News

In order to develop government-owned land, Sharjah will recruit the help of the private sector, which would significantly improve the city's real estate and construction industries. The goal? It was said that the objective was to "reclaim them (the land) in a way that contributes to realizing comprehensive development in the emirate" in a statement issued by the Sharjah Executive Council. In light of...

According to Wasl Asset Management Group, one of the largest real estate development and management businesses in Dubai, Gardenia Townhomes II, which had gone on the market in its second phase, has been totally sold out. The project, which is a part of Jebel Ali's Wasl Gate Master Development, is expected to be finished in Q3 2024. Townhomes in the development start at Dh2.9 million, with an alluring...

Al Hamra, the top lifestyle developer and investment company in Ras Al Khaimah, has announced the availability of the luxurious 4-5-bedroom freestanding sea view and 3-4-bedroom canal view villas on Falcon Island. Further proof of the project's value offer, the public's trust in Al Hamra, and the growing popularity of the Emirate of Ras Al Khaimah comes from the successful sales of all of the two- and...

According to information provided by Dubai's Land Department, on Thursday, the real estate market in Dubai saw 475 sales transactions for AED1.38 billion, 101 mortgage transactions worth AED491.51 million, and 56 gift transactions worth AED141.96 million (DLD). The sales included 412 houses and apartments worth a combined AED1.06 billion, together with 63 land plots for AED325.15 million. The mortgages...

The real estate market in Dubai had 396 sales transactions worth AED1.33 billion on Tuesday, along with 66 mortgage deals totaling AED18.2 million and 69 gift deals totaling AED100.96 million, according to data given by Dubai's Land Department (DLD). 363 houses and apartments worth a combined AED932.73 million and 33 land plots worth AED402.2 million were sold. The mortgages also comprised 63 homes and...

After a difficult debut immediately following the Covid phase, "co-living" options in Dubai are now vying for more visibility with tenants. As landlord attitudes change at a time when potential tenants are looking for less expensive accommodation, particularly among the younger generation, co-living spaces will become more common in the city. Dubai Young people throughout the world are no longer...

RAK Properties PJSC, Ras Al Khaimah's largest listed real estate developer, disclosed Dh408 million in annual revenue for 2022 on Sunday. In the course of the year, RAK Properties built 207 villas in Marbella, a luxurious beachfront development on Hayat Island, and 266 flats in Julphar Residence on Abu Dhabi's Reem Island. RAK Properties also successfully opened the 5-Star InterContinental Hotel &...

Homes in Dubai's newest, ultra-luxury districts are almost ready to sell for Dh100 million or more. An Indian family paid Dh90.5 million for an eight-bedroom villa on "Lanai Island," which is a part of the Tilal Al Ghaf master development, at the beginning of February. villa A spokesman of Metropolitan Premium Properties (MPP), the company that negotiated the deal, stated that the opulent mansion with...

According to data supplied by Dubai’s Land Department (DLD), the real estate market in Dubai saw 537 sales transactions worth AED1.44 billion on Wednesday, along with 79 mortgage deals totaling AED193.57 million and 30 gift deals totaling AED104.38 million. The sales included 106 land plots worth AED616.72 million and 431 houses and apartments worth AED824.67 million. The mortgages covered 14 land...

According to the most recent data published by Dubai's Department of Economy and Tourism, 14.36 million international overnight visitors visited the city in 2022, an increase of 97% over the 7.28 million tourists that came in 2021. (DET). Additionally, the emirate came very close to the 16.73 million tourists it had before the epidemic in 2019, which further bolstered its standing as the top global...