Arabian Ranches 2, Damac Hills, Jumeirah Islands are expected to remain popular villa communities for rent this year while Business Bay, Al Karama and Dubai Marina are likely to dominate apartments segment due to their prime locations in affordable
The cosmopolitan city of Dubai which is synonymous with the plush shopping malls, penthouses and real estate activity is fast returning to normal. The operations which had taken a back seat due to the COVID pandemic are gaining momentum.
The real estate and properties transactions valued at Dhs6.8 billion in total during the week, according to Dubai Land Department. 330 plots were sold for Dhs1.65 billion, 1,653 apartments and villas were sold for Dhs3.42 billion.
The Dubai Land Department (DLD), in cooperation with Property Finder, launched the 1st edition of Dubai’s first ever official Residential Rental Performance Index (RRPI). In January 2022 the overall monthly Index recorded 0.938 and an index price of
The Dubai property market is on a solid growth and is marching ahead bucking the global trends. The realty market is active in the recent weeks due to an increase in demand for housing units, in line with the success of Dubai Expo 2020.
EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced that its Investment Banking division has successfully completed advisory on Ali Alghanim and Sons Automotive Company’s $323 million Private Placement ahead of the Initial Public Offering (IPO) on Boursa Kuwait.