logo
#

Latest news with #MansoorMajid

Dubai property investors to see up to 10% returns in 2025-26 amid rising demand
Dubai property investors to see up to 10% returns in 2025-26 amid rising demand

Khaleej Times

time2 days ago

  • Business
  • Khaleej Times

Dubai property investors to see up to 10% returns in 2025-26 amid rising demand

Property investors in Dubai can expect returns of eight to 10 per cent in 2025-26 — among the highest globally — driven by robust demand and a steadily growing population, according to industry executives. Speaking to Khaleej Times, Mansoor Majid, CEO of Majid Developments, projected continued strong returns for investors in 2025 and beyond. He attributed this growth to sustained demand as Dubai remains a magnet for both investors and residents. 'The government has a clear and effective strategy to attract investment and stimulate demand. Projects are often sold out even before their official launch. With the city's ongoing expansion and increasing population, we anticipate even higher investor returns next year,' Majid said. Dubai's population is expected to reach four million by the end of 2025, further reinforcing the city's appeal. The emirate added 102,590 new residents in the first half of 2025 alone — an average of 566 people per day. Since the Covid-19 pandemic, property prices in Dubai have seen consistent growth, positioning it as one of the most lucrative real estate markets worldwide. Real estate brokerage firm Haus and Haus highlighted Dubai's performance in contrast to other major cities, which typically offer property yields between two and five per cent. 'Dubai stands out on the global stage. Buyers are now more focused on properties with premium quality, modern amenities, strategic accessibility, and well-planned communities,' the firm said. According to Haus and Haus, a short supply of villas and townhouses has fuelled significant price increases — 18.6 per cent for townhouses and 37.1 per cent for villas year-on-year. Apartment prices, by comparison, have seen a more modest 5.7 per cent rise. Entry-level investors and young professionals continue to drive demand for apartments, underscoring their popularity across the city's real estate landscape, it said. Mansoor Majid also noted a sharp uptick in European interest, particularly from French investors. 'All of our clients at the moment are French. They're drawn to Dubai's vision, investment-friendly environment, and competitive pricing,' he said, adding that branded residences are in especially high demand. Majid dismissed any likelihood of a market correction, citing Dubai's relative affordability compared to other major global cities. Speaking on the sidelines of Majid Developments' latest launch, Arlington Park, he also highlighted a 15 per cent year-on-year increase in construction costs, driven by rising global demand for materials and ongoing geopolitical tensions. 'Steel, concrete, and cement prices have all surged, putting pressure on construction budgets,' he said.

Dubai real estate: Majid Developments launches Arlington Park with 140 units in Dubai Land
Dubai real estate: Majid Developments launches Arlington Park with 140 units in Dubai Land

Arabian Business

time10-07-2025

  • Business
  • Arabian Business

Dubai real estate: Majid Developments launches Arlington Park with 140 units in Dubai Land

Majid Developments has launched Arlington Park, a residential community in Dubai Land Residence Complex (DLRC). The project marks the company's second development following Mayfair Gardens in Jumeirah Garden City. The development comprises 140 residential units across studios, one-bedroom, and two-bedroom apartments. Units are available in furnished and semi-furnished formats with amenities including an infinity pool, gym, sauna, co-working space and game room. A new community in Dubai Land Construction began on June 19, 2025, with the developer breaking ground before launching public sales. The Expression of Interest phase attracted demand that indicates the project is committed ahead of the sales release. 'Arlington Park reflects our dedication to creating lasting value through thoughtfully designed homes that enhance the quality of community living. In a fast-evolving city like Dubai, our focus remains on delivering purpose-driven projects that are sustainable, investor-smart, and deeply attuned to the needs of the modern resident,' Mansoor Majid, CEO of Majid Developments said. The company positions itself as a design-led developer with a boutique approach, focusing on locations, architecture, and amenity-rich living environments for lifestyle and investment priorities. 'From day one, we've committed ourselves to creating homes that feel considered, comfortable, and connected. Arlington Park is a continuation of that mission – a community where design, location, and lifestyle converge to deliver real, long-term value. As COO, I'm proud of the operational precision and market insight that went into shaping this project from the ground up,' Mustafa Majid, COO of Majid Developments added. Majid Developments operates with lean execution and a hands-on development approach. The leadership team brings experience across Dubai's real estate and development sectors, with each project driven by design integrity, market awareness, and vision for value creation. The launch comes as Dubai's property market continues to attract investor interest and meet rising demand from end-users. Majid Developments aims to play a role in shaping Dubai's next generation of neighbourhoods whilst delivering projects that enrich the city's urban fabric.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store