Real Estate

10% to 15% of developments in Dubai will go to Emirati real estate brokers.

Dubai Land Department has partnerships with nine top developers to boost Emirati involvement in the property market. Dubai is moving to encourage more Emiratis to work as real estate brokers for developers launching soon-to-be projects. The Dubai Land Department (DLD) will look to assign between 10% and 15% of units to be sold by Emirati brokers during the first phase of a partnership with nine top...

In four hours, Dubai South Properties sells out the last phase of South Bay.

South Bay is a unique property located in the residential district of Dubai South. Its final phase sold out in just four hours after it was put on the market, according to Dubai South Properties. The tremendous demand for real estate in the area and the company’s strategic approach to project launches are reinforced by the fresh launch, which comes after all previously launched units across multiple...

Dubai’s luxury real estate is being absorbed by the ultra-wealthy as they hunt for better offers.

Dubai’s luxury real estate is being absorbed by the ultra-wealthy as they hunt for better offers. Discover how the emirate remains affordable compared to other major cities despite rising prices. Explore our research findings today. Based on a recent survey, Dubai registered 948 transactions in the luxury property market during the first five months of 2024, with each sale priced at Dh15 million...

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