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04.03.20217777454 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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03.03.20218612Sharjah-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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02.03.20217755Dubai’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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01.03.202126417When 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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01.03.20218146According 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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28.02.20218724The 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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27.02.2021919650 percent of villas in the new project are already booked by interested investors. The Pulse Villas project is scheduled for completion by 2024. Master-developer Dubai South Properties announced the launch of The Pulse Villas. The project is the second phase of The Pulse development, the heartbeat of Dubai South’s Residential District. The launch...
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26.02.20218158145 plots of land were sold for USD 143 million; 877 apartments and villas were sold for USD 422 million. 1,445 real estate and property transactions worth USD 1.1 billion in total were registered in Dubai during the week from February 18 to February 25, 2021. 145 plots of land were sold for USD 143 million; 877 apartments and villas were sold...
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25.02.20218977Despite the impact of the pandemic, the developer said the construction on its projects continued in line with the scheduled timeline. Dubai-based developer Deyaar reported a loss in 2020 owing to higher impairments and fair value adjustments it had to take into account due to the coronavirus pandemic. The developer posted a loss of USD 59...
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24.02.20219177According to Knight Frank, London has 68,189 prime homes followed by Dubai at 42,356 units, Sydney (27,436), Hong Kong (21,285), and Singapore (10,416). Dubai has the second-highest number of prime properties among all the major global cities after London. According to Knight Frank, London has 68,189 prime homes followed by Dubai with 42,356...
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