The Dubai property boom will continue to drive house prices up by 8% in 2025, underpinned by a shortage in supply, according to a new report by property consultancy Knight Frank. The ‘Dubai Residential Market Review: Special Edition’ study reveals that house prices across the emirate currently stand 19.9% higher than the same time last year, “evidenced by the surge in property transactions throughout 2024.” In Q3 2024, the number of transactions reached 47,269, the highest quarterly figure on record, Knight Frank said, indicating a 41.8% increase compared to the same period in 2023. The total value of deals between January and September 2024 exceeded 306.3 billion UAE dirhams ($83.4 billion), with a 36% increase over the same period in 2023. In Q3 alone, sales…

UAE - ONE Development, a boutique real estate developer with offices in Abu Dhabi and Dubai, has announced the complete sell-out of Phase One of its flagship project, Laguna Residence, within less than a month of its launch. The milestone reflects strong investor confidence in Dubai’s real estate market and the innovative appeal of the project. Located in the heart of Dubai’s City of Arabia, Laguna Residence is the UAE’s first AI-integrated residential community. The development features the region’s first sandy beach lagoon on a podium surrounded by landscaped greenery. The project offers a variety of units, including studios, three-bedroom apartments, duplexes, and ‘Skyhomes’, all with panoramic views of the Dubai skyline. Residents will…

Saeed Tarrad Development, a Dubai-based real estate developer, announced the launch of the Mackerel Tower, their latest pioneering project, to set a new standard for luxury living style.  The project, in the Dubai Islands, will be built in a strategic location in one of the most attractive destinations for real estate investment in the Emirate of Dubai. Mackerel offers a wide and unique range, as it is the first project in Dubai to include a 600-meter indoor jogging track, in addition to a variety of luxury services and facilities, such as health clubs, swimming pools, and children's play areas.   Ninety per cent of the units in Mackerel, which enjoys panoramic views of the Arabian Gulf, has been sold out shortly after its launch, as the Dubai Islands area is an attractive…

DUBAI: Dubai South Properties has announced the sell out of South Living Tower, its luxury apartment development at The Residential District in Dubai South. Construction for the project is already underway, following the appointment of the main contractor in September. Expected to be completed by Q1 2027, the project will feature 209 spacious units, including studios, 1-, 2-, and 3-bedroom apartments, as well as special-terraced units, offering a mix of indoor and outdoor living experiences. Project amenities include a swimming pool and deck area, state-of-the-art gymnasium, sauna, a versatile multi-purpose room, a kids’ library, a yoga deck, BBQ area, gazebo seating area, and artistically landscaped elevated gardens offering an oasis of comfort and luxury. Nabil Al Kindi, CEO of…

UAE-based Almal Real Estate Development said it has completed work on the first residential unit within its exclusive luxury villa collection, Harrisoni La Mer in Jumeirah, Dubai. Nestled in the Jumeirah 1 neighbourhood on La Mer South, the Harrisoni La Mer Villas by Almal Real Estate Development epitomise oceanfront opulence, creating a new level of privacy, comfort, and pure indulgence, said the Emirati developer in a statement. Set within La Mer Maison, a private gated community just 100m from Dubai shoreline, each of these fully furnished five-bedroom villas boasts two service bedrooms, thus redefine luxury living. Designed by XBD Collective, each villa is inspired by Miami-style architecture, embodying the essence of a serene, sun-drenched lifestyle, with hints of Arabic…

UAE-based group K-Mavins has announced that it has successfully handed over its luxurious residential project, Terrases Marassi Drive, located in Dubai's Business Bay. An AED400 million ($109 million) project, Terrases Marassi Drive features a range of unique amenities developed with the highest standards of quality and luxury in addition to the stunning views of Dubai Canal and Burj Khalifa. These include private pools, a fully equipped fitness centre, oxygen rooms, Himalayan salt rooms and ice rooms. Speaking on the occasion, K-Mavins Group Chairman Munther Al Ali said its investments in the UAE have reached nearly AED1 billion ($272 million) over the past three years, reflecting the increasing confidence in Dubai's real estate market. "Dubai’s real estate market has…

UAE - MAG Group Holding, the multinational conglomerate, has announced its portfolio of current and under development projects across its different real estate subsidiaries has reached AED 43.7 billion ($11.9 billion). MAG Group Holding’s real estate subsidiaries include MAG Lifestyle Development, Keturah, Invest Group Overseas (IGO), MBL, Shoumous, Art of Living Mall and MAG Leasing for warehouses. Moafaq Al Gaddah, Founder and Chairman of MAG Group Holding, said: "The UAE's real estate sector is witnessing unprecedented demand, driven by the strategic vision and initiatives of our wise leadership. The government’s ongoing efforts to foster a favourable investment climate have made the UAE a preferred investment destination for global investors. We take pride in our…

Pinnacle Developers has partnered with Devmark, a premier real estate project sales and marketing consultancy in UAE, to launch Vitalia Palm Jumeirah Residences, an exclusive waterfront development on the prestigious shores of Palm Jumeirah. Located on the East Crescent of Palm Jumeirah, Vitalia rises nine stories and features 45 exquisite residences, ranging from spacious two- and three-bedroom apartments to lavish four-bedroom duplexes and penthouses. As per the deal, Devmark will be the master agent for the sales and marketing of the project, which embodies the Italian art of ‘La Dolce Vita’—the good life—through its sophisticated design and stunning vistas towards the Arabian Gulf. Crafted by Model, the architects behind this stunning project, and featuring…

Marjan, the master developer of freehold properties in Ras Al Khaimah, has partnered with Ras Al Khaimah Economic Zone (Rakez) to develop RAK Central HQ Office Complex at its upcoming progressive mixed-use destination, RAK Central, in the northern emirate. RAK Central HQ consists of five sustainable office buildings, to be completed by the last quarter of 2026. Spread over 435,000 sq ft, the upcoming RAK Central HQ Office Complex offers over 800,000 sq ft of innovative workspace with open floor plans and terrace seating areas to enhance productivity and well-being. According to Marjan, the LEED Gold certified towers will serve as the headquarters of several key entities including Rakez, Marjan, RAK Hospitality Holding, Al Hamra and Ras Al Khaimah Tourism Development…

Dubai’s reputation as a hub for luxury real estate continues to grow, attracting global icons like Brazilian football star Neymar Jr. who recently acquired an AED 200 million high-end penthouse in the ultra-luxurious Bugatti Residences by Binghatti, the world's first and only Bugatti-branded residences. As one of Dubai’s most exclusive and highly sought after residences, Bugatti Residences features Business Bay’s first ever French Riviera inspired private beach. Paying homage to Bugatti’s pursuit of creating the incomparable, the ultra-luxury residential project also features a plethora of amenities that boast highly sophisticated design and technical feats including a private car elevator, allowing a number of penthouse owners to park their automobiles in their…

UAE -  Kasco Developments – the latest venture of the Kasco Group – has launched ONDA, its newest residential project located in the Business Bay district of Dubai. With an investment exceeding AED 500 million ($136 million), ONDA is set to redefine urban living by prioritising wellness and community engagement, aligning with Kasco’s vision to inspire and elevate lifestyles. As part of Kasco Developments’ ambitious pipeline, which aims to deliver 1 million sqft residential space by 2025. This exclusive 23-floor freehold community features 348 thoughtfully designed residences, including 85 studios, 190 one-bedroom plus apartments, 69 two-bedroom units, and four luxurious three-bedroom penthouses, all crafted with an emphasis on spaciousness, warmth and…

  Nakheel, a member of Dubai Holding’s pioneering real estate arm Dubai Holding Real Estate, today announced the highly anticipated release of its latest luxury residences at Palm Jebel Ali: The Beach Collection – an exclusive collection of 10 bespoke beach villa styles. Crafted by world-leading architects, this latest release brings to market a new level of elegance in the heart of Dubai's most coveted island destination. Situated on prime beachfront locations along the fronds of Palm Jebel Ali, these five- and six- bedroom villas, ranging from 7,300 sq ft to 8,500 sq ft, offer unparalleled privacy and exclusivity. Residents will enjoy direct private beach access, seamlessly blending luxury living with breathtaking coastal beauty. The Beach Collection showcases 10…