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26.08.20215894215 plots sold for USD 326 million, 1,130 apartments and villas sold for USD 667 million. 1,849 real estate and property transactions amounting to USD 1.6 billion in total were recorded in Dubai during the week from 19 to 26 August, 2021. 215 plots sold for USD 326 million, 1,130 apartments and villas sold for USD 667 million. The largest land...
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25.08.20216575One of the key reasons for the overwhelming demand for Palm View is its strategic location. UAE-based real estate consulting group Devmark Group has reported a huge demand from property buyers and investors for Palm View, a collection of luxury, ready-to-move-in apartments at the foot of the Palm Jumeirah island in Dubai. 70 percent of the units...
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24.08.20216403This is the third property deal of this caliber that was made in Dubai this year. The Dubai real estate sector continues to stage a strong recovery as another high-end villa was sold for over USD 27 million. This sale reflects investors' trust in the growth of the emirate’s real estate industry. The luxury real estate agency Luxhabitat Sotheby's...
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23.08.20217588312 new villas and townhouses are planned in the third phase of the project called Magnolias. Abu Dhabi’s biggest developer Aldar Properties is launching the third of phase of еру Yas Acres development as it continues to expand its portfolio amid strong demand for prime residential property and UAE’s real estate market recovery. 312 new villas...
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22.08.20217135Originally the plot costed USD 9.2 million. Luxhabitat Sotheby's International Realty announced a few days ago that it has sold a plot of land on Jumeirah Bay Island for nearly double its original price at USD 16 million to a buyer from Russia. This sale is the second most expensive transaction in Dubai after a transaction of another property in...
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21.08.20217064UAE’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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20.08.20216929The 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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19.08.20215886204 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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18.08.20216946In 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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17.08.20216034The 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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