News

Dubai villa, apartment prices to rise modestly in coming years

24 August 2021, Khaleej Times – khaleejtimes.com

This stands in stark contrast with other world property markets, where already record-high house prices were expected to rise in double digits this year.

Dubai’s residential property market is on a steady course, with …

Aldar launches third phase of Yas Acres development

23 August 2021, The National News – thenationalnews.com

The developer will release 312 new villas and townhouses for sale in the Magnolias in September.

Aldar Properties, Abu Dhabi’s biggest developer by market value, is launching the third of phase of Yas …

Emirates Development Bank sign deal to boost SMEs financing

23 August 2021, Arab News – arabnews.com

Dubai Industrial City, a member of Dubai Holding Asset Management, has signed a deal with Emirates Development Bank (EDB) to provide financing and banking solutions to small and medium-sized enterprises and support the …

Dubai’s Residential Property Sales Hit New High

22 August 2021, Silicon India – siliconindia.com

Property sales have reached an 11-year high on a monthly basis. At that time, 4 774 units of real estate were sold, which was the highest figure since 2008. And every month becomes …

Dubai property demand set to pick up further

22 August 2021, Khaleej Times – khaleejtimes.com

The market is improving and property prices are on the rise with a good number of high net worth foreign investors from India, Russia and other countries are flocking to Dubai to buy …

Jumeirah Bay Island plot sells for Dh61 million in new record

19 August 2021, Khaleej Times – khaleejtimes.com

The plot was originally purchased for Dh34 million.

Luxhabitat Sotheby’s International Realty said on Wednesday that it sold a Jumeirah Bay Island plot for nearly double its original price at Dh61 million to a …

Dubai Investments set to deliver $952m mixed-use projects by H2

18 August 2021, Trade Arabia – tradearabia.com

Dubai Investments is gearing for the delivery of projects worth AED3.5 billion in the second half of 2021 across Dubai and Fujairah.  

The handover portfolio includes the delivery of the final phase comprising mall, …

Quadrupling off-plan sales boost Dubai’s property deals

18 August 2021, The National News – thenationalnews.com

Palm Jumeirah registered the best annual price performance, rising to $584 per square foot in July 2021 from $345 a year earlier

Off-plan property sales in Dubai quadrupled in July, boosting the emirate’s …

Dubai ranks among top cities in capital value surge

17 August 2021, Khaleej Times – khaleejtimes.com

The work-from-home boom and the consequent increased need for space helped to increase capital values by 4.2 per cent in Dubai.

Dubai ranks among the 30 prominent global cities to record a positive capital …

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