• Land deal value in Dubai hits Dh6.2 bn in a week

    Gulf Property Exclusive Summary of weekly real estate transactions for the week ending 26 August 2021. Dubai The total value of 1,849 land and properties transaction reached Dh6.2 billion in a week ending August 26, 2021, said a latest Dubai Land Department release. Of these, 215 land plots were sold for Dh1.2 billion, while 1,130 […]

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  • Marjan announces the opening of Dh450 million 515-room Hampton Hotel at Marjan Island

    Marjan, a leading freehold property developer in Ras Al Khaimah, said, it has opened the largest Hampton branded hotel at its flagship Marjan Island, called Hamption by Hilton Marjan Island adding 515 rooms to Ras Al Khaimah’s growing tourism industry. The project, valued at Dh450 million (US$122.5 million) is the first property by the hotel […]

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  • Dubai’s RDC settles 8,713 rental disputes worth Dh2.5 billion in H1, 2021

    Dubai, UAE Rental Dispute Centre, the judicial arm of Dubai Land Department, said, it settled 8,713 rental disputes worth Dh2.53 billion (US$690.19 million) in the first half of 2021. Rental Dispute Centre (RDC) also said that it succeeded in resolving 61,555 primary rental cases in six years, from 2015 to the end of 2020, representing […]

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  • 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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  • Arada awards first contracts for the US$2.2 billion Masaar upscale forested community in Sharjah

    Dubai, UAE: Parsons andASGC Construction win two contracts for the Dh8 billion (US$2.2 billion) mega community that will be spread across 19 million square foot and host 4,000 villas at Masaar from master developer Arada, the developer said in a statement. Arada has awarded the first two contracts for Masaar, the 19 million square foot mega […]

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