March 2, 2024

Dubai Real Estate Sector Soars to New Heights in 2023: Insights from Savills

Dubai Real Estate Sector Soars to New Heights in 2023: Insights from Savills

In 2023, Dubai's real estate market witnessed unprecedented growth, achieving record-breaking transaction activity in the residential sector. According to a recent report by global real estate services provider Savills, the residential sector experienced a remarkable 29 percent annual growth, reaching an all-time high of 118,200 units sold, marking the first time transactions surpassed 100,000 in the...

ASALDI Properties Launches $80 Million 'Shades' Project in Egypt

ASALDI Properties Launches $80 Million ‘Shades’ Project in Egypt

ASALDI Properties introduces its groundbreaking project, Shades, with a total investment of EGP 2.5 billion, marking a significant entry into the Egyptian real estate market. The company aims to invest EGP 10 billion over the next five years, underscoring its commitment to the region's growth. Click Here to Read More : Union Properties Achieves Land Disposal Success in Dubai, Eyes Further...

Union Properties Achieves Land Disposal Success in Dubai, Eyes Further Growth

Union Properties Achieves Land Disposal Success in Dubai, Eyes Further Growth

Union Properties, a leading developer in Dubai, is making strategic moves by selling non-core land assets, signaling a significant milestone in its turnaround strategy and garnering substantial financial support. Click Here to Read More : Binghatti’s $300 Million Sukuk Issuance Receives Strong Investor Response Having already disposed of assets worth over Dh500 million, Union Properties emphasizes...

Binghatti's $300 Million Sukuk Issuance Receives Strong Investor Response

Binghatti’s $300 Million Sukuk Issuance Receives Strong Investor Response

Binghatti, a prominent developer based in Dubai, has achieved a significant milestone with the successful launch of its inaugural $300 million, three-year sukuk issuance. This Islamic bond, priced competitively at 9.625%, has tightened by 30 basis points, showcasing robust investor confidence and demand. Click Here to Read More : Dubai Real Estate Witnesses Surge in Rent Prices: Dubizzle Annual Property...

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