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25.11.202015083Launching of the 510-units project demonstrates the growing interest in premium products in Abu Dhabi's real estate market. Aldar Properties announced on Saturday, its new residential community Noya in the heart of Yas Island, was sold out in four hours on the first day of the public launch. The sales brought over $270 million to the company,...
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24.11.202011565The real estate sector, just like other industries in UAE, has also made a lot of effort to adopt sustainable models and practices. Catering the increasing demand for environment-friendly projects focusing on clean energy, Diamond Developers launched The Sustainable City in Dubai in 2013. Famous for its driverless cars, greenhouses and...
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23.11.202012368The company behind the project is Binghatti Developers. The project covers an area of about one million square feet and features a 35-storey residential tower. Binghatti Developers has started the construction of the second phase of the Binghatti Avenue project in Dubai Healthcare City, Al Jaddaf area with $163 million total investment. The...
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22.11.202011384Arada Developments begins home handovers at phases 4 and 5 of Nasma Residences launched in June 2019. Sharjah-based property development company Arada announced the beginning of home handovers for nearly 500 units in the two last phases at Nasma Residences, the company's best-selling project. Construction on phases 4 and 5 started in June 2019....
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20.11.20207555The first ever d3 Architecture Festival, organised in partnership with the Royal Institute of British Architects Gulf Chapter (RIBA Gulf Chapter), took place in Dubai on 11-14 November 2020. The festival focused on architecture, urbanism, and development. Architecture has played a major role in shaping Dubai’s skyline and UAE’s diversified...
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14.11.202013120Rental market will remain under pressure in the nearest months, analysts predict. Uncertainty in the job market is making UAE residents look for affordable apartments for rent. The latest data show that rents in Abu Dhabi fell basically in all the areas of city, ranging from 4% to 15% in Q3 2020. One-bedroom apartment rent starts from $9,000 and...
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13.11.2020128861,013 villas and townhouses were sold in Dubai in October in both the off-plan and secondary market. The demand for villas and townhouses in Dubai is at an all-time high. The growth started in May, which saw 110 transactions, and since then has increased by 500%, according to Property Finder, a leading real estate portal. The number of...
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12.11.202014240Cityscape’s Real Estate Summit is a unique event for the real estate community. Top real estate projects, PropTech and wider investment opportunities will be the center of the summit's discussion. Cityscape’s Real Estate Summit will take place in Dubai next week. It is a one-off edition of the annual event organized by Informa Markets with the...
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11.11.202010885Dubai's residential property market showed some signs of decline in October. The first month of Q4 2020 saw less transactions though property prices decline has somewhat slowed down. According to the latest reports, prices for apartments and villas in Dubai dropped by as little as 0.7% compared to September and 14.4% compared to the same period in...
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11.11.202011989Dubai’s reals estate sales are growing: 44 plots sold for $48 million, 854 apartments and villas sold for $405 million. 1,241 property deals amounting in total to $800 million were made in Dubai during the first week of November, 2020. According to the Dubai Land Department, 44 plots of land were sold for $48 million and 854 apartments and villas...
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