The developer’s group property sales, rose by 14 per cent to Dhs20.2bn
The banking group has closed senior financing transactions worth more than GBP650m over the past five years
Average rents for prime commercial real estate in Dubai have risen as much as 17 per cent
Al Saadiyat Island topped the list with transactions worth Dhs3bn, with Yas Island coming in at second place with transactions worth Dhs2.6bn
Nine real estate projects worth Dhs4.06bn were completed in H1 2023, according to the Dubai Land Department
Along with the Rixos property, Dubai Islands will be home to more than 80 resorts and hotels
This represents a robust rise of 363 per cent compared to the same period in 2022
The sale of properties in Sadayem will begin on Monday, July 24, with the first phase including villas with a starting price of SAR800,000
According to the bank, the product’s fixed-rate tenor offers home buyers a worry-free experience, free from any large final payment or unexpected changes in installments
As it continues to grow, Expo City Dubai will welcome more businesses, SMEs, entrepreneurs, organisations, academic and research institutions in addition to residents who live in its communities
The developer sold 1,616 homes at its communities during the first half of the year
The notice was issued following approval from the Central Bank of UAE’s board of directors, with the measures coming into effect from July 1
The merger adds considerable weight to Aldar Estates, taking its portfolio of residential units under management to approximately 135,000
With growing demand and upcoming supply, the year looks promising for Dubai’s luxury property market
Real estate investors looking to leverage the boom in the UAE market without committing to a large outlay can use REITs to earn high yields
Real estate Services Company Asteco’s CEO, HP Aengaar shares the highlights of Abu Dhabi and Dubai’s property market in the first quarter of the year and the outlook for demand and supply in the upcoming months
Here are the key developments that have shaped the proptech industry in the Middle East
Talal Moafaq Al Gaddah, senior executive vice chairman of MAG, shines the spotlight on the group’s new and exclusive development, Keturah Reserve, and shares how bio living can have a positive impact on people’s wellbeing
A waterfront luxury development, The Oasis by Emaar offers large mansions and villas with stunning views of lakes and canals
The group’s managing director – operations and technology shares the next chapter of growth planned for the Dubai-based conglomerate
Over the next 18 months, Modon Properties will be focusing on the construction of enabling infrastructure for Phase 1 in line with the project’s approved plan
According to Knight Frank’s survey, 45 per cent of global HNWIs indicated that the emirate’s development plans enhanced its appeal as an investment destination
The group’s chief executive officer tells Gulf Business why digital transformation and upskilling are key to the future of a company, and how tech is transforming the real estate and property management sectors
According to Property Finder’s proprietary data, the top searched areas for owned apartments in May included Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, and Jumeirah Village Circle
The smart and sustainable city will cover an area of approximately 15 million square metres
The world’s wealthy have been increasingly targeting Dubai’s luxurious homes, primarily situated in the city’s most desirable districts
This is the sixth tranche under SRC’s upsized SAR20bn sukuk programme
Through this transaction, which is valued at Dhs150m, Aldar will hold a majority stake of 75 per cent in Basatin with the remaining 25 per cent held by a strategic partner
The new housing projects, which are located in West Baniyas and Al Samha, include 1,742 residential villas for citizens
Over 180,000 domestic and international attendees will attend the debut edition of Cityscape Global