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30.06.20217955The development, named Saadiyat Reserve/The Dunes, consists of 83 four- and five-bedroom villas. Aldar Properties, Abu Dhabi’s biggest developer, announced the last phase of the Saadiyat Reserve residential project, located on Saadiyat Island. Named Saadiyat Reserve/The Dunes, the new phase comprises 83 four- and five-bedroom villas, Aldar...
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30.06.202131502The United Arab Emirates is a relatively young yet rapidly evolving and self-sufficient investment market. Although, the UAE real estate market has many features common for other countries, it also possesses a substantial share of unique characteristics. These peculiarities include aspects such as terminology, documentation, and investor conduct...
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28.06.20217779The number of luxury properties sold in the emirate in 2021 is more than in the whole of 2020. 22 luxury properties worth USD 770 million have already been sold in Dubai in 2021, while only 19 similar properties were sold in the whole of 2020. According to the real estate company Knight Frank, the trend towards buying homes worth USD 10 million...
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27.06.2021910850 percent of 100 investors surveyed by SmartCrowd believe that Dubai's real estate market has already 'bottomed out'. SmartCrowd, a property investment platform regulated by the Dubai Financial Services Authority (DFSA), has named the top six areas most popular among investors interested in property crowdfunding in Dubai. It follows a recent poll...
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26.06.20219890Decline in rentals and house prices are considered to be the major reason for increased affordability of the cities. UAE has become more affordable for expatriates in 2021 as cost of living in the country’s two major cities, Dubai and Abu Dhabi, dropped significantly, states Mercer in its latest report. Dubai moved from 23rd to 42nd place in the...
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25.06.202110359The ownership of the housing units that are available for purchase in the Aras Residence project is freehold for all nationalities. Aras Group, a Dubai-based real estate company, has announced the launch of its first real estate project in Majan. The project is named Aras Residence and valued at USD 20 million. Aras Residence is the company's...
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24.06.2021881498 plots sold for USD 186 million, 1,336 apartments and villas sold for USD 705 million. 1,982 real estate and property transactions amounting to USD 2.09 billion in total were recorded in Dubai during the week from 18 to 24 June, 2021. 98 plots sold for USD 186 million, 1,336 apartments and villas sold for USD 705 million. Two largest land...
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24.06.20218723The Emirates is the only country in the GCC to make the world's top 30 for the highest concentration of green buildings. UAE is the leading country in the Gulf region and 14th in the world for the highest concentration of sustainable buildings. There 869-green rated buildings in the country in total. According to the real estate firm Knight...
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23.06.202112462The real estate market is often subject to contradictory situations. More specifically, the real estate market in Dubai is no different and has often observed this same pattern. For instance, when the cost of a middle sector property in a large business center is equal to the cost of a premium-class property in a secluded, picturesque and...
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22.06.20218759The company's total sales reached record quarterly amounts and grew by 2400 percent compared to the last quarter of 2020. Lootah Real Estate Development (LRED), one of Dubai's leading property developers and real estate service providers dealing in master-planned, mixed-use communities and innovative lifestyle developments has reported a 450...
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