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18.05.20215797Demand for residential real estate has picked up faster than expected, Morgan Stanley states. According to Morgan Stanley's latest research, Dubai real estate prices are rising for the first time in six years amid higher demand and a slowdown of project launches since 2017. Citing consulting firm ValuStrat's report, it said there was a 1.2% month...
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17.05.20216840The first units in the first phase of Riviera will be handed over this summer. One of UAE's leading private developer Azizi Developments has started the construction of the fourth phase of Riviera, its flagship master planned community inspired by the French Mediterranean in MBR City in Dubai. Azizi’s fourth phase of Riviera is built at a project...
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15.05.2021623150 plots sold for USD 58.8 million, 417 apartments and villas sold for USD 222 million. 621 real estate and property transactions amounting to USD 408 million in total were recorded in Dubai during the week ending 10 May, 2021. 50 plots sold for USD 58.8 million, 417 apartments and villas sold for USD 222 million. The largest land transaction...
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14.05.20216611Investors from over 45 nationalities bought apartments in one of the developer's most popular project in Dubai Healthcare City. The development made about USD 100 million in sales. UAE's leading private developer Azizi Developments has announced the sale of 486 out of 645 units at its world-class Creek Views I project in Dubai Healthcare City. The...
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13.05.20216011From January to April 2021 the company recorded sales of over USD 136 million. One of UAE's leading real estate developer, Reportage Properties, recorded sales of over USD 136 million since the beginning of 2021, which is more than 200 percent higher compared to the first four months of 2020, when sales stood at USD 44.9 million. At the moment...
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12.05.20215699The number of off-plan transactions in April increased by 12.9 percent, which was the highest in 14 months. According to UAE's leading real estate portal Property Finder, the real state sector in Dubai witnessed solid activity last month recording a total of 4,832 property transactions worth USD 2.3 billion. Off-plan transactions increased by 12...
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12.05.202115401Real estate in Dubai is rather diverse and unique, as it includes residential and commercial stock, high-rise buildings and detached houses, and the most modern complexes. What’s more, Dubai has shown that it is a serious contender in the real estate sector. Especially, having completed the construction of some of the world’s tallest buildings to...
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11.05.20216110The company is keen to continue providing residential destinations that give residents a comfortable, safe and modern lifestyle. Ras Al Khaimah-based developer RAK Properties announced that its profits had increased by 433 percent during the first quarter of 2021. The company's profit for Q1 2021 amounted to a total of USD 17.4 million compared...
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10.05.202118488There is always a high demand for real estate in Dubai. However, one type has become increasingly more popular as of late, namely, apartments. And not only is it gaining popularity in Europe but in Asia as well. So the construction of apartments is on the increase in the United Arab Emirates, especially in Dubai. But this still doesn’t explain...
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07.05.20217339Emaar Development and VISA partner up to make the process of property purchase easier for customers. Dubai's developing company Emaar Development and global digital payment system VISA have tied up to allow customers in UAE to buy properties in Emaar projects using their debit and credit cards. Ahmad Al Matrooshi of Emaar Development said...
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