Category Archives: Real Estate

Real Estate

Emaar Announces Groundbreaking AED 91-billion Exclusive Lifestyle Destinations

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Emaar Announces Groundbreaking AED 91-billion Exclusive Lifestyle Destinations

  • Emaar announces the launch of The Heights Country Club in Dubai, an exclusive 81 million square feet development valued at AED 55 billion.
  • Alongside, Emaar reveals Grand Club Resort next to The Oasis, covering 60 million square feet with a total development value of AED 41 billion, featuring world-class wellness resort and facilities.
  • Both destinations are set to redefine high-end living in the UAE, with Emaar continuing its legacy of delivering world-class high-end developments.
  • Emaar’s new developments are expected to significantly enhance sales and profitability through a substantial offering of luxurious villas and townhouses.
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Real Estate

IPS 2024 Day 2: Insightful Sessions Illuminate Future Trends in Real Estate Industry

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IPS 2024 Day 2: Insightful Sessions Illuminate Future Trends in Real Estate Industry

Dubai, UAE, 28 February 2024: Organized with the support of the Dubai Land Department and Emirates Real Estate Solutions, the International Property Show (IPS) 2024 entered day 2, carrying the energy from day 1 forward for all visitors and exhibitors, at the Dubai World Trade Centre.

Day 2 opened with visitors flocking to the exhibition, and attend the fireside chats and panel sessions at the main IPS Conference Stage. For workshops and MOUs, the IPS Activities Stage was full with excited attendees.

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Real Estate

Deloitte reports record real estate transaction levels in Dubai

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Deloitte reports record real estate transaction levels in Dubai: Sales prices up 18% and rents up 26% in 2023

  • The Emirate preserves its status as a safe haven for investors, amidst geopolitical and economic headwinds in other global investment markets
  • The average occupancy rate for Dubai hotels stood at 77% in 2023 and the number of international visitors surpassed pre-pandemic levels

Dubai, United Arab Emirates, February 28, 2024 – Theleading global professional services firm, Deloitte, released its annual Real Estate Report for the year 2023, reflecting on the robust performance of Dubai across all market sectors.

The residential market in Dubai has experienced remarkable growth in 2023, with sales prices increasing by 18% and rental rates soaring by 26% over the previous year. The market continues to be dominated by cash buyers, and demand for affordable villas and townhouses has fueled rental activity in this segment. Villa price growth has outpaced prices for apartments, while rent increase has moved in tandem. This trend is expected to persist in 2024, although the rate of growth may stabilize as new supply enters the market.

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Real Estate

IPS 2024 Day 1 Unveils Cutting-Edge Insights and Collaborations in Real Estate Industry

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IPS 2024 Day 1 Unveils Cutting-Edge Insights and Collaborations in Real Estate Industry

The inaugural day of the highly anticipated International Property Show (IPS) 2024 commenced with a vibrant array of presentations and panel discussions at the IPS Conference Stage and workshops on the IPS Activities Stage, illuminating key trends and challenges in the realms of real estate and technology.

IPS Conference Stage Highlights

Fireside Chat: Dr. Michael Waters, Author of ‘The Essential Guide to the Dubai Real Estate Market,’ captivated audiences with his insightful analysis of the current landscape of real estate in Dubai. His fireside chat, where he hosted Majid Al Marri, CEO of the Real Estate Registration sector at DLD, set the stage for a day of robust discussions and exploration.

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Real Estate

Marwan bin Ghalita Inaugurates the 20th Edition of the International Property Show

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Marwan bin Ghalita Inaugurates the 20th Edition of the International Property Show

Dubai, UAE, 27 February, 2024: His Excellency Engineer Marwan bin Ghalita, Acting Director General of Dubai Land Department, inaugurated the proceedings of the 20th edition of the International Property Show (IPS). The event, spanning three days until 29 February, features the participation of 125 local and international exhibitors and serves as a platform to exchange experiences, showcase the latest projects, and explore promising investment opportunities within the real estate sector.

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