News
-
09.01.20233687
The Danah Bay project on Al Marjan Island will add about 90 thousand sq. m. of luxury real estate in the emirate and will cost the developer AED 1 billion. Dubai Investments, a leading investment company listed on the Dubai financial market, has announced its intention to implement its flagship Danah Bay project with an area of about 90,000...
Read more -
09.01.20232979
Nine years of self-realization, impact and sustainable development reflect the path of the Rent Dispute Center (RDC), the judicial division of the Dubai Land Department (DLD), which was launched in accordance with a systematic development process to achieve social and economic stability for all those involved in the real estate rental sector and...
Read more -
09.01.20233524
The emirate's real estate market has been growing throughout the year, and recently a penthouse in Jumeirah was put up for sale for 120 million dirhams, making it one of the most expensive properties in history. A ready-to-move penthouse with four bedrooms, a mejlis area, a private elevator and double-height ceilings is listed on Penthouse...
Read more -
09.01.20232941
Masaar, a major Sharjah forest project, has two important contracts worth 939 million dirhams for the construction of 986 new houses in two residential areas. Masaar, an $8 billion development with 4,000 residences spread across seven gated neighborhoods, has a master plan with more than 50,000 trees inspired by nature. The contract for...
Read more -
09.01.20232918
According to data provided by the Dubai Land Department (DLD), 476 purchase and sale transactions worth 1.17 billion dirhams were made in the Dubai real estate market on Monday, as well as 92 mortgage transactions totaling 181.95 million dirhams and 20 gift transactions totaling 35.42 million dirhams. More than 1.3 billion dirhams were...
Read more -
09.01.20232759
According to the report, the value of real estate transactions in the Emirate of Sharjah increased to 2.7 billion dirhams ($735 million) in November 2022 from 1.9 billion dirhams in the previous month. According to the report of the Sharjah Real Estate Registration Department, a total of 2,813 real estate transactions were made during this...
Read more -
09.01.20233216
Business Bay and Dubai Marina continue to dominate Dubai's real estate market in 2022 as these areas remain the preferred choice of both buyers and renters throughout the year, according to the latest report. According to Zoom Property Insights, the average price in these most sought-after areas has increased significantly this year due to...
Read more -
09.01.20233043
Residents who have been living in Dubai for decades are buying more and more real estate, as new initiatives on the visa regime, such as the «Golden Visa», have given them firm confidence in buying real estate and turning the emirate into their base. In addition, the successful overcoming of the coronavirus pandemic by the Emirate also...
Read more -
09.01.20232952
The Dubai rental market has seen significant double-digit growth this year in line with the real estate sector, which continued its golden growth throughout the year thanks to strong demand from investors and end users following radical visa and business reforms. The latest data published by CBRE showed that the average requested rent...
Read more -
09.01.20232708
According to MEED reports, plans are currently being developed in Saudi Arabia to build a skyscraper that will become the tallest building in the world. The new megaproject, which is estimated to reach a height of 2 km, will be more than twice as tall as the world's tallest building – Dubai's Burj Khalifa skyscraper with a height of 828...
Read more