Real Estate

UAE real estate market to reach highs of AED2.6 trillion by 2024

The extended growth is due to the interest of high-net-worth individuals (HNWIs), particularly their demand for luxury property investment in the city. Recent data from Statista indicates that the UAE real estate market is projected to reach a value of AED2.6 trillion by the end of next year. The extended growth is attributed to the interest of high-net-worth individuals (HNWIs), specifically their...

Dubai South Properties unveils 209-unit luxury apartment project

Dubai South Properties has announced the launch of South Living, a luxury apartment project in the Residential District of Dubai South, which sets new standards in premium apartment living. According to Dubai South Properties, this project is part of their well-planned approach and successful track record in developing, selling, and delivering large-scale residential projects. South Living features...

Dubai’s branded residences top choice for global high-net-worth individuals

The data indicates that 69% of high-net-worth individuals worldwide are now interested in owning a branded property in the emirate, an increase from 59% in 2023. According to Knight Frank's 2024 Destination Dubai report, Dubai's branded residences have become a leading choice for high-net-worth individuals (HNWIs) worldwide. The report indicates that 69 percent of HNWIs globally are now interested in...

Dubai Mall gets new Dh1.5 billion investment for expansion

Emaar unveils an expansion plan that includes 240 new luxury retail and dining options. Emaar Properties has revealed plans for a new Dh1.5 billion expansion of Dubai Mall, which will feature 240 additional luxury stores and food and beverage outlets. Announcing the impressive enhancement, Mohamed Alabbar said, "The new Dubai Mall expansion is a remarkable addition to one of the world's most...

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