The Q1 recorded value included approximately 3,847 lands, buildings and unit’s real estate deals. WAM
MAG Property Development, the real estate development arm of MAG Holding Group, announced the launch of its massive Dhs8 billion residential programme in Dubai, a move that boosts the company’s presence in the emirate’s real estate sector.
According to the real estate bulletin 3,036 new investors entered the market in January and February 2021, representing 62% of the total number of investors during the same period.
The top three transactions were a land in Madinat Dubai Almelaheyah sold for Dhs212.6 million, followed by a land that was sold for Dhs53 million in Hadaeq Sheikh Mohammed Bin Rashid, and a land sold for Dhs212.6 million in Madinat Dubai Almelaheyah in third place.
Emaar Properties on Monday announced it has achieved significant increased property sales underscoring investors’ continued confidence in Emaar brand and recovery of Dubai real estate market.
The real estate and properties transactions valued at Dhs1.5 billion in total during the week ending 10 May 2021. The sum of transactions was 621.
DP World, a leading global provider of end-to-end logistics solutions, is set to start the development of the deep sea port at Banana, following agreement on amendments to the initial contract between the company and the Government