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
Dubai real estate market recorded 501 sales transactions worth AED1.2 billion, in addition to 117 mortgage deals of AED278.84 million, and eight gift deals amounting to AED7.69 million on Monday, data released by the Dubai Land Department (DLD) showed. The sales included 422 villas and apartments worth AED931.9 million, and 79 land plots worth AED263.52 […]Read More
Arada has launched Robinia, the third phase of its Sharjah woodland community Masaar. The launch of the 565 villas and townhouses in Robinia has been brought forward after the first two residential phases at Masaar both sold out. Valued at AED8 billion and containing 4,000 homes spread over eight gated districts, all linked by a […]Read More
Dubai real estate market recorded 391 sales transactions worth AED 1.4 billion and 60 mortgage deals of AED 336.86 million, in addition to 57 gift transactions amounting to AED 64.67 million Tuesday, data released by the emirate’s Land Department (DLD) showed. The sales included 342 villas and apartments worth AED 1.11 billion, and 49 land […]Read More
The Department of Municipalities and Transport (DMT) revealed that the UAE capital’s real estate market recorded 3,304 transactions, reaching a value of AED11.3 billion in the first quarter of 2022. The department’s quarterly report revealed that the transactions included the buying, selling, and mortgages of all types of lands, buildings, and real estate. According to […]Read More
Dubai’s real estate market recorded a total of 25,972 real estate transactions in Q1 2022, marking it the highest number of real estate transactions since 2010 registered in a single quarter and the highest volume since Q1 2014. The Mo’asher, Dubai’s official sales and rental performance index launched by Dubai Land Department (DLD) in cooperation […]Read More
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