Sobha Realty has launched a major new development on Dubai’s Sheikh Zayed Road, unveiling plans for a self-contained, mixed-use project featuring six towers, high-street retail, green parks, and premium office space. Dubbed Sobha Central, the landmark project will feature 1,225 new one- and two-bedroom residences housed within its first tower, The Horizon, due for completion in December 2029. Sobha...
Dubai Holding is going for an IPO to launch its Real Estate Investment Trust (REIT) fund. The REIT will be a Sharia-compliant and represents a major development from one of Dubai's biggest names in the real estate development and investment space, with the likes of Nakheel, Meydan and Meraas in its fold. The IPO will be in the form of wholly-owned subsidiary Dubai Residential...
As part of a strategic move to enhance Dubai’s position as a global leader in real estate investment, Dubai Land Department (DLD), in collaboration with Q4 Consultants and IIFL Group, organised the ‘Dubai Real Estate Connect’ initiative in the Indian capital, New Delhi. The event was held in the presence of His Excellency Dr Abdul Nasser Al Shaali, UAE Ambassador to the Republic of India, and...
Ras Al Khaimah (RAK), once a tranquil emirate, has rapidly emerged as a dynamic real estate hotspot in the UAE. In 2024, the emirate's real estate transactions surged to AED 15.08 billion, marking a 118% increase from the previous year. The Demand-Supply Imbalance Despite new developments, RAK faces a significant housing shortage. In 2024, only 318 units were completed in Marina Residence at Al Hamra...
As U.S. President Donald Trump reintroduces sweeping tariffs in 2025, global markets are reacting with volatility. While the United Arab Emirates (UAE) isn't directly targeted by these tariffs, the ripple effects could influence various sectors, including real estate. This article explores the potential implications of Trump's tariff policies on the UAE's property market. Direct Impact: Limited...
Dubai: The UAE Ministry of Finance has announced new regulations for Qualifying Investment Funds (QIFs) and Qualifying Limited Partnerships to boost economic growth by attracting more investments. Preferential Tax treatment for investors Investors in QIFs will benefit from a favorable tax regime, with income exempt from UAE Corporate Tax as long as the real estate asset...
The Palm Jebel Ali project has been revived after years of quiet Construction activity on Palm Jebel Ali is picking up dramatically as developers look to make it the next big luxury location. This is according to real estate agency fäm Properties in a recent report. The Palm Jebel Ali project has been revived after years of quiet. Construction began on the project back in 2002 and it was...
The United Arab Emirates (UAE) is at the forefront of integrating blockchain technology into its real estate sector, with tokenization emerging as a transformative force. This innovative approach is redefining property investment by enhancing accessibility, liquidity, and efficiency. (Medium+3Foundico.com+3On The Node+3) Understanding Real Estate Tokenization Tokenization involves converting...
Dubai’s real estate market experienced significant growth in 2024, with residential property values increasing by 19.1% over the past year, reaching AED 1,685 per square foot, as reported by global property consultancy Knight Frank. This puts the average price 13.3% higher than the 2014 peak. Villa prices saw even stronger growth, rising by 20.2% to AED 2,009 per square foot—38.1% above their 2014...
Dubai’s luxury real estate market has long been a magnet for global investors, but in recent years, Chinese and Russian buyers have emerged as dominant forces. According to Elite Merit Real Estate analytics, these two nationalities are set to account for 30% of all real estate purchases in Dubai by 2025, further solidifying their influence in the market. A Surge in Investment in 2024 The influx of...
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