Driven Properties, a leading company based in the United Arab Emirates, has declared a record sale of the Jumeirah Bay Island Property that has broken all previous records in the Dubai real estate market. Bulgari Island, on Jumeirah Bay Island, a completely renovated, ready-to-move-in apartment has been sold for an incredible price of nearly AED…
Union Properties unveils $544m Takaya development in Dubai Motor City, depicting a major boost in Dubai Real Estate Market. Union Properties has officially announced the launched of its new $544m Takaya project in the leading community of Dubai called Dubai Motor City.With this development, Takaya sets a new standard in the mid-to-high range segment, promising…
The Palazzo Versace Property in Dubai is being auctioned once again, but this time, a major reduction in the price has been seen. The seller of the property had lowered the asking price to Dh 1.3 billion, but still the property has not attracted any buyer. The bids are accepted until October 16 with a…
MAG development, a UAE-based real estate company has launched a key residential tower in Dubai Sports City. MAG 777 is partly completed and costs AED 350 Million. Located in a lakefront setting, this residential tower allows residents to enjoy the dynamic and vibrant city life. This newly launched residential development by MAG development is an…
As per the reports by fäm Properties, the total sales value of the Dubai Property Market reached Dh141.9 billion in Q3 2024, which was a record high for a single quarter. The latest sales record surpassed the previous quarterly sales record of Dh124.07 billion set in Q2 of this year and signified a value increase…
Approx 40,000 new units to be launched in Dubai , because various developers have more than 200 projects in the works. In the first eight months of their launch, new project were sold at a rate of almost 86,000 units for a total amount of Dh213.7 billion. However, the figures are expected to exceed Dh272…
As per a press release by KASCO Developments, it has formally opened for business in the UAE real estate market with an AED 1.20 billion initial investment. It began operating in the real estate market in 2008, the KASCO Group has completed projects including Waves Tower by KASCO, KASCO Tower, KASCO Residence, and Gulf Oasis….
In Dubai’s City of Arabia, One Development, an international boutique developer with offices in Abu Dhabi and Dubai, is set to unveil its flagship Dh2 billion project. The project which is ideally situated in the center of Sheikh Mohammed bin Zayed Road in the City of Arabia, it is the first residential community with AI…
One of the biggest real estate developers in Dubai, Emaar has disclosed plans to challenge one of its own largest projects. “As per the reports by Arabian Business Emaar plans to construct a massive structure that will be able to compete with the Burj Khalifa in height”. After completion, the tower will surpass current planned…
The sell-out of Yas Island’s developed by the leading developer Aldar Properties with prices commencing at Dh8.3 million, reflects the growing demand for luxury living on the island. Aldar Properties announced the sell-out of Yas Riva in 24 hours, generating over Dh1.4 billion in sales. The key drivers of buyer’s interest is the location of…