With construction complete on roughly 80 luxury homes at Chelsea Barracks, 92 per cent of the finished properties have found owners
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
During the first nine months of the year, a total of 43,299 property sales transactions worth Dhs104.3bn were recorded in Dubai
The total volume of area circulated in sales transactions amounted to around 16.5 million sq ft
Villas proved more popular than apartments for mortgage purchases
It included 3,425 real estate sales transactions worth Dhs9.02bn, and 3,621 mortgage transactions valued at Dhs14.55bn
As much as 45 per cent of all transactions were off-plan
Average home prices rose 2.8 per cent in the six months to June
Main tourist areas continue to be popular
The emirate’s mortgage market has seen significant changes in the past few years, making it more accessible and attractive
The emirate’s residential market is seeing growing interest from international investors due to its robust fundamentals
Property sales surged to Dhs9.73bn in the second quarter, growing seven times over the year-ago period
The reality is that Dubai’s residential market has now shifted in favour of tenants, says Danube’s Rizwan Sajan
Dubai recorded 15,638 transactions worth Dhs36.86bn in Q2 2021
Majestic Vistas will be located within the lavish Dubai Hills Vista development
Hussain Sajwani resigned as its chairman last week after his investment firm offered to acquire 100 per cent of Damac
The 12,140 sqft villa is reportedly the most expensive Dubai villa to be sold in the past six years
According to the founder, missed deadlines are a ‘real source of concern’
Qatar is spending hundreds of billions of dollars on infrastructure construction ahead of the World Cup
Construction is set to commence in November 2021, with handovers expected to begin in February 2024
Of the transactions, 71 per cent were for apartments and 29 per cent for villa/townhouses
The developer may invest between $1bn to $1.5bn in the next 12- to 18 months on acquisitions abroad and at home
Emaar Properties reported a 57.8 per cent drop in net profit for 2020
Cityscape’s Chris Speller reveals the trends shaping Dubai’s property market and plans for the emirate’s biggest property exhibition
The offer values the Egyptian property developer at about $420m
The simple, fundamental principle of investing dictates that you should buy low and sell high
Stations at Jebel Ali, Al Furjan, Discovery Gardens and The Gardens will start operating from New Year’s Day
The impact of Covid-19 and a likely reduction in the UAE population will hamper the revival
Meydan’s two main lines of business – real estate and horse-racing – will remain separate
The Emaar boss also hit back at suggestions the company is responsible for an oversupply of properties