2024 - Page 2 of 12 - Royal Majestic Real Estate

New Dubai Property by Acube Offers Over 50 Amenities

By Jan Leo,May 28, 2024June 20, 2024

Discover Electra: Luxury Living in Jumeirah Village Circle

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.

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Record-Breaking $1M Dubai Rental Deal

By Jan Leo,May 27, 2024June 20, 2024

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.

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Record Villa Sales Announced in Al Wasl, UAE

By Jan Leo,May 27, 2024June 20, 2024

Luxury Redefined: Azizi Venice

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.

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Dubai South Unveils New Luxury Apartments

By Jan Leo,May 24, 2024June 20, 2024

Discover South Living: A Premier Residential Experience

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.

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Dubai’s Real Estate Boom: Key Areas to Watch Near Al Maktoum Airport

By Jan Leo,May 23, 2024June 20, 2024

Key Locations Set for Growth

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.

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Dubai Office Space Demand Outpaces Supply, Pre-Leasing Prevails

By Jan Leo,May 21, 2024May 23, 2024

Future Projections and Current Trends in Dubai’s Office Market

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.

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Dubai Housing Delivery to Reach 35,000 Units by 2024

By Jan Leo,May 20, 2024May 20, 2024

Investor Demand and Market Strength Driving Growth

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.

With 72,500 millionaires, Dubai is the wealthiest city in the Middle East

Dubai Lifestyle Dubai Real Estate

Dubai: Middle East’s Wealth Hub with 72,500 Millionaires

By Jan Leo,May 17, 2024May 20, 2024

Rising Wealth Trends in the Middle East

Dubai emerges as the wealthiest city in the Middle East, boasting a staggering 72,500 millionaires, according to a recent report. Over the past decade, the city has witnessed a remarkable 78% surge in its millionaire population, highlighting its growing prominence in global wealth dynamics.

Emirates Announces Full Move to Al Maktoum Airport by 2034

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Emirates to Shift Entire Operations to Al Maktoum Airport by 2034

By Jan Leo,May 16, 2024May 20, 2024

A Seamless Transition for Emirates Airline

Emirates Airline and Group chairman and CEO, Sheikh Ahmed bin Saeed Al Maktoum, announced that the airline would relocate all operations to Al Maktoum International Airport by 2034 in a single move, part of the D33 program. Sheikh Ahmed emphasized that there will be no split of operations during this transitional period, with all flights operating from one airport. The move is deemed necessary to accommodate the expansion of regional airlines and the aviation industry. The government of Dubai has declared that over the next few years, all operations currently conducted at Dubai International (DXB) will be moved to Al Maktoum International (DWC), with DXB’s operations fully absorbed by a new Dh128 billion passenger terminal at Dubai World Central in ten years, increasing passenger capacity to 260 million annually.