News and articles

  • According to data published by the Dubai Land Department, 2,369 real estate transactions worth 9.9 billion dirhams were completed in the week ending July 6, 2022.   For a total of 1.63 billion dirhams, 379 land plots were sold, while 4.26 billion dirhams were spent on 1,990 houses and villas.   The largest transaction concerned a land...

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  • Dubai developers have accelerated the pace of project implementation, which is a positive indicator for the market. According to forecasts, MBR City will become the area of Dubai with the largest number of residential units commissioned in 2022.   According to a number of data, the community took the first place in Dubai in the ranking by...

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  • As part of a new partnership between the Dubai Land Department and Emirates NBD, payments on rental receipts will soon be automated and digitized using the Direct Debit System of the UAE Central Bank (UAEDDS). This means that tenants will be able to make payments through their bank accounts instead of issuing checks.   This practice will...

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  • The Yas Golf Collection residential complex worth 1.7 billion dirhams will include 1,062 apartments and duplexes with a total area of 127,000 square meters overlooking the Yas Links Golf Course. Starting from July 23, 2022, all citizens will be allowed to buy real estate in the Yas Golf Collection. Prices for apartments, of which 519 are initially...

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  • The Jubail Island Investment Company (JIIC) has released details of the development of Ain Al Maha, the last coastal residential area to be added to the Jubail Island project. This marks an important milestone in the transformation of the island into a luxury residential community, a paradise for those wishing to lead an elite lifestyle in the...

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  • An artificial lagoon with a length of 1 km will be the decoration of a new project in South Bay. A new project has recently been launched in the heart of this residential area. According to the master plan, more than 800 villas and townhouses and more than 200 large mansions will be built on the embankment near the new artificial lagoon with a...

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  • Another villa with a price tag of more than 100 million dirhams is ready for sale, 6 more villas with price tags above 300 million dirhams are being built.  On the luxurious island of Palm Jumeirah, another exclusive villa on the "palm tree branch" is put up for sale, which is going to be turned into a «Billionaires’s Row». It is planned to...

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  • According to data provided by the Dubai Land Department (DLD), on Wednesday, July 6, 2022, 454 purchase and sale transactions totaling 1.24 billion dirhams were made in the Dubai real estate market, as well as 96 mortgage transactions totaling 259.02 million dirhams and 22 gift transactions totaling 150.27 million dirhams.   The total value...

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  • Another expensive purchase was made in the luxury real estate market in Dubai. A wealthy man from the UK has purchased a beautifully designed villa with a garden in Palm Jumeirah for a record 67 million dirhams.    Currently, the most expensive villa offered in Palm Jumeirah is DHB villa. One of Dubai's leading architects has created a...

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  • Jubail Island Investment Company (JIIC) has unveiled details of Ain Al Maha village, the latest waterfront residential neighbourhood to be added to the Jubail Island project. This marks a significant milestone in the development of Jubail Island into a luxurious residential community and haven of upscale living in the capital. Following Jubail...

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