The apartment complex is part of the Haven by Aldar masterplan, marking the company’s first Dubai project in partnership with Dubai Holding
Month: July 2024
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According to the latest market report from Betterhomes, Dubai saw 40,584 property transactions worth AED104 billion in Q2 2024, representing a 49 percent increase compared to the same period last year
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The developer will also be foraying into affordable and mid-market segments
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OMNIYAT GROUP To Spearhead New Ventures With A Target Of An AED 100B Portfolio In The Next Five Years
July 22, 2024
OMNIYAT, Dubai’s ultra-luxury real estate leader, has announced a new chapter in its remarkable journey by unveiling a new corporate structure led by the newly-formed OMNIYAT GROUP. Founded as an umbrella to drive success across its branded companies, OMNIYAT GROUP has announced an AED 100B total group portfolio target over the next five years and committed AED 50B in portfolio value for new ventures across diversified real estate sectors.
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Dubai, UAE – The recent announcement of a major expansion project at Al Maktoum International Airport has sparked a significant surge in Dubai’s real estate market, particularly in Dubai South and surrounding areas. Industry reports indicate a notable 15% increase in property prices within the vicinity, driven by heightened investor interest and anticipated demand.
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Dubai has observed an annual growth of 4% in its economic activities. This is expected to remain constant for the coming few years, leading to an increase in population and a higher need for rental properties.
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The latest project represents a significant milestone in the Dubai real estate sector, underscoring the company’s strong presence in the high-end property market
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Dubai South Is New District Of Booming Opportunities
July 17, 2024
Dubai South, a major single-urban master development in the region neighbouring Jebel Ali and Expo City, is fast emerging as one of the most exciting new districts in UAE, according to a Dubai-based property group.
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Dubai recorded 948 sales in the luxury property segment, each valued at Dh15 million ($4 million) or more, during the first five months of 2024, according to a new report.