A total of 512 homes were available during the first phase of the project, with 76 per cent of the units purchased by expatriates, of which 24 per cent were overseas investors
The total number of real estate transactions in 2022 reached 91,507, compared to 84,238 recorded during the previous year
A total of 350 real estate projects are currently being developed in the emirate
The project is due for completion by the beginning of 2026
A total of 122,658 real estate transactions were registered in Dubai in 2022, an increase of 44.7 per cent from 2021
The contract to build the four-building complex was awarded to a Dubai-based company with civil and industrial construction experience
DLD data showed that 221 plots were sold for Dhs1.18bn, while 1,889 apartment and villa purchases worth Dhs4.93bn were made
Avalon Properties also experienced robust growth during this period, growing its operations across the UAE, covering Abu Dhabi, Dubai, and Sharjah
Investments worth $100m are under consideration in Saudi Arabia
Al Hebiah Fifth recorded the most transactions for this week with 133 sales transactions worth Dhs386.38m
Construction of the project will commence in Q2 2023, with first handovers expected in Q4 2025
Construction work on the project has commenced and is due for completion by the end of 2025
Abu Dhabi can expect to see modest single-digit growth in property valuations and rents across most sectors
According to the company, the new projects include residential towers, and one of them will be the largest in the world in terms of size and number of apartments
We believe that the Dubai property market will continue to see exceptional demand in the new year, and that 2023 will be another record year for the market
Designed by Foster+Partners and managed by hospitality brand Dorchester Collection, Orla offers a bespoke lifestyle steeped in sumptuous style
This growth has been fuelled by the robust success of off-plan deals, which climbed by 86 per cent compared to 2021
Tthe focus is on shifting to an employee-first culture, refreshing DLD’s identity and enhancing its position, and adopting a proactive and human-focused approach
Danah Bay will be a premium beach community with a resort-style retreat in Ras Al Khaimah
The two integrated waterfront destinations are adjacent to Modon’s eco-tourism campsite project, Bab Al Nojoum – Al Mugheirah Resort
A total of 1,416 homes are now under construction at Masaar
Jad Antoun, CEO and co-founder of Huspy tells Gulf Business about the key proptech trends and how his company plans to change home-buying experience for customers
The awards recognised and celebrated top performers from UAE’s leading brokerage agencies and real estate developers
The agreement will see Aldar develop a five-star hotel, featuring 165 luxurious guest rooms and suites, including the rooftop Nobu Villa
The awards celebrated stalwarts and companies from across the region’s business landscape
The newly acquired land is part of Dubai South’s Golf District
Emaar recorded the highest-ever group property sales of Dhs26.9bn ($7.3bn) during the nine-month period
Yas Island topped the list logging transactions worth Dhs1bn, while Al Saadiyat Island came in second with transactions worth Dhs929m
Aldar will collaborate with CEBC in its ‘Energy Efficiency’ working group to achieve goals that will promote a sustainable future and support the UAE Net Zero by 2050 Strategic Initiative
The founder and chairman of the UAE-based real estate firm tells Gulf Business why curating a people-centric business is key to success and why he is passionate about developing communities