Fäm Properties, the Dubai-based real estate group, has announced that its digital real estate market data platform at Dubai DXBInteract has been linked to ChatGPT and Claude’s artificial intelligence platforms, enabling buyers, investors and brokers to compare real estate prices in Dubai with actual deals, inquire about rents, revenue and records of delivery of real estate projects in Dubai.According to the company, the currently available service allows the platform to be added to ChatGPT or Cloud via a dedicated linking tool, then login and ask questions in a simplified language. The answers are based on the market data available to the platform, including analyses derived from Dubai Land Department’s records.Uses include comparing the required price for an apartment…
Dubai Real Estate
The value of real estate transactions in the Dubai Land Department during the current week amounted to more than 10 billion dirhams, as the department witnessed the registration of 2398 sales worth 6.4 billion dirhams, including 168 sales of land worth 1.26 billion dirhams, and 2230 sales of apartments and villas worth 5.14 billion dirhams, according to the Emirates News Agency.The most important sales of land were recorded at 116 million dirhams in the second Umm Suqeim area, followed by a sale of 79 million dirhams in the Al-Satwa area, followed by a sale of 70 million dirhams in the fourth thunai area, and the fifth Al-Habiba area topped the regions in terms of the number of sales, as it recorded 68 sales worth 198 million dirhams, followed by the fourth Al-Habiba area with 26 sales…
The Order of Brede and Paula Gamberil announced the launch of Bridgehouse BRDG House in Dubai, which specializes in real estate development, marketing and sales management, to provide services to real estate developers, investors, investment funds and landowners.The company’s services include evaluating development opportunities, preparing project strategies, determining the specifications of real estate products and their competitive location, building brands, managing marketing and sales operations, and following up on the implementation of projects and their delivery.According to a recent press release, the two founders led and supervised the development, marketing and sales activities worth more than $8.17 billion (AED 30 billion) in multiple markets.Bridgehouse relies on…
The flexibility of payment, contract terms and maintenance services are increasingly important in attracting tenants in the residential rental market in Dubai, in addition to the value of the rent, the location of the property and its specifications, according to a press release issued by Takeem platform, which specializes in real estate technology.The platform said that tenants tend to compare the options available before renewing their contracts, while giving more attention to the dates of payments, incentives and services associated with leasing. It considers that these factors lead the landlords to enhance the attractiveness of their offers on more flexible terms, while maintaining the regularity of their rental income.Based on an analysis by Takem of rental registration data at the…
Dubai-based Meraki Developers has announced its intention to launch a mixed-use project in Dubai South in November 2026, coinciding with the expansion of its portfolio of projects under development in the emirate to seven projects worth nearly $1 billion and about 2,400 residential units under construction.The move is part of the expansion of the Meraki Group, which is based in the UAE and Singapore and operates in the real estate, construction and education sectors.New project in Dubai SouthAjay Rajandran, founder and chairman of Miraki Group, said that Dubai’s entry into the South represents a new step in the group’s growth, pointing out that the company sees opportunities in the region, supported by the development of infrastructure, connectivity networks and the growth of…
Deyaar Development reported a 27 per cent increase in profit before tax to Dh541.5 million in the first nine months of 2026, supported by continued property handovers and stronger profit margins despite slower revenue growth The company’s profit before tax rose from Dh425.7 million during the same period last year, while revenue increased 5 per cent to Dh1.52 billion, compared with Dh1.45 billion a year earlier. With profit growth outpacing revenue, Deyaar’s profit before tax margin widened to 35.6 per cent from 29.4 per cent, reflecting what the company described as efficient project execution and disciplined cost management. The developer also reported stronger earnings in the third quarter, with profit before tax rising 29 per cent to Dh205.4 million, compared with…
Anan Investment Holding Company, listed on the Abu Dhabi Securities Exchange, has announced the delivery of more than 500 plots of land in its Arabian Hills real estate project, ahead of schedules set in the approved schedules. The company said that the deliveries reflect the progress made in the development and infrastructure of the project, noting that it is continuing to implement its operational plans to accelerate the pace of delivery, aiming to deliver more than 1000 plots of land before the end of 2026, in a statement today. She pointed out that this progress comes within the framework of the transition of the Arabian Hills project from the stages of development to the stages of actual delivery, supporting the growth of the company’s business in the coming…
Aldar Group, listed on the Abu Dhabi Securities Exchange (ADX) and Abu Dhabi Islamic Bank (ADIB), has announced the launch of two shared Visa Infinite and Visa Platinum (PIS) co-branded cards that allow customers to benefit from exclusive rewards and benefits across the portfolio of the diverse portfolio of real estate, educational institutions, shopping, hospitality and leisure destinations, in a move that aims to enhance the value that customers receive for their daily spending.According to a company statement, the two cards are linked to Aldar Group’s Digital Loyalty Program, which gives their holders the opportunity to recover up to 10% of the value of eligible spending in the form of reward points at the malls, hotels, golf courses, restaurants and participating leisure…
Visitors to Dubai can now stand on glass ledges extending into open air above the Palm. The View Palm Jumeirah has unveiled The Ledge at The View, a new adventure experience that invites guests to step beyond the observation deck and out into the sky The experience has eight glass ledges, each extending 1.5 metres past the viewing deck. Four face the fronds and crescent of Palm Jumeirah against the Arabian Gulf. The other four look towards Dubai's skyline. Guests can gaze at the horizon or look straight down through the glass beneath their feet The view changes through the day, from bright blue skies to golden light at sunset and a glittering cityscape after dark. The ledges also give visitors a spot to strike a pose and capture a memorable photo. The launch marks five years since The…
Dubai recorded 86 residential transactions worth $10 million or more in the third quarter of 2026, including 13 above $25 million, according to new analysis from global property consultancy Knight Frank. Sales between July and September totalled Dh5.77 billion ($1.57 billion). That lifts the number of qualifying deals in the first nine months of the year to 412, up from 357 in the same period last year, with a combined value of about $6.67 billion. Third-quarter volumes were 34 per cent below the 131 sales recorded in Q2 and lower than the 103 registered in Q3 2025. Faisal Durrani, partner and head of research, Mena, at Knight Frank, said the luxury market has continued to see high sales volumes “despite the exceptional geopolitical backdrop across the region”, although…
The new residential supply in Dubai saw an increase in completed real estate units, with 12,382 new residential units completed during the third quarter of 2026, a growth of 31% compared to the same period last year, according to an analysis published by the real estate brokerage company Allsop & Allsop, based on data from the Dubai Land Department.The completion of these projects reflects the entry of new residential units into the emirate’s real estate supply, providing additional options for buyers and tenants in areas where there is increased development activity.The report pointed out that the increase in the number of completed housing units in Dubai contributes to the expansion of the options available in the rental and resale market, with the impact of the new supply…
The value of residential real estate sales in Abu Dhabi amounted to about $5.85 billion (AED 21.5 billion) during the third quarter of 2026, an increase of 32% compared to the same period last year, despite the decline in the number of deals, according to a report issued by the real estate consultancy and services company "Savills".The market recorded 6,085 residential deals during the third quarter, down 19% compared to the second quarter and 7% year-on-year. The company attributed the increase in the value of annual sales, despite the decline in the number of deals, to the continued demand for the most valuable properties.Sales on the map accounted for 81% of the total number of residential deals, while the average value of the deal on the map was about $1.36 million (AED 5 million), an…