DUBAI/WAM Dubai’s real estate sector recorded a total of 2.78 million procedures in 2024, the highest in its history. The record number of procedures, which include both real estate transactions and rental agreements, represent a 17 percent increase compared to 2023. Real estate transactions alone totalled 226,000, with a combined value of AED761 billion, a remarkable 36 percent growth in ...
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“Andalusia Group” acquires a plot of land in Majan to launch its residential project worth AED 175 million
DUBAI/GULF TIME Andalusia Group, the pioneering real estate developing company in Dubai, proudly announced the acquisition of a prime plot in Majan, Dubai, as part of its visionary expansion into the city’s burgeoning real estate market. This strategic move comes following the announcement of their Bottega project and aligns perfectly with Dubai’s ambitious growth plans, promising significant opportunities in a ...
Read More »Elysian Developments Embarks on a Transformative Journey with launch of Esmé Beach Residences Valued at AED370 million
DUBAI/GULF TIME After more than 18 years of distinguished success in Dubai’s real estate sector, Elysian Developments has made a bold entry into property development with the launch of its inaugural project, Esmé Beach Residences. Unveiled under the shadows of the iconic Museum of the Future – the beautiful venue was hand-picked by the founders to showcase their debut contribution ...
Read More »UAE real estate sees growth in projects, record deals in 2024
ABU DHABI/WAM The UAE’s real estate sector maintained its growth momentum throughout 2024, marked by an increase in real estate projects and infrastructure investments, reinforcing its position as a key pillar of the country’s economic growth. The vibrant real estate markets across the emirates underscored the UAE’s status as a global hub for property investments and an attractive destination for ...
Read More »Bloom Holding Wins Best Mixed-Use, Best Residential, and Best Apartment Condominium Development in Abu Dhabi with Arabian Property Awards
ABU DHABI/GULF TIME Bloom Holding, one of the UAE’s foremost real estate development companies, has received three awards at the 2024 Arabian Property Awards for its fully integrated and all-inclusive project in Abu Dhabi, Bloom Living. This significant achievement marks the third consecutive year that Bloom Holding has been recognized by the Arabian Property Awards, highlighting the company’s dedication to developing premium communities that ...
Read More »HRE Development and One Broker Group Announce Complete Sell-Out of Skyhills Residences 2, Valued at over AED 650 Million within two months
DUBAI/GULF TIME HRE Development and One Broker Group have announced the successful sell-out of Skyhills Residences 2 in Jumeirah Village Circle (JVC), representing a significant milestone with a project valuation exceeding AED 650 million. This achievement underscores their continued success in delivering high-value real estate developments in Dubai’s competitive market. Skyhills Residences 2 offered fully furnished modern apartments, ranging from ...
Read More »Danube Properties fulfils another promise, delivers iconic project Gemz 5 months ahead of schedule
DUBAI / GULF TIME Danube Properties, the fastest-growing property developer in Dubai, has maintained its tradition of delivering projects ahead of schedule by handing over Gemz by Danube, five months ahead of schedule. On November 14, a prestigious ceremony was held in Al Furjan at Gemz by Danube to start the handover of keys to proud homeowners, in recognition of ...
Read More »Al Seeb Developers Announces Launch of Royal Regency Suites in Business Bay, Valued at AED 500 Million
DUBAI/GULF TIME For over three decades, Al Seeb Developers has been synonymous with quality, expertise, and value in the UAE’s real estate landscape. A part of the reputed Al Safeer Group, Al Seeb’s portfolio spans across residential properties, hotels, shopping malls, and commercial spaces. A name synonymous with luxury and quality in real estate, Al Seeb Developers, is now pleased ...
Read More »Aldar redevelops Al Hamra Mall in Ras Al Khaimah
ABU DHABI / WAM Aldar Properties (Aldar) on Thursday announced the successful completion of the redevelopment of Al Hamra Mall in Ras Al Khaimah. The project enhances the mall’s status as a central hub for retail and dining in the emirate and is part of Aldar’s AED1 billion investment plan in key retail destinations. Situated in the heart of Al ...
Read More »Danube Home sets up the largest home interior & outdoor solutions showroom in Musaffah Abu Dhabi
DUBAI/GULF TIME Danube Home, the largest interior décor and home improvement products retailer in the Middle East, on Thursday unveiled its biggest showroom in Musaffah Abu Dhabi, sprawling over 120,000 square feet , that will cater to a wider residential community and help existing homeowners to source better products to match their lifestyle. It is by far the biggest showroom ...
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