Alef Group, a prominent real estate developer in Sharjah, made waves at the ACRES 2025 Sharjah Real Estate Exhibition by signing 1,006 sales and purchase agreements worth AED 1.37 billion. The four-day event, held at the Sharjah Expo Centre, highlighted the growing demand for Alef Group’s community-focused developments. The company introduced its latest project, Al...
Tag: property market
Abu Dhabi Real Estate Attracts 125% More Foreign Investments in 2024
Abu Dhabi’s real estate market experienced a remarkable surge in foreign direct investments (FDIs) last year, with a 125% increase compared to 2023. The Abu Dhabi Real Estate Centre (ADREC) reported that the sector attracted over AED 7.86 billion ($2.14 billion) in FDIs during 2024. The investments came from 2,302 investors representing 105 countries, including...
Dubai Real Estate Hits Record Numbers in 2024
Dubai’s real estate market achieved extraordinary milestones in 2024, with a record-breaking 2.78 million transactions, including property and plot deals as well as rental agreements. This marked a 17% increase compared to 2023, highlighting the sector’s continued growth. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister...
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...
Dubai Land Department Opens Freehold Ownership in Key Areas
The Dubai Land Department (DLD) has announced a new initiative allowing private property owners in parts of Sheikh Zayed Road and Al Jaddaf to convert their properties to freehold ownership. This move is expected to boost the appeal of these locations, attract fresh investments, and enhance property values in the areas. A total of 457...
ACRES 2025 to Host Record-Breaking 110 Exhibitors in Sharjah
Sharjah is gearing up for its biggest real estate event yet, as the ACRES 2025 exhibition prepares to welcome over 110 exhibitors. Organised by the Sharjah Chamber of Commerce and Industry (SCCI) in collaboration with the Sharjah Real Estate Registration Department (SRERD), the event will run from January 22 to 25 at Expo Centre Sharjah....
Sharjah’s ACRES 2025 to Host Record-Breaking 110+ Exhibitors
The 2025 edition of the Sharjah Real Estate Exhibition – ACRES is set to be its biggest yet, with over 110 exhibitors confirmed, including top property developers and first-time participants. Organized by the Sharjah Chamber of Commerce and Industry (SCCI) and the Sharjah Real Estate Registration Department (SRERD), the event will be held at Expo...