Azizi Developments Unveils Apartment Prices for Burj Azizi, the World’s Second-Tallest Tower Azizi Developments has officially announced the prices of apartments in Burj Azizi, set to become the world’s second-tallest tower. The prices for ultra-luxury units start at AED 7,149 per square foot, with the highest reaching AED 34,000 per square foot. Apartment prices range from AED 7.5 million to...
Dubai Real Estate Transactions Reach AED 17.05 Billion in a Week According to data from the Dubai Land Department, the Dubai real estate sector recorded transactions worth AED 17.05 billion (USD 4.6 billion) last week. Sales transactions constituted a major portion of this figure. The department's data indicates that the total value of sales transactions reached AED 12.31 billion (USD 3.4...
The construction of the Wynn Al Marjan resort in Ras Al Khaimah is advancing at a remarkable pace, with a new floor being added every week. The project is expected to reach its full height by the end of the year. "Over the past 100 days, the resort tower has risen by approximately 140 feet," Wynn Resorts announced on Friday. Wynn Al Marjan, a $3.9 billion project, is the region’s first integrated...
Dubai has announced a groundbreaking decision allowing property owners in Sheikh Zayed Road and Al Jaddaf areas to convert their leasehold properties into freehold ownership. This initiative aims to boost the city’s real estate market, attract more investors, and provide property owners with enhanced legal rights over their assets. Why Sheikh Zayed Road and Al Jaddaf Matter Sheikh Zayed Road is...
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...
