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22.04.2021733193 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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20.04.202119576Dubai’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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20.04.20217685According 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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19.04.20217834My 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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18.04.202113272Since 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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18.04.20219001Aldhay 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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17.04.20217940Quarterly 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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16.04.202128081The United Arab Emirates is one of the most economically and politically stable countries in the world. Competent management and economic diversification have brought the UAE to a new standard of living. Dubai occupies a key place in this economic miracle. This technological and ultra-modern metropolis is rightfully among the top 10 most developed...
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16.04.20218116Apartments in Al Khail Heights, Discovery Gardens and Remraam have all offered over 8 percent average gross investment yields. Investing in Dubai’s residential property market usually brings to mind luxury villas and penthouses but a recent report shows that affordable apartments are currently offering the highest returns on investments...
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15.04.20217184135 plots sold for USD 171 million, 1107 apartments and villas sold for USD 558 million. 1,733 real estate and property transactions amounting to USD 1.17 billion in total were recorded in Dubai during the week from 8 to 15 April 2021. 135 plots sold for USD 171 million, 1107 apartments and villas sold for USD 558 million. The largest land...
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