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24.07.20217083The robust sales during the first half of 2021 reflected the high performance and the attractiveness of the company’s projects. The developer Reportage Properties reported on Monday that its first-half sales surged 107 percent to USD 191 million as investors and end-users bought residential units fear of rising property prices. Islam Ahmed...
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23.07.20215840Prices in the emirate grew by 1 percent, while Dubai registered a slight drop, says JLL. Average residential sale prices in Abu Dhabi increased in the second quarter of the year amid the property market recovery and the launch of new villa projects, a new report issued by the consultancy JLL says. According to the report, house prices in the...
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22.07.20217425Nearly 30 percent of the development is sold – Sobha Realty sees a huge surge in demand for its villas and villa plots. Sobha Realty, a premium property developer based in Dubai, has announced that its iconic Sobha Hartland master project in Mohammed Bin Rashid Al Maktoum City overlooking Downtown Dubai is 50 percent complete. The project is...
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18.07.202112386Luxury real estate is a fundamental segment of UAE real estate market, which has largely determined the popularity of the region for tourists, ex-pats, and investors. The largest developers in the country have made their world renowned names in luxury real estate. This sector is the main reason many wealthy buyers, ex-pats, and investors have...
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15.07.20216443128 plots sold for USD 232 million, 1,218 apartments and villas sold for USD 759 million. 1,826 real estate and property transactions amounting to USD 1.4 billion in total were recorded in Dubai during the week from 8 to 15 July, 2021. 128 plots sold for USD 232 million, 1,218 apartments and villas sold for USD 759 million. The largest land...
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15.07.20219493Health tourism is currently one of the largest kinds of tourism. Before the 2020 pandemic, up to 20,000,000 people globally were participating in such tourism every year and the sector generated up to 80,000,000,000 US dollars. This is data for 2017-18. The average cost of a tourist per visit usually ranges from $ 3,000 to $ 10,000. Most tourists...
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14.07.20219525Property sales prices in Dubai increased between 6 percent to 20 percent in the first half of the year, says Bayut & Dubizzle. Sales and rents of properties in Dubai's most popular areas have jumped significantly in the first half of 2021 thanks to the government's proactive initiatives that have pushed up demand. The initiatives include...
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13.07.202114369United Arab Emirates is one of the most popular residential destinations for expats who are retiring. The region has a good climate - consistently warm and stable year-round weather. Naturally, this means that summers in this region are quite hot. However, the experience of living in such a climate for decades has forced the residents of the...
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13.07.20216445In June, Dubai’s property market maintained its resounding recovery and demonstrated resilience, with a 2.1 percent price spike, the eighth monthly surge in a row. European buyers, mostly end-users, tend to relocate their families to the relative safety of Dubai, which have been driving a significant rebound in the emirate’s property sector as...
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12.07.20216613The developer will use the funds to accelerate the ongoing construction work at Aljada. Arada, a developing company based in Sharjah, has secured additional funding in the amount of USD 68 million from Dubai Islamic Bank for ongoing construction of its megaproject Aljada. At the beginning of 2021 Arada has already secured USD 81 million from...
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