• Value of 2,069 properties transactions in Dubai hit Dh10.7 billion in a week

    Gulf Property Report Dubai Dubai, UAE The total value of 2,069 land and properties transactions exceeded Dh10.7 billion (US$2.91 billion) in a week ending June 10, 2021, according to Dubai Land Department, the property registry inn Dubai. As many as 219 plots were sold for Dh1.46 billion while 1,418 apartments and villas were sold for Dh2.81 billion. The […]

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  • Carrefour to open at Al Zahia in Q3 2021

    Sharjah, UAE French hypermarket chain Carrefour will open its next hypermarket at Al Zahia – a growing neighbourhood of 3,700 homes in Sharjah. Carrefour was launched in the region in 1995 by UAE-based Majid Al Futtaim, which is the exclusive franchisee to operate Carrefour in over 30 countries across the Middle East, Africa, and Asia, and […]

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  • Embracing change may not be easy, but it is essential

    By: Amira Sajwani If the past year has taught us one thing, it is to be open to change. The effects of the global Covid-19 pandemic have ushered in drastic changes to how businesses and people operate. More companies are adopting the work-from-home model and consumers are increasingly turning to online shopping. People are often […]

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  • Real estate prices at The Heart of Europe leap as handover of properties begins this month

    Dubai, UAE, December 21, 2020 – The developers creating The Heart of Europe – the US$5 billion (Dh18.3 billion) prime hospitality and second home mega-project off the coast of Dubai – have revealed a strategic rise in the price of their fast-emerging properties to match other world-class real estate. Investors set to realise a fourfold increase […]

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  • Election Uncertainty Drives Interest in EB-5 Applications

    Dubai, UAE: As the world waits for the official results of the US presidential election, and the possibly tumultuous aftermath, foreign investors can take advantage of a limited window of opportunity to begin the permanent residency process with a certain degree of certainty. With the US Congress’s extension of funding for the EB-5 Immigrant Investor […]

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  • Real estate transactions reach Dh2.9 billion in a week ending

    November 5, 2020 Dubai, UAE: The total value of 1,241 real estate transactions in Dubai reached Dh2.9 billion in a week ending November 5, according to Dubai Land Department, the emirate’s land and property registry. As many as 44 plots of land were sold for Dh176.48 million, while the value of 854 apartments and villas […]

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  • Real estate transactions value reaches Dh3.89 billion in Dubai in a week

    Dubai, UAE The total value of real estate transactions in Dubai reached Dh3.89 billion in a week ending October 1 2020, according to Dubai Land Department. The number of transactions reached 1,732 from Sunday to Thursday. This includes 182 plots sold for Dh1.21 billion and 1,140 apartments and villas sold for a total value of Dh1.56 […]

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  • Emaar Malls profit plunges 69% to US$94 million in first half of 2020

    Dubai, UAE Coronavirus pandemic and subsequent lockdown caused a 69.48 percent fall in the net profits of Emaar Malls to Dh345 million (US$94 million), in the first half of 2020, compared to Dh1.13 billion (Dh308 million) recorded in the corresponding period last year. Shopping malls in Dubai were closed down for nearly two months from March […]

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  • Construction of the Heart of Europe’s Côte d’Azur Resort on Fast Track for Completion in Q4 2020

    The elevations of the four hotels resort Côte d’Azur that will offer a wide variety of European hospitality at the Heart of Europe leisure tourism destination off the coast of Jumeirah, have been completed Dubai, UAE Key Highlights 1.     Côte d’Azur, a resort of four boutique hotels within the Heart of Europe islands is set to open in the […]

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  • Arada awards Dh423 million construction contract to build 16 residential buildings in Dh24 billion Aljada township

    Sharjah, UAE Sharjah-based real estate developer Arada said it has awarded a Dh423 million (US$115.25 million) construction contract to Best Building Contracting Company to develop 16 apartment blocks in East Village, the second phase of Sharjah’s Dh24 billion mixed-use district, Aljada. The news comes at a time when most developers have slowed down or halted […]

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