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29.08.20223249According to Mo'asher, the official Dubai sales and Rental Price Index, a total of 8,897 purchase and sale transactions worth 22.75 billion dirhams were made in the Dubai real estate market, which is the largest number of purchase and sale transactions for June in the last nine years. Almost 40% of all purchase and sale transactions were...
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28.08.20223340While hopes of the pandemic ending were premature, 2021 nevertheless marked the year of economic recovery. The Middle Eastern economies rebounded during 2021 and into 2022, led by a surge in energy prices in Saudi Arabia as global demand for oil and natural gas increased strongly, and widespread air travel returned. The rising cost of oil per...
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27.08.20223517Abu Dhabi-based real estate developer Aldar Properties has acquired a high-end island resort in the UAE capital, as well as two luxury islands intended for residential development. The company said it acquired Nurai Island, a private island just a few kilometres north of Saadiyat only accessible by sea. It is home to the exclusive beachfront hotel...
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26.08.20222982Dubai’s property sector is set to be in the spotlight again with the expected IPO of a key business park operator. Dubai Holding’s Tecom Group, home to 7,500 companies, may announce its intention to float this week. Bankers describe the IPO as a key test of whether Dubai has truly drawn a line under its devastating 2009 crash. But Tecom’s listing...
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25.08.20223347FazWaz Group announces its entry into Dubai, United Arab Emirates, with great pride. Over the past decade, high net worth people, entrepreneurs, and foreign investors have all chosen Dubai, United Arab Emirates, as a location to launch new businesses and increase their investment portfolios. FazWaz is pleased to announce significant developments...
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25.08.20225320When moving to the UAE, for example, to Dubai, it is quite difficult to choose housing because of the many properties on offer. First of all, you need to decide what you are looking for, whether it’s a house or an apartment. To understand which property in Dubai is better for purchase, you need to compare both options and assess your needs...
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24.08.20223092The Dubai real estate sector was up 9.9 billion dirhams this week as the sector recorded 2,369 sales worth 5.89 billion dirhams, including 379 land sales. 1.63 billion dirhams and apartments and villas sold in 1990 for 4.26 billion dirhams. As for the most important sale of apartments and villas, the most important pledge was 73 million dirhams in...
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24.08.20223149As the world is following political news and worrying about economic stability, Dubai is setting new records in real estate sales that soared to breathtaking heights in the summer season. Content: Dubai real estate market in numbers Buyers are choosing new projects Advantages of purchasing a buy-to-rent property in Dubai Who buys...
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23.08.20223206The Q1 2022 UAE Real Estate Report, published by property management experts Asteco, reported that real estate market activity in Abu Dhabi and Dubai remained strong in the first three months of the year as a result of Government initiatives, economic growth and improved market sentiment. In Dubai, new apartment supply picked up significantly in...
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22.08.20223238DUBAI, United Arab Emirates — Emirati property magnate Hussain Sajwani is riding high after a record start to the year for Dubai’s property market. “Dubai is doing very well,” the veteran real estate developer told CNBC on Wednesday. “The way Dubai handled Covid was a key factor in booming the market now.” Dubai saw $35 billion worth of property...
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