In just nine months since its launch, Dubai’s Burj Binghatti Jacob & Co. Residences has achieved a remarkable milestone, with half of its units already sold. This upscale development, in partnership with Jacob & Co., promises an unmatched living experience, boasting sleek design, luxurious amenities, and breathtaking cityscape views. Upon completion, it will stand as the world’s tallest residential skyscraper, solidifying Dubai’s status as a prime destination for luxury real estate investors.

Read more “Half of Burj Binghatti Jacob & Co. Residences Sold Out!”

In the first quarter of 2024, the Dubai Financial Market (DFM) saw a significant influx of new investors, with brokerage firms opening 26,596 fresh investor accounts. This marks a notable 103% increase from the 13,112 accounts opened during the same period in 2023.

Read more “DFM Welcomes 26,596 New Investors in Q1 2024”

In a bid to boost job opportunities for residents, the Dubai Land Department (DLD) has partnered with nine developers, both private and government-backed, to reserve a portion of their property projects for sale through Emirati brokers.

Read more “Dubai Allocates 15% Property Sales to Emirati Brokers”

Dubai’s housing market continues its upward trajectory, as per the latest data from ValuStrat indicating robust growth across various sectors.

The Dubai Residential Capital Values Price Index (VPI) surged by 23.1% annually, hitting 164.1 points in February 2024. This rise reflects sustained demand and investor optimism in the market.

Read more “Dubai’s Luxury Housing Demand Soars, Driving Property Surge”

Luxury projects in Abu Dhabi and Dubai attract high-net-worth individuals, foreign investors, and residents with competitive pricing.

In the UAE, property projects are flying off the shelves in record time, often within days or even hours. This trend persists despite predictions of slower growth in the real estate market this year following a robust rally over the past three years.

Read more “UAE’s Hot Property Market: Abu Dhabi and Dubai Projects Sell Out Rapidly”