting confidence in the company’s continued financial discipline and market leadership. Dubai’s leading developer, Binghatti Holding, announced that Fitch Ratings has upgraded its Long-Term Issuer Default Rating (IDR) and senior unsecured debt from ‘B+’ to ‘BB-’. The upgrade is attributed to Binghatti’s strengthened financial...