Dubai Holding has garnered $15 billion in orders for its $584 million initial public offering (IPO) of the Dubai Residential Real Estate Investment Trust (REIT). This strong demand marks a significant indication of investor interest in Dubai’s thriving property market. The investment firm, owned by Dubai’s ruler, increased the size of its offering earlier this...
Dubai’s first initial public offering (IPO) of 2025, the Dubai Residential REIT, has been priced at Dh1.1 per unit. This pricing establishes an initial market capitalization of Dh14.3 billion and offers a gross dividend yield of 7.7% for the year 2025. The REIT is set to distribute Dh1.1 billion as dividends this year. The demand...
The Dubai real estate market is set to receive a significant influx of USD 10.3 billion in private capital, reflecting its robust growth according to a report from global property consultancy Knight Frank. This influx indicates a strong interest from global investors in Dubai’s residential real estate sector. The report, which analyzes insights from 387...
DAMAC Properties has launched the Middle East’s first fully experiential e-commerce property website, aiming to transform real estate transactions through technology, transparency, and immersive engagement. This innovative digital platform allows investors to experience the complete lifecycle of their investments, while also providing agents with deeper insights into their customers’ purchasing journeys. The new website enables...
Abu Dhabi-based alternative investment manager Lunate is collaborating with Brookfield Asset Management, a firm listed on the New York Stock Exchange, to establish a joint venture worth $1 billion. This new partnership aims to develop build-to-sell residential properties throughout the Middle East. The joint venture signifies a strategic move in the real estate sector, emphasizing...
Abu Dhabi alternative investment manager Lunate is establishing a $1 billion joint venture with Brookfield focused on residential real estate in the Middle East. This announcement was made in a statement on Tuesday, outlining the venture’s aim to develop high-quality build-to-sell and opportunistic buy-to-sell residential assets across the UAE, Saudi Arabia, and other regional markets....
Hamdan bin Mohammed, the Crown Prince of Dubai, has directed the establishment of the “Dubai PropTech Hub.” This initiative aims to enhance Dubai’s status as a global leader in real estate innovation. The Hub is designed to significantly increase the size of the PropTech market in the region. The initiative’s goal is to more than...
Goa, known for its sun-drenched beaches, rich heritage, and cosmopolitan vibe, has long been a favorite destination for global travelers. Currently, it is also attracting savvy investors who are keen on the booming real estate market. This dual appeal is showcased at the ongoing UAE-India Property Show, hosted by Gulf News and Maxpo Exhibitions at...
Land saturation in Dubai is prompting developers to focus on peripheral areas for new property projects. According to a report by Savills, the trend involves the introduction of smaller villas and townhouses. This shift aims to better meet end-user demand while addressing affordability constraints in the competitive real estate market. The report highlights that the...
Design and construction leader DMDC has announced a new partnership with OCTA Properties to create three distinctive mansions. This collaboration aims to enhance the luxury real estate market with unique architectural designs that cater to elite clientele. The partnership highlights DMDC’s commitment to innovative design and construction, emphasizing their expertise in the real estate sector....