Property in Dubai
Dubai Real Estate News
The Dubai Municipality is taking radical measures to ensure that the city maintains its reputation for sustainability.
The biggest regional building construction show, The Big 5, has been unveiled in Dubai today, as the real estate sector bounces back in Dubai, after a decline in construction activities in previous years.
Lootah Real Estate Development, a high-end real estate developer in the UAE has now broke ground for second phase of Dh.
The real estate arm of Dubai Holding, namely, Dubai Properties, has appointed Engineering Contracting Company (ECC) as the lead contractor for Dh.
The Dubai-based developers have announced that they are re-starting work on seven stalled projects in the UAE, given, the strong economic fundamentals of the country and growing demand from international investors.
The first-of-its-kind luxury property exhibition will be held from 23rd to 27th November at the Dubai International Financial Centre (DIFC).
Dubai is back on the list of top cities for real estate investment, as the investment volumes grew by a whopping 2174.
The property sales values in Dubai city have dropped by 1 percent in the third quarter, and may soften further over the next quarter, say experts.
The new Real Estate Investor Protection Law which allows complete refund to investors, right to seek compensation, and such other rules, still awaits approval at the Rulers court, the Dubai Land Department (DLD) official revealed.
With robust growth in property sector, the real estate hotspots in Dubai are growing at a fast pace amidst continued interest from investors in newer areas which were otherwise not considered hot a few years ago, experts said.
Emaar, the largest developer in Dubai, is inviting bids for a commercial plot in Downtown Dubai, which will fetch at least Dh303 mn.
The Falconcity of Wonders (FCW), the multipurpose mega project being developed across Sheikh Mohammed bin Zayed Road, has signed deal with HyperPanda to open a retail facility at the Community Centre located in the Western Residences of Falconcity of Wonders.
Damac, one of the largest luxury real estate developers in Dubai, has announced the launch of a dedicated real estate initiative for UAE nationals.
Emaar Properties, the largest developer in Dubai, has sold 72 units in The Address Residence Sky View in Downtown Dubai with a 5-bedroom penthouse having been sold at Dh 23million, as per media report.
Leading Dubai-based real estate developer, Nakheel, has officially unveiled the Discovery Gardens Pavilion, a new shopping, dining and entertainment hub at one of the most popular communities in Dubai.
The Cityscape Global 2014 which concluded on 23rd September in Dubai, UAE, has been a major success with lead developers showcasing projects worth billions of dirhams and a record visitor turnout.
Indigo Properties will showcase their masterpiece development Zen during the forthcoming Cityscape Global Exhibition to be held in Dubai during the 21st to 23rd September 2014.
The rate of growth in property prices in Dubai has slowed down in the second quarter 2014 after having shot up by more than 20 percent in 2013, said Colliers International.
The first edition of Smart Living City Dubai 2014, a biannual event which focuses on local and international smart start-ups, will be held on 15th and 16th September at Jumeirah Emirates Tower.
Buroj Property Development, a leading real estate development company plans to develop 10 serviced apartments across Dubai by next year, driven by the expected 25million visitors to arrive in Dubai by 2020.
Despite the slow growth in property prices and decline in transactions, Dubai developers are continuing to launch fresh projects.
Affordable housing in Dubai may soon be a reality with Tasweek, an Abu Dhabi-based developer, having revealed plans to launch an affordable housing complex project by the year-end, which would coincide with its plan to launch the Dh.
The Dubai Investment Park (DIP), a wholly-owned subsidiary of Dubai Investments has leased at least 95,000 sq ft of warehousing facilities during the first half of the year.