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09.03.20215809At the moment Azizi's sales volume has reached a healthy level with 12 to 15 units being sold per day. Leading UAE developer Azizi Developments has announced that its unit sales have reached their pre-pandemic levels as of March 2021. Sales had notably decreased during the lockdown but once it was lifted Azizi began selling around five to six...
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07.03.20215326The Nest complex will cover an area of over 388,000 square feet and comprise 12 five-storey apartment blocks. Arada was once again hit UAE real estate news headlines when the group announced it was building an integrated student housing complex in Aljada known as the Nest with the participation of a Sharjah-based contractor, Intermass Engineering...
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06.03.20216270The Palm Jumeirah is the largest man-made island in the world and it is also home to some of the most luxurious and extravagant beachfront properties in UAE. Below you'll find the list of the most expensive properties located on the iconic island. Three most expensive villas on the island are located in the community called Garden Homes...
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05.03.20214884113 plots sold for USD 142 million; 1036 apartments and villas sold for USD 509 million. 1,541 real estate and property transactions amounting to USD 1.23 billion in total were recorded in Dubai during the week from 25 February to 4 March 2021. 113 plots were sold for USD 142 million; 1036 apartments and villas were sold for USD 509 million. The...
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04.03.20214859454 real estate transactions were registered in Ajman during February. The emirate's property market performance is stable. According to the monthly report issued by the Department of Lands and Real Estate Regulation in Ajman, the value of real estate transactions in the northern emirate amounted to USD 216 million in February 2021. The report...
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03.03.20215362Sharjah-based real estate development company Alef Group has announced the launch of Al Mamsha Edge, the latest phase of the Al Mamsha project, comprising distinctive one-bedroom residential units. The prices of apartments in Al Mamsha Edge start from USD 132 thousand. Launched under the slogan ‘Your Home, Your Style’, Al Mamsha Edge includes 159...
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02.03.20214963Dubai’s real estate market will not recover in 2021 as the COVID-19 shocks of 2020 will continue to impact the economy, S&P Global Ratings said. Since the beginning of the coronavirus pandemic the property sector has been subdued. The oversupplied market has witnessed the number of empty homes increasing due to the outflow of expatriates after...
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01.03.202120704When you plan to invest in housing in the United Arab Emirates to earn money, the most important issues to consider are apartment prices and the condition of the local real estate market. Before you buy a property in order to resell or rent it out, you need to study the average cost per square meter as well as what volume of housing in different...
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01.03.20214979According to the new survey, the majority of UAE residents believe that rents and property prices almost bottomed out and will either stabilize or go up over the next 12 months. The study, released by Peninsula Research, showed that 53 percent of UAE residents expect prices and rents to become stable or go up in the next year. These results...
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28.02.20215216The company said tenants could also take advantage of a 20 percent food and beverage discount at the adjacent five-star Oaks Ibn Battuta Gate Dubai Hotel. Luxury residential and hospitality property developer Seven Tides has launched attractive new rental rates, with a two-month rent free period, for new tenants at Discovery Gardens and The...
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