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.
Dubai has well established itself as the world’s premier branded residential real estate market with another 140 super-prime schemes still in the pipeline for delivery by 2031. This dominance falls in line with the current increase in the branded residence sector, which stands to be 1,530 projects around the globe within the same year, according to savills, global residential development consultancy. Dubai: A Hub for Luxury Living Dubai’s real estate market looks brighter than many global cities including Miami, New York, and London by reflecting the luxury lifestyle brand appeal, connectivity advantage, and architectural creativity. While there is currently 740…
Dubai’s Discovery Dunes, a latest ultra-luxury private residential development, will target the prestigious UHNWIs keen to buy luxury property. With the UAE market for real estate continuing to show spectacular growth, Discovery Dunes microcosm and data speak of exclusivity, upscale and personal services. Demand for the fine and ultrapremium residential real estate also on the increase. The main interest in investing in Dubai as a luxury residential city remains strong. Residential sales hit AED120 billion ($32.7 billion) in Q3 2024 and up by 30% YoY, per CBRE. Knight Frank believes that UHNWI will spend $4.4bn on Dubai properties this…
The findings of this report clearly indicates that Dubai’s real estate market has made tremendous feats in the year 2024 with around 188000-plus real estate transactions making total value of AED 625 billion ($170.2 billion) up by 38 % in volume and 23% in value as compared to 2023. The Director of the Dubai Land Department, Sultan bin Abdullah bin Sultan bin Zayed Al Nahyan, discussed its performance to Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Chairman of The Executive Council of Dubai, where he highlighted the importance of the sector…
The Brazilian football great Neymar Jr. continues to expand his taste in luxury and style, moving to purchase an AED 200 million ($50 million) penthouse in Bugatti Residences by Binghatti. This brand new luxurious penthouse belongs to Neymar as a part of Sky Mansion collection, it equipped with a private car elevator, a personal swimming pool, has a perfect view of Downtown Dubai. This purchase is a sign of more celebrities from across the globe purchacing property in Dubai, for instance Lamborghinis bought a property in Dubai citing that it was the place to invest in luxury homes. Bugatti Residences…
The new Wynn gaming resort that is scheduled to be opened in Ras Al Khaimah Al Marjan Island will have the potential of turning the region into the fourth largest gaming market in the world, said the new president of Wynn Resort Al Marjan, Max Tappeiner. This $2 billion IPO is set to be the first fully-fledged integrated gaming resort in the Middle East North Africa (MENA) to change the perception of luxury and entertainment in the UAE and across the region. Wynn Al Marjan Island is set to be launched in the first quarter of the year 2027 and…
Ryan Serhant , a celebrity real estate broker from Reality’s Million Dollar Listing New York and Owning Manhattan last week spoke to Arabian Business about Dubai’s real estate boom and his career path. In his speech during the Game Changers held at Coca-Cola Arena in Dubai, Serhant expressed his admiration of the city’s vision and the multitude of interesting and unheard-of projects, including Palm Jebel Ali. “It is now in the top 10 global real estate investment locations,” Serhant pointed out, seeing that individuals from New York, Hong Kong, and London now mov… One noted Serhant, a luxury real estate…
AWQAF Dubai has disbursed Sh30.4 million in profit from Minors and Endowments and Minors’ Trust Foundation investment for the year 2024. This has gone of a record high by a 13% increment or AED3.4 million in the number of disbursements it made in the previous year at AED26.7 million. A total of 2,263 beneficiaries have benefited from these funds supporting the mandate of AWQAF Dubai in managing and investing on cash in the name of minors. AWQAF Dubai Secretary-General, His Eminence, Ali Mohammed Al Mutawa’ confirmed to the foundation’s commitment to the Dave, the protection and preservation of the minors’…
A new freehold residential project Maysan, developed by Abu Dhabi based Modon is an upscale residential community at Reem Island. Spanning over 600,000 square meters, the first phase introduces two distinct districts: Mayar and Thoraya villages occupying total of over 300 houses. Mayar is planned to consist of the new housing typology in Abu Dhabi – 132 stacked maisonettes intended for horizontal integration with the nature and inside-outside living. These Four-Bedroom each of four-story homes will be contain master plan of Gated community with Central park with scenic walking trails in purposively planned to be center of attraction to families,…
Emirates has revealed a new look and has launched a stunning new design in anticipation of the 2024-25 NBA season and in its capacity as the Official Global Airline Partner of NBA. The striking design seen on the aircraft, an Airbus A380 is in connection with the new event, the Emirates NBA cup. A new blue gradient scheme accompanied by the NBA logo and the basketball illustration will be gradually rolled out across the Emirates fleet next week. New design is red engine cowls also the company’s logo –Emirates is in bright white handwriting on the sides conveys the spirit…
The World Bank’s latest report of the Middle East and North Africa set the UAE GDP growth at 3.3 percent in 2024 and increase to 4.1 percent in 2025. The report named as Growth in Middle East and North Africa shows the strong gross in UAE but current account has declined and non oil sector showed good performance. Among these countries, the highest regional real GDP per capita growth is expected to be of UAE which is 2.5% in 2024 and 3.4% in 2025. These figures are suggestive of the fact that the nation continues to strive to attain the…