• Arada records Dh2.41 billion in sales in 2021 and plans to deliver 4,000 homes in 2022

    Dubai: Sharjah-based property developer Arada reported a 38 percent growth in sales value to Dh2.41 billion in 2021, compared to the previous year.The company has sold 2,488 homes in 2021, a 6 percent increase on the year before, as buyers continued to invest in higher-value apartments and villas. Prince Khaled bin Alwaleed bin Talal, Vice Chairman […]

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  • Dubai’s 131,358 buildings come under 5-star classification

    Dubai Government has completed the star-rating of 131,358 existing buildings, ranking them from 1-star to 4-star and a 4 Plus-star in order to create a comprehensive database of all the assets and benchmarking them based on certain quality criteria. The total number of buildings in Dubai reached 131,358 including 102,523 villas and 28,835 buildings in […]

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  • 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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  • 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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