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Dubai’s luxury real estate market has hit another milestone with the sale of a prime residential plot on Jumeirah Bay Island for an astounding Dh182 million (around $50 million). Spanning 25,441 square feet, the plot was sold at Dh7,154 per square foot, making it one of the highest per-square-foot land deals in the city to…
Ras Al Khaimah’s real estate sector has experienced remarkable expansion over the past seven years, with transaction volumes skyrocketing by nearly 250 times (or 25,000%). The latest data from the Ras Al Khaimah Statistics Centre highlights the emirate’s rising prominence as a key real estate investment destination. In June 2024, the total value of real…
As the Dubai property market boom continues, Palm Jebel Ali is emerging as one of the most exciting real estate opportunities in the world, offering global investors a chance to secure prime waterfront assets at early-stage prices. A market report on Tuesday says the iconic Palm Jebel Ali development, making a spectacular comeback after being…
To help Dubai property owners struggling with overdue service fees, the Real Estate Regulatory Agency (RERA) has launched the Tayseer initiative. This program provides flexible payment plans for unit owners, with a minimum term of six months, in partnership with jointly owned property (JOP) management companies. The goal is to make it easier for owners…
