As Dubai’s property market matures, more tenants are gradually shifting toward homeownership, thereby broadening the base of end-users in the emirate. In response to this trend, Central Asian developer Deniz, in partnership with Mimar—a prominent Middle Eastern design institute—and Seeniun Properties, a leading real estate brokerage in the UAE, has officially launched its joint residential...
According to the Dubai Land Department, between May 5 and May 9, 2025, the Dubai real estate sector recorded AED 20.1 billion ($5.5 billion) in transactions. This included 4,116 sales transactions totaling AED 16.48 billion ($4.5 billion). Notable sales during this period were three apartments in Jumeirah Residences Asora Bay, with one selling for AED 96.9 million ($26.3 million) and two others for AED...
A recent study by Betterhomes reveals a significant shift in tenant preferences within Dubai's rental market, highlighting a growing demand for professionally managed properties. Key Findings: High Occupancy Rates: Betterhomes' professionally managed portfolio boasts a 96% occupancy rate, indicating strong tenant preference for such properties. Maintenance Expectations: 83% of tenants expect...
Emaar Development has reported a robust performance for the first quarter of 2025, with significant growth across key financial metrics: Property Sales: AED 16.5 billion (US$4.5 billion), marking a 28% increase compared to Q1 2024. Revenue Backlog: AED 100.1 billion (US$27.3 billion) as of March 31, 2025, up 52% year-on-year, indicating strong future revenue streams. Revenue: AED 5 billion...
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