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19.05.20217030The 59-units building is located within the Maryam Gate Residences community, the second phase of the Maryam Island mega project. Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, is launching Shams Residences on Maryam Island, a first-of-its-kind luxury waterfront development in...
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18.05.20215980Demand for residential real estate has picked up faster than expected, Morgan Stanley states. According to Morgan Stanley's latest research, Dubai real estate prices are rising for the first time in six years amid higher demand and a slowdown of project launches since 2017. Citing consulting firm ValuStrat's report, it said there was a 1.2% month...
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17.05.20216988The first units in the first phase of Riviera will be handed over this summer. One of UAE's leading private developer Azizi Developments has started the construction of the fourth phase of Riviera, its flagship master planned community inspired by the French Mediterranean in MBR City in Dubai. Azizi’s fourth phase of Riviera is built at a project...
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15.05.2021636550 plots sold for USD 58.8 million, 417 apartments and villas sold for USD 222 million. 621 real estate and property transactions amounting to USD 408 million in total were recorded in Dubai during the week ending 10 May, 2021. 50 plots sold for USD 58.8 million, 417 apartments and villas sold for USD 222 million. The largest land transaction...
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14.05.20216763Investors from over 45 nationalities bought apartments in one of the developer's most popular project in Dubai Healthcare City. The development made about USD 100 million in sales. UAE's leading private developer Azizi Developments has announced the sale of 486 out of 645 units at its world-class Creek Views I project in Dubai Healthcare City. The...
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13.05.20216135From January to April 2021 the company recorded sales of over USD 136 million. One of UAE's leading real estate developer, Reportage Properties, recorded sales of over USD 136 million since the beginning of 2021, which is more than 200 percent higher compared to the first four months of 2020, when sales stood at USD 44.9 million. At the moment...
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12.05.20215830The number of off-plan transactions in April increased by 12.9 percent, which was the highest in 14 months. According to UAE's leading real estate portal Property Finder, the real state sector in Dubai witnessed solid activity last month recording a total of 4,832 property transactions worth USD 2.3 billion. Off-plan transactions increased by 12...
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11.05.20216204The company is keen to continue providing residential destinations that give residents a comfortable, safe and modern lifestyle. Ras Al Khaimah-based developer RAK Properties announced that its profits had increased by 433 percent during the first quarter of 2021. The company's profit for Q1 2021 amounted to a total of USD 17.4 million compared...
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07.05.20217521Emaar Development and VISA partner up to make the process of property purchase easier for customers. Dubai's developing company Emaar Development and global digital payment system VISA have tied up to allow customers in UAE to buy properties in Emaar projects using their debit and credit cards. Ahmad Al Matrooshi of Emaar Development said...
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06.05.20215826111 plots sold for USD 132 million, 1,027 apartments and villas sold for USD 509 million. 1,557 real estate and property transactions amounting to USD 925 million in total were recorded in Dubai during the week from 30 April to 6 May, 2021. 111 plots sold for USD 132 million, 1,027 apartments and villas sold for USD 509 million. The largest land...
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