Category: News


Damac welcomes first residents of Akoya

Damac Properties has commenced handovers at the ‘Claret’ cluster of its landmark 55 million square-feet master development, Akoya. Claret, which…
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Property demand and supply: it’s a balancing act

With a surge in delivery during the Expo, will the demand-supply gap further widen? Around 126,000 new units are expected…
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Dubai rent drops follow their own rules

JVC sees lower decline despite huge supply with IMPZ and Discovery Gardens worst hit Dubai: Dubai’s rental market is going…
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Chinese investments in UAE real estate set to grow 70% during 2019

Fidu Properties has reaffirmed that Chinese investments in the UAE’s real estate sector are set to surge in the coming…
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Rent to own the needed real estate trend

Dubai has been a haven for real estate investors for years and the government and authorities are consistently putting favourable…
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Dubai sees property deals worth $1.5bn during Ramadan

Off-plan deals in Dubai increased by 51% compared to same period last year. Property deals worth AED5.6 million ($1.5bn) were…
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5 things to consider when renewing or terminating a lease in Dubai

It’s a great time to negotiate a reduction in rent, but keep these things in mind. A “soft” real estate…
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Value of Dubai real estate transactions up 33% in 2019

Deals for apartments in Dubai constitute the largest portion of the total value of transactions. According to the DLD, the…
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Rising global investor interest seen in UAE’s industrial space

The UAE’s industrial and logistics space is increasingly attracting global investor interest, according to global real estate advisor JLL. JLL…
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Dubai’s Damac hands over first Sharia compliant property

Ghalia houses 727 fully furnished, luxury apartments and is located in the heart of the Jumeirah Village Circle. Ghalia, Damac’s…
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