Real Estate

A new luxury real estate and hospitality project is unveiled by Damac

Damac Properties, a prominent Dubai developer, has unveiled its latest luxury development, Damac Maison Aykon City, strategically located along Sheikh Zayed Road, in close proximity to Safa Park, upscale dining, retail, entertainment, and nightlife destinations. The project is positioned not only as a new addition to Dubai's skyline but as a visionary venture aiming to redefine...

Teraciel Properties announces the launch of The Imperial, a stunning mansion in Dubai Hills

The Imperial marks the latest development by Teraciel Properties Landmark Property: The Imperial represents the latest pinnacle of achievement by Teraciel Properties, a boutique luxury real estate developer dedicated to creating landmark properties and communities. Record-Breaking Price: The Imperial has set a groundbreaking record for the highest...

Dubai developer Sankari Properties to build $1bn ultra-luxury project

Prices at the twin residential towers, located in Business Bay, will start at $10 million Sankari Properties, a newcomer to Dubai's real estate scene, is set to embark on a groundbreaking $1 billion development in the coveted Business Bay area, responding to heightened investor interest in the ultra-luxury property segment. The ambitious project will feature twin residential towers...

Dubai’s population growth is outpacing its property supply by a wide margin

Dubai's real estate market is grappling with a significant supply-demand imbalance, particularly in the residential sector. The rapid population growth, driven by an influx of foreigners attracted by increased investment returns and diverse residency permit options, has outpaced the delivery of new residential units. In 2023, 50,000 new residential units were delivered, addressing...

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