Umm Ziyaad

UAE Property: ‘Is now a good time to buy real estate in Dubai or will the market soften soon?’

Mario Volpi, Mario Volpi is head of brokerage at Novvi Properties and has worked in the property sector for 40 years in London and Dubai

Question: I’m thinking of buying a property in Dubai. But a friend is telling me not to as he thinks the market is about to crash. I’m not very well-informed about it. Is it a bad time to buy now? MC, Dubai

Answer: The topic of whether it is a good time to buy now or not seems to be a trending subject as many investors and end users are asking me the same question.

Firstly, it is not possible to time the market as real estate markets rise and fall over periods of time based on the simple economics of supply and demand. Of course, we will have a period of stability because no market can continue to rise year after year. That said, I will share with you my thoughts on the current state of the market and touch on what may happen in the future.

In the past, the Dubai real estate market suffered boom to bust due to instability and factors that would naturally change the course of any rising market. However, it is currently driven by major fundamentals. The government and competent authorities never hesitate to apply cooling measures if they believe the market is overheating.

Right now, the main driver for the market is population expansion, which has contributed to a sustained period of growth, especially after Covid-19. As long as this continues, we will not see any potential downturn until 2026 or 2027 at the very earliest. This prediction is based on the number of handovers of under-construction properties entering the market pool for this year and the years to follow.

However, if the current difficult economic conditions in other places, such as mainland Europe, the UK and possibly the US and Canada, continue, this could further increase Dubai’s current population numbers, in which case we could see the market continue its bull run for years to come.

Nobody can predict what will happen, but other people’s difficulties living abroad and their subsequent decision to move to the UAE, coupled with the Dubai government’s infrastructure improvements and other enhancements to life in general, will certainly keep the population numbers high and possibly even add to them.

Dubai is constantly evolving and looking to innovate and thereby attracts not just the world’s high-net-worth individuals, but ordinary people, too. Therefore, I advise you to grab a slice of the Dubai real estate market if you possibly can, because in the long run, you will be pleased you did.

Q: I’m a newbie making my first property purchase and feeling torn between investing in Dubai or looking at options in India. Property prices in Dubai seem high, capital appreciation rates have been low (0 per cent to 5 per cent since 2014), and I’m cautious about rising costs and my limited budget. Is real estate in Dubai still a good idea?

Based on my research, I think big developers do not always guarantee best quality, off-plan properties can appreciate well but come with risks, especially around delivery timelines and the future of areas like Dubai South remains uncertain.

I am looking for advice on the current real estate market in Dubai versus alternative options. I am also weighing the risks versus potential rewards in Dubai real estate and tips for a first-time buyer navigating this market. SJ, Dubai

A: I am not sure where you get your statistics from, but I can assure you that property prices across Dubai have increased by a considerably higher percentage than your estimation for both villas/townhouses and apartments. That said, it is important to enter any market with a degree of caution and I always advocate to do your homework and due diligence when it comes to any investments.

The reason for buying is also a critical consideration. If it is purely for investment, I would urge you to consider the comments above and, in fact, to dig deeper into factors such as the location, what is nearby, the amenities, who the developer is, build quality, the view, size and costs. However, if you are buying to live in, as long as you can afford the property and it ticks all your boxes, I would not hesitate to proceed.

The Dubai real estate market post Covid has seen some stellar returns and some may argue that it is now running out of steam and we are headed for a downturn. However, the market is now based on proper fundamentals, not speculation, so even if we do have a period of slowdown, it certainly is not a crash.

With the population continuing to grow (160,000 new residents moved to Dubai last year), we can see that the real estate market is in great shape and the supply of inventory is keeping up with demand. In some cases, supply is less than demand, when it comes to town houses and villas.

When it comes to real estate, as long as the buyer holds on to the investment long enough, you cannot go wrong. There are also great mortgage options available and it looks like interest rates may be coming down a bit, too.

However, if you are looking at alternative options like stocks, shares and gold, these are risky because world events can affect their value. Geopolitical events have made Dubai a safe haven and that is why the population continues to grow. Economic uncertainty, especially in Europe, UK and other parts of the world, is making investors or families look to Dubai as a safe place to move to, start a business or to live in a safe and cosmopolitan city.

Zero income tax, year-round sunshine, ease of doing business, golden visas and world-class health care and education centres add to this list. I would not hesitate to invest in Dubai.

Philly2dubairealtor,…………………..

Re-Blogged via The National

Dubai Real Estate Transactions For The Week Of March 17th 2025

Transactions reached a total of 12.7 Billion AED in the week of March 17th 2025 in both Offplan and secondary market sales

Monday

Tuesday

Wednesday

Thursday

Friday

If you are searching for residential properties to buy either offplan or ready Properties in the UAE, we will give you options to suit your budget.

Contact Us for more information , to book a unit or consultation session on WhatsApp +971 55 134 8912

Philly2dubairealtor………..

Looking to rent a place in Dubai, Business Bay?

Know how much you should be expecting to pay before you move

Tenants looking to move to Business Bay should expect to pay rents between 53k AED minimum for studio apartments up to 1.5 M AED or even more for 3 bedroom apartments, duplexes or penthouses in the area.

This pricing is for unfurnished units, however furnished will be significantly more expensive depending on the building and how many bedrooms that you wish to rent.

If you are searching for residential properties to rent in the Business Bay area, we will do our best to give you options to suit your budget.

Be sure to join our investor contact list to be notified about prelaunch and first launch deals to ensure you get first advantage buying.

Contact Us for more information , to book a unit or consultation session on WhatsApp +971 55 134 8912

Philly2dubairealtor,……………..…

Dubai attracts 16.79 million tourists between Jan to Nov 2024

Dubai’s strong tourism performance and sustained growth in both visitor numbers and hotel performance indicate the emirate’s resilience and appeal

According to the latest data from the Dubai Department of Economy and Tourism’s 2024 Performance Report, the emirate experienced a 9 per cent increase in international tourist arrivals for the first 11 months of 2024, with a total of 16.79 million visitors between January and November, up from 15.37 million during the same period in 2023.

November saw 1.83 million international tourists, while January and February attracted 1.77 million and 1.9 million tourists, respectively.

Other months showed equally strong performance, with October reaching 1.67 million visitors.

Regional breakdown

Western Europe remained the top source region for international visitors to Dubai, contributing 20 per cent of the total arrivals with 3.3 million tourists. South Asia followed closely, accounting for 17 per cent of the total, with 2.86 million visitors.

The Gulf Cooperation Council (GCC) countries ranked third, contributing over 2.5 million tourists, or 15 per cent of the total, while the Commonwealth of Independent States (CIS) and Eastern Europe saw 2.35 million visitors, accounting for 14 per cent.

Hotel industry performance

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Dubai attracts 16.79 million tourists between Jan to Nov 2024
Dubai’s strong tourism performance and sustained growth in both visitor numbers and hotel performance indicate the emirate’s resilience and appeal

Gulf Business
by Gulf Business
January 6, 2025
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Dubai attracts 16.79 million tourists between Jan to Dec 2024Image: Dubai Media Office
According to the latest data from the Dubai Department of Economy and Tourism’s 2024 Performance Report, the emirate experienced a 9 per cent increase in international tourist arrivals for the first 11 months of 2024, with a total of 16.79 million visitors between January and November, up from 15.37 million during the same period in 2023.

November saw 1.83 million international tourists, while January and February attracted 1.77 million and 1.9 million tourists, respectively.

Other months showed equally strong performance, with October reaching 1.67 million visitors.

Regional breakdown
Western Europe remained the top source region for international visitors to Dubai, contributing 20 per cent of the total arrivals with 3.3 million tourists. South Asia followed closely, accounting for 17 per cent of the total, with 2.86 million visitors.

The Gulf Cooperation Council (GCC) countries ranked third, contributing over 2.5 million tourists, or 15 per cent of the total, while the Commonwealth of Independent States (CIS) and Eastern Europe saw 2.35 million visitors, accounting for 14 per cent.

Other regions also made notable contributions: the Middle East and North Africa (MENA) accounted for 12 per cent with 1.93 million tourists, while Northeast and Southeast Asia contributed 10 per cent with 1.62 million.

Visitors from the Americas, Africa, and Australia made up 7 per cent, 5 per cent, and 2 per cent of total visitors, respectively, with figures of 1.12 million, 791,000, and 319,000.

Hotel industry performance
Dubai’s hotel sector has mirrored the tourism growth, with the total number of hotel rooms reaching 153,390 by the end of November, an increase from 149,685 at the end of 2023.

The growth of hospitality establishments was also reflected in a 3 per cent rise in hotel room bookings, which exceeded 39.19 million during the first 11 months of 2024, compared to 38.01 million in the same period the previous year.

The average length of stay for guests was recorded at 3.6 nights, suggesting continued demand for both short-term and extended stays.

The breakdown of hotel room categories shows a clear dominance of higher-end properties. Five-star hotels accounted for 35 per cent of the total rooms, with 53,977 rooms in 168 establishments.

Also, Dubai’s luxury hotel apartments comprised 13,944 rooms in 80 establishments, while mid-level hotel apartments numbered 12,423 across 108 properties.

Dubai’s hotel sector has also benefited from rising rates. The average daily rate (ADR) for the first 11 months of 2024 was Dhs520, a 2 per cent increase from Dhs510 in the previous year.

The average revenue per available room (RevPAR) showed a 3 per cent rise, reaching Dhs405 compared to Dhs394 in 2023.

If you are searching for residential properties to buy either offplan or ready Properties in the UAE, we will give you options to suit your budget.

Be sure to join our investor contact list to be notified about prelaunch and first launch deals to ensure you get first advantage buying.

Contact Us for more information , to book a unit or consultation session on WhatsApp +971 55 134 8912

Philly2dubairealtor,………………..

Re-blogged via Gulf Business

Strong Demand and Strategic Investments to Fuel UAE’s Real Estate Market Growth in 2025, Says JLL

The conversion of qualified non-freehold properties will drive demand across various submarkets

According to an industry estimate, the UAE’s real estate performance in 2025 would be driven by limited available supply, infrastructure development, and alternative assets such as last-mile logistics and data centres.

The ability to convert qualified non-freehold properties will drive demand across submarkets, while new infrastructure projects and alternative assets are expected to drive real estate development in the UAE this year, according to a report by JLL, a leading global commercial real estate and investment management firm.

UAE real estate performance

“Although the MEA region’s construction project market slowed in 2024, the UAE dominated construction project awards during the year, securing the largest share with 47 per cent, amounting to $34 billion,” according to JLL’s Middle East and Africa Market Review and Outlook 2025.

In terms of sectors, the UAE outperformed in residential and mixed-use projects, awarding $28.3 billion and $4.6 billion, respectively.

Taimur Khan, Head of Research MEA at JLL, stated that with inflation rates stabilizing and a strong labor market, the real estate sector is experiencing strong demand across key industries in both Dubai and Abu Dhabi.

“GDP growth has been amongst the strongest in the UAE as compared to other GCC countries, which is a testament to the government’s continued strategic efforts to attract investment,” he said.

Gary Tracey, Head of Project & Development Services UAE at JLL, stated that despite growing construction prices, the UAE’s real estate market is likely to maintain its upward trend in 2025, as indicated by healthy order books and good performance in the residential and mixed-use project sectors.

“This demonstrates the market’s resilience and underlying strength, but also underscores the need for diligent cost control and innovative solutions to ensure sustainable growth,” Tracey said.

Robust demand in Dubai

According to the research, Dubai’s residential sector finished 2024 on a high note, with sales transactions up 32% from the previous year, totaling AED367 billion.

Investor demand for off-plan properties remained high, accounting for the majority of deals valued at nearly AED223 billion, or 60.7% of the total.

Behind the strong demand, the developer launched around 157,000 units in 2024. Most of them cited Reizin’s data over the year, according to the report.

JLL, meanwhile, said the rental market has seen a decline in annual growth rates of 15.7%, indicating that shorter drugs could stabilize rents.

Philly2dubairealtor,………………

Re-Blogged via Property News

Current exquisite luxury branded projects in Dubai with Binghatti at the head of them

Bugatti Residences, Binghatti Jacob & Co, Binghatti Mercedes Benz

We’ve all heard all the rave about the most luxurious branded collaboration real estate projects coming out of Dubai that has blown us away one after the other. That being said we can’t say enough about the Real Estate tycoon Binghatti who has impressed us with some of the best luxury projects on the market to date.

Let’s start with Bugatti Residences

Known for their unwavering and uncompromising commitment towards excellence, Bugatti and Binghatti – two visionary brands – have unveiled their first collaboration: a ground-breaking real estate development in the heart of Dubai. The project was revealed at the Coca-Cola Arena in Dubai on May 24th, 2023 by Mate Rimac, CEO of Bugatti Rimac, and Muhammad BinGhatti, CEO of Binghatti.

Bugatti Residences by Binghatti – the first-ever Bugatti Residences in the world – is located in the prime area of the Business Bay in Dubai. The collaboration between the two revered brands aims to depict synergies that achieve unparalleled excellence. Drawing upon the rich and diverse creative heritage of both brands, the Bugatti and Binghatti collaboration project has at its nucleus a meticulously designed structure featuring a distinctive façade complemented by intricately designed interiors. With its serene undertones, the hyper-form will juxtapose the city’s bustling energy – a retreat in the heart of the metropolis.

The design of Bugatti Residences reflects the iconic brand elements and luxury design innovations of Bugatti, merging these values cohesively with Binghatti’s expertise in creating a phenomenal architectural masterpiece. Bugatti Residences will feature a collection of 171 Riviera Mansions and 11 Sky Mansion Penthouses, each of them being absolutely unique with bespoke curated layouts. The first Bugatti residence is also designed with peerless luxurious amenities, including a Riviera-inspired beach, private pool, jacuzzi spa, fitness club, chef’s table, private valet, private members club and two garage-to-penthouse car lifts. The residence also features a host of high-end and tailored services dedicated to its residents, including bespoke chauffeur and concierge services.

The two brands have integrated the distinctive flair of the French Riviera into every aspect of the development. Starting from the very moment of setting foot within the residences, a sense of exuberance takes hold, transporting residents to the inspiring region that has long captured the hearts of connoisseurs of refined living. In the same way that Bugatti has translated the beauty and sophistication of French luxury into the design of its hyper sports cars, Bugatti Residences brings the breeze and feel of the French Riviera into this private oasis. In its organically sculpted design, Bugatti Residences by Binghatti manifests the beauty of the Riviera’s spirit and flair.

Next up Binghatti Mercedes Benz

“People choose and love cars for different reasons and choose different brands for different reasons. Ultimately, its the narrative these brands tell; each brand has a specific heritage and has a different narrative to tell,” Muhammad BinGhatti, CEO, Binghatti Properties,

According to BinGhatti, designers from Mercedes-Benz have collaborated to transfer the brand’s design DNA, emotion, intelligence, and emphasis on innovative technology to branded residential living spaces at a project in Dubai.

The project — first announced in December 2023— broke ground mid 2024 , and will take the form of a 65-storey residential tower that centred around a holistic, connected, and desirable luxury living experience.

Top features of the building include an elliptical shaped tower that allows all units to have panoramic views of the Dubai skyline, a photovoltaic panel façade on one side that will generate power for electric vehicle chargers in the parking area, as well as luxurious amenities for residents, including private, in-unit facilities. Units — of up to five bedrooms — are named after classic and timeless car models from the manufacturer.

Rising to 341 metres (1,118 feet), the tower is located in Downtown Dubai with uninterrupted views of Burj Khalifa.

Last but most definitely not least is the exclusive Binghatti Jacob & Co diamond incrusted tower

Binghatti has joined hands with globally renowned high jewellery and watchmaking brand Jacob & Co. to celebrate a major sales milestone achieved at its premium development – The Burj Binghatti Jacob & Co. Residences – with nearly 50% of the project sold out, within just nine months of sales launch.

As construction progresses rapidly, anticipation in the market is building up for the inauguration of this architectural marvel. With its sleek design, unparalleled lifestyle offerings and panoramic views of the cityscape, the hyper-tower promises to offer unmatched living experience that epitomizes urban luxury, it stated.

The 104-storey Dubai building, on completion, is set to become the world’s highest residential tower, stated the developer.

The accomplishment of this cutting-edge development further reinforces Dubai’s standing as the premier destination for investors and homeowners seeking to dive into ultra-luxury real estate, and Jacob & Co.’s unique commitment to the emirate.

Terming it as a massive architectural and commercial success, Binghatti said this is a rare achievement in the realm of hyper luxury real estate.

It not only highlights the relevance of the partnership between Binghatti and Jacob & Co. but also persistent demand for premium real estate offerings in Dubai, thus establishing a new standard for the sector.

The crown jewel in Dubai’s skyline, The Burj Binghatti Jacob & Co. Residences keeps experiencing enormous success, he added.

Arabo pointed out that the motto and design ethos of Jacob & Co. is “Inspired by the Impossible”. This state of mind also serves as the driving force behind the development of Burj Binghatti Jacob&Co. Residences.

Binghatti Bugatti Residences

Starting : 19 M
Property Type: Apartment/Sky Mansion
Unit type: 2-5 beds
Size: 2,000 sqft – 47,000 sqft
Down Payment: 25%
Payment Plan: 70/30
Handover: Q2 2026
Location: Business Bay

Binghatti Mercedes Benz

Starting : 11.5 M
Property Type: Apartment
Unit type: 2-5 beds
Size: 1,586 sqft – 6,969 sqft
Down Payment: 20%
Payment Plan: 70/30
Handover: Q4 2026
Location: Downtown Dubai

Burj Binghatti Jacob &Co

Starting : 9.4 M
Property Type: Apartment/Penthouse
Unit type: 2-7 beds
Size: 2000 sqft – 22,000 sqft
Down Payment: 35%
Payment Plan: 70/30
Handover: Q2 2026
Location: Business Bay

Philly2dubairealtor,……………..

Co-ownership of property in Dubai: New project to offer real estate through tokenisation

Real estate tokenisation transforms real estate assets into digital tokens using blockchain technology

Dubai Land Department (DLD) on Wednesday said it launched the pilot phase of the ‘Real Estate Tokenisation Project’ to implement tokenisation on property title deeds to open new investment opportunities for investors.

DLD said it seeks to diversify property ownership by allowing multiple investors to co-own a single property through tokenised real estate assets.

Real estate tokenisation transforms real estate assets into digital tokens using blockchain technology. Each asset is divided into shares based on an investor’s budget and financial strategy, enabling fractional property ownership.

This approach marks a significant shift by allowing investors to acquire a portion of a property without fully purchasing it, leveraging advanced technology. Unlike crowdfunding, which grants investors access to the real estate market with small investments through digital platforms, tokenisation offers a distinct and more structured model for real estate investment.

Greater liquidity

Farooq Syed, CEO of Springfield Properties, said this would revolutionise the Dubai property market by introducing greater liquidity, accessibility, and efficiency.

“By converting property assets into digital tokens on a blockchain, investors can buy and sell fractional ownership in real estate, significantly lowering the capital required to participate in the market. This will also enable a more seamless and transparent transaction process, reducing paperwork and intermediaries,” he said.

“Additionally, blockchain technology ensures secure, immutable records, enhancing trust and reducing fraud risks in property transactions.”

He added that tokenisation will increase the buyer base of Dubai and democratise access to Dubai’s real estate market. “Smaller investors will now be able to buy properties and we will see a more diversified buyer base and bringing more stability. More participants will mean more liquidity, faster transactions and possibly higher volumes of transactions which will further boost the development of Dubai’s real estate market,”

Wissam Breidy, CEO of HRE Development, said tokenisation allows smaller investors to participate in high-value real estate projects. This “inclusivity will diversify the investor base and create a more dynamic market.”

Yogesh Bulchandani, CEO of Sunrise Capital, said tokenisation lowers barriers to entry, making real estate accessible to a wider pool.

Rohit Bachani, co-founder of Merlin Real Estate, added that this democratises the market, allowing more investors to get involved in Dubai’s premium properties without the need for significant upfront capital.

“Investors can now diversify their portfolios with ease and benefit from enhanced liquidity through tokenised transactions. It’s an innovative way to bridge the gap between traditional real estate investment and the evolving tech-driven market, aligning with our mission to bring the finest luxury real estate experiences to lifestyle enthusiasts,” he said.

Bachani elaborated that tokenisation allows smaller investors to invest in high-value properties in Dubai, from branded residences to luxury waterfront living and cityscape views. “This opens up the market to a wider range of investors, ultimately enriching the ecosystem with more depth and diversity while enhancing the investment opportunities across various segments.”

Dh60-billion market

The project will strengthen Dubai’s position as a regional and global hub for virtual assets, enhancing its competitiveness on both local and international levels.

DLD anticipated that this groundbreaking initiative would drive significant growth in the real estate tokenisation sector, with its market value projected to reach Dh60 billion by 2033, representing seven per cent of Dubai’s total real estate transactions.

“By converting real estate assets into digital tokens recorded on blockchain technology, tokenisation simplifies and enhances buying, selling, and investment processes,” said Marwan Ahmed Bin Ghalita, Director General of Dubai Land Department.

“Following this year’s pilot launch, we will thoroughly assess the outcomes and leverage key insights to refine the project ahead of its full-scale implementation.”

He added that this project is part of the recently launched ‘REES’ Real Estate Innovation Initiative to attract diverse technology firms.

The project is being implemented in collaboration with the Dubai Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF) through SandBox Real Estate.

Philly2dubairealtor,……………..

Re-Blogged via Khaleej Times

Egyptians emerge as a rising force in Dubai’s real estate

Egyptian investors in Dubai property saw a 150% increase compared to 2024

In recent years, Dubai has become a top destination for Egyptian investors..

Dubai’s real estate market continues to attract a diverse global audience, with Betterhomes’ latest data revealing key shifts in buyer demographics. In 2025, Indian, British, and Italian investors led the way in residential property purchases, followed by buyers from Russia and Pakistan.

Notably, Italian buyer activity surged by 22 per cent, while Egyptian investors saw an extraordinary 150 per cent increase compared to 2024. This sharp rise underscores growing international confidence in Dubai’s dynamic real estate sector.

Beyond these top five nationalities, demand remains strong from buyers across Lebanon, Iran, and other key markets, reaffirming Dubai’s status as a premier global investment destination.

“This year, we’ve seen a clear shift in buyer demographics, with a significant rise in Egyptian and Italian investors. Many of our Egyptian clients are seeking stability amid currency fluctuations, while Italians are drawn to Dubai’s tax advantages and luxury lifestyle. It’s not just about buying property—it’s about securing their future in a globally recognised market” said Christopher Cina, Director of Sales at Betterhomes.

In recent years, Dubai has become a top destination for Egyptian investors seeking financial security, high returns, and long-term growth. Several factors are driving this trend:

1. Hedging against currency devaluation: With the Egyptian pound facing depreciation, many investors are turning to Dubai’s dollar-pegged real estate market as a safe haven for wealth preservation.

2. High rental yields & capital growth: Dubai offers some of the highest rental yields in the region, often ranging from six to eight per cent, along with strong capital appreciation potential in prime locations.

3. Golden visa & residency incentives: Investors purchasing properties worth Dh750,000 ($204,000) or more can qualify for long-term residency, offering greater mobility and business opportunities.

4. Ease of ownership & tax benefits: Unlike some markets, Dubai allows 100 per cent freehold ownership for foreigners and has no property taxes, making it a more investor-friendly environment.

5. Business & lifestyle appeal: As a global hub, Dubai attracts Egyptians seeking both investment and lifestyle advantages, from world-class infrastructure to ease of doing business.

This surge in Egyptian interest reflects a broader trend of increasing global confidence in Dubai’s real estate market. With its unique financial opportunities, attractive tax policies, and world-class living standards, Dubai’s real estate market is poised to remain a top destination for investors from around the world.

“Looking ahead, we expect continued growth in demand, especially from Egypt and other emerging markets,” added Christopher Cina. “As more buyers discover the benefits of investing in Dubai, we are confident that the city’s real estate sector will remain a leading global powerhouse for years to come.”

Philly2dubairealtor,…………….

Re-Blogged via Khaleej Times

Brand New Torino Apartments For Sale In Arjan, Dubai

Studio-2 Bedroom Units from 580k-1.5 M AED

Apartments for sale in Torino, Arjan

About:

Torino is a special project that offers its residents an uncommon blend of opulent outdoor living and cozy interior spaces, all wrapped up in contemporary design with sustainability at its core!

Project Highlights:

•Good window view
•Bedrooms with ample natural light
•Modern bathrooms, offering privacy and comfort
•High-quality finishes and fixtures throughout
•Ideal for both personal residence and rental investment
•Large parking space
•Stylish interiors with premium fittings

One Bedroom Description

Property details:

– 1 Bedroom
– 1 Bathrooms
– Size: 510.6 sq. ft.
– 1 Car parking
– Great Located
– Semi finishing
– Great amenities.

Key Facilities:

– Swimming pool
– Play area for kids
– BBQ Area
– Outdoor Cinema
– Grand Entrance Lobby
– Party Hall
– Lazy River
– Badminton
– Paddle Tennis
– Squash Court
– Yoga Deck
– Jogging Track
– Fully-equipped gymnasium
– Pets Zone

Completion date March 2025

If you are searching for residential properties to buy either offplan or ready Properties in the UAE, we will give you options to suit your budget.

Be sure to join our investor contact list to be notified about prelaunch and first launch deals to ensure you get first advantage buying.

Contact Us for more information , to book a unit or consultation session on WhatsApp +971 55 134 8912

Investors gain Dh715 million from three Downtown Dubai land sales

Prime plots in city’s iconic hub yield exceptional returns, reinforcing its position as leading global investment hotspot

Downtown Dubai’s unique blend of luxury residential, commercial, and leisure offerings has made it a top global destination for investors.

Three plots of land in Downtown Dubai have been sold for a combined profit of Dh715 million, highlighting the incredible growth and investment potential of the city’s real estate market.

The three transactions, all completed within the space of five days last month, brought individual returns of Dh225 million, Dh290 million and Dh200 million for the three sellers.

Data from DXBinteract revealed that an investor sold one of the plots, a prime 51,439 square feet parcel of land, for Dh400 million, just 18 months after buying it for Dh175 million. The two other plots were bought in April 2017 and May 2021 respectively.

“These transactions highlight rising land values in prime areas of the city, and underline how Downtown Dubai’s unique blend of luxury residential, commercial, and leisure offerings has made it a top global destination for investors,” said Firas Al Msaddi, CEO of fäm Properties. “In addition to its commercial appeal, Downtown Dubai is a major tourist destination, attracting millions of visitors annually to its world-class attractions, luxury hotels, and fine dining establishments. This dual appeal makes it a unique investment opportunity.”

Home to world-famous landmarks such as the Burj Khalifa, The Dubai Mall, and the Dubai Fountain, Downtown Dubai has seen land values appreciate significantly over recent years, driven by strong demand and limited supply.

The three major plot sales in quick succession last month spotlight the increasingly buoyant nature of the Dubai real estate market following last year’s all-time peak of 180,900 property transactions worth Dh522.1 billion.

Investors notched up record profits of almost Dh60 billion from Dubai’s re-sale market in 2024. The secondary market generated capital gains of Dh59.7 billion, 34 per cent up on 2023, completing a dramatic 1,300 per cent increase over the last five-years.

“The rapid appreciation of land is a testament to the confidence investors have in Dubai’s future,” said Al Msaddi. “This is the result of the strict regulations, digital transparency tools, and long-term development strategies initiated by the Dubai Land Department and the Dubai Government.

“Buyers and investors see this as a secure, transparent market, and have gained trust in real estate professionals to help them capitalise on Dubai’s status as a premier investment destination. This is an exciting time for the industry, and we look forward to seeing continued momentum in the market.”

Philly2dubairealtor,………………

Re-blogged via Khaleej Times