Dubai Land Department launches Smart Rental Index
Real Estate
Dubai
Mohamed Alabbar: Inside the mind of the man who helped build Dubai – and isn’t done yet
The real estate and technology mogul shows no signs of slowing down, declaring ‘I’m just having so much fun’
Dubai
Dubai’s real estate market to flourish in 2025 with infrastructure-led growth and emerging neighbourhoods
Massive investments earmarked for infrastructure development is a reflection that Dubai’s leadership recognises long-term success requires inclusivity, experts said
Jabal Omar Development
Saudi-based Jabal Omar announces sale of key Makkah plot for $359m
The deal comes just days after Saudi developer completed the sale of a similar plot within its Makkah development
Airports
Dubai Duty Free records record $2.2bn sales in 2024
Dubai Duty Free set new record with $225m sales in December
Dubai housing market to see price rise moderation in 2025; 5-10% price rise projected
Dubai’s property market is expected to witness supply constraints in some key areas, though developers are ramping up construction efforts to meet the rising demand
Dubai
Dubai’s top five residential areas revealed: Report
Several area topped the list including Palm Jumeirah, Jumeirah Village Circle (JVC) and Jumeirah Beach Residence (JBR)
Dubai
Dubai’s DLD to launch Smart Rental Index in January 2025
The Smart Rental Index introduces a cutting-edge system for regulating and developing Dubai’s real estate sector, particularly rental valuations
Dubai Land Department
Dubai real estate sector recorded $6bn of transactions last week, including $3.4bn of mortgages
The Dubai real estate sector saw $3.4bn of mortgages transactions and 3,345 sales
Makkah
Saudi real estate developer ROSHN breaks ground on 33,000-home ALMANAR community in Makkah
ROSHN holds ground-breaking ceremony at ALMANAR residential community in Makkah, Saudi Arabia
Dubai
Dubai South Properties completes first phase of The Pulse Beachfront with 251 luxury villas
The project, which features a total of 788 residential units, offers a variety of three-, four-, and five-bedroom villas and townhouses, ranging from 2,600 to 4,800 square feet
RAK real estate
Ras Al Khaimah real estate hits AED 11.95bn, up 70% since 2020
The appeal of Ras Al Khaimah lies in its ability to combine luxury and affordability, attracting both investors and residents
Real Estate
Saudi Arabia real estate: Office and residential sectors maintain positive momentum in the Kingdom
CBRE Middle East report on third quarter 2024 says occupancy rates in Riyadh are running close to 100%
Dubai
Five trends that are expected to shape Dubai’s real estate in 2025
Elite Merit Real Estate analytics says rising property values, increasing rental demand, and strong investor confidence to drive Dubai market
DHG Properties
Swiss specialists to craft 10 showcase DHG Properties apartments in JVC
Helvetia Residences to feature European-inspired kitchens, state-of-the-art acoustic systems, and luxurious finishes
Dubai
Union Properties breaks ground on ‘Takaya’ in Dubai Motor City
The $540 million project will have three residential towers with 788 units, apart from penthouses, townhouses, and villas
Dubai
MBRHE and Wasl Group sign MoU to develop sustainable housing projects in Dubai
As part of the partnership, the agreement grants Wasl Group priority access to future investment opportunities in housing projects