Latest news with #JoshGilbert
Arabian Business
5 days ago
- Business
- Arabian Business
UAE real estate: Dubai, Abu Dhabi branded residences drive record $16.9bn property sales
The UAE property market has recorded AED 62.1 billion in transactions during April 2025, with branded residences emerging as the sector driving growth across Dubai and Abu Dhabi. Josh Gilbert, Market Analyst at eToro, said the figures demonstrate 'growing demand across residential, commercial, and luxury segments' as the branded residences market becomes 'the hottest thing in the UAE's luxury property sector.' Abu Dhabi's branded residences quadrupled over the past year, with luxury sales reaching AED 6.3 billion in 2024. The growth reflects demand from investors and high-net-worth individuals seeking exclusivity. Aldar, Emaar lead UAE property growth as transactions hit AED62.1bn Emaar has positioned itself at the forefront of branded residence development through partnerships with international luxury brands. The company's projects include Armani Residences, The Address, and Palace Residences. The developer continues expansion in Downtown Dubai, Dubai Hills, and the Marina. Emaar's share price has risen over 60 per cent in the past 12 months, reflecting the company's performance amid record transaction volumes. Gilbert noted that Emaar is 'arguably the biggest beneficiary of the UAE's real estate upswing' with the company 'everywhere across the skyline in Dubai.' Aldar, headquartered in Abu Dhabi, has announced Nobu Residences on Saadiyat Island as part of its strategy to mirror Dubai's branded residence model. Saadiyat Island is developing as a luxury hub. The company continues building presence in the UAE luxury market through partnerships with international brands. Gilbert said 'the growth of branded residences in Abu Dhabi suggests that the capital is catching up to Dubai's pace, which could allow Aldar to unlock meaningful value for investors.' The UAE real estate market growth stems from population growth, tourism increases, economic diversification efforts, and attraction of international corporations. Gilbert said the growth 'reflects solid fundamentals of robust population growth, surging tourism, ongoing efforts to diversify the economy and the appeal of the biggest corporate names in the world, underscored by these branded residences.' Emaar, Aldar, and Deyaar are positioned to benefit from demand for branded projects as Dubai and Abu Dhabi continue attracting international capital into their property markets. The transaction figures represent the latest record in the UAE's property sector performance in 2025.
Al Bawaba
5 days ago
- Business
- Al Bawaba
Transactions Soar to AED 62.1 Billion as UAE Branded Residences Attract Global Capital
The UAE's real estate market continues to set fresh records in 2025, remarks Josh Gilbert, Market Analyst at eToro. April alone saw AED 62.1 billion in real estate transactions, highlighting growing demand across residential, commercial, and luxury segments. One area in particular gaining attention is the branded residences market, which is quickly becoming the hottest thing in the UAE's luxury property sector. According to recent data, Abu Dhabi's branded residences quadrupled over the past year, and luxury sales topped AED 6.3 billion in 2024. The growth in branded residences across the UAE reflects growing demand from affluent investors and high-net-worth individuals seeking exclusivity. This surge is not just reshaping the skyline but also creating compelling opportunities for listed real estate developers. Emaar is arguably the biggest beneficiary of the UAE's real estate upswing. The company is everywhere across the skyline in Dubai and is at the forefront of branded residence development with high-profile projects like Armani Residences, The Address, and Palace Residences. These properties have leveraged partnerships with global luxury brands to offer a premium lifestyle, which is appealing to international investors. The company is continuing to move from strength to strength with ongoing expansions in Downtown Dubai, Dubai Hills, and the Marina. With the city's record-breaking transaction volumes and continued influx of wealthy buyers, Emaar's diversified portfolio and brand power position it strongly for further growth. This is reflected in Emaar's share price, up over 60% in the last 12 months. Aldar, headquartered in Abu Dhabi, is increasingly mirroring Dubai's model by embracing branded residences. The recently announced Nobu Residences on Saadiyat Island adds to its growing luxury pipeline. Saadiyat is emerging as a luxury hub, and Aldar is taking full advantage of this trend. It's not just Saadiyat, though. Aldar continues to build a broader presence in the UAE luxury market. Its strategy to work with iconic global brands aligns with the rising demand for these ultra-premium homes. The growth of branded residences in Abu Dhabi suggests that the capital is catching up to Dubai's pace, which could allow Aldar to unlock meaningful value for investors. The growth in the UAE real estate market reflects solid fundamentals of robust population growth, surging tourism, ongoing efforts to diversify the economy and the appeal of the biggest corporate names in the world, underscored by these branded residences. For investors, this opens new avenues for growth, particularly through developers with exposure to high-end and branded projects. Emaar, Aldar, and Deyaar are each positioned to benefit from this demand in different ways, making them worth watching as Dubai and Abu Dhabi continue to attract global capital into their real estate markets.
West Australian
06-06-2025
- Business
- West Australian
‘Uncertain macro backdrop': ASX slips ahead of jobs figures
Cautious investors sold down the ASX on a quiet day of trading on Friday, despite the US and China resuming trade talks, as markets await critical jobs data out of the US. The benchmark ASX 200 index slipped for the second consecutive day of trading falling by 23.20 points or 0.27 per cent to 8,515.70. The ASX200 has now recorded four consecutive weekly gains. The broader All Ordinaries fell during Friday's trading, down 26.70 points or 0.30 power cent to 8,741.90. The Australian dollar also is down 0.21 per cent and is now buying 64.95 US cents. On an overall bleak day on the market, nine of the 11 sectors finished in the red with just energy, industrials and utilities gaining ground. Woodside Energy gained 0.97 per cent to $22.94, while Santos is up 0.61 per cent to $6.58 as the price of Brent crude oil continues to recover over the week's trading. Industrials also had a strong day led by Qantas Airways which jumped 3.46 per cent to $10.76 despite the news Virgin Australia is looking to re-list. Transurban shares also rose 0.63 per cent to $14.38, and Computershares Limited rose 0.83 per cent to $41.08. CBA shares slipped from its record highs down 0.79 per cent to $179.90, Westpac fell 0.24 per cent to $33.18 and ANZ traded 0.44 per cent lower to $29.50. NAB was the only big four bank to finish in the eking out a 0.18 per cent gain and to close Friday's trading at $38.58. eToro market analyst Josh Gilbert said initially there was optimism on the markets following 'very good' trade talks between Washington and Beijing. But this quickly changed after a public spat between former friends President Donald Trump and Tesla chief executive Elon Musk. 'This will provide a hit to overall market sentiment, particularly tech, but may not be long-lasting for anyone other than Tesla,' Mr Gilbert said. The overall lower volumes on the ASX comes as investors await the latest payroll data out of the US. 'The uncertain macro backdrop continues to provide a hurdle for risk-on sentiment, and cooling US economic data is leaving investors unassured,' Mr Gilbert said. 'With the labour market heavily in focus, the print this evening will be essential for market direction.' Mr Gilbert said negative economic data released throughout the week could actually help drive the ASX 200 higher. 'The weaker-than-expected GDP data this week also drives the expectation for further rate cuts, further supporting the market optimism,' he said. In corporate news, Worley shares fell 0.46 per cent to $13.08 despite the business announcing it had won a contract with Glenfarne to help support engineering work on its Alaska LNG pipeline. Shares in gold miner West Cobar Metals soared 60 per cent to $0.024 after announcing it has completed the acquisition of the Mystique Gold Project in Fraser Range, Western Australia.
News.com.au
05-06-2025
- Business
- News.com.au
‘Great month': ASX 200 sees strong performance amid investors' ‘risk-on' strategies
eToro Market Analyst Josh Gilbert says the ASX 200 has had a 'great month' because of investors employing 'risk-on' sentiments. 'Great month, I think, for the ASX all in all,' Mr Gilbert told Sky News host Ed Boyd. 'And it's really come from this sort of risk-on sentiment that we're seeing from investors … been sort of dubbed, the taco, right, from President Trump. 'So, really, investors are seeing some positivity in markets going risk-on, and that's shown in the Bitcoin price … really strong performance from the tech sector.'
News.com.au
05-06-2025
- Business
- News.com.au
‘Compelling': Strides in gold mine production mirror increase in gold price
eToro Market Analyst Josh Gilbert discusses the price of gold and its importance in investors' portfolios. 'It's come from that gold price obviously rallying, the two don't always move in tandem,' Mr Gilbert told Sky News host Ed Boyd. 'But when we're seeing these gold miners being able to, you know, essentially make more money from the gold they're producing, often we'll see those gold miners follow suit. 'There is a compelling case, really, for this increasing long-term exposure to gold … it deserves a place in a portfolio.'
