News

  • Due to ready-to-occupy flats and villas active sales, Dubai’s property transactions reached their highest level in six years, latest data suggested. According to Data Finder, the real estate insights and data platform under the Property Finder Group, in March 2021 the market witnessed 4,643 sales transactions worth USD 2.9 billion, which is...

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  • Construction of the project is due to start in Q4 2021. Abu Dhabi-based Aldar Properties has announced the launch of Noya Viva, which is the next phase of its highly successful development Noya on Yas Island. Buyers from all nationalities will be able to purchase homes in the community as it is a freehold project. Noya Viva will add 480 new homes...

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  • 89 plots sold for USD 139 million; 874 apartments and villas sold for USD 639 million. 1,379 real estate and property transactions amounting to USD 1.38 billion in total were recorded in Dubai during the week from 1 to 8 April, 2021. 89 plots sold for USD 139 million; 874 apartments and villas sold for USD 639 million. The largest land...

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  • Bloom Towers consist of 944 elegant, luxurious, and contemporary apartments ranging from studios to three-bedroom homes. Bloom Properties, leading real estate developer from Abu Dhabi, announced the beginning of the handover of units to owners at its premium development in Dubai, Bloom Towers. The delivery of the three residential towers...

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  • The new project features 160 comfortable apartments. Binghatti Developers, real estate developing company based in UAE, launched Binghatti Mirage project in the Jumeirah Village Circle in Dubai. The total value of the project is estimated at USD 54 million. The completion and hand-over of the project is planned for March 2022. Binghatti Mirage is...

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  • According to Property Monitor, for the three months ending February prices increased by 4.6 percent. The property market in Dubai is steadily displaying signs of healthy demand and stabilization. The prices have been increasing consistently during the past four months, which provides further evidence that the market bottomed out in late 2020...

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  • 103 plots sold for USD 196 million, 1,116 apartments and villas sold for USD 588 million. 1,746 real estate and property transactions amounting to USD 1.9 billion in total were recorded in Dubai during the week from 4 March to 1 April 2021. 103 plots sold for USD 196 million, 1,116 apartments and villas sold for USD 588 million. The largest land...

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  • UAE's Azizi Developments celebrated the handover of Mina, its luxurious development on the eastern crescent of the famous man-made island Palm Jumeirah. The official inauguration ceremony for Mina was hosted by Mirwais Azizi, founder and chairman of Azizi Developments, and Farhad Azizi, CEO of Azizi Developments, in the presence of senior members...

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  • The Areej Apartments project is located in the first phase of the Aljada master development. Sharjah-based developer Arada has announced the completion of a new portion of apartment blocks at Aljada. The megaproject's cost is estimated at USD 6.5 billion. The Sharjah developer continues its ambitious delivery plan for 2021 starting the handover...

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  • During the lockdown in 2020 sales plummeted but started to pick up when coronavirus restrictions were eased. Realty sales in Dubai, Abu Dhabi and other emirates in UAE have increased over the past several months, demonstrating that the coronavirus pandemic has done little to discourage homebuyers. However, according to a new report, much of the...

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