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21.08.20215570UAE’s real estate market continued to grow in Q2 2021, with some segments even recording double-digit growth in sales prices. According to the Q2 2021 UAE Real Estate Report by property management experts Asteco, in the reviewed period villa rental and sales rates in Abu Dhabi and Dubai continued to increase; sales prices in certain segments went...
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20.08.20215135The property is located in The One tower, an iconic development on Palm Jumeirah. A USD 27.7 apartment on the top floor of a posh residential tower on Palm Jumeirah in Dubai is officially one of the priciest homes on the planet. A corner unit in the One project on the iconic island was included in the list of the eight most expensive...
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19.08.20214607204 plots sold for USD 262 million, 1,163 apartments and villas sold for USD 593 million. 1,367 real estate and property transactions amounting to USD 1.19 billion in total were recorded in Dubai during the week from 12 to 19 August, 2021. 204 plots sold for USD 262 million, 1,163 apartments and villas sold for USD 593 million. The largest land...
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18.08.20215315In July 2021, the average price for an apartment in the emirate amounted to USD 164,000, 2.2 percent up from January. According to the latest data released by Property Finder, prices for apartments and villas in Sharjah are growing, in particular, huge increases are being witnessed in areas close to the neighbouring emirate of Dubai. In July...
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17.08.20214678The company's revenue increased by 229 percent, the sales value totalled USD 4.4 billion. Dubai’s largest developer Emaar Properties reported an 8 percent drop in its net profit for the first half of this year despite an increase in revenue during the period as expenses rose. Emaar said in its statement to the Dubai Financial Market, where its...
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16.08.20214823The project will have a total of 80 units comprising one-, two-, and three-bedroom apartments. Оne of Dubai's largest real estate development and management companies, wasl Properties, announced the launch of Wasl Bay, a new residential project in Garhoud that features a mix of 80 units comprising one-, two-, and three-bedroom apartments with top...
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15.08.20214754Communities like The Meadows and The Springs posted the highest quarterly process increase of 6.6 percent. Due to international buyer interest and improved market sentiment in Dubai’s property market are rising. The value of transactions during the second quarter of 2021 jumped by nearly 50 percent, said real estate services firm Chestertons in...
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14.08.20214744The company received USD 80 million in revenue and USD 6.1 million in net profit during the period. Deyaar Development, one of Dubai’s leading property developers and real estate service providers, recently has announced its unaudited financial results for the first half of 2021. The developer said its revenue had increased and reached USD 80...
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13.08.20219395The capital of UAE is the largest city in the country. Only Dubai can compete with Abu Dhabi in terms of demand among tourists and investors from other countries. Real estate in Abu Dhabi is in high demand. It is purchased not only for permanent residence and seasonal vacations but also to make a profit. Let us figure out where the best place to...
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13.08.20214834The Suroor 2 building comprises 211 residential units and scheduled for handover in 2024. A few days ago, Alef Group announced a new project named Suroor 2 located in Al Mamsha Seerah within its Al Mamsha mixed-use development in Sharjah. The Suroor 2 building comprises 211 residential units, that include over 24 studios, 129 one-bedroom...
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