Dubai real estate

Central Park Towers DIFC Unveils 116-Meter-Long Link Bridge, Transforming Connectivity

Central Park Towers DIFC Unveils 116-Meter-Long Link Bridge, Transforming Connectivity

Central Park Towers, the largest office development in the Dubai International Financial Centre (DIFC), has inaugurated its latest project, the 116-meter-long Link Bridge. This air-conditioned walkway seamlessly connects Central Park Towers to Gate Avenue, a multifaceted retail, dining, and entertainment hub at the heart of DIFC. Read this also : Dubai Taxi Lost and Found: A Quick Guide on Retrieving...

Dubai Real Estate Market Surpasses AED 1.8 Billion in Transactions on January 16

Dubai Real Estate Market Surpasses AED 1.8 Billion in Transactions on January 16

In a recent update from Dubai's Land Department (DLD), the real estate sector showcased robust activity on January 16, witnessing a total of 525 sales transactions valued at AED 1.54 billion. The day also saw 127 mortgage deals amounting to AED 226.51 million and 19 gift deals totaling AED 89.9 million. Reas this also : Surge in Demand: Dubai’s $10 Million Plus Homes Market...

Surge in Demand: Dubai's $10 Million Plus Homes Market Skyrockets by Nearly 100% in 2023

Surge in Demand: Dubai’s $10 Million Plus Homes Market Skyrockets by Nearly 100% in 2023

In 2023, Dubai witnessed an impressive surge in the sale of homes priced at $10 million and above, with transactions skyrocketing by over 92%, totaling 431 sales. This robust activity underscored the active participation of affluent investors in Dubai's thriving real estate market. The year saw several records shattered, and indications suggest that this trend is set to continue throughout 2024. Read...

UAE Leads Global Property Price Surge in 2023: Insights from the IMF

UAE Leads Global Property Price Surge in 2023: Insights from the IMF

In 2023, the United Arab Emirates (UAE) emerged as the global leader in property price increases, as reported by the International Monetary Fund (IMF). Among the top ten nations witnessing substantial real estate appreciation since the pre-pandemic era, the UAE claimed the spotlight, showcasing a remarkable surge in property prices. Read this also : Dubai and Abu Dhabi Real Estate Markets Soar to...

DAMAC Properties Secures Contracts Worth $81.74 Million for DAMAC Hills 2 Developments

DAMAC Properties Secures Contracts Worth $81.74 Million for DAMAC Hills 2 Developments

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...

Dubai's Real Estate Soars with AED 4 Billion in Transactions on Wednesday

Dubai’s Real Estate Soars with AED 4 Billion in Transactions on Wednesday

Dubai's real estate market witnessed a remarkable surge on Wednesday, as reported by the Dubai Land Department (DLD). The data reveals a total of 494 sales transactions, amounting to AED 2.18 billion. In addition, the day recorded 101 mortgage deals, totaling AED 1.07 billion, and 42 gift deals reaching a sum of AED 787.19 million. Read this Also : Discover the Anticipated Hotels in Dubai Set to Open in...

Discover the Anticipated Hotels in Dubai Set to Open in 2024

Discover the Anticipated Hotels in Dubai Set to Open in 2024

Dubai, a city synonymous with luxury and innovation, is gearing up for the unveiling of several upscale hotels in 2024. These developments, a testament to the city's thriving tourism and real estate sectors, promise an unparalleled experience for residents and visitors alike. Five Luxe: Adding to Dubai's hospitality landscape, the renowned FIVE chain is expanding with the introduction of FIVE LUXE at...

Arada Expands Dubai Presence with Dh600 Million Zabeel 2 Plot Acquisition

Arada Expands Dubai Presence with Dh600 Million Zabeel 2 Plot Acquisition

In a strategic move, Sharjah-based developer Arada has made a noteworthy entry into the dynamic Dubai real estate market by acquiring a prime Dh600 million plot in Zabeel 2. The announcement on Tuesday revealed that Arada, a prominent master developer, envisions the construction of a 50-story luxury residential tower featuring 400 upscale apartments on this expansive 138,466-square-foot plot. Read this...

Binghatti Heights Project in JVC Surpasses Expectations, Completed Ahead of Schedule

Binghatti Heights Project in JVC Surpasses Expectations, Completed Ahead of Schedule

Binghatti Developers, a prominent real estate and property development company based in Dubai, has achieved a remarkable feat by completing the Binghatti Heights project ahead of schedule. This project, nestled in Jumeirah Village Circle (JVC), comprises 365 residential units and reflects the company's commitment to excellence in the dynamic Dubai real estate market. Read this : Qatar’s Real Estate...

Dubai Continues to Spearhead GCC Real Estate Market in 2024: Kamco Invest Report

Dubai Continues to Spearhead GCC Real Estate Market in 2024: Kamco Invest Report

Dubai is poised to maintain its dominant position in the GCC real estate market throughout 2024, building on a stellar performance that accounted for over half of the GCC's transactions valued at $171.6 billion in 2023, according to realty analysts. The strategic insights provided by Kamco Invest underline the strength of Dubai's real estate sector, projecting a sustained leadership role in the...

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