Tag Archives: Real Estate

Real Estate

A”W Capital” study : Dubai real estate at new records amidst a relentless boom

Dubai real estate at new records amidst a relentless boom

* 9 exceptional months of sales topped AED 374 billion

* Highest quarterly sales ever during Q3 2024 exceeding AED 142 billion

*  The highest sales ever for September at about AED 43.3 billion

Walid Al Zarooni:

= Dubai  real estate sector turned challenges into unprecedented achievements 

= The real estate sector continues to break sales records on daily, weekly and monthly bases

= Dubai 57 months cumulativereal estate sales  make AED 1.3 trillion

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Real Estate

Reportage Properties to hold a special sales day in Dubai

Abu Dhabi, 27 September 2024: Reportage Properties, the leading UAE-based real estate developer, is holding a special sales day at the JW Marriott Marquis Hotel Dubai next Sunday, September 29.

The event includes various offers on specific projects, including an offer giving a 10% discount, with a 10% down payment, and 1% monthly installment until hand over, in addition to another offer that gives a 5% discount, with a 5% down payment, and 1% monthly installment until hand over, as well as the possibility of benefiting from a 15% discount when paying a 20% down payment, and 1% monthly installment until hand over.

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Real Estate

UAE Poised to Attract Over 6,700 Millionaires in 2024, Unique Properties Capitalizes with London Roadshow

26 September 2024, Dubai, United Arab Emirates: The United Arab Emirates is set to reinforce its position as a top global wealth magnet, with projections indicating it will attract over 6,700 millionaires this year, according to the Henley Private Wealth Migration Report 2024. This influx of high-net-worth individuals (HNWIs) is driving a boom in the UAE’s real estate market, particularly in Dubai, where British investors have now surpassed both Indian and Russian counterparts to become the leading property buyers.

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Business & Investments

Surge in Demand Across Various Sectors as Event Season Kicks Off in the UAE

Dubai, UAE, September 2024: As the region enters its highly anticipated event season, several industries, including mobility, hospitality, and retail, are reporting strong demand driven by major events. Key players across sectors are seeing a significant uptick in bookings, sales, and consumer interest, reflecting the strong recovery of the travel, tourism, and event industries.

Soham Shah, CEO of Selfdrive Mobility, highlights the substantial increase in vehicle reservations, “With the event season in full swing, we are observing a substantial increase in vehicle reservations, driven by heightened demand from both business and leisure travelers. Major events such as GITEX Global, Dubai Airshow, and the Formula 1 Abu Dhabi Grand Prix are contributing significantly to this surge, with a notable rise in short-term rentals and long-term subscriptions.

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