🏝️Sheikh Hamdan Approves Master Plan and Designs for Jebel Ali Beach Development Project

The Jebel Ali Beach Development Project, aligned with Dubai's 2040 Urban Master Plan, aims to develop 6.6 kilometers of coastline, focusing on recreation and ecological preservation.

🌐 Read More News HERE !

#dxbinteract #realestatemarket #propertymarket

🛣️ Dubai is set to build the world's longest green highway.

The Dubai Green Spine project will span 64 km along Sheikh Mohammad Bin Zayed Road, from Muhaisnah to Dubai Industrial City.

Solar panels will be installed on tram tracks, and the surroundings will be enriched with a million native trees and urban farms.

🌐 Read More News HERE !

#dxbinteract #realestatemarket #propertymarket

📈Dubai Real Estate Market Overview

Weekly Sales Summary

✅ Sales volume:
2,960 transactions

+0.27% increase

✅ Worth:
1.6K per sqft

-100% decrease

🌐 More Reports HERE !

#dxbinteract #realestatemarket #propertymarket

📍Freehold Areas in Dubai: A Comprehensive Guide

In this guide you will find:

🔹 Advantages of Investing in Freehold Properties

🔹 List of Freehold Areas in Dubai:
• for apartments
• for villas
• apartments and villas

🔹 Factors to Consider Before Investing

🔹 FAQs

🌐 Read the full guide HERE !

#dxbinteract #realestatemarket #propertymarket

Last Week Overview

BUSINESS BAY

💲Median Price:

AED 1,450,000
-24% decline from last week

💸 Median Price Per Sqft:

AED 2,040
-16% decline from last week

📈 Transactions:

189 transactions
-22% decline from last week

🌐 View the whole report HERE !

#dxbinteract #realestatemarket #propertymarket

🏝️Marbella Resort: Spanish-Inspired Luxury Coming Soon to Dubai's World Islands

Set to open in early 2025, Dubai's Marbella Resort on the World Islands merges Spanish elegance with AED 1 billion luxury.

This resort features 150 rooms and offers unique attractions like a kilometer-long raining street and an indoor snow plaza.

🌐 Read More HERE !

#dxbinteract #realestatemarket #propertymarket

Last Week Overview

JUMEIRAH VILLAGE CIRCLE

💲Median Price:

AED 955,000
+6% increase from last week

💸 Median Price Per Sqft:

AED 1,290
+1% increase from last week

📈 Transactions:

233 transactions
-21% decline from last week

🌐 View the whole report HERE !

#dxbinteract #realestatemarket #propertymarket

💸The Central Bank of the United Arab Emirates (CBUAE) has set a new record

As of the end of April 2024, its consolidated balance reached an all-time high of 789.82 billion dirhams.

🌐 Read More News HERE !

#dxbinteract #realestatemarket #propertymarket

📌WEEKLY SUMMARY

Check out our posts from this week:

✅ News: Dubai is set to build the world's longest green highway

✅ Weekly Sales Summary

✅ Guide: Freehold Areas in Dubai

✅ Last Week Overview: Business Bay

✅ Future Plans: Marbella Resort

✅ Last Week Overview: Jumeirah Village Circle

✅ News: CBUAE has set a new record

📈Dubai Real Estate Market Overview

Weekly Sales Summary

✅ Sales volume:
4,010 transactions

+34.97% increase

✅ Worth:
1.7K per sqft

-100% decrease

🌐 More Reports HERE !

#dxbinteract #realestatemarket #propertymarket

🏙️ Ginco Properties Launches $327m One Residence in Downtown Dubai

Ginco Properties has announced the launch of One Residence, a luxurious new project in Downtown Dubai valued at AED 1.2 billion ($327 million).

This development comes as Downtown Dubai’s real estate market shows impressive growth, with a 133% increase in property transactions and a 41% rise in rents in recent years.

🌐 Read More News HERE !

#famproperties #dubairealestate #dubaiproperty

Last Week Overview

DOWNTOWN DUBAI

💲Median Price:

AED 2,525,000
-16% decline from last week

💸 Median Price Per Sqft:

AED 2,470
-2% increase from last week

📈 Transactions:

58 transactions
-9% decline from last week

🌐 View the whole report HERE !

#dxbinteract #realestatemarket #propertymarket

🤔How can I make a decision about safe property investments more quickly?

- Find the answer on DXB Interact ! 🌐

#dxbinteract #realestatemarket #propertymarket

Dubai's Commercial Real Estate Faces Investor Surge and Supply Challenges

🔹 Foreign Investment: 45% of 2023 transactions by foreign investors.

🔹 Supply Issues: Rising demand outpacing supply.

🔹 Cost Increase: Construction materials up 20-30%.

🔹 Price Growth: 8-10% annual increase next decade.

🔹 Economic Diversification: Growth beyond oil and tourism.

🌐 Read More HERE !

#dxbinteract #realestatemarket #propertymarket

Last Week Overview

BUSINESS BAY

💲Median Price:

AED 1,748,000
23% increase from last week

💸 Median Price Per Sqft:

AED 2,180
10% increase from last week

📈 Transactions:

216 transactions
-36% decline from last week

🌐 View the whole report HERE !

#dxbinteract #realestatemarket #propertymarket

Record $17 Million Sale Achieved for Luxury Villa on Palm Jumeirah by Super-Prime Developer 25 Degrees

25 Degrees, known for its luxury European-style villas, has sold a beach villa on Palm Jumeirah for $17 million (AED 62 million), setting a new price record.

This sale highlights the growing demand for high-quality villas in Dubai. The developer aims to sell 100 homes by 2030.

🌐 Read More HERE !

#dxbinteract #realestatemarket #propertymarket

Aldar Introduces a Futuristic Skyscraper in Dubai

The new Aldar skyscraper will adorn Sheikh Zayed Road. Located on the outskirts of DIFC, the skyscraper will primarily serve as a Class A office building, also featuring retail and dining spaces.

The tower is expected to be completed in the fourth quarter of 2027.

🌐 Read More News HERE !

#famproperties #dubairealestate #dubaiproperty

📊When Will the Dubai Real Estate Market Stabilize?

The Dubai real estate market is expected to stabilize after a rise in prices due to high demand and the UAE's ambitious 2030 goals.

Significant developments expected between late 2026 and 2028 may cause a temporary correction, but long-term investments remain attractive.

🌐 Read More News HERE !

#famproperties #dubairealestate #dubaiproperty

📈Dubai Real Estate Market Overview

Weekly Sales Summary

✅ Sales volume:
4,040 transactions

-0.76% decrease

✅ Worth:
1.5K per sqft

-100% decrease

🌐 More Reports HERE !

#dxbinteract #realestatemarket #propertymarket