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…
Meraas, a famous real estate developer in Dubai and a part of Dubai Holdings Real Estate, has announced the launch of 200 new villas at “The Acres,” a standalone villa community located in Dubailand. This expansion is inspired by the ultimate success of the initial phase and meets the ever-growing demands of sustainable and nature-inspired…
Binghatti, a leading real estate developer in Dubai unveils “Binghatti Ghost,” the first-ever project in Al Jaddaf community. After a long gap of 2 years, Binghatti made a comeback with this extraordinary residential project in this community. This new project will feature 770 residential units. Not only this, Binghatti Ghost will also feature 6 upscale…