Real Estate

villas for sale in dubai

villas for sale in dubai provide villa owners the option of living in tranquil villa communities that are surrounded by lush greenery or the sea side. Most villa communities in Dubai are extremely family friendly and diverse; often with very close-knit communities in a gated environment that ensure safety and security. The many different styles of villa developments often include easy access to make...

Apartments for sale in Dubai

Apartments for sale in Dubai The real estate market in the UAE has been stable over the past years and is actively developing and growing year after year. Investors buying real estate are not afraid of safety in the country. All transactions are carried out by licensed brokers. Contracts and fund transfers are standardized without risk. Residents who own real estate in the UAE are granted the same...

Dubai South reaps full benefits of bring ground zero for Expo 2020

Dubai: As the destination where the Expo is being held, the Dubai South master-development has been garnering all the attention. But, away from the Expo, the ‘city-within-a-city’ has been doing well on other counts too. For one, it has created more residential options to choose in Dubai, by delivering 1,400 apartments and 240 townhouses at its ‘The Pulse’ community. “Following the...

Abu Dhabi’s Aldar tests demand for ready apartments at new tower on Reem Island

Dubai: Aldar in Abu Dhabi is getting into the ready game. The developer will offer 182 apartments at a completed tower on Reem Island, with prices starting at Dh590,000 for studios and Dh885,000 for one-bedroom apartments. Sales start on February 13, with all apartments being ready for move in during the second quarter. These apartments are in the second building of the ‘Reflection’...

Sharjah’s Arada awards Dh322m contract for 920 homes

Dubai: Sharjah’s biggest developer Arada has finally confirmed its entry into Dubai’s property market, acquiring a Dh240 million plot on the Palm to build a Dh1.5 billion luxury project. “This was the last beachfront location with Nakheel (Palm’s master-developer) and we were chosen from the many who were interested in the plot,” said Ahmed Alkhoshaibi, Group CEO of Arada, which is the...

Dubai developer Sobha Realty seals $1b in 2021 sales

Dubai: Dubai-based Sobha Realty closed sales of over $1 billion for 2021, helped by consistently expanding at its flagship development Hartland. “The real estate market in Dubai continues to scale new heights,” said P.N.C. Menon, founder and Chairman, Sobha Group. “Despite the pandemic, transactional activity has been high in the emirate. We are optimistic about the sector outlook in...

Dubai’s super-luxury property prices now start at Dh75m

The real estate theme for 2021 was certainly the exponential rebounding of Dubai’s uber-luxury residential market, with Knight Frank previously reporting that in the ultra-prime bracket, the number of $10 million plus homes sold smashed the previous annual record set back in 2015. Unsurprisingly, the Palm, Emirates Hills and Jumeira Bay accounted for over three-quarters of super-prime sales in the...

Heightened landlord, tenant awareness can remove grey areas in sub-leasing holiday homes

As more information becomes available on the Dh30 million sub-renting affair with a holiday home in Dubai, it turns out the company did not have the permission to sub-rent the properties for one year in a majority of instances. And only a limited number of these properties were operated as holiday homes. Regardless, whether the property was sub-rented without permission or if the property was a...

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