NAKHEEL ADDS TOWNHOUSES TO ITS COLLECTION OF UPSCALE HOMES

Following the recent release and success of villas at the redeveloped Jebel Ali Village launched in November last year, master developer Nakheel has launched a new collection of luxurious three- and four-bedroom townhouses at the gated community. Ranging from 2,882 to 3,386 square feet, the bright and roomy townhouses feature timeless interiors with high-quality finishing…Read More→

DUBAI: 52,000 APARTMENTS, VILLAS WORTH DH114.2 BILLION SOLD IN 2021

Ultra-prime homes sales in Dubai that cost more than $10 million have reached record levels, according to a new whitepaper released by global property consultancy Knight Frank. In 2021, Dubai’s residential market recorded over 52,000 apartment and villa transactions, totalling Dh114.2 billion, more than the total for 2019 and 2020 combined. “The international elite continue…Read More→

DUBAI’S READY HOME SALES RISE SHARPLY TO $2.3BN IN FEBRUARY

The value of ready home transactions in Dubai more than doubled annually to Dh8.5 billion ($2.3bn) in February, according to Egyptian investment bank EFG Hermes. The increase was a result of a UAE property market rebound driven by government initiatives and Expo 2020 Dubai. Total residential activity rose 34 per cent a year to Dh15.5bn…Read More→

DUBAI: SOON, PAY YOUR RENT THROUGH DIRECT DEBIT INSTEAD OF CHEQUES

Tenants will be able to avail of flexible payment plans from the landlords In a new partnership between Dubai Land Department and Emirates NBD, rental cheque payments will soon be automated and digitized using the Central Bank of the UAE’s Direct Debit System (UAEDDS). This means that tenants can make payments through their bank accounts…Read More→

UAE GOLDEN VISA NOW AVAILABLE DIRECTLY FROM REAL ESTATE DEVELOPERS

UAE-based real estate developers are looking to make the most of the Golden Visa scheme by offering attractive Golden Visa benefits to eligible customers, including shouldering the cost of obtaining a UAE Golden Visa The Dubai real estate market recorded AED 22.7 billion sales in June – highest sales figures in the last 13 years –…Read More→

DUBAI RECORDS AED1 BILLION IN REAL ESTATE TRANSACTIONS

The emirate’s real estate market has been on an upward spiral in the recent weeks, recording transactions over $1 billion in several days, as it continues with its post-pandemic recovery The Dubai real estate market recorded transactions to the tune of over AED1 billion on Wednesday, July 13, according to data released by Dubai’s Land…Read More→