Luxhabitat Sotheby’s International Realty, the esteemed luxury real estate company, has reached new heights with the sale of an exclusive penthouse for AED 420 million in Marsa Al Arab. This momentous achievement now establishes Luxhabitat Sotheby’s International Realty as the record holder for the most expensive apartment ever sold in Dubai, with an impressive value […]

Last month, sales in the UAE’s real estate industry decreased for the first time in 2023 as the country saw a 33% dip in transactions in April 2023 when compared to December 2022. The secondary market witnessed a 2.4% decline in sales but according to ZāZEN Properties, a leading sustainable property developer in the UAE, […]

Unique Properties, one of Dubai’s leading real estate agencies, cites that a 62% increase in high-net-worth individuals (HNWIs) from 2012 to 2022 has placed Dubai’s real estate market on a trajectory to achieve AED 300 billion in sales this year; the emirate houses over 68,400 HNWIs and with such individuals increasingly flocking to the UAE, […]