Property in Dubai
Dubai Real Estate News
The details of a new 75-hectare mixed-use development project worth $4bn at Mohammed bin Rashid Al Maktoum City in Dubai, has been announced by Sobha Developers yesterday.
The Director General of Dubai Land Department, Sultan Butti Bin Mejren, has confirmed that there is no increase in property registration fee in Dubai.
Tenants and prospective purchasers in Dubai have begun looking out for peripheral Dubai communities, as prices in some of the most popular locations in the emirate are out of reach for them, a new report reveals.
For the first time, leading Dubai-based master developer Emaar has granted permission to its residents in certain communities to build an additional room in the garden of the villas.
The prime residential rent rates have seen the strongest growth worldwide in Dubai by 6 percent during the first quarter of the year, followed by 5 percent increase noticed in Tokyo, a recent report said.
The Dubai RTA (Roads and Transport Authority) has announced that work is gathering pace at the Jumeirah Corniche project, with 55 percent of work already complete.
The upscale properties in Dubai are not growing in value as they used to.
Leading regional developer, Schon Properties has signed pact with Xanadu Real Estate Development to obtain Dh 339mn funding for its Dubai Lagoon Project, due to be one of the best master development communities in Dubai.
RAK Properties has announced the launch of their new Bermuda Villas project, which form part of the companys master development project, Mina Al Arab, the latest waterfront community in RAK.
According to latest data published by business intelligent service, about 744 real estate developments, worth a total of $123bn are currently under progress in Dubai.
Real estate prices in the UAE are showing signs of stabilization following strong growth over the past two years, particularly in Dubai and a huge dip in prices is unlikely in the short term, a report said.
With Dubai having won the bid to host Expo 2020 in November, there has been an extraordinary growth noticed in the emirates real estate sector, with residential market growing rapidly, recording its strongest five-year growth, the report said.
The Tecom Business Parks which include the Tecom Investments’ nine free zones have announced new developments worth Dh 1bn, which strengthens its position as the leading business communities in the region, thereby reflecting its growth momentum in comparison to the past year.
The futuristic Meydan Racecourse in Dubai becomes the centre of horse-racing universe once a year.
Real estate market in the UAE is getting expensive by the day, and has been indicating signs of being a strong sellers market, reveals a Bayut.
Indians continue to remain top expat property buyers in Dubai, with investment of about Dh.
Leading real estate portal, Magicbricks is organizing a two-day real estate expo in Dubai, namely The India Property Show 2014 at Hotel Le Meridian on 18th and 19th April.
A new law aimed at boosting the growth of Small and Medium-sized Enterprises (SMEs) in the UAE is likely to be introduced any time soon.
The Jumeirah Golf Estates (JGE), a leading luxury residential golf community located amidst Green Community and Dubai Sports City is likely to showcase its latest batch of Fireside and Juniper Way luxury villas and other properties in various districts during the forthcoming property show in Dubai.
Real Estate Regulators have warned developers in Dubai against claiming property fees from tenants, a report said.
The Dubai-based developer, Trident International Holdings, will restart work on the 516-metre residential tower, The Pentominium, which is also the worlds tallest residential tower.
The property prices in Dubai are not inflated, and are driven by growing demand from end-users and investors, said a developer in Dubai.
The Dubai real estate market has been dominated by Qatari nationals last year, marking a per capita investment of Dh.
Schon Properties, leading Dubai developer and the developer of Dubai Lagoon project in Dubai Investment Park, has confirmed that funding is in place to expedite the completion of master development.
Leading Dubai developer, Nakheel has commenced leasing at The Pointe, the new Dh800mn retail, dining and entertainment complex at Palm Jumeirah.