Real Estate

Meraas launches final phase of The Acres with luxury 7-bedroom mansions

Meraas Unveils Final Phase of The Acres Development in Dubai Dubai’s Meraas has introduced the final phase of The Acres, its exclusive standalone villa community. This much-anticipated release includes a refined selection of three, four, and five-bedroom villas, along with The Acres Estates, showcasing the distinguished Amber and Ivory Collections, which feature five, six, and seven-bedroom...

Dubai is getting over 17,000 new affordable homes

Dubai is set to welcome over 17,000 affordable homes following a major government announcement this week. On Wednesday, March 12, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum revealed that 1.46 million square meters of land have been designated for affordable housing. This land will accommodate exactly 17,080 residential units as part of the Dubai 2040 Urban Masterplan. The...

Setting dights on Dh1 trillion real estate transactions in Dubai

Dubai’s real estate market is poised for another record-breaking year, with transactions expected to reach Dh1 trillion in 2024. The market continues to thrive due to strong housing demand, government initiatives, and a growing population. Key Highlights Market Performance & Projections 2023 Record-Breaking Transactions: Over Dh634 billion worth of real estate transactions. 2024 Target:...

Dubai real estate sector recorded $4.7bn of transactions last week, including $19m office

Dubai’s real estate sector recorded transactions worth AED17.16bn ($4.7bn) last week, as per Land Department data. Sales transactions accounted for AED12.24bn ($3.3bn), with a total of 3,837 sales recorded between March 3 and March 8. Key Transactions This Week Among the highest-value deals listed by the Land Department were: An office in Enara by Omniyat, Business Bay, sold for AED68.8m...

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