Dubai Mall Expansion: A New Era of Luxury and Entertainment
Dubai, United Arab Emirates — The Dubai Mall, already one of the largest malls in the world, is poised to become even more expansive with a planned extension costing an estimated 1.5 billion dirhams ($408 million). This expansion aims to…
Ghaf Woods: Dubai’s New Forest Living Community by Majid Al Futtaim
Dubai’s latest real estate marvel, Ghaf Woods, has officially launched. Developed by Majid Al Futtaim, this unique forest living community was first introduced at MIPIM 2024, an international real estate event in Cannes, France. Ahmed El Shamy, CEO of Majid…
Cristiano & Rafael Nadal to open a new restaurant in Dubai this month.
Foodies in Dubai, get ready! The eagerly awaited opening of a stylish new Spanish eatery will be spearheaded by tennis pro-Rafael Nadal, 26, and football sensation Cristiano Ronaldo. Greetings from “Tatel“, the world-renowned restaurant with outposts in Mexico City, Ibiza,…
Strengthening UAE Real Estate: Dubai Land Department Partners with ADGM
Major Milestone in Real Estate Collaboration In a significant move to bolster the UAE’s real estate sector, the Dubai Land Department (DLD) has entered into a memorandum of understanding (MoU) with the Registration Authority of Abu Dhabi Global Market (ADGM).…
Dubai Developers Fined Dh500,000 Each for Real Estate Violations
Dubai developers fined DH 500,000 ,Three real estate developers in Dubai have been fined Dh500,000 each for their involvement in promoting and marketing real estate projects without completing the necessary registration procedures for off-plan projects. This significant financial penalty reflects the…
Dubai holiday homes growth
As global cities like New York, London, and Hong Kong navigate economic uncertainties, Dubai’s real estate market, particularly in the holiday homes sector, is projected to see significant growth. Experts predict a continuous climb in property prices, with a notable…
Dubai Developer Acube Sets Ambitious Target of 1 Million Sq Ft by 2025
Dubai-based Acube Developments has set a bold goal to develop and sell one million square feet of residential property in Dubai by 2025. In an interview with Zawya Projects, Chairman and Managing Director Ramjee Iyer shared insights into the company’s…
Dubai’s Most Expensive Property in Burj Khalifa District Sold for Dh139 Million
Dubai’s Robust Real Estate Performance Private luxury property developer Omniyat announced on Thursday the sale of a penthouse for Dh139 million ($37.8 million) in the Burj Khalifa district, setting a new record for the area. This four-bedroom penthouse, located at…
Investing in Dubai’s Property Market: A Success Story
Dubai’s Robust Real Estate Performance Krzysztof Lewandowski, a 37-year-old Polish national, has become an enthusiastic advocate for the Dubai property market. Recently, he bought an apartment in the Emaar Beachfront project for Dh4.2 million ($1.14 million). His belief in the…
Q1 2024 Update: Dubai and Abu Dhabi Real Estate Markets Exhibit Resilience and Growth
Dubai’s Robust Real Estate Performance Dubai’s strong economic performance and commitment to enhancing the quality of life continue to attract a substantial number of expatriates. Asteco’s Q1 2024 report highlights that over 10,000 residential units were delivered in Dubai during…