Samana Launches Dh1 Billion Lake Views Project in Dubai Production City
CategoriesDubai Real Estate Real Estate News

Samana Launches Dh1 Billion Lake Views Project in Dubai Production City

Luxurious Living: Features and Amenities at Samana Lake Views

Dubai-based developer Samana unveiled its latest venture, the Dh1 billion Samana Lake Views Project, in Dubai Production City. The project marks the beginning of a grand expansion into waterfront developments, catering to demand for resort-style living.

Read more “Samana Launches Dh1 Billion Lake Views Project in Dubai Production City”

Rising Demand for Co-living Spaces in Dubai Sparks Rent Increases
CategoriesDubai Real Estate Real Estate News

Rising Demand for Co-living Spaces in Dubai Sparks Rent Increases

Are young professionals flocking to co-living spaces in Dubai? It seems so, especially among those in their 20s and early 30s, navigating new roles and experiences in the city.

Market sources reveal a surge in listings for co-living rentals, with lease rates showing signs of stabilization.

Read more “Rising Demand for Co-living Spaces in Dubai Sparks Rent Increases”

Dubai's Casa Canal: 80% Sold Out Shortly After Launch
CategoriesDubai Real Estate Real Estate News

Dubai’s Casa Canal: 80% Sold Out Shortly After Launch

Luxurious Living Redefined in Dubai’s Newest Icon

Dubai’s AHS Properties launched Casa Canal Interiors by Fendi Casa, selling 80% of its units within days. Spanning 4,500 to 30,000 sqft, the tower offers luxurious units, including boutique houses, sky villas, penthouses, and sky palaces. Amenities include a cigar lounge, private pools, fine-dining, spa, yoga, beauty rooms, screening room, concierge, and chauffeur services.

Read more “Dubai’s Casa Canal: 80% Sold Out Shortly After Launch”

Dubai Villa Prices Surge, Apartments Follow Suit
CategoriesDubai Real Estate Real Estate News

Dubai Villa Prices Surge, Apartments Follow Suit

Record Growth in Dubai Real Estate Market

The ValuStrat Price Index (VPI) soared to 164.1 points in February, marking a significant 23.1% annual increase.

Dubai’s coveted villa properties have experienced a staggering doubling in value over three years, while apartment prices have risen by over a third on average, according to recent data.

Read more “Dubai Villa Prices Surge, Apartments Follow Suit”

Dubai Real Estate Outlook 2024: 34,000 Units Expected
CategoriesDubai Real Estate Real Estate News

Dubai Real Estate Outlook 2024: 34,000 Units Expected

Steady Growth Despite Global Softening

Dubai’s real estate sector is poised to deliver around 34,000 units in 2024, solidifying its position as a key driver of the UAE’s economic diversification efforts.

Despite global uncertainties, experts anticipate sustained growth in both Dubai and Abu Dhabi’s real estate markets, with approximately 8,000 units slated for delivery in the capital.

Read more “Dubai Real Estate Outlook 2024: 34,000 Units Expected”

Dubai Villa Sales Plummet 55% Amid Property Shortage
CategoriesDubai Real Estate Real Estate News

Dubai Villa Sales Plummet 55% Amid Property Shortage

Hamptons International Attributes Decline to Limited Supply

Amid a scarcity of villa properties, Dubai witnesses a sharp decline in sales, according to Hamptons International.

In February, villa transactions in Dubai nosedived by approximately 55% compared to the previous year, as reported by Hamptons International. However, transactions surged by 22.8% compared to the previous month.

Read more “Dubai Villa Sales Plummet 55% Amid Property Shortage”

Vilal Housing Boosts Residential Services in UAE
CategoriesDubai Real Estate Real Estate News

Vilal Housing Boosts Residential Services in UAE

Strategic Plans and Technological Advancements Drive Progress

Vilal Housing is dedicated to enhancing residential services in the UAE, with a recent announcement of plans to build 50 villas slated for completion by 2024.

In a pivotal meeting held at the Emirates Towers in Dubai, the board of directors, chaired by Abdul Rahim Sultan, underscored their commitment to top-notch housing solutions. Members Aarefa Al Falahi, Alia Busamra, Mohammed Al Falahi, and Alia Al Shamlan convened to review past achievements, strategize for 2024, and address sector challenges and opportunities.

Read more “Vilal Housing Boosts Residential Services in UAE”

Rising Demand for UAE Properties as Tenants Transition to Ownership
CategoriesDubai Real Estate Real Estate News

Rising Demand for UAE Properties as Tenants Transition to Ownership

Rising Demand for UAE Properties as Tenants Transition to Ownership

In Q1 2024, the United Arab Emirates witnessed a surge in demand for ready properties as more tenants opted for ownership over renting.

Contrary to Q1 2023’s surge in off-plan transactions, the first quarter of 2024 showed robust demand for existing projects in Dubai and Abu Dhabi, as per Property Finder data.

Read more “Rising Demand for UAE Properties as Tenants Transition to Ownership”

Dubai South Awards $408M Contract for South Bay Project
CategoriesDubai Real Estate Real Estate News

Dubai South Awards $408M Contract for South Bay Project

Dubai South Properties has awarded a $408 million contract to Al Kharafi Construction for stages three, four, and five of the South Bay project. The fourth phase, set for completion in Q1 2027, will include 138 units, featuring seven-bedroom mansions and three-, four-, and five-bedroom villas. CEO Nabil Al Kindi expressed confidence in the contractor’s expertise.

Read more “Dubai South Awards $408M Contract for South Bay Project”

UAE Witnesses Surge in Property Ownership as Tenants Transition to Buyers
CategoriesDubai Real Estate Real Estate News

UAE Witnesses Surge in Property Ownership as Tenants Transition to Buyers

During Q1 2024, the United Arab Emirates saw a notable rise in the demand for ready properties, fueled by tenants opting for ownership over renting.

Contrary to Q1 2023, which witnessed a surge in off-plan transactions, the property market in Dubai and Abu Dhabi experienced robust demand for existing projects in Q1 2024, as per data from Property Finder.

Read more “UAE Witnesses Surge in Property Ownership as Tenants Transition to Buyers”

General Enquiry

For general inquiry, complete the form and let us find perfect pick just for you!

At Royal Majestic, we’re dedicated to quickly delivering your best choice. Our commitment goes beyond fast results, ensuring your investment is both efficient and beneficial. In a world of ordinary opportunities, we’re here to offer you the extraordinary.

GET IN TOUCH

306,307,308, 3rd Floor,
Bldg. 8, Bay Square, Business Bay, Dubai, U.A.E

+971 4 44 94 200

Project Type

Newsletter

Get latest news & update

© 2023 – Royal Majestic. All rights reserved

GET IN TOUCH WITH US!

For a free real estate consultation, schedule a call with us today.