An increase of 110%:  “Reportage Properties” sales topped  Dhs 1.5 bn  in 11 months

* 12 projects under construction in Abu Dhabi and Dubai to provide 6,000 housing units Reportage Properties, the leading UAE real estate developer’s sales exceeded Dhs1.5bn since January to the end of November 2021, compared to Dhs714mn during the same period of 2020, an increase of more than 110%. Reportage Properties is developing 12 projects in the UAE, providing about 6,000 housing units within the most important investment sites in Abu Dhabi and Dubai, in addition to a project that has been completed and handed over in Masdar City in Abu Dhabi. Islam Ahmed Suleiman, CEO, said that the strong … Continue reading An increase of 110%:  “Reportage Properties” sales topped  Dhs 1.5 bn  in 11 months

Palm Jumeirah, Business Bay among best areas to buy property in Dubai

●      21 per cent growth was recorded in Dubai property prices during the first 10 months of 2021 as key performing areas continue to produce favourable results ●      Dubai Marina, Business Bay, Jumeirah Village Circle, Jumeirah Lake Towers, and Jumeirah Islands are among the best areas to buy property in Dubai ●      Other leading areas driving the property market include Palm Jumeirah, Arabian Ranches, Dubai Hills Estate, Downtown Dubai, DAMAC Hills, International City, MBR City, and Emirates Hills As the Dubai real estate market staged a strong recovery this year, its prime areas remained in demand throughout the year because of their strategic … Continue reading Palm Jumeirah, Business Bay among best areas to buy property in Dubai

“Reportage Properties” start construction works on their Yas Island “Diva” project

*The Project to add 736 new housing units in their Abu Dhabi portfolio Reportage Properties, the leading real estate developer in the UAE, announced starting construction works on their “Diva” project, being developing on Yas Island in Abu Dhabi. The project is planned to be finished and handed over by the last quarter of 2024. The “Diva” project provides 736 new housing units, with prices starting at Dhs510.000. Reportage Properties is developing 12 projects in the UAE, providing about 6,000 housing units within the most important investment sites in Abu Dhabi and Dubai, in addition to a project that has … Continue reading “Reportage Properties” start construction works on their Yas Island “Diva” project

How to deal with delay in real estate projects?

Mohammed Al-Hafiti ,The Real estate expert *Dhs132.6bn  Dubai real estate sales January to November Real estate expert, Mohammed Al Hafiti, said that Dubai Real Estate Regulatory Agency, RERA provides a supportive investment environment to attract investors, and regulates the cancellation of unfinished projects to protect real estate buyers. Al-Hafiti said that some real estate projects may be exposed to crises during their implementation, resulting in delays or stumbling so as RERA opt to  project cancellation. Al-Hafiti stated that the cancellation of any project is preceded by several procedures representing the supervision of the Real Estate Regulatory Agency and noting the … Continue reading How to deal with delay in real estate projects?