The Abu Dhabi Real Estate Center has announced the launch of ‘Madhmoon,’ the first multi-listing property services platform in Abu Dhabi. This initiative is a pioneering effort in the Gulf region and aims to provide a high level of transparency, efficiency, and trust within the real estate market for brokers, developers, and buyers. ‘Madhmoon’ serves...
Citi Developers, a prominent name in boutique high-end real estate, has announced the launch of AGUA, a new project located at Dubai Islands. This development is designed to offer more than just living spaces; it aims to provide a multi-sensory experience where architecture, innovation, and nature converge to create an extraordinary lifestyle. Building on the...
Alef, a leading real estate developer in the UAE, has awarded a contract worth AED 1.1 billion (approximately $299 million) to CC7 for the Al Mamsha Raseel project in Sharjah. This development is a significant part of the broader Al Mamsha Sharjah community, which will feature 11 buildings across the Darb and Nama clusters, providing...
The Dubai property market continues to thrive, and Palm Jebel Ali is now being recognized as one of the most exciting real estate opportunities globally. This development is appealing to investors seeking prime waterfront properties at early-stage prices. A recent report from fäm Properties indicates that Palm Jebel Ali, which has been revitalized in the...
Abu Dhabi’s real estate market is set to see the delivery of 38 700 new residential units by 2028, responding to a surge in demand for housing. The sector experienced a robust performance in 2024, recording 9 700 sales transactions valued at AED26 billion. This growth is expected to continue this year and beyond, driven...
Dubai’s real estate market has become increasingly attractive to Indian investors due to its strategic location and ongoing infrastructure developments. The demand for luxury properties has surged, with many Indians looking to invest in Dubai. Factors such as a favorable tax environment, modern infrastructure, and attractive rental yields have contributed to this growing interest. In...
The Real Estate Regulatory Agency (RERA), which is a subsidiary of the Dubai Land Department (DLD), has launched the ‘Tayseer’ initiative. This program is designed to make it easier for unit owners to pay their outstanding service fees, reflecting RERA’s commitment to enhancing global competitiveness and promoting community well-being. Under the ‘Tayseer’ initiative, unit owners...
Tern Rewards has introduced a groundbreaking digital rental payment and rewards platform in the UAE, transforming the real estate market. This innovative platform enables tenants to pay their rent via credit card while earning double rewards, thereby enhancing the interaction between tenants and landlords. The solution combines financial flexibility with advanced technology, providing a smarter,...
The UAE property market is gaining traction among foreign institutional investors, who previously viewed it as speculative and unstable. This shift in perception is largely due to the potential for substantial returns and the country’s dependable rule of law. For a long time, many investors dismissed the UAE real estate sector as merely a luxury...
Dubai has officially launched the pilot phase of its real estate tokenisation project, aiming to attract more investment into the property market. This initiative is designed to diversify ownership by enabling multiple investors to co-own a single property, which could open new avenues for investment in the real estate sector. The pilot project is part...