October 9 Dubai Real Estate recorded the sale of 3 lands for 3.4 billion dirhams within hours, on Monday, bringing the total sales registered in the Land Department to 4.82 billion dirhams, and transactions exceeding the barrier of 5 billion dirhams. A plot of land was sold for 1.83 …
Read More »730 million dirhams in Abu Dhabi real estate transactions in a week
October 8 The value of real estate transactions in Abu Dhabi during the past week amounted to 730 million dirhams through 188 real estate sales and mortgage transactions, according to the “Dari” platform of the Department of Municipalities and Transport in Abu Dhabi. The platform explained that the value of …
Read More »26 thousand hotel reservations for UAE residents every day in Dubai
October 5 The annual report issued by the Department of Economy and Tourism in Dubai, for the year 2022, revealed that domestic tourism once again contributed to the remarkable success achieved by the tourism sector in the emirate in 2022, as an extension of its pivotal role in the …
Read More »Emaar Properties shares exceed the height of Burj Khalifa
October 2 Emaar Properties shares rose during Monday’s session by 3.5% to 8.32 dirhams, amid strong trades worth 217 million dirhams. The “Burj Khalifa” developed by the company, the tallest building in the world with a height of 828 meters, is the most popular in 9 countries around …
Read More »Dubai’s real estate sector attracts Russian investors
September 28 Russian investors have become major investors in real estate in Dubai, after their reluctance to enter the European and North American markets. These investors are working to transform into real estate developers, or acquire residential real estate complexes to build small communities that mimic their home in …
Read More »Two plots of land were sold for one billion dirhams within hours in Dubai
September 25 Real estate transactions at the Dubai Land Department amounted to more than 2.5 billion dirhams, as the department witnessed today the registration of 399 sales worth 2.3 billion dirhams, including 93 sales of land worth 1.59 billion dirhams and 306 sales of apartments and villas worth 714.8 …
Read More »Alef Group begins construction of the Hayyan project in Sharjah at a cost of 3.5 billion dirhams
Sharjah on September 23 Alef Group – the leading real estate and retail development company in the Emirate of Sharjah – announced the start of construction work on its “Hayyan” project, to be a pioneering model for natural living and place the Emirate of Sharjah on the map of …
Read More »Emaar Properties shares are at their highest level in 10 years
September 21 Emaar Properties shares jumped more than 5% during a trading session on Thursday to 7.85 dirhams, the highest level since January 2014. By mid-session, the stock had attracted trades of more than 190 million dirhams. For its part, “Emaar Development” rose 2.1% to 7.22 dirhams. Dubai Islamic …
Read More »44 most searched areas for buying and renting property in the Emirates
September 20 “Property Finder” revealed a list of 44 areas that topped the interest of searchers for residential real estate in the UAE, based on the real estate data displayed, during the last twelve months, and supported by the “Data Guru” tool, which the platform recently launched, and provides …
Read More »Nakheel launches for sale the first group of villas in the “Palm Jebel Ali” project
Dubai on September 18 Nakheel, the world’s leading real estate developer headquartered in Dubai, has launched its ambitious project into the market by offering its first collection of Palm Jebel Ali villas for sale. This comes in the wake of the approval by His Highness …
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