UAE Climbs to 2nd Place in Global Greenfield Investment Rankings

The UAE is now the second-largest recipient of greenfield investments globally, boosting demand for commercial and residential real estate. Its strategic location, favorable business climate, and tax incentives drive this growth, supporting economic diversification.

🌐 Read More News HERE !

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📈Dubai Real Estate Market Overview

Weekly Sales Summary

✅ Sales volume:
3,430 transactions

+67.24% increase

✅ Worth:
1.4K per sqft

-100% decrease

🌐 More Reports HERE !

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Cristiano Ronaldo Purchases €25 Million Plot of Land in Dubai

Cristiano Ronaldo has invested €25 million in a plot on Jumeirah Bay, Dubai, to build a mansion.

He also opened TATEL Dubai, a luxury restaurant in Downtown Dubai, with Rafael Nadal and Pau Gasol.

🌐 Read More News HERE !

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Dubai Real Estate Market Booms in May 2024: A Comprehensive Overview

Best Performing Areas in May 2024:

🔹 Jumeirah Village Circle
🔹 Al Merkadh
🔹 Business Bay
🔹 Sobha One
🔹 Hadaeq Sheikh Mohammed Bin Rashid

💸The average property prices in Dubai have seen a notable increase:

• Apartments: AED 1.3 million, an 8.8% rise from May 2023.

• Villas: AED 2.8 million, marking a 10.9% increase.

• Commercial Properties: AED 1.5 million, up by 49.2%.

• Plots: AED 4.6 million, a slight decrease of 7.4%.

🌐 Read More HERE !

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💵RTA Launches AED431 Million Project to Enhance Dubai Harbour Access

🌉 A 1,500-meter bridge will be constructed, featuring two lanes in each direction. This bridge will link Sheikh Zayed Road to Dubai Harbour.

The bridge is designed to accommodate up to 6,000 vehicles per hour in both directions, drastically reducing travel time from 12 minutes to just 3 minutes.

🌐 Read More News HERE !

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📉Are Dubai Property Prices Falling?

- Not Falling, but Evolving

In May 2024, Dubai's real estate market displayed strong growth, with a 49.2% increase in property transactions, rising property and rental prices, and a surge in mortgage market activity.

🌐 Read More HERE !

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📈Dubai Real Estate Market Overview

Weekly Sales Summary

✅ Sales volume:
2,900 transactions

-18.32% decrease

✅ Worth:
1.4K per sqft

-100% decrease

🌐 More Reports HERE !

#dxbinteract #realestatemarket #propertymarket

🏗️Sobha Realty Announces Construction of Nature-Inspired Mall in Dubai

Sobha Realty is constructing a community mall in Dubai's Sobha Hartland, set to open in late 2026. Costing AED 210 million, this project will blend retail and leisure, offering shops, eateries, and sustainable design features such as natural lighting and energy-efficient systems.

🌐 Read More News HERE !

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Dubai Real Estate Market Overview: Q2 - 2024

📊 Sales Volume:

43,612 transactions
19.7% increase vs. QoQ
44.1% vs. Q2 2023

💸 Sales Value:

AED 124.6B
15.1% increase vs. QoQ
36.6% increase vs. Q2 2023

💰Sales Value:

• Apartments: AED 62.5B (45% increase vs Q2 2023)
• Villas: AED 27B (18.7% increase vs Q2 2023)
• Commercial: AED 2.4B (22.2% increase vs Q2 2023)
• Plots: AED 32.7B (154.3% increase vs Q2 2023)

📍Top 5 performing areas:

• Jumeirah Village Circle
• Zaabeel First
• Business Bay
• Dubai Marina
• Dubai Hills Estate

🌐 Discover full report HERE !

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🏝️Sheikh Hamdan unveils Jebel Ali open beach project with diving, swimming and viewing areas

The Jebel Ali Beach Development Project will see a two-kilometre open beach for swimming, a 2.5km diving sports area, a walkway with viewing platforms, and recreational and service areas for beachgoers of all ages.

🌐 Read More News HERE !

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Last Week Overview

DOWNTOWN DUBAI

💲Median Price:

AED 2,450,000
-16% decline from last week

💸 Median Price Per Sqft:

AED 2,350
-7% decline from last week

📈 Transactions:

43 transactions
-32% decline from last week

🌐 View the whole report HERE !

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Fairmont and SOL Properties Launch Fairmont Residences Solara Tower in Dubai

Fairmont Hotels & Resorts and SOL Properties are constructing the Fairmont Residences Solara Tower in Downtown Dubai, set to complete by 2027. The 55-story tower will blend luxury living with exclusive amenities like private pools and gourmet restaurants, capitalizing on Dubai’s growing luxury real estate market.

🌐 Read More HERE !

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🏝️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 !

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🛣️ 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 !

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📈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 !

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📍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 !

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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 !

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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