Savills Middle East

Transaction Closed! Savills Middle East is delighted to announce the sale of 185 income-producing residential units in Al Durrah Tower, Reem Island, Abu Dhabi. The portfolio was sold to a single investor for a price in excess of AED 300 million / $82 million. “We are very pleased to have advised on this significant transaction that further underlines the strong investor appetite for high quality accommodation in prime locations across Abu Dhabi.” Edward Price, Head of Middle East Capital Markets. For more information and to discuss your specific requirement, please contact our Capital Markets team or Savills Abu Dhabi below. Edward Price | Samuel Norris | Ben Szczepanski | Stephen Forbes MRICS #SavillsMiddleEast #CapitalMarkets #Investment #RealEstate #SavillsAbuDhabi #AbuDhabi #AbuDhabiRealEstate #Residential

It’s out - our latest Dubai Residential Market Report, highlighting another exceptional year for Dubai’s residential real estate sector. With a 47% year-on-year increase in transaction volumes, off-plan making up 68% of total sales, and over 50,000 new units launched, 2024 has been one of the most exciting years for the real estate sector in Dubai. Our latest report provides a detailed analysis of the key trends driving the market. From the rise in demand for luxury housing to the dominance of submarkets like Zone 6, Dubai continues to attract high-net-worth individuals and global investors alike. Click here for detailed findings: http://savi.li/6043UrNYD Andrew Cummings | Lynda Campbell | CLADIA ANNA JOSE #SavillsMiddleEast #SavillsDubai #Dubai #Residential #RealEstate #DubaiRealEstate #RealEstateInvesting #LuxuryRealEstate #RealEstateNews #DubaiProperties

We’re excited to welcome Sunil Parmar BSc(Hons) MRICS to lead Building Surveying services at Savills Middle East. With a strong background in the field, Sunil will be spearheading efforts to support clients with strategic insights and practical solutions for their property portfolios. His focus will be on helping clients unlock value and ensure smooth project delivery across all stages of the property lifecycle. This marks an important step in expanding our expertise and meeting the growing needs of the region’s evolving real estate market. Welcome aboard, Sunil! #SavillsMiddleEast #BuildingandProjectsConsultancy #RealEstate #DubaiRealEstate

We need your support! We're thrilled to share that Savills has been nominated in the Bayut awards for the 'Agency of the year 2024 (Premium)' category. Every vote brings us closer to winning this prestigious recognition, and we’d be so grateful if you could help us make it happen. Voting Link: http://savi.li/6046Uz2dC This nomination is a huge honour and reflects the incredible support we’ve received from our partners, clients, and from you! Bayut.com #SavillsMiddleEast #Bayut #Awards #Dubai #UAE #RealEstate #DubaiRealEstate #BayutUAE #BayutAwards2024

The global real estate market is poised for a major rebound, with investment activity projected to grow by 27% in 2025 and exceed $1 trillion by 2026. The Middle East and North Africa (MENA) region, including key markets like the UAE, Saudi Arabia, and Egypt, is well-positioned to benefit from these positive trends. Infrastructure development, visionary economic initiatives, and rising demand across various sectors are driving growth in the region. Sustainability will take centre stage for real estate investment in MENA. From adopting green building practices and renewable energy projects to prioritising sustainable urban planning, the region is aligning with global priorities and meeting the growing demand for environmentally conscious investments. Discover what lies ahead for the office, retail, and industrial & logistics sector this year: http://savi.li/6041UKd0v Richard Paul | Paul Tostevin #SavillsMiddleEast #SavillsImpacts #MENA #MiddleEast #Investment #RealEstate #Sustainability #Office #Retail #Industrial #Logistics

The number of international schools globally has risen by more than 50% in the past decade. In the UAE alone, there are 827 international schools, with half of them located in Dubai. How has this rapid growth impacted the city’s real estate market? In an article by the Financial Times, Alec (AJ) Smith, Head of Sales and Leasing at Savills, shares his insights on how the surge in new international schools has influenced Dubai’s property prices. Read the full article here: http://sav.li/104o #SavillsMiddleEast #Dubai #UAE #FinancialTimes #DubaiRealEstate #RealEstate #DubaiProperties

We are thrilled to announce that Savills Middle East has been appointed as the master agent for the sale of Mr. C Residences Downtown, developed by Alta Real Estate Development. It is the second property and the latest addition to the Mr. C portfolio in Dubai. Mr. C, created by brothers Ignazio and Maggio, members of the fourth generation of the Cipriani family, is known globally for its portfolio of hotels, restaurants and residences. Read more about the project here: http://savi.li/6040U8z3K Please get in touch with our sales team for more information: Andrew Cummings | Marc Tennant #SavillsMiddleEst #Dubai #MrCResidences #LuxuryLiving #DowntownDubai #DubaiRealEstate #MiddleEastLuxury #LuxuryLifestyle #InvestInDubai

Continuing with the theme of exploring the impact of Dubai's new smart rental index, our Head of Property Management, Rachael Kennerley, MRICS, shared her thoughts with Arabian Business. The new system introduces a building-specific approach to rent calculations, ensuring fairness and transparency for tenants while reflecting live market trends. Rachael also emphasised the opportunities for landlords to invest in property upgrades, aligning with the system’s focus on quality and sustainability. Read the full article here: http://savi.li/6042ohuvy #SavillsMiddleEast #RealEstate #PropertyManagement #Dubai #RentalIndex2025 #DubaiRealEstate

In June 2024, one of the Big Four accounting firms EY, proudly inaugurated their head office for Rapid Innovation Private Limited, showcasing a cutting-edge design that combines open-plan, collaborative, and communal workspaces—perfectly aligned with today’s needs. Savills was honoured to support EY with design, and project management services for their offices located in Dolmen Sky Tower, Karachi, and Naveena Tower, Lahore. Spanning 100,000 sq. ft., these spaces reflect innovation and functionality at their finest. Despite logistical challenges posed by global events, our dedicated team worked with design experts, contractors, and vendors to deliver this exceptional project on time and within budget. Savills team: Hammad Rana, Zain Makhdumi, ouzair saleem and Zeeshan Amjad Architecture Consultant: Coalesce Design Studio Electrical and IT Consultant: ElekEn Associates Mechanical and Plumbing Consultant: SEM Engineers & FND (Pvt.) Ltd. Consulting Engineers. General Contractor: IK Associates , MY INTERIORS (PVT.) LTD. & Total Construction Furniture Supplier: Steelcase, MillerKnoll, & Intera EY in Pakistan #SavillsMiddleEast #SavillsPakistan #Pakistan #Karachi #Lahore #Consultancy #RealEstate

With the launch of Dubai’s new Smart Rental Index, could rents drop in some older buildings with outdated facilities? This new system by the Dubai Land Department considers factors such as building classifications, rental histories, and area dynamics to provide a more accurate and transparent approach to rental valuations. Alec (AJ) Smith, Head of Sales and Leasing at Savills Middle East, shares his expert insights on this transformative development in the market in this article for Khaleej Times. Read the full article here: http://savi.li/6043o2ZQh