Expo 2020 impact expected for long term

The Dubai property market is witnessing a remarkable recovery as an upward trend is noted in both the prices and demand for residential properties. While there are other factors at play, the growth is mainly attributed to Expo 2020 Dubai, as areas closer to the global fair site are performing exceptionally well. Statistics reveal that 17,942 transactions worth AED 46.75 billion were recorded during the 4th quarter of 2021, signalling the growth of 12.7 per cent on QoQ basis and 63.2 per cent YoY basis as compared to Q4 2020. Both volume and value of transactions being the highest since … Continue reading Expo 2020 impact expected for long term

Revealed: Most Popular Rental Areas for Tenants in Dubai

Jumeirah Village Circle (JVC) remained the most popular destination for rental properties in Dubai’s affordable housing segment during 2021, according to Zoom Property Insights. It was followed closely by Al Nahda, Mirdif, Dubai Silicon Oasis and Akoya Oxygen. In the luxury category, the highest number of searches were recorded for Dubai Marina and Downtown Dubai. Jumeirah Beach Residence (JBR), Palm Jumeirah and Al Barsha showed steady performance throughout the year. The Zoom Property Insights noted a steady rise in rents for apartments and healthy growth for villas last year as the UAE continued to recover from the pandemic. It recorded … Continue reading Revealed: Most Popular Rental Areas for Tenants in Dubai

Within hours “Binghatti Developers” sell all units of the “Binghatti Rose” in Dubai

* Binghatti Rose” is a Dhs200mn investments project *Mohammed Binghatti: “ Robust performance  of the Dubai real estate  continues overcoming challenges The Binghatti Developers, a leading real estate development company, announced that their latest project, “Binghatti Rose”, located in the Jumeirah Village Circle,(JVC) was a great success with strong demand, as the entire project was sold out within just hours of launching. The sales reflect the continued strong demand for premium properties located in prime locations in the Emirate of Dubai. The company that in a  press conference  held at the Four Seasons Hotel in Dubai on Wednesday, December 22, … Continue reading Within hours “Binghatti Developers” sell all units of the “Binghatti Rose” in Dubai

Dar Al Arkan teams with Pagani Automobili to unveil the ultra-exclusive DaVinci Residential Tower in Dubai 

–       A tower whose interior design reflects the uniqueness and distinctive features of Pagani’s DNA, boldly taking its place among the most famous towers in the world in the heart of Downtown Dubai –       Overlooking the world’s largest building Burj Khalifa, the AED 800 million tower is an exclusive and radically designed masterpiece. Dar Al Arkan, the leading real estate company in Saudi Arabia and the GCC, has unveiled the DaVinciResidential Tower in Dubai in partnership with Italian Hypercar manufacturer Pagani Automobili, renowned for its exclusive and handcrafted production of ultra-limited-edition cars. The launch of the prestigious AED … Continue reading Dar Al Arkan teams with Pagani Automobili to unveil the ultra-exclusive DaVinci Residential Tower in Dubai