Blackstone Group LP is buying US industrial warehouse properties from Singapore-based logistics provider GLP for $18.7 billion, in what the companies billed as the largest private real estate transaction globally.
In a first of its kind administrative alliance, the Department of Lands and Properties (DLP) has collaborated with DXBintereact.com
The top three transactions were a land in Island 2 sold for Dhs34 million, followed by a land that was sold for Dhs26.5 million in Al Thanayah Fourth, and a land sold for Dhs34 million in Island 2 in third place.
The official sales price index of Dubai that was launched by Dubai Land Department (DLD) in cooperation with Property Finder, Dubai’s real estate market recorded 3,787 sales transactions worth Dhs7.43 billion in February 2021,
The top three transactions were a land in Palm Jumeirah sold for Dhs 22.5 million, followed by a land that was sold for Dhs 18.67 million in Jumeirah First, and a land sold for Dhs 22.5 million in Palm Jumeirah in third place.
The federal government has decided to sell its precious unutilised state properties at the Dubai Expo to attract foreign and Pakistani investors to the country and the funds generated through the exercise
The new initiative by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai to bring balance between the supply and demand in the property market
UAE-based IBC Group announced on Tuesday that it intends to acquire 10,000 premier properties in Dubai, to furnish and manage as holiday homes, and has contracted Berkshire Hathaway Home Services Gulf Properties
Dubai has become a global centre for unique architectural designs, a portrait that dazzles its visitors of all nationalities, being the preferred place to live, work, and invest for many individuals around the world.