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17.08.20217530The 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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16.08.20218271The 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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15.08.20217945Communities 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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14.08.20217467The 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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13.08.202114904The 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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13.08.20217625The 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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12.08.20217391116 plots sold for USD 178 million, 1,072 apartments and villas sold for USD 620 million. 1,188 real estate and property transactions amounting to USD 1.2 billion in total were recorded in Dubai during the week from 5 to 11 August, 2021. 116 plots were sold for USD 178 million, 1,072 apartments and villas were sold for USD 620 million. The...
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11.08.2021845019 of the 34 USd10 million plus homes sold in Dubai between January and June were on the iconic island. According to analysis by global property consultancy Knight Frank, Dubai’s Palm Jumeirah is not only registering a new record high villa prices but also posting the highest number of home sales in almost five years. 'The boom in ultra-prime...
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10.08.20217681In H1 2021 the overall volume of transactions increased by 74 percent and the value of property sales transactions grew by 113 percent. In the first half of 2021, Dubai’s residential property sector witnessed a V-shaped recovery following bottoming-out in November 2020, SmartCrowd, a property investment and technology platform, said in its...
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09.08.202115625United Arab Emirates tops of the list of countries where Russians are buying houses. Let us figure out the best place to buy real estate in UAE. Several regions are traditionally in demand. Citizens of the Russian Federation mostly choose real estate in Dubai and Abu Dhabi. These two major cities are renowned for their infrastructure and...
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