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24.03.20218493The development comprises six buildings that include 612 residential units. Alef Group, a developing company based in Sharjah, has announced the start of construction work on the third phase of its project Al Mamsha, at a total value of over USD 58 million. The development comprises six buildings that include 612 residential units: a mix of...
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23.03.20218851The company's new landmark development is due to open by October 2021. The 52-storey Palm Tower, Nakheel’s new landmark development on Dubai’s Palm Jumeirah, is now almost 95 percent complete. All components of the project are due to open by October this year. According to Nakheel's press release issued on Sunday, the 240-meters high...
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22.03.202117599Purchasing real estate for investment purposes is a popular practice in the UAE. Especially, since this is a country where all the necessary conditions are created to provide business profitability for investors who are purchasing or renting out housing. Following this then, we will talk about where in the United Arab Emirates it is more profitable...
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22.03.20217859In February, 67 percent of overall transactions accounted for secondary/ready properties and 33 percent were for off-plan properties. According the 12th edition of Mo’asher, Dubai’s official sales price index launched by Dubai Land Department in cooperation with Property Finder, Dubai’s real estate market recorded 3,787 sales transactions worth...
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21.03.20218256February saw 1,818 transactions for various types of property. According to Sharjah Real Estate Registration Department, 1,818 transactions with a value of USD 953 million were registered in the emirate in February 2021. The Department Director-General Abdul Aziz Ahmed Al Shamsi explained that the number of sales transactions in the emirate was...
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20.03.20217873The developer plans to hand over 46 projects that comprise over 10,000 units this year alone. Azizi Developments, a leading private developer in UAE, has started the handover of homes at its key project, Shaista, a well-connected residential and commercial compleх in the heart of Dubai’s new, fast-growing district, Al Furjan. The Shaista building...
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19.03.20217830104 plots sold for USD 149 million, 900 apartments and villas sold for USD 707 million. 1,495 real estate and property transactions amounting to USD 1.5 billion in total were recorded in Dubai during the week from 11 to 18 March 2021. 104 plots were sold for USD 149 million, 900 apartments and villas were sold for USD 707 million. The largest...
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18.03.202111002The 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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17.03.20217935Resilience 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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16.03.20218979The 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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