Villa prices saw particularly strong growth, with capital values increasing by 33.4 percent year-on-year, a new ValuStrat real estate report for Q2 2024 finds
Real Estate
Brand View
Ginco Properties launches One Residence in the heart of Downtown Dubai
One Residence will feature 453 units, spread across 30 floors
Abu Dhabi
Aldar expands Dubai portfolio with office tower on SZR and acquisition in DIC
The tower will have an NLA of 88,000 sqm, including a luxury hotel and residences; Also acquires ‘6 Falak’, a fully-occupied office building in Dubai Internet City
Real Estate
Saudi Arabia sees over 120 foreign businesses relocate to Riyadh in Q1 2024
This influx of foreign firms has led to a scarcity of prime office space, with Grade A occupancy rates soaring to 98%, new report suggests
Donald Trump
Trump is building a new tower in Dubai. Could he maybe finish the last one first?
Trump Tower Dubai’s location and completion date are slated for announcement later this year, with construction set to begin in 2025
Dubai
JVC vs JLT: How much Dubai real estate can you buy with $1m?
As Dubai’s real estate market evolves, investors have diverse property options, from off-plan to townhouses, with Jumeirah Village Circle and Jumeirah Lakes Towers offering contrasting returns on a $1 million budget
Dubai
Dubai real estate: Seabeats announces novel insurance plan to cover all aspects of home ownership
The proposed house insurance cover will offer coverage for both the structure of the house as well as the contents inside, beside protection against natural disasters such as floods, and earthquakes, as well as accidents like fires
Brand View
Revealed: Inside the expansion of The Valley by Emaar ‘Dubai’s first true suburb’
Phase Two of The Valley by Emaar will feature expansive homes of 3-5 bedrooms, starting from AED2.7 million upwards
commercial real estate
Dubai real estate: Office market shows resilience as demand outpaces supply
One notable new trend was the rise of pre-leasing in Dubai, where tenants secure offices before they are available
Dubai
Dubai real estate: Off-plan property market hits $14.1bn in Q2 2024
The surge in activity has been attributed to Dubai’s growing appeal, with each quarter surpassing previous transaction records
Dubai
Dubai real estate: Property developer 25 Degrees sets new record with $17mn villa sale
The 5,800-square-foot private beach Dubai villa was completed in January 2024
India
India’s real estate sector sees drop in land deals in Q2 2024 amid election uncertainty, soaring prices: Report
The South Indian city of Bengaluru topped the list with 9 land deals for 114 acres in Q2
Dubai
Revealed: Dubai off-plan properties prices to surge 15% in second half of 2024
Dubai real estate market faces competition from Abu Dhabi, Ras Al Khaimah: Experts