Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 1 minute ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Dubai’s residential properties post robust growth
March 16, 2017
 Print    Send to Friend

DUBAI: Residential properties in Dubai is registering robust growth in terms of yields than any other properties in the world’s leading cities, leading developers in the country confirm.

This optimism is already very evident with Danube Properties, UAE’s leading property developer, and part of Danube Group, which has been enjoying high demand and interest, with their famous one per cent payment plan, allowing customers to be the proud owners of a property by paying as low as Dhs4500 per month. The other factor of Danube’s popularity is the conversion of a one bedroom to two, making it even more affordable.

Presently, Danube Properties has an impressive book value of Dhs 2.2 billion worth of extremely successful projects with millions of square feet currently under construction, says the Danube Group Founder and Chairman Rizwan Sajan.

Rizwan while speaking on the sideline of the launch a new realty project called ‘Resortz’, in Dubai’s Arjaan neighbourhood, noted that as a result, investors are able to purchase property at low prices and reap rich dividends, while the absence of property tax further adds to Dubai’s investment confidence.

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
Dubai Investments distributes 12% dividend
Dubai: Dubai Investments, the leading, diversified investments conglomerate listed on the Dubai Financial Market, has decided to distribute 12 per cent cash dividend to i..
IEC Telecom introduces pre-paid Internet packages
Dubai: IEC Telecom Group along with their partner Thuraya Telecommunications Company has announced the launch of FlexiYacht, a milestone solution for yachts and boat own..
Offshore Arabia Exhibition opens in Dubai
Dubai: Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Saeed Mohammad Al Tayer..
DLD announces closing of ‘First Arab Land Conference’
Dubai: Dubai Land Department (DLD) has concluded the ‘First Arab Land Conference’, which was hosted by the Emirate of Dubai from 26th to 28th February at the St. Regis - ..
MoF launches series of initiatives and events
Dubai: As part of its efforts to strengthen the country’s position as a global hub for innovation, the Ministry of Finance (MoF) launches a series of initiatives and acti..
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright