Jumeirah, the renowned hospitality brand, has set its sights on a dynamic expansion strategy, introducing several new properties that promise to redefine luxury travel experiences worldwide. Spearheading this initiative are the exquisite Jumeirah Le Richemond in Switzerland, the alluring Jumeirah Marsa Al Arab, and the captivating Jumeirah Red Sea in Saudi Arabia. Embracing Tradition and Innovation:...
The Ajman real estate market is buzzing with activity, witnessing a substantial surge in transactions during the first quarter of 2024. According to official data released by the Department of Land and Real Estate Regulation in Ajman, the value of real estate transactions soared to an impressive AED1.92 billion ($523 million) during this period. Upward Trend in Real Estate Transactions Omar bin Omair Al...
Ras Al Khaimah, an emirate nestled in the heart of the United Arab Emirates, is emerging as a powerhouse in the realm of real estate investment. According to industry experts, the return on investment (ROI) in this emirate is currently soaring between a remarkable 16 to 20 percent, positioning it among the most lucrative real estate markets globally. Unveiling the Potential: A Developer's...
In the dynamic landscape of real estate development, few names shine as brightly as Aldar, the master developer based in Abu Dhabi. As the first quarter of 2024 drew to a close, Aldar proudly announced its stellar financial results, setting a new benchmark for success in the industry. With a net profit (after tax) of Dh1.6 billion, Aldar witnessed an astonishing 88% increase compared to the same period in...
Unlock the secrets behind Emirates REIT's phenomenal success in FY 2023! Delve into our comprehensive analysis of record-breaking revenues, robust profits, and strategic lease optimization strategies. Discover how Emirates REIT, managed by Equitativa (Dubai) Limited, is revolutionizing the real estate landscape in Dubai with its diversified portfolio of premium properties. If you're seeking insights into...
Sharjah, a thriving hub of real estate activity, has witnessed a remarkable surge in property transactions, soaring to Dh10 billion in the first quarter of 2024. This surge marks a substantial 67.1% increase compared to the same period last year, signaling a robust demand that shows no signs of slowing down. The pivotal shift came as the emirate opened its doors to non-GCC nationals, enabling them to...
Introducing Binghatti Hills: A Majestic Real Estate Endeavor Set to be a monumental addition to the Dubai Hills skyline, Binghatti Hills stands as a testament to innovation and architectural brilliance. With a staggering 1,666 residential units sprawled across an expansive landscape, complemented by 21 retail spaces, this development is poised to set new standards in urban living. A Glimpse Into Luxury...
Dubai's real estate landscape is experiencing an unprecedented surge in development activity, with both local and international developers launching projects at a staggering pace. Development Frenzy in Q1 2024 In the first quarter of 2024, developers, both domestic and foreign, have embarked on a development spree in Dubai. According to preliminary data from Cavendish Maxwell’s Property Monitor, the...
The Dubai luxury real estate market is experiencing a surge, as reported by Knight Frank, a global property consultant. In the first quarter of this year, Dubai witnessed a remarkable increase in the sale of properties valued at more than $10 million, totaling to 105 transactions, marking a significant 19% rise compared to the same period in 2023. Rising Demand for Luxury Properties Faisal Durrani,...
The Rise of Palm Jebel Ali: A Hotspot for Investors Industry insiders reveal that investors are reaping the benefits of a three-year surge in the local real estate market by capitalizing on premium returns of up to 10%. Palm Jebel Ali is positioned to become one of Dubai's next major investment hubs, following in the footsteps of the highly successful Palm Jumeirah. Development Initiatives and Investor...
