Growth in the real estate markets of both Dubai and Abu Dhabi was fueled by off-plan sales, with Dubai experiencing a greater boost due to a flourishing tourism sector that increased the demand for homes. GBO CORRESPONDENT Experiencing a robust off-plan market that set new annual records, Dubai and Abu Dhabi collectively achieved real estate sales exceeding 455.7 billion UAE dirhams (USD 124...
Scheduled to commence operations in November 2024, the new toll gates will raise Salik's total count in Dubai from eight to ten. Salik Company PJSC, the exclusive toll gate operator in Dubai, has been tasked by the Roads and Transport Authority (RTA) with the installation of two new toll gates to alleviate congestion and optimize traffic flow on crucial routes within the city. The two additional toll...
With handovers slated for the third quarter of 2026, the apartments offer breathtaking views and start at AED1.79 million in price. Expo City Dubai's premier developer, Master Developer Expo City, has unveiled the introduction of Sky Residences, featuring one- to three-bedroom apartments, within the flourishing Expo Central communities. Situated in the core of Expo City, Sky Residences is among three...
Dubai's real estate market is anticipated to experience price increases ranging from 5-10 percent in the year 2024, according to Hussain Sajwani, the head of Damac Properties, one of the city's major real estate developers. Sajwani shared his insights during the World Economic Forum in Davos, stating that he expects the market to remain robust without a correction for the next two...
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