• Dubai real estate contribution to GDP nearly doubles to 13.6% in 2018

    The total value of real estate transactions fell 27.8 percent in 2018 to Dh223 billion, declining from Dh285 billion in 2017, according to statistics revealed by Dubai Land Department (DLD). More than 31,000 investors and property buyers sold and purchased land and properties worth Dh223 billion through 41,000 transactions in 2018, DLD said. “The real […]

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  • UAE- based affordable housing pioneer, Danube Properties enters South Indian market by opening office inKochi,Kerala

    Bollywood sensation Sunny Leone to greet investors at the launch event in Kochi, Kerala – marking a major expansion of Danube Properties sales operation in India Danube Properties, The UAE- based affordable housing pioneer and one of the most dynamic & popular private real estate developers in the UAE, today launched its operation in the […]

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  • Samana Developers breaks ground for Dh100 m Samana Hills project

    Samana Developers, a Dubai-based boutique real estate developer and part of Samana Group of Companies, has broken ground on its second real estate project Samana Hills – reflecting the developer’s strong commitment to Dubai’s real estate market. The Dh100-million ($27.3 million) Samana Hills project – a freehold property – will deliver 205 residential units comprising […]

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  • Wasl to deliver 3,866 apartments in 35 buildings in Warsan ahead of Expo 2020

    Dubai, UAE: Wasl Properties, a subsidiary of Wasl Asset Management Group, said, construction on its Warsan project is well underway for a timely delivery for Expo 2020. The Warsan project will comprise 35 buildings in a community-style layout that when completed will provide 3,866 residential units — 3,380 shared units, 360 studio units  and 126 […]

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  • Dubai Land Department releases prisoners in rental cases

    Dubai Land Department (DLD) said it will release 22 prisoners in rental cases, as part of a compassionate scheme and in line of the Year of Tolerance – celebrated across the year in 2019. However, the release of the rent offenders comes as after a young UAE businessman donated a substantial amount that covered a […]

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