The Real Estate Regulatory Authority of Dubai, or RERA, has taken strong action against deceptive online real estate advertisements, which is a big change for the real estate market in the city.

According to a recent report, Dubai and Sydney are predicted to have the greatest increases in prime residential property values in 2024, maintaining their status as the best luxury housing markets.

The consolidated financial results show that Rak Properties’ net profit for 2023 was AED 201.81 million, up from AED 30.78 million in 2022.

Following the sold-out launch of Rove Home Downtown, Rove Hotels and IRTH have signed two new properties in Dubai, including the upcoming Rove Home Marasi Drive

The largest publicly traded developer in Dubai, Emaar Properties, announced a 70% year-over-year increase in net profit for the fiscal year 2023.

For the third year in a row, Aldar Properties exceeded expectations, with a 40% increase in net profit to Dh4.4 billion in 2023. This was on top of Dh14.2 billion in revenue, which had increased by 26...