The country manager of Dubai’s real estate platform envisions the emirate to lead the way in digital advancements, inclusivity and investments. Here’s why
Abu Dhabi Global Market has also amended the existing real property related fees by enacting the Real Property Regulations (Fees) Rules 2022
Developed with advanced algorithms, the new tools offer a range of features that will support both buyers and real estate agents
The issuance witnessed demand from regional and international investors, with a subscription order of $720m, more than two times the offer size
Nemo Stojanovic, director of leasing and marketing, Central Park Towers, DIFC, Arady Developments, explains why the project is an attractive proposition to its residents and businesses setting up base within the prime location
A digital fractional real estate investment platform is offering a chance for those with limited budgets to enter the property market
The property in the Miami neighbourhood of Surfside will offer residents direct beach frontage and access to South Beach and Bal Harbour
It marked a 45.5 per cent increase over the month of April 2021
Emaar Properties’ revenue for the first quarter of the year increased by 12 per cent to total $1.806bn
Featuring 4,000 villas and townhouses, Masaar is divided into eight gated districts
The company board affirmed its support for legal action against the previous management
The UAE capital’s property market recorded 3,304 transactions, with Yas Island topping the list followed by Al Saadiyat Island and Al Reem Island
Revenues stood at Dhs2.68bn in Q1 2022, a year-on-year growth of 31.5 per cent
Real estate sales in the metaverse reached $500m in 2021 and it’s projected to grow at a CAGR of 31 per cent from 2022 to 2028
Damac has established a new division called D-Labs which is led by Ali Sajwani and dedicated to the metaverse initiative
Rawabi Holdings has established Magnom Properties, the real estate vertical of the company, to oversee the construction of projects in the MENA region
The development of a new housing complex in Al Khawaneej area 2, which will include 1,100 residential villas, was also approved
The recovery is led by Business Bay in Dubai, where average office rents have climbed from Dhs76 per sq ft in Q1 2020 to Dhs101 per sq ft at present
CBRE stated that the first quarter saw off-plan sales increase by 94.6 per cent and secondary market sales grow by 76.1 per cent over the previous year
Over the years, more complex technological tools have found their way into the real estate industry, changing the way properties are constructed, sold, and managed
D&B Properties has grown from a real estate agency that started off exclusively selling off-plan to a multipurpose holding firm with several divisions
The ten-bedroom property with its private beach has just sold for Dhs280m
Aldar Properties plans to use the plot on Saadiyat Island for a mixed-use development project, which will have 2,700 units including villas
Aldar has also secured development rights for an additional 250,000 sq ft of gross floor area for residential and commercial use as part of the deal
The market is seeing a rise in first-time buyers, taking 80 per cent loan-to-value mortgages, payment plans and offers from developers
The emirate’s sustainable communities come with high projected rental yields
Cordoba, which is part of the first phase of Bloom Living in Abu Dhabi, is scheduled for completion by the fourth quarter of 2024
Early indicators show positive trends for the secondary residential market
Located 20 minutes from Downtown Muscat, the project is spread over a total area of 11 million sq m, and will comprise of 3,500 residential units and two hotels
The first sale globally was to a senior banking executive in Dubai