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22.06.20214530The company's total sales reached record quarterly amounts and grew by 2400 percent compared to the last quarter of 2020. Lootah Real Estate Development (LRED), one of Dubai's leading property developers and real estate service providers dealing in master-planned, mixed-use communities and innovative lifestyle developments has reported a 450...
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21.06.20214144The total number of sales transactions have grown by 215 percent and the total value of sales transactions by 357 percent since May 2020. Dubai's property market has achieved a new record, the highest over the past four years in terms of the value of real estate sales transactions. In doing so, it highlighted the emirate's attractiveness to real...
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19.06.20214488The project comprises three residential complexes that include 1,699 units spread over 11 buildings. Alef Group, a property developer based in Sharjah, has launched the new phase of its flagship mixed-use development Al Mamsha named Al Mamsha Seerah. Al Mamsha Seerah, valued at USD 435 million, provides residents with a modern lifestyle and the...
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18.06.202143255,359 investments worth over USD 2.9 billion were registered in the emirate in May 2021. Dubai's property sector has continuously proven its attractiveness to investment and its flexibility in adapting to various developments, thanks to the legislative environment and infrastructure created by the emirate's government policies and directives. All...
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17.06.20214075135 plots sold for USD 195 million, 1,298 apartments and villas sold for USD 691 million. 1,921 real estate and property transactions amounting to USD 1.3 billion in total were recorded in Dubai during the week from 10 to 17 June, 2021. 135 plots sold for USD 195 million, 1,298 apartments and villas sold for USD 691 million. The largest land...
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16.06.20214128USD 136 million project is located on Hayat Island in the Mina Al Arab community. RAK Properties, one of UAE’s leading property development and tourism infrastructure companies, has launched the sale of villas at its famous Marbella project in Ras Al Khaimah. The luxury beachfront project features two- and three-bedroom townhouses and four- and...
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15.06.20214090The real estate exhibition will be held at Expo Centre Sharjah in September 2021. The organizing committee of Acres 2021, Sharjah Real Estate Exhibition, has announced еру beginning of preparations to the 8th edition of the exhibition, one of the largest events of its kind in the region. Acres 2021 will take place at Expo Centre Sharjah from 23rd...
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14.06.20214161Aldhay community located near Khalifa Park will be completed by the third quarter of 2023, developer says. Property developer Bloom Holding based in Abu Dhabi started construction of the fifth phase of its Bloom Gardens project in the emirate. The developer has broken ground on Aldhay, a community consisting of 181 two-, three-, four- and...
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13.06.20215012Anecdotal evidence suggest that the majority of property buyers are UAE citizens and residents. Sales transactions in Dubai’s real estate market, that hit a serious setback when the world went into lockdown last year, have been breaking records during the last several months. Off-plan residential units in some development projects have been...
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12.06.20213937The company plans to invest USD 272 million in building new hotels in Ras Al Khaimah over the next five years. RAK Properties is targeting revenue of USD 109 million in 2021 as the as UAE’s property sector continues to recover from the crisis induced by the coronavirus pandemic. The developer, that made a net profit of USD 30 million on revenue...
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