Real estate developer Al Hamra has announced the completion and handover of Al Hamra Marina Residences in Ras Al Khaimah, a residential project within Al Hamra Village. This marks a key milestone in the company’s five-year strategy, which also includes the Falcon Island project, set for handover next year.
Acube Developments has unveiled Vega, a 23-storey residential development in Dubai Sports City. Named after the brightest star in the Lyra constellation, the project combines luxury, nature, and cutting-edge technology.
Investing in real estate can be one of the most rewarding decisions you’ll make, offering the potential for steady returns and long-term growth. But not every deal is as promising as it seems.
Dubai real estate developer Andalusia Group has launched Bottega Nove Premium Residences, an Italian-inspired luxury development valued at $57.2m. The project, located in the Majan area of Dubailand, is set to feature nine floors crafted from Italian materials, blending sophisticated design with luxurious finishes.
Dubai Holding Real Estate’s Meydan has awarded a $144m contract to Bhatia General Contracting for the construction of Naya at District One.
The launch of Crypto Tower in Dubai’s Jumeirah Lakes Towers (JLT) marks a significant step in supporting the city’s growing blockchain, DeFi, and Web3 industries.
With buyers increasingly looking beyond their home borders for property investments, securing a mortgage in a foreign market is a common goal—and sometimes, a common point of uncertainty.
Dubai Municipality has awarded contracts for the second phase of the Al Mamzar Beach Development Project. Spanning 125,000 sq. metres, it is expected to be completed by the end of 2025 with a total cost of $108m.
Dubai’s real estate sector has achieved a historic milestone in 2024, with a record 180,900 transactions totalling $142bn. This marks a 36% increase in transaction volume and a 27% rise in value compared to the previous high of 133,100 sales worth $111bn in 2023.
Dubai Land Department (DLD) has unveiled plans to introduce its Smart Rental Index in January 2025, a cutting-edge initiative designed to revolutionise the emirate’s real estate sector.
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