Muscat: The National Centre for Statistics and Information (NCSI) recently issued data showing that, from OMR948 million in the same period of 2023 to OMR760.2 million at the end of April 2024, the value of real estate transactions in the Sultanate of Oman decreased by 19.8%. Read this also: Dubai’s Elevate fintech raises $5 million to capitalize on the surge in freelancing NCSI preliminary...

Damac Properties, a leading international real estate developer headquartered in the United Arab Emirates, has announced its expansion into the Asia-Pacific (APAC) region with the opening of new offices in Beijing and Singapore. This strategic move marks Damac's commitment to expanding its global presence and investing significantly in the APAC market. Read this also : Flydubai to Begin Operations in...

In the wake of last week's heavy rainfall in Dubai, developers have taken proactive steps to support their communities by covering the cost of repairs for properties affected by flooding and damage. Private real estate developer MAG is extending its assistance to customers impacted by the inclement weather. MAG announced that it will cover all costs associated with repairing affected residences within...

In a display of community support, real estate developers in Dubai have stepped up to assist residents affected by last week’s severe rainstorm. The heavy rainfall led to extensive flooding, damage to cars, and property destruction across the city. Developers have committed to covering the cost of repairs for impacted residents, easing the burden on those dealing with the aftermath of the...

To enhance job opportunities for residents, the Dubai Land Department (DLD) announced a groundbreaking initiative on Sunday. The department has entered into agreements with nine prominent developers, both private and government-backed, to reserve a specific percentage of their projects for sale through Emirati brokers. Read this also : Expo Sharjah Plans Expansion to Attract New Exhibitors and Boost...

In a recent press release, real estate giant DAMAC Properties announced winning contracts totaling $81.74 million for its DAMAC Hills 2 project. The main works package, valued at AED 300 million, includes significant contributions from key partners. Visit the Properties for Sale with NBS Real Estate : For Sale - Click here Key Highlights: China Tiesiju Civil Engineering Group: Awarded the first...

Introduction: Investing in real estate is a significant decision, and choosing the right builder can make all the difference between a successful and satisfying experience and a costly mistake. In Dubai's dynamic real estate market, where numerous developers offer an array of projects, finding the perfect builder can be overwhelming. Fear not! This comprehensive guide is here to help you navigate the...