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18.03.20218874The new 2040 Urban Master Plan that is expected to make Dubai the world’s best city to live in, will finally approach the problem of the huge housing supply glut in the emirate, says a property analyst. According to the ambitious plan, that was announced last weekend, Dubai’s spaces allotted for recreation, public parks and green areas will...
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17.03.20215864Resilience of Dubai's property sector has boosted the trust of local and international investors in the emirate’s real estate environment. The findings of the Dubai Land Department's latest real estate bulletin reflect the flexibility of Dubai’s real estate sector since the beginning of 2021 and its adaptation to the current circumstances related...
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16.03.20216936The first phase of sales for Vida Residences Aljada received an excellent response from both investors and end-users. UAE developer Arada has launched sales of the second branded residences building of Vida Residences Aljada. The project is being developed in partnership with Emaar Hospitality in Sharjah. The Vida Aljada project...
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15.03.20219566Though Abu Dhabi's cityscape does not reach the heights of its neighbour, Dubai, it has significantly grown taller over the past 50 years. UAE is an absolute feast for modern architecture fans. Barely a month passes without another new glistening skyscraper springing up in Dubai or Abu Dhabi. But some residents remember a time when it was...
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14.03.20218330The sale is the second highest residential sale in Dubai’s history the highest in over six years. Leading luxury brokerage in Dubai LuxuryProperty has sold a high-class mansion on the Palm Jumeirah, Dubai, for a record-breaking sum of USD 30.3 million. The sale is the second highest residential sale in Dubai’s history the highest in over six...
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13.03.20216308The initiative kicks off on 12 March with clean-ups at Discovery Gardens and Jumeirah Village Circle this weekend. Nakheel is launching a new environmental awareness campaign at its master developments across Dubai that will kick off with community clean-ups at Discovery Gardens and Jumeirah Village Circle this weekend. Nakheel Community...
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12.03.20216412Is Dubai’s reals estate sector making a dramatic transition to a seller’s market despite the lingering effects of the economic slowdown caused by the pandemic? Property experts say they are witnessing such a shift with the ratio of buyer enquiries far exceeding the new supply. 'Ready properties of high-quality finishes that are kept well are in...
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11.03.2021544395 plots sold for USD 170 million, 858 apartments and villas sold for USD 468 million. 1,367 real estate and property transactions amounting to USD 1.3 billion in total were recorded in Dubai during the week from 4 to 11 March 2021. 95 plots sold for USD 170 million, 858 apartments and villas sold for USD 468 million. The largest land...
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10.03.20216234February 2021 turned out to be the busiest month for the emirate's secondary market in seven years. Dubai’s secondary housing market witnessed the busiest month in seven years: eager buyers snapped up over USD 1.6 billion worth of completed residential properties in less than 30 days. According to the Property Finder data, 2,650 ready units were...
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09.03.20216983At 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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