Red flags to watch out for when investing in real estate
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.
Opinion
Real Estate
Economy
News
Real Estate
Andalusia Group unveils $57m Dubai residences
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.
Economy
News
Real Estate
Meydan awards $144m for lagoon-side development
Dubai Holding Real Estate’s Meydan has awarded a $144m contract to Bhatia General Contracting for the construction of Naya at District One.
Economy
News
Real Estate
New DMCC Crypto Tower slated for Q1 2027
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.
Opinion
Real Estate
Living in the Gulf but purchasing abroad? Mortgage approval explained
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.
News
Real Estate
New phase of $108m Al Mamzar Beach project
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.
News
Real Estate
Dubai real estate market breaks key records
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.
News
Real Estate
Digital transformation in Dubai real estate
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.
News
Real Estate
UAE’s Seed Group in ‘hospitality tech’ joint venture
South Korean hospitality technology leader ONDA is expanding into the Middle East through a joint venture with UAE-based Seed Group. This move will leverage Seed Group’s regional networks to help establish ONDA’s presence in the growing MENA hospitality market.
News
Real Estate
Reportage Group hits $1.5bn in real estate sales
UAE real estate developer Reportage Group has announced sales of $1.5bn, a growth of 50% compared to 2023. The company’s portfolio spans 50 projects including 312 townhouse units in Abu Dhabi’s Reportage Village, Verdana’s new phase in Dubai, and the Najd project in Saudi Arabia.