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17.02.20215280Due to "sustained interest from investors, both domestic and foreign", Emaar managed to achieve USD 2.9 billion worth of property sales during 2020. Emaar Properties, Dubai's largest listed developer by market capitalisation, reported 'sustained interest' from investors, despite a 20 percent decrease in full-year revenue for 2020 caused by the...
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12.02.2021485464 plots sold for USD 115.6 million, 846 apartments and villas sold for USD 367 million. 1,270 real estate and property transactions amounting to USD 1.2 billion in total were recorded in Dubai during the week from 4 to 11 February 2021. 64 plots sold for USD 115.6 million, 846 apartments and villas sold for USD 367 million. The largest land...
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11.02.20214835The company sold USD 93 million worth of properties in one month. According to UAE-based developer Nakheel, demand for high-end properties with outdoor living spaces continues to grow in 2021, as lifestyle changes became a priority in the wake of the COVID-19 pandemic. The master builder of the Palm Jumeirah registered record sales in January,...
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10.02.20215159Around 7,000 apartments and villas are scheduled for delivery before the end of the year. Real estate consultancy CORE reported on Monday, that residential supply handovers in Abu Dhabi were expected to hit their highest level in approximately half a decade, as several projects were scheduled for completion before the end of 2021. Compared to...
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09.02.20215381Capital values of residential homes approached stabilization as the downward trend gradually came to a standstill. However, sales transactions have dipped by nearly a third. Property prices in Dubai are showing signs of a slight uptick after falling for months due to the coronavirus pandemic. However, sales transactions have dipped by nearly a...
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08.02.20215231The government’s economic stimulus packages and prompt measures to prevent oversupply in the market have played an integral role in enhancing the competitiveness of Abu Dhabi’s real estate sector, stated Bayut & dubizzle’s annual report for 2020. Property markets across the globe have felt the impact of the uniquely challenging year that was...
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06.02.20215567The Shaista project features over 284 apartments spread across 12 residential floors and over 7,100 square feet of retail space. Renowned developer Azizi Developments announced in January that its Shaista project, a well-connected residential project in Dubai, is 97% complete. Located in Al Furjan, the building is expected to reach completion...
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05.02.202115599Is it worth purchasing real estate in the United Arab Emirates on a mortgage? What kind of housing in the UAE can be bought on a mortgage? Are there any restrictions on applying for a home loan for non-residents in the UAE? If so, which ones? Are there any features of applying for a mortgage for foreign residents in the UAE? What are they? In what...
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05.02.2021542554 plots of land were sold for USD 53.1 million; 802 apartments and villas were sold for USD 383.8 million. 1,332 real estate and property transactions worth USD 912 million in total were registered in Dubai during the week from January 28 to February 4, 2021. 54 plots were sold for USD 53.1 million; 802 apartments and villas were sold for 383.8...
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04.02.20215243Dubai attracted 31,648 new investors who concluded 41,571 investments worth over USD 871 million. Dubai’s real estate market continued to be attractive to local and global investors in 2020, with the sector recording 51,414 transactions representing a value of over USD 47.6 billion, according to the annual transaction report issued by the Dubai...
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