Author: Victoria Dickinson
Victoria Dickinson
Victoria Dickinson is a seasoned journalist at Dubai.News, specializing in real estate and business news. With over a decade of experience in the industry, Victoria has a keen eye for market trends and an in-depth understanding of the economic factors influencing the real estate sector. Based in Dubai, she provides insightful analysis and comprehensive coverage of the region's dynamic property market, from luxury developments to emerging business hubs. Victoria's background in economics and finance, coupled with her passion for storytelling, allows her to deliver news that is both informative and engaging. Her articles not only inform but also help readers make well-informed decisions in the competitive real estate landscape. Outside of her professional work, Victoria enjoys exploring Dubai’s diverse neighborhoods and attending industry events to stay ahead of the latest developments.
In 2024, the UAE has been ranked as one of the leading investment destinations globally in the UNCTAD World Investment Report 2025 with an bringing AED167.6 billion ($45.6 billion) of foreign direct investment (FDI) and ranked number 1 among the GCC countries and 23rd globally. This astronomical 48 per cent leap in a year makes it rank among the top 10 countries in world with the number being 10 and 37 per cent of all FDIs into the Middle East region grasping at the prospects of the economy of UAE. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President,…
The tokenised real estate market in Dubai is red hot, with the recent project on the PRYPCO Mint platform selling out in one minute and 58 seconds, becoming the new record of digital property investment in the emirate. The Dubai Land Department (DLD) stated that the project saw the participation of 149 investors representing 35 countries, which indicates the growing status of Dubai as an international hub of technology-enabled and user-friendly real estate investment. The sale is the second tokenised property sold on PRYPCO Mint, a platform established as part of the Dubai Property Tokenisation Initiative, which aims to support…
Aldar, Abu Dhabi’s main real estate developer, has formally introduced Fahid Island, a big new island community worth AED 40 billion ($10.9 billion). The project sits between Yas Island and Saadiyat Island and will bring over 6,000 luxury homes to the area which will make it a landmark of waterfront living in Abu Dhabi. With the total area of 2.7 million square meters, Fahid Island will have a beautiful coastline of 11km, plus 4.6km of beaches and mangrove areas. The entire island is planned so every area is only five minutes from the water, making for an active and easy…
A new platform in Dubai allows local residents to buy property for just 2,000 dirhams, thanks to the first tokenised real estate investment platform in the region. Prypco Mint was developed in cooperation with the Dubai Land Department (DLD) and gives users a chance to own part of ready-to-buy properties available in Dubai. People with UAE ID cards are able to use the platform at mint.prypco.com, with plans to open it worldwide in the future. All payments made during the pilot are made with UAE Dirhams, not with cryptocurrencies. All investments in our list show important data like pricing, engineering…
Trump Tower Dubai is starting well, and analysts say that potential buyers could earn up to 30% by selling their units on the market. Already, the newly completed 80-storey luxury tower on Sheikh Zayed Road is making a splash due to its premium branding, top-notch amenities, and parking in limousines. Although there was no official launch of Abu Dhabi on President Trump’s Middle East tour, the Dar Global-developed Dubai project has drawn attention in the area. According to estate agents, the demand for branded residences in Dubai’s prime locales has significantly increased. The current prices for the condos indicate there…
Analysts at property firm Savills say Dubai’s real estate sector is on a roll this year with a 23 percent year-on-year increase in transactions during Q1. The trend indicates increased investor confidence, facilitated by Dubai’s lucrative Golden Visa program, tax-friendly environment and the high-quality lifestyle offered. Sales off-plan accounted for the highest proportion of transactions (69%). We saw over 30 thousand new units, most of which were apartments, unveiled during the first quarter, more than twice the number reported in Q1 2024. Apartments pre-displayed overall sales at 76%, which increased the villa and townhouse sale to 24%, up from 18%…
MBS Global Investments from Dubai together with the Maldives government announced their plans to develop a $8.8 billion breakthrough project called Maldives International Financial Centre (MIFC). The development plan aims to construct the Maldives International Financial Centre in Male as a tax-free financial and lifestyle hub which targets global financial institutions together with digital nomads and entrepreneurs and fintech firms. The developers plan to finish MIFC by 2030 on a 780,000 sqm site that will include: The development includes three different structures that combine office spaces with residential properties located on the seaside. A conference centre accommodating 3,500 people Retail…
Dar Global has launched a major alliance with The Trump Organization to establish the Trump International Golf Club in Doha UAE. This new luxurious destination found its place in the eight million square metre Simaisima masterplan at 40km north of Doha while occupying 790,000m². The development incorporates an 18-hole golf course together with private beachfront villas and an exclusive golf club facility providing perspectives of the fairways coupled with beachfront access. Qatari Diar which represents Qatar’s sovereign wealth fund is working to create an ambitious project consisting of luxury residences combined with leisure facilities and tourism infrastructure across the eastern…
For the first quarter of 2025 Dubai Financial Market (DFM) achieved its highest figures to date with its results for March 31. The persistent growth at Dubai Financial Market (DFM) reached its highest level of Average Daily Trading Value (ADTV) at a 12-year high of AED 663 million representing a 67% increase from the previous year. The traded value total increased by 61% during Q1 2025 to reach AED 41 billion whereas Q1 2024 fell at AED 25.5 billion. Total consolidated income for Q1 2025 reached AED 186.5 million which represented a higher figure than the AED 148.1 million reported…
Eric Trump successfully marketed luxurious real estate and cryptocurrency investments in Dubai just before his father Donald Trump will visit Saudi Arabia, Qatar, and the United Arab Emirates. Trump Tower Dubai serves as the destination highlight of the visit that Saudi developer Dar Global created through its high-end project initiative. The tower features AED 75 million ($20.4 million) luxury penthouses alongside AED 5 million three- to four-bedroom apartments that belong to the upscale category. The Trump Organization intends to develop business operations through the upcoming opening of new locations in Riyadh along with projects in Jeddah and Oman and Abu…