News
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16.08.20216280
The 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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15.08.20216183
Communities 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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14.08.20215917
The 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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13.08.20216146
The 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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12.08.20215841
116 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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11.08.20216872
19 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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10.08.20216070
In 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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09.08.20216850
The project consisting of two high-rise buildings has already received the Completion Certificate. Bloom Holding, a leading real estate developer, announced a few days ago the completion of its premium development called Bloom Heights in Jumeirah Village Circle (JVC), Dubai. The project consisting of two high-rise buildings has already...
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08.08.20216414
To date sales transactions value in 2021 exceed the overall results of 2020 by 1.78 percent. July 2021 was a relatively quiet month in the Dubai real estate sector, compared to the growth witnessed in the market during the few previous months. Despite this, July still managed to have its mark on the industry. 4,384 transactions worth USD 3.04...
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07.08.20215801
46,038 transactions worth USD 44 billion took place in the emirate from the beginning of 2021 until the end of July. The total value of property investments in Dubai from the beginning of 2021 till July reached USD 20.42 billion, the Dubai Land Department's report states. According to the DLD's real estate market performance report for July,...
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