Thursday , 28 May 2026

Real Estate

Real Estate Expert: Successful Property Investment Depends on a Long-Term Vision

GULF TIME Real estate expert Sherouk Youssef emphasized that focusing solely on price when purchasing property is one of the most common mistakes investors make. She explained that the cheapest property is not necessarily the best or most profitable option in the long run, especially amid the rapid developments currently shaping the real estate sector across the region. She noted …

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RECHITTA LAUNCHES TO TRANSFORM HOW DUBAI REAL ESTATE IS DISCOVERED AND SOLD GLOBALLY

GULF TIME At its first — and last — in-person press briefing, Rechitta was unveiled as a new AI-powered communication layer for Dubai’s real estate market. Built specifically for developers, brokers and buyers, Rechitta aims to help the industry manage increasing demand with greater speed, consistency, transparency, and accuracy. Rechitta is designed to provide real-time responses on pricing, inventory, payment …

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ELEVATE ANNOUNCES AED 127.5M TRANSACTION AT MONDRIAN AL MARJAN ISLAND AS SUPPLY TIGHTENS

GULF TIME ELEVATE, the visionary lifestyle real estate brand behind Mondrian Al Marjan Island Beach Residences, developed in partnership with globally recognised lifestyle hospitality company Ennismore, has announced a landmark transaction exceeding AED 127.5 million at the project, underscoring the extraordinary demand for premium branded beachfront residences on Al Marjan Island. The transaction was made by THRIVESTATE Square Real Estate, …

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Mohamed Abu Alnaga: Dubai’s Real Estate Drivers Strengthen Buying, Investment and Long-Term Living Decisions

GULF TIME Mohamed Abu Alnaga, Chairman of Abu Alnaga Developments, said Dubai’s real estate sector continues to reinforce its position as one of the most attractive markets in the region, not only because of transaction momentum and project diversity, but also due to an integrated ecosystem of drivers that make buying, investing and living in the emirate a clearer, more …

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New Expansion in Dubai’s Real Estate Market: Newbury Launches “Chapter” Series Amid Sustained Investment Momentum

GULF TIME As Dubai’s real estate sector continues to post record levels of activity, Newbury Developments has announced the launch of its new residential project series, “Chapter,” in a move that reflects developers’ growing appetite for expansion within the UAE property market, amid rising demand for modern mid-market housing in emerging districts. The first project under the new series is …

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Boli.ae Launches UAE’s First Fully Digital Property Auction, Closing Elite City Walk Asset Within 7 Days

DUBAI / GULF TIME Boli.ae, the UAE’s digital property auction platform, has announced the successful completion of its inaugural digital real estate auction, marking a major shift in how property transactions are conducted in Dubai. The platform enabled the sale of a premium two-bedroom residence in City Walk within just one week, reinforcing a faster, more transparent alternative to traditional …

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Dubai Real Estate Market Maintains Momentum Amid More Selective Buyer Behaviour

GULF TIME Dubai’s real estate market is showing signs of a more mature and selective phase, with demand remaining strongest across established villa communities backed by end-users and investors, including Dubai Hills Estate, Palm Jumeirah, Jumeirah Golf Estates, Arabian Ranches and Al Furjan. In these areas, negotiation margins remain narrow due to limited supply and sustained buyer interest. On the …

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Grovy Developers signs with Wyndham to bring Ramada Residences to Dubai Islands

DUBAI / GULF TIME Grovy Developers, an award-winning real estate developer in Dubai, has partnered with Wyndham Hotels & Resorts, one of the world’s largest hotel franchising companies, to launch Ramada Residences by Wyndham at Dubai Islands, in partnership with USquare as development partner. The agreement was formally signed at a full-house event attended by senior leadership from all three …

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Symbolic Developments offers Jetour T2 with every Zen Residences home in May

DUBAI/GULF TIME Symbolic Developments, in partnership with Elite Group Holding, the UAE distributor of Jetour, has introduced a new offering for buyers of its Symbolic Zen Residences project in Al Furjan. Under this initiative, customers purchasing a home between May 1 and May 31, 2026, will receive a Jetour T2 SUV with their purchase. The initiative was announced following a …

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