Published: Mon 6 Nov 2023, 2:23 PMLast updated: Tue 7 Nov 2023, 12:14 PMExperience the perfect blend of luxury living and robust investment potential, nestled in the heart of the United Arab Emirates.The UAE, renowned globally for its breathtaking architecture and booming real estate, is the ultimate destination for discerning investors.Now, a promising new venture is on the horizon. Less than an hour...
The 64-storey Wasl Tower is set to be one of the world's tallest buildings to use ceramic fins as a renewable means to achieve energy efficiency, amid preparations to host the upcoming global climate summit COP 28 in the UAE.Aligned with the Year of Sustainability being marked by the UAE this year, the new building further enhances Dubai's credentials as a global leader in adopting state-of-the-art...
Published: Wed 8 Nov 2023, 5:21 PMResidential transactions in Dubai during the first 10 months of 2023 surpassed last year’s record total transactions, underscoring the sustained demand surge for secondary market and off-plan properties from both overseas investors and new migrants.A total of 93,590 residential transactions were recorded outstripping the 2022 full-year total of 92,178, which was the...
Published: Thu 16 Nov 2023, 11:48 PMCiti Developers has announced the launch of Aveline Residences. Aveline Residences is an exquisite collection of 263 apartments located in the heart of Jumeirah Village Circle. Scheduled for handover in Q2 2026, the project offers a variety of unit types catering to different lifestyles including studios,1, 2 and 3 bedroom apartments, ranging from 453.70 sq. ft to...
Published: Sun 19 Nov 2023, 1:37 PMLast updated: Mon 20 Nov 2023, 9:45 AMThe upward trend in Dubai’s ultra-luxury residential property prices continues as demand remains unabated with a new penthouse on Palm Jumeirah selling for a record Dh500 million.Spread over 21,949 square feet, the five-bedroom Como Residences penthouse is equipped with a home automation system and exclusive access via a private...
Published: Tue 14 Nov 2023, 8:00 AMDubai’s real estate market is likely to cool down next year as prices decelerate, a new report shows.According to a report by S&P Global, the sector is likely to expand by five to seven per cent next year. “We don’t expect a profound market disruption. Instead, we think price increases could decelerate and potentially slightly reverse over the next 12-18...