The Dubai real estate sector recorded a significant total of AED17.73 billion ($4.8 billion) in transactions last week, as reported by the Land Department. This surge in activity highlights the ongoing vibrancy of the property market in the region. Sales transactions were the main contributor, amounting to AED13.22 billion ($3.6 billion), according to the data....
Tag: Palm Jumeirah
Gulf House Real Estate Developer Enters Dubai’s Luxury Real Estate Market
Dubai, UAE, April 22, 2025: Gulf House Real Estate Developer has officially announced its entrance into Dubai’s luxury real estate market, showcasing a vision aimed at creating iconic living experiences that redefine elegance and sophistication. The company plans to launch its flagship project, Olaia Residences, on Palm Jumeirah by the end of April. Gulf House...
OMNIYAT Dominates Dubai’s Ultra-Luxury Market with Over $800 Million in Sales
OMNIYAT Properties has solidified its position as a leader in Dubai’s ultra-luxury real estate market, securing AED2.94 billion ($800.4 million) in sales for 2024. According to Property Monitor, a UAE-based real estate market intelligence firm, the developer captured 37% of transactions in the exclusive $10 million-plus residential category. According to Economy Middle East, the company...


