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.
The residential real estate sector in Dubai experienced exceptional growth during 2024 when sales reached 169,000 which constituted a 42% increase from 2023 figures. The subject of residential properties remained on an upward trend in 2024 based on Cavendish Maxwell’s findings that prices increased 0.9% during December compared to the last month and 3.1% above Q4 numbers from the previous year. Property prices increased by 16.5% across the year while the square foot price rose to AED 1,493 which equals $407. As many as 145,000 new off-plan units became available to buyers during the entire year while staying four times…
The real estate market of Dubai maintains its unprecedented expansion as analysts point out specific developers who will generate outstanding investment yields until 2025. The developers Emaar and Ellington along with Meraas Select and Omniyat drive Dubai’s skyline evolution through the development of luxury real estate projects for modern investors. As noted by Paul Sharland from haus & haus who works as Off-Plan & Investment Associate Director “Emaar provides world-class infrastructure through master-planned communities alongside Ellington builds European-style boutique structures and Meraas develops luxury lifestyle concepts that combine innovation with luxury design.” The real estate market looks up to Select…
The real estate market in Dubai experienced substantial growth during Ramadan as market expectations for a decrease proved wrong. The new report published by Betterhomes shows that Holy Month real estate trade and market value activities increased in 2023 and 2024 before projecting strong data for 2025. The sacred month of Ramadan generates substantial impacts on real estate activity within Dubai. Transaction activity in Ramadan 2024 experienced a 39% increase leading to 12,313 deals while the previous year had only 8,846. The rise in total sales value during the year exceeded expectations by 55% and reached AED32.6 billion while sales…
According to Kuwait Financial Centre (Markaz) the UAE together with Saudi Arabia and Kuwait show strong prospects for real estate market expansion throughout 2025 because of economic growth and decreasing interest rates coupled with state backing. These three Gulf nations will maintain their H1 2025 market expansion predict analysts who expect investors to benefit from the opportunities. UAE: Booming Property Market The UAE’s real estate market generated AED 457 billion ($124.4 billion) worth of transactions through the first half of November 2024 which marked an 11% gain above previous year levels. Dubai continues attracting international investors through Golden Visas along…
Meraas as a Dubai Holding Real Estate subsidiary introduced City Walk Crestlane to the Dubai residential market as its premium waterfront development. The project wants to revolutionize urban dwelling through a combination of contemporary structures with picturesque water design elements and urban skyline panoramas. Two modern residential buildings named City Walk Crestlane 2 and 3 together make up the initial segment with 394 residences. The project combines city life energy with park-like natural features that stretch among lagoons and swimming pools in a peaceful environment. The residential facilities provide their inhabitants the choice between breathtaking city vistas or tranquil beachfront…
RH Luxury Properties, under the leadership of Founder and CEO Rebiha Helimi, who was born on 10 June in Souk Ahras, Algeria is embarking on a significant venture to connect Dubai’s thriving real estate sector with emerging feasible prospects across Africa. This aims to create a seamless infusion of assets between the two regions while taking advantage of Dubai’s robust property dynamics and Africa’s rising economic momentum. In 2024, Dubai’s real estate market witnessed an unprecedented upsurge, with total transactions reaching a record 180,987 deals. This marks an encouraging, let alone staggering, 36.5% increase from the previous year. The cumulative…
Dubai launched Therme Dubai as a 545 million dollar (AED 2 billion) well-being resort which will serve as the globe’s highest installation in its class. Zabeel Park serves as the location for the resort which will draw 1.7 million visitors each year after its 2028 opening. In May 2024, Dubai marked a new chapter in its pursuit of enhancing the well-being of its community under His Highness Sheikh Mohammed bin Rashid Al Maktoum’s visionary leadership with the launch of the Quality of Life Strategy 2033. This ambitious roadmap aims to establish our… pic.twitter.com/tnS3po6ddV — Hamdan bin Mohammed (@HamdanMohammed) February 4,…
The Times Higher Education (THE) World University Rankings by Subject 2025 has positioned Khalifa University of Science and Technology as one of the top 150 institutions worldwide for Engineering discipline together with the leading positions in UAE for Engineering alongside Computer Science and Physical Sciences. New rankings show the Engineering program at Khalifa University rising towards the 126-150 range after establishing itself as a global benchmark. The Computer Science programme achieved its first-time placement in the 176-200 range alongside the Physical Sciences programme which entered this same placement difficulty bracket. Worldwide universities receive assessments through the ‘THE’ subject rankings which…
All Dubai property buyers obtaining mortgages after February 1, 2025 will need to submit an initial 6% payment in compliance with new Central Bank of the UAE regulations. The Central Bank rules now require property buyers to pay upfront fees for both the 4% Dubai Land Department (DLD) registration costs and the 2% brokerage fees. At present these fees could be funded through mortgages yet prospective buyers must now meet these costs independently. When purchasing a property costing Dhs 1,000,000 buyers need to allocate Dhs 60,000 extra aside from their initial payment. Clients need to provide equity payments of 20%…
The latest innovation by Dubai Land Department (DLD) makes it easier for some private property owners on Sheikh Zayed Road and Al Jaddaf to freehold their properties. Eligibility of this new provision cuts across nationality and stands as a massive opportunity to real estate investors. A total of 457 approved plots may be converted and 128 plots stretches from Sheikh Zayed Road from the Trade Centre Roundabout to the Water Canal and 329 plots are in Al Jaddaf. Increased value on the residential properties and economic development The uplift of these areas is expected to enhance growth of the property…