Real Estate - Page 14

Dubai launched 250 real estate projects worth AED75 billion in last 5 months

Dubai’s real estate market has maintained strong momentum in project launches since the beginning of 2026, demonstrating remarkable resilience despite the regional and geopolitical tensions witnessed across the region since late February. According to data released by the Dubai Land Department, approximately

June 1, 2026

News·Real Estate

Ras Al Khaimah: Real Estate Sales Value Surpasses AED 6 Billion (+85%) in 2024

The value of real estate sales in Ras Al Khaimah surged by 85% year-on-year in 2024, reaching over AED 6 billion through 2,985 transactions. The total value of real estate transactions recorded in the land and property sector at the Ras Al

February 23, 2025

News·Real Estate

Emaar Achieves Record Sales in 2024

Dubai – Emaar Properties, Dubai’s largest publicly listed developer by market capitalization, achieved a record-breaking AED70 billion ($19 billion) in sales for 2024, while total revenue reached AED36 billion, the company announced. The backlog of undelivered property sales surged to over AED110

February 23, 2025

News·Real Estate

The profits of UAE’s “Binghatti” surged by 152% to AED 1.83 billion.

Dubai – Binghatti Holding Limited, a leading luxury real estate developer in the UAE, reported a record-breaking profit of AED 1.83 billion for the year 2024, marking a 152% increase compared to AED 0.73 billion in 2023. In a statement released on

February 23, 2025

Real Estate

Dubai: New Requirements for Financing Mortgaged Properties.

The Dubai Land Department (DLD) has stated that if the land of a development project is mortgaged by a bank operating in the UAE, buyers and real estate investors must provide a “No Objection” letter issued by the concerned bank to obtain

January 28, 2025

Real Estate

Dubai Real Estate Achieves AED 437 Billion in Sales: A Record-Breaking 2024

Dubai continues to achieve exceptional milestones in the real estate sector, recording a new sales record of over AED 437 billion in the first 11 months of this year, reflecting a 33% growth compared to the same period last year. According to

November 26, 2024

Real Estate

The strong growth of Dubai’s economy calls for a diverse range of real estate projects.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Dubai Executive Council, emphasized that the robust growth of Dubai’s real estate sector reflects the city’s rapid development and its

November 26, 2024

Real Estate

12.8% increase in off-plan property sales in Dubai during July.

Property Monitor, a real estate data and research platform, revealed that Dubai’s real estate market recorded its highest levels in July, in terms of sales volume and mortgage loans, indicating that off-plan sales topped the emirate’s sales with no signs of slowing

August 15, 2024

Real Estate

Dubai Real Estate Soars: AED 13 Billion in Sales in Just One Week

In one week, total transactions in Dubai’s real estate market reached AED15 billion from 4,908 sales and mortgage transactions, according to data from the Dubai Land Department. Sales were about 13 billion dirhams from 4,060 deals. The “Airport City” area had the

August 10, 2024

Real Estate

Apartments account for 80% of Dubai real estate sales in H1, 2024.

According to data from the Dubai Land Department, the first half of 2024 saw a significant increase in residential property sales in Dubai, with 77,233 transactions recorded, marking a 33.5% year-on-year increase, and a total value of AED 227 billion, up 31%

August 9, 2024

Real Estate·News

Emaar Properties’ Profits Rise by 8% in the First Half

Emaar Properties, based in the UAE, announced today, Thursday, its quarterly financial results, achieving 5.34 billion dirhams (1.45 billion dollars) in profits attributable to shareholders in the first half, compared to 4.95 billion dirhams a year ago, an increase of 8%. Evolution

August 8, 2024

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Real Estate - Page 14