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News, page 5
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13.01.20261274According to the Dubai Land Department, the emirate's property sector ended last year at the peak of activity. The total volume of transactions for the sale of objects reached Dh682.5 billion - an absolute record, exceeding the figures of 2024 by 30.6 percent (then it was 522.36 billion). The number of sales themselves rose to 214,912 transactions,...
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30.12.20251974Dubai strengthened its position among the world's leading tourist destinations in 2025. According to the latest data, the city welcomed around 19.5 million foreign tourists and became one of the world's top three most popular destinations, alongside Bangkok and Istanbul. Despite its location in the desert, the metropolis continues to attract...
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23.12.20251815Developer Binghatti Developers together with Mercedes-Benz has announced the launch of one of the most ambitious projects in Dubai's luxury property market - a full-fledged urban neighbourhood under the legendary car manufacturer's brand. The project is called Mercedes-Benz Places | Binghatti City and will be the world's first example of an...
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16.12.20251137The emirate continues to surprise the world with its dynamics: the premium real estate market here is experiencing a real boom. According to the latest data from analysts, over the past five years, the number of transactions involving properties worth 10 million dirhams (approximately $2.7 million) has increased tenfold. While there were only 469...
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09.12.20251018While in other countries the property market is either stagnating or cautiously retreating, in Dubai it is quite the opposite — it is full steam ahead. In November, 19,019 deals were concluded, which is 30.9% more than a year ago. And the amount of money involved was astronomical: 64.7 billion dirhams, or almost 18 billion dollars. Compared to...
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02.12.20251131A new shopping centre with an area of over 200,000 square feet (approximately 18,600 m²) will open in the Dubai South area in the coming years. The facility will be part of the South Bay residential complex and will be located directly on the shore of a one-kilometre-long artificial lagoon. The project was developed by Dubai South Properties. The...
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25.11.20251414According to a report by international consulting firm JLL, the total volume of land transactions in Dubai for the period 2019–2024 increased by 403.6%. The average annual market turnover rose from AED 13.7 billion in 2019 to AED 68.8 billion by the end of 2024. The main reason for this rapid growth was the consistent implementation of the Dubai...
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18.11.20251247On Al Marjan Island, a project that has been the talk of the emirate for the past few months has officially been launched: Abu Dhabi National Hotels is launching the Nasla Al Bahr residential complex, worth exactly 3 billion dirhams. This is the first appearance of Marriott International's The Luxury Collection brand in Ras Al Khaimah and ADNH's...
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11.11.20251109Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of the Emirate and Minister of Defense of the UAE, has signed a package of documents that should propel Dubai to the top spot among the world's cities. The decision was made at a meeting of the Executive Council during the annual government meetings. This is not a one-off project, but...
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05.11.20251050In the third quarter of 2025, the volume of transactions in the emirate's commercial real estate market amounted to AED 30.38 billion, or $8.27 billion, which is 31% higher than last year's figures, according to a report by CRC Property. The main driver of growth was high demand for office space, where sales volume increased by 93% compared to the...
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