Dubai’s real estate sector growth next year will be driven by strategic government reforms, robust foreign investment, and a diversified economic landscape extending beyond oil, experts said
Real Estate
Corporate tax
UAE salaries to fall; Corporate Tax changes; Top Dubai real estate areas; Drone deliveries launched – 10 things you missed this week
UAE and Saudi salary updates, Dubai real estate analysis, Corporate Tax changes, major health insurance update and more top stories this week
Dubai Industrial City
Elite Group to open $27m facility in Dubai Industrial City
Elite Group will invest in automotive and e-commerce sectors with Dubai Industrial City project
luxury real estate
Modon Holding completes acquisition of La Zagaleta in Spain
The deal will mark Modon Holding’s entry into Europe’s luxury real estate market
Branded residences
Minor Hotels to launch several branded residences in the region
A total 461 keys of branded residences to be launched alongside award-winning Anantara, Avani and Tivoli hotels in the GCC
Dubai
Dubai real estate: Luxury villa sells for record AED120m in Emerald Hills
The sale resulted in an AED 40 milliom profit for the investor who purchased the plot, designed the villa and managed construction, eventually securing an off-plan buyer
Abu Dhabi Islamic Bank
UAE banks team up to fund $178m London student real estate development
UAE’s Emirates NBD and Abu Dhabi Islamic Bank close funding arrangement for Purpose-Built Student Accommodation in London
Dubai Hills Estate
Massive 9-bedroom Dubai villa sold for $54.5m on ‘Street of Dreams’
Dubai Sotheby’s International Realty announces record sale in exclusive neighbourhood
Dubai real estate
Dubai real estate: ZāZEN Properties to launch new 105-home tower
ZāZEN Properties to launch The Hub Residences in Al Furjan, Dubai
Abu Dhabi
Abu Dhabi real estate developer Ohana unveils $1.28bn luxury beachfront project with Jacob & Co.
The official launch is planned for Q1 2025
Dubai real estate: Object1 records massive growth with 1,059% increase in sales volume
Dubai real estate developer Object1 reports a 913 per cent increase in sales value
Dubai real estate
Dubai real estate: Top areas for residential sales revealed
Dubai real estate sector has seen continued growth in residential and commercial sectors
saudi real estate
Saudi real estate: Sports Boulevard Foundation establishes $932m Urban Wadi development fund
Sports Boulevard Foundation in Saudi Arabia creates mixed-use private real estate development fund for Urban Wadi project
commercial real estate
Arcapita and Flow to develop 80,000sqm logistics complex in Riyadh
Will include cold storage, dry storage, temperature-controlled facilities, and specialised spaces for pharmaceutical and hazardous goods
Dubai
Dubai’s surging real estate prices hit F&B market, entry, expansion strategies set to shift in response
Walkable zones and dedicated dining corners are set to emerge as new hotspots for F&B players in Dubai
Dar Global
Dar Global announces launch of $530m Trump Tower Jeddah
The Trump Tower will feature several highlights including the Trump Club, Saudi’s first members-only social club
Brand View
DAMAC Islands records AED10bn in sales with 3,100 units sold
Located in Dubailand, DAMAC Islands represents the company’s sixth master development