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24.05.20217610187,949 contracts were registered in the Ejari system during the abovementioned period. Dubai recorded 25,455 real estate transactions worth USD 25 billion from January to April 2021. This is an increase of 51 percent in terms of the number of transactions and 72 percent in terms of their value compared to the same period in 2020. Dubai's real...
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23.05.202110686Buying off-plan property is a good option for investors looking for a more affordable price. Compared to ready-to-use properties off-plan units or those that are still on the plan are less expensive. Below are eight useful tips that a real estate investor should take into account when purchasing off-plan property in UAE. 1...
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22.05.20217753Murooj Al Furjan includes two new gated communities with family villas and a wealth of amenities. Nakheel, a Dubai-based master developer, has launched Murooj Al Furjan, a residential community comprising 418 villas at Al Furjan, of its largest and most popular mixed-use developments in Dubai. Murooj Al Furjan includes two new gated communities...
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21.05.202110424The 592-unit, 35-storey building is scheduled for completion in September 2023. Sobha Realty, a developer based in Dubai, unveiled on Wednesday the launch of Waves residential tower in Sobha Hartland, the eight million square feet freehold master development in Dubai's Mohammed Bin Rashid Al Maktoum City. The 592-unit, 35-storey building is...
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20.05.20217760120 plots sold for USD 238 million; 1,038 apartments and villas sold for USD 552 million. 1,562 real estate and property transactions amounting to USD 1.1 billion in total were recorded in Dubai during the week from 13 to 20 May, 2021. 120 plots sold for USD 238 million; 1,038 apartments and villas sold for USD 552 million. The largest land...
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19.05.202113998Against the backdrop of the 2020 pandemic, there have been new changes regarding the acquisition of real estate by foreigners. A year ago, the Dubai Lands Department (DLD) officially authorized remotely conducting purchase and sale transactions, and leasing commercial and residential properties through special online services. It is now possible to...
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19.05.20218571The 59-units building is located within the Maryam Gate Residences community, the second phase of the Maryam Island mega project. Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, is launching Shams Residences on Maryam Island, a first-of-its-kind luxury waterfront development in...
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18.05.20217549Demand 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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17.05.20218839The 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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15.05.2021788350 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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