TECOM’s revenue increased 15.8 per cent YoY driven by higher occupancy rates across commercial and industrial segments
According to Mo’asher data, Q2 2022 marked the highest quarterly volume of sales transactions for the last decade, with a total of 22,504 transactions worth Dhs59.154bn
Group sales rose to a record level of Dhs5.33bn for H1 2022, driven by strong domestic and international demand for existing inventory and launch of new properties
The transaction includes the four main office towers in ADGM located on Al Maryah Island, Al Sila, Al Sarab, Al Maqam and Al Khatem
For the months of April and May, the value of point-of-sale transactions jumped by 16 per cent year-on-year to a total of SAR91.8bn across the kingdom as a whole
The step comes as part of the Housing Programme for Dubai Citizens, to meet the requirements and needs of Emirati families
The decree is the latest in a series of laws that have been recently passed in Dubai in relation to property
The Department of Municipalities and Transport recorded 7,474 property transactions in the first six months of the year
The Dubai Land Department has been authorised to conduct inspections of commercial land plots to ensure full compliance with the ‘Musataha’ agreement
The decree covers all real estate investment funds licensed and regulated by government authorities as well as private development zones and free zones
The Sharjah Real Estate Registration Department registered 358 mortgage transactions worth Dhs764m
Average rents in the 12 months to June increased by 21.7 per cent, with average apartment and villa rents increasing by 21.2 per cent and 24.7 per cent, respectively
Prices for villas grew at a monthly rate of 1.7 per cent in June, down from an average of 2.3 per cent per month last year
The sales recorded at Grove District so far total up to Dhs600m
In May, Dubai recorded the highest volume of sales transactions for the same month in the past decade, showed data from Mo’asher
GFH Financial Group’s investment strategy in the student housing sector is focused on building a diversified portfolio that comprises top universities in the US
Local real estate investment trusts can benefit from a different approach to real estate lending by local banks and an enhanced legal framework to support their growth and popularity
Tenants will soon be able to pay their rent automatically through online banking rather than post-dated cheques
There’s a rising number of property management firms available to cater to demand, but are they all equal?
Dubai enters ‘Transparent’ tier status for the first time driven by new regulations and enhanced digital services
There is a high momentum particularly in the off-plan segment and it will only grow, notes Atif Rahman
Despite a year’s delay, the expo event successfully managed to bring the world together in Dubai
SuperAgent uses millions of data points and aims to help home-seekers find the most responsive agents with up-to-date and improved knowledge of the properties
The investment in the Taronga Ventures fund adds to Aldar’s investments in four other real estate technology funds
Majid Al Futtaim – Properties, which is the first real estate developer from the MENA region to join MIT/ CRE as a strategic partner, will collaborate with the centre on in-depth research across areas of common interest
The CEO of the Dubai-based property firm showcases his company’s operations and expansion, and the UAE’s thriving real estate market
Recent policy initiatives that make it easier for foreigners to live and work in the UAE have also bolstered the demand for real estate properties
The emirate’s real estate market recorded a total of 6,652 sales transactions in May
The country manager of Dubai’s real estate platform envisions the emirate to lead the way in digital advancements, inclusivity and investments. Here’s why
Abu Dhabi Global Market has also amended the existing real property related fees by enacting the Real Property Regulations (Fees) Rules 2022