The Dubai real estate sector saw $4.4bn of transactions and 4,695 sales last week The Dubai real estate sector recorded AED16.29bn ($4.4bn) of transactions last week, according to data from the Land Department. Sales transactions dominated the figures, with AED10.96bn ($3bn), according to Land Department data. In total there were 4,695 sales transactions recorded between...
Bayut’s H1 2025 Rental Market Report shows a maturing rental market in Dubai with increasing sale prices for specific segments. Dubai’s rental market is undergoing a subtle but important recalibration. Once considered a transient city where renting was the default choice, 2025 is telling a more nuanced story. Tenants are thinking long-term, with aspirations for ownership, as market forces...
Nakheel, a member of Dubai Holding Real Estate, has awarded a contract worth AED2.6 billion ($708 million) to Fibrex Contracting for the construction of the Bay Villas project at Dubai Islands. Featuring 636 luxury units across five distinct property types, Bay Villas represents the Dubai master developer's newest waterfront community development. Building on Nakheel's existing relationship with...
Dubai luxury branded residences fuel surge in high-end home maintenance demand Dubai’s booming luxury branded residential sector is driving a sharp increase in demand for premium home maintenance services, according to UAE-based specialist Hitches & Glitches. More than 13,000 branded units were sold in Dubai during 2024, up 43 per cent from the previous year, according...
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