Royal Majestic – Real Estate
An impressive 69% of global high net worth individuals (HNWIs) are keen on owning a branded residential property in Dubai, up from 59% in 2023, as revealed by a recent Knight Frank report.
Read more “High Net Worth Individuals Eye Branded Residences in Dubai”
According to Bayut’s latest analysis, Dubai Investments Park, Discovery Gardens, and Liwan offer the best rental returns, with yields reaching up to 11% for affordable property buyers.
Jumeirah Islands has emerged as a top choice for the elite seeking to make Dubai their home, alongside renowned neighborhoods like Emirates Hills, Jumeirah Bay Island, and Palm Jumeirah.
Read more “Jumeirah Islands: Dubai’s New Millionaires’ Haven”
Acube Developments has launched its second property project, Electra, a 38-story residential tower in Jumeirah Village Circle (JVC), Dubai. Construction will begin in the second quarter of 2024 and is expected to be completed within three years.
Read more “New Dubai Property by Acube Offers Over 50 Amenities”
Luxury Living at Villa Amalfi
Driven Properties, a top real estate brokerage, announced a record-breaking rental deal for a five-bedroom townhouse in Villa Amalfi, Jumeira Bay Island, Dubai. This fully furnished residence, rented at AED 3.7 million ($1 million) per year, now holds the title of Dubai’s most expensive townhouse rental.
Azizi Venice, nestled in Al Wasl, UAE, is a beacon of luxury living. Boasting over 30,000 residential units, including 400 lavish villas and mansions, it redefines opulence. With the expertise of the National Engineering Bureau, renowned for innovative solutions, and Azizi Developments’ visionary leadership, Azizi Venice promises unparalleled sophistication. From its vibrant boulevard, adorned with premier retailers and chic nightlife venues, to the cultural epicenter of Azizi Opera, this development offers a lifestyle like no other.
Dubai South Properties has recently launched South Living, a luxurious apartment project in Dubai South’s Residential District. This exciting development features 209 spacious units, including studios, one-, two-, and three-bedroom apartments, as well as special-terraced units, offering a range of indoor and outdoor living experiences.
Impact of the Dh128 Billion Al Maktoum International Airport Project
Dubai: The Dh128 billion Al Maktoum International Airport project is poised to significantly influence Dubai’s real estate market, particularly within a 20-kilometer radius of the new airport.
Read more “Dubai’s Real Estate Boom: Key Areas to Watch Near Al Maktoum Airport”
Dubai’s Office Space Struggle: Demand Surpasses Supply
Dubai’s thirst for office space is unquenchable, with Grade A spaces predicted to be fully occupied by next year. The surge is fueled by a wave of foreign companies establishing regional bases in the emirate.
Read more “Dubai Office Space Demand Outpaces Supply, Pre-Leasing Prevails”
Dubai’s housing market is poised for significant expansion, with over 35,000 new units slated for delivery by the year’s end, reveals a JLL study. Investor enthusiasm, fueled by innovative product offerings, attractive payment options, and recent adjustments to golden visa requirements, is propelling this growth.
Read more “Dubai Housing Delivery to Reach 35,000 Units by 2024”