UAE property

Record-Breaking Real Estate Transactions Forecasted for Sharjah's Central and Eastern Regions in 2023

Record-Breaking Real Estate Transactions Forecasted for Sharjah’s Central and Eastern Regions in 2023

In 2023, real estate transactions worth $326.7 million are expected to occur in the Central and Eastern Regions of Sharjah, marking a significant increase from previous years. According to the annual report from the Sharjah Real Estate Registration Department, the Central and Eastern Regions witnessed AED 1.2 billion in real estate transactions in 2023, compared to AED 1 billion in 2022. Read this also...

Azizi Developments Unveils Ambitious $1.5 Billion Project for Burj Azizi, Dubai's Second Tallest Tower

Azizi Developments Unveils Ambitious $1.5 Billion Project for Burj Azizi, Dubai’s Second Tallest Tower

On January 18, Azizi Developments, based in the UAE, disclosed a $1.5 billion investment to erect Burj Azizi, set to be Dubai’s second-tallest tower on Sheikh Zayed Road. The completion is anticipated in four years, featuring a seven-star hotel, vertical mall, and opulent apartments and penthouses. Beyond unique amenities, the tower boasts a pioneering observation deck and upscale dining options. Mirwais...

Arada Completes First Homes in Masaar, Sharjah's Forested Megaproject

Arada Completes First Homes in Masaar, Sharjah’s Forested Megaproject

Arada, the renowned developer, has achieved a significant milestone with the completion of the initial homes in Masaar, an expansive forested project nestled in Sharjah's Suyoh district. The handover process for the 430 homes in the Sendian district has commenced, marking a momentous step in the realization of this ambitious project. Read this also : Alef Group Unveils Nama 3, a Premier Residential...

Surge in Dubai Property Costs Fueled by Russian Investors

Surge in Dubai Property Costs Fueled by Russian Investors

The Dubai real estate landscape has witnessed a remarkable upswing, with a staggering 47% surge in property costs attributed to a substantial influx of Russian investors, according to recent research findings. For years, Dubai has been a magnet for affluent businesses and investors worldwide, drawn by the UAE's stable market and opulent lifestyle. However, the unprecedented wave of Russian investors in...

Azizi Developments' Pearl Project in Al Furjan: Completion Update for Q1 2024

Azizi Developments’ Pearl Project in Al Furjan: Completion Update for Q1 2024

In a recent announcement, Azizi Developments, a prominent UAE-based real estate developer, shared a progress update on their prime project, Pearl, located in the thriving Al Furjan growth corridor in Dubai. The development has reached an impressive 80% completion and is on track to be finished by the end of Q1 2024. According to Azizi, key milestones have been achieved in the construction process. The...

Unveiling Dubai's Future Skyline: Aqua Properties to Introduce 50-Storey Residential Tower on Sheikh Zayed Road

Unveiling Dubai’s Future Skyline: Aqua Properties to Introduce 50-Storey Residential Tower on Sheikh Zayed Road

In response to escalating demand for off-plan apartments, particularly in Dubai, Aqua Properties, a prominent UAE-based real estate company, is set to launch two groundbreaking projects totaling Dh3 billion within the next six months. Ali Tumbi, the founder of Aqua Properties, highlighted the company's innovative approach and its leading role in delivering upscale apartments and strategically positioned...

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