News and articles

  • UAE-based Azizi Developments has announced that it has sold 90% of its released units at Beachfront, the developer’s three premium lagoon-facing towers within its flagship waterfront project Riviera at MBR City in Dubai. These units were sold to 68 different nationalities. The remaining, previously unseen units will now be released in the coming...

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  • Property prices in Dubai continued to rise in May, with transaction volumes also growing as the emirate's real estate market makes a strong rebound from the coronavirus-induced slowdown. Month on month, prices rose 0.4 per cent for apartments and 1.2 per cent for villas in May, the report said. The total volume of transactions in the market...

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  • Dubai’s real estate sector is turning more vibrant and transparent as investor-friendly policies tend to attract local and global property buyers and proof of the same was the recently concluded June 2022 sales which is considered the best since 2009. Dubai-based W Capital Real Estate Brokerage — established in 2007 — has assessed the strong...

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  • DUBAI, UNITED ARAB EMIRATES – Property sales to customers from Russia and the 11 other Commonwealth of Independent States (CIS) countries doubled in H1 2022 compared to the same period last year, according to Dubai-based property consultants Mira Estate. Mira Estate achieved more than AED 2 billion in property sales to CIS customers so far in 2022...

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  • Dubai South Properties will develop a new residential community along the Expo Road that is strategically located for easy access to and from the wider city. Dubai's real estate sector has strongly rebounded from the effects of the Covid-19 pandemic. Real estate transactions totalled 6,652 in May, which was the highest volume in the past decade,...

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  • Dubai Land Department has partnered with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, on landmark initiatives aimed at boosting and strengthening the UAE’s real estate proposition. His Excellency Sultan Butti bin Mejren, Director General of DLD said: “The real estate industry in the UAE is one...

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  • BlackOak is a new generation of real estate agency taking on the traditional larger players, with an exceptional business model and leadership. It has created a very professional institutional type retail brokerage platform by investing in a team of high-calibre agents trained in real estate sales, investments, finance and markets. “BlackOak was...

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  • The political and economic stability of the United Arab Emirates makes this one of the most attractive countries for investment and permanent residence. The increased demand for real estate in Dubai and other emirates has recently been driven by strong buyers' confidence in the country. As soon as the international borders were opened, wealthy...

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  • Dubai real estate market recorded 563 sales transactions worth AED3.46 billion, in addition to 96 mortgage deals of AED431.66 million, and 20 gift deals amounting to AED91.24 million on Thursday, data released by Dubai's Land Department (DLD) showed. The sales included 488 villas and apartments worth AED991.07 million, and 75 land plots worth AED2...

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  • At the end of the COVID-19 pandemic and the post-COVID market recovery, analysts noted a new tendency in demand for residential properties in the United Arab Emirates. It is about a shift in the buyer's interest towards ready-made houses instead of off-plan units, and especially towards apartments. This shift has been predicted for a long time....

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