Ending the first half on a record-breaking note, the Dubai property market is well-positioned to produce an even better second half with Expo City opening its doors ● 43.2k transactions valuing AED 115 billion recorded in H1 2022. ● June 2022 proved to be a record-breaking month for the Dubai property market as it produced the highest ever sales figure since 2009. ● After a 23 per cent increase, property prices during the H1 averaged AED 1,140 per square foot. ● Business Bay, Dubai Marina, Al Hebiah Fifth, Jumeirah Village Circle, and Downtown Dubai rank among the communities that recorded … Continue reading Dubai property market continues its upward trajectory in H1 2022

With the expected delivery of around 38,000 units during 2022 and the upcoming visa reforms, the Dubai property market is set to continue its upward trajectory ● Q1, 2022 saw the supply of 6,700 units, while around 31,000 more units are expected to be delivered from Q2 to Q4. ● The market continues to produce promising results as 5,440 transactions were recorded in May 2022, signalling a growth of 33 per cent on a Y-o-Y basis. ● MBR City received the highest supply of units in Q1, followed by Dubailand, International City, and JVC. ● The supply forecast shows that … Continue reading MBR City to lead the delivery of residential units from Q2 to Q4

Reportage Properties, the leading UAE real estate developer, announced a special offer on their new project, “Verdana”, located within the Dubai Investments Park. The offer includes a 15% discount, when  the buyer put a down payment of 30% of the unit value, with a commitment to pay only 1% per month. They also offer another choice of a 10% discount when putting a 20% down payment, and 1% monthly installments, or a 5% discount when putting a 10% down payment, with only 1% of the unit value paid on monthly installments. The “Verdana” project consists of 305 townhouses of 4 … Continue reading Offering 305 townhouses: Reportage Properties make a special offer on Dubai “Verdana”

Walid Al Zarooni: The real estate sector in Dubai is still in record numbers W Capital, the leading Dubai real estate brokerage , has assessed the performance of the real estate sector in the Emirate of Dubai,  in record numbers in terms of sales and transactions in the last 12 and a half years, based on the latest data issued by the DLD. Walid Al Zarooni, Chairman, said that real estate sales in Dubai amounted Dhs1.326tr ,making more than 572,599 deals ,from 2010 until mid-June 2022. Al Zarooni stated that the value of real estate sales since the beginning of … Continue reading 1.326 tr Dhs Dubai’s real estate sales since 2010