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25.04.20216269Real estate prices have stabilized for the first time in five years, according to Tellimer Research. Dubai's property sector is starting to reap rewards of UAE's successful vaccination campaign – real estate prices has rose in the first quarter of 2021 and stabilized for the first time in five years, says Tellimer Research. 'A more open living...
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24.04.20217137The company said, the buyer had purchased a one-bedroom residential unit in Creek Views II. Property developer Azizi Developments announced on Thursday that it has facilitated the transaction of the first-ever Dubai property sold and registered to an Israeli buyer since the normalization of ties between UAE and Israel. In a statement, Azizi...
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23.04.20215577Property transactions in Q1 2021 achieved a significant growth of 27 percent, says DLD's real estate bulletin. 6,590 real estate transactions worth USD 6.2 billion in total were recorded in Dubai in March 2021, the Dubai Land Department (DLD) states in its recent real estate bulletin under the name Real Estate Updates. According to the bulletin,...
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22.04.2021580493 plots sold for USD 139.8 million, 1,086 apartments and villas sold for USD 479 million. 1,638 real estate and property transactions amounting to USD 1 billion in total were recorded in Dubai during the week from 15 to 22 April, 2021, says the report issued by the Dubai Land Department (DLD) on Thursday. 93 plots sold for USD 139.8 million,...
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20.04.202117169Dubai’s housing market is surprisingly multi-faceted. Every year, hundreds of stylish new “luxury” properties are on display in the real estate market. This ensures that favorable conditions for a high standard of living, including family leisure time are constantly recreated and maintained. Although, it has not gone unnoticed that throughout this...
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20.04.20216074According to the latest ValuStrat findings, villa and townhouse rents went up by 3.9 percent. Housing costs in Dubai continued to go down in the first three months of the year, overall residential rents fell by an average of 11 percent compared to last year, data from real estate consultancy ValuStrat showed. From January to March 2021,...
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19.04.20215968My Nakheel offers over 90 services as well as the added convenience of voice messaging and photo uploads. Dubai-based developer Nakheel has recently launched My Nakheel smartphone app and now over 43,000 Nakheel investors and residential leasing tenants have got a virtual property assistant in their pocket. My Nakheel, now available for...
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18.04.202111170Since its inception in 2020, the COVID-19 pandemic has become a serious test of strength for all countries. Yet, despite the lockdown, Dubai has demonstrated sustainable growth in the real estate sector. In addition, it has managed to maintain the top sales position in both the primary and secondary housing markets. However, this wasn’t without...
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18.04.20216932Aldhay is located on the Eastern Mangrove Corniche and is part of Bloom Gardens, Bloom Properties’ master planned community. Leading Abu Dhabi-based real estate development company, Bloom Properties, announced that the first phase of Aldhay sold out within a remarkable six hours of release onto the market. The company also announced that it...
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17.04.20216422Quarterly revenue rose to USD 4.14 million at the end of March from USD 707 thousand, a year earlier on project delivery. Dubai's real estate developer Deyaar Development announced that its first quarter net profit jumped more than five times as revenue increased on project delivery. Net income for three months, from January to March 2021,...
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