Category Archives: Real Estate

Dubai real estate sales recorded the first AED100 billion since the beginning of 2025, W Capital

The fastest range ever

*Successive record numbers in real estate sales make sure that 2025 will be a new historic year

Walid Al Zarooni

Dubai, United Arab Emirates

Tuesday, March 4, 2025

“W Capital” the Dubai-based real estate brokerage, has assessed the Dubai real estate market  which recorded sales worth AED100bn from the beginning of 2025 until March 4 (44 working days), at unprecedented range which means it  is the fastest to reach such a value in a short time.

Continue reading Dubai real estate sales recorded the first AED100 billion since the beginning of 2025, W Capital

Object 1 announces inaugural Award N1: recognising industry’s top real estate agencies

Dubai UAE 04 March 2025: Object 1, one of Dubai’s most dynamic players in Dubai’s real estate market, successfully hosted the inaugural Award N1 by Object 1 – Power of Being First, an exclusive event that recognized excellence, innovation, and leadership in the real estate sector. Held on February 28, 2025, at the Atlantis The Royal on Palm Jumeirah, Dubai, the event was a spectacular celebration of the top 10 real estate agencies of 2024, who have shown exceptional performance, loyalty, and stability in the market.

Award N1 is Object 1’s first awards show, aimed at strengthening relationships with key partners and honoring the agencies that have played an instrumental role in the company’s remarkable growth. Since its inception just two years ago, Object 1 has successfully partnered with over 3,000 real estate agencies and ranked among the Top 20 developers in Dubai and Top 3 in the Jumeirah Village Circle and Jumeirah Village Triangle districts (as per Dubai Land Department’s report). In 2024 alone, the company achieved a 913% year-over-year sales value growth, selling over 860 units, and recording a 1,059% increase in sales volume.

Continue reading Object 1 announces inaugural Award N1: recognising industry’s top real estate agencies

Dubai Land Department Recognises women’s achievements in real estate at the ‘She Pioneers’ Event

  • The event’s key outcomes included the launch of the ‘She Pioneers’ programme, which features several initiatives, including the ‘Women in Real Estate Charter,’ the ‘Real Estate Women’s Club,’ and ‘Women of Wealth’.
  • Female investors represent 34% of the total real estate investors, with 50,979 investments valued at AED 118 billion.
  • Emirati women hold over 33,900 investments and contribute to 25% of Dubai’s total real estate brokerage transactions.

Dubai, UAE, 28 February 2025: As part of its ongoing efforts to empower women in the real estate sector, Dubai Land Department (DLD) organised the ‘She Pioneers’ event, celebrating women’s outstanding achievements while reinforcing their key role in driving sustainable growth and increasing female investment in the real estate market.

The event was attended by Her Highness Sheikha Latifa bint Hamdan Al Maktoum, Sheikha Shamsa bint Hasher Al Maktoum, Her Excellency Hessa Bint Essa Buhumaid, Director General of the Community Development Authority (CDA) in Dubai, and Majida Ali Rashid, CEO of the Real Estate Development Sector at Dubai Land Department, along with a number of officials, businesswomen, and female employees of the department.

Her Highness Sheikha Latifa bint Hamdan Al Maktoum commended Dubai Land Department for organising this distinguished event, which underscores its commitment to empowering women and enhancing their role across various sectors, particularly in real estate, highlighting that the event reflects the determination and ambition of Emirati women while showcasing their remarkable achievements. She also expressed her gratitude to the officials and pioneering women in attendance, recognising their contributions and encouraging them to continue their dedicated efforts to advance women’s roles and drive them toward greater excellence and success.

During her speech at the event, held under the theme ‘She Inspires,’ Her Excellency Hessa bint Issa Buhumaid stated: “I am proud to participate in this event, which aims to create an important platform to highlight the role of women in the real estate sector and empower the next generation of female leaders in this field. Today, women are playing a pivotal role in this vital sector, with many pioneering figures emerging in real estate investment, innovation in project design, and leadership in major real estate companies.”

She added: “Let us work together to encourage women to play a pivotal role in this dynamic sector, where they contribute to creating new economic opportunities and positively impact the journey of sustainable development. Today, Women in the UAE can be inspiring leaders, driving creativity and change, and playing a vital role in shaping the bright future of this sector.”

In her opening speech, delivered under the theme ‘She Achieves,’ Majida Ali Rashid emphasised the pivotal role of women in the real estate sector, highlighting that they are no longer just investors or specialists but a driving force contributing to the sector’s growth and development.

She stated: “Female investors now account for 34% of total real estate investors, with 50,979 transactions valued at AED 118 billion. Emirati women alone hold over 33,900 investments and contribute to 25% of Dubai’s total real estate brokerage transactions. This reflects their confidence in securing successful and sustainable investments and their ability to make strategic investment decisions.”

She further highlighted that the number of female investors’ nationalities in Dubai’s real estate sector has increased from 193 in 2023 to 200 in 2024, reaffirming Dubai’s position as a preferred investment destination for women from around the world.

Majida also stressed that Dubai Land Department remains committed to enhancing women’s presence and influence in the sector through supportive initiatives and incentive-driven policies, ensuring their active and sustainable role in real estate development.

The event witnessed several key recommendations, foremost among them being the launch of the comprehensive and continuous ‘She Pioneers’ programme, which includes multiple initiatives such as the ‘Women in Real Estate Charter’; this initiative aims to enhance women’s roles and expand their opportunities in the market.

As part of this effort, Dubai Land Department has adopted principles and supportive regulations to empower female investors and real estate brokers. These measures include strengthening women’s representation in leadership positions within real estate companies, offering flexible investment packages to encourage female investment, providing competitive commission rates, and implementing training programs to support female brokers. Additionally, the initiative focuses on creating a flexible work environment, launching media campaigns, and offering free consultations to empower women to make well-informed investment decisions.

Among these programmes is also the ‘Real Estate Women’s Club,’ which provides a distinguished networking platform that brings together leaders and experts in the field to share knowledge and create opportunities.

The ‘Women Of Wealth’ will also bring together a select group of pioneering women in real estate investment and development. This leading digital platform aims to empower women in the real estate sector by promoting a holistic concept of wealth that goes beyond financial assets to include knowledge, social, and economic wealth.

The platform offers a supportive environment that connects ambitious and pioneering women in the real estate sector, helping them build expertise, expand professional networks, and enhance their investment and management skills, ultimately enabling financial independence and economic sustainability.

The event also featured a panel discussion titled ‘She Leads,’ where a distinguished group of women in the real estate sector participated. They discussed women’s roles in leadership, investment, and digital transformation, as well as the challenges they face and ways to enhance inclusivity in the market.

Additionally, the event included a session titled ‘She Innovates,’ which showcased inspiring presentations of success stories from women who have made a significant impact in the real estate sector.

The event concluded with an honour ceremony recognising leading women in the real estate sector, including a group of female investors, real estate brokers, influential figures, and the event’s supporting sponsors.

Through this initiative, Dubai Land Department continues its commitment to empowering women and enhancing their participation in the real estate sector, aligning with the UAE leadership’s vision of supporting women as a fundamental pillar of economic development.

-ENDS-

Leading Ajman Developer GJ Properties Announces AED 4 Billion Investment in 2025-’26

Unveils plans to bring 4,500 units to market, including Biltmore Residences Sufouh in Dubai

UAE – February 2025: GJ Properties, Ajman’s leading private property developer, has announced AED 4 billion in investments for upcoming projects scheduled across 2025 and 2026. The company’s robust performance is evident in its recent achievements, with 800 units sold in the last month alone. Looking ahead, GJ Properties plans to launch around 10 new projects in 2025, collectively offering approximately 4,500 units that cater to diverse lifestyle needs across the UAE.

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Sugee Group Expands into UAE. Committed to develop ~15mn sq ft in 3 years

Leading real estate developer with 35 years of legacy and presence in Mumbai and Lisbon, now in UAE with premium residential projects in RAK & Dubai

Dubai, UAE, 25 February, 2025 – Sugee Group, a distinguished real estate developer with over 35 years of expertise, headquartered in Mumbai, has announced its strategic expansion into the UAE with over 15 million sq. ft. the next three years. With a strong presence in Mumbai & Lisbon, Ras Al Khaimah and Dubai are next on the charts for this leading developer. This marks the beginning of a new chapter for Sugee Group’s expansion strategy, beginning with key developments to be announced in Al Marjan, Ras Al Khaimah within the next 60 days, and another project in RAK Central to follow soon.

Continue reading Sugee Group Expands into UAE. Committed to develop ~15mn sq ft in 3 years