A total of 1,809 real estate transactions worth AED7.3 billion were conducted during the week ending 7th October, 2022, according to figures released by the Dubai Land Department. A total of 98 plots were sold for AED975.52 million, and 1,711 apartments and villas were purchased for AED4.47 billion. The mortgaged properties for the week reached […]Read More
Dubai real estate market recorded 452 sales transactions worth AED1.45 billion, in addition to 94 mortgage deals of AED218.97 million, and 13 gift deals amounting to AED39.65 million on Monday, data released by Dubai’s Land Department (DLD) showed. The sales included 406 villas and apartments worth AED840.46 million, and 46 land plots worth AED612.76 million, […]Read More
Aldar Properties has announced the launch of Yas Park Gate, its latest gated community which will be located on the doorstep of Yas Park, a first of its kind family and recreational activity park in Abu Dhabi. As a natural progression in the development of the second phase of North Yas, the AED1.15 billion residential […]Read More
The real estate and properties transactions valued at AED10.3 billion in total during the week ending 19 August 2022. The sum of transactions was 3,149. 344 plots were sold for AED2.55 billion, 2,239 apartments and villas were sold for AED3.94 billion. The top three transactions were a land in Al Wasl sold for AED400.18 million, […]Read More
Emaar Properties PJSC announced it has achieved significant increase in first half profitability, underpinned by robust property sales and growth in the performance of recurring revenue businesses. This performance is testament to the continued confidence in Emaar’s brand and overall post-pandemic recovery of Dubai’s economy, led by the real estate market. Led by robust performance […]Read More
The real estate and properties transactions valued at AED5.3 billion in total during the week ending 05 August 2022. The sum of transactions was 2,247. 255 plots were sold for AED1.24 billion, 1,510 apartments and villas were sold for AED2.79 billion. The top transactions were a land in Hadaeq Sheikh Mohammed Bin Rashid sold for […]Read More
Aldar Properties has signed an agreement with Mubadala Investment Company to acquire four prime Grade A commercial towers in Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, located on Al Maryah Island. The assets, which will be held by Aldar Investment Properties (AIP), are valued at AED4.3 billion, representing one of […]Read More
Azizi Developments, a principal private developer in the UAE, has announced its partnership with Trent Building Materials Trading LLC for the supply and installation of vinyl flooring across 29 buildings in Phases 1 and 2 of the developer’s mega-project Riviera. The Swiss brand Forbo is renowned for its wide collection of environmentally friendly linoleum, premium […]Read More
The Awqaf and Minors Affairs Foundation (AMAF) in Dubai has announced the launch of four new endowment projects worth AED56.2 million in addition to plans for six further projects worth AED16.3 million. The new endowment projects vary between residential villas and residential complexes for workers in various areas of the emirate of Dubai, and their […]Read More
After having firmly entrenched itself in the UK market, LADestate, a leading realty firm, is set to foray into the cosmopolitan city of Dubai which is synonymous with the posh shopping malls, penthouses and real estate activity as the city which is fast returning to normal. This was stated by Serial entrepreneur, Sam, CEO and […]Read More
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