News and articles

  • The Dubai-based Binghatti Developers has launched a Dh500 million residential project in Business Bay which is scheduled to be completed in June next year. Binghatti Canal consists of 300 units, including 124 one-bedroom, and 85 two-bedroom apartments, in addition to 84 studios. Muhammad Binghatti, CEO of Binghatti Developers, said it’s the...

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  • Dubai will have at least 10,000 new villas and townhouses over the next two years, according to a real estate firm, as demand surges for new property across the emirate. The Gulf region’s trade and tourism hub and host of Expo 2020, Dubai has experienced a recent boom in property deals. The sale values of real estate transactions until November...

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  • Prescott Real Estate has announced the launch of its latest property, Prime Gardens, a greenery-inspired apartment complex featuring 141 smart homes that offer key amenities such as community pool, gym, a hitech games room, an in-house cinema and an outdoor play area within Arjan community in Dubai. Unveiling the project, Prescott said Prime...

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  • Al-Futtaim Group Real Estate has launched Al Badia Terraces, a new residential development in Dubai Festival City’s Al Badia district. The project is expected to be completed in 24 months and is to feature a complex of residential mid-rise towers with ‘ample indoor amenities’. According to the master developer, the project will consist of 132...

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  • Sonder Holdings, a leading next-generation hospitality company, is set to open a 401-unit property in Business Bay, Dubai later this year. It will become the largest property in Sonder’s global portfolio. “Sonder combines local expertise with a global brand that appeals to the modern generation of travellers. Sonder is an experienced and...

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  • Investors looking to enter Dubai’s luxury property market this year will need to brace themselves for what could be a record year for capital values. Even as the pandemic-fuelled global property boom begins to abate, UAE demand is being helped by a limited supply of homes at the top end of the market, visa reforms and the role of property as a...

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  • “The project will be unique in terms of creativity and luxury, as it contains elegant and practical apartments designed in an exclusive contemporary style in classic designs with wonderful views of the Dubai Water Canal. The high standards of privacy and security add to its excellence,” he said. The CEO indicated that the company offers the new...

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  • Investors and buyers who took a mortgage to purchase real estate in Dubai, especially if their fixed-rate period is coming to an end, should prepare for their monthly payments to increase soon. Experts believe that the period of low interest rates and easy lending is over. The cost of mortgage and properties themselves will keep growing...

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  • Each country has its own regions promoted among real estate buyers. Dubai is the undisputed leader in the United Emirates. But if you haven't heard anything about competitors, it doesn't mean that they have nothing to offer you. Read an overview of the economy and real estate market of Ras al Khaimah. This emirate has at least one significant...

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  • The committee, headed by the Crown Prince of Dubai, approved the immediate allocation of 2,000 residential land plots in Umm Nahad Fourth. This was done in accordance with the instructions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.   The distribution was made after...

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