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Tag: property

Posted on 02/07/2024

Dubai’s ‘Billionaire Island’ sets new real estate record with $65m villa sale

A six-bedroom villa on Dubai’s exclusive Jumeirah Bay Island has sold for Dhs240.5m($65.47m), marking the highest price ever recorded for a property, on the island. This sale sets a new benchmark for …

Posted on 02/07/2024

Dubai real estate: Property sales volume surges 30% due to strong demand

May witnessed the highest sales transactions on record, with volumes up 47.7 percent month-on-month and 45.9 percent year-on-year in Dubai …

Posted on 02/07/2024

Dubai real estate: Property sales volume surges 30% due to strong demand

May witnessed the highest sales transactions on record, with volumes up 47.7 percent month-on-month and 45.9 percent year-on-year in Dubai …

Posted on 02/07/2024

Dubai real estate: Fairmont, SOL Properties unveil new luxury Fairmont Residences Solara Tower

Fairmont Hotels and Resorts, a leading luxury hotel operator, has partnered with developer SOL Properties to launch a new residential development in Downtown Dubai. Fairmont Residences Solara Tower is …

Posted on 02/07/2024

Oscar-winner DNEG lands $2bn-plus valuation after Abu Dhabi fundraising

Oscar-winning UK movie tech firm DNEG Group has achieved a valuation of more than $2bn (£1.6bn) after an Abu Dhabi-backed fundraising to support expansion into producing its own films and games. …

Posted on 02/07/2024

Revealed: Dubai real estate firms lure new expat tenants with free chocolates, custom-designed homes as market competition heats up

The initiatives boost homegrown businesses and add a ‘sense of charm and personality’ to each unit, experts say …

Posted on 01/07/2024

Dubai property prices up 21% with staggering 35,310 transactions in Q2

In Dubai, the commercial real estate market has shown remarkable performance, with average rents increasing by 22.2 per cent annually and 17.1 per cent quarterly. This rise happened because the …

Posted on 01/07/2024

Dubai property prices up 21% with staggering 35,310 transactions in Q2

In Dubai, the commercial real estate market has shown remarkable performance, with average rents increasing by 22.2 per cent annually and 17.1 per cent quarterly. This rise happened because the …

Posted on 01/07/2024

Dubai: Residents, investors opt for off-plan units due to lack of affordable listing

Developers are offering attractive payment plans for off-plan projects including up to eight years after the handover …

Posted on 01/07/2024

Dubai announces new AED3.8bn mixed-use development project ‘DIFC Square’

DFIC Square will comprise three connected buildings providing 600,000 square feet of office space and 17,200 square feet of retail area …

Posted on 01/07/2024

Dubai announces new AED3.8bn mixed-use development project ‘DIFC Square’

DFIC Square will comprise three connected buildings providing 600,000 square feet of office space and 17,200 square feet of retail area …

Posted on 01/07/2024

EXPOSED: El-Rufai, Tinubu’s Minister, Labour Leader, Atiku’s 23-Year-Old Daughter, Other ‘Owners’ Of N1.49trn Properties In Dubai

Within four years, politically exposed personalities (PEPs) in Nigeria have doubled their investment in the real estate sector of Dubai, United Arab Emirates, according to an investigation on Business …

Posted on 01/07/2024

Dubai’s Property Boom Propels Luxury Rentals to Record Heights

This surge in luxury rentals reflects the robust state of Dubai’s property sector. Analysts attribute the growth to several factors, including an influx of wealthy individuals seeking a luxurious …

Posted on 30/06/2024

Dubai: Mortgages hit 14-month high as demand for property stays strong

Mortgage transaction volumes saw a massive increase in Dubai— reaching nearly 14-month high — despite relatively high interest rates in the UAE even as demand for local property stayed strong.

Posted on 30/06/2024

Dubai real estate to see steady growth as more serious buyers invest in local markets

Follow KT on WhatsApp Channels. Experts in the industry say that property market has moved beyond the boom-bust cycles as it has now become a more mature and regulated sector. “Dubai’s real estate …

Posted on 30/06/2024

Dubai real estate to see steady growth as more serious buyers invest in local markets

Follow KT on WhatsApp Channels. Experts in the industry say that property market has moved beyond the boom-bust cycles as it has now become a more mature and regulated sector. “Dubai’s real estate …

Posted on 30/06/2024

9 must-see Abu Dhabi luxury real estate developments: Elie Saab branded residences, exclusive golf homes, private garden homes and more

The real estate market in Abu Dhabi is booming, with rising demand for premium properties such as luxurious waterfront apartments and exclusive villas. Increased investment and development are …

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