Here are the trends that are set to shape the trajectory of the emirate’s property market in 2022
The company signed 16 contracts with UAE-based companies to support the National ICV programme
Aldar has secured development rights for an extra 11,200 sq m of gross floor area, with an option to acquire an additional 7,400 sq m for retail and commercial use
Via the agreement, 100 per cent of Aldar’s owned and managed operating assets will be powered by EWEC’s clean energy sources for up to five years
The MoUs with Bayut, DXBinteract.com and Property Finder will provide the real estate sector with solutions to encourage transparency in information and procedures
Fouad Bekkar, founder and CEO of Homevalue has joined Property Finder and takes on the role of vice president in charge of data and AI
It will enable Aldar to save approximately Dhs40m per year in energy consumption costs
The community will span an area of 397,000 sqm in Yas North, with construction scheduled to commence in Q4 2022
The 20,500 square metre plot located on The Palm’s East Crescent has been bought from Nakheel
Legislation on minimum acceptable green standards, new building codes, new sustainable building materials and even the use and disposal of construction waste, will be required in the immediate future
Infrastructure and real estate developments need to prioritise environment-friendly architecture and design today for a viable tomorrow
We opened our showrooms in Uzbekistan and Nepal and are planning to take Danube Homes to more than 50 countries worldwide
Change in work week, introduction of new labour laws and visa options contributed, states JLL’s 2021 year-end report
The total number of real estate sales transactions that took place last year were also the highest since 2013
The company’s improved ESG ratings have been attributed to the consistent and broad integration of sustainability practices into its operations
Arada sold 2,488 homes last year, 6 per cent more than the year before
The Dubai Marina area saw the highest number of transactions
Business activity in Dubai rebounded sharply last year alongside a jump in tourism
The acquisition is part of Alpha Dhabi’s Dhs8bn strategic investment plan across key sectors in the UAE
The project will include four landmarks – an opera House, museum, sports stadium and oceanarium, as well as 17,000 residential units
With construction complete on roughly 80 luxury homes at Chelsea Barracks, 92 per cent of the finished properties have found owners
The combination of supply finally increasing in Dubai and short-term rentals also growing will ensure the market does not see a major crash
Investment holding company Al Qudra’s board has approved a new foreign ownership limit of 30 per cent of outstanding shares
With the logistics sector dominating the market for new leasing, demand for warehousing space is gradually ticking
Demand is starting to outstrip supply within the emirate’s commercial property space
Investors rushing to buy off-plan properties in Dubai must avoid focusing on the short-term market trends
The value of real estate sales transactions for the first 11 months of the year is 88.39 per cent more than 2020 as a whole
With prices of villas and townhouses rising in Dubai, what counts for a good move?
The awards lauded luminaries from across the region’s business ecosystem
Here’s how the former Facebook and Google executive, Ari Kesisoglu, is bringing that plan to life