If you are looking for an accurate and fair rental value in Dubai, the Dubai Land Department (DLD) has introduced the new Smart Rental Index. This tool is an updated version of the RERA rental increase calculator, which previously helped tenants find estimated rent prices in their area. In contrast, the Smart Rental Index offers more transparency and accuracy, powered by Artificial Intelligence (AI)....
Dubai, UAE – Dar Global, an international luxury real estate developer, in collaboration with the Trump Organization, has announced the launch of the iconic Trump Tower Dubai, scheduled to open in 2025. Strategically located in Dubai, the project aims to set new standards in luxury hospitality and residential living in the region. The development will feature the Trump Hotel and Trump-branded...
Authored by Dr. Sina Ghaderi, CEO of AKT Real Estate Dubai’s real estate market continues to shine as a global investment hub, and November 2024 data reveals the top-performing areas for rental yields. These areas have consistently demonstrated high returns, making them ideal for property investors seeking long-term profitability. Here are the top 10 areas in Dubai with the highest rental yields for...
In an ever-changing global economy, real estate investment continues to stand out as a reliable and profitable avenue for investors seeking long-term growth, stability, and wealth preservation. According to Dr. Sina Ghaderi’s latest report, the combination of steady appreciation, passive income potential, and protection against inflation makes real estate a cornerstone of successful investment...
Damac Properties, a leading name in Dubai’s real estate market, has achieved a historic sales milestone by selling over AED 10 billion worth of properties in less than 10 hours. This record-breaking achievement underscores the strength of Dubai’s thriving property market and the trust high-net-worth investors and end-users place in Damac’s developments. The remarkable sales figure comes from...
Dubai’s allure as a global hub for luxury real estate continues to attract high-profile personalities, including Brazilian football star Neymar Jr. The athlete recently purchased a Dh200-million penthouse in the prestigious Bugatti Residences by Binghatti—the world’s first and only Bugatti-branded residences. Part of the exclusive Sky Mansion collection, Neymar Jr’s penthouse is a...
The concept of luxury in real estate is evolving, as affluent buyers seek more than grand mansions or exclusive penthouses. High-net-worth individuals (HNWIs) are now prioritizing sustainable communities that not only elevate their lifestyle but also address pressing environmental concerns. a majority of HNWIs now see environmental and sustainability factors as essential when choosing property. Leading...
According to the latest rankings from US News & World Report, the United Arab Emirates now stands as the world’s most economically stable nation, ranking first among 89 countries. This impressive achievement highlights the UAE's success over traditionally strong economies, attributed to its low manufacturing costs, favorable tax policies, streamlined bureaucracy, minimal corruption, and transparent...
Dubai’s property market set a new record in September 2024 with 18,038 transactions, surpassing the previous high of 17,139 from May by nearly 900, reflecting strong sector confidence and growth. Residential sales dominated, accounting for over 95% of total transactions, with off-plan sales—led by Emaar, followed by Damac and Sobha—comprising 73% of all sales. Property Monitor reported that the...
Dubai has maintained its position as the leading city in the Middle East and North Africa (MENA) region in Kearney’s Global Cities Index, securing the 24th spot globally and remaining in the top 25 for the fourth consecutive year. Ease of entry, a new metric under the human capital dimension, highlights the success of these cities in attracting and retaining foreign talent. The report also noted the...
