Real Estate

For the first time ever, Dubai real estate sales approach AED 400bln this year

Dubai Real Estate Surges Towards Historic Milestone: W Capital Predicts Annual Sales to Exceed Dhs400 Billion Dubai's real estate market is poised to make history, with annual sales anticipated to surpass Dhs400 billion for the first time, according to W Capital, a prominent Dubai-based real estate brokerage company. Drawing on data from the Dubai Land Department (DLD), the value of real estate sales...

GCC real estate market to pass $5tn by 2028: report

Thriving Gulf real estate; International Property Show offers a pivotal platform for discerning investors. The Gulf Cooperation Council (GCC) real estate market is on an unprecedented growth trajectory, set to surpass $5 trillion by 2028, as indicated by a recent report. Projections from Statista underscore this trend, estimating the market's value to reach $4.43 trillion by the end of 2023. Notably,...

Dubai property owners increasingly opting for flipping as prices hit all-time high

In Dubai, a burgeoning trend among property owners and investors involves capitalizing on the emirate's record-high real estate prices through strategic remodeling and flipping. With values soaring, individuals with holdings in sought-after locales are increasingly opting for extensive redesign and renovation endeavors. Paul Kelly, Operations Director at Allsopp & Allsopp, notes that these investors...

Pagani Automobili partners with Dar Al Arkan for $218 million Dubai tower project

Dar Al Arkan, a leading real estate company in Saudi Arabia and the GCC, has joined forces with Italian hypercar maker Pagani Automobili to unveil the DaVinci Residential Tower in Dubai. The collaboration marks significant milestones for both entities, showcasing Dar Al Arkan's regional expansion and Pagani's entrance into the Middle East real estate market. The AED800 million...

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